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.
Orangetheory Fitness is redefining the future of workouts with smarter tech, strength-based programming, and community-driven studios built for what’s next.
Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals. The consumer rights ministry announced the fine on Monday. The ministry stated that many listings lacked proper license numbers or included incorrect information. The move is part of Spain's ongoing efforts to regulate short-term rental companies amid a housing affordability crisis especially in popular urban areas. The ministry ordered Airbnb in May to remove around 65,000 listings for similar violations. The government's consumer rights minister emphasized the impact on families struggling with housing. Airbnb said it plans to challenge the fine in court.
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. iRobot said that it is being acquired by Picea through a court-supervised process. Picea is the company's primary contract manufacturer. The Bedford, Massachusetts-based anticipates completing the prepackaged chapter 11 process by February.
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.