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Business degree human resource management

What Showbiz Can Expect As House Is Poised To Pass $1.9 Trillion Covid-19 Bill

· February 26, 2021 ·

The House of Representatives is expected to pass the American Rescue Plan tonight, an initial step toward giving Joe Biden his first major legislative achievement. The $1.9 trillion bill will likely draw few Republican votes, but Democrats have touted its popularity with the broader public, particularly those looking for additional Covid-19 relief. That includes much of the entertainment workforce, which throughout the pandemic has had to depend on Washington to address the unique nature of industry employment: So many are independent contractors and freelancers, and they fall outside the scope of regular benefits like unemployment. The legislation makes huge outlays for testing and vaccine distribution, but, like other Covid-19 relief bills, also focuses on workers and businesses who have been hardest hit. Related Story Golden Globes Aim To Go More Global & Intimate Than Ever For Sunday's Star-Studded Show Here’s what’s in the House bill: … [Read more...] about What Showbiz Can Expect As House Is Poised To Pass $1.9 Trillion Covid-19 Bill

AMC Entertainment Awards CEO Adam Aron $3.5 Million Special Bonus For “Extraordinary Effort” Navigating Covid

· February 26, 2021 ·

AMC Entertainment , the nation’s largest theater chain, said Friday it’s awarding CEO Adam Aron and other executives “supplemental special incentive cash bonuses” to recognize the challenge they faced  steering the embattled company on a financial rollercoaster over the past pandemic year. Corporate associates and theatre management will also get special bonuses, with all payouts coming from an authorized pot of $8.3 million. Today’s SEC filing only requires the company to break out its top five executives. Aron will receive $3,75 million; chief financial officer Sean Goodman, $507,500; John McDonald, EVP US/Canada operations, $194,550; Elizabeth Frank, VP Worldwide Programming and Chief Content Officer, $180,650; and Stephen Colanero, EVP,CMO, $173,875. Related Story House GameStop Hearing Delves Into Robinhood, Reddit And WallStreetBets The company said the bonuses are “to recognize the extraordinary efforts of employees to maintain the Company’s business … [Read more...] about AMC Entertainment Awards CEO Adam Aron $3.5 Million Special Bonus For “Extraordinary Effort” Navigating Covid

Oscar Winner Alfonso Cuarón Inks Overall TV Deal With Apple

· October 10, 2019 ·

Apple has finalized a multi-year overall deal with Alfonso Cuarón, the Oscar-winning Roma and Gravity filmmaker. Under the pact, which has been in the works for some time, Cuarón through his production company Esperanto Filmoj will develop TV projects exclusively for Apple TV+, the tech giant’s new streaming service that is prepping for its November 1 launch. No other details have been made available, but we hear the pact spans five years and is a state-of-the-art deal. Cuarón’s TV development will be exclusive to Apple+. On some of it, he is expected to collaborate with longtime partner Anonymous Content where the filmmaker has a non-exclusive deal. He also plans to team up with other creative collaborators. Cuarón’s longtime producing partner Gabriela Rodriguez will run Esperanto Filmoj’s day-to-day operations out of its London headquarters. Related Story Oscar-Winning 'Roma' Director Alfonso Cuarón Signs With WME The Mexican filmmaker is coming off … [Read more...] about Oscar Winner Alfonso Cuarón Inks Overall TV Deal With Apple

AMC Entertainment Top Execs Take Salary Cuts To Boost Stock

· February 27, 2020 ·

UPDATED with details of executive compensation plan: In an unusual move for a big public company and a bid to buck up the malingering stock, AMC’s 14 top executives including CEO Adam Aron agreed to slash their cash salary and bonuses for three years in exchange for stock that will only vest if the price doubles or triples. Their cash payouts will be shaved by 15% and other compensation will be tweaked too. Aron said during a post-earnings conference call that it’s a $1.6 million hit for him personally over three years but he’s doing it because he and other managers believe really strongly the shares are “fundamentally mispriced at current levels.” In lengthy remarks he basically declared war on AMC’s $6 stock, which has declined by over 50% in the past year, and over 80% in the past five. AMC said all senior officers have signed on to the new pay regime except ones retiring during the period. Two recent new hires also agreed to accept lower compensation than they were … [Read more...] about AMC Entertainment Top Execs Take Salary Cuts To Boost Stock

The Ballad of Mike Love

· February 17, 2016 ·

M ike Love bounds up the stairs inside his massive Lake Tahoe home (10 bedrooms in all, 12 bathrooms, two elevators, not to be believed) and into a large walk-in closet stuffed to overflowing with garish, multicolored shirts and a gazillion baseball caps, many of them emblazoned with the name of his band, the Beach Boys . A suitcase rests on the floor. Love nods at it, prods it with his foot. “A lot more shirts are in there,” he says, “because, if you must know, I haven’t unpacked.” And why should he unpack? For the past 54 years, he and various versions of the Beach Boys , which these days include only him as an original member, have toured almost constantly. On his current outing, he has 172 dates lined up, cramming 19 European shows into 22 days this past December, for instance, and shortly thereafter flying back stateside to give the 6,500 citizens of tiny Avon, Colorado, the chance to hear all about California girls. From there, it’s onward, evermore, venues big and small, … [Read more...] about The Ballad of Mike Love

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