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June 24, 2023

Future Signs on as LANVIN LAB's Creative Director

Following in the steps of Louis Vuitton in tapping one of music’s best to serve as creative direction, fellow French fashion house LANVIN announced Friday that rapper Future will be the creative director for its upcoming LANVIN LAB collection. In a statement, the brand said the “Mask Off” artist’s forthcoming line will celebrate the “ground-breaking and individualistic vision that bridges a gap between music and fashion.” Expect the capsule to debut later this year.

Boardroom’s Bernadette Doykos has more info on Future’s latest promotion.


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United States Tapped to Host FIFA Men’s Club World Cup in 2025

The United States will host the first 32-team iteration of the Club World Cup in 2025, the FIFA Council announced Friday. The current format launched in 2000 and features just seven teams comprised of one host country and the winners of the six global continental confederation tournaments. That includes Champions League winners from Europe’s UEFA, the Asian Football Confederation, Confederation of African Football, South America’s CONMEBOL, the Oceanic Football Confederation, and CONCACAF from North and Central America and the Caribbean. If that weren’t already hectic to plan, the USA are also in charge of the logistics for the FIFA Men’s World Cup in 2026, the Olympics in 2028, and possibly the FIFA Women’s World Cup in 2027.

Boardroom’s Shlomo Sprung breaks down who all qualifies for the 2025 Club World Cup and more.

Warner Bros. Discovery Eyes $500M Catalog Sale

Warner Bros. Discovery is in talks to offload half of its revered music, film, and television catalog for $500 million. Among those titles that are rumored to be sold to Sony are music from movies such as Purple RainEvitaSweeney ToddRentseveral Batman films, and even “As Time Goes By” from the 1942 movie CasablancaWith a substantial amount of debt to tackle (roughly $49.5 billion), a transaction of this amount will significantly help the company offset some of its financial woes.

Boardroom’s Vinciane Ngomsi has all the details on the possible sale of WDB’s historical inventory.

Seattle Set to Host NBA’s ‘Rain City Showcase’

Could Seattle be in the running for an NBA expansion team? The former home of the Seattle Supersonics will host a preseason showcase in advance of the 2023-24 NBA season. The NBA is expected to announce an expansion city once the league negotiates its next media rights deal. Currently, Seattle and Las Vegas are the two frontrunners. News emerged this week that Las Vegas is making plans for a $10B arena to host a potential new team. The Rain City Showcase, scheduled to take place on Oct. 10, will feature the Utah Jazz and Los Angeles Clippers.

Doja Cat Announces North American Arena Tour, Ice Spice to Join

Doja Cat is heading on the road for the first time since 2019. The entertainer announced her plans for ‘The Scarlet Tour,’ which will launch on Halloween in San Francisco. Throughout the 24 shows, Doja Cat will be joined by Ice Spice and Doechii. She dropped her first new single “Attention” from an upcoming project last week. In addition to San Francisco, the tour will hit Brooklyn, Chicago, Phoenix, and more.

Sony Music Prepares for the Future, Hires Industry's First AI Executive

The AI takeover of the music industry is a hot topic of conversation. Just this week, The Recording Academy‘s president Harvey Mason, Jr. spoke out on AI. He noted that it is something to which the industry will have to pay attention. Now, Sony Music is the first major label to create an executive position explicitly for AI. The company announced that former BPI CEO Geoff Taylor will be the EVP of AI. In a memo, the COO of Sony Music Kevin Kelleher announced the hire, noting, “Artificial Intelligence (AI) has great significance for the future of the music industry and, as a result, more focused attention on it is required.”