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.
Home essentials maker Outlines announced its launch at the beginning of 2022, along with $1 million in pre-seed funding led by Social Impact Capital. Outlines says it is re-imagining how we keep our homes clean while also reducing plastic waste. The company's debut product, the Shower Liner System, is made of long-lasting materials, including easy-to-recycle plastic. Outlines co-founder and CEO Luke Young and co-founder and COO Megan Ceryanec joined Cheddar News' Closing Bell to discuss.
Simeon Siegel, managing director and senior analyst at BMO Capital Markets joins Cheddar News to discuss CNBC's report that Peloton plans to halt production, despite the company's CEO denying those claims.
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Jackie Rotman, founder and CEO of the Center for Intimacy Justice joins Cheddar News to talk about why Facebook is banning ads by companies targeting women's sexual health but not ads catered to men.
The NCAA has updated its policy on transgender athletes, allowing each sport’s national governing body to make its own decisions for transgender participation. The new rule is in line with recent changes from the U.S. and International Olympic and Paralympic Committees. Joanna Hoffman, communications director of Athlete Ally, joined Cheddar News to discuss the potential impact of the new rule on the transgender community.
"Saturday Night Live" alum Will Forte is hosting the late-night comedy show this weekend alongside musical guest, Måneskin. Forte, who spent a decade working on the iconic NBC show, is currently starring in "MacGruber," the SNL-sketch-turned-movie that is now streaming on Peacock as a tv series.
TikTok recently announced that it is testing a paid subscription model. The news comes days after Instagram publicized a similar service. TikTok has made $2.3 billion from in-app purchases, but mostly through tips, in 2021, showing that its users may be open to spending money on the platform.
The NCAA voted to streamline their constitution at their annual convention on Thursday. Each of the three college divisions can decide how student-athletes can make money from outside sources but still restricts schools from directly paying its players.
If you are looking for a new job, you might want to start looking in a different city. A new report from indeed reveals how certain metro areas are seeing faster growth in job openings than others. Economist at Indeed Hiring Lab AnnElizabeth Konkel, joined Cheddar to discuss more.
Netflix beat its earnings projections for Q4 — but the stock still plummeted as the streaming pioneer cut back on its forecast for future subscribers. Michael Robinson, the chief technology strategist at Money Map Press, joined Cheddar to discuss the report and what's driving the downward pressure on its shares. "It's the growth is really what's worrying people," he said. "'A' we have slowing economic growth, and 'B' we've got slowing growth for this company, as 'C' we have an increase in competition."
