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Business

Retail conglomerate Genuine Manufacturers Group readies for summer season IPO

People enter a Forever 21 store at a shopping mall in Montebello, California on September 30, 2019 a day after the fashion retailer filed for Chapter 11 bankruptcy protection.

Frederic J. Brown | AFP | Getty Images

The retail conglomerate Authentic Brands Group is preparing for an initial public offering that could come as soon as this summer, according to a person familiar with the matter.

Authentic Brands — which owns businesses including Juicy Couture, Brooks Brothers, Aeropostale and Forever 21 — is targeting a valuation of about $10 billion in its IPO, said the person, who requested anonymity because the discussions remain private. At $10 billion, that would mean Authentic Brands’ market value would surpass that of Under Armour, Kohl’s, Ralph Lauren and Dick’s Sporting Goods. However, the size of the deal could change since it isn’t finalized.

Authentic Brands was valued at more than $4 billion, inclusive of debt, when BlackRock invested in the business back in 2019.

The official registration statement for the public offering is expected to be filed by Authentic Brands in early July, the person said, and shares could begin trading by the end of that month.

A spokesperson from Authentic Brands declined to comment.

Since the company’s inception, Authentic Brands’ founder and CEO Jamie Salter has accumulated more than two dozen retail brands, including the bankrupt department store chain Barneys New York, Nautica and Nine West.

The business currently does more than $10 billion in retail sales annually, according to its website.

Authentic Brands’ strategy in recent years has entailed working with two of the biggest publicly traded mall owners in the United States, Simon Property Group and Brookfield Property Partners. The trio came together in 2016 to purchase the teen apparel retailer Aeropostale out of bankruptcy. They did it again with Forever 21 last year.

With Simon, Authentic Brands has separately created a joint-venture known as SPARC Group, which currently runs the operations of Brooks Brothers, Nautica, Aeropostale, Forever 21 and Lucky Brand.

Authentic Brands and SPARC recently announced they will be acquiring Eddie Bauer from the private-equity firm Golden Gate Capital.

In addition to BlackRock, Authentic Brands is backed by investors including General Atlantic and Leonard Green & Partners. BlackRock and General Atlantic declined to comment, while Leonard Green & Partners didn’t immediately respond to a request for comment.

“I’m in the first inning,” Salter told CNBC in an interview last year. “People are asking me, ‘Jamie. Mall-based retail? I don’t get it.’ … What I am going to say to you is, we need bricks and mortar. Retail really needs it.”

Bloomberg first reported on Authentic Brands’ plans to go public.

Categories
Politics

F.B.I. Identifies Group Behind Pipeline Hack

According to intelligence officials, all signs indicate that it was merely an act of extortion by the group that first began delivering such ransomware in August last year and that is believed to be operating from Eastern Europe, possibly Russia. Even in the group’s own testimony on Monday, there was evidence that the group had only intended to extort money from the company and was surprised that the main gasoline and jet fuel supplies for the east coast were cut.

The attack exposed the remarkable vulnerability of a major energy channel in the US as hackers become bolder in taking over critical infrastructure such as power grids, pipelines, hospitals and water treatment plants. The Atlanta and New Orleans city governments and, in recent weeks, the Washington, DC Police Department, have also been hit.

The explosion in ransomware cases has been fueled by the rise in cyber insurance – which has made many companies and governments mature targets for criminal gangs who believe their targets will pay off – and cryptocurrencies, which make it difficult to track extortion payments.

In this case, the ransomware was not targeting the pipeline’s control systems, but rather the company’s back-office operations, said federal officials and private investigators. However, fear of greater damage forced the company to shut down the system. This created the huge security gaps in the patched network that keeps gas stations, truck stops, and airports going.

A preliminary investigation found poor security practices at Colonial Pipeline, according to federal and private officials familiar with the investigation. The mistakes most likely made it fairly easy to break into and block the company’s systems.

