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The National Stadium in Tokyo during a media tour following its completion in December. Photo: Behrouz Mehri/AFP via Getty Images

After recent Olympics in Russia, South Korea and Brazil struggled with attendance, tickets to this summer's Tokyo Games, which open July 24, are selling like gangbusters.

Demand in the U.S.: Another batch of U.S.-market tickets were released yesterday after the previous batches in June, July and October all sold out within three hours. (Just checked online, almost every event is sold out).

  • Demand in Japan: "National pride also is spurring Japanese fans to fill seats and driving the sale of domestic Olympic sponsorships, which typically come with ticket allotments or the right to purchase tickets," per WSJ.

What they're saying:

"Tokyo 2020 continues to prove it is the most popular event of all time. Tickets for events like gymnastics and swimming are proving extremely difficult to obtain, even for veteran Olympic fans."
— Ken Hanscom, COO of TicketManager, tells Axios

In related news ... NBCUniversal formally unveiled its new streaming service, Peacock, to investors yesterday. There will be live sports (including Olympics coverage), and the service will be mostly free.

Go deeper

13 mins ago - Technology

Facebook seeks fountain of youth

Data: Piper Sandler Taking Stock With Teens Study; Chart: Axios Visuals

Facebook CEO Mark Zuckerberg on Monday said that the company is pivoting its strategy to focus on young adults, following reports that teens have fled its apps.

Why it matters: A series of stories based on leaked whistleblower documents suggest the company sees the aging of its user base as an existential threat to its business.

Too big to cover alone: Newsrooms team up

Illustration: Annelise Capossela/Axios

News outlets are increasingly willing to work together on big, multifaceted stories — including this week's reporting on leaked documents from a Facebook whistleblower.

Why it matters: Collaborative efforts help bring more resources to bear on complex stories, some of which require a global reporting effort. But they require high degrees of coordination, and competition can sometimes get in the way.

Axios-Ipsos poll: Confidence in Biden COVID recovery tumbles

Expand chart
Data: Axios/Ipsos poll; Chart: Kavya Beheraj/Axios

Confidence in President Biden's ability to rescue the economy from COVID-19 has dropped since January, even as Americans' faith rises in his ability to make the vaccine widely accessible, according to the latest installment of the Axios/Ipsos Coronavirus Index.

Why it matters: It's Democrats and independents driving the declining economic confidence, from 52% of all U.S. adults at the start of his presidency to 44% now. Their softening faith could hinder Biden's ability to lead and hurt Democrats' position heading into the 2022 midterms.