Elton's Farewell
Elton John is ending his touring career with a bang! The Farewell Yellow Brick Road tour has officially become the highest-grossing concert tour ever. It first kicked off in 2018 and has since grossed $817.9 million after performing in 278 shows, according to Billboard. John surpassed Ed Sheeran's 2019 The Divide Tour, which raked in $776.4 million. But it's not over yet, as the shows will continue through July 2023.
Lil Wayne on Road
Also in touring news, Lil Wayne announced a slate of shows set for Spring 2023. The Welcome to Tha Carter tour is set to kick off in Minneapolis in April and will run through May with the final show in Los Angeles. The news comes days after the Recording Academy revealed that Wayne would be one of four recipients of its Global Impact Award at the 2023 Grammy Awards.
DC Cinematic Universe
The DC Universe is kicking it into high gear with a newly announced full slate of films and shows. DC Studios heads James Gunn, co-CEO with Peter Safran, unveiled the 10 projects in a new first chapter which he called "Gods and Monsters," with the titles being connected to each other in the same universe (unless otherwise labeled like Matt Reeves' The Batman). Some of the new titles revealed include the film Superman: Legacy, to be written by Gunn and slated for a July 2025 release, and TV projects Supergirl: Woman of Tomorrow and Lanterns.
CBD is the latest hot trend in wellness ー and Alkaline Water Company is jumping aboard with a new CBD-infused water.
"We just see that as a market we can take right onto, and glom onto," Alkaline Water Company CEO Ricky Wright told Cheddar on Tuesday. "We already have a lifestyle health product in alkaline water ー we see that as a natural extension."
Cannabis is about to experience its biggest year yet, according to the CEO of Vertical Wellness ー but 2020 promises even more growth for the industry. "2019 is going to be the biggest year in history, until we get to 2020," Smoke Wallin, CEO of Vertical Wellness, told Cheddar Tuesday. "When you're on an exponential growth curve, every year is going to be giant. But this year is going to be bigger than any year before."
When Lululemon ($LULU) almost single-handedly pushed the athleisure trend into the mainstream, it seemed a passing fad, at best, that regular consumers would spend upwards of $90 or $100 on workout clothes. But years later, Lulu is going strong and new entrants in the space are betting there's even more runway left in pricey nylon leggings. Vuori is one of those brands making a big bet that athleisure is not so much a trend as it is the future of casual wear.
"Love You to Death," a movie about a real-life case of Munchausen syndrome by proxy and matricide, is just the latest example of Lifetime's recent ventures into "grittier" stories for women, Academy Award Winning actress Marcia Gay Harden told Cheddar on Tuesday. "We are moving away from a docile type of portrayal of women and we're going deeper, we're going darker, we're going grittier, we're going into what really it is to be a woman ー and not the presentation of, or the idea of ー and I think Lifetime is right there with that," Harden said.
Dry -- or sober -- January has become an annual tradition for many, and beverage companies are taking notice. Some distilleries are starting to offer non-alcoholic distilled offerings, and more restaurants are expanding their non-alcoholic selections. Ad Age editor Brian Braiker talked to Cheddar about the why people's tastes are starting to change.
Slowing economic growth may spell disaster for some businesses, but travel booking site Kayak tends to see more business when times are tough. "When we enter a recession, prices come down and so, as a result, services like Kayak get used more frequently as consumers try to find those deals," Kayak CEO Steve Hafner told Cheddar on Tuesday. The International Monetary Fund on Monday downgraded its forecast for global economic growth, sparking fears of a global slowdown. But Hafner said Kayak managed to grow through the last major recession, and he feels good about its prospects moving forward. "It was a bad one, but we grew right through it and I suspect this would be no different than that," he said.
Cloud9 has been dubbed the most valuable esports company in the world by Forbes Magazine ー a title that is thanks, at least in part, to the organization's powerhouse VP of marketing, Eunice Chen. Chen is an esports vet who has worked for industry stalwart Riot Games and even runs her own tournament production company, Heroeshype. In an interview with Cheddar Sports, she said, "there are always different ways we can break into new markets in esports and beyond."
"Roma," director Alfonso Cuarón's black-and-white opus detailing life growing up in 1970s Mexico, delivered the first chance at a Best Picture statute for the streaming giant as nominations were announced Tuesday morning. Even if it doesn't win, the nomination marks a significant milestone for a company that has upended just about every aspect of the content and distribution model in Hollywood.
"The Good Place," NBC's beloved comedy that continually asks its characters to examine their morality while navigating the afterlife, boasts big-name cast members like Kristen Bell and Ted Danson. But it's actor William Jackson Harper, who plays the indecisive and anxiety-ridden Chidi Anagonye, who has captured fans' hearts ー and the heart of Bell's character, Eleanor Shellstop.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
