article via thegrio.com
BALTIMORE (AP) — The CEO of Baltimore-based sports apparel company Under Armour is responding to criticism he received after calling President Donald Trump “an asset to the country.” Kevin Plank wrote an open letter to Baltimore published as a full-page advertisement in The Baltimore Sun Wednesday.
He wrote that his choice of words during an interview with CNBC last week “did not accurately reflect my intent.” Three celebrities the company sponsors — basketball star Stephen Curry, actor Dwayne “The Rock” Johnson and ballerina Misty Copeland — were among those voicing concerns about his praise of Trump.
Plank says the company stands for equal rights and job creation and believes “immigration is a source of strength, diversity and innovation for global companies based in America.” He says the company opposes the president’s travel ban.
Source: Under Armour CEO walks back Trump praise after backlash from brand’s top celebrity endorsers | theGrio
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article by Katie Richards via adweek.com
Some of Under Armour’s biggest celebrity endorsers – ballet dancer Misty Copeland, NBA star Stephen Curry and Hollywood icon Dwayne “The Rock” Johnson—are speaking out against the apparel brand’s CEO for referring to Donald Trump as “a real asset” to American businesses.
In an interview earlier this week with CNBC, Under Armour CEO Kevin Plank shared several positive thoughts about Trump as a leader and supporter of corporations: “He’s highly passionate. To have such a pro-business president is something that’s a real asset to this country,” Plank said on Halftime Report. “I think people should really grab that opportunity. … He wants to build things. He wants to make bold decisions, and he wants to be decisive. I’m a big fan of people who operate in the world of ‘publish and iterate’ versus ‘think, think, think, think.’ so there’s a lot that I respect there.”
His comments led to a flurry of criticisms on Twitter and have now percolated to some of the brand’s top star athletes and performers. Copeland, star of the brand’s iconic “I Will What I Want” ad, uploaded a lengthy post to Instagram today. While she praises the brand for supporting her over the years, Copeland did not mince words about Trump. “I strongly disagree with Kevin Plank’s recent comments in support of Trump as recently reported,” she wrote in the Instagram post. “Those of you who have supported and followed my career know that the one topic I’ve never backed away from speaking openly about is the importance of diversity and inclusion. It is imperative to me that my partners and sponsors share this belief.”
She said she has spoken with Plank privately about his opinions in great detail but that, “as someone who takes my responsibility as a role model very seriously, it is important to me that he, and UA, take public action to clearly communicate and reflect our common values in order for us to effectively continue to work towards our shared goal of trying to motivate ALL people to be their best selves.”
With more than 10 million views, Copeland’s Under Armour ad from 2014 was a huge hit for the brand and resonated across the industry as an example of how marketing could celebrate strong women. Since the ad debuted, Copeland developed her own Under Armour clothing line, appeared on the cover of Time magazine and was named by the American Ballet Theater as its first African-American principal dancer. She hasn’t been alone in criticizing the brand’s founder and top executive.
Another major endorser for the brand, Golden State Warriors point guard Curry, also spoke out against Plank, although less directly than Copeland. When asked by The Mercury News about Plank’s description of Trump as “a real asset,” Curry responded by saying, “I agree with that description, if you remove the ‘et’ from asset.”
Dwayne “The Rock” Johnson also posted his response to Plank on Instagram. “These are neither my words, nor my beliefs,” Johnson writes. “His words were divisive and lacking in perspective. Inadvertently creating a situation where the personal political opinions of UA’s partners and its employees were overshadowed by the comments of its CEO.”
To read more, go to: Under Armour’s Star Endorsers Are Coming Out Against the CEO’s Pro-Trump Statements – Adweek
article by Tania Ganguli via latimes.com
In his first public comments since being hired as an advisor to Lakers governor and co-owner Jeanie Buss, Magic Johnson tread softly about the Lakers executive of whom he has been most critical through the years. His role, he said, was simply to help in any way he could.
