TOM WAS RIGHT: ALIENS EXIST AND ANGELS & AIRWAVES DID START A REVOLUTION | 2026-10-30

We all owe Tom DeLonge an apology. Don’t look now, but it’s been twenty full years since the 50-year old American musician and songwriter’s emphatic debut with Angels & Airwaves (AVA), We Don’t Need To Whisper. Granted, we’re not quite at the 30-year mark he’d set for himself as part of his efforts to “change the face of rock and roll” through the greatest musical revolution of our generation (nor at the more ambitious 24-year timeline he later upgraded), but two decades after the inaugural album by the self-proclaimed transmedia project about humanity feels like an opportune time for a long overdue midterm review.

Back to the apology though. Remember when Tom started shouting about UFOs during his incredibly successful blink-182 first act era and no one really took him seriously? Recall later, when the U.S. Navy confirmed the mysterious objects appearing in the footage DeLonge‘s tech start up To the Stars* helped get released via the New York Times were, in fact, UFOs? People weren’t exactly having a last laugh then. And yet, the biggest vindication the Poway, CA-native can lay claim on is arguably how much of a sea change moment AVA‘s formation and subsequent career was for, well, pretty much how the whole entire music industry operates nowadays.

Gestated right around the time when blink-182 went on their first hiatus in 2005, most initially assumed that Angels & Airwaves were just another side pet project to blow off steam from the trio’s contentious break up—sitting alongside his 2002 one-album-stint with Box Car Racer (he did after all re-recruit longtime childhood friend David Kennedy from that group to AVA). However, while the latter project had largely dabbled in similar, if rawer, sounds and aesthetics to early 2000s blink-182, AVA were a more flagrant, decisive, and drastic departure from the jump. Right out of the gate, the band’s announcement felt larger-than-life in scope, more serious and mature in lyrical focus, and tapping into a whole entire new side of DeLonge’s musical affinities, including arena rock, post-punk, and new wave.

If people thought DeLonge could come off pompous and irreverent while in blink, they must have flat out not been able to recognize the then-just-turned-thirty gentleman. To say that he oozed braggadocios confidence would be an understatement—far from letting a multimedia concept band quietly announce itself to the world, Tom kept heralding it with the kind of puffy hyperbole that was almost asking for people to take a great deal of pleasure in knocking it down. Incidentally, many wasted little time before doing so once their stellar debut album was released in the year of our Lord 2006. Shame they couldn’t quite understand how big of a watershed moment that represented for (alternative) music writ large.

First, there was the subdued move to independence and DIY. In spite of its huge and expansive sound, We Don’t Need to Whisper was almost entirely written, recorded, and produced at Tom’s makeshift San Diego home studio at the time, with just Atom Willard’s drums getting taped at Foo Fighters’ San Fernando Valley Studio 606 (as the final tracked instrument—another counterintuitive and innovative studio strategy flipping the typical recording assembly chain of starting with percussions). Yes, everyone and their mom self-records and self-produces in their bedroom nowadays, but ditching a glossy label-sponsored studio for a residential dwelling in 2004-2005 felt like a pretty radical move. Especially from a global superstar who had sold millions of records with his previous pop-punk band. Not the kind of equipment and set up downgrade you’d see at the order of the day back then.

As later revealed in the detailed ‘making-of’ chronicles of their debut LP as part of their 2008 documentary film Start the Machine, AVA was also ahead of the curve with respect to cybersecurity. Yup, firewalls, social engineering, ransomware, and all that jazz. As every average Joe is now forced to take an anti-phishing course every six months as part of their company’s security compliance, twenty years ago Tom and the band doubled as an inadvertent canary in the coalmine for online leaking risks and vulnerabilities. As told by their oral histories in the aforementioned documentary, while in the latter stages of completing We Don’t Need to Whisper, a “fan” managed to break into Tom’s email inbox, seeing fit to leak four songs from the project to the internet. Apparently, the first one they “chose” was what ended up being AVA’s lead promotional single, and their biggest tune to date: “The Adventure“. The group had unintentionally crowdsourced their marketing strategy to pirated intelligence.

