Nirvana's legendary 'Unplugged' session, Kanye West spoiling Taylor Swift's VMA win, and Lauren Conrad on 'The Hills' are all moments we have MTV to thank for. Getty Images, AP, Courtesy MTV
Nirvana's legendary 'Unplugged' session, Kanye West spoiling Taylor Swift's VMA win, and Lauren Conrad on 'The Hills' are all moments we have MTV to thank for. Getty Images, AP, Courtesy MTV
Nirvana's legendary 'Unplugged' session, Kanye West spoiling Taylor Swift's VMA win, and Lauren Conrad on 'The Hills' are all moments we have MTV to thank for. Getty Images, AP, Courtesy MTV
Nirvana's legendary 'Unplugged' session, Kanye West spoiling Taylor Swift's VMA win, and Lauren Conrad on 'The Hills' are all moments we have MTV to thank for. Getty Images, AP, Courtesy MTV

MTV turns 40: Seven pop culture moments from ‘Imma let you finish’ to 'chicken or fish?'


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Celebrating its 40th anniversary this week, having debuted on August 1, 1981, three letters, MTV, have come to mean different things to different generations.

For the older crowd, Gen Xers as well as millennials born at the cusp of their generation, MTV meant Nirvana’s timeless acoustic set on MTV Unplugged, Carson Daly whipping up the TRL crowd, Beavis and Butt-Head's mumbled inanities and Mariah Carey fully clothed in her jacuzzi on Cribs. Not to mention Yo! MTV Raps.

For Gen Z, it's reality TV, fly-on-the-wall series and documentaries.

These days, it has just one hour and 10 minutes of music programming a week. With YouTube now the place to go for the music videos MTV was once famous for, and every network and streamer producing the type of reality programming MTV helped pioneer with their The Real World series, MTV has to keep up with the ever-changing, aesthetic-driven, shortened attention spans of the TikTok generation.

Out is the music and in are documentaries. MTV Documentary Films scored a recent Emmy nomination for 76 Days. Also comedy and light entertainment, with MTV Entertainment Studios receiving an Emmy nomination for the series Emily in Paris. Not to mention jumping on the nostalgia bandwagon by reviving MTV Unplugged and Behind the Music, as well as The Real World Homecoming.

As the channel turns 40 – and fun fact, the first music video shown on the fledgling channel was The Buggles’ Video Killed The Radio Star – here are seven pop culture moments we still talk about that we have MTV to thank for:

1. Michael Jackson debuts ‘Thriller’

The John Landis-directed video was tailor-made for the MTV generation, and the 14-minute-long music video premiered in a firestorm of publicity on the channel on December 2, 1983. Jackson’s legion of fans had already made MTV their go-to, flocking to the channel thanks to videos for Beat It! and Billie Jean.

2. President Bill Clinton’s underwear reveal

Long before Barack Obama appealed to a younger demographic with his hilarious appearance on Zach Galifianakis' Between Two Ferns talk show, President Bill Clinton was gunning for the youth vote and used MTV to do it.

In 1992, MTV launched its Choose or Lose campaign to promote voter registration, and the channel hosted a town hall with Clinton to discuss issues directly affecting young people. One of the most memorable questions posed to the President was: “Boxers or briefs?” He chose briefs.

3. Jessica Simpson asks the question: 'chicken or fish?'

Starring in MTV Newlyweds, Jessica Simpson and Nick Lachey documented their life as a newly married couple, later admitting the show had put a lot of pressure on their relationship.

One of the most enduring moments came from Simpson’s confusion over whether she was eating chicken or fish when she was eating tuna.

“Is this chicken what I have or is this fish?” the pop star asks her incredulous husband. “I know it’s tuna, but [the tin] says, ‘Chicken by the sea’.”

4. Nirvana on 'MTV Unplugged'

At the height of the grunge music movement, in November 1993, Nirvana stripped back their sound to appear on MTV Unplugged, performing Come As You Are, as well as a host of covers by their musical peers including Lead Belly and Meat Puppets. Entering pop culture history as one of the most era-defining gigs of all time, lead singer Cobain would take his own life only five months later. A year later, the album Nirvana Unplugged in New York debuted at number one on the Billboard 200.

5. Kanye West's stage invades Taylor Swift

With Beyonce visibly embarrassed and mouthing “Oh, Kanye”, Kanye West’s stage invasion to dispute Taylor Swift winning Best Female Video at the 2009 MTV Video Music Awards is still talked about today. Igniting a feud between West and Swift which is still going strong 12 years later, West objected to Swift winning for You Belong with Me over Beyonce’s Single Ladies (Put a Ring on It) by telling the shocked singer: "I’m happy for you and imma let you finish, but Beyonce had the best music video of all time.”

6. Kiss: under the make-up

After a series of album flops in the early 1980s, glam metal band Kiss were in need of a last-ditch attempt to grab themselves some headlines. One phone call to MTV later and the band landed themselves a special in which they unmasked themselves for the first time ever. Appearing on MTV on September 18, 1983 without their signature black-and-white make-up garnered worldwide publicity and their next album, Lick It Up went platinum.

7. 'The Hills': The girl who didn’t go to Paris

MTV show The Hills ran from 2006 to 2010 and made household names out of Lauren Conrad, Heidi Montag, Whitney Port and Spencer Pratt. In season two, when offered the chance to live and work in Paris for the summer, Conrad famously chose her boyfriend Jason Wahler over the City of Lights, leading Conrad’s editor at Teen Vogue, Lisa Love, to deliver the Miranda Priestly-esque line: “She’s gonna always be known as the girl who didn’t go to Paris.”

Spoiler: it didn’t work out with Wahler.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Roll of honour 2019-2020

Dubai Rugby Sevens
Winners: Dubai Hurricanes
Runners up: Bahrain

West Asia Premiership
Winners: Bahrain
Runners up: UAE Premiership

UAE Premiership
}Winners: Dubai Exiles
Runners up: Dubai Hurricanes

UAE Division One
Winners: Abu Dhabi Saracens
Runners up: Dubai Hurricanes II

UAE Division Two
Winners: Barrelhouse
Runners up: RAK Rugby

PROFILE OF STARZPLAY

Date started: 2014

Founders: Maaz Sheikh, Danny Bates

Based: Dubai, UAE

Sector: Entertainment/Streaming Video On Demand

Number of employees: 125

Investors/Investment amount: $125 million. Major investors include Starz/Lionsgate, State Street, SEQ and Delta Partners

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

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Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

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ETFs explained

Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.

ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.

There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.

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Tips for used car buyers
  • Choose cars with GCC specifications
  • Get a service history for cars less than five years old
  • Don’t go cheap on the inspection
  • Check for oil leaks
  • Do a Google search on the standard problems for your car model
  • Do your due diligence. Get a transfer of ownership done at an official RTA centre
  • Check the vehicle’s condition. You don’t want to buy a car that’s a good deal but ends up costing you Dh10,000 in repairs every month
  • Validate warranty and service contracts with the relevant agency and and make sure they are valid when ownership is transferred
  • If you are planning to sell the car soon, buy one with a good resale value. The two most popular cars in the UAE are black or white in colour and other colours are harder to sell

Tarek Kabrit, chief executive of Seez, and Imad Hammad, chief executive and co-founder of CarSwitch.com

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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

Match info

Uefa Champions League Group C

Liverpool v Napoli, midnight

Updated: August 05, 2021, 7:36 AM