With Cryptocurrencies And NFTs Continuing To Boom, Financial Regulators Are Clamping Down – Technology

Endorsements, Sponsorships & Investments

The
Rise of the Celebrity Beauty Brand

September 9, 2021 via Highsnobiety

Skincare and beauty have been around for decades – centuries,
even – with millions of brands making products all over the
world. With an industry valued at $511 billion in 2021, more people
are starting to see money-making opportunities – especially
celebrities. Earlier this week, tennis player Naomi Osaka revealed
her new label KINLÒ – a range of sun care products
specifically designed for melanated skin.

Stephen Curry and Tom Brady Join Cryptocurrency Exchange
FTX

September 8, 2021 via TechStory

Stephen Curry and Tom Brady have teamed up once more, this time to
support the cryptocurrency exchange FTX. With the announcement of a
long-term relationship on Tuesday, Brady, who can be seen most days
on television advertisements with Curry promoting Subway
sandwiches, was joined as an “ambassador” by the Golden
State Warriors Guard.

U.S.SEC Warns Public of Crypto Scams and ICOs

September 8, 2021 via CryptoSlate

Crypto frauds are on the rise, according to the U.S. Securities and
Exchange Commission’s (SEC) Office of Investor Education and
Advocacy (OIEA) and Division of Enforcement’s Retail Strategy
Task Force (RSTF). In its recently published investor alert, the
regulator broke down some of the most obvious warning signs of
crypto scams.

Jay-Z’s Champagne, Post Malone’s Rosé Among List of
Best-Selling Celebrity Alcohol Releases

September 8, 2021 via Register Citizen

Drizly’s latest stats also include actor Nick Offerman’s
scotch whisky and Kendall Jenner’s tequila among the top
celebrity launches of 2021.

Looks Like Kanye West’s New Brand Will Be Competing With Kim
Kardashian

September 6, 2021 via CINEMABLEND

In recent years, Kanye West has concentrated on expanding his brand
outside of his celebrated music career. His results have been
fruitful so far with a successful shoe brand and a booming design
firm. But West’s latest business move may put him in direct
competition with his estranged wife Kim. According to E! News,
Kanye West will be entering the home décor space.

The Cannabis Industry Has a Big Problem.
Kanye’s Manager Just Joined a Company Fixing
It

September 4, 2021 via Forbes (subscription may be
required)

Just 3 percent of the cannabis industry’s market share is
currently owned by Black people. Village is a national conglomerate
fighting for equity for Black-owned brands, and Kanye West’s
manager, John Monopoly, just joined the team.

Highest-Paid NFL Players 2021: Two Star Quarterbacks Post Records
On and Off the Field

September 3, 2021 via Forbes – Business (subscription may
be required)

With the regular season set to kick off Thursday, a record signing
bonus and hefty endorsement deals have helped football’s top
stars cash in mightily despite a free-agency clamp-down.

Film & TV

The Roku Channel Inks Deal for Big ‘Zoey’s Extraordinary
Playlist’ Holiday TV Movie

September 8, 2021 via CGMagazine

Roku, Inc. and global content leader Lionsgate today announced that
an all-new feature-length Roku Channel film based on
Emmy®-winning show Zoey’s Extraordinary Playlist will
debut on The Roku Channel this holiday season.

Redbox Picks Up Rights to Morgan Freeman & Cole Hauser Action
Movie ‘Muti’

September 8, 2021 via Yahoo! News

Redbox Entertainment has picked up North American distribution
rights to “Muti,” the action-thriller starring Oscar
winner Morgan Freeman (Million Dollar Baby) and Yellowstone star
Cole Hauser.

Drake to Collaborate With ESPN on Monday Night Football
Music

September 7, 2021 via Sportico – Business (subscription
may be required)

Just a couple of weeks after Drake cryptically revealed the release
date of his new “Certified Lover Boy” album on
ESPN’s flagship program “SportsCenter,” the
network has announced that it will work with the superstar rapper
throughout the entire NFL season to curate music for select Monday
Night Football games.

Ozy Studios Inks Development Deals With Trio of Transgender
Talent

September 7, 2021 via Deadline – Hollywood Breaking
News

Ozy Studios inked development deals with three breakthrough
transgender artists. They include Puerto Rican chef Paxx Caraballo
Moll, Alabama-based activist Dan Eggers and model Rosalynne
Montoya.