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Politics

Professional-Biden Group to Start Advert Marketing campaign Selling His Agenda in Swing States

WASHINGTON – A new group dedicated to promoting President Biden’s ambitious agenda is launching a multi-million dollar advertising campaign that trumpets his Covid recovery package and infrastructure proposal, while contrasting Mr Biden’s low-key style with that of his bombastic predecessor.

Building Back Together, a progressive organization run by Biden allies, will be broadcasting minute-long television commercials next week in Pennsylvania, Nevada, Georgia and Wisconsin highlighting the president’s response to the coronavirus and sweeping economic plans. The group plans to spend more than $ 3 million for a month, including a shorter advertisement that will appear on digital platforms in the same four states and North Carolina.

Both of these points differentiate Mr Biden’s approach from that of former President Donald J. Trump.

“You won’t hear him yelling or angry tweets because the actions speak louder for Joe Biden,” says a narrator in the TV commercial.

The shorter digital advertisement concludes: “No drama, just results.”

The strategy shows how determined the Democrats are to continue to fight Mr. Trump effectively. He may not be in the White House or be allowed to send angry or abusive tweets, but his approval ratings have dropped even further since he left the presidency and he remains the best slide for Mr Biden, who has been unusually restrained for a new president.

Meanwhile, Mr. Biden draws solid, if not spectacular, early signs, a reflection of the country’s deep polarization.

As he turns to an extensive and expensive menu of domestic proposals aimed at stimulating the economy, fighting poverty and tackling climate change, his supporters hope to retain the electorate support that helped him partly win last year have by reminding them of Mr. Biden’s predecessor.

“The message is simple: chaos is over, competence is in, and help is there for Americans,” said Stephanie Cutter, a Building Back Together advisor who is close to Mr. Biden and senior officials from the West Wing.

The group, which was first reported in February, airs in select and costly markets: Las Vegas, Atlanta, Philadelphia, and Milwaukee; and Scranton, Pennsylvania, Mr. Biden’s childhood home. The group has done some research because it has stated that it will not disclose the identity of its donors.

The ads aim to convince people of color, upscale white suburbanites, and the smaller group of working class whites who have switched from supporting Mr. Trump in 2016 to supporting Mr. Biden in 2020 from independent or even Republican-minded voters who supported Mr Biden but may have voted for GOP candidates below.

The goal for this and future ad blitzes, officials say, is to try to cement the president’s new coalition by reminding them of what they may not have liked about Mr. Trump and by following the agenda of Put Mr. Biden up. They hope that by mixing television and digital, they will reach voters across platforms and throughout the day.

Georgia, Nevada, Pennsylvania, and Wisconsin are not only major battlegrounds for the president, but they also have some of the most significant races for next year’s Senate and governor seats.

These new efforts, mainly aimed at promoting Mr. Biden, could also help Democratic candidates in those states whose medium-term fortunes depend in large part on the president’s popularity. Many in the party, including Mr Biden himself earlier this year, have said that former President Barack Obama did not do enough to highlight his early agenda and paid a price for it in the 2010 midterm elections.

This is the group’s first advertising campaign, but the organization intends to be the main external group for Mr Biden at least until next year’s mid-term election. The name comes from the president’s campaign slogan, which has become an abbreviation for his post-Covid economic proposals.

Categories
Entertainment

Shock G, Frontman for Hip-Hop Group Digital Underground, Dies at 57

When it was Mr. Shakur’s turn he quickly released a thoughtful verse about the dangers of success: “Get some fame, people change.”

Mr. Shakur had auditioned for Shock G and was hired as a member of the group’s street crew. He ended up performing and recording with Digital Underground. He appeared in the groups “This Is an EP Release” (Tommy Boy) and “Sons of the P” (Tommy Boy), which were nominated for a Grammy Award.

