adplus-dvertising
Connect with us

Media

Everything to Know About the Media’s Reckoning With Racism – Vulture

Published

 on


Photo-Illustration: Vulture, Getty Images and Shutterstock

The first week of June 2020 brought a reckoning for the media industry. As the country protested, and continues to protest, the systemic racism and police brutality that led to the deaths of black Americans — including George Floyd, Breonna Taylor, Ahmaud Arbery, Tony McDade, David McAtee, Nina Pop, and countless others — current and former media staffers called out the racism at their publications. As largely black staff members and other staffers of color share their experiences with racism in media, from pay disparity to unequal treatment to critical management, other outlets have published coverage that has been described as tone-deaf and dangerous. Some of the leaders at these companies have resigned or stepped back, including top editors at Bon Appétit, the New York Times, Refinery29, Variety, and The Philadelphia Inquirer, while other companies are being called on to better their policies. Here’s your guide to the media industry’s ongoing reckoning with racism, listed alphabetically.



Bon Appétit

Amid ongoing allegations of racism and unequal treatment at Bon Appétit, editor-in-chief Adam Rapoport has resigned. After Rapoport passed on a pitch by Puerto Rican food columnist Illyanna Maisonet, his response to her about wanting more “accessible” food content circulated on Twitter on June 6, along with criticisms of Bon Appétit for letting mostly white editors write about Latinx food. Writer and wine professional Tammie Teclemariam then tweeted a photo on June 8 of Rapoport in brownface for a 2013 Halloween costume, writing, “I do not know why Adam Rapoport simply doesn’t write about Puerto Rican food for @bonappetit himself!!!”

Assistant editor and Test Kitchen cast member Sohla El-Waylly called on Rapoport to resign, writing, “I am angry and disgusted by the photo of Rapoport in brownface” on her Instagram Story. She called his actions part of the “systemic racism that runs rampant within Condé Nast as a whole.” Test Kitchen contributor Priya Krishna called the photo “fucked up, plain and simple” on Twitter. Associate editor and Test Kitchen cast member Christina Chaey revived her dormant Twitter to write, “I am disgusted and humiliated by my editor-in-chief’s actions. It is a disgrace to my colleagues of color who have been doing the real, all-too-often invisible labor.” Other current staff, including research director Joseph Hernandez, criticized Rapoport’s actions, while former photographer Alex Lau tweeted that he left Bon Appétit in part because “white leadership refused to make changes that my BIPOC coworkers and I constantly pushed for.” Rapoport announced his resignation on Instagram on June 8, writing that he had “not championed an inclusive vision” and needed “to allow Bon Appétit to get to a better place.” Healthyish editor Amanda Shapiro will run the magazine in the interim, but told the New York Times she wants a person of color tapped for the permanent position.

Business Insider’s June 9 report on Bon Appétit detailed Rapoport’s discriminatory and demeaning behavior toward staff, including that he would ask his assistant, Ryan Walker-Hartshorn, to work on weekends and denied her a raise just days before his resignation. (Walker-Hartshorn says she is the only black woman at Bon Appétit.) Once, when she asked how Rapoport wanted his coffee, he said, “I don’t know, like Rihanna.” Walker-Hartshorn told Business Insider that Rapoport keeps the photo of him in brownface in his desk, while Rapoport told the outlet over text, “On the record: I was not wearing makeup or face coloring of any sort in that photograph.” He additionally insisted the costume was not brownface over multiple emails to Jezebel, and eventually claimed that his emails, in response to a request for a quote, had been off the record. On June 10, the magazine released a statement responding to Rapoport’s firing, acknowledging that the staff “have been complicit with a culture we don’t agree with and are committed to change.” The magazine said it planned to work with more people of color, focus on marginalized communities, launch new columns, and overhaul current publishing and recipe-development protocols.