There’s also the great deal of musical and iconographic influence waged by AVA across the spectrum at the time. Without a billboard splash like that of Tom and co., filled with interstellar imagery and grown up thematic foci, chances are we would have gotten no Black Parade, no Beautiful Lie, no Louder Now. At least not in the immaculate and timeless veneer those projects continue to carry. What’s for sure is that more than half of the so-called third wave emo and alternative rock bands wouldn’t have known where to start in terms of aesthetics and visual inspiration. Did we mention that through his apparel brands Atticus Clothing and Macbeth Footwear Tom also provided the bona fide wardrobe of record to the Scene?

Y’all see the point? There is no Golf Wang and Homer without Tom DeLonge. Tyler and Frank would probably be the first to concede this.

Here’s the kicker though. The largest business impact of Tom DeLonge’s visionary inventiveness might have actually happened behind the scenes—unbeknownst to most regular fans. Well you see, as part of Angels & Airwaves ambitious transmedia corollary—counting north of twenty works of art to date, including feature full length movies, comic books, novels, and a wealth of merchandising—he also built fan club community platform Modlife a few years after the band’s founding. Modlife was a prescient tool that went on to be used by Pearl Jam, Kanye West, Nine Inch Nails, The Offspring, The White Stripes and Taking Back Sunday amongst dozens and dozens of other artists. Not exactly fringe acts in the modern musical zeitgeist.

Sure, we’ll be first to admit that the jury might still be out on whether AVA did end up becoming the kind of “second coming of Jesus Christ” Tom had hailed it to be two decades ago. Much more probable is the attainment of his self-imposed goal of starting a creative revolution with the band. Today, AVA is completed by guitarist David Kennedy, bassist Matt Rubano (of former TBS and many others’ fame) as well as drums prodigy Ilan Rubin, and sits at the heart of a multimedia I-empire, having released six total studio albums—their latest being 2021’s excellent Lifeforms. Check out our full tier list here.

Depending on how exactly one counts, Tom and AVA still have either four or ten years to fully accomplish their revolutionary vision. As of October 2022, he reunited with blink-182 one more time and appears busy having fun on the road with the pop-punk giants, with yet another world tour slated for next year. With AVA on some kind of a break for the foreseeable future, we’d be remiss if we didn’t catch you up on all things science, supernatural, and government intelligence Mr DeLonge has been up to in the last decade. Did we mention he’s been having a bit of an influence lately?

Staying true to his lifelong convictions, since founding the so-called To The Stars Academy of Arts & Science (TTSA) in 2017, Tom has continued to build an unusual-yet-stupendous hybrid of UFO advocacy and transmedia entertainment. Bringing together former government, intelligence, and aerospace personnel with creative talent, the venture’s original mission sought to merge scientific inquiry with storytelling. Its current catalogue operates like a shared intellectual-property universe blending facts with fiction: Sekret Machines spans both realms in the form of lengthy books; Poet Anderson expanded into graphic novels and animation; and joints such as Strange Times, Trinity, and Time Rider keep the blend of paranormal lore, science fiction, and purported real-world mysteries.

As mentioned previously, TTSA also pretty much singlehandedly helped propel unidentified aerial phenomena (UAP) into mainstream news coverage. In December 2017, a TTSA-informed landmark New York Times investigation publicized three U.S. Navy videos alongside revelations about the Pentagon’s Advanced Aerospace Threat Identification Program. Frequently described as classified UFO footage, the videos were subsequently and reluctantly confirmed as genuine Navy recordings. The Department of Defense formally authorized their release in April 2020, however, explicitly stating that the phenomena remained unidentified—not necessarily that they were extraterrestrial in nature. TTSA also secured a 2019 research agreement with the U.S. Army, and further testing under the All-domain Anomaly Resolution Office’s oversight.

Around five years ago, the Academy’s research affectation started to shift identity toward more pronounced entertainment, as the company announced it was scaling back science-and-technology commercialization to prioritize original film and TV content. It legally renamed itself To The Stars Inc. in November 2021 and consolidated its public-facing presence with To The Stars Media in 2022. DeLonge’s cinematic ventures include his solo directorial debut, Monsters of California (2023), the animated series Breaking Bear, released earlier this year, and a developing Sekret Machines TV-series adaptation. Although the UFO mission persists—how could it not, at this point?—entertainment and cross-platform intellectual property now seem to sit at the center of the business.

