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March 14, 2023

Drake Sets The Stage For 28-Leg Tour

The last time Drake toured in North America was 2018 for the Aubrey & the Three Migos tour, alongside Atlanta hip-hop trio Migos. Beginning in June, he’ll be back — this time with 21 Savage after the two dropped Her Loss in Nov 2022. According to Drizzy’s official website, drakerelated.com, the 28-date trek begins in New Orleans on June 16 and will run through Sept. 5, with the last stop being in Glendale, Arizona.

Boardroom’s Vinciane Ngomsi has the details.

Jimmy G Takes Talents To Sin City

NFL Free Agency is upon us, and Jimmy Garoppolo found his new home. On Monday, he signed a three-year, $67.5 million deal with the Las Vegas Raiders. The move reunites him with head coach Josh McDaniels, who was his OC in New England. The deal includes $34 million in guaranteed money. Garoppolo has had a long, strange journey in the Bay, where he signed a contract as a backup last year, but found himself in the starting position after Trey Lance suffered a season-ending ankle injury. The 31-year-old filled in and went 7-3 before he broke his foot and missed the rest of the season. In Vegas, Jimmy G will have a ton of weapons, namely Davante Adams and Darren Waller.

Boardroom’s Anthony Puccio breaks down the ins and out of the new deal.

“Scream VI” Scares “Creed III” Out Of Top Spot

Creed III had a good run, but Scream VI took over the box office this past weekend. The flick netted $44.5 million across 3,675 theaters at the domestic box office. The latest installment in the horror series reportedly cost $33 million to make. The box office takeover was further fueled by a strong global performance, as it took in a series-best $22.6 million from 53 markets for a worldwide start of $67.1 million.

Daddy Yankee Delivers as World Baseball Classic Ambassador

The World Baseball Classic is underway. In Miami, as Puerto Rico prepared to take on Venezuela, one familiar face took over the plate: Daddy Yankee. The reggaeton superstar is an official ambassador for the tournament, and is expected to attend several of its games in Miami in the run up to the final. Additionally, his song “Chispa” will serve as the official anthem, and will be featured across MLB platforms over the course of the next several weeks.

Signature Bank Follows SVB Failure

The United States is in the midst of a moment of financial crisis unseen since 2008. In the wake of the Silicon Valley Bank collapse, Signature Bank also failed. Signature, known primarily as a real estate lender, recently became a hefty player in the cryptocurrency industry. The bank was closed by state authorities on Monday as Gov. Kathy Hochul attempted to reassure folks by saying, “New Yorkers should have confidence that their money is secure, and wherever they have chosen to bank, that that is protected.” The Federal Deposit Insurance Corporation took over its assets worth more than $110 billion and more than $88 billion in deposits on Sunday.

Diddy Sets Sights on BET Purchase

Diddy’s up to something — then again, when isn’t he? Variety exclusively reported that Sean “Diddy” Combs is looking to buy a majority stake in BET Media Group while reports heat up about Paramount Global selling the property. Paramount is “exploring the opportunity to purchase BET as a part of his strategy to build a Black-owned global media powerhouse.” Back in February, Diddy rebranded his parent company Combs Enterprises into Combs Global. Diddy signaled that the change marks a “new era of excellence.” Diddy joins Tyler Perry and media mogul Byron Allen as rumored suitors for BET.

Silver Lake and CPP Investments Combine for Qualtrics Acquisition

Silver Lake and CPP Investments announced plans to acquire Qualtrics for $12.5 billion. The move marks the second acquisition of the survey software company in a five-year span. Once complete, Qualtrics will become a privately held company with its common stock coming off the public market. Shareholders will receive $18.15 per share in cash, according to the statement. “Silver Lake’s belief in our vision and their amazing track record of helping founders and management teams speaks for itself,” said Ryan Smith, Qualtrics’ co-founder and current executive chairman.