Category:

Broadway Ticket Buyers and The John Gore Organization Donate $1 Million To BC/EFA

When theaters across the country shut down in March, countless theater fans who had previously purchased tickets to Broadway and national touring shows suddenly had their plans canceled. In an act of unparalleled generosity, Broadway Across America gave purchasers the option to donate the value of their unused tickets to Broadway Cares/Equity Fights AIDS. The John Gore Organization this week added to their customers’ goodwill, bringing the total donation to Broadway Cares to an astounding $1 million.

“We are overwhelmingly grateful for the staggering generosity of our ticket buyers,” said John Gore, owner and CEO of the John Gore Organization. “It is wonderful to see thousands of individuals making the choice to support those in need.”

“When we launched this initiative, we understood we had a unique opportunity to help, but we had no idea how many people would contribute their tickets and join in our efforts to help the

Read More
Posted On :
Category:

MTV Entertainment Group Commits $250 Million to Drive Content From Women- and BIPOC-Owned Production Companies

Click here to read the full article.

ViacomCBS’ MTV Entertainment Group is committing $250 million over the next three years to nurturing content from women- and BIPOC-owned and operated production companies, by providing them with funding, production infrastructure, services and staff.

Unscripted executive producers Lashan Browning and Adam Gonzalez, who last year inked overall deals with MTV Studios, will create their own third-party production ventures with an equity investment from MTV Entertainment. Browning is known as the showrunner of the previous season of VH1’s “Love & Hip Hop Atlanta” and “Cartel Crew”; she previously worked for Spike Lee and was a key part of the startup team for the Oxygen cable network, which is now owned by NBCUniversal. Gonzalez is known for his work as showrunner of VH1’s “Teyana & Iman,” “America’s Next Top Model,” and “Mob Wives.”

“As a former showrunner, this endeavor is something very close to my

Read More
Posted On :
Category:

Reddit Claims 52 Million Daily Users, Revealing a Key Figure for Social-Media Platforms

Reddit Inc. said it averaged 52 million daily active users in October, up 44% from the same month a year earlier, disclosing for the first time a metric used by other social-media companies to define the size of their audiences.

Reddit hosts message boards for users on seemingly countless subjects. The company, which was founded in 2005 and is based in San Francisco, is also known for its “ask me anything” digital town halls with celebrities and politicians. It described its daily user count amid a continuing effort to attract more advertisers to its platform, which most marketers consider experimental.

“We’re sharing [daily active users] for the first time as a more accurate reflection of our user growth and to be more in-line with industry reporting,” said Jen Wong, chief operating officer of Reddit. “We’re focused on daily usership and increasing this number as we continue to grow our community

Read More
Posted On :
Category:

Dua Lips hits over 5 million viewers for Studio 2054 virtual concert

Dua Lipa’s Studio 2054 virtual concert has broken online livestream records.



Dua Lipa posing for the camera


© Bang Showbiz
Dua Lipa

The ‘Don’t Start Now’ hitmaker’s show has pulled in over five million viewers – which isn’t the final figure – including over 1.9 million unique log-ins from China, 95,000 from India and over 263,200 tickets sold on regular ticketing platforms.

On Monday (30.11.20), Dua tweeted: “I am BEYOND excited to let you know that Studio 2054 had over 5 MILLION viewers globally on Friday night !!! – thank you so much to everyone for tuning in!!

“I’m also so happy to announce that we’ve kept the show available to watch until Sunday !! !! !! (sic)”

Variety noted that the total is said to be a record for a paid livestream.

TaP music’s Ben Mawson added: “I’m exceptionally proud of Dua and the huge team behind this incredible performance.

“It was really important to

Read More
Posted On :
Category:

MPA Chairman Charles Rivkin’s Compensation Rose To $3.1 Million In 2019

Click here to read the full article.

Motion Picture Association Chairman Charles Rivkin’s compensation rose to $3.1 million in 2019, while revenues for the industry trade association increased with the addition of Netflix as a member.

The figures were revealed as part of public tax documents filed earlier this month.

Rivkin collected $2 million in base compensation,$1.1 million in bonus pay and more than $30,000 in addition benefits in other compensation. In 2018, his first full year as chairman and CEO, he received $2 million in base pay, $250,000 in bonus and incentives and almost $38,000 in other compensation.

The second highest paid employee at the MPA was Steven Fabrizio, its former global general counsel, who was paid $986,416. He was terminated from the organization after he was arrested on charges of second degree sex abuse and blackmail. Karyn Temple was named the new global general counsel in December, 2019.

