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July 07, 1990 - Image 13

Resource type:
Text
Publication:
Michigan Citizen, 1990-07-07

Disclaimer: Computer generated plain text may have errors. Read more about this.

'1
e Y r'
T at tbe Seventb
MCP Lepl Defe
uca:tiOIIaJ Fund, BI
omen of AcbeiYement
A ard L ehe en beld
recently in lAs ADFI .
Ii, wbo 0 n a film
uction 'It ys that
" ince Holl DOt been .
.that receptive to miDOriti and
females in quality positioDS,
ongoing tride by NAACP
nd LDf, belp create an
. wareness in die community so
tha t all of . realize, yeab e
can mate an impact ilb our
talent, our 61ms, our song aDd
dance."
Ali cut ber teeth in the
industry bile orting in
management itb tbose
odlinl tbe." of JobDDy
Nas , Bob rley, and t�e
Commoclo
She parlayed her experience
into an executive lot at
SOLAR R.eco durin whicb
time be became involved itb
m ic vi
Lcavin SOLAR in 1983,
be joined . i r
Bill Parker to form Reage
Film . Music videos have
proved to be a great training
ground for AU, hose first
feature film i et to be the
longform of succe ful video
she completed for top R&B
group, "TONY! TONI! TONE!
(Little Richard and Sinbad
. have already been cast in key
roles):
If this "Entrepreneur of the
Year" award is any indication,
1990 may well be ju t as good
to AI i, a was 1989 which
brought a CEBA award (for a
cherry Co e commercial
featuring the group Cameo), a
slot during the Superbowl on a
Bic MAC commercial they
landed from MacDonald's, and
revenue topping well over a
million.
ea bile,
P iI delphi Intern tion I
Record has made it clear that
the ale of their publi hing
ann-- Mighty Three Music ha
not yet been finalized.
Ho ever o u r c e say
Warner/Chappell Mu ic's
estimated offer of about $20
Million for the catalogue
including tu performed by
th Ii e of Teddy Pendergra t
nd t OJ y' ("For The Love
f Money") i more tb n being
en erio ly.
... A d i related ew,
Ernie Singlet recently too
over a pre t of CA'
Blac usic Division.
Singleton formerly served
Senior Vice Pre ident of
WarDer Bros. Rec:o Blae
DiS t Fund came to its aid
itb a S 1 mill ion gran 1 -
$600,000 of it to help reduce
the deficit d $400,000 for
salaries and company
operations, so 10nl a tbe
company could raise dditioDll
fuDdJ by September 30.
t just 0 ee later,
e condi tio appear to have
been met through the upport
of American Expre t a
pre ident Ed in Cooperman
announced a four year
commitment to I DTH,
involving a casb contribution
of $1 million and in-kind
contribution of a mioimum of
same time, Mayor D
Dinkin announced
appointment of GBP as lead
manager on a ne 1 y-created
equi,ment financing team in
ha is Ne Yor Ci ty'
first-ever lea e pure a e
financing program. Dinkins
noted itb pride t t the city
w making hi tory wit i
selection of GBP a senior
manager. In 1989, GBP
b e came the fi r t
. minori 1y-.o ned concern
ranked ithin the nation t top
30 i vestment banking firms ..
cancelled t 0 major toUlS and
laid off 54 daDcen ell
the bulk of its taff, amid a
financial cri i that left tbe
company i th a S 1.7 million
deficit
Ho ever earlier this month,
the Lila Wallace-Reader'
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