Tottenham Hotspur Teams With Sky on World’s First Net Zero
Carbon Soccer Match – Global Bulletin

September 6, 2021 via Variety

SOCCER Sky and London’s Tottenham Hotspur, featured in the
2020 edition of Amazon Prime Video’s hit “All or
Nothing” documentary series, will work together to make the
club’s Sept. 19 fixture against London rivals Chelsea
Football Club the world’s first net zero carbon major soccer
match, ahead of next month’s UN COP26 Climate Change
Conference in Glasgow.

Kevin Hart and Rich Paul to Produce Bishop Sycamore
Docudrama

September 3, 2021 via Sportico – Business (subscription
may be required0

Deadline reports that Kevin Hart’s HartBeat Productions is
teaming up with youth entertainment company Complex Networks,
Klutch Originals and Haven Entertainment on what they say will be
the definitive documentary series on one the wildest sports tale of
2021: the story of Bishop Sycamore High School’s football
team.

BBC’s Joan Collins Documentary Scooped by Abacus Media Rights
– Global Bulletin

September 3, 2021 via Variety

ACQUISITION Abacus Media Rights (AMR) has picked up global
distribution rights to BBC Two’s Joan Collins documentary,
produced by Salon Pictures and commissioned by Mark Bell at BBC
Arts.

Music Biz

Drake’s Certified Lover Boy, Spotify, and
the Destruction of the All-Dominant Streaming
Superstar

September 8, 2021 via Music Business Worldwide

The MBW Review is where we aim our microscope towards some of the
music biz’s biggest recent goings-on. This time, we crunch
the numbers of Drake’s record-breaking release versus his
last record-breaking release…and ponder what it all means
for the fan-artist relationship.

UK Competition Watchdog Expresses
‘Significant’ Concerns With Sony Music’s AWAL
Purchase, Prepares ‘In-Depth Phase 2
Investigation’

September 7, 2021 via Digital Music News

Back in May, the UK’s Competition and Markets Authority (CMA)
began investigating Sony Music Entertainment’s $430 million
buyout of Kobalt-owned AWAL. Now, the government agency has
outlined a number of “competition concerns” and given
the Big Three record label five days to address the potential
hang-ups before the investigation enters a new phase.

YouTube is Free. But 50 Million People Pay for It
Anyways

September 5, 2021 via Bloomberg – Top Stories (subscription may
be required)

Four years ago, I sat next to music mogul Lyor Cohen in Austin,
Texas at the annual South by Southwest festival to discuss
YouTube’s plans for a new paid music service. I really only had
one question. How was YouTube going to get anyone to pay to use a
product they already get for free?

Latrobe dDad, Daughter Develop Song Texting App for iPhone
Users

September 3, 2021 via Pittsburgh Tribune Review – Top Stories
(Pittsburgh, Pennsylvania)

If you’re tired of texting words, photos and GIFs, a Latrobe
father and daughter are hoping you’ll try a new app they
developed that sends song clips. Lyritext launched Sept. 1 in the
Apple App Store, offering brief clips from a catalog of more than
100,000 songs in numerous genres, from golden oldies to current
sounds, from American artists and others around the world.

Non-Fungible Tokens (NFTs)

Green NFT Platform ‘OneOf’ Partners With Coinbase, Doja
Cat

September 8, 2021 via Yahoo Finance – Top Stories

OneOf, a “green” music-focused non-fungible token (NFT)
platform on the Tezos blockchain, released the first drop of
rapper/singer Doja Cat’s genesis NFT collection, “Planet
Doja” Wednesday. OneOf has also partnered with Coinbase to
allow fans to purchase Doja NFTs with credit cards in addition to
cryptocurrencies.

Rarible DAO Demos Programmable NFT Royalties Smart
Contracts

September 8, 2021 via Yahoo Finance – Top Stories

Content creators and artists will likely be pleased with the news
that there is now a solution for maintaining royalties on
non-fungible tokens (NFT) even when a piece is sold on secondary
markets. Rarible DAO has unveiled a system that allows royalties to
be programmed directly into the smart contract for non-fungible
tokens. Content creators can still receive royalties every time
their work is resold.

NFT Survey With Over 40,000 Respondents Indicates Americans Trust
NFT Investments More Than Britons

September 8, 2021 via Crypto News Australia – Top Stories
Worldwide

In 2021, two very distinct crypto trends stood out which include
non-fungible token (NFT) assets and decentralized finance (defi),
as billions of dollars in crypto has flooded into these sectors. On
September 7, Piplsay, a global consumer research platform, polled
30,870 Americans and 9,170 Britons to get some insight on what
consumers think about NFTs today. According to the survey, 48
percentof American respondents think NFTs are a good and safe
investment.