“Jim [Buss] is calling the shots,” Johnson said during an interview with Spectrum SportsNet, the station that holds the rights to Laker broadcasts. “I want him to understand I’m just here to lend advice.”The Lakers hired Johnson on Thursday, two weeks after Johnson and Jeanie Buss were seen having dinner before watching a Lakers game together. Johnson’s duties will include “collaborating with coaches, evaluating and mentoring players, assessing future franchise needs, and helping ownership to determine the best path for growth and success,” according to a release on the team website.
Johnson, who was not available to other media outlets, described a versatile role, where he will advise team executives and employees on everything from business to basketball should they want it.He also indicated he did not want to force his way into any situation. He said he was open to helping Lakers Coach Luke Walton in working with players, but also open to being uninvolved in the players’ day-to-day development if Walton was comfortable with that. “What I want to do is try to just, little by little build the Lakers back up to where they should be,” Johnson said.
Johnson spent 13 seasons playing for the Lakers, winning five championships and three MVP awards. During that time, he grew especially close with late Lakers owner Jerry Buss, Jeanie and Jim’s father. The elder Buss sold an ownership stake in the organization to Johnson after he retired from playing. Johnson, who also has an ownership stake in the Dodgers and Sparks, sold his share of the Lakers in 2010.
To read full article, go to: Lakers hire Magic Johnson to advise ownership – LA Times
article by Billie1225 via eurweb.com
Black Television News Channel (BTNC), the nation’s only African American news network, is announcing a multi-year carriage agreement with Charter Communications, a leading broadband communications company and the second largest cable operator in the United States.
Under the agreement, Charter Communications will launch BTNC to Spectrum TV subscribers in 14 of the top 25 African American TV markets. These markets include New York City, Atlanta, Los Angeles, Dallas, Detroit, Boston, Tampa, Orlando, Cleveland, Charlotte, Birmingham, Norfolk, Raleigh-Durham, and New Orleans. BTNC now has carriage agreements with three of the four major subscription television providers.
Black Television News Channel
BTNC’s network operations center will be located on Florida A&M University’s campus in Tallahassee, Florida. The network operation center will be the first 4K ultra HD newsgathering and production infrastructure of its kind and will include a multimillion-dollar media training center for aspiring young black journalists.
BTNC’s news programming will employ a multi-platform approach that uses traditional linear cable and satellite service for television viewing while also introducing enhanced television services, social media applications, and e-commerce features. BTNC is expected to create more than 100 new jobs in its host city.
BTNC is the endeavor of J.C. Watts, Jr., former congressman from Oklahoma and broadcast and cable news veteran. BTNC’s programming mission is to provide intelligent programming that will inform, educate, inspire, and empower its African American audience.
To read full article, go to: http://www.eurweb.com/2017/02/black-television-news-channel-announces-agreement-with-charter-communications/
article by Barbara Thau via forbes.com
For Starbucks CEO Howard Schultz, caramel macchiatos and pumpkin spice lattes are as integral to the coffee-chain’s brand as its college tuition reimbursement and veterans hiring programs.
Now Schultz is once again flexing Starbucks’ “conscious capitalism” muscles with a plan to hire 10,000 refugees at its restaurants worldwide, he said in a letter to employees on Jan. 29 that’s posted on Starbucks’s website.
The move is a swift, direct response to Donald Trump’s executive order to effectively ban people from predominantly Muslim countries from entering the U.S. (including Somalia and Sudan), including refugees fleeing wars. As Schultz sees it, Starbucks’ new pledge is designed to ring an alarm bell with a vigor that the moment calls for.
“We are living in an unprecedented time, one in which we are witness to the conscience of our country, and the promise of the American Dream, being called into question,” he said in the letter. “These uncertain times call for different measures and communication tools than we have used in the past.”
Starbucks is hashing together a plan to hire 10,000 of the world’s 65 million refugees over the next five years in the 75 countries where it operates stores, starting with the U.S. market.
Under Schultz’s direction, Starbucks has long viewed business and what’s been called ethical retailing, or conscious capitalism, as related paths. And Schultz has carved a distinct niche as a social-activist CEO, of sorts. He has repeatedly pointed to his upbringing in a low-income family in the Bayview Housing projects in Brooklyn New York as informing his philanthropic outlook.
