The Obamas have unveiled their first-ever commissioned portrait together.
Painted by Njideka Akunyili Crosby, the artwork will be displayed in the lobby of the new Obama Presidential Library.
They really took road trips away from us in Nigeria, as a child i enjoyed road trips to the east, they were fun and i looked forward to it and this government stole that from us.
Kwara budgeted ₦10.3 billion for new cars in 2026 and only ₦203m for school facilities.
That’s about 51 times more for vehicles than equipped classrooms in state ranked 34/37 in WAEC.
Last year, Kwara spent ₦3.7bn buying new cars and ₦16 million on school facilities.
I’m not even sure why this is even an argument to be honest.
1. AI Inspo
2. Sketch by first designer
3. Final output by second designer
How did we go from 2 to 3. Therein lies your answer.
Universal Music is selling $1.4 billion in Spotify shares. It paid nothing for them. Spotify handed the shares over in 2008 just for letting Spotify play music, and the deal was set up so almost none of that money would ever reach the artists who made the music. Taylor Swift's 2018 contract changed that.
Back in 2008, Spotify was a small Swedish startup that needed songs to play. The big record labels had the songs. They had no reason to hand them over cheap, so the two sides cut a deal. Spotify gave them shares. The labels gave Spotify the right to play their music. Universal walked away with 5%. That stake later grew to 7% when Universal bought EMI and rolled EMI's 2% into its own. Then it drifted back to 3% as Spotify took on more investors and shrank everyone's slice. At today's prices, 3% of Spotify is worth about $2.7 billion. Universal sat on those shares for 18 years and never sold a single one. Until yesterday.
Most artists never see royalty money. When a label signs you, it pays you an advance to live on while you make the album. It also covers your studio time, your music videos, your marketing, your tour. All of those costs go on a tab. The label keeps every dollar your music earns until you clear that tab. Berklee, the music school in Boston, says as many as 96% of major-label artists never earn enough to clear it. They stay in the red their entire careers.
Sony moved first in 2018. It sold half its Spotify shares for $768 million and paid $250 million directly to its artists in cash, no matter how much each one still owed. Warner followed a few months later. It sold all of its Spotify shares for $504 million and said $126 million would go to its artists too. Warner played it differently. Most of that money went to pay down what those artists already owed, instead of putting fresh cash in their pockets.
Taylor Swift was negotiating her own deal with Universal that same year. She refused to sign unless Universal put the Sony version of the rule in her contract. Cash to artists, no matter what they owed. She wrote at the time that the clause "meant more to me than any other deal point." Universal had said publicly in March 2018 it would share Spotify money with artists. But it had not put the cash-not-credit rule in writing. Swift's contract, signed eight months later, did.
Universal is finally selling. Hundreds of millions of dollars in cash are about to land in artists' bank accounts, including artists who have spent years or decades in the red and would otherwise get nothing from a sale like this.
Most of those artists have never met Taylor Swift. All of them benefit from a single line she insisted on eight years ago.
When Meryl Streep was 56, Fox offered her $2 million for The Devil Wears Prada. She said no and asked for $4 million. The studio said yes the same day, no haggling. They had no choice. Without her, there was no movie.
The film cost about $40 million to make. It earned $326 million at the box office. The extra $2 million was nothing compared to what the movie made. Fox knew the film didn't work without her, so paying her was a no-brainer.
Anne Hathaway, who played the main character, got paid $1 million for the same movie. It was the first million-dollar paycheck of her career. Streep made four times that for playing her boss.
By that point, Streep had been acting for decades. She'd never asked for more money before. She thought she was about to retire. Her own words on what Fox first offered her: "Slightly, if not insulting, not perhaps reflective of my actual value to the project."
Prada was the start of her biggest run yet. Mamma Mia in 2008 grossed $610 million. The biggest hit of her life. It's Complicated did $219 million the year after. The Iron Lady won her a third Oscar in 2012, at age 62. Doubt, Julie & Julia, Into the Woods, The Post, Little Women all came after Prada. Add up every Streep film and you get more than $4.5 billion at the box office. Twenty-one Oscar nominations now, more than any actor in Oscar history.
What went viral from the Today interview was something she said in passing: "They needed me, I felt." The studio agreeing right away proved she was right.
The Devil Wears Prada 2 hits theaters tomorrow. It's tracking to open at around $175 million globally. Streep is 76 now. Twenty years later, she still hasn't retired.
“We the Nigerian Students have never had it so good like the way we have it under President Tinubu”
- Olushola Oladoja, President National
Association of Nigerian Students
Disney just fired the man who designed the visual identity of the entire MCU.
16 years. $30 billion at the box office. And they replaced him with freelancers.
I’m going to put all of Andy Park’s contributions in the comments so you realize who this man actually is.
Which is why I push back against the idea that our social values are warped simply because we are poor.
The deeper problem is that good character is not consistently rewarded or respected, and bad character is not reliably shunned or punished.