Coolio performs at Riot Fest in Douglass Park on September 18, 2022 in Chicago, Illinois. (Photo by Barry Brecheisen/WireImage)
Posthumous Coolio Album
When the late rapper Coolio died suddenly in 2022, he had a new album in the works. Now that project, titled Long Live Coolio, is set to be released posthumously later this year with guest appearances from Ras Kass, Treach from Naughty By Nature and J-Dee from Da Lench Mob. The 11-track album is being pitched as a celebration of the legendary rapper's career, which took off in the 1990s with classic hits such as “Gangsta’s Paradise” and “Fantastic Voyage."
Southbox Raises $80 Million
The Atlanta-based media company Southbox Entertainment has raised a total of $80 million to greenlight new movie and TV projects, according to Deadline. The fundraising could have big implications for the industry, as the company is promising to spend a good portion on independent films with budgets of $5 million to $35 million. It's also likely that many of the projects will be developed in Georgia, where tax credits have helped spur a boom in production.
Sarah Silverman Sues OpenAI
Comedian Sarah Silverman is joining a class-action lawsuit against OpenAI and Meta alleging that both companies' large language models were trained using illegally-acquired data sets containing her work. Specifically, the suit claims that the companies tapped so-called “shadow library” websites such as Bibliotik, Library Genesis, Z-Library, which featured Silverman's copyright-protected work. Authors Christopher Golden and Richard Kadrey are also joining the lawsuit.
'Blacklist' Finale
The NBC show The Blacklist is ending its 10-year run with a two-hour-long finale. Star James Spader, who plays Raymond “Red” Reddington, told AP News the cast was grateful for the chance to take their time saying goodbye. He also noted that the show, which was mostly shot in New York City, went overseas to Spain for the finale.
Jim Huether, CEO of Hyperice, joins Cheddar to discuss Hyperice's new employee mental health initiative, known as the Workplace Alliance, with 100-plus companies to combat the ongoing mental health crisis and how they're taking a hands-on, data-driven approach to the mental health crisis.
Spotify has announced its official Songs of the Summer predictions. Lea Palmieri, a Spotify trend expert and podcast host, joined Cheddar News to break down the acts who made the cut and how. “It's a mix of streaming data charts and also our global curation team," she said. "They're keeping an eye on all of the hottest music." While Harry Styles has recently topped the Spotify charts, Palmieri also addressed the "Feral Girl Summer" trend, which she described as going "moderately wild, having fun, enjoying yourself."
Catching you up on today's top entertainment stories with a recap from the 75th Annual Tony Awards, including red carpet interviews and Jennifer Hudson receiving her EGOT, and "Jurassic World: Dominion" topping the box office.
The Tony Awards made its sensational return to Radio City Music Hal for the first time since 2019. 'A Strange Loop' stole the show, winning Best Musical while Adrianna Debose hosted in the most spectacular way possible. Cheddar News was joined by Broadway Reporter Leigh Scheps to break down the 75th Annual Tony Awards.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
Auction house Christie's will be presenting "Legacy of the GOAT," which will include a rare Michael Jordan signed rookie card and sneakers. Caitlin Donovan, the vice president of Christie's handbags and accessories department. joined Cheddar News to discuss the special memorabilia selection for the NBA great. "He's been a global phenomenon, so he's really shaped '90s culture and streetwear culture," she said. "And we see bidders from every pocket in the world."
Kona Brewing Co., pro surfer Anna Gudauskus, and surf photographer Sarah Lee are embarking on an 1,500+ mile beach cleanup down the East Coast. Gudauskus and Lee join Cheddar News to discuss the initiative.
