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Who will win Time Magazine’s person of 2022?

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It’s that time of year again when Time Magazine awards its person of the year, so here’s the shortlist so far

Time Magazine is looking for who dominated headlines and conversations in 2022. Ahead of the reveal this week, it has shortlisted a few candidates.

Elon Musk makes the cut

Top pick, is Elon Musk once again. The billionaire dominating headlines for his $44 billion takeover of Twitter.

He is no stranger to controversy, with many critics slamming his changes to the social media giant.

FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk gestures during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019.

Xi Jinping

Next, is Xi Jinping as he secured himself a third term as President of China. He also stole the global spotlight for his draconian zero-covid strategy, as thousands call for his resignation.

Xi has also been the centre of geopolitical tensions and trade with the United States and Australia.

Plus, China’s dominance over Taiwan has cause a global stir.

Chinese President Xi Jinping waves after his speech as the new Politburo Standing Committee members meet the media following the 20th National Congress of the Communist Party of China, at the Great Hall of the People in Beijing, China October 23, 2022. REUTERS/Tingshu Wang

U.S. Supreme Court

Also named is the U.S. Supreme court for overturning the nearly 50-year-old Roe v. Wade abortion law.

The landmark ruling overturned the law that recognised a woman’s constitutional right to an abortion and legalised it nationwide.

It sparked global protests with thousands of women begging for the right to decide what they do with their own bodies.

Protestors react outside the U.S. Supreme Court to the leak of a draft majority opinion written by Justice Samuel Alito preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later this year, in Washington, U.S., May 2, 2022. REUTERS/Moira Warburton

Volodymyr Zelensky

No surprise, Ukraine’s Volodymyr Zelensky made the cut. The comedian turned President is leading his country through war.

During 2022, Zelensky has given unwavering strength for Ukraine. He has forced world leaders to support the war-torn nation, in the face of Russian aggression.

He has been a pillar of hope, endurance and resilience.

Ukraine’s President Volodymyr Zelenskiy gestures during his annual news conference at the Antonov aircraft plant in Kyiv, Ukraine May 20, 2021. REUTERS/Gleb Garanich

Iran protestors

Protestors in Iran have also been named, as the country continues to stand up against the strict Islamic Republic.

The uprising is one of the largest in the nations history, with the world unable to turn a blind eye.

Women have been burning their hijabs and cutting their hair, forcing the Parliament to review the mandatory hijab law.

FILE – Iranians who live in Brazil protest against the death of Iranian woman Mahsa Amini, who died in Iran while in police custody, in Sao Paulo, Brazil, Friday, Sept. 23, 2022. As anti-government protests roil cities and towns in Iran for a fourth week, sparked by the death of a 22-year-old woman detained by Iran’s morality police, tens of thousands of Iranians living abroad have marched on the streets of Europe, North America and beyond in support of what many believe to be a watershed moment for their home country. (AP Photo/Andre Penner, File)

The magazine also made mention of Ron DeSantis, Gun safety advocates and Liz Cheney.

Holly is an anchor and reporter at Ticker. She's experienced in live reporting, and has previously covered the Covid-19 pandemic on-location. She's passionate about telling stories in business, climate and health.

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Streaming service shift and the award season snubs

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Netflix Introduces Changes to Subscription Model, Academy Award Nominations Spark Cinematic Buzz, and the Doomsday Clock Continues its Ominous Ticking.

Netflix is set to discontinue its ad-free Basic subscription in select countries, commencing with Canada and the UK in Q2 2024.

This strategic shift introduces a significant price increase for the baseline entry, signalling potential adjustments to Netflix’s global pricing structure.

Simultaneously, the 96th edition of the Academy Award nominations has stirred cinematic debates, with the prevailing question being whether the upcoming season will be dominated by “Barbie” or “Oppenheimer.” These contrasting narratives set the stage for a fierce competition, highlighting the diverse and compelling offerings in this year’s film industry.

Beyond the realm of entertainment, the Doomsday Clock, a symbolic representation of the likelihood of a human-made global catastrophe, continues its ominous countdown.

Maintained since 1947 by the Bulletin of the Atomic Scientists, the clock serves as a metaphor for threats arising from unchecked scientific and technological advances. As global tensions, environmental challenges, and technological risks persist, the ticking of the Doomsday Clock serves as a poignant reminder of the urgent need to address multifaceted threats to humanity.

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Adidas faces potential $320M Yeezy shoe write-off post-Kanye split

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Adidas is contemplating a significant financial blow as it considers writing off $320 million worth of Yeezy shoes following its separation from music and fashion icon Kanye West.

The sportswear giant’s decision to sever ties with West’s Yeezy brand has left a mountain of unsold merchandise, threatening to dent the company’s balance sheet.

The partnership between Adidas and Kanye West, which began in 2013, had been immensely successful, with Yeezy shoes becoming a highly sought-after fashion statement.

However, recent controversies and disagreements between West and Adidas prompted the sportswear company to distance itself from the celebrity designer.

The massive inventory of Yeezy shoes now presents a dilemma for Adidas, as it grapples with finding a solution to deal with the surplus stock. A $320 million write-off could significantly impact the company’s financial performance in the short term.

Adidas is currently exploring various options, including discounting, donating, or repurposing the unsold inventory to mitigate the financial hit.

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Warner Bros discovery warns of Hollywood’s ‘real risk’ post-strikes’

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Warner Bros Discovery, has issued a stark warning regarding the ‘real risk’ that Hollywood faces in the aftermath of the recent strikes that have taken a considerable toll on the industry’s financial health.

The strikes, which disrupted film and television production for several weeks, resulted in substantial financial losses for studios, production companies, and countless industry professionals.

Warner Bros Discovery emphasised the necessity for a resilient and adaptable approach to navigate the ongoing challenges and uncertainties facing the film and television sector.

The conglomerate stressed the importance of implementing measures to mitigate such risks in the future, which include fostering better labour relations and contingency planning to safeguard against potential disruptions.

The message underlined the need for the industry to adapt to the evolving landscape of content creation and distribution, particularly in the digital era.

This warning from Warner Bros Discovery highlights the need for the entertainment industry to recognise the ever-changing dynamics and economic challenges, and the importance of preparedness to maintain its prominent position in the global market.

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