In 1991, Mr. Shakur started a solo career with the album “2Pacalypse Now” (Interscope), which sold half a million times. It included two humble hits, “Trapped” and “Brenda’s Got a Baby,” a song about the plight of an unmarried teenage mother. Before the album was released, he also began a career as a film actor, playing the violent, unpredictable bishop in the Ernest Dickerson film “Juice”.

Until 1993, Mr. Shakur was a rising star. Shock G and another member of the Digital Underground, Money B, appeared on Mr. Shakur’s album and helped create his first big hit, “I Get Around,” a poolside hymn with a relaxed beat. But now it was Shock G with an Afro T-shirt and an oversized purple T-shirt that said, “Now you can tell from my everyday seizures that I’m not rich man caught in the mix / Tryna makes 15 cents one dollar. “

Shock G was born in Brooklyn on August 25, 1963, and his musical instincts were shaped by a childhood spent moving around the country. His mother, Shirley Kraft, was a television producer; his father, Edward Racker, was a senior executive in computer administration. After the couple divorced, “I spent most of my time in Tampa, but I also lived in New York, Philly, and California,” Shock G told the Times. “I was always interested in music and played in bands when I was 10 or 11 years old.”

His grandmother, Gloria Ali, was a pianist and cabaret singer in Harlem in the 1950s. She taught him how to play Thelonious Monk’s “Round Midnight” on the piano. When hip-hop picked up speed in New York in the late 1970s, Shock G, who lived there at the time, recalled: “All my friends and I sold our instruments to buy mixers and turntables.”

Shock G is survived by his parents; his sister Elizabeth Racker; and his brother Kent Racker.

Shock G saw music as expansive, inclusive, and experimental. “Funk can be rock, funk can be jazz and funk can be soul,” he told the Times. “Most people have a checklist of what makes a good pop song: It has to be three minutes long, have a repeatable chorus, and have a catchy catch. That makes music stale. We say, “Do what feels good.” If you like it for three minutes, you will love it for 30 minutes. “

Christina Morales and Jesus Jiménez contributed to the coverage.

Categories
Politics

Trump Backs New Group for Conservative Donors

Former President Donald J. Trump supports a group whose officials say it will aim to fight the sprawling democratic donor network, the Democracy Alliance. This is Trump’s most recent attempt to shape and campaign for Republican fundraisers since leaving the White House.

The group, known as the America Alliance, will urge donors to make annual dues and commit to giving $ 100,000 to candidates and organizations recommended by the umbrella group. This is evident from internal documents and people who are familiar with the plans. Mr Trump has asked Michael Glassner, the former chief operating officer of the 2020 Trump re-election campaign, to become the chief executive officer.

The new group will recommend making contributions to companies founded or partnered with Trump allies, as well as organizations affiliated with Mr. Trump, including a proposed Super PAC and his own multi-candidate PAC.

Internal documents for the group, reviewed by the New York Times, contain a notice that No. Employees “are paid on a commission basis.”

Mr Trump said in a statement to the Times that the group – as well as its own candidate committees and party committees – was a way to gain a foothold against Democrats.

“Republicans have been at a fundraising disadvantage for years, but now we’re going to beat the Democrats at their own game thanks to Save America, Make America Great Again PAC, the America Alliance, our fine party committees, and all of our other support groups,” said Mr. Trump.

The group was originally conceived by Caroline Wren, a professional fundraiser who worked for officials like Senator Lindsey Graham of South Carolina and worked on the former president’s re-election campaign. When it was first given to donors weeks ago, some aides to Mr Trump said he was dissatisfied with its existence because it competed with other groups he supported and that he hadn’t signed it. Since then, he has become aware of the idea of ​​a new group that, according to official information, will focus on grassroots activities and donations to other organizations.

Mr. Trump decided to install Mr. Glassner at the top of the structure, with Ms. Wren working for Mr. Glassner as a senior advisor along with a number of other senior executives and a board of directors of a dozen advisors.

