Ankler Agenda

Is Everyone Leaving L.A. (Or Is That Just Your Group Chat)?

15 snips
Jan 9, 2026
Matthew Frank, a journalist and Gen Z correspondent for The Ankler, sheds light on Hollywood's so-called exodus during a crucial discussion. He unveils the intricacies of prediction markets with MoviePass, where participants can bet on everything from Oscar outcomes to Netflix rankings. The conversation also dives into LA's ongoing recovery post-fires, exploring the economic impact and migration trends affecting creatives. Plus, Richard Rushfield outlines six pivotal factors that could shape the future of the entertainment industry in 2026.
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INSIGHT

Prediction Markets Are Mainstream Now

  • Prediction markets have grown into a massive, legitimate space akin to stock exchanges regulated by the CFTC.
  • Entertainment betting is emerging as a dedicated vertical with MoviePass's Mogul aiming to centralize it.
ANECDOTE

Ankler Puts Real Money On Predictions

  • Matthew Frank will use $1,000 of The Ankler's money to test prediction markets across entertainment events.
  • He frames the exercise as a recurring experiment called 'Betting on Hollywood.'
INSIGHT

Markets Match Bettors, Not The House

  • Prediction markets match bettors against each other rather than the house, creating a closed-loop trading dynamic.
  • That structure makes outcomes price-discovering and more exchange-like than traditional sportsbooks.
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