FTX will distribute approximately $1.6 billion to creditors in its third distribution on September 30, 2025, following its Chapter 11 reorganization plan. Eligible creditors must complete KYC, tax forms, and onboarding with designated service providers (Bitgo, Kraken, Payoneer) to receive funds, which will be paid directly to these providers. The distribution includes various classes of claims, with some receiving up to 120%.
Starting September 26, players of Pokemon Scarlet and Violet in select regions can redeem free codes for shiny Koraidon or Miraidon, available until October 15, through participating retailers like GameStop and EB Games. The codes are version-specific and can be used to obtain shiny legendary Pokémon in-game. Additionally, other shiny Pokémon and Tera Shards are available until September 30, and upcoming releases include Pokemon Legends: Z-A and a new spin-off, Pokemon Pokopia.
A limited-time distribution of Shiny Chien-Pao is now available for Pokemon Scarlet and Violet via Mystery Gift, unlocked after players collectively defeated over 5 million Shiny Chien-Pao in Tera Raid Battles. The event runs until September 30, 2025, with upcoming distributions for other shiny Pokémon planned.
Attendees of the 2025 Pokémon World Championships in Anaheim can receive exclusive in-game Pokémon, including a Toedscool via a code at the event and a special Farigiraf through a livestream password, both available for a limited time in Pokémon Scarlet and Violet.
Pokemon Scarlet and Violet are offering a limited-time distribution of Shiny Wo-Chien as a reward for defeating over 1 million Shiny Wo-Chien in Tera Raid Battles, with players able to claim it through the Mystery Gift feature in the games.
The Federal Trade Commission (FTC) has filed a lawsuit against the largest alcohol distributor in the United States, accusing the company of engaging in illegal pricing practices. The lawsuit alleges that the distributor violated antitrust laws by manipulating prices to stifle competition and maintain its market dominance.
Francis Ford Coppola's long-awaited dream epic "Megalopolis" is struggling to find a distributor despite its star-studded cast and mixed early reactions. The industry's reluctance to take risks on original projects and the polarized reception of the film have contributed to the challenges. While some praise it as a visionary masterpiece, others have criticized it as "not good" and "batshit crazy." Coppola is determined to secure a theatrical deal with a lengthy window and IMAX preference, but may need to invest more of his own money for marketing. Despite the hurdles, the team believes the film is for everyone and is considering a festival opening while seeking a distributor.
Francis Ford Coppola's self-funded epic film "Megalopolis" faces challenges in finding a distribution partner despite a star-studded screening attended by industry heavyweights. With a reported $120 million budget and a complex storyline, the film's unconventional nature has left potential suitors uncertain about its commercial viability, leading to doubts about securing a traditional studio deal. While some praise its imagination, others find it a hard sell, making it a tough prospect for a wide audience and raising questions about its future release.
Energy Transfer, an integrated midstream company, has been increasing its distribution every quarter since the start of 2022, with approximately 90% of its 2024 earnings projected to come from fee-based activities. The company's growth opportunities include spending on growth capex and a strong backlog of projects, positioning it to continue growing its distribution over the next several years. Despite past challenges, Energy Transfer's distribution is well covered by its cash flow, and it is considered one of the cheapest large-cap stocks in the midstream sector, with potential for price upside.
Energy Transfer, a midstream company, has a diversified fee-based business model and a strong backlog of growth projects, positioning it to continue growing its distribution over the next several years. With its distribution well covered by cash flow and a largely fee-based business model, the company looks poised for growth. Despite trading at a discount to its peers due to past issues, Energy Transfer's improved balance sheet, growth prospects, and distribution restoration should help win back investor trust over time.
Israel's COGAT accused UNRWA of failing to distribute humanitarian aid to Gaza, sharing a photo showing a build-up of aid on the Gazan side of the border. UNRWA has been criticized for years and has come under particular scrutiny since employees were connected to attacks on Israel. COGAT's post comes amid accusations that Israel is obstructing the flow of humanitarian aid into Gaza, while a recent report warned of imminent famine in the region. Israeli officials maintain that the issue is not a lack of aid being allowed into Gaza but rather its distribution once inside the strip, pointing to Hamas's commandeer of aid delivery. To bypass the bottleneck, foreign nations have begun dropping aid packages over Gaza from the air and initiating projects to deliver aid by sea.
A shipment of aid has arrived in Gaza, but there are discrepancies over its distribution, with World Central Kitchen saying the aid is still awaiting distribution while Israeli officials claim it has been distributed. A second aid ship is being prepared to sail for Gaza. The arrival of aid comes amid mounting frustrations over the lack of aid flowing into Gaza, where Palestinians are facing starvation. The U.S. and its international partners have pushed for Israel to increase the flow of aid into Gaza, with plans to build a temporary port to facilitate future maritime deliveries.
Ex-PlayStation boss Shawn Layden believes that the increasing cost of AAA games is unsustainable and that PlayStation is overspending and under-distributing due to limited console install base. He suggests that releasing games on both PlayStation and PC simultaneously, as seen with Helldivers 2, could increase profits. However, Layden's current involvement in blockchain/NFT technology raises skepticism about his proposed solutions to the industry's challenges.
Kanye West's album "Vultures 1" was released through FUGA, a distribution platform, despite the company's initial refusal to do so, leading to a violation of their service agreement. FUGA is now working to remove the album from its systems. The album's release has been marred by delays and issues, including the removal of a track from Spotify due to a copyright complaint from Donna Summer's estate.
The remake of the 1989 cult favorite "Road House" has sparked a fierce battle behind the scenes over its release, involving verbal abuse, distribution plan arguments, and the involvement of a notorious private investigator. Despite the drama, the movie is expected to be one of Amazon Prime’s most-watched films this year. The project, which changed trajectory after Amazon's acquisition of MGM, faced conflicts over distribution plans, leading to a public fallout between the director and the studio.
