Rock & Roll Hall of Fame Induction Ceremony Has a Poignant Vibe This Year

FILE - Thom Gimbel, from left, Michael Bluestein, Mick Jones, Kelly Hansen, Jeff Pilson and Bruce Watson of Foreigner pose for a portrait during the Sundance Film Festival in Park City, Utah on Jan. 20, 2017. (The Associated Press)
FILE - Thom Gimbel, from left, Michael Bluestein, Mick Jones, Kelly Hansen, Jeff Pilson and Bruce Watson of Foreigner pose for a portrait during the Sundance Film Festival in Park City, Utah on Jan. 20, 2017. (The Associated Press)
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Rock & Roll Hall of Fame Induction Ceremony Has a Poignant Vibe This Year

FILE - Thom Gimbel, from left, Michael Bluestein, Mick Jones, Kelly Hansen, Jeff Pilson and Bruce Watson of Foreigner pose for a portrait during the Sundance Film Festival in Park City, Utah on Jan. 20, 2017. (The Associated Press)
FILE - Thom Gimbel, from left, Michael Bluestein, Mick Jones, Kelly Hansen, Jeff Pilson and Bruce Watson of Foreigner pose for a portrait during the Sundance Film Festival in Park City, Utah on Jan. 20, 2017. (The Associated Press)

The Rock & Roll Hall Fame induction ceremony on Saturday night promises to be starry, jamming — and bittersweet. So many of the honorees this time have been lost.
Of the seven original members of Kool & the Gang, there is only one, Robert “Kool” Bell. There will be no living members of the MC5, which suffered the recent deaths of its two last original members, drummer Dennis “Machine Gun” Thompson and guitarist and singer Wayne Kramer. Foreigner's original bassist Ed Gagliardi and multi-instrumentalist Ian McDonald have died and guitarist Mick Jones has been sidelined by Parkinson’s disease. A Tribe Called Quest has lost Phife Dawg.
“I wish George was here and the rest of the other gentlemen — the other original members — because they well deserve this recognition,” said Hahn Brown, widow of Kool & the Gang drummer and songwriter George Brown, who died in 2023.
In many ways, the class of 2024 — which also includes Peter Frampton, Cher,Mary J. Blige, Ozzy Osbourne, Dave Matthews Band, the late Jimmy Buffett, Dionne Warwick and the late Alexis Korner, the late John Mayall and the late Big Mama Thornton — is a catch-up class, reflecting turnover in the hall's leadership.
“There’s been a change over from some of the old guard in years past to you see artists like Rush and Kiss and Stevie Ray Vaughan and Randy Rhodes, the MC5 and Judas Priest getting in. Whereas before that might not have been the case,” says Tom Morello, a Rock & Roll Hall of Fame guitarist for bands like Rage Against the Machine and Audioslave.
Morello recalls bringing up the issue of membership with Jon Landau, Bruce Springsteen’s manager and a former Rolling Stone critic, who was then chairman of the nominating committee.
He told him: “Myself and my friends, we don’t think so much about the Rock & Roll Hall of Fame because none of our favorite bands are in it.”
Now it will have a band Morello has long championed, the MC5, who paved the way for the Stooges, the Ramones, the Clash, the Sex Pistols, Rage Against the Machine and System of a Down.
Saturday's induction ceremony will be held at the Rocket Mortgage Fieldhouse in Cleveland. It will stream live on Disney+. A special featuring performance highlights and standout moments will air on ABC on Jan. 1.
Cher — the only artist to have a No. 1 song in each of the past six decades — and Blige, with eight multi-platinum albums and nine Grammy Awards, will help boost the number of women in the Hall, which critics say is too low.
Artists must have released their first commercial recording at least 25 years before they’re eligible for induction. Nominees were voted on by more than 1,000 artists, historians and music industry professionals.
There had been a starry push to get Foreigner — with the hits “Urgent” and “Hot Blooded” — into the Hall, with Mark Ronson, Jack Black, Slash, Dave Grohl and Paul McCartney all publicly backing the move. Ronson’s stepfather is Mick Jones, Foreigner’s founding member, songwriter and lead guitarist.
Warwick will arrive at the ceremony only a few days after attending a memorial to her longtime friend and collaborator, Cissy Houston, in Newark, New Jersey. Jennifer Hudson and Teyana Taylor will help induct her.
Other members of rock, pop and hip-hop royalty will be on hand to help usher the class in, including Busta Rhymes, Dr. Dre, Demi Lovato, Dua Lipa, Ella Mai, James Taylor, Jelly Roll, Julia Roberts, Keith Urban, Kenny Chesney, Lucky Daye, Mac McAnally, Method Man, Roger Daltrey, Sammy Hagar, Slash and The Roots.



Netflix Subscriber Additions Likely Slowed, Growth Strategy in Focus

FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
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Netflix Subscriber Additions Likely Slowed, Growth Strategy in Focus

FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo

Netflix could report its slowest subscriber additions in six quarters on Thursday as gains from a password-sharing crackdown ease, with investors looking for signs its nascent ad revenue business is accelerating.
The streaming giant likely added 4 million subscribers in the July-September period, according to analysts' estimates compiled by LSEG. Netflix originals such as "The Accident" and "The Perfect Couple" were among the top streamed titles in the US during the quarter, Nielsen data showed, according to Reuters.
As the pace of sign-ups slows, Netflix is trying to shift investor attention towards other performance measures including revenue growth and margins. It will stop reporting subscriber data from 2025.
"Their focus is to continue to grow subscribers at a healthy clip while also leveraging their scale, ability to raise prices and increase advertising dollars," said Pivotal Research analyst Jeff Wlodarczak.
The company's ad-supported plan has been growing but Netflix does not offer details on the tier's financial performance and does not expect it to become a primary driver of growth until 2026.
This has raised some concerns about its growth trajectory.
"They're making less than a billion dollars a year in the US on advertising, saying that doesn't make them look good," eMarketer television and streaming analyst Ross Benes said.
Some analysts have said the company needs to raise prices and phase out more of its ad free plans to nudge customers towards the tier with commercials as it usually brings in more revenue per user.
The company said in July last year it would stop offering the $9.99 a month basic plan without commercials to new users in the US and the UK, and phase it out for existing subscribers.
Netflix charges $6.99 per month in the US for the ad tier, while its standard plan without commercials is priced at $15.49 a month.
It has not raised the price of its standard plan since early 2022, while its ad-supported tier has been priced the same since its launch in late 2022.
The company, which operates in more than 190 countries, is expected to report ad revenue of $242.7 million in the third quarter, according to the average of estimates from three analysts compiled by LSEG. Overall revenue is expected to grow 14.3%, a slightly slower pace than the previous three months, to $9.76 billion.
To attract more advertisers, the streamer is focusing on live events including sports. Netflix will air the highly anticipated Jake Paul vs. Mike Tyson boxing fight in November, followed by its first NFL games in December.
The second season of hit South Korean drama series "Squid Game,” expected to release in December, could help the company draw subscribers in the last quarter of the year.
Netflix stock has risen 12.4% since it reported second-quarter results in July, compared with a 5% rise in the S&P 500 index.