Informed sources said that incoming Prime Minister Georgia Meloni is leaning towards choosing Economic Development Minister Giancarlo Giorgetti as Italy's next finance director.
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Maloney, the leader of the right-wing coalition that won last month's election, likely has until next week to form a new government. The final decision on the formation of the Cabinet has not yet been made, and its priorities may change.
Giorgetti's chances increased after European Central Bank Governing Council member Fabio Panetta withdrew from the race. The people, who asked not to be named to discuss the confidential discussions, said current Finance Minister Daniele Franco, a Bank of Italy veteran, is still a possibility.
Regardless of his appointment, he will face the challenge of managing Italy's heavily indebted economy in the face of an energy crisis, rising borrowing costs and rising risks of recession. Meloni's struggle to find a world-renowned finance minister, the experience of European partners and Italian investors, left them worried about who would take the lead.
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Giorgetti, 55, has been a key minister in Mario Draghi's government since 2021. He was previously a long-time League MP and remains one of its leading figures.
Meloni is scheduled to meet on Wednesday with League leader Matteo Salvini and former Prime Minister Silvio Berlusconi, his most important ally, to complete his ministerial slate. The names are expected to be presented to Italian President Sergio Mattarella in the coming days.
Representatives for Meloni and Giorgetti did not want to comment.
In addition to Franco, other names also appear in the Italian media: the former Bank of Italy official Luigi Butellione, the former Finance Minister Domenico Siniscalco, the Italian chief accountant Biagio Mazzuta.
Had Giorgetti accepted the position, it would have been a victory for the League, but not for its leader Matteo Salvini, who often clashed with the more moderate Giorgetti. The association is proposing significant tax cuts and deficit increases to protect the economy from the energy crisis.
youth movement
Giorgetti holds a degree in Business Administration from Milan's Baconi University and was an accountant before he was elected to Parliament in 1996. Since then, he has twice chaired the Budget Committee of the Chamber of Deputies, as well as serving as Deputy Secretary of the government of five-star leader Giuseppe Conte.
In the 1980s, Giorgetti was part of the far-right youth movement Front della Giovinto, linked to the Italian Movimento Sociale, the same political organization Meloni joined in the 1990s.
The cheating scandal that has rocked the chess world over the past month has sparked debate about the role of artificial intelligence in high-level competitions.
Last month, five-time world chess champion Magnus Carlsen pulled out of the tournament after a move with rising teenage star Hans Niemann. Carlsen later formally accused Neumann of fraud, sparking a weeks-long controversy.
The online chess platform Chess.com published a 72-page report this week saying that Niemann "probably cheated" in more than 100 online games, but that there was not enough "statistical evidence" to say that Niemann cheated in person. . – table matches.
In a recent article in The Atlantic titled "Chess Is Now Poker," associate editor Mateo Wong explored how Niemann can use artificial intelligence software to direct games and discussed the role of computers in modern chess. Below is an edited transcript of Wong's conversation with Marketplace host Kai Rysdal.
Mateo Wong. So the basic idea is that artificial intelligence known as "chess engines" are far better than any human at chess at this point. And so if you get guidance from them, even for some important points of the game, it will give you a great advantage. A lot of ideas floating around are vibrating devices like electronic shoe attachments, things like that. Some people I've talked to have even said that they don't need to make an exact move, just a hint will be enough to help them find the best match.
Kai Rysdal. Can we talk for a second about this chess mechanic, you know, the cards that move my decks on the table, which is a new term for me. Probably the last time many people outside of the chess world paid attention to AI and chess was when IBM beat Big Blue or Deep Blue or finally a human. I think now that AI is everywhere, what computers can do is orders of magnitude more advanced.
