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George Clooney and More Stars Match the Rock’s $1 Million SAG Donation on August 2, 2023 at 8:42 pm Us Weekly

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More Hollywood A-listers are matching Dwayne The Rock” Johnson’s $1 million donation to the SAG-AFTRA fund, more Hollywood A-listers are following suit. 

“The entertainment industry is in crisis and the SAG-AFTRA Foundation is currently processing more than 30 times our usual number of applications for emergency aid. We received 400 applications in the last week alone,”  SAG-AFTRA Foundation president Courtney B. Vance told Variety in a Wednesday, August 2, statement about the nonprofit’s successful fundraising efforts. “It’s a massive challenge, but we’re determined to meet this moment.”

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Since the actors’ guild officially went on strike last month, the SAG Foundation has raised more than $15 million for its emergency financial assistance program — greatly in part to some of Hollywood’s top-earning actors. Among those who have donated are George and Amal Clooney, Luciana Barroso and Matt Damon, Leonardo DiCaprio, Hugh Jackman and Deborra-Lee Furness, Nicole Kidman, Jennifer Lopez and Ben Affleck, Ryan Reynolds and Blake Lively, Julia Roberts, Arnold Schwarzenegger and Meryl Streep

Celebrities are following in the footsteps of Johnson, 51, who recently contributed a seven-figure amount to the organization, which can deliver grants of up to $1,500 per member. (In other cases, a lifetime union member could receive up to $6,000 in emergency assistance if in serious jeopardy.) At the time, the foundation’s executive director, Cyd Wilson, told Variety that Johnson’s donation was the “largest single donation” the organization has ever received from one person. 

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Celebrities Who’ve Joined the SAG-AFTRA Strike Picket Lines

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“I appealed to our community to remember how tough it was coming up, and the response to help their fellow performers has been incredible, immediate and heartwarming,” Vance continued in his statement on Wednesday, noting that Johnson, 51, “helped kick-start this campaign.” He also gave thanks to Streep, 74, and George, 62, who “stepped up with $1 million donations, emails and many calls-to-action rallying others to give generously.”

Vance announced that thanks to the latest donations, the SAG Foundation has “crushed our initial goal” — but the work still isn’t done. “Our fundraising will continue in order to meet the overwhelming needs of our community now and in the future,” he concluded. 

“I remember my days as a waiter, cleaner, typist, even my time on the unemployment line,” Streep told Variety on Wednesday, detailing why it’s important for her to give back. “In this strike action, I am lucky to be able to support those who will struggle in a long action to sustain against Goliath. We will stand strong together against these powerful corporations who are bent on taking the humanity, the human dignity, even the human out of our profession. I am proudest of my fellow actors who have immediately offered to fund the Emergency Financial Assistance Program.”

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George, for his part, released his own statement on July 13 before the strike began. “We stand ready to get back to the table and make a fair deal with the AMPTP,” he said. “Until then, I’m proud to be able to support the SAG-AFTRA Foundation and my fellow actors who may be struggling in this historic moment. We’ve stood on the shoulders of the likes of Bette Davis and Jimmy Cagney and it’s time for our generation to give something back.”

He thanked Vance in particular for “his determination in putting this effort together by shedding light on the human toll happening right now, and how we can work together to alleviate some of the pain and suffering” from those currently struggling without work.

The Screen Actors Guild – American Federation of Television and Radio Artists (SAG-AFTRA) has been on strike since July 14 over an ongoing dispute with the Alliance of Motion Picture and Television Producers (AMPTP). The guild’s issues are regarding fairer wages, streaming residuals, artificial intelligence and other topics that could not be agreed upon by the AMPTP when drawing up a new contract. 

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SAG members took to the picket lines two months after the Writers Guild of America (WGA) went on its own strike over similar disputes with the AMPTP. It marks the first time that both the actors and writers unions have been on strike together since 1960. 

Beyond large donations, many celebrities have found their own ways to show their solidarity for both strikes, by either picketing outside New York City and Los Angeles-based studios or getting candid about their experiences in the industry. 

Mandy Moore, who starred as Rebecca Pearson for six seasons on the critically acclaimed show This Is Us, explained during an interview with The Hollywood Reporter last month that actors could be surviving on residuals between projects if they are paid fairly — but that’s not typically the case. 

