Discussion

• @alexweprin Alex Weprin on x

  An update to this: I am hearing that Fox News will NOT be using Kalshi data for its election coverage, and will be leaning on its own polling and election teams.

• @dkthomp Derek Thompson on x

  When I wrote this in November about the logical conclusion of prediction markets in media—ie, Fox News hosts doing branded segments about how viewers could make money on political bets—I was joking. But these days, the line between parody and prognostication is getting awfully [i…

• @aleximm Alex Immerman on x

  The power of prediction markets extends beyond trading The markets produce information - a live probability that's more disciplined than a poll or pundit CNN, CNBC, and now Fox recognize the importance of Kalshi: a feed of what people truly believe when incentives are aligned

• @alexweprin Alex Weprin on x

  Prediction markets are controversial, as they are see as back door avenues into sports betting, and allow wagers on controversial topics like updates on the war in Iran. But media executives like the data, and see possible revenue. https://www.hollywoodreporter.com/ ...

• @alexweprin Alex Weprin on x

  NEW: After cutting deals with CNN and CNBC, the prediction market Kalshi has made arguably its biggest deal yet. It is getting into business with Fox, where its data will be baked into Fox News programming.