Wong: Yes, Deep Blue beat then champion Garry Kasparov in 1997. And it was a big deal. But this machine was in costume as a 3,000-pound supercomputer in an IBM research lab. In about 10 years, there will be a lot of advancements in both hardware and software, and you'll get to a point where AI, a chess engine running on a standard desktop computer, can beat the best players in the world.
rice valley I have to ask you about another phrase I learned from this article and that is about competitiveness as well as rate of improvement. Now there are things called "millipedes" in chess. what is this
Wong: Right: Yes, this is another example of how computers can dominate people. When trying to evaluate a chess player's performance in a game, people often compare his moves to what a better chess engine would do. And there are some estimates that he'll lose a few hundredths of a footman compared to what a computer would do, which is a hundredth. And so there was a lot of speculation about whether Hans Neumann was a fraud, or whether he played a lot like a computer. I have no experience with this.
rice valley Well, if you don't, I certainly won't. Therefore, I will ask you a completely subjective question. I don't know if you're a baseball fan…
Wong: Me:
rice valley OK. About a generation ago, maybe a little more, this whole idea of the subdimension was born, right? It's the idea of quantifying everything that happens on the baseball field. So you can watch it and figure out which player would be better at third base, right? I'd say it just takes the romance out of the game. I get criticized by my friends when I say this, but this is my point of view. Do you think the idea of chess pawns and artificial intelligence takes the romance out of chess?
Wong: I really don't think so. I think he feels like he's memorizing more and more that, you know, chess is more and more like spelling. I think that's certainly true, and it's grown a lot. But I think another change happened in 2017. And then Google started this program called AlphaZero. AlphaZero, on the other hand, was a neural network-based artificial intelligence that played itself in four hours, beating the best chess software. Yes, you can look at it and say it breaks new ground for gaming. And there's another way of looking at it, which is, if people get a lot of inspiration from these neural network-based algorithms, what are they actually creating? ?
rice valley Yes. I'm going with this second year. So have you downloaded some of these engines and played with them? I take it you're a chess player, aren't you?
Wong: I play chess. I'm not very good (laughs), so I didn't have much experience with them. Honestly, you probably should.
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Bobby Fischer Paul Morphy and How the Theory of Discovery Ruined Chess I Hate Chess – Bobby Fischer.
LONDON, 11 Oct (Reuters) – Small island developing countries, hard hit by climate change and often in debt, are spending at least 18 times what they owe on climate finance.
A report by the European Debt and Development Network (Eurodad) found that 37 island and coastal countries, home to around 65 million people, received a total of $ 1.5 billion in climate finance between 2016 and 2020.
Yolanda Fresnillo, one of the authors of the report, writes that countries from the Dominican Republic to Samoa "urgently need to increase their financial capacity to face multiple challenges and crises".
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Eurodad's report, which includes more than 50 NGOs, says 22 countries returned more than $ 26.6 billion to their foreign creditors over the same period.
According to the report, the level of the islands' public debt has risen from an average of 66% of gross domestic product in 2019 to nearly 83% in 2020 and will remain above 70% until 2025.
Other countries have sought assistance from the International Monetary Fund, with the number of countries with programs increasing from three in 2019 to 20 in 2020 and 2021.
In June, the foundation's board of directors approved a $ 60 million program for Cape Verde, and Barbados signed a $ 293 million deal in late September.
The report says more than 80% of the islands are in debt, according to the IMF and World Bank's debt sustainability analysis or criteria set by civil society groups Debt Justice UK and Jubilee Germany.
This week, as policymakers from around the world gather for the annual IMF and World Bank meeting in Washington through October, the debate will be on how to support small and fragile economies facing the fallout from COVID-19 and of Russia. war in Ukraine. sixteen.
However, while Treasury Secretary Janet Yellen made debt restructuring a top priority, senior Treasury officials said Tuesday that they do not expect any major progress on debt this week.
Some researchers also note that decision making at the IMF has run into difficulties. They say the quota system, which is based on the size of the economy, means that low- and middle-income countries, which are more likely to borrow, have little influence on the decisions of lenders.
"When poor public finances spend more on debt service than investment to build a more resilient economy, countries will enter a debt cycle exacerbated by an unsustainable climate," writes Lara Merling of the Climate Policy Center. Boston University "Global Development Studies" article. was released on Tuesday.