All the while Tom carries on cracking dick jokes and self-deprecating humor on the world’s biggest stages with blink-182. One revolution at the time.

We’d like to thank you sincerely for taking the time to read this and we hope to feel your interest again next time.

AV

AS PRIVATE EQUITY, POLITICS AND PREDICTION MARKETS RESHAPE SPORTS, IS THE PRESS BOX UP TO THE TASK? | 2026-10-01

This one is courtesy of the good people over at The Conversation—it piggybacks on this piece from last year as well as this recent one from this neck of the woods. $ports $old $eparately.

It was around a year ago that the podcast “Pablo Torre Finds Out” released the first episode of what would become a 17-part series into alleged efforts by the Los Angeles Clippers to circumvent the NBA’s salary cap rules.

Since then, the podcast team has netted a Pulitzer Prize, a National Magazine Award and an Edward R. Murrow Award for its independent investigative reporting on the story. 

On Sept. 2, 2026, the NBA released the findings of its own investigation into the scheme, concluding that the Clippers had helped star forward Kawhi Leonard secure endorsement deals with four companies that did business with the team – and had offered those companies business in return – in violation of the league’s salary cap rules.

The punishment amounted to one of the largest in American sports history and included the Clippers being fined US$30 million and stripped of five future first-round draft picks, with team owner Steve Ballmer receiving a one-year suspension.

Yet as “Pablo Torre Finds Out” began unwinding the Clippers’ efforts to circumvent the salary cap, legacy sports media outlets largely stood by and watched – when they didn’t outright dismiss the podcast’s work.

To me, this is a story that showcases the growing importance of independent journalism. But it’s also a story about the shortcomings of traditional sports media. As someone who studies how sports is becoming increasingly intertwined with political and corporate power, I can’t help but wonder if the sports media is up to the task.

The ‘toy department’ gets serious

In the heyday of newspapers, the sports page helped sell subscriptions. But it was often disparaged as the “toy department,” since it featured less “hard” or seriousreporting.

The sports page’s bread and butter has long been game stories, injury reports, trade rumors and opinion columns. Sports radio perfected play-by-play commentary and talk shows that often involved debates with fans. Magazines ran in-depth profiles of individual players and long-form stories about epic playoff battles. Television centered on live game broadcasts, postgame highlights and weekly shows. Books went deeper, whether through biographies about the lives of coaches and athletes or narratives of memorable seasons that detailed the construction of championship squads.

Over the years, these formats coexisted to create a relatively balanced media diet. At times, they were even able to produce noteworthy investigative stories: Boston College basketball’s point-shaving scandal in the 1980s; the pervasiveness of performance-enhancing drug use in MLB during the 1990s and 2000s; and what the NFL knew about long-term brain damage linked to repeated head injuries in the 2010s. 

But because the intermingling of sports with politics and finance now runs so deep, holding power to account often requires investigations that transcend regular sports reporting. The Athletic’s Adam Crafton, for example, spent months digging through host-city contracts and public records in order to show how FIFA had shifted World Cup costs onto U.S. taxpayers. 

Yet Crafton’s reporting and research for The Athletic remains an exception; much of the watchdog journalism on the sports industry has to be taken up by outlets that aren’t sports-centric, yet have an investigative reporting infrastructure already in place.

For example, ProPublica was able to expose the tax-evasion practices of wealthy sports teams owners in 2021. And in April 2026, Wired revealed how Madison Square Garden, the home of the New York Knicks and New York Rangers, was secretly using facial recognition technology to identify people entering its venues and compile profiles of them.

The digital deluge

The changing media landscape in the digital age has created openings for podcasters like Torre. But it has also made it more difficult to distinguish journalistic rigor from public relations.

Fans can now get their sports news from a motley crew of formats and personalities, ranging from social media personalities and podcasters to YouTube channels and streamers.

