Funding: Celebs Rumors

+65

All news where Funding is mentioned

variety.com
Entertainment Investment Firm Coral Tree Partners Exceeds Inaugural Funding Target With $470 Million
Jennifer Maas TV Business WriterEntertainment-focused private investment firm Coral Tree Partners has closed its inaugural round of funding with committed capital of approximately $470 million, well above the initial target of $350 million.Per Coral Tree, inaugural fund was “significantly oversubscribed above its original hard cap” and “received strong support from a range of high‐quality institutional investors, including endowments, foundations, insurance companies, pension plans, institutional family offices and funds‐of‐funds.”Founded by former Shamrock Capital Advisors partners Will Wynperle and Alan Resnikoff, Coral Tree Partners is focused on investments in the media, entertainment, marketing services, and communications industries, lower middle market buyouts, and late state growth equity investments. Currently, the Los Angeles-based company has two investments to its name: Loaded, a Santa Monica, Calif.‐based global talent management and marketing firm that works in the gaming influencer market, and Subject Matter, a Washington, D.C.‐based strategic communications, creative content, advertising and government relations firm.Along with Wynperle and Resnikoff, the Coral Tree Partners team includes Mike DiLorenzo, Matt Greenzang and Jake Simons, who have worked with the founders previously, as well as a group of executive advisors comprised of several CEOs, including the former CEOs of Giant Creative, Learfield Sports, MarketCast and Questex.“Our investment experience in our sectors combined with our lower middle market focus differentiates us in the market,” Wynperle said.
nme.com
Help Musicians to provide new funding, advice and services for touring artists affected by Brexit
the much-criticised Brexit deal – which, former minister David Frost recently admitted, presents “a whole set of problems” for touring musicians and their crew – and to help reset the live music industry following the COVID-19-enforced shutdown of recent years.Help Musicians has today (March 29) announced that it will be providing £250,000 in financial support for touring musicians, with artists eligible to receive up to £5,000 each towards “their plans to drive their careers forward and propel their forthcoming releases”.The financial support is expected to help cover touring expenses, session musician and crew fees, PR and marketing, merchandise, a proportion of international administration fees (such as visas and carnets) and more.Help Musicians is also seeking to provide advice to musicians by funding 30-minute consultations with Viva La Visa, a service pioneered by the Incorporated Society of Musicians and The Musicians’ Union.“Through this support, the charity aims to help musicians re-build their careers post-restrictions and provide practical advice to musicians wishing to tour,” a press release further explains. “The service will help them better understand the complex requirements from working/traveling abroad, and mitigate against the financial risks now associated with touring, especially in Europe.
starobserver.com.au
Withdraw Public Funding For Brisbane’s Citipointe Christian College, Say LGBT Advocates
Brisbane-based Citipointe Christian College is once again in the news, this time for asking teachers and staff to sign employment contracts that threaten to sack them for being openly LGBTQI.LGBTQI advocacy group Just.Equal has said that school should be stripped of public funding. “Religious schools cannot continue to defy discrimination laws and public opinion, and expect to receive public funding,” Just.Equal Australia spokesperson Brian Greig said in a statement.  “There comes a limit where taxpayers should no longer be expected to fund bigotry, and Citipointe has reached that limit.” Protests Outside Citipointe Christian College (Screen Grab of Nine Entertainment video)According to The Guardian, the employment contract for teachers was dated in February, after the controversy erupted over the enrolment contract. The document says that teachers agree to work within the statement of faith of International Network of Churches that runs the school. “It is a genuine occupational requirement of the college that the employee not act in a way he knows, or ought reasonably to know, is contrary to the religious beliefs of the college,” the contract says.“Nothing in his/her deliberate conduct should be incompatible with the intrinsic character of their position, especially, but not only, in relation to the expression of human sexuality through heterosexual, monogamous relationships, expressed intimately through marriage.”In a statement, Citipointe college said that it was reviewing the employment contract. “Citipointe Christian College can confirm that no member of staff has had their employment terminated for failing to sign their employment contract,”  the school said in a statement published on its website. “One staff
DMCA