Music has some new royalty after the Rock and Roll Hall of Fame announced its new class of inductees Wednesday, including four first-time nominees like Whitney Houston and Notorious B.I.G.
John Goehrke, the Hall of Fame’s Director of Fan Engagement, told Cheddar this class of inductees “celebrates the diversity of Rock and Roll.” In addition to Houston and Biggie, the Doobie Brothers, Depeche Mode, Nine Inch Nails and T. Rex join the prestigious club.
“I think it's a very diverse class of inductees, which, to us, is awesome because rock and roll has never been one thing. It’s always been more about the spirit and an attitude than about the music sounds, the way an artist looks,” said Goehrke.
Artists become eligible for admission 25 years after the release of their first records. Ballots are sent to more than 1,000 artists, scholars, current living Inductees, and members of the music industry. An artist’s influence on other artists, the length of their career, and their musical impact are all factors taken into consideration when voting for a new class of inductees.
This year, the Hall of Fame also received more than 8.2 million votes from the official Fan Vote, an increase from the 3.3 million votes it got in 2018. Despite the outpouring (especially for Dave Matthews Band fans), the top five Fan Vote-getters comprise a single “fans’ ballot” which get counted along with the thousand others.
There were 16 nominees this year, and for those fans whose idols didn’t land on top, Goehrke noted there is no expiration date. “If you feel a little disappointed today, that’s okay. Hopefully, next year, or the year after, will be your year,” Goehrke said.
This year’s induction ceremony will be held on Saturday, May 2 in Cleveland. For those not lucky enough to get a ticket, it will also be available to watch on HBO.
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.