It's Tune-in Tuesdays!

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CultureBanx Team
February 11, 2025

Today, pro athlete moms are investing to gain more than fame, but let’s start with how pop queens are leading in the music streaming game…

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Pop Queens Take Over The Music Industry With Streams In Trillions

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The global music industry experienced a groundbreaking year in 2024, with total music streams hitting nearly 5 trillion, marking a 14% increase from the previous year. Who led this boom? Women. The remarkable performance of female pop artists who consistently topped U.S. music charts, like Taylor Swift, Sabrina Carpenter, and Beyoncé, commanded the spotlight, with their music dominating streaming platforms for an impressive 34 weeks in 2024 .

Pro Athletes' Moms Create Silent Investment Management Network  

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Mother-child partnerships in professional sports and entertainment are reshaping the investment scene. Now a trailblazing network of professional athletes' mothers, League of Industry Moms, is changing how silent investment partners are shaping the way wealth management works in sports. These maternal figures serve as vital guardians for these elite performers' financial futures, as a hidden force behind many multi-million dollar deals.

Black Restaurateurs Should Be Aiming For Culinary Michelin Stars  

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The Michelin Star is a prestigious award given to the most deserving restaurants around the world. In the U.S. there are approximately 230 Michelin Star restaurants and only 29 of them are Black owned, including Luella’s Southern Kitchen and Kokomo. This rating includes the quality of the food, decor and service. More Black restaurateurs should be aiming for this rating, as it can increase business traffic by up to 80%.

Tune-in Tuesdays!

Trump may be shooting himself in the foot with his immigration raid as he is overlooking a looming global crisis–the growing shortage of workers. Will these actions exacerbate the labor gap, or will they force a rethinking of how to manage workforce needs?

A. "Work" by Rihanna – The labor shortage is a challenge, but it's also an opportunity for resilience and innovation. This could push industries to think outside the box and adapt through technology and automation
B. "Changes" by Savara – This is a wake-up call for a need to build new pathways and structures to bring in workers who can help sustain economies, rather than shutting the door
C. "Lean on Me" by Kirk Franklin – The pressure to reduce immigration might seem like a solution, but in reality, it's unsustainable. The loss of migrant workers could drive the nation into crisis as businesses and infrastructure crumble under the weight of labor shortages

What are your thoughts on this? Tune in next Tuesday to see which jam captures the prevailing sentiment!

A  |  B  |  C

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Last week’s results are in and it looks like Africa needs to show the world that you ‘Can’t Hold Us Down’

The True Cost Of Diversity In Shaping Corporate Leadership  

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Filling up C-suite roles has had it's challenges and now, it's about to be even harder. Rolling back and limiting DEI initiatives will affect the C-suite roles which have had a stellar track record by increasing business profitability. Large companies such as Target and Walmart that have relied on DEI initiatives for years have already pulled the pug and will no longer be moving forward with such practices. Revising hiring practices to focus more on merit than on diversity quotas could have far-reaching consequences but are they good or bad?

Woodford Reserve's Staff Spirits Are Down As Spirit Sales Sink  

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Brown-Forman (BF.B+0.33%), the owner of Woodford Reserve and Jack Daniels, is letting go of nearly 700 employees and closing a plant as a result of a rapid decline in spirit sales. The Louisville-based company is currently feeling the hard pinch of inflation and changing consumer tastes, accounting for a 2.7% dip in spirit sales across the board. Despite increasing product prices to cover the rising costs of manufacturing, Brown-Forman is still trying to keep the surmounting economic threats at bay. One of the biggest threats being impact on brand share-price. BF.B saw its net sales decline by 5% in the second half of 2024, having already experienced a 30% loss in share value.

Vibes of the Week

Pop queens ”Keep It” high with music streams as Coi Leray tells it in our CBX Vibes!