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Smooth peanut butter smeared all over
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New PB

America’s favorite condiment isn’t ketchup — it’s peanut butter

A new survey finds US adults love peanut butter so much that nearly 4% of the population carries it around with them.

Millie Giles

Aside from some run-of-the-mill contamination recalls and compensation allegories, peanut butter has been in the news for more interesting reasons recently, after a descendant of PB royalty sparked discourse about the spread (and not just the tired smooth vs. crunchy debate).

Brad Reese, the grandson of — you guessed it — the guy who invented Reese’s Peanut Butter Cups, hit out at the brand’s current owner, Hershey, for skimping on ingredients, including replacing peanut butter with “peanut butter crème.” Reese told The Associated Press that the candy was now “not edible,” and described the recipe change as “very devastating.”

Spread on thick

While cutting corners has incensed at least one member of the PB cup dynasty, a new YouGov survey, conducted January 30 to February 1, reflects the strong feelings that many Americans have about the legume-based paste.

Indeed, 44% of US adults reported that they “love” peanut butter and a further 35% said they “like it,” making it the top-rated condiment overall — and, before you say what we’re all thinking, YouGov went out of its way to point out that it defined condiments “broadly” for the purposes of the survey.

Favorite condiments chart
Sherwood News

The top 5 was rounded out by some other unconventional “condiment” choices, including honey (40% love it) and chocolate sauce (33%). Predictably, hot sauce was the most divisive condiment in the survey, with almost the same share saying they hate it (27%) as love it (28%), even as sales of spicy food continue to soar in the US.

Ketchup, arguably the most ubiquitous table sauce, notched a 75% share of positive responses and was reported as being owned by the greatest share of Americans, at 84%. Not only that, but of the 22% of US adults who say they carry sauces outside the home, 40% said they were packing ketchup; hot sauce, meanwhile, was reportedly packed by far fewer sauce carriers, at just 22% (sorry, Beyoncé).

Whether you believe peanut butter qualifies as a condiment or not, the 17% of condiment-carrying Americans that are nuts enough about the spread to take it with them on the go — equivalent to about 4% of US adults overall — likely won’t care.

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Saleah Blancaflor

Prediction markets give slight edge to Netflix in Warner Bros. battle after eventful week

The ongoing bidding war between Paramount and Netflix for the acquisition of Warner Bros. Discovery had some significant news this week that could change the outcome:  

  • Things kicked off Tuesday, when WBD said in a statement it would resume talks with Paramount Skydance to consider its best and final offer after Netflix allowed a seven-day waiver. The WBD board continues to “unanimously recommend” the merger with Netflix, while the streaming service will retain its rights to match or exceed any forthcoming offer from Paramount. The negotiation period ends on February 23.

  • IndieWire reporter Brian Welk talked to a few experts about whether the new developments bring clarity to the ongoing bidding war. One professor said without Paramount offering its “best and final offer,” the company loses credibility, while another professor said it makes Netflix look even more confident. 

  • Lightshed Partners analyst Richard Greenfield said on his podcast that Paramount will have to raise its offer to as high as $36 to $37 per share. (The company has stuck to $30.) In comparison, Netflix’s initial offer is for $27.75 a share to buy the studio and streaming service, while Paramount is bidding to buy the whole company. 

  • Semafor reported Thursday morning that some Democratic senators are “unhappy” with the fact that Paramount Skydance CEO David Ellison refused to attend a hearing two weeks ago, and could launch an investigation into the deal if they retake the Senate.

  • Meanwhile, Reuters reported that Netflix has “ample cash” and could increase its offer for WBD if Paramount beefs up its own offer, according to sources. 

  • Netflix co-CEO Ted Sarandos recently appeared on a recent episode of “The Town with Matthew Belloni” to reiterate that he doesn’t plan on ruining WBD’s theatrical business model and promised to keep the 45-day theatrical window for WBD films, which could appease opposition from theater owners.

  • Variety reported that there’s been a shift among WBD employees who now support Netflix’s acquisition, though there’s still some skepticism among others.

WBD shareholders are still set to vote on the proposed Netflix merger next month, on March 20. Despite the renewed talks with Parmount, as of Friday at 12:45 p.m. ET, prediction markets speculating on who will ultimately come out on top have recently flipped to give the edge back to Netflix, pricing in a 46% chance over Paramount’s 44% odds. 

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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