It’s one that’s reflected in Starbucks’ policies, such as its pioneering move in 1988 to offer health insurance for part time workers, to backing causes from high unemployment to countering racism.
To read more, go to: http://www.forbes.com/sites/barbarathau/2017/01/30/starbucks-to-hire-10000-refugees-in-latest-expression-of-conscious-capitalism/#5610d9cb622c
article by Sameer Rao via colorlines.com
Culture critic and “Bad Feminist” author Roxane Gay told Buzzfeed News yesterday (January 25) that she split with her next book’s publisher, Simon & Schuster, over its recent deal with infamous Breitbart journalist and banned Leslie Jones Twitter troll Milo Yiannopoulos. The Hollywood Reporter first revealed in late December that Yiannopoulos signed a $250,000 book deal with Simon & Schuster’s conservative-leaning imprint Threshold Editions.
“When the announcement about Milo’s book first came out, I was relieved because I thought I didn’t have a book with Simon & Schuster and tweeted something to that effect,” said Gay to Buzzfeed News. “Then I remembered my TED Book and that TED is an imprint of Simon & Schuster.”
TED Books slated Gay’s “How to be Heard” for publication in March 2018. It is still listed on Simon & Schuster’s website. “I was supposed to turn the book in this month and I kept thinking about how egregious it is to give someone like Milo a platform for his blunt, inelegant hate and provocation,” she continued. “I just couldn’t bring myself to turn the book in. My editor emailed me last week and I kept staring at that email in my inbox and finally over the weekend I asked my agent to pull the book.”
To read full article, go to: Roxane Gay Pulls Simon & Schuster Book Deal Over Milo Yiannopoulos’ Advance | Colorlines
article by Adebola Adeniyi via venturesafrica.com
On Wednesday, a United States Attorney, Preet Bharara, filed a suit in Manhattan against multinational bank, JPMorgan Chase & Co., after over 53,000 African-American and Hispanic borrowers were charged more for home loans than white borrowers with the same credit and risk profiles by the bank’s authorised mortgage brokers.
JPMorgan Chase & Co was indicted by the mortgage brokers the bank engages in originating loans, and in this case, wholesale loans were disbursed to clients. According to an allegation made by a compliant, Chase allowed brokers to change rates charged for loans from those initially set based on objective credit-related factors.
The banking institution was found guilty of knowingly violating the US Fair Housing Act and the Equal Credit Opportunity Act between 2006 and 2009. There were claims that the bank acted with careless disdain towards over 53,000 African-American and Hispanic borrowers. The spokeswoman for JPMorgan, Elizabeth Seymour said the bank agreed to settle the allegation made by the complaint but denies any form of misconduct reaffirming that the bank is dedicated to providing equal access to credit.
To read full article, go to: JPMorgan to pay $55 million in racial discrimination suit – Ventures Africa
Also: http://www.usatoday.com/story/money/2017/01/18/us-accuses-jpmorgan-mortgage-discrimination-lawsuit/96710486/
article by Brent Lang via Variety.com
Fox 2000 and Chernin Entertainment’s “” dominated the domestic box office, topping charts for the second straight weekend after earning $26 million. The film’s message of empowerment and triumph over prejudice was amplified by the Martin Luther King Jr. holiday weekend.
“This continues to be a movie for everyone,” said Chris Aronson, Fox’s head of domestic distribution. “It’s not just entertaining. It’s life affirming. It celebrates the triumph of the human spirit and that’s so important in these times.”
“Hidden Figures” is a latecomer to the awards season race, but the film, which stars Taraji P. Henson, Octavia Spencer and Janelle Monae as African-American scientists and mathematicians in the early days of the space program, ranks as one of the most successful dramas of 2016. So far, it has earned $60.4 million. That commercial success could translate into Oscar attention when Academy Award nominations are announced next week.