Teclemariam resurfaced another instance of racism at Bon Appétit on June 9, tweeting about a Confederate-flag cake that Test Kitchen cast member and drinks editor Alex Delany once posted to his Tumblr. “I’m not posting a screen cap because y’all already know it’s true,” she added, although the cake has since been taken off Tumblr. According to the post, Delany baked the cake for a friend moving to South Carolina. He apologized for the cake on his Instagram Story shortly after it surfaced, explaining that while he was 17 at the time and should have understood that the flag was “a despicable symbol,” “it does not reflect the values that I hold now.” Delany continued, “The significance of the failure is not lost on me,” adding that he would donate his next paycheck to the NAACP Legal Defense and Educational Fund. More of Delany’s past discriminatory actions have since come out, including a vine where he says a gay slur and past misogynist tweets. He hasn’t addressed either, but has deleted the vine and his Twitter account. Delany has joined the Test Kitchen in boycotting videos until pay parity is guaranteed for cast members of color, and previously posted to his Instagram Story that he was “disgusted” by Rapoport’s brownface photo.

Former associate editor Alyse Whitney, who spoke to Business Insider about her time at Bon Appétit, tweeted about additional experiences. She called interim editor Shapiro “a huge part of perpetuating the toxic culture at Bon Appétit,” citing that she tried to cut one of Whitney’s interviews on the day of the photo shoot. She added that Andy Baraghani, a senior food editor and Test Kitchen chef, twice “went directly to my editor to try to kill a story based on petty feelings about Antoni Porowski.” The issues at Bon Appétit have proved to be a symptom of the larger issues at Condé Nast.



Condé Nast

Criticisms of racism at Bon Appétit gave way to larger allegations of inequality at parent company Condé Nast, which led to head of video Matt Duckor’s departure on June 10. Reacting to Rapoport’s brownface photo on June 8, Test Kitchen cast member Sohla El-Waylly said she was not paid for video appearances. “I’ve been pushed in front of video as a display of diversity,” she wrote on an Instagram Story, adding that she was hired to be an assistant editor on a $50,000 salary and was not paid for her video work. “Only the white editors are currently paid for their video appearances.” A Condé Nast spokesperson told Variety the allegation was untrue. Test Kitchen cast member Molly Baz, a senior food editor, wrote on her Instagram Story that she would not appear in more videos until her colleagues of color were compensated, and called on other Test Kitchen chefs to join. Cast members — including Claire Saffitz, Brad Leone, Carla Lalli Music, Andy Baraghani, and Chris Morocco — committed to not shoot new videos until Condé Nast adequately paid cast members of color.

Condé Nast replied on Twitter on June 8, writing, “As a global media company, Condé Nast is dedicated to creating a diverse, inclusive and equitable workplace. We have a zero-tolerance policy toward discrimination and harassment in any forms.” A later tweet added, “Consistent with that, we go to great lengths to ensure that employees are paid fairly, in accordance with their roles and experience, across the entire company.” This prompted more allegations of pay inequality and inadequate compensation on Twitter, from former staff at brands like Vogue, Pitchfork, and Wired. At a town hall on June 9, Condé Nast CEO Roger Lynch told staff, “I think if people had used the internal channels and raised concerns about this earlier on, we would’ve been able to address them,” according to Daily Beast media reporter Max Tani. Lynch announced the company would study its pay equity and is “accelerating our first ever diversity and inclusion report to be published later this summer.” Later that day, “Page Six” obtained a June 4 letter from Vogue editor-in-chief Anna Wintour to her staff. “We have made mistakes too, publishing images or stories that have been hurtful or intolerant. I take full responsibility for those mistakes,” Wintour wrote. “It can’t be easy to be a Black employee at Vogue, and there are too few of you. I know that it is not enough to say we will do better, but we will — and please know that I value your voices and responses as we move forward.”

