From Aquaman on 'Shark Week' to a movie pricing fail, here's what's happening in entertainment.
AquaMomoa
Aquaman star Jason Momoa has a huge task at hand (Ed. note: fin) this week as Shark Week gets underway.
He's been tapped to take up hosting duties for Discovery's week-long extravaganza and it really is familiar territory for the actor. Being on screen is no big deal but he also has an affinity for the water that he said made taking the job an easy decision.
"My heart is in the ocean," Momoa told the Associated Press. "Doing 'Shark Week' is a no-brainer."
Momoa also revealed that before he turned to acting, he had a dream to become a marine biologist. Viewers will have tons of time to catch him on the small screen with more than 20 hours of new programming, which is slated to get underway on July 23.
Also, in Aquaman news, ahead of the sequel's release in December, Ben Affleck's scheduled cameo in the project has been axed. Affleck apparently reprised his role as Bruce Wayne and Batman, but an overhaul of the project has seen those scene snipped, according to The Hollywood Reporter.
Yesterday, we told you about a newly-served search warrant in Henderson, Nevada related to the investigation into the 1996 shooting death of rapper Tupac Shakur.
Now there is more information about what law enforcement officials were up to during the search. The home was linked to the uncle of a man who police long-suspected had some involvement in the shooting.
The Associated Press revealed that police went to a home linked to Duane "Keffe D" Davis, who apparently is a self-described gangster. His nephew, Orlando Anderson, was a known rival of Shakur and was a person of interest. Anderson died in 1998 in Compton, California in a gang shooting.
Among the items confiscated were cell phones, computers, documents related to a documentary, a Vibe magazine featuring Shakur and several .40 caliber bullets.
All Seats Same Price
Earlier this year AMC Theaters unveiled a plan to implement "Sightline" seating, which would charge customers based on their seat location in a theater. But the chain is walking back that plan.
Premium seats, which were located in the middle of each theater, would cost slightly more than others. "Cheap seats," according to AMC, would have been located at the very front rows. The plan received backlash on social media almost immediately.
The company apparently came to the decision to rollback sightline seating after running pilot program in various locations. "To ensure AMC's ticket prices remain competitive, the Sightline at AMC pilot program will come to an end at participating locations in the coming weeks, and the initiative will not rollout nationwide," AMC said in a press release.
AT&T announced earlier today it is spinning off its media properties in WarnerMedia in a merger with Discovery in a $43 billion deal.Scott Rostan, founder and CEO at Training The Street, joined Cheddar to talk about what the unwinding of the telecom giant's Time Warner media properties means for investors. "I think the investor sentiment is they're digesting the new information, and they're looking into the dividend, especially the reduction of the dividend," said Rostan, noting the transaction allows AT&T to focus on its core telecommunications business.
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.
