The Weinstein Company sale is off the table yet again. YourTango's Rebecca Stokes joins Cheddar to discuss whether the deal is finally dead this time around. She explains why the investor group led by Maria Contreras-Sweet pulled its offer at the last minute.
Adult film star Stormy Daniels is suing President Trump. Stokes reveals why she's taking legal action, and when we may see her on a talk show in the near future. We also consider the significance of why this story isn't considered headline news.
Finally, the editor breaks down night two of the shocking "Bachelor" finale. Stokes says she thinks choosing Becca to star in the next season of "The Bachelorette" may be enough for the show to recover from fans' backlash. Despite the criticized finale, it posted season-high ratings for the reality stalwart.
The power of Black Twitter, the name given to a loose network of black Twitter users behind both viral memes and social campaigns, is the premise of "Power Star Live," a 30-minute show that will live stream every Wednesday on the social platform. Jessie Woo and co-host Xilla Valentine aim to dissect how the Twitter users influence pop culture.
It was an urgent warning from a group of professionals not known for a proclivity to scare the public. "In our risk averse industry, we cannot even calculate the level of risk currently at play, nor predict the point at which the entire system will break. It is unprecedented," the statement read in part. It was issued jointly on Wednesday, from the unions representing America's air-traffic controllers, pilots, and flight attendants.
The internet is moving away from an ad-based revenue system says Jack Conte, co-founder and CEO of Patreon, a platform that allows people to pay for access to exclusive content from digital creators. That trend is evidenced by the growth that Patreon saw in 2018, Conte said in an interview on Cheddar Wednesday, the same day the company announced it now has more than 3 million subscribers, or "patrons," with more than 100,000 creators on the platform. The company began 2018 with 2 million patrons supporting its content.
These are the headlines you Need 2 Know for Thursday, Jan. 24, 2019.
Wellness advisor Joyce Chang left her job as editor-in-chief of SELF Magazine to experience an "'Eat, Pray, Love' moment." After returning from her travels and talking to other high-achievers in her life Chang realized she wasn't alone in her quest for more happiness ー despite the perks of a high-powered job.
Michael Liebman caught the financial bug young. At the age of 13, he started trading stocks. At 15, he got a job as a bank teller, and started saving for retirement at 16. Now in his early 20s, Michael has teamed up with his sister Rebecca Liebman to co-found LearnLux, an enterprise company that aims to help workers achieve the kind of financial wellness he has been chasing throughout his young life.
The NBA is transparent about its approval of legalized, regulated sports betting ー but the league is also clearly communicating that it wants a fair share of the money wagered on its games. "It's our view that if state governments are going to be authorizing private entities, in most cases casinos, to generate significant revenue ー billions of dollars of revenue ー off of the NBA competitions, that the NBA participate in some way," said the NBA's head of fantasy and gaming Scott Kaufman-Ross.
It has become a hallmark of the modern millennial: Babies? Maybe later. Fur babies? Absolutely. Seven out of 10 members of the millennial generation own a pet at an average cost of around $1,000 per pet yearly. Given that pets are increasingly treated as family members, more animal owners want to insure them against accidents and illness. Indeed, the gross written premiums for pets in North America doubled ー from $575 million in 2013 to $1.15 billion in 2017, according to the National Association Pet Health Insurance Association. Whether that's a smart use of funds is another question.
The addition of Netflix to the exclusive Motion Picture Association of America on Tuesday is likely to prompt a shift in policy, both for the movie industry and for the streaming giant.
"Netflix ($NFLX) is going to shape the MPAA's agenda as much as the reverse," Eriq Gardner, a senior editor at The Hollywood Reporter, told Cheddar.
These are the headlines you Need 2 Know for Wednesday Jan. 23, 2019.
