Kevin Hart attends the 2023 Fanatics Super Bowl Party at Biltmore Hotel on February 11, 2023 in Phoenix, Arizona. (Photo by Jesse Grant/Getty Images)
From satellite radio deals to a streaming platform lawsuit, here's what's trending in entertainment today.
Kevin Hart Gets More Sirius
Comedian Kevin Hart and satellite radio company Sirius/XM announced that their partnership would get an extension. Hart, along with his Hartbeat entertainment company, signed a multi-year deal that will keep the comedian's Laugh Out Loud Radio station operating. "You're looking at a relationship that has evolved, that is growing and going in the right direction," Hart said to the Associated Press. " I think this is one where the hard work has been put into the growth of the station and the platform is just paying off."
Award Shows & Hosts
Actor and daytime TV host Drew Barrymore is taking her emceeing skills to a stage over at MTV. She's been tapped to host the MTV Movie & TV Awards 2023 at the Barker Hangar in Los Angeles. Barrymore made the announcement during a segment on The Drew Barrymore Show when she appeared as the menacing M3GAN doll. The awards ceremony is slated for May 7.
Meanwhile, rockstar Lenny Kravitz will host the iHeartRadio Music Awards 2023. The 10th annual show is just weeks away from kicking off at the Dolby Theater in Los Angeles. "I'm thrilled to host and perform at the 2023 iHeartRadio Music Awards to celebrate the best in music," Kravitz said in a statement. "As always, the show will feature some great surprises and unforgettable performances that music fans across the country won't want to miss." The show will get underway on March 27.
Making a Lawsuit
Remember the hit Netflix documentary Making a Murderer? Streaming in 2015, it told the story of Steven Avery's conviction and life sentence in the death of a 25-year-old online car marketplace photographer. The documentary explores the possibility that Avery was set up by local authorities, accusing them of planting evidence. A now-retired police sergeant who was involved in the case, Andrew Colborn, sued the streaming giant after saying he received "worldwide ridicule" over the series, but a federal judge has tossed the defamation filing stating that Colborn did not prove that the platform acted in malice.
Markets closed the day mixed, and well off their lows of the day following a market meltdown earlier in the session. The Nasdaq staged a comeback late in the day, even amid ongoing worries about the Federal Reserve raising interest rates. Doug Flynn, certified financial planner and co-founder of Flynn Zito Capito, joined Cheddar News' Closing Bell to discuss the markets' close and what's driving the major indexes.
Two companies recently announced a new partnership aimed at addressing the growing demand to borrow against crypto - digital assets capital markets firm CrossTower is partnering with commercial bank, BankProv. The companies are launching a crypto lending platform that will allow Bitcoin miners to receive loans to invest in crypto mining equipment. The companies say the program also addresses the difficulty of breaking into crypto mining due to the high cost. CrossTower research analyst Martin Gaspar joins Cheddar News' Closing Bell to discuss.
Next-gen social sports platform Break the Love recently raised $2.5 million in seed funding. Break the Love's platform and iOS app allows users to discover and book group-based tennis activities, to either learn, train, or compete. The new company has already gotten support from a few big names in the world of tennis, including the coach of Naomi Osaka, as well as the United States Tennis Association and the brand Wilson. Break the Love founder and CEO Trisha Goyal joins Cheddar News' Closing Bell to discuss.
As the Omicron variant continues to sweep across the country. The US Supreme Court is expected to hear arguments at the end of this week on whether or not the Biden administration can force private companies to vaccinate or test millions of their employees. In addition, the National Nurses United has spearheaded legal action to protect nurses and health care workers, patients, and the public while on the job. President of the National Nurses Union, Zenei Cortez, joined Cheddar to discuss more.
China's ongoing crackdown of its own entertainment industry has been raising eyebrows for once now. With the ruling Communist Party instructing media companies to boycott immoral and overly entertaining stars. But the country has gone even further. Now experts warn that this could lead to further issues such as gender-based violence. Professor at the Institute of Sociology at National Tsinghua University, Hsiu-Hua Shen, and Associate Professor of Politics at Keough School of Global Affairs at the University of Notre Dame Joshua Eisenman, joined Cheddar to discuss more.
Today marks one year since the January 6 Attack on the United States Capitol. The Country watched as supporters of then-President Trump stormed what was assumed to be the most secure building in the country in an attempt to stop the certification of the 2020 Election. Several lawmakers, including the Vice President, could be seen ducking down as they feared for their lives. Democratic Michigan Representative Dan Kildee, joined Cheddar to discuss more.
Bed Bath & Beyond delivered disappointing fiscal third-quarter results for 2022. Shares initially dove more than 9% in premarket trading on the news but finished the day up nearly 8%. Bed Bath & Beyond has been a meme-stock target for online investors in the past -- so was meme-stock mania a factor in the recent stock movement for the company? Jaime Rogozinski, the founder of the subreddit WallStreetBets, joins Cheddar News' Closing Bell for more, as his forum helped spark the meme stock phenomena. He also discussed some decentralized finance services and trends for the retail investor to watch for in 2022.
Digital medical care provider Pear Therapeutics rang the closing bell on the Nasdaq Friday and President and CEO Dr. Corey McCann, joined Cheddar to talk about how the company plans to grow the business of software-based therapeutics and how the first FDA authorized prescription digital therapeutics company will go about treating illnesses like insomnia and addiction. "These really are pieces of software. In many cases, they're apps and in the cases of our addiction products, these are based on something called cognitive behavioral therapy or CBT," he said. "These products change the patient's brain circuitry to help them be abstinent, to help them stay in treatment, and that's exactly what we see in randomized clinical trials and that's what we see in the real world." He also addressed the ongoing mental health crises brought on by the pandemic. **copy updated to remove IPO information as Pear Therapeutics went public in December**
James Tattersall, director of sales and marketing for Lake Nona Wave Hotel, talks about the hotel's initiatives to foster diversity and how these amenities champion inclusivity in the Orlando area.