Ms. Wren has told strategists that she has met more than 100 donors in the past five months and has repeatedly heard a wish that these types of businesses can channel money more effectively.

Mr Trump’s move comes as the Republican donor class enters an intermediate and new presidential cycle in which the Republican National Committee, Congressional committees, and individual candidate committees vie for donor support.

Mr. Trump’s Political Action Committee, Save America, has nearly $ 90 million in store, raised mostly in the weeks following the November 3 elections, which he falsely claimed were stolen from him. The former president has repeatedly drawn lots for fundraisers at his private club, Mar-a-Lago, for candidates seeking his support.

Categories
Business

Realtors Need to Promote You a House. Their Commerce Group Backs Evicting Others.

“Redfin has consistently spoken out in favor of moratoria,” said its managing director Glenn Kelman. “History will judge us.”

Updated

April 16, 2021, 9:16 p.m. ET

Zillow also supports the CDC Edict and believes that moratoriums work most effectively when policies and assistance programs include landlords and property managers in addition to tenants. Research released last month suggests that if everything is in order with laws, regulations, their implementation and the economy, there could be only 130,000 evictions in the near future. But it’s hard to predict.

On location in Atlanta, Bilal Shareef also sees the wisdom of the coordinated approach that Zillow outlines. “I definitely don’t feel like we should sue the government,” said Shareef. “Instead of evicting tenants, you are also providing support to landlords.”

Mr. Shareef is president of the Empire Board of Realtists, a pointy trade organization that was founded in 1939 when other groups excluded black real estate professionals from their ranks. He is also one of the 1.4 million members of the NAR

“Sometimes we have to be inside to keep them honest about some things,” he said.

Warren Buffett’s Berkshire Hathaway plays a huge role in the Georgia real estate sales scene. Its executive director there, Dan Forsman, said in an interview this week that he did not take a public position on the eviction moratorium before I called him. But Mr Forsman believes the moratorium should end on June 30th, the end of its current extension.

His view is nuanced because he had Covid himself. “I was scared to death,” he said. The moratorium made sense to him last year when it became clear how concerned some of his employees were. The unemployment rate was also terrifying. In the Atlanta area, it grew to 12.9 percent last April. By February, however, it had fallen to just 4.7 percent.

“I am grateful for the guidance the CDC has shown,” said Forsman. “They put their tails on a leash and protected those who couldn’t protect themselves. And now it’s time to move on. “

Categories
Politics

Nike, FedEx focused by progressive group calling for greater company taxes

A FedEx employee loads deliveries in San Francisco.

Getty Images

A progressive group urging Congress to raise the corporate tax rate is launching an advertising campaign for FedEx and Nike, two large American companies with light federal taxes, the group said on Monday.

Tax March, which held dozens of demonstrations in 2017 urging former President Donald Trump to publish his tax returns, plans to post ads for FedEx on Tuesday. The television commercials will air in Washington, DC and in Memphis, Tennessee, where FedEx is headquartered.

A report by the Institute for Taxes and Economic Policy said FedEx “zeroed its federal income tax on $ 1.2 billion in pre-tax income in 2020 and received a $ 230 million discount.” The report says the lack of tax payments by some companies is likely related to historical tax breaks, as well as Trump’s 2017 tax reform plan and certain elements of the coronavirus relief act known as the CARES Act.

Tax March also plans to target Nike next week with a newspaper ad in the shoe giant’s home state of Oregon, according to Dana Bye, the group’s campaign leader. She said the newspaper ad will have a message similar to the TV ad that focuses on FedEx.

The institute’s report states that Nike did not “pay a cent of federal tax on nearly $ 2.9 billion in pre-tax income last year, but received a tax rebate of $ 109 million.”