Read More
Posted On :
Category:

Radio network provider Ondas sets terms for $30 million IPO

Ondas Holdings, which provides a software-defined radio system to create private broadband networks, announced terms for its IPO on Monday.

The Sunnyvale, CA-based company plans to raise $30 million by offering 2.9 million shares at $10.40, the last close of its shares on the OTCQB (ONDSD). At the proposed price, Ondas Holdings would command a fully diluted market value of $246 million.

Ondas designs, develops, manufactures, sells and supports FullMAX, the company’s patented, Software Defined Radio (“SDR”) platform for secure, licensed, private, wide-area broadband networks. Ondas’ customers install FullMAX systems in order to upgrade and expand their legacy wide-area network (“WAN”) infrastructure.

Ondas Holdings was founded in 2006 and booked $2 million in sales for the 12 months ended September 30, 2020. It plans to list on the Nasdaq under the symbol ONDS. Oppenheimer & Co. is the sole bookrunner on the deal.

The article Radio network provider Ondas

Read More
Posted On :
Category:

Phish Frontman Trey Anastasio Raises Over $1 Million For New Drug Treatment Center

Rock concerts are currently cancelled and all New York City theaters are dark. But for eight consecutive Fridays from Oct 9 to November 27, the guitarist-singer-composer-spatchcock enthusiast Trey Anastasio, best known as the leader of Phish, had access to the empty Beacon Theater on Upper Broadway, where he performed full shows to eager fans tuning in via Twitch.

The residency, called The Beacon Jams, saw a number of guest musicians join Anastasio in trying out new arrangements on old classics. The emotional core of the exercise, however, was communicating with fans via chat (with Anastasio’s twentysomething daughter Eliza aiding in the tech department.)

In addition to providing water in the desert for a fanbase always eager to chase the next show, The Beacon Jams helped raise money for The Divided Sky Fund, a new arm of Phish’s pre-existing Waterwheel Foundation that will build a drug treatment center in Vermont.

Read More
Posted On :
Category:

Kodak Black Vows to Give $1 Million to Charity If Trump Pardons Him

Kodak Black’s legal troubles can be hard to untangle. But he’s taking a chance on quickly unraveling his most pressing case: the federal weapons charge that has him currently imprisoned. Now, the rapper is reaching out to Donald Trump in the hopes that the president can issue im a pardon, freeing Kodak on his way out of office. 

Kodak vowed to give $1 million to charity in his first year as a free man, should he be pardoned. The rapper tweeted it out in his signature capitalized style, continuing a push to be freed by the lame duck president.

“If The President Them Free Me , I’m Gonna Spend 1 million on Charity within The First Year I’m Out. That’s on Everything,” he wrote on Friday. 

Trump has cast a wide net with his presidential pardons, from posthumous and symbolic pardons of boxer Jack Johnson and suffragette Susan B. Anthony,

Read More
Posted On :
Category:

U.K.’s Channel 4 Sets $40 Million Global Format Fund, Digital Growth

U.K. broadcaster Channel 4 has announced a Global Format Fund that will invest in new British-created and produced formats with global potential that will initially be worth £30 million ($40 million) over two years.

Channel 4 will guarantee minimum runs and recommissioning triggers up front for projects greenlit under this approach. The Fund will focus on genres with the greatest potential for global format success, including daytime, factual entertainment, features and entertainment.

The Fund is part of Channel 4’s new Future4 strategy that was outlined on Thursday. The strategy has a clear remit of doubling viewing to the broadcaster’s All 4 catch-up service over the next five years.

There will also be an increased focus on investing more in content that performs strongly on All 4, like youth-skewing factual entertainment, “box-settable” and noisy documentaries, reality, comedy entertainment, scripted comedy and youth-skewing “bingeable” drama.

In addition, Channel 4 will scale up

Read More
Posted On :
Category:

Prologis purchases Maspeth Queens radio station site for $51 million

Family Radio has used the Maspeth site for its radio towers, and the firm will continue to use it for that purpose as it moves its New York operations to a different location. It purchased the site in 2015 for about $5.1 million from Radio Disney, which had purchased it in 2007 for about $3.3 million from the New York Times Radio Co., records show.

Representatives for Family Radio did not respond to requests for comment.

The property is close to 18-51 Flushing Ave., an industrial property that Prologis bought in January from Frito-Lay for $37.6 million.

The logistic giants Maspeth purchase appears to be yet another sign of strength for industrial properties, the one sector of New York real estate that has held up fairly well during the Covid-19 pandemic. Leasing activity in the sector surged by more than 70% during the third quarter, and its availability

Read More
Posted On :