From a Grammy Award upgrade to the long wait for new Disney flicks, here's what's happening in entertainment.
McCartney Embraces AI
Paul McCartney, who is a 12-time Grammy award winner, raised a bunch of eyebrows by announcing he'll embrace artificial intelligence and plans to use the tech to create a new music for what he called "the final Beatles record."
He told the BBC that the late John Lennon would be part of the new song after AI was able to extract and recreate his voice from an old demo tape.
"We were able to take John's voice and get it pure through this AI so then we could mix the record as you would. It gives you some sort of leeway," McCartney said.
This isn't the singer's first project with AI. Last year at the Glastonbury Festival in England, McCartney performed a duet with an AI-rendered voice of Lennon titled I've Got A Feeling.
Grammy Changes
The Grammy Awards are expanding and are set to dole out even more trophies at future ceremonies.
The Recording Academy approved the addition of three new categories, including Best African Music Performance, Best Pop Dance Recording and Best Alternative Jazz Album.
"These changes reflect our commitment to actively listen and respond to the feedback from our music community, accurately represent a diverse range of relevant musical genres, and stay aligned with the ever-evolving musical landscape," Harvey Mason Jr., CEO of the Recording Academy, said in a statement.
Other changes could have implications on your favorite songwriters and producers. The Producer of the Year and Songwriter of the Year awards have been shifted to the general field, which allows all Grammy voters to decide on a winner rather than just members who practice the same crafts. The implications come in when those not familiar with specific genres cast votes contrary to what has already been deemed "best" by the general public: i.e. Macklemore's 2014 win for 'Best Rap Album.'
Pat Sajak's Exit
After 41 seasons as the host of Wheel of Fortune, 76-year-old Pat Sajak is calling it quits.
The iconic game-show host took to Twitter to break the news and said that the upcoming season would be his last.
"It's been a wonderful ride, and I'll have more to say in the coming months. Many thanks to you all. (If nothing else, it'll keep the clickbait sites busy!)," he wrote. The announcement comes just a few years after Sajak snatched the record of longest stand game-show host from the late Bob Barker, who hosted the iconic Price is Right for a staggering 35 years.
The rumor mill has already begun swirling as fans talk about who will replace Sajak. Ryan Seacrest, who has hosted American Idol since 2002, quickly emerged as a contender. Bloomberg reporter Lucas Shaw, who broke the news about Sajak's exit, reported that Seacrest "has been talking to the producers of Wheel of Fortune," and shared speculation that he could be the frontrunner replacement option.
Seacrest does have some time on his hands as he recently departed LIVE with Kelly and Ryan.
Disney Delays
We're beginning to see some of the first major implications of the ongoing Hollywood writers strike.
Disney has reworked the release dates for a slew of highly-anticipated projects as writers take to the picket lines, according to Deadline.
Perhaps the biggest shakeup are the changed release dates for the Marvel Cinematic Universe. Captain America: Brave New World, starring Anthony Mackie as Cap't, has been pushed back two months to July 2024, Fantastic Four is scheduled for release in May 2025, Avengers: Kang Dynasty is being held off for an additional year and will hit theaters in May 2026, and Avengers: Secret Wars will be released in May 2027.
Other Disney properties impacted by the strikes and delays include Star Wars, Moana, three Avatar films, and Alien.
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.
The EU relaxed its Covid travel restrictions for vaccinated individuals among the union's 27 member states, doing away with testing or quarantine requirements for travelers. This comes soon after the World Health Organization said the omicron variant could help make the pandemic more manageable. The new rules take effect February 1st. Bryce Conway, Founder, 10xTravel joined Cheddar's Opening Bell to discuss.
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.