CNBC policy

Read more about CNBC’s political coverage:

“FedEx will pay all federal, state and local taxes totaling over $ 20 billion between 2016 and 2020. During that time, Congress passed new tax laws to help companies like FedEx make additional investments in their employees The local economies have created new jobs and improved infrastructure. These changes were laws, not loopholes, “company spokeswoman Isabel Rollison said in a statement after the story was published.

After making her initial statement, Rollison later told CNBC, “FedEx will pay all US federal, state and local taxes totaling over $ 9 billion between 2016 and 2020.”

“FedEx has collected and remitted over $ 20 billion in taxes in the United States (individual income, payroll, customs fees, and state and local sales taxes) for the past five fiscal years 2016-2020,” she added.

A Nike representative did not respond to CNBC’s request for comment.

President Joe Biden said he would raise the corporate tax rate to 28% to fund his $ 2 trillion infrastructure reform package. Since then, he has stated that he is ready to negotiate a possible corporate tax hike as moderate Democrats like Senator Joe Manchin, DW.Va., pushed the tax rate back to 28%.

Bye said the campaign will cost nearly $ 500,000 in total. It will also include digital ads on Facebook and other platforms.

The TV ad, which was first reviewed by CNBC, targets FedEx as one of several companies that have recently paid little to no federal corporate income taxes.

“Tell Congress, it’s time to put people first,” said a voice-over on the FedEx ad. “Let companies like FedEx pay their fair share.”

FedEx recently told CNBC that it opposed a corporate tax hike to pay for Biden’s infrastructure plan. Stakeholders like the Chamber of Commerce and the Business Roundtable have also spoken out against the idea of ​​raising the corporate tax rate to pay for the infrastructure.

“I think the biggest message we’re trying to make with this campaign is that we can’t let tax evaders like FedEx drive the tax debate,” Bye said.

Tax March is a project of the Sixteen Thirty Fund, a 501 (c) (4) dark money organization that donated just over $ 60 million to democratic groups, including millions to Super-PACs, during the 2020 election , the Biden support the non-partisan Center for Responsive Politics.

Tax March’s campaign is one of the first to adopt companies since Biden became president. Corporations are under pressure to respond to new electoral laws recently passed in Georgia.

Categories
Politics

As Biden Weighs Infrastructure, One Group Fights for Inclusion: Moms

Mothers and family lawyers cite a long list of political frustrations. Congress declined to mandate paid vacation in the stimulus plan, choosing instead to give a tax credit to employers who volunteer the policy. While the auxiliary bill included money for reopening the school, the support was not targeted and comes towards the end of the school year. And it remains unclear whether the administration will push for a permanent childcare tax credit.

“Mothers are screwed on right or left. I don’t feel like anyone out there is fighting for us, ”said Reshma Saujani, founder and CEO of Girls Who Code, a group that works to attract more young women to programmers and engineers. “There is a tremendous amount of populist anger from mothers and I don’t think mothers feel seen. Why are the schools not open now? Every day a different mother loses her job. It’s not a priority. “

Ms. Saujani is the creator of the Marshall Plan for Mothers, a package of measures to fund paid vacations, affordable childcare and equal pay to help mothers who have struggled during the pandemic. While parts of her plan have been presented in Congress and included in the Aid Act and welcomed by policymakers, celebrities and activists, Ms. Saujani would like more attention to be given to what she views as a national emergency.

“Absolutely everything is a struggle right now – getting sick leave, getting my son to study, getting help,” said Adriana Alvarez, a 9-year-old single mother who works at a McDonald’s outside of Chicago and has cut her hours back significantly last year. “There has to be a government-funded solution to help people like me.”

For others who have been pushing this policy for years, the moment seems most ripe: if a pandemic isn’t enough to convince lawmakers to pass policies like paid family leave, will anything ever convince them?

Frequently asked questions about the new stimulus package

How high are the business stimulus payments in the bill and who is entitled?