Some have called for Matt Duckor, Condé Nast’s head of programming who oversees Test Kitchen video content, to be fired. Black food journalist Hawa Hassan, who stopped working with Bon Appétit after being paid $400 each for two videos, wrote on her Instagram Story on June 9, “Today is a good day for @mattduckor to step down.” According to Business Insider, Test Kitchen chefs with their own shows have “lucrative” Condé Nast Entertainment contracts, either as freelancers or in addition to their Bon Appétit positions. Also on her Story, Hassan explained that she filmed the two Test Kitchen videos after pitching the show Hawa at Large to focus on African cuisine, which Condé Nast never picked up. On June 8, Duckor wrote on Twitter that he “demand[s] that everyone appearing on camera be compensated accordingly for their work immediately.” Twitter user @noahadamz then tweeted multiple screenshots of past racist and anti-gay comments by Duckor on June 9, writing that “diversity is just a joke to @mattduckor and leadership at @bonappetit and @CondeNast” and calling for Duckor’s resignation. Duckor apologized the same day, tweeting, “My words were inappropriate and hurtful. At the time, I thought I was making a joke — but even my 20-year-old self should have seen that the remarks weren’t remotely funny.” He added that he was “taking the necessary steps to make change” and was “sorry to those I’ve let down.”

An extensive June 9 Business Insider report shed further light on Condé Nast’s issues with pay disparity and diversity. El-Waylly’s current salary is $60,000, she told Business Insider, and she appears in Test Kitchen videos outside her job description and without corresponding pay. On occasions when El-Waylly had asked Rapoport and Duckor for an accurate Condé Nast Entertainment contract, they told her they were working out legal issues. She told Jezebel that she had even shot two series pilots without a Condé Nast Entertainment contract. An hour after she publicized the pay gap on Instagram, Duckor sent her a contract for an additional $20,000 — which she was “insulted and appalled” by, she told Business Insider, citing that other contracts had higher earning potential. Duckor left Condé Nast on June 10, according to Business Insider, after he was previously under investigation at the company. An email from Condé Nast Entertainment president Oren Katzeff, obtained by Business Insider, thanked employees for their “honesty and candor,” with Katzeff writing, “We’ve already started the process of reviewing our practices and over the next week we’ll be bringing forward a plan of action centered on diversity and inclusion.”

A separate incident from the Business Insider story highlighted the Test Kitchen’s exclusivity. After two former editors of color, Nikita Richardson and Alyse Whitney, were talking with Brad Leone and Alex Delany in the test kitchen, Carla Lalli Music, then food director, sent an email to a group of staff — including Richardson, Whitney and Delany — telling them not to visit the test kitchen without permission. (Richardson currently writes for New York Magazine’s the Strategist.) Delany continued to visit the test kitchen without issue after receiving the email, they said. On Twitter on June 10, Lalli Music posted the email and apologized, tweeting, “I am sorry I hurt them. The fact that they felt excluded and others (white males) did not is reflective of BA’s toxic culture writ large.”



New York Magazine

New York itself has recently addressed criticisms. After the June 8 issue featured a cover image of the George Floyd protests taken by a white photographer, editor-in-chief David Haskell and director of photography Jody Quon responded in a statement. “We hear you. The magazine cover is a powerful platform, and we must pay close attention to whose voice and lens it showcases,” they wrote in a June 7 comment on Quon’s Instagram post of the cover. “We appreciate the criticism. We’ll use it to make a better magazine going forward.”

The Cut suspended beauty-editor-at-large Jane Larkworthy on June 9 for a comment she made on Adam Rapoport’s resurfaced brownface photo, writing, “This was so dead on, I was so afraid of you two that night!!!!!” The comment “does not represent the values of the Cut, and we’re sorry for the pain it has caused, in particular for the Latinx community,” Cut editor-in-chief Stella Bugbee wrote on Twitter. Larkworthy tweeted on June 8 that the comment was “shameful,” and “What’s even more shameful is that I didn’t approach the people in the photograph at the time and tell them why this was racist.”



The New York Times

New York Times editorial-page editor James Bennet resigned on June 7, after publishing an op-ed widely regarded as dangerous to black people. Deputy editorial-page editor Jim Dao, who oversaw the op-ed, was reassigned to the newsroom. The Times published an online essay by Arkansas senator Tom Cotton titled “Send in the Troops” on June 3, calling for “an overwhelming show of force to disperse, detain, and ultimately deter lawbreakers” during current national protests. After the op-ed’s publication, Times staff members tweeted a variation of “Running this puts Black @nytimes staff in danger,” with other users joining the call.