It will likely face fierce competition from “La La Land,” a critically beloved movie musical with Emma Stone and Ryan Gosling. Fresh off its sweep of the Golden Globe awards, “La La Land” sang and danced its way to $17.5 million over the holiday period, good enough for a third place finish. That brings the Lionsgate release’s domestic total to $77 million and more than $132 million globally.
To read full article, go to: http://variety.com/2017/film/box-office/hidden-figures-box-office-live-by-night-monster-trucks-silence-1201961015/
article by Scott Mendelson via forbes.com
With the always present caveat that “rank doesn’t matter,” it turns out that Hidden Figures was the top movie of the weekend, not Rogue One: A Star Wars Story. As you probably know, the weekend box office that everyone reports on Sunday is comprised of estimates and when the rankings are close the order can sometimes shift when the final numbers drop. So yeah, Hidden Figures earned a terrific $22.8 million, about $1m more than estimated, which is a sign that the film is building on its buzz and word-of-mouth.
Meanwhile, Rogue One had to settle for a $22m fourth weekend, bringing its domestic total to $477.3m. The story though, isn’t necessarily that Hidden Figures, which stars Taraji P. Henson, Octavia Spencer, Janelle Monáe, Mahershala Ali, Kirsten Dunst, Jim Parsons and Kevin Costner, bested the fourth weekend of Star Wars (or the third weekend of Sing) in its wide release debut. No, it’s that Hidden Figures, a historical drama about female African-American NASA mathematicians whose skills were essential to putting Americans into space, earned $22.8 million on its opening weekend, bringing the domestic total for the $25m Fox 2000/Chermin release to $24.7m.
At the risk of stating the painfully obvious, the triumph of said Allison Schroeder/Ted Melfi-written studio programmer, based on Margot Lee Shetterly’s book, is a huge win for the notion that movies about women, women of color no less, can be not just critically acclaimed and award-worthy but also multiplex-friendly box office hits. This shouldn’t be a surprise. We should know this by now. The Help earned $169 million domestic in 2011, more than X-Men: First Class ($146m), and earned about as much worldwide ($216m) as the 3D/$200m+ Green Lantern ($219m).
Back in 1995, Waiting to Exhale made about as much domestically ($67.4m) as Bad Boys, Outbreak and Heat. The entire Tyler Perry media empire is built on audiences (black women and otherwise) going to movie theaters to see mainstream melodramas about African-American women. Hell, we forget about it now, but Steven Spielberg’s The Color Purple earned $94.1 million domestic in 1985 ($216m in 2017 dollars). That doesn’t mean every Baggage Claim is going to break out, but if you treat movies like Hidden Figures like an event, the audience will show up.
To read more, go to: Box Office: ‘Hidden Figures’ Topped ‘Rogue One,’ But Its Real Victory Was That $22.8M Debut
article by Seth Kelley via Variety.com
Heading into the weekend, a tight race was projected between “Rogue One: A Star Wars Story,” “Sing” and “Hidden Figures,” the latter of which showed a strong expansion judging by early estimates. Sure enough, Fox’s “Hidden Figures” earned $7.6 million at 2,471 locations to win Friday, on its way to an estimated $21 million for the weekend.
“Rogue One,” meanwhile tacked on an additional $6.1 million at 4,157 theaters, shooting to a potential $24 million this weekend. Illumination-Universal’s animated comedy “Sing” made $5.1 million on Friday from 3,955 theaters and should make about $23 million by the weekend’s end.
Taraji P. Henson stars in “Hidden Figures” as Katherine Johnson, an African-American mathematician who, along with her colleagues Dorothy Vaughan (Octavia Spencer) and Mary Jackson (Janelle Monae), helped NASA advance in the Space Race. Kevin Costner, Kirsten Dunst and Jim Parsons also star. Fox 2000 Pictures, Chernin Entertainment, Levantine Films and TSG Entertainment produced the film distributed by Fox. The awards season contender also performed well in limited release with $2.9 million from 25 locations since Dec. 25.
To read full article, go to: Box Office: ‘Hidden Figures,’ ‘Rogue One,’ ‘Sing’ Fight for First | Variety