The stimulus payments would be $ 1,400 for most recipients. Those who are eligible would also receive an identical payment for each of their children. To qualify for the full $ 1,400, a single person would need an adjusted gross income of $ 75,000 or less. For householders, the adjusted gross income should be $ 112,500 or less, and for married couples filing together, that number should be $ 150,000 or less. To be eligible for a payment, an individual must have a social security number. Continue reading.

What Would the Relief Bill do for Health Insurance?

Buying insurance through the government program known as COBRA would temporarily become much cheaper. Under the Consolidated Omnibus Budget Reconciliation Act, COBRA generally lets someone who loses a job purchase coverage through their previous employer. But it’s expensive: under normal circumstances, a person must pay at least 102 percent of the cost of the premium. Under the Relief Act, the government would pay the full COBRA premium from April 1 to September 30. An individual who qualified for new employer-based health insurance elsewhere before September 30th would lose their eligibility for free coverage. And someone who left a job voluntarily would also be ineligible. Continue reading

What would the child and dependent care tax credit bill change?

This loan, which helps working families offset the cost of looking after children under the age of 13 and other dependents, would be significantly extended for a single year. More people would be eligible and many recipients would get a longer break. The bill would also fully refund the balance, which means you could collect the money as a refund even if your tax bill were zero. “This will be helpful to people on the lower end of the income spectrum,” said Mark Luscombe, chief federal tax analyst at Wolters Kluwer Tax & Accounting. Continue reading.

What changes to the student loan are included in the invoice?

There would be a big one for people who are already in debt. You wouldn’t have to pay income taxes on debt relief if you qualify for loan origination or cancellation – for example, if you’ve been on an income-based repayment plan for the required number of years, if your school cheated on you, or if Congress or the President whisper $ 10,000 debt gone for a large number of people. This would be the case for debts canceled between January 1, 2021 and the end of 2025. Read more.

What would the bill do to help people with housing?

The bill would provide billions of dollars in rental and utility benefits to people who are struggling and at risk of being evicted from their homes. About $ 27 billion would be used for emergency rentals. The vast majority of these would replenish what is known as the Coronavirus Relief Fund, which is created by the CARES Act and distributed through state, local, and tribal governments, according to the National Low Income Housing Coalition. This is on top of the $ 25 billion provided by the aid package passed in December. In order to receive financial support that could be used for rent, utilities and other housing costs, households would have to meet various conditions. Household income must not exceed 80 percent of area median income, at least one household member must be at risk of homelessness or residential instability, and individuals would have to be due to the pandemic. According to the National Low Income Housing Coalition, assistance could be granted for up to 18 months. Lower-income families who have been unemployed for three months or more would be given priority for support. Continue reading.

Nearly 200 companies signed a letter to convention leaders last week asking them to add paid family and sick leave to the upcoming infrastructure package. Many believe this is the best chance of getting Congress-approved policies. Liberal organizations and caregiver advocacy groups have launched their own $ 20 million campaign called #CareCantWait urging administrations to increase access to childcare, paid family and sick leave, and home and community services for people with disabilities and the elderly to expand adults.

Categories
Health

Is It Secure to Go Again to Group Train Class on the Gymnasium?

Not every facility has a carbon dioxide monitor, but it is worth asking your facility if they have one in the group gym and if you can check it out. If the carbon dioxide level is below 600 ppm (the closer to 500 the better) it is a sign that the room ventilation is adequate for physical activity. As the number increases, ask them to open a window or door – or leave the class. When Dr. Marr was visiting an indoor pool, she noticed that the ventilation in the room was poor and left.

The International Health, Racquet and Sportsclub Association, an industry group, has launched an initiative called IHRSA Active & Safe Commitment to follow industry best practices and create a safe environment. Facilities that sign the pledge promise to adhere to physical distancing and mitigation measures, security protocols, and contact tracing.

IHRSA urges the gym to have a list of the logs on their website and at the facility. Protocols should include at least ventilation and fresh air exchange, capacity limits, distancing protocols, and a clear mask policy. “I would specