The top names in entertainment, including such names as John Legend, Amy Adams, and LL Cool J, are hosting Zoom fundraisers through Richard Weitz's "Quarantunes" series to raise money for coronavirus frontline initiatives.
Hollywood agent Richard Weitz, a partner at WME, told Cheddar on Friday that the idea for the charitable musical series came from wanting to make his daughter’s birthday special amid the pandemic.
“I was throwing a surprise birthday for my daughter Demi who was turning 17, and I hired a piano player from Chicago named Dario Giraldo who played Redhead Piano Bar," Weitz said. "I wanted to organize some fun on Zoom for Demi and her friends.”
His daughter was actually the one who encouraged him to turn the concept into a fundraiser to help support those on the frontlines and others in need.
“From there we knew we had a platform and my dad kept doing it and it got a little more traction and he invited more friends," Demi Wietz told Cheddar. " I was like dad we need to raise money for the people in need right now, for charities, for organizations, for hospitals like we have this platform and we should do something with it, so we turned it into a charity benefit concert,”
The concert series, which streams over the videoconferencing platform, selects a different organization to support each week and has already raised almost $1 million to help aid workers on the frontlines
Last week, the Weitzes teamed up with Jake Wood, CEO and co-founder of Team Rubicon, a nonprofit that helps reintegrate veterans back into civilian life and already raised more than $500,000.
Woods said that the investment bank Goldman Sachs had been eager to support Team Rubicon’s efforts and during the Quarantunes event it donated almost $150,000 to the fundraiser.
“A couple weeks ago, a partner in the private wealth division at Goldman Sachs reached out to me and said, “Hey we’ve learned about this private concert series that’s going on and being hosted by this father-daughter duo in Los Angeles and we’d love to bring some of our clients into it and have the proceeds benefit Team Rubicon,’” he explained.
Team Rubicon has deployed more than 4,000 volunteers to the frontlines of the pandemic, staffing underfunded hospitals and running mobile testing clinics in major cities across the country.
Jim Huether, CEO of Hyperice, joins Cheddar to discuss Hyperice's new employee mental health initiative, known as the Workplace Alliance, with 100-plus companies to combat the ongoing mental health crisis and how they're taking a hands-on, data-driven approach to the mental health crisis.
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.
