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.
A 2021 report from UK Research and Innovation found that the shipping industry makes up at least 2.5 percent of the world's total CO2 emissions. It's a problem that energy solutions company, Leclanché, is trying to solve. Founded in 1909, the company has been developing and producing batteries for more than 100 years. Today, Leclanché's lithium-ion battery is used to electrify not just ships, but also railroad locomotives, trucks, and specialty vehicles. Cheddar News spoke with Pierre Blanc, chief technology and industrial officer of Leclanché, to discuss.
Amazon is betting that ammonia could be the fuel of the future, participating in a Series A round for the Brooklyn-based company Amogy in December. Amogy aims to de-carbonize transportation with a clean energy system that uses ammonia as a renewable fuel. Amogy is partnering with Amazon on its first commercial product - an ammonia-powered cargo-shipping vessel. Amogy CEO Seonghoon Woo joins Cheddar Climate to discuss.
One of the world's largest transport companies is kicking off Black History Month with a new initiative aimed at the next generation of business leaders. Today, FedEx announced the launch of its Student Ambassador Program. Participants selected from eight historically black colleges and universities will receive career guidance from FedEx executives. The program is part of FedEx's ongoing commitment to HBCUs and will also help the company expand its pipeline for diverse talent. Cheddar News welcomes senior vice president at FedEx, Jenny Robertson, and Jerryl Briggs, President of Mississippi Valley State University, to discuss.
"Sing 2" has overthrown "Spider-Man: No Way Home" as the number one film at the UK box office. The animated sequel brought in $8.1 million, in just its two first weekends. However, "No Way Home" is still on track to beat "Avatar" as the number one grossing movie of all time.
Big Brothers Big Sisters of America has been a driving force for youth mentorship since 1904. The nonprofit organization is launching its annual Big Draft campaign this month in partnership with the NFL, and Artis Stevens, the first Black CEO of Big Brothers Big Sisters of America, joined Cheddar to discuss the push for adding more "Bigs" as mentors on his one-year anniversary leading the non-profit organization. "While the NFL is recruiting and drafting more players, they're also helping us to draft more mentors and, particularly, men all the way from across February to all the way to April of this year," Stevens explained.
The Supreme Court will reconsider race-based affirmative action in college admissions. The court will examine admissions policies at Harvard University and The University of North Carolina Chapel Hill, which count the race of applicants as a factor in admissions. The court has upheld affirmative action policies in the past, saying it helps to create more diverse student bodies. However, the conservative Supreme Court could be skeptical and even possibly hostile to such policies. Nick Anderson, Higher Education Writer, Washington Post joined Cheddar's Opening Bell to discuss.
The value of most cryptocurrencies have plummeted in recent months since reaching all-time highs in November, wiping out more than $1 trillion in value globally. The steep crash has some talking about the possibility of a crypto winter, a term referring to a prolonged bearish period where asset prices persistently fall over many months. This all comes as the Fed is expected to raise interest rates, and the Biden administration is working on an executive order to regulate Bitcoin and other assets. Josh Goodbody, COO of Qredo, joined Cheddar's Opening Bell to discuss the crypto crash, and how the industry might recover from it.
Recent data reveals that streaming giants are struggling to retain subscribers in the months following a major release.
According to data from Antenna, subscriber trends show that users will subscribe to a given streaming service just to watch a particular show, and then cancel those subscriptions shortly after. This comes as the streaming space continues to heat up as new entrants crowd the space. Jon Christian, Founding Partner + Digital Supply Chain Leader at OnPrem joined Cheddar's Opening Bell to discuss.
The EU relaxed its Covid travel restrictions for vaccinated individuals among the union's 27 member states, doing away with testing or quarantine requirements for travelers. This comes soon after the World Health Organization said the omicron variant could help make the pandemic more manageable. The new rules take effect February 1st. Bryce Conway, Founder, 10xTravel joined Cheddar's Opening Bell to discuss.
