Welcome back to the second to last (or penultimate, which is also the name I have given my favorite writing utensil) Spotlight of 2022! That’s right, I’ll be back next week to put a shining bow on the year that was, and then I’m off for the remainder of the holiday season. Lest you forget between hearing the seemingly ubiquitous jingling of bells beside a Salvation Army kettle, watching a marathon of different Hallmark Channel movies that are somehow all the same and suddenly having event plans that require more travel time than the amount of time spent at the event itself (bah humbug!). But don’t panic now, there is still plenty of time to get some last minutelast-minute shopping (and reading) accomplished. Need gift ideas? You’ve come to the wrong place. All I can tell you is what is likely an unpopular (digital) stocking stuffer this year, as compared to years past: NFTs and cryptocurrencies. I suppose that in light of recent lawsuits (related to EthereumMax and Yuga Labs’ Bored Ape Yacht Club) brought by strangers who have decided to stake their finances on the social media posts of other strangers (who happen to be famous athletes and entertainers that have announced their ownership of NFTs), I ought to disclaim here that this is not investment advice. Though I certainly need not disclaim that I am neither an athlete nor entertainer. So, you might say, for all the wrong reasons, NFTs and cryptocurrency is back in the spotlight.
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- US Premier Rugby Sevens expands to a total of 16 men’s and women’s teams in an effort to spread interest in the United Kingdom-originated sport stateside in advance of the 2031 Rugby World Cup in the Americas. That’s one kind of UK spread I can get behind. Marmite on the other hand…?
- Rappers DaBaby and Roddy Ricch are among those named as defendants in a new copyright infringement lawsuit over their 2020 chart-topper, “Rockstar.” My defense strategy would be to plead infancy and have Roddy change his name to “Roddy Insolvent.” But then again, I am not a litigator.
- College sports recruitment season is in full swing, and the impact of NIL deals is being felt by schools such as Ohio State who are bitter that they are not the highest bidder.
Endorsement Sponsorship and Investments
Celebrities that promoted Bored Ape NFTs are now facing a class action lawsuit
December 13, 2022 via Verge
Chiliz Doubles Down on NFTs with Blockchain Authentication Stake
December 13, 2022 via Sportico - Business
Kim Kardashian Wins Investor Lawsuit Over EthereumMax
December 8, 2022 via CoinDesk - News
PMC Acquires Art Publication Artforum
December 7, 2022 via Greenwich Time.com
Sport
Jeff Zucker to Oversee $1 Billion Sports Fund for RedBird IMI
December 13, 2022 via Sportico - Business
SBF Arrest on Fraud Charges Forestalls Testimony, FTX Sports Lawsuits
December 13, 2022 via Sportico - Law
Premier Rugby Sevens unveils U.S. expansion plan
December 13, 2022 via ESPN.com
What we’re hearing about the sale of Manchester United
December 12, 2022 via Herrick Feinstein News
St. Louis strengthens ice hockey presence with 2024 ACHA National Championships
December 12, 2022 via Sport Business - News Page (sportbusiness.com)
Music Biz
Do NFTs present a new way forward for the music industry?
December 14, 2022 via CBC Canada - Top Stories
The 10 Biggest Music Business Stories & Trends of 2022: TikTok, Taylor, Web3 & More
December 13, 2022 via Billboard
BTS Business Empire at Risk as K-Pop Band Members Go Solo
December 13, 2022 via Wall Street Journal - Top Stories
Apollo Raises $1.8 Billion in Music Bond Sale, Buys Hunk of Debt
December 8, 2022 via Yahoo Finance - Top Stories
FTX Reached Late Stage Of Negotiation With Taylor Swift Before It Collapsed
December 8, 2022 via International Business Times
Film & TV
Comedian Deon Cole To Host 2023 American Black Film Festival Honors
December 14, 2022 via Deadline - Hollywood Breaking News
Akshay Kumar, the most visible endorser in TV ads in Sept quarter: TAM AdEx
December 14, 2022 via Hindu Business Line, The (India)
Warner Bros. Discovery deals with Sportdeutschland.TV for Handball Worlds rights
December 12, 2022 via Sport Business
Competition Commission probing SuperSport-PSL TV rights relationship
December 8, 2022 via Times LIVE - Top Stories
December 8, 2022 via New York Magazine
Emerging Sports
The World's First Official Female Specific Game Ball, Custom Designed by Women, for Women and Girls
December 14, 2022 via PR
AIA adds girls’ flag football to state’s sports offerings
December 13, 2022 via Verde News
Pickleball players banned from Manhattan park after turf war with kids
December 8, 2022 via News Break
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