Frank Ocean attends The Metropolitan Museum of Art's Costume Institute benefit gala celebrating the opening of the "In America: An Anthology of Fashion" exhibition on May 2, 2022, in New York. (Photo by Evan Agostini/Invision/AP, File)
From a Coachella controversy to a comeback kid, here are your top entertainment headlines.
Frank Ocean Fallout
Frank Ocean has been feeling the backlash for his 2023 Coachella performance — or lack thereof in the opinion of some attendees — but now he's getting some uplifting support from Justin Bieber.
The Biebs took to Instagram to offer some kind words to his former Bigger collaborator and said he was "blown away" by the performance. "His artistry is simply unmatched, his style, his taste, his voice, his attention to detail… I was deeply moved. It made me want to keep going and get better as an artist. He continues to set the bar high and gave me a night I will never forget," he said.
Fans had not seen Ocean take to the stage in about six years so the hype around the set was high. The overall takeaway from his performance apparently was that it was low energy, lacked crowd engagement as he performed a significant portion of his set with his back turned to the crowd, and got started way too late.
Apparently the singer made a number of changes to the set just hours ahead of the live show, which was because he suffered an ankle injury, according to Rolling Stone. There is a chance that fans that plan to attend the Coachella festival this upcoming weekend will have a different experience as Ocean is slated to headline once again.
Writers Authorize Strike
Would you be able to cope if some of your favorite shows like Euphoria, Snowfall, or The Last of Us were delayed? Well, there is a possibility that scripted TV and films could experience a production stoppage.
The Writer's Guild of America, the union that represents TV and film writers, has voted to authorize a strike in an effort to pressure Hollywood into offering better contracts. Nearly 98 percent of its membership voted on it with their current three-year contracts coming to an end.
The union is looking to negotiate better pay, regulate the use of artificial intelligence, and standardize the compensation and residuals for feature scripts regardless of if they were released in theaters or sent directly to a streaming platform, among other demands.
Hamlin Cleared
For the first time since suffering cardiac arrest earlier this year, Buffalo Bills safety Damar Hamlin has been cleared to make his return to the football field. The star athlete was thrust frighteningly into the spotlight after collapsing in the middle of a game. Hamlin noted that experts agree the cardiac arrest resulted from commotio cordis, which occurs when the chest suffers a severe impact timed at the right moment of a heartbeat.
In an interview with ABC's Michael Strahan, Hamlin said he'd be making his way back to playing.
"Eventually. That's always the goal, but I'm allowing that to be in God's hands."
Hamlin was present at the Bills' offseason voluntary workouts on Monday, according to ESPN.
AT&T announced earlier today it is spinning off its media properties in WarnerMedia in a merger with Discovery in a $43 billion deal.Scott Rostan, founder and CEO at Training The Street, joined Cheddar to talk about what the unwinding of the telecom giant's Time Warner media properties means for investors. "I think the investor sentiment is they're digesting the new information, and they're looking into the dividend, especially the reduction of the dividend," said Rostan, noting the transaction allows AT&T to focus on its core telecommunications business.
A 2021 report from UK Research and Innovation found that the shipping industry makes up at least 2.5 percent of the world's total CO2 emissions. It's a problem that energy solutions company, Leclanché, is trying to solve. Founded in 1909, the company has been developing and producing batteries for more than 100 years. Today, Leclanché's lithium-ion battery is used to electrify not just ships, but also railroad locomotives, trucks, and specialty vehicles. Cheddar News spoke with Pierre Blanc, chief technology and industrial officer of Leclanché, to discuss.
Amazon is betting that ammonia could be the fuel of the future, participating in a Series A round for the Brooklyn-based company Amogy in December. Amogy aims to de-carbonize transportation with a clean energy system that uses ammonia as a renewable fuel. Amogy is partnering with Amazon on its first commercial product - an ammonia-powered cargo-shipping vessel. Amogy CEO Seonghoon Woo joins Cheddar Climate to discuss.
One of the world's largest transport companies is kicking off Black History Month with a new initiative aimed at the next generation of business leaders. Today, FedEx announced the launch of its Student Ambassador Program. Participants selected from eight historically black colleges and universities will receive career guidance from FedEx executives. The program is part of FedEx's ongoing commitment to HBCUs and will also help the company expand its pipeline for diverse talent. Cheddar News welcomes senior vice president at FedEx, Jenny Robertson, and Jerryl Briggs, President of Mississippi Valley State University, to discuss.
"Sing 2" has overthrown "Spider-Man: No Way Home" as the number one film at the UK box office. The animated sequel brought in $8.1 million, in just its two first weekends. However, "No Way Home" is still on track to beat "Avatar" as the number one grossing movie of all time.
Big Brothers Big Sisters of America has been a driving force for youth mentorship since 1904. The nonprofit organization is launching its annual Big Draft campaign this month in partnership with the NFL, and Artis Stevens, the first Black CEO of Big Brothers Big Sisters of America, joined Cheddar to discuss the push for adding more "Bigs" as mentors on his one-year anniversary leading the non-profit organization. "While the NFL is recruiting and drafting more players, they're also helping us to draft more mentors and, particularly, men all the way from across February to all the way to April of this year," Stevens explained.
The Supreme Court will reconsider race-based affirmative action in college admissions. The court will examine admissions policies at Harvard University and The University of North Carolina Chapel Hill, which count the race of applicants as a factor in admissions. The court has upheld affirmative action policies in the past, saying it helps to create more diverse student bodies. However, the conservative Supreme Court could be skeptical and even possibly hostile to such policies. Nick Anderson, Higher Education Writer, Washington Post joined Cheddar's Opening Bell to discuss.
The value of most cryptocurrencies have plummeted in recent months since reaching all-time highs in November, wiping out more than $1 trillion in value globally. The steep crash has some talking about the possibility of a crypto winter, a term referring to a prolonged bearish period where asset prices persistently fall over many months. This all comes as the Fed is expected to raise interest rates, and the Biden administration is working on an executive order to regulate Bitcoin and other assets. Josh Goodbody, COO of Qredo, joined Cheddar's Opening Bell to discuss the crypto crash, and how the industry might recover from it.
Recent data reveals that streaming giants are struggling to retain subscribers in the months following a major release.
According to data from Antenna, subscriber trends show that users will subscribe to a given streaming service just to watch a particular show, and then cancel those subscriptions shortly after. This comes as the streaming space continues to heat up as new entrants crowd the space. Jon Christian, Founding Partner + Digital Supply Chain Leader at OnPrem joined Cheddar's Opening Bell to discuss.
