Wireless Festival promoter defends booking Kanye West despite major sponsors Pepsi, Rockstar, PayPal, and Diageo withdrawing sponsorships, calling for forgiveness and hope.
Pepsi and Diageo withdrew sponsorships from UK's Wireless Festival after Ye was announced as headliner. UK Prime Minister condemned the decision amid rising antisemitism concerns following Ye's controversial statements.
Pepsi withdrew sponsorship of London's Wireless Festival due to Kanye West's booking as headliner. The artist, now known as Ye, remains scheduled to perform at the three-night July festival.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.