Alec Baldwin is doubling down on his defense of Woody Allen in the wake of sexual assault allegations. Zimbio's Areeba Abid joins Cheddar to discuss why Hollywood can't decide whether "time's up" for the Oscar-winning director. Diane Keaton is also sticking by her former collaborator, while other stars are pledging to never work with him again. The Grammys posted historically low ratings for the 60th annual awards ceremony. Abid explains what she thinks the Recording Academy needs to do to turn things around. We also discuss Grammys President Neil Portnow's comments that women need to "step up" to be better represented next year. Finally, we hit on news that Tom Hanks will portray Mr. Rogers in an upcoming biopic. Abid says the move should put Hanks in contention for his first Oscar nomination since 2000. Despite being a Hollywood favorite, the actor hasn't had much luck with awards season in recent years.

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Universal Baby Registry Babylist Raises $40 Million Series C
Babylist, an online baby registry for expecting and new parents, recently raised $40 million a Series C round, bringing the company's total funding to $50 million. Babylist also operates as an e-commerce and content platform. The company says it aims to be a one-stop solution for first-time parents who don't know what they need to buy for their new child. Babylist also says it wants to expand to address the needs of the entire family. Babylist founder and CEO Natalie Gordon joins Cheddar News' Closing Bell to discuss.
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