From thoughtful sampling to a thoughtful documentary, here are the entertainment headlines
Diddy's Daily $5K Bill
How does paying $5,000 per day for anything sound to you? For Diddy, that's a reality he confirmed, and it's for one of his most notable projects. In 1997, when he and his Bad Boy labelmates collaborated on a tribute song for the fallen Notorious B.I.G. called I'll Be Missing You, he tapped Sting for a sample of his iconic 1983 hit, Every Breath You Take. The Police frontman offered up the classic to be chopped and sampled but for a staggering price. In a Tweet, Diddy cleared up rumors that he was on the hook for $2,000 a day, but it turned out that number was $3,000 shy of the actual price.
Diddy also indicated that there were no hard feelings toward Sting, and that the pair are actually friends.
Angel Reese, LSU, and the White House
The fallout from this year's NCAA women's championship game continues. Earlier this week, star forward Angel Reese rejected an invitation from the White House to celebrate the team's championship win. Reese cited first lady Jill Biden's invitation of the losing Iowa Hawkeyes as the reason for the rejection. "I just know if the roles were reversed, they would not be the same. If we were to lose, we wouldn't be invited to the White House," she said on the I Am Athlete podcast.
Dr. Biden and the White House have seemingly walked back the offer to the Iowa women's basketball team after press secretary Vanessa Valdivia said the Bidens looked forward to hosting the LSU Tigers. But despite Reese's stance on not accepting the invite, officials from LSU's athletic department have come out and said the school would "certainly accept an invitation."
Michael J. Fox's New Doc
Michael J. Fox isn't taking the easy way out by letting his Parkinson's disease dictate his life, the Back to the Future franchise star is swinging back. In a new documentary titled Still: A Michael J. Fox Movie, Fox confronts his diagnosis, the strain it placed on his life, and how he decided to push through against all odds. In the doc, he talks about his abuse of pills and alcohol in an attempt to escape the reality of what he was facing and how he came to be sober for nearly 30 years.
The documentary premiered at this year's SXSW festival but will hit Apple TV+ on May 12.
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.
March For Our Lives will be returning this weekend to Washington, DC, in the wake of the recent mass shooting seen throughout the country. Marchers include Yolanda Renee King, the only granddaughter of Martin Luther King Jr. She joined Cheddar News to discuss the importance of the march and activism in general. "I just think that it's so important to have these rallies because we need to demand to our leaders and politicians that they pass legislation and that and we actually need to see action," she said.
