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Welcome back to the spotlight. It’s officially summer, and life is easy…or at least (in theory) it should be when you’re living in the (ahem…) spotlight. But with great star power comes great responsibility (Sidebar: I’m pretty sure this is the only time today you’ll read a reference to “Porgy and Bess” followed by “Spider-Man”). That’s the lesson the NBA is trying to teach All-Star Ja Morant, who has been handed a 25-game suspension at least twice for flashing a gun on social media (the first such incident resulted in a six-game suspension). Morant, whose talent has been lauded by the league for appealing to a younger generation of basketball fans like superstars like LeBron James, now finds himself in a precarious position with the league and his endorsement partners. While none of Morant’s contracts appear to have been terminated, another mistake could bring Morant back down to earth — a cautionary tale for public figures in the age of social media and this year’s NBA draft. Classes should be wise to know this. record.
- NBC’s streaming service, Peacock, has won the naming rights to the Los Angeles theater where the Emmy Awards are held. People might think the name is clever and that it signifies a place to show off and be seen, but I think it’s just poultry.
- YouTube has announced that each subscription will allow unlimited simultaneous live streams as part of this year’s first season of NFL Sunday Ticket programming. Cord cutters and cat video fans will no doubt be delighted to be able to watch Week 5 between the Panthers and Lions.
- AI, machine learning music platform WAVS.AI, which made a wav(e) to play an AI-generated fake Drake song “Heart on My Sleeve,” has raised $20 million. The company will use a few hundred dollars of that to buy a companion (microwave oven) for its artificial intelligence machines, and the rest will go toward paying the company’s legal costs.
- Recording artist INFJ Kenzo has signed a $60 million debut record deal with an Israeli investment company. Maybe I’m getting old, but that’s a lot of money for someone I only heard about five minutes ago.
Endorsement deals, sponsorships and investments
Aaron Rodgers’ Online Sports Database Crowdfunds $1.25M
June 20, 2023 through sports
Cheers! Celebrities continue to ramp up alcohol brand endorsements
June 19, 2023 via Forbes
From organizational offense to dealmaking
June 16, 2023 via Charlotte Business Journal
The NCAA wants more money from TV shows. Getting the most out of this can be tricky.
June 16, 2023 via The New York Times
Orlando Mojitos Ultra Lounge sued for allegedly playing music without permission
June 16, 2023 via business magazine
Tampa Bay Lightning sells stake in NHL at record $1.4B valuation
June 15, 2023 through sports
PGA Tour, LIV Golf Merger Receives U.S. Antitrust Scrutiny
June 15, 2023 through sports
NIL nonprofit collective faces tax code issues: They’re not a nonprofit
June 15, 2023 through sports
sporty
TikTok is under siege, sports brands have different strategies
June 21, 2023 through sports
Gordon: NBA might expand to Las Vegas next
June 20, 2023 From the Las Vegas Review-Journal
Professional Shredder Shred-it® and Tony Hawk Team Up to Raise Consumer Awareness of Fraud and Identity Theft
June 20, 2023 via PR Newswire
How the Home Office could make it easier for English football to sign foreign youngstersJune 16, 2023 through the city am
Ja Morant suspended 25 games by NBA after second gun incident on social media
June 16, 2023 via KUSA.com
Here’s how the Kansas City Royals CBD Hotel came to be and what’s next for Kaufman Stadium
June 15, 2023 via kansas city star
music business
ArtistVerified outlines how having a digital identity can re-establish authentic connections between music artists and fans
June 20, 2023 via NBC4i.com
Top 10 Hit Producer INFJ Kenzo Signs $60,000,000 Recording Contract
June 19, 2023 via newswire
Business beyond the game: McMoore on Adidas deal, NBA return to Seattle
June 16, 2023 through sports
film and tv
Superstar TV creator Ryan Murphy is ditching nine-figure Netflix deal to join Disney
June 20, 2023 via the Daily Mail
The ‘Napoleon Dynamite’ cast finally returns. You can thank NFTs
June 19, 2023 via Crypto News Australia
‘Batman: The Brave and the Bold’ To Direct Andy Muschietti; Signs Warner Bros. First Purchase Agreement
June 16, 2023 by deadline
Peacock Inks Naming Rights Deal With Downtown Los Angeles Emmy Awards Site
June 15, 2023 via ABC News
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