Investors Need More Than Regulators for
Protection

September 7, 2021 via Washington Post – Top Stories
(subscription may be required)

If financial regulators want to continue protecting investors as
new technologies like cryptocurrencies and non-fungible tokens
proliferate, they’ll need to give investors the tools to
protect themselves.

NFTs Are the New Status Symbol for Athletes

September 7, 2021 via BitcoinerX

NFT assets are one of the fastest-rising digital assets this year,
with celebrity endorsements and high-profile personalities
venturing into these assets. NFTs have become one of the most
sought-after status symbols of athletes today because aside from
being rare, they are also expensive assets.

The Dream Hollywood Hotel Hops on the NFT Trend

September 6, 2021 via Forbes – Business

Hollywood, California is obviously no stranger to cutting-edge
nightlife. So when the Dream Hotel opened in this famously vibrant
section of Los Angeles five years ago, it needed to come correct.
This took the form of diverse lounge and leisure options
accompanying its 178 stylish guest rooms.

Dale Steyn Releasing Limited Edition NFT
Collectibles

September 6, 2021 via MyBroadband News

South African pace bowler Dale Steyn announced on Monday that he is
releasing a set of non-fungible tokens (NFTs) on the OpenSea
platform.

Remember NFTs? They’re back, big time

September 5, 2021 via CNN – Business

Plenty of ink was spilled earlier this year when investors,
hobbyists and art enthusiasts started frantically buying up
non-fungible tokens, or NFTs, in another crypto world craze.

Ether Biefly Tops $4,000 as Upgrade, NFT Momentum Gathers
Pace

September 4, 2021 via Bloomberg – Top Stories (subscription may
be required)

Ether briefly rose above $4,000 late Friday amid a month long surge
around a major upgrade, and as demand for non-fungible tokens
continues to widen.

Direct-to-Fan NFT Social Network Momento Announces
New Partnership with Dapper Labs

September 3, 2021 via MENAFN – Top Stories

Momento has partnered with Dapper Labs, the creators of NBA Top
Shot and CryptoKitties, to create the first direct-to-fan social
media experience.

NFTs Boom Anew as DOG Coin Becomes $550 Million Asset
Overnight

September 3, 2021 via Bloomberg – News (subscription may
be required)

The frenzy for digital artwork is breaking new ground as one of the
Internet’s best-known memes gets turned into a near $550
million asset overnight. The DOG coin —a fraction of the NFT
depicting the famous Doge meme — has doubled in value in less than
24 hours.

New NFT by Artist Bitfried Features Kanye West as Jesus, Picasso
Style

September 3, 2021 via Kane Republican Online (Kane,
Pennsylvania)

Crypto By Design announced the latest NFT entitled Lord Kanye.
Featuring Kanye West as Jesus Christ in the style of Picasso, the
NFT is now up on Mintable.app with the auction ending September
9.

Right of Publicity

Alabama QB Bryce Young to Host Podcast for Cowherd’s The
Volume

September 8, 2021 via Sportico – Business (subscription
may be required)

On Saturdays this fall, University of Alabama quarterback Bryce
Young will lead the Crimson Tide as they vie for yet another
national title. But on Tuesdays this season, Young will have
another role: podcast host.. As part of a deal the quarterback
signed with Colin Cowherd and iHeartRadio’s The Volume
podcast network, Young will talk college football each week on The
Bryce Young Podcast alongside Jake Crain, host of The
Volume’s Jboy Show, according to The Hollywood Reporter.

Sac State Athletes Sport New Sponsorships

September 5, 2021 via Cal-State Hornet News

As of July 1, 2021, the NCAA has suspended its policy that
previously prevented student-athletes from monetizing their own
name, image and likeness (NIL) in licensing agreements,
endorsements and sponsorships. Now, collegiate athlete participants
can financially benefit from their NIL in a commercial and
promotional context. Whether it’s University of Oklahoma
quarterback Spencer Rattler who inked a deal with Raising Canes, or
Fresno State basketball guards Hailey and Hana Cavider who
partnered with Boost Mobile after achieving fame on TikTok, the NIL
policy is allowing athletes to cash in nationwide — even
right here at Sacramento State.

U.S. Tourism Brands Take Quick Advantage of New Rules to Sign Elite
College Athletes to Endorsement Deals

September 3, 2021 via Skift Travel News (subscription may be
required)

When the National Collegiate Athletic Association announced on June
30 that all athletes under its umbrella would be permitted on the
very next day to receive benefits based off of their “name,
image and likeness,” the floodgates opened for collegiate
athletes in the United States to finally earn money based on their
status as student-athletes. Not surprisingly, several companies
wasted little time in inking so-called NIL deals with elite NCAA
athletes — including a growing number in the travel
industry.

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