Meanwhile, the line between sports leagues and the media outlets that cover them has blurred. In January 2026, ESPN bought the NFL’s official TV network. Almost all major franchises now feature in-house media teams that run their own stories and social media accounts to compete with traditional outlets. The owner of the Boston Red Sox, John W. Henry, also happens to own the New England Sports Network and Boston’s primary newspaper of record, the Boston Globe.

Athlete-owned media channels like PlayersTV might offer an interesting window into athletes’ lives and perspectives, but these formats will always have strong incentives to veer into self-promotion.

Vehicles for investment

The fragmentation of traditional sports media has occurred alongside the growing financialization of sports.

By financialization of sports, I mean the ways in which sports teams, leagues and athletes are increasingly seen as financial assets and vehicles for investment, rather than cultural or sporting institutions.

Because U.S. professional sports leagues operate as tightly controlled, closed markets, they can determine who is allowed into teams and what size stakes they can hold. Private equity was only recently granted permission to start investing in pro sports leagues. But even then, across the five major North American leagues, private equity firms’ involvement has been capped at a maximum of 30% of noncontrolling ownership.

That hasn’t made investment any less attractive, as sports teams have tended to regularly outperform the stock market by several degrees of magnitude. 

Take the NBA’s Los Angeles Lakers. In August 2026, Mark Walter sold the team for $12.5 billion, a record-breaking sum in the history of professional sports. The sale took place less than a year after he bought a controlling interest in the team for a then-record valuation of approximately $10 billion, meaning the team’s valuation had increased 25% in just nine months. 

Going back even further, Jerry Jones bought the NFL’s Dallas Cowboys for $150 million in 1989; as of September 2026, the franchise is worth $17 billion – an inflation-adjusted return of roughly 4,155%.

For these reasons, institutional investors such as RedBird Capital Partners and Arctos Partners have entered the sports market in recent years. On Aug. 11, 2026, MLB’s New York Yankees announced a $2.6 billion financing deal with Apollo Global Management that includes an eventual 16% stake in the team and values the Yankees at more than $12 billion.

Parking money in what’s popular

It’s easy to see why investors are drawn to professional sports. 

Live sports remain one of the few areas of American life with genuine mass appeal that transcends politics, race and class. Virtually all top broadcasts and most-watched shows every year are sporting events. 

Beyond a financial return, wealthy investors and entities see valuable teams and leagues as a way to purchase credibility in the eyes of the public through what’s called “sportswashing,” or using the widespread popularity of sports to burnish their reputations. 

But the new streams of capital have created opportunities for financial misconduct. The Miami-based investment firm 777 Partners built a portfolio of international soccer clubs as part of an ambitious expansion financed by its broader investment business. The firm unraveled in 2025 after prosecutors accused its founder and chief financial officer of concealing hundreds of millions of dollars in financial problems from lenders and investors, a case bolstered by the CFO’s guilty plea.

Meanwhile, the rise of sports betting, fantasy leagues and prediction markets has further turned sports into a vehicle for financial speculation. And billions of taxpayer dollars continue to subsidize massive stadium projects, despite limited economic benefits and weak public support.

Reforming the approach

I think the unlikely success of an independent reporter like Pablo Torre can serve as a teachable moment for sports journalism.

In a forthcoming article for the International Journal of Sport Communication, sports media scholar Roxane Coche and I argue how sports journalists could embrace more of a watchdog, investigative role in their coverage.

We suggest that sports journalists could have basic economics training to put them in a better position to report on financial schemes, analyze U.S. Securities and Exchange Commission filings or understand cryptocurrencies. And then there are basic watchdog journalism methods that could be integrated into their everyday reporting: surveying public records, mining documents and fact-checking statements.

Sports has never simply been about which team wins and which team loses on a given day. But it’s becoming impossible to ignore the ways in which politics, finance, fanbases and athletes are increasingly reshaping the sports landscape.

In just the past 12 months, Josh Kushner, whose brother is the son-in-law of President Donald Trump, bought a stake in the Los Angeles Lakers. NBA and MLB players have been caught up in gambling investigations, and FIFA has explored selling a stake in its commercial rights to private investors.

These are all sports stories that warrant closer scrutiny.

We’d like to thank you sincerely for taking the time to read this and we hope to feel your interest again next time.

AV