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May 1, 2023

‘The Super Mario Bros. Movie’ Races Past $1B in Global Ticket Sales

Mario and Luigi have joined rare air. After a successful run at the box office, The Super Mario Bros. Movie officially eclipsed $1B in global revenue in under a month. Thus far, the film has taken in $532 million in international tickets and $490 domestically. With the achievement, it becomes only the fifth movie that has surpassed $1 billion since the onset of the pandemic in March 2020.


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Women’s Sports Bar Generates $1M in Revenue in First Eight Months

If you build it, they will come. That was Jenny Nguyen’s mindset when she first assembled the business plan for The Sports Bra. The establishment, located in Portland, OR, exclusively shows women’s sports, while serving up a frosty beverage. Now, a report from Business Insider shows that the unique concept — it is believed to be the first bar of its kind in the country — is wildly profitable, having netted $1 million in its first 8 months.

During the Women’s NCAA Tournament, Boardroom’s Nick DePaula stepped inside to witness the atmosphere first-hand. Read more.

Nigel Sylvester Teams up with JP Morgan for Financial Literacy Program

Nigel Sylvester’s impact extends far beyond the bike. The BMX pro announced on Monday that his foundation will team up with JP Morgan to launch the Money Mindset program, which will foster financial literacy. The three-week program is being rolled out at the Preparatory Academy for Writers at Springfield High School in Queens. In a statement announcing the effort, Sylvester said, “With more career pathways available than ever before, financial education is critical for their overall success. This program is a game-changer, and I am confident it will make a positive impact on the next generation.”

Boardroom is giving you a chance to win a signed copy of Sylvester’s book, GO, and a pair of Air Jordan 1s. Enter the giveaway here.

Grimes Leans into AI

As some artists, such as Drake, have taken legal action to prevent their likeness from being used by AI for the purposes of music production, others are leaning in. Last week, Grimes released a statement saying that she would split royalties with any AI artist who made music utilizing her voice. Now, she’s taken that one step further, launching a beta version of a new AI project. Although she warns that it may be “chaos” – her manager told Rolling Stone that they feel like they’ve discovered “the future of music.”

Writers Guild Assembles Last Minute Round of Negotiations, Warn Members to Prepare for Strike

We are ticking towards a writers’ strike in Hollywood. Today marks the official deadline for a new contract. While the Writers Guild of America is actively negotiating with the Alliance of Motion Picture and Television Producers, it has warned that writers should be prepared for a strike. In an email to its members, the WGA wrote: “The greatest amount of leverage we collectively bring to a strike action is the withdrawal of our labor. Picketing is a key tactic to demonstrate that we are all in this together, and that until a strike is resolved, it’s not business as usual.”

Something in the Water Day 3 Washed Out by Major Weather Event

Mother Nature interrupted Pharrell’s triumphant return to Virginia Beach. The third day of the Something in the Water festival was cancelled on Sunday. The lineup included Wu Tang Clan, Lil Uzi Vert, and Lil Durk. However, the full weekend was far from a wash. Williams is already looking to next year, and has committed to amending the date to avoid the tempestuous spring weather. He also teased, “more acts, more merch, more food… just more!”