Culver City, California is stepping out of its Old Hollywood Legacy and into a New Hollywood renaissance.
As the legendary entertainment community works to keep up with the changes in how people enjoy film, Mayor Meghan Sahli-Wells told Cheddar, "We've gone from 'The Heart of Screenland' to 'The Heart of Streamland.'"
There was filming happening in the city before it was a city at all, and the renowned MGM studios brought fame to the area when it planted its roots there and began churning out classics nearly a century ago.
"Even though the kind of golden age of the MGM Studios with classic films we all know and love has kind of waned, almost 20 years ago Sony Pictures with Columbia Pictures kind of picked that up," Culver City Mayor Meghan Sahli-Wells said.
Beyond the big screen, Culver City studios have also taped some of TV's most beloved shows. And now the city is moving forward with the rest of the world, as it sees an influx of streaming companies. New streaming platforms are heading to where it all began, going back to the roots of the filmmaking industry. Mayor Sahli-Wells says over the next five years, more than 6,000 jobs will be moving to the city, too.
"Culver City is this great city," Mayor Sahli-Well said. "People want to live there. What we have now is a jobs and housing imbalance. We need to do more so that people aren't priced out."
The Mayor's focus is to figure out how to create affordable infrastructure that would allow people to actually work in the same city they live in.
"We have to find ways we can thrive together — at all ages — so that's what I'm really focused on," Mayor Sahli-Wells said.
Lawmakers grilled TikTok CEO Shou Zi Chew on Thursday in a high-stakes hearing on the future of the popular, Chinese-owned video sharing platform in the U.S.
Actress Lindsay Lohan appears at the Christian Siriano Fall/Winter 2023 fashion show in New York, Feb. 9, 2023. The Securities and Exchange Commission said Wednesday, March 22, that Lohan, rapper Akon and several other celebrities have agreed to pay tens of thousands of dollars to settle claims that they promoted crypto investments to their millions of social media followers without disclosing they were being paid to do so.
Cheddar News breaks down what to look for on The Day Ahead, as TikTok CEO is scheduled to testify before Congress on Thursday while earnings from General Mills and Darden Restaurants are on tap. Residential sales data for February is also scheduled to be released.
Virgin Orbit is reportedly in talks for a $200 million rescue plan and the company said in a regulatory filing that it plans to resume operations on Thursday.
Jack Daniels was at the U.S. Supreme Court today. The whiskey-makers argued that a dog toy company violated federal trademark law with a product that parodies the distiller's iconic bottle. The toy is the Bad Spaniels Silly Squeaker toy by VIP products. The first amendment case pits the rights of a famous trademark holder against parody products. Jack Daniel says the toy damages its reputation, especially the references to dog poop.
Alcohol brand White Claw is moving into spirits amid an industrywide shift away from hard seltzers. The spiked seltzer brand announced a new line of regular and flavored White Claw premium vodkas. The bottles are available in select markets across North America and come in an unflavored option as well as pineapple mango and black cherry white Claw has dominated the Heart Seltzer market for years. Now bringing the category into the mainstream as more consumers sought those low calorie alcohol drinks.
