Paramount Global is exploring the sale of BET Media Group and VH1, according to The Wall Street Journal, as it focuses on its streaming platform.
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Pinterest Elevates Program to Uplift Business Owners for Women’s History Month
Image-sharing social media platform Pinterest is marking Women's History Month through its Pinterest Elevates program, designed to help grow 10 underrepresented businesses with monetary and strategic support. Alise Marshall, senior global lead for public affairs at Pinterest, joined Cheddar News to explain how the program is helping to uplift women and women of color with businesses of their own. “This was in response to issues that we saw happening in the community, and ways that we thought that we were uniquely positioned to respond," she said.
How the Fed Interest Rate Hikes Will Impact Consumers
As the Federal Reserve kicks off a two-day meeting, analysts expect that a rate hike to help curb rising inflation will finally be announced. Greg McBride, the chief financial analyst at Bankrate, joined Cheddar News to explain what this could mean for your wallet. "This is the beginning. This is not a one-and-done. This is the start of a series of interest rate hikes that we're going to see over the course of the next year or two, and there's a cumulative effect here as it pertains to the pocketbook," he said.
Motion Picture Association Says Streaming Surge Anchoring Film Industry’s Post Pandemic Recovery
A new report from the Motion Picture Association highlights how the popularity of streaming services has helped the film industry recover from the pandemic. Matthew Belloni, the host of "The Town" podcast and founding partner of Puck News, joined Cheddar News to discuss the impact of streaming on Hollywood. "For all but the largest tent-pole style blockbuster movies, the future probably is streaming," he said.
Barstool Sports CEO Erika Nardini on Preparing for March Madness
Erika Nardini, CEO of Barstool Sports, joined Cheddar News senior reporter, Michelle Castillo at South by Southwest to talk about Barstool Sportsbook and the NCAA March Madness tournaments. "What we really believe is that there's going to be the next generation of sports bettor, [who] will follow sports the way Barstool Sports follow sports," she said. "They'll like winners. They'll like losers. They'll like the storylines. They'll like the drama with the fans.”
AMC Buys Major Stake in Gold and Silver Mining Company
The movie theater chain and meme stock, AMC, bought a major share of Hycroft Mining Holding. The transaction makes AMC a 22 percent owner of the gold and silver mining company.
Bid Underway to Refloat Cargo Ship Aground in Chesapeake Bay
Efforts were underway Monday to refloat a container vessel that ran aground in the Maryland portion of the Chesapeake Bay, the U.S. Coast Guard said.
Cheddar Afternoon Google News Briefings of March 15th
Cheddar Afternoon Google News Briefings
Afternoon Alexa Flash Briefings of March 15th
Alexa Flash Briefings
Twitter Rolls Back Maligned 'Home' Timeline Change
Twitter is pulling back its latest change after receiving major pushback from users. The feature pushed the user timeline experience onto a "home" feed that used individualized algorithms for displaying tweets rather than posting them in chronological order.