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Reporting by Karin Stroker and Andrea Shallal from Washington. Curated by Michael Perry and Tomasz Janowski
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President Biden and Vice President Harris speak at the Climate Leaders Summit – April 22, 2021
EXCLUSIVE: Seoul, Los Angeles-based company Bound Entertainment ( Apple's Dr. Brain ) has teamed up with author Anne Liang to develop her debut YA novel If You Could See the Sun into a TV series.
The novel, published today by Inkyard Press, follows Alice Sun, who has always felt like an outsider at Beijing's elite international boarding school, where she is the only scholar among China's richest and most powerful teenagers. But then she starts disappearing uncontrollably – well, really disappearing. When her parents tell her they can no longer afford her education, even with a scholarship, Alice devises a plan to monetize her strange new powers: she will, for a fee, uncover the scandalous secrets her classmates seek. But as the investigations turn from petty scandals to real crimes, Alice must decide if she wants to lose her sanity or even her life.
Liang will implement the project. He said today, "I'm thrilled to be working with Bound Entertainment on this adaptation and it's both a dream and an honor to be a part of this process. I'm so excited for what's to come."
This is the latest move by Bound Entertainment, founded by entertainment industry veteran and producer Samuel Ha ( Okja, Time to Hunt ) and specializes in TV, film and digital media. Development and production of various content to reach the world. Viewers for all platforms. Resources and stories from and about the Asian diaspora.
Liang is also the author of the upcoming contemporary romantic comedy This Time It's Real , due out on Scholastic in 2023, I Am Not Jessica Chen (The Ink Yard) and another upcoming book. He is represented by Sugar23, Andrea Brown Literary Agency and Surpin, Mayersohn & Coghill LLC.
Four years after starting ketogenic LDL my cholesterol is so high! And now?!
This past weekend, Kona, Hawaii hosted the Ironman Triathlon World Championships. Once a year, the planet's best endurance athletes compete to be the best in the world in a historic race at the birthplace of the sport.
An Ironman triathlon consists of a 2.4 mile swim, a 112 mile bike race… and then a shorter marathon. It takes years to join a fanbase, let alone become the best. The problem is that it is not very profitable. At least for now.
Switzerland's Daniela Reeve is the highest-paid long-distance runner, earning $244,000 (£216,000) in 2021. This is slightly more than what German football club Paris Saint-Germain paid for star striker Kylian. happy birthday. .
Mbappe's and Riff's salaries may be vastly different, but there are similarities between the two athletes. No less desire to control their destiny. Mbappe re-signing his contract with PSG allows him to participate in the decisions of the team. Riffe and his colleagues are trying to make a big impact with an entirely new type of organization: the Professional Triathletes Organization (PTO).
PTO is an integrated seed owner, tri-media broadcaster, syndicate and commercial operator. The Athletics is owned by Sir Michael Morts, a Welsh venture capitalist and the author of the original Apple story. In fact, the PTO is more like Apple than your traditional sports organization — fast-growing, fan-friendly, media-savvy, employee-owned, socially conscious, and unafraid to challenge the political status quo. His influence is felt throughout the sport.
For example, Chelsea Sodaro won the Women's Ironman World Championship 18 months after giving birth to her daughter Skylar. Sodaro was an early supporter of the PTO's progressive maternity policy. As Sudaro says, “We don't have to choose between being international athletes and being mothers, we can do both, we just need a little help.
In any business where disruption starts, the smart money tends to follow. After an initial funding round of $12.5 million, PTO is said to be in the midst of a $30 million Series B round. This is just the beginning, but the company is taking the right steps towards stylish sports.
Dominant players in other sports
No wonder other sports are so admired. Track and field legend Michael Johnson advocated learning the sport from PTO lessons.
This change is beginning to affect major sports as well. It is said that they are looking to change the rules of American sports so that NBA players can own the teams they represent. Even Michael Jordan had to wait until the end of his career to buy a team – imagine the deal he would have made at the height of his fame. Meanwhile, in tennis, Novak Djokovic has been at the forefront of efforts to create a players' association from men's tennis' governing body, the ATP.
Work quickly
Similar bigwigs to the music industry are also flexing their muscles. Taylor Swift has given a masterclass in remastering her records as an artist to combat the sales of the ironically named Big Machine Records. Even the most recent filming at the NFL Superbowl Gala in 2023 wasn't enough to distract him from re-recording the material.
It is not a one-sided issue. Having your skills is also smart for business owners. When he created the sports agency Two Clubs, he realized that giving ownership in the organization was the most effective way to create internal motivation in the team and ensure that the cream of the crop remained in the business.
Plus, having great talent on the field can go a long way to building player credibility in the highly competitive football talent market. This is a very low amount, which is especially important if the sports team has a salary cap to move.
Sports change quickly. Gone are the days when athletes received a thank you check and disappeared from view. Athletes are not part of a big machine, they become machines. Now is the time to shake things up, says Taylor.
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Small business owners make up the majority of businesses in the United States. From restaurants and grocery stores to farms, real estate agencies, and mechanics, local businesses with fewer than 100 employees are considered small businesses.
These small businesses are run by different people and no two businesses are the same. From the number of employees to the revenue per company, small businesses come in all shapes and sizes. Let's take a closer look at some small business facts.
the light
mains plug
As of 2020, there are 31.7 million small businesses in the United States, which is 99.9% of all businesses in America. (US Small Business Administration)
More than half of small business owners are 55 or older. (US Census Bureau)
9.1% of small business owners have experience. (result)
One of the most common reasons people start their own business is to become their own boss. 66 percent of Cox business respondents cited this as a reason for starting a small business. (Cox business)
last year 82% of small businesses; 50% survive the five-year stage; Only 35% survived ten years. (Bureau of Labor Statistics)
General Small Business Statistics
Whether a business is classified as a small business is largely determined by the revenue it generates and the number of employees. The Small Business Administration sets standards by industry. For example, a small lumber company may have fewer than 500 employees, but a soft drink manufacturer may have 1,250 employees. In terms of revenue, there is a wide range by industry, with the average small business earning between $1 million (or less) and $41.5 million.
Small businesses exist in every industry. Freelance writers such as retail salespeople, hairdressers, tax professionals, lawyers and private sector doctors can also qualify as small business owners.
There are 33.2 million small businesses in the United States, which make up 99.9 percent of all American businesses, according to the Small Business Administration. Even some of the big name chains you see may operate locally and qualify as small businesses. Guidant Financial surveyed 4,500 current and future business owners and found that 41 percent of those surveyed were franchise owners.
Small business industry
Small businesses exist in every industry, but some dominate. Below is a chart based on a Guide Financial survey showing the biggest players in the small business world
Source: Guidant Financial 2022 Small Business Trends Survey
Food and restaurants
12%
Sold in parts
11%
Business services
11%
Health, Beauty and Fitness
9%
Residential and Commercial Services
7%
Business Ownership Statistics
The business world is diverse, but some groups are more likely to start a business. Note that the statistics in this section apply to all US business owners, not just those classified as small businesses. However, remember that 99.9 percent of all American businesses are small businesses.
Business ownership by gender
Today, men own more small businesses than women. According to the Census Bureau's latest annual business survey, one in five US employers is owned by a woman. However, women's businesses grew by 0.6% year-on-year.
Business ownership by nation
Just as there are gender differences in the small business community, there are also ethnic differences. The U.S. Census shows that businesses are run not only by men, but primarily by white men. The table below shows the ownership of the different groups.
Source: Zippy Business Owner Demographics and Statistics in the United States
White
70.8%
Hispanics or Latin Americans
14.4%
Asia
6.2%
Black or African American
6.0%
unknown
2.1%
American Indians and Alaska Natives
0.5%
Business ownership by age
Small businesses are owned and operated by people of all ages. However, it is not surprising that older generations are more entrepreneurial than younger ones. Seniors have more time to build credit, making financing easier. They have more experience in the world of work and more time to save money to invest in their business.
Business Ownership at the Education Level
A college degree doesn't necessarily prepare you to run a business, but it does make the financial part easier. Also, going to college can build a network and support system that can provide the capital or connections needed to start a business.
As you can see in the table below, graduates make up the largest percentage of business owners (52%). But a bachelor's degree is not necessary in all fields, and associate's degrees are a big part of the business world.
Small business financial statistics
Small businesses have unique financial needs compared to large businesses. Average small business revenues are different, salaries are different, and borrowing needs are different.
Business income statistics
A small business's income depends largely on its industry and location. Of course, a restaurant in a big city like Los Angeles or New York will be more profitable than a restaurant in rural America. According to the 2019 US Census Statistics Survey of American Business (released in 2022), the median income for the self-employed in covered businesses was $55,858. Fortunately, most established companies (63%) say they are profitable.
Just as there is a wealth gap between men and women, there is also a large income gap. Biz2Credit Women-owned businesses have an average annual revenue of $475,707, while male-owned businesses have an average annual revenue of $675,643.
Small business financial statistics
While 78 percent of startups use only their own funds to launch their businesses, many small businesses need funding at some point. All told, there were $645 billion in outstanding small business loans in 2019. This number is so high in part because the average SBA loan is $417,316
While loans are an option for businesses that need large amounts of financing, business credit cards are another popular way businesses use them for expenses. Interest rates on credit cards are much higher than business loans, so they are not the best option for long-term financing. However, they are sometimes cheaper and offer bonuses and benefits that commercial loans do not.
Small business success statistics
Despite America's entrepreneurial wealth, the path of the small entrepreneur is not an easy one. Unfortunately, according to the Bureau of Labor Statistics, 18 percent of businesses fail within the first year, 50 percent after five years, and 65 percent fail within 10 percent.
The geographical location can also be the cause of this decline. Zippia found in 2010 that as of 2019, Washington, Michigan, and Kansas were the three states with the biggest declines in business. On the other hand, California, Louisiana and Massachusetts have the highest success rates.
Another factor in the success of a small business is the industry. Not surprisingly, the healthcare industry has the highest success rate, with 60 percent of small businesses remaining open after the fifth year. On the other hand, warehousing, transportation and construction jobs achieved success rates of 30 percent to 40 percent after five years.
So why do small businesses fail? A survey by CBinsights shows that the main reasons companies fail are lack of funding and lack of access to additional security. Obsolescence and obsolete products are two other reasons why some companies fail.
Source: Bureau of Labor Statistics
in the year
18%
after 5 years
50%
after 10 years
65%
finally
The statistics in this guide are both encouraging and terrifying for business owners. Starting your own business can feel like a big risk and a big reward, but you don't have to spend a lot of money and time before you know your business is profitable. Read our guide to starting your own business to learn how to formalize your idea and start living your passion.
FAQ section
What is a small project?
The definition of a small business usually depends on the company's revenue and the number of employees associated with the industry. There are no restrictions on revenue or number of employees, but small businesses have a limited number of employees and are not owned by many companies. They are often run by local people in the community and employ other members of the community.
How do I start a small business?
There is no way to start a small business. In general, you need a good idea or product to sell, capital to get a storefront, licenses if needed, and different licenses depending on your industry. Starting a business is no easy task, so make sure you understand the industry you are working in and the pros and cons of owning a business.
What time is Small Business Saturday?
Every year, Small Business Saturday celebrates small business owners. It takes place on the Saturday after Thanksgiving, roughly as a sequel to Black Friday. You can often find great deals at local businesses and it's a great way to support your community.
Why is small business important?
Small businesses are so busy that many essential services would not exist without them. From retailers, farmers, restaurants, funeral home owners and everything in between, small business owners are part of every industry.
Companies that never fail. 6 Companies With Surprisingly Low Failure Rates [Info]
Brief report on the most important press releases for the financial sector. Breaking news of the week from PR Newswire
NEW YORK , Oct. 7, 2022 /PRNewswire/ — With thousands of press releases each week, it can be difficult to keep track of everything on PR Newswire. To help journalists covering the financial industry stay up-to-date with the most popular and popular press releases this week, here are this week's highlights.
Click on the press release title below to read this week's top financial news and downloadable media.
Clorox released its FY22 Integrated Annual Report, which highlights progress on ESG development, transformation and strategic objectives.
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The best financial news and stories for the week ending February 18, with sections – a selection of the most important news and events.
Actress Storm Reed is the unofficial face of New Hair, New Me.
The Euphoria star got candid about her lack of hair and makeup combinations, and was also candid about the reality of dealing with her natural hair after a big haircut.
The actress debuted her candid blonde moment at the Met Gala in September 2021, but told Yahoo Life the main clip was a long time coming.
"I've wanted to get my hair cut for a long time, I was thinking about 15 or 16. I was joking about wanting to cut my hair and I had this idea 15 or 16 years ago, but at this that age, I thought, it would be more appropriate,” he said, acknowledging that it took several years to get ahead.
"I always said, 'I wish I could have a role where I could shave my head and be true to character and also face my fears,'" he said.
Fortunately, a fresh start brings renewed courage to the actress, who thinks going to school is the perfect opportunity to change course.
"I was transitioning from my freshman year of college, I just got out of the house. So I felt like I had to let go of all the things I had brought with me over the years and [just ] start over and start all over again. I love it." But when the time finally seemed right, she was still nervous about a drastic change in her look: dyeing her hair light blonde, La Zoe Kravitz circa 2017, more a big cut.
"I was scared. I didn't know if my head would fit under my hair. So not only was I nervous about cutting my hair, but I cut and bleached my hair the same day and you really didn't. Sometimes she "didn't want that," she said… Luckily, she had a well-stocked personal team to help her manage her new, labor-intensive style. maintenance.
"Of course, I have great stylists who take care of my hair and make sure my hair stays healthy after cutting and bleaching," she says. "It was really scary but I'm glad I did it."
But sadly, in the entertainment industry, it's rare to have a team that knows the details of black hair, Reed says.
"Growing up on set was honestly a challenge," she says, explaining that she didn't have special access to barbers who could work with different hair textures until she worked with them. director Ava DuVernay for Allure in Time .
"Miss Ava made sure I was taken care of, my hair was taken care of and I know there are women of color in this group who need the same time, attention and support. love than anyone else in a hair pendant. They get it because it's "easier to do your hair," she said. "Miss Ava made sure that this was there for us in the group."
That moment changed his mind about talking about equal representation and equal resources on set, something he had previously resisted, he recalls.
"Sometimes you're scared to say something or use your voice because you don't want to be seen or seen as a singer or 'loud'. But when I was in Miss Ava's band at 13, I I was able to leave that group and go to my other group with confidence," she said of being able to tell her team that having an experienced barber is very important.
"From there, I started asking people who knew how to do my hair or black barbers who could work under the manager to make me feel comfortable and pull my hair out," Reed says.
Reed is currently growing out her hair using Dark & Lovely hair care products. In partnership with the brand, she is raising awareness of the "Building a Beautiful Future" initiative in partnership with the College Gurl Foundation, which will award $750 in book grants to 50 young students like her. Applicants have until October 10 to apply for the scholarship.
"I also use the Dark & Lovely range because it leaves my hair silky soft and smells great," Reed says of combing her hair while slipping through braids, her go-to for hairstyles. protection.
“Braids are easier for me and braids are very versatile,” she adds. "So that I can change models when I'm bored."
The self-protective and inviting hairstyle has given Reid plenty to experiment with on various sets, but he says the entertainment industry in general still has a long way to go when it comes to the proper inclusion of hair and makeup.
“We have to consider many changes. If [I] could say anything to the industry, it would only allow young people – or people with natural hair experience – to come out and help your talent or give them a chance to be a place shoot in the industry that everyone can relate to comfortably," he said, admitting it can be difficult for black hairstylists to book big projects.
"I know it's hard to get a black head or a department head, but it's also hard for black people to join [The Guild of Beauty Artists and Hairdressers] and create more opportunities and get the weather." heads. “, he said, adding that the same considerations applied to makeup artists.
“Anything the industry can do to create more justice in our hair and makeup industry is absolutely necessary because it is inhumane to constantly sit in chairs trying to collect your thoughts and prepare for being in front of the camera and you look good but you don't like the way you look or you don't like the way your hair is styled or treated with care,” she says. not feel good.
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Hollywood veterans Cheryl Boone Isaacs and Peter Murrieta are optimistic that "a lot is possible" in the future as Hollywood and the entertainment industry as a whole expands for stories and diverse perspectives at every level.
Murrieta and Bone Isaacs performed at Thursday's event to announce the recent opening of Arizona State University's Sidney Poitier New American Film School, a program that opened in downtown Los Angeles earlier this year in the former Los Angeles Herald Examiner building at Broadway and 11th Street. He started. Boone Isaacs is the founding principal of Poitiers School and Murita is the school's assistant principal and principal. The two are joined by several other educators to discuss how Hollywood is expanding its business and audience by taking steps toward integration and representation.
Boone Isaacs and Murrieta emphasized the importance of film education being practical enough to allow students to enter production and related entry-level jobs.
“It's no longer enough to pass the baton to a bachelor's+4 to transfer a student from high school to community college. You must answer the question: "How will this help my job search?" How does it help? Murreta said.
Before she became a presenter for such hit shows as Disney's Wizards of Waverly Place and Mr. Iglesias”, Murrieta has worked as a screenwriter on several television shows. In the year In 2002, Hello from Tucson, he got his first chance to create his own show for the now defunct WB network.
Murrieta remembers that Hispanic representation skyrocketed during that time. "Tucson" was inspired by his life in Arizona. He had the Primetime drama series Easter Boulevard and George Lopez had a family comedy on ABC. Finally, change seems inevitable.
"In the 2002/03 season, I felt like it was about to happen," Murita recalls. "We waited, gathered strength and speed.
However, this feeling was short-lived, because the shows were canceled soon the following year – all except "Jorge Lopez", which ran for six seasons until 2007.
“It was like that for a while. Then another wave came, and then it went out. And at some point it dawned on me that there had to be another way, even if we attacked the business from a representative perspective,” he said. Murita
The lack of representation led to what Poitiers school leaders described as a "cultural emergency." Professors Alex Rivera and Cristina Ibarra cite a recent Latino Donor Cooperative study that found Latinos make up less than 4% of shows in the industry. For managers, this number is less than 3%. For cable television, Hispanic representation is much lower, nearly 0% in all categories.
Murrieta's work also includes writing and producing shows such as ABC's short-lived Christyla and Netflix's pop TV revival One Day at a Time. In his first contract with Universal Television, he developed a project close to his genre, Blood and Gold: The Legend of Joaquin Murieta, which he co-wrote. Murrieta's desire to provide similar ski jumping features to other filmmakers prompted him to join the ASU staff, in addition to his successful work on the popular show.
"The idea that if we can't control Hollywood in some other way – that's fine. Then I'm going to go somewhere and create an army that will keep coming as hundreds and hundreds come," Murita said.
ASU's plan will begin by expanding the curriculum to include education in all areas of filmmaking, including music and design, and by allowing more people to earn a four-year film diploma. In addition to a close relationship with ASU's Herberger Institute of Design and Art and the School of Music, students are given multiple avenues for success.
"Movies have great composers and great songs, and we remember a lot of them," said Bon Isaacs, a former Paramount Pictures executive and president of the Academy of Motion Picture Arts and Sciences. "Most young people say, "Oh, I like music. "I love the sounds of being immersed in the music business." It's amazing and wonderful. But we want to teach them a lot of pottery.
Boone Isaac said that in addition to expanding its course offerings, the school is partnering with several community colleges to create a program that will allow more community college graduates to earn bachelor's degrees.
"We all know that life has many twists and turns. When you think of turning left, there are many situations where you turn right. We want to introduce industry experts who talk about the hurdles and challenges our students face. "But in the end, determination, passion, love to work and learn is what motivates you. And [students] succeed—that's the definition of success, not someone else's.
(Top photo: Cheryl Boone Isaacs)
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ASU Alumni Panel on Film and Media Studies: From College to Career
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