Sports & Entertainment Spotlight: A Non-Fungible Token (NFT) Entitling the Bearer to a Beer With Bill Murray Fetched the Equivalent of $185,000 in Ethereum Cryptocurrency for Charity | Foster Garvey PC

Welcome again to the “Spotlight!” After over two and a half years, COVID-19 has lastly made its well beyond my doorstep and all through my residence. It’s Wednesday evening and I’m bodily and emotionally drained, I really feel like I swallowed a mace and I sound like Barry White, so I will likely be transient. That, and I’m watching Serena in her Middle Court docket Spotlight.

A non-fungible token (NFT) entitling the bearer to a beer with Bill Murray fetched the equal of $185,000 in Ethereum cryptocurrency for charity. At that worth level for a beer, you’d count on to additionally see a Yankees recreation.
Grocery supply firm Instacart makes a splish-splash with an advert marketing campaign that includes recording artist Lizzo in a bath, creating her personal plant-based procuring cart. This being the primary high-profile celeb endorsement, I assume Instacart figured that it was “About Damn Time.”
Pink Floyd’s music catalog is up for bidding at roughly $500 million. A gargantuan sum, that’s, after all except you play it backwards.

Endorsement Offers, Sponsorships & Investments

Instacart’s Latest Feature Lets You Shop Lizzo’s Vegan Grocery List
August 31, 2022 through My West Texas
Celebrities – they’re identical to us! You won’t be capable of sing like Lizzo, however because of Instacart, you possibly can snack like her.

NIL Cash Spurs U.S. Bank and Opendorse to Offer Financial Literacy Courses
August 30, 2022 through Sportico (subscription could also be required)
Greater than a 12 months into the title, picture and likeness period in school athletics, school athlete monetary literacy and cash administration are nonetheless high of thoughts for a lot of.

Beyoncé Narrates Gatorade’s Serena Tribute as the U.S. Open Begins
August 29, 2022 through Biz Journal
Gatorade has launched a video honoring Serena Williams as she prepares to play in her ultimate U.S. Open, and it’s narrated by one other celebrity: Beyoncé.

Celebrity Net Worth: Charli D’Amelio Joins $80 Million Funding Round in U.S. Career Marketplace
August 29, 2022 through The Nationwide
Social media character Charli D’Amelio and her household have joined an $80 million funding spherical in U.S. profession market Unbelievable Well being.

Sports

LIV Joins Phil Mickelson’s Lawsuit and Changes Litigation Trajectory
August 31, 2022 through Sportico (subscription could also be required)
When Decide Beth Labson Freeman held a listening to two weeks in the past regarding LIV golfers suing the PGA Tour, a lot of the dialogue centered on a celebration not within the room: LIV Golf. That has modified.

New York Yankees Investing in AC Milan as Part of RedBird Ownership Group
August 30, 2022 through Sportico (subscription could also be required)
The New York Yankees and Important Avenue Advisors, a LeBron James-backed funding fund, are investing in Italian soccer group AC Milan, in line with two folks aware of the deal.

MLB Players Association Takes ‘Historic’ Step Toward Unionizing Minor-League Baseball Players
August 29, 2022 through CBS Sports
The MLB Gamers Affiliation took a step towards unionizing minor-league baseball gamers Sunday evening, sending minor leaguers an authorization card permitting them to vote for an election that might make them MLBPA members.

U.S. Open Luxury Ticket Sales Boom, Riding Tennis’ Pandemic Popularity
August 29, 2022 through Sportico (subscription could also be required)
Tennis participation has skyrocketed in the USA since 2020, and consequently, the U.S. Open has shifted its technique, assembly the elevated demand to observe the sport in particular person with extra premium ticket stock and a year-round gross sales group.

Music Biz

Man Who Discovered Drake Suing His Management Over Royalties
August 31, 2022 through New York Day by day Information
A younger Texas expertise scout who found hip-hop star Drake is suing the entertainer’s managers — charging they’re dishonest him out of his share of royalties.

Music Industry Vows to Fight On After Broadcasters Hit Milestone in Battle Against Royalty
August 30, 2022 through Inside Radio
The radio trade scored a symbolic, but doubtlessly vital, victory in Washington Monday as lobbying efforts have led to the addition of 20 names to a Home decision opposing the creation of a radio efficiency royalty.

FN Meka Exec Leaves Project, Says ‘There Are Many Lessons to Be Learned’ From Backlash
August 25, 2022 through Billboard
Anthony Martini is a former artist supervisor who helped develop artists like Lil Dicky and MadeinTYO and was additionally CEO of Royalty Alternate from 2021 till earlier this 12 months.

U.S. Private Equity Group Among Bidders for Pink Floyd’s Catalogue Worth Estimated $500 Million
August 25, 2022 through Nationwide Newspaper
The Monetary Occasions stated the deal consists of the copyrights to its music rights and authentic studio recordings, making it one of many largest offers of its type.

Movie & TV

Sony Pictures Networks India Bags Exclusive TV, Digital Rights for U.S. Open
August 27, 2022 through Sakshipost EN
Sony Photos Networks India (SPN) has signed a three-year deal to broadcast the US Open beginning August 2022.

Supreme Court Paved Way for Shifting College TV Landscape
August 26, 2022 through Honolulu Star Advisor
Andy Coats isn’t a coach or athletic director. With regards to the seismic adjustments to the panorama of main school soccer, although, he’s a seminal determine.

The Big Ten’s New Record-Breaking Media Deals Will Top $1 Billion Annually, Far Outshining Other Power Five Leagues
August 25, 2022 through Biz Journal
The day after the Large Ten accredited $8 billion value of media rights offers with CBS, Fox and NBC, convention Commissioner Kevin Warren hopped on an early morning flight to Atlanta after which drove a rental automobile to Birmingham, the place the daughter of a buddy was getting married.

Non-Fungible Tokens (NFTs)

Live Nation’s Ticketmaster Partners With Dapper Labs to Release Ticket NFTs on the Flow Blockchain and Expands its NFL Partnership for NFTs to 100 Games
August 31, 2022 through Techmeme
Ticketmaster will now let occasion organizers subject NFTs tied to tickets on Stream, a blockchain operated by a16z-backed Dapper Labs.

‘Beer With Bill Murray’ NFT Sells for $185K in ETH at Charity Auction
August 31, 2022 through Yahoo Finance
An NFT ticket to beer with actor Bill Murray bought for 119.2 ETH (round $185,000) on Wednesday in a charity auction-style bidding warfare.

Meta Announces Facebook and Instagram Users Can Post NFTs From Digital Wallets
August 29, 2022 through Cointelegraph
“This may allow folks to attach their digital wallets as soon as to both app with the intention to share their digital collectibles throughout each,” stated Meta.

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