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.
If you're in China you may have noticed that the 1999 film "Fight Club" which features Brad Pitt has somehow got itself a new ending. In the new ending on the streaming service Tencent, the narrator is killed and the explosions are replaced with a black screen saying "the police arrested criminals".It's unclear as to exactly why the changes were made. However, it is the latest example of China playing by its own rules when it comes to entertainment and attempting to control everything its citizens watch. Media Reporter at Axios, Sarah Fisher, joined Cheddar to discuss more.
Some of Tiktok's biggest stars have a message for the platform: It is time to pay up! As the platform has skyrocketed in popularity, many content creators have been given the opportunity to garner millions of fans and even sometimes billions of views. In 2020, the company launched a creator fund in order to incentivize the platform's users. However, while the group of creators has grown larger, the pool of money has remained the same, and creators are fed up, they claim as Tiktok becomes more successful. Senior Editor at Engadget, Karissa Bell, joined Cheddar to discuss more.
In 2021, QAnon, the community which traffics in conspiracy theories saw a rapid growth in its numbers. As a result of vaccine rollouts, a number of conspiracies surrounding them also began to circulate which then led to the rise of "Anti-Vaxxers". As a result, the QAnon and anti-vax communities have become increasingly intertwined and the results could be costing lives. Senior Researcher at Media Matters Alex Kaplan, joined Cheddar to discuss more.
Neil Young gave the streaming service Spotify an ultimatum demanding that his music be removed if the Joe Rogan experience remained on the platform. Joe Rogan's platform has been questioned a number of times as a result of some of his takes on covid treatment strategies and at times downright misinformation. Ultimately, Spotify decided to stick with Joe Rogan's podcast. The Director for the Business and Entertainment Program at American University, John Simson, joined Cheddar to discuss more.
Nutritional supplement beverage company Athletic Greens has achieved unicorn status. The company announced a new $115 million funding round, bringing its valuation to $1.2 billion. The company's flagship product AG1 combines 75 different vitamins, minerals, and other nutrients into one daily serving. Athletic Greens says it is poised to reach the millions of consumers who are currently driving the health and wellness market's exponential growth. Athletic Greens founder and CEO Chris Ashenden joins Cheddar News' Closing Bell to discuss.
Michael Mitchell, senior director of brand at Mailchimp, joins Cheddar News to discuss the launch of Bloom Season and what every BIPOC entrepreneur needs to know to succeed.
Janet Jackson shared that she had a conversation with Justin Timberlake who had asked her if he should make a statement during the scandal over her Super Bowl XXXVIII wardrobe malfunction, in her new self-titled Lifetime documentary. The musical icon said that she viewed the incident as an accident and remains "good friends" with Justin Timberlake.
The gaming industry has seen multiple large scales deals this month alone, including Microsoft's megadeal for Activision Blizzard. And, seemingly in response, rival Sony, picked up Bungie for $3.6 billion, a studio once owned by both Microsoft and Activision. The sector is reportedly on track to spend $150 billion on mergers and acquisitions just this year alone, a record-breaking total, according to investment firm Drake Star Partners. Michael Metzger, a partner at the firm specializing in technology, media, and communications, joined Cheddar to discuss the flurry of deals in the gaming space and what might be behind the hot M&A activity.