Bennet had defended the decision to publish the essay on his Twitter, writing, “We understand that many readers find Senator Cotton’s argument painful, even dangerous. We believe that is one reason it requires public scrutiny and debate.” The newspaper eventually decided the op-ed did not meet its editorial standards, and publisher A.G. Sulzberger — who formerly defended the essay — told the newsroom on June 5 that it “should not have been published.” Bennet had been third-in-command at the newspaper, and the widely regarded front-runner for executive editor when Dean Baquet leaves by September 2022. Deputy editorial-page editor Katie Kingsbury will oversee the department through the November 2020 election.



Paper

Former culture editor Michael Love Michael publicized their resignation from Paper magazine, where they had been one of two black staff members, on June 2. According to screenshots Michael tweeted, they sent an email about their departure in reply to a company email committing to “using our voice to help bring awareness and change to a system that continues to violate the rights of people of color.” Michael replied, “Seeing this call now to be sensitive to Black people, is woefully late for me, the last Black editor you had,” calling the company’s message “performative at best and hypocritical at worst,” given the company’s treatment of black staff. Michael added, “I’ve fought extremely hard for equal treatment. I have felt sidelined almost every time.”

After Tom Florio, the CEO of Paper owner ENTtech, exchanged emails with Michael, Florio wrote, “I do not agree with your assessment of your position at Paper.” He added, “We asked you why you were leaving and you told us it was personal. We respected your position. To insinuate that this was a race issue is disingenuous.” The Paper Twitter account replied to Michael’s tweet on June 3: “I’m the Black social media editor MLM mentioned and I absolutely stand with them. Nobody here fucks w what the CEO said.”

Florio responded to Michael via Paper’s Twitter on June 4, writing, “This week I gained a lesson in my own failures of communication and yes, self-awareness.” He added in a later tweet, “I owe it to [Michael] and all of you to make sure every member of our team, from every background, feels valued and appreciated — not just with words but with actions. I am currently working on that in collaboration with the PAPER team.” According to a staff statement to WWD on June 4, Paper will slow its general output, focusing efforts on protest and racial-justice news until management can “address the systemic racism” at the company. Michael has been sharing statements about racism from other former Paper staff of color on their Twitter.



The Philadelphia Inquirer

In response to a widely criticized decision to print a story with the headline “Buildings Matter, Too,” Philadelphia Inquirer executive editor Stan Wischnowski resigned from the newspaper on June 6. The column by architecture critic Inga Saffron appeared in the June 2 issue. The paper apologized on June 3, writing, “The headline offensively riffed on the Black Lives Matter movement, and suggested an equivalence between the loss of buildings and the lives of black Americans. That is unacceptable.” The same day as the apology, Inquirer journalists of color published a letter to the paper’s leadership, writing, “We’re tired of shouldering the burden of dragging this 200-year-old institution kicking and screaming into a more equitable age.” Dozens called in “sick and tired” on June 4, after 44 staff members signed the letter. Saffron also apologized for the “unfortunate headline” on June 4, tweeting, “I am deeply sorry for the trauma it caused black people in Philly, and my black and brown newsroom colleagues.”



The Pittsburgh Post-Gazette

The staff pushed back at the Pittsburgh Post-Gazette, where a black reporter was banned from covering protests. On May 31, Alexis Johnson tweeted photos from a Pittsburgh Kenny Chesney concert, comparing the trash-strewn parking lot to looting during current protests. Three editors, including the managing editor, met with her the following day, telling her she couldn’t cover the protests after she sent them multiple story pitches. “They kept doubling down, saying I gave my opinion through the tweet,” Johnson told NPR. The newspaper also told a black photographer, Pulitzer winner Michael Santiago, that he could not cover the protests when he tweeted in support of Johnson shortly afterward. Joshua Axelrod, who reported on a looting suspect and called the man “a vulgar slang word” in a since-deleted tweet, per NPR, was also confronted by editors about his tweets. But he was allowed to keep covering protests — until the Newspaper Guild of Pittsburgh, the paper’s union, pointed out the discrepancy, and the paper banned Axelrod as well. After reporters tweeted with the hashtag #IStandWithAlexis, the paper began to remove its own stories on the protests. The Newspaper Guild filed a grievance arguing that Johnson “was disciplined without just cause.”

