The Power Of YouTube: Don't Stop Believin'!

Journey's new singerTrue confession: I’m a karaoke junkie. My birthday is actually an annual sing down at a Chinese restaurant nestled in a strip mall near my house. My husband brought me back a little karaoke machine when he traveled to the Philippines, which lasts about 30 minutes before conking out. And while I know that love of karaoke is certainly not limited to younger people (hello “Duets”?), games like Rockband, Simon’s blistering karaoke insults on “Idol” and the endless tribute videos on YouTube have fueled a new generation of crooners.

When I saw this story about how Journey [yes, the same Journey that ended “The Sopranos” and made the series premiere of “Glee” so irresistible] found its new lead singer [on YouTube, natch!], I couldn’t look away. In a way it was like that Marky Mark movie about the cover band singer landing the gig with the real band - except that it also felt sort of reflective of what’s happening in global youth culture right now. That a young wringer for Steve Perry (or at least his voice) could post a video on YouTube and be “discovered” by the band’s original members feels like a modern narrative that is becoming more common (think: Esmée Denters).

We can probably credit karaoke for keeping bands like Journey relevant to youth across the Pacific Ocean. As for “classic rock” remaining relevant here - between the Woodstock resurgence our advisory board member Caro wrote about yesterday, VH1’s I love the 60s/70s/80s and classic tunes continuing to show up in pop culture [“500 Days of Summer” made me want to buy Hall & Oats’ greatest hits on iTunes immediately], well, let’s just say I wouldn’t be shocked to hear a similar version of this story with another incomplete band from our collective past looking to capitalize on a pop culture resurgence—at least in the short term.…

 
 

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Quote of the Day: “My 2017 resolution is to improve my dog's confidence- She's somewhat fearful.”—Female, 28, PA

At some malls, teens “have worn our their welcome.” Cases of teens banding together on social media and going to malls to create chaos have reportedly been increasing over recent years. To avoid giving consumers another reason to shop online, some shopping centers—105 in the U.S. according to the International Council of Shopping Centers—have responded by imposing curfews and bans on the young consumers. The legality of such restrictions has been called to question, with the ACLU working to fight discrimination at play. (LA Times)

Millennial parents are getting by with a little—ok, maybe a lot—of help from their own parents. A TD Ameritrade survey has found that 19-37-year-olds who have kids get $11,000 on average from their parents through financial support or unpaid labor, and more than half get assistance through childcare or housekeeping weekly. But the assistance isn’t one-sided: three-quarters of 50-70-year-olds with Millennial children say they’re glad to help, and four in ten Millennials say they help their parents too, with an average of $2000 in 2016. (USA TODAYBusiness Wire)

The NFL is looking outside their traditional playbook to reach young fans. The league has partnered with AwesomenessTV for In The NFL, a new series that “lifts the curtain” to give a behind-the-scenes look at the sport. Since "a 17-year-old girl doesn't want to watch the same content as her mom or her dad,” some episodes have a young female focus, with one starring YouTube stars the Merrell twins taking a tour of a stadium, and another featuring one of the few female owners in the NFL, Kim Pegula, offering career tips to young women. (Adweek)

Can the future generation of shoppers save brick-and-mortar retail? Maybe. A new IBM and National Retail Federation study has revealed that 67% of 13-21-year-olds shop in-store most of the time, while another 31% occasionally buy from them. One analyst notes that their desire for “hands-on experience” is setting their preferences, but lack of credit cards and life stage are also likely forces deterring them from online shopping—and we predict that if fintech solutions are developed with teens in mind it could be a fatal blow for physical teen retailers. (RackedBusiness Wire

The sharing economy may be impacting Millennial spending. Research by Hammerson and retail consultant Verdict found that more than half of Millennials used a sharing economy business like Uber or Airbnb in the last year, compared to 16.2% of those over 35-years-old. Nearly a quarter of Millennials say they aren’t concerned about home ownership and would be content with renting for the rest of their lives, and when compared to those over 35-year-olds, they're two times more likely to agree that there are some products they don’t need to own and would prefer to rent. (Forbes

Quote of the Day: “My 2017 resolution is to live my life the way Carrie Fisher would have wanted me to.”—Female, 21, TX

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