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“We’re in incredibly fortunate positions as working actors having been on shows that found tremendous success in one way or another … but many actors in our position for years before us were able to live off of residuals or at least pay their bills,” she told the outlet, adding that she received “very tiny, like, 81-cent checks” for streaming residuals for the NBC hit. 

1st TV Shows Impacted by 2023 Writers Guild of America Strike

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Robert Carradine, who starred on Lizzie McGuire alongside Hilary Duff, brought his own receipts in support of the strike, sharing a photo via Instagram last week that revealed he earned “$0.00” in residuals for the show in August 2019, despite the entire series being available to stream on Disney+

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More Hollywood A-listers are matching Dwayne The Rock” Johnson’s $1 million donation to the SAG-AFTRA fund, more Hollywood A-listers are following suit.  “The entertainment industry is in crisis and the SAG-AFTRA Foundation is currently processing more than 30 times our usual number of applications for emergency aid. We received 400 applications in the last week 

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Can You Crack the Code to Film Distribution Success?

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In the ever-evolving film industry, getting your film in front of audiences can be a daunting task. With the rise of streaming platforms and shifting consumer habits, traditional distribution and sales strategies are no longer the only game in town. In this article, we’ll explore the various pathways for film distribution and sales, including working with distributors, sales agents, and platforms like Netflix and Amazon Prime.

Traditional Distribution
Traditional distribution involves partnering with a distributor who will handle the release of your film in theaters, on DVD, and through broadcast television. This can include major studios like Warner Bros. or Sony Pictures, as well as independent distributors like A24 or Magnolia Pictures. Distributors will typically take a percentage of the revenue generated by the film in exchange for their services.
Sales Agents
Sales agents, also known as film sales companies, act as intermediaries between filmmakers and distributors. They will often attend film festivals and markets, like the American Film Market or Cannes, to pitch your film to potential buyers. Sales agents will typically take a commission on any sales they secure.
Streaming Platforms
Streaming platforms like Netflix, Amazon Prime, and Hulu have revolutionized the way audiences consume film content. These platforms are increasingly becoming major players in the distribution and sales landscape. They often acquire films outright, bypassing traditional distribution channels.
Self-Distribution
With the rise of digital platforms, self-distribution has become a viable option for filmmakers. This involves handling distribution and sales in-house, often through a filmmaker’s own production company. Self-distribution allows for greater creative control and potentially higher profit margins.
Strategies for Success
So, how can filmmakers navigate this complex landscape? Here are a few key strategies to keep in mind:
  • Know your audience: Understand who your target audience is and where they consume content.
  • Build a strong online presence: Develop a website and social media channels to showcase your film and connect with potential buyers.
  • Attend film festivals and markets: Network with industry professionals and showcase your film to potential buyers.
  • Consider hybrid distribution models: Combine traditional distribution with self-distribution or streaming platforms to maximize reach and revenue.
Film distribution and sales have evolved significantly in recent years. By understanding the various pathways available, filmmakers can make informed decisions about how to get their film in front of audiences. Whether through traditional distribution, sales agents, streaming platforms, or self-distribution, the key to success lies in knowing your audience, building a strong online presence, and being flexible in an ever-changing landscape.

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Will Smith and Martin Lawrence Rev Up for ‘Bad Boys: Ride or Die’

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Will Smith and Martin Lawrence are hitting the road to promote their upcoming action-comedy flick, “Bad Boys: Ride or Die,” the fourth installment of the beloved “Bad Boys” franchise.

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Despite recent health concerns surrounding Lawrence, the duo’s chemistry remains intact as they embark on an extensive promotional tour across Europe. Smith has expressed gratitude for the unwavering support of fans and praised Sony Pictures for standing by him during challenging times.

The movie marks Smith’s return to the big screen after the infamous Oscars slap incident, and it centers around a quest to redeem the tarnished reputation of the duo’s late captain, Conrad Howard (Joe Pantoliano), who is posthumously accused of being an informant for a Mexican drug cartel.

While the response to “Ride or Die” will undoubtedly be seen as a commentary on Smith’s renewed box office appeal, Lawrence’s manic comic energy remains the driving force behind these films. His delivery of iconic lines during intense action sequences is unparalleled, and the movie understands the importance of crafting situations for him to shine.

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Smith, on the other hand, seems to be playing a more subdued role, allowing Lawrence to take center stage. If the slap incident led to a reevaluation of Smith as a leading man, “Ride or Die” offers a perfect vehicle to remind audiences of his exceptional talent.

As the summer release of “Beverly Hills Cop” with Eddie Murphy approaches, “Bad Boys: Ride or Die” serves as a reminder of the enduring appeal of breezily entertaining genre movies featuring movie stars. Will Smith isn’t going anywhere, and his collaboration with Martin Lawrence promises to be an entertaining ride for fans of the franchise.

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If you want to create awesome branded experiences that truly captivate your audience, look no further than Bolanle Media. Our team of experts specializes in crafting immersive, unforgettable events that seamlessly blend creativity and strategy. From product launches to experiential marketing activations, we’ll ensure your brand makes a lasting impression. With our finger on the pulse of the latest trends and technologies, we’ll help you engage customers in innovative ways they’ll be buzzing about. Don’t settle for ordinary – let Bolanle Media elevate your brand with extraordinary experiences tailored to your unique vision. Click this link to learn more and take your marketing to new heights.

 

 

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Michael Jackson’s Children Blocked from Trust Funds Over $700M Tax Dispute

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Michael Jackson’s three children – Prince, 27, Paris, 25, and Bigi, 22 – along with his mother Katherine, 94, have been barred from accessing funds from the late singer’s trust due to an ongoing legal battle between Jackson’s estate and the Internal Revenue Service (IRS) over a $700 million tax bill.

The dispute arose when the IRS audited the estate’s federal estate tax return and claimed that it had “undervalued its assets,” resulting in an additional $700 million in taxes and penalties owed. While the estate initially won in court in 2021, it later filed a motion for reconsideration regarding the court’s valuation of Jackson’s music catalog, which is still pending.

Michael Jackson and children

Until this case is resolved and the value of Jackson’s estate is determined, the IRS and the estate cannot agree on the deduction amount for the federal estate tax return. Consequently, the estate’s co-executors, John Branca and John McClain, have denied requests from the beneficiaries to release funds, citing the ongoing IRS audit.

Family Feud Over Legal Fees

The situation is further complicated by a separate legal feud between Katherine Jackson and her grandson Bigi. Katherine has been attempting to use funds from the estate to cover legal fees incurred while challenging the $600 million sale of Jackson’s music assets to Sony, a move supported by Bigi and approved by a judge.

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Katherine’s lawyer, Adam Pines, accused the executors of “trying to punish” her for contesting their actions and claimed they would have paid the legal fees if they were related to other litigation. Pines suggested the executors are intentionally withholding payments until Katherine passes away.

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Trust Distribution Requirements

According to the court filing, Jackson’s trust stipulates that 20% of his estate, as valued for federal estate tax purposes, should be donated to charity, with the remaining assets distributed to subtrusts. However, Katherine’s filing disputes the executors’ belief that charitable donations must be made before any distributions to beneficiaries, arguing that “nothing in the Trust requires those payments to be made before any preliminary distribution to other beneficiaries.”

Bigi, on the other hand, has requested the court deny Katherine’s request, stating that “a reversal on appeal would be an extreme longshot” and that her decision to appeal is “not for the benefit of the heirs.”

As the legal battle continues, the estate is providing for Jackson’s children and mother through a “family allowance,” but no funds from the trust itself will be distributed until the tax dispute is resolved and the estate’s value is finalized.

Stay Connected

If you want to create awesome branded experiences that truly captivate your audience, look no further than Bolanle Media. Our team of experts specializes in crafting immersive, unforgettable events that seamlessly blend creativity and strategy. From product launches to experiential marketing activations, we’ll ensure your brand makes a lasting impression. With our finger on the pulse of the latest trends and technologies, we’ll help you engage customers in innovative ways they’ll be buzzing about. Don’t settle for ordinary – let Bolanle Media elevate your brand with extraordinary experiences tailored to your unique vision. Click this link to learn more and take your marketing to new heights.

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