The Newspaper Guild issued a statement on June 9, saying that the paper had offered Johnson two chances to cover George Floyd’s memorial without notifying her if her coverage ban was lifted. The first, to fly to Houston, came on 16 hours’ notice and from a black assistant managing editor Johnson had never worked with before. The second, to cover the memorial virtually, came the next day and from the morning news editor. She turned down both, given the uncertainty of her ban. Executive editor Keith Burris published a column on June 10 claiming, “Editors at this newspaper did not single out a black reporter and a black photographer and ban them from covering Pittsburgh protests after the killing of George Floyd.” Burris added, “One person was not assigned a story because of the suggestion of bias,” and confirmed the 80-plus Post-Gazette journalists who retweeted or posted their support for the tweet were also disqualified from protest coverage. He wrote that the company was “upholding professional standards,” and that “we believe we too stand with Alexis Johnson.” In response Johnson wrote, “The open letter was dismissive, insensitive, and worst of all — dehumanizing.”



Refinery29

Black former Refinery29 employees shared their experiences with racism at the website using the hashtag #BlackAtR29, eventually leading editor-in-chief and co-founder Christene Barberich to resign on June 8. Employees began to come forward on June 2, when Refinery29 blacked out its site in support of Blackout Tuesday. “Cool blacked out homepage!” Ashley Alese Edwards tweeted. “But you know what real allyship looks like? Paying your Black employees fairly, having Black women in top leadership positions & addressing the microaggressions your Black employees deal with from management on a daily basis.” Employees began using #BlackAtR29 to talk about pay gaps, a lack of opportunities for advancement, critical management, microaggressions, and overall tokenization at Refinery29. The website made a statement on June 5, writing, “We are, and have always been, a company and a brand that seeks to hold ourselves accountable as we elevate underrepresented voices,” according to WWD. By June 8, Barberich announced her resignation on Instagram, a decision supported by Refinery29’s union. “I’ve read and taken in the raw and personal accounts of Black women and women of color regarding their experiences inside our company at Refinery29,” she wrote. “And, what’s clear from these experiences, is that R29 has to change.” Vice CEO Nancy Dubuc told staff in a June 8 email that Barberich’s departure was “an acceleration of a conversation Christene and I have been having since Vice’s acquisition of R29,” according to the New York Times. She promised Refinery29 and Vice staffs that the company would change hiring and retention to “ensure equal opportunity and an inclusive culture.”



Variety

In a June 3 column, editor-in-chief Claudia Eller wrote that she had “NOT DONE ENOUGH” to diversify Variety’s newsroom. After Eller published her column, Piya Sinha-Roy tweeted, “I remember speaking with you and [Variety president Andrew Wallenstein] years ago about the lack of diversity in your newsroom. POC voices are constantly dismissed.” Eller defended herself, replying, “When someone cops to something why would you try to criticize them? You sound really bitter.” The two continued to exchange messages on Twitter, and when Sinha-Roy tweeted, “Calling me bitter because I said this issue has been long-standing in your newsroom is frustrating,” Eller insisted, “That’s not what I was referring to.” Shortly after the tweets, it was announced Eller would be taking a two-month leave from the company. Deadline reported Eller’s two-month leave on June 4, with business editor Cynthia Littleton leading Variety in the interim.



The Washington Post

The same day its own high-profile scandal culminated in a resignation, the New York Times dropped a bombshell report detailing the racism that prompted Pulitzer winner Wesley Lowery to leave the Washington Post. Executive editor Marty Baron had taken issue with social-media posts by Lowery, a black journalist who became a breakout reporter during the 2014 protests in Ferguson, Missouri. In September 2019, Baron gave Lowery a memo claiming he was “failing to perform [his] job duties by engaging in conduct on social media that violates the Washington Post’s policy and damages our journalistic integrity,” and threatening to fire Lowery if his social-media use continued. Lowery replied to the memo point by point, writing that he was engaging in “debate about a topic I cover directly — race and racism in America.” Lowery joined the 60 Minutes Quibi spinoff 60 in 6 in late January, leaving the Post. Around the same time, Baron had suspended Post reporter Felicia Sonmez for tweeting about the sexual-assault allegations against Kobe Bryant in the wake of his death.

Let’s block ads! (Why?)

728x90x4

Source link

Media

What to stream this weekend: ‘Civil War,’ Snow Patrol, ‘How to Die Alone,’ ‘Tulsa King’ and ‘Uglies’

Published

 on

 

Hallmark launching a streaming service with two new original series, and Bill Skarsgård out for revenge in “Boy Kills World” are some of the new television, films, music and games headed to a device near you.

Also among the streaming offerings worth your time as selected by The Associated Press’ entertainment journalists: Alex Garland’s “Civil War” starring Kirsten Dunst, Natasha Rothwell’s heartfelt comedy for Hulu called “How to Die Alone” and Sylvester Stallone’s second season of “Tulsa King” debuts.

NEW MOVIES TO STREAM SEPT. 9-15

Alex Garland’s “Civil War” is finally making its debut on MAX on Friday. The film stars Kirsten Dunst as a veteran photojournalist covering a violent war that’s divided America; She reluctantly allows an aspiring photographer, played by Cailee Spaeny, to tag along as she, an editor (Stephen McKinley Henderson) and a reporter (Wagner Moura) make the dangerous journey to Washington, D.C., to interview the president (Nick Offerman), a blustery, rising despot who has given himself a third term, taken to attacking his citizens and shut himself off from the press. In my review, I called it a bellowing and haunting experience; Smart and thought-provoking with great performances. It’s well worth a watch.

— Joey King stars in Netflix’s adaptation of Scott Westerfeld’s “Uglies,” about a future society in which everyone is required to have beautifying cosmetic surgery at age 16. Streaming on Friday, McG directed the film, in which King’s character inadvertently finds herself in the midst of an uprising against the status quo. “Outer Banks” star Chase Stokes plays King’s best friend.

— Bill Skarsgård is out for revenge against the woman (Famke Janssen) who killed his family in “Boy Kills World,” coming to Hulu on Friday. Moritz Mohr directed the ultra-violent film, of which Variety critic Owen Gleiberman wrote: “It’s a depraved vision, yet I got caught up in its kick-ass revenge-horror pizzazz, its disreputable commitment to what it was doing.”

AP Film Writer Lindsey Bahr

NEW MUSIC TO STREAM SEPT. 9-15

— The year was 2006. Snow Patrol, the Northern Irish-Scottish alternative rock band, released an album, “Eyes Open,” producing the biggest hit of their career: “Chasing Cars.” A lot has happened in the time since — three, soon to be four quality full-length albums, to be exact. On Friday, the band will release “The Forest Is the Path,” their first new album in seven years. Anthemic pop-rock is the name of the game across songs of love and loss, like “All,”“The Beginning” and “This Is the Sound Of Your Voice.”

— For fans of raucous guitar music, Jordan Peele’s 2022 sci-fi thriller, “NOPE,” provided a surprising, if tiny, thrill. One of the leads, Emerald “Em” Haywood portrayed by Keke Palmer, rocks a Jesus Lizard shirt. (Also featured through the film: Rage Against the Machine, Wipers, Mr Bungle, Butthole Surfers and Earth band shirts.) The Austin noise rock band are a less than obvious pick, having been signed to the legendary Touch and Go Records and having stopped releasing new albums in 1998. That changes on Friday the 13th, when “Rack” arrives. And for those curious: The Jesus Lizard’s intensity never went away.

AP Music Writer Maria Sherman

NEW SHOWS TO STREAM SEPT. 9-15

— Hallmark launched a streaming service called Hallmark+ on Tuesday with two new original series, the scripted drama “The Chicken Sisters” and unscripted series “Celebrations with Lacey Chabert.” If you’re a Hallmark holiday movies fan, you know Chabert. She’s starred in more than 30 of their films and many are holiday themed. Off camera, Chabert has a passion for throwing parties and entertaining. In “Celebrations,” deserving people are surprised with a bash in their honor — planned with Chabert’s help. “The Chicken Sisters” stars Schuyler Fisk, Wendie Malick and Lea Thompson in a show about employees at rival chicken restaurants in a small town. The eight-episode series is based on a novel of the same name.

Natasha Rothwell of “Insecure” and “The White Lotus” fame created and stars in a new heartfelt comedy for Hulu called “How to Die Alone.” She plays Mel, a broke, go-along-to-get-along, single, airport employee who, after a near-death experience, makes the conscious decision to take risks and pursue her dreams. Rothwell has been working on the series for the past eight years and described it to The AP as “the most vulnerable piece of art I’ve ever put into the world.” Like Mel, Rothwell had to learn to bet on herself to make the show she wanted to make. “In the Venn diagram of me and Mel, there’s significant overlap,” said Rothwell. It premieres Friday on Hulu.

— Shailene Woodley, DeWanda Wise and Betty Gilpin star in a new drama for Starz called “Three Women,” about entrepreneur Sloane, homemaker Lina and student Maggie who are each stepping into their power and making life-changing decisions. They’re interviewed by a writer named Gia (Woodley.) The series is based on a 2019 best-selling book of the same name by Lisa Taddeo. “Three Women” premieres Friday on Starz.

— Sylvester Stallone’s second season of “Tulsa King” debuts Sunday on Paramount+. Stallone plays Dwight Manfredi, a mafia boss who was recently released from prison after serving 25 years. He’s sent to Tulsa to set up a new crime syndicate. The series is created by Taylor Sheridan of “Yellowstone” fame.

Alicia Rancilio

NEW VIDEO GAMES TO PLAY

— One thing about the title of Focus Entertainment’s Warhammer 40,000: Space Marine 2 — you know exactly what you’re in for. You are Demetrian Titus, a genetically enhanced brute sent into battle against the Tyranids, an insectoid species with an insatiable craving for human flesh. You have a rocket-powered suit of armor and an arsenal of ridiculous weapons like the “Chainsword,” the “Thunderhammer” and the “Melta Rifle,” so what could go wrong? Besides the squishy single-player mode, there are cooperative missions and six-vs.-six free-for-alls. You can suit up now on PlayStation 5, Xbox X/S or PC.

— Likewise, Wild Bastards isn’t exactly the kind of title that’s going to attract fans of, say, Animal Crossing. It’s another sci-fi shooter, but the protagonists are a gang of 13 varmints — aliens and androids included — who are on the run from the law. Each outlaw has a distinctive set of weapons and special powers: Sarge, for example, is a robot with horse genes, while Billy the Squid is … well, you get the idea. Australian studio Blue Manchu developed the 2019 cult hit Void Bastards, and this Wild-West-in-space spinoff has the same snarky humor and vibrant, neon-drenched cartoon look. Saddle up on PlayStation 5, Xbox X/S, Nintendo Switch or PC.

Lou Kesten

Source link

Continue Reading

Media

Trump could cash out his DJT stock within weeks. Here’s what happens if he sells

Published

 on

Former President Donald Trump is on the brink of a significant financial decision that could have far-reaching implications for both his personal wealth and the future of his fledgling social media company, Trump Media & Technology Group (TMTG). As the lockup period on his shares in TMTG, which owns Truth Social, nears its end, Trump could soon be free to sell his substantial stake in the company. However, the potential payday, which makes up a large portion of his net worth, comes with considerable risks for Trump and his supporters.

Trump’s stake in TMTG comprises nearly 59% of the company, amounting to 114,750,000 shares. As of now, this holding is valued at approximately $2.6 billion. These shares are currently under a lockup agreement, a common feature of initial public offerings (IPOs), designed to prevent company insiders from immediately selling their shares and potentially destabilizing the stock. The lockup, which began after TMTG’s merger with a special purpose acquisition company (SPAC), is set to expire on September 25, though it could end earlier if certain conditions are met.

Should Trump decide to sell his shares after the lockup expires, the market could respond in unpredictable ways. The sale of a substantial number of shares by a major stakeholder like Trump could flood the market, potentially driving down the stock price. Daniel Bradley, a finance professor at the University of South Florida, suggests that the market might react negatively to such a large sale, particularly if there aren’t enough buyers to absorb the supply. This could lead to a sharp decline in the stock’s value, impacting both Trump’s personal wealth and the company’s market standing.

Moreover, Trump’s involvement in Truth Social has been a key driver of investor interest. The platform, marketed as a free speech alternative to mainstream social media, has attracted a loyal user base largely due to Trump’s presence. If Trump were to sell his stake, it might signal a lack of confidence in the company, potentially shaking investor confidence and further depressing the stock price.

Trump’s decision is also influenced by his ongoing legal battles, which have already cost him over $100 million in legal fees. Selling his shares could provide a significant financial boost, helping him cover these mounting expenses. However, this move could also have political ramifications, especially as he continues his bid for the Republican nomination in the 2024 presidential race.

Trump Media’s success is closely tied to Trump’s political fortunes. The company’s stock has shown volatility in response to developments in the presidential race, with Trump’s chances of winning having a direct impact on the stock’s value. If Trump sells his stake, it could be interpreted as a lack of confidence in his own political future, potentially undermining both his campaign and the company’s prospects.

Truth Social, the flagship product of TMTG, has faced challenges in generating traffic and advertising revenue, especially compared to established social media giants like X (formerly Twitter) and Facebook. Despite this, the company’s valuation has remained high, fueled by investor speculation on Trump’s political future. If Trump remains in the race and manages to secure the presidency, the value of his shares could increase. Conversely, any missteps on the campaign trail could have the opposite effect, further destabilizing the stock.

As the lockup period comes to an end, Trump faces a critical decision that could shape the future of both his personal finances and Truth Social. Whether he chooses to hold onto his shares or cash out, the outcome will likely have significant consequences for the company, its investors, and Trump’s political aspirations.

728x90x4

Source link

Continue Reading

Media

Arizona man accused of social media threats to Trump is arrested

Published

 on

Cochise County, AZ — Law enforcement officials in Arizona have apprehended Ronald Lee Syvrud, a 66-year-old resident of Cochise County, after a manhunt was launched following alleged death threats he made against former President Donald Trump. The threats reportedly surfaced in social media posts over the past two weeks, as Trump visited the US-Mexico border in Cochise County on Thursday.

Syvrud, who hails from Benson, Arizona, located about 50 miles southeast of Tucson, was captured by the Cochise County Sheriff’s Office on Thursday afternoon. The Sheriff’s Office confirmed his arrest, stating, “This subject has been taken into custody without incident.”

In addition to the alleged threats against Trump, Syvrud is wanted for multiple offences, including failure to register as a sex offender. He also faces several warrants in both Wisconsin and Arizona, including charges for driving under the influence and a felony hit-and-run.

The timing of the arrest coincided with Trump’s visit to Cochise County, where he toured the US-Mexico border. During his visit, Trump addressed the ongoing border issues and criticized his political rival, Democratic presidential nominee Kamala Harris, for what he described as lax immigration policies. When asked by reporters about the ongoing manhunt for Syvrud, Trump responded, “No, I have not heard that, but I am not that surprised and the reason is because I want to do things that are very bad for the bad guys.”

This incident marks the latest in a series of threats against political figures during the current election cycle. Just earlier this month, a 66-year-old Virginia man was arrested on suspicion of making death threats against Vice President Kamala Harris and other public officials.

Continue Reading

Trending