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Entertainment

Former Atlas EVP Andy Horwitz Launches Producing Collective Big Swell Entertainment

Former Atlas EVP Andy Horwitz Launches Producing Collective Big Swell Entertainment

EXCLUSIVE : After 15 years at Charles Roven's Atlas Entertainment, where he served as Executive Vice President, producer Andy Horvitz is leaving to found Big Swell Entertainment, a production group that aims to be home to the next generation of young people. , artisans and storytellers.

Big Swell aims to take a different approach from the traditional production company model, allowing producers to work independently under the Big Swell banner and encouraging a collaborative and collaborative approach with all creators involved. Horwitz is currently assembling his team, having already put together a solid list of projects in various stages.

Horvitz supports Mountaintop Productions, a Tel Aviv-based production company founded by Hezi and Omri Bezalel. In partnership with Bezalels, Big Swell plans to use Mountaintop's relationship between Israeli and European content companies to bridge the gap between the region and Hollywood.

“The last 15 years at Atlas have been an unforgettable experience,” Horwitz said. “Chuck Rowan is one of Hollywood's most successful and accomplished producers, a titan of the industry, and I can't wait to use the valuable skills and experience he has given me to create content of all shapes and sizes for the next generation. The prize is winning stories and talent, especially relationships.”

“I am very proud and happy for Andy, who has been an invaluable member of Atlas during his time here,” said Rowan. "I'm very happy that he made his dream come true and started his own company."

Horvitz brought to Big Swell a deep creative relationship and extensive experience navigating the Hollywood landscape, working primarily in the studio system where he helped create films from concept to release. During his tenure at Atlas, the company produced four of the 100 biggest films of all time, which collectively grossed nearly $10 trillion.

In 2019, Horwitz's JC Chander's Triple Frontier, starring Ben Affleck, Oscar Isaac, Charlie Hunnam, Gareth Hedlund and Pedro Pascal, premiered on Netflix on March 6, 2019 and began streaming on 13th Specter. million accounts and over 120 million people in the first four weeks.

Horwitz previously produced David Ayer's DC Suicide Squad, which stars Will Smith, Margot Robbie, Jared Leto, Joy Courtney, Joel Kinnaman, Cara Delevingne and Viola Davis. it was a big story with $135.1 million across the country. The film topped the box office in its second and third weeks, earning over $745 million worldwide. During the production of The Suicide Squad, Horvitz created and directed an exciting virtual reality project that, upon completion, led to a multi-million dollar advertising and marketing deal with Samsung.

Horwitz also produced Vertical Entertainment's The Hollow Point starring Patrick Wilson, Ian McShane, Jim Belushi and John Leguizamo and premiered William Monaghan's Mojave A24 for Oscar Isaac and Garrett Hedlund for Atlas Independent.

In 2013, David O. Russell co-produced American Hustle, starring Christian Bale, Bradley Cooper, Amy Adams, Jeremy Renner and Jennifer Lawrence, which was nominated for 10 Oscars and won three Golden Globes. ”, including the number one award for best film. . Three BAFTAs and multiple critical acclaim. American Hustle was the highest-grossing hit of 2013 and has since grossed over $250 million worldwide.

Horwitz is represented by the Independent Film Group UTA, and Richard Thompson is represented by Brechen Feldman Braymar.

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Featured

Houston Church Revived As Affordable Option For Rentals, To Be Featured On Eastwood Home Tour

Houston Church Revived As Affordable Option For Rentals, To Be Featured On Eastwood Home Tour

Tim Cisneros' phone rings; It was a real estate agent friend who asked for help with a building that was almost impossible to sell.

It was the Church of the Savior in the East End, a bare reinforced concrete structure in need of big ideas. It had no windows, little parking, and was riddled with break-ins.

Cisneros, principal of Cisneros Design Studio Architects, had previously collaborated with developer Mir Azizi of Caspian Enterprises on a project to convert the former Waddell Furniture warehouse into what are now Sampson Lofts apartments, and quickly realized that the building it had potential. But first he has to get a rabbit out of the hat, dodging the city's demands and structural problems.

It is now known as Sanctuary, an affordable apartment community that opened in March. It was fully booked at the end of April. It is one of four properties on Eastwood's Historic Homes Tour 2022 this weekend.

Then there's Ironworks, a mixed-use development on the former Cameron Iron Works site in Milby, also two houses built in 1935, one on Dumble Street and one on Woodleigh Street. For the tour, the sanctuary will open four units: a choir, a gym, a row house and another unit in the school building.

The current sanctuary began life in 1919 as Eastwood Community Church, intended to be the spiritual heart of Eastwood, a neighborhood developed by William Wilson, who had founded Woodland Heights a decade earlier. To date, Eastwood boasts the most intact collection of crafts, arts and crafts, Foursquare and Mission-style architecture in the city.

The late Tom Tellepsen was a member of the church and his Tellepsen Construction, a still major contractor in Houston today, built a series of three church-owned structures built in 1919, 1930, and 1951.

The church and its members have endured two world wars, the Great Depression, and the Korean and Vietnam wars. In the 1960s and 1970s, social unrest hit the congregation, which was later renamed Church of the Redeemer. They opened a café ministry that attracted college students and adopted an informal music-based worship style on Friday nights, keeping Sunday services more traditional. Young adults were placed in households where people lived as extended families and shared expenses, while conscientious objectors were forced to work in medical clinics.

Its pastor, the Reverend Graham Pulkingham, came to national attention as a pioneer of the church's charismatic movement, taking him on a tour and touring the UK to spread this new vision for the church. However, when he left, the remaining elders were unable to hold the church together and its membership began to decline.

More than a decade ago, with just 70 members and a long list of needed repairs, the Episcopal diocese closed it down and put the property up for sale. In 2017, Cisneros convinced Aziz to buy the church property to build rental housing in Eastwood. It was completed earlier this year, with 45 units ranging from 387 to 1,211 square feet and rents from $1,000 to $1,950.

“A project like this starts with a very adventurous client who has a vision. Dreamers and visionaries tackle projects like this,” said Cisneros. "It's a good example of how old, empty buildings can be converted into housing in the event of a housing shortage."

His problems were apparent from the start. A sanctuary with a sloping floor would have been perfect for a small concert hall, but even after demolishing a dilapidated sanctuary, there would still not be enough space to meet city code requirements for parking.

“A building like this can be many things, a café/concert venue like the Heights, but we have to have 75 percent neighborhood agreement and that can be difficult,” Cisneros said. "It could be a big library for the school next door, a daycare, any number of things, but they're limited by lack of parking or parking efficiency."

One way to counter this was to gain historic status for the structure by acknowledging the church's place in the centennial neighborhood. If they can convince planners and the historical commission, they can reduce parking requirements by 40 percent.

Cisneros said smaller units and lower rents will support changes in social lifestyles now: Renters are likely to be young professionals and college students who don't necessarily have cars, reducing the need for street parking. . They ride a bike, use the subway or use carpooling services.

Navigating city standards, Cisneros designs a variety of apartments in various buildings, from small studios to lofts and townhomes.

He said he learned a lot from the Sampson Lofts project, which provided insight into the needs of smaller apartments. Since Covid, he said, people are willing to live in smaller spaces to avoid not having roommates and being alone.

Since its inauguration, many people have stopped to take a look at the sanctuary, curious to see what their old church looks like now. Some of the church's artifacts have been appreciated elsewhere, as Aziz donated religious artwork, including his prized "Christ the Worker" mural by artist John William Orth, and other artwork for use in churches.

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Business Industry

Column: The Key Economies To Track For Industry Decarbonisation Road Maps

Column: The Key Economies To Track For Industry Decarbonisation Road Maps

LITTLETON, Colo., Oct. 13 (Reuters) – Much of the energy transition debate has focused on electrifying car fleets and using more renewable energy in power generation, regardless of how the leading energy industry will run. world economy, coal.

If rapid and sustainable reductions in fossil fuel emissions are to be achieved worldwide, such major sources of employment, tax revenues and national wealth must not only be at the forefront, but also play a major role in accelerating the transition. Low carbon economy. .

According to the International Energy Agency (IEA), industry accounts for 29% of global energy consumption and a quarter of emissions, which has significant potential for global energy transition efforts.

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But because of the marginal nature of manufacturing and producing energy-intensive intermediate goods such as cement, chemicals and metals, industry tends to resist changes that erode profits.

The picture is further complicated by the uneven rate of industrial development across countries and around the world, making it impossible to decide whether and when the industry as a whole will finally be ready for the fossil fuel transition.

But the three major industrial economies, China, Germany and the United States, are each undergoing dramatic energy-saving reforms that are reshaping their industrial scenarios and driving greater change around the world.

Coal factory floor

Any industry discussion should include China, the world's largest producer and exporter of goods.

It has representatives from all types of industries at all levels of complexity, from very large manufacturers, from machinery, metals and electronics to ceramics, batteries and toys.

Industry is the backbone of China's economy, accounting for about half of total energy consumption and about a quarter of employment, according to IEA and World Bank statistics.

Therefore, other countries looking to develop their manufacturing bases turn to China for guidance, especially on how to reduce energy consumption and emissions.

Coal remains China's main industrial energy source, accounting for 43% of the sector's total energy supply in 2019, according to IEA data.

That's down from more than 60% in 2010, but coal's share is expected to fall further as Beijing pursues aggressive pollution reduction measures.

A third of China's industry is off the grid, up from 22% in 2010, and rapid electrification of manufacturers and factories is expected.

Natural gas In 2019, industrial power increased from 4% to 9% in 2015 and is expected to grow rapidly until Russia invades Ukraine this year.

China is still expected to use natural gas for power generation, but unless Beijing steps in with subsidies or fuel quotas it has used in the past, the cost-cutting industry could slow the switch from coal to gas.

Particularly for industry, Beijing is expected to rapidly expand its renewable energy supply, strengthen its position as a world leader in green energy, and ensure the long-term competitiveness of its operations.

With the proposed pioneering use of hydrogen as an industrial energy fuel, this will benefit Chinese manufacturers and help China become a leader in industrial decarbonization capabilities that can be deployed on a large scale in Asia.

Restarting the European economic engine

Germany also said it was at the forefront of carbon emissions, or until the Russo-Ukrainian war crippled the country's manufacturing base, sending electricity prices to record highs this year.

But the energy crisis has prompted the country's governments and industry leaders to accelerate a comprehensive energy transition strategy that will build the country's LNG import terminal in record time and dramatically increase domestic renewable energy supplies.

As a result, German industry, which accounted for 25% of Germany's total energy consumption in 2019, could switch from natural gas and external power grids to mostly electricity in much the same way.

If the country's major automakers and industry leaders can secure a technological and competitive advantage, other European manufacturers are likely to follow suit.

american dream

With the inflation adjustment (IRA) just introduced, American companies will be motivated to implement energy-efficient technologies en masse in the years to come, just as the country's power plants offer more renewable options. Read more

If both trends go as officials expect, US producers will benefit from lower energy costs and the creation of additional industries linked to the broader global energy transition, another core component of the IRA.

Throughout the year, industry accounted for 17% of total energy consumption in the US economy in 2019.

But large government funding and generous corporate incentives to reduce carbon emissions will help the United States become a world leader in helping many industrial economies chart a path to emission reductions.

The opinions expressed here are those of the author's Reuters columnist.

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Report by Gavin Maguire; Edited by Tom Hogg.

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Opinions expressed are those of the author. They do not reflect the views of Reuters News, which is committed to integrity, independence and impartiality based on the principles of integrity.

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Entertainment

Roundtable Entertainment Sets MultiPicture Financing, Production & Distribution Deal With Slated

Roundtable Entertainment Sets MultiPicture Financing, Production & Distribution Deal With Slated

EXCLUSIVE . Roundtable Entertainment, a multi-platform content production, financing and distribution company, has entered into a strategic partnership with Slated, which will present a curated selection of independent films for production through the online film packaging, financing and distribution platform Roundtable.

The partnership is a major milestone for Slated, as it becomes the first online film marketplace to sign a deal to stream its projects. This will allow Slate to benefit from The Roundtable's funding and distribution expertise, and The Roundtable from Slated's content pipeline and AI-powered project ranking system. The deal was brokered by Round Table's Griffin Hmelich as part of a broader distribution play.

There is no more deadline

The partnership's first feature is the dark thriller Shallows , starring Reed Miller ( Joe Bell ). Peak is a survival story centered around Bo (Reed), a teenager trapped in a swimming pool vent near an isolated desert home and battling hallucinations of his traumatic past in an attempt to survive. Noah Dorsey will direct from his script and produce with Will Wernick and Randy Kulina. Slated's Jay Burnley will pitch 10 films with Cinedigm, starting production this fall on the recently announced $15 million thriller in Los Angeles, with Roundtable's John Baldecci, Dominic Gianno, Gmelik and Sarah Donnelly producing:

Filmmakers interested in participating in Slate's production deal with Slate's Roundtable and Executive Producer Program can register with Slate and publish their projects for free using access to Slate's script and financial analysis.

Round Table is committed to partnering with Slated to produce and distribute high-quality independent films," said Dominique Jeaneau, Round Table President and CEO. "Our partnership will leverage the best that both companies have to offer, providing The Round Table with a steady stream of carefully selected films, many of which will be eligible for national distribution through our Cinedigm Thriller."

"Slate is proud to be at the forefront of breaking down barriers for independent filmmakers," said Anne Nguyen, CEO of Slate. "We're excited to partner with the Roundtable to fund and distribute even more high-quality films than Slate."

In addition to Shallow End , Roundtable Entertainment will present the thrillers Mother , All My Friends Die (directed by Marcus Dunstan) and Mystery (directed by Gary Fleder ) this year. The company is also developing a number of unscripted projects for television, including cooking and talk show EAT starring Gavin Rossdale .

Projected Film Market uses advanced data analytics, packaging tools and a custom scoring system to identify credible submissions and connect these projects with its active investor community. Among the films that will come to the list are Killing Room with Uma Thurman and Samuel L. Jackson; " Trill " with Alex Roe and Susie Bacon; The Inventor with Marion Cotillard and Daisy Ridley; and "Our son" with Billy Porter and Luke Evans in the main roles, all of them were co-financed as part of the Slated Executive Producer Program, which supports high-level projects.

The best term

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Round table with TV lighting

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Finance

Meloni Is Eyeing Giorgetti For Italys Finance Minister Post

Meloni Is Eyeing Giorgetti For Italys Finance Minister Post

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.

picture above

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.

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Computers

Are Computers Ruining Chess?

Are Computers Ruining Chess?

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.

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Finance

Debt Costs Overshadow Climate Finance In Small Island Statesreport

Debt Costs Overshadow Climate Finance In Small Island Statesreport

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

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Entertainment

Bound Entertainment Options Ann Liangs YA Debut ‘If You Could See The Sun; Will Develop As Series

Bound Entertainment Options Ann Liangs YA Debut ‘If You Could See The Sun; Will Develop As Series

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?!

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Sport

Triathlons To NBA: How Athletes Are Taking Back Control Of Sport

Triathlons To NBA: How Athletes Are Taking Back Control Of Sport

GettyImages-1431294426.jpg © Getty Images for IRONMAN GettyImages-1431294426.jpg

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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News

Fooled: Fox News Pundits Implode Amidst Elon Musk Whiplash

Fooled: Fox News Pundits Implode Amidst Elon Musk Whiplash

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What happens when the richest man in the world owns and operates the world's most powerful platforms on a whim? As right-wing pundits extol the billionaire's wealth and plan to "free speech," MSNBC host Ari Melber discusses Elon Musk's 6-month bid to buy out several Twitter acquisitions and grow his wealth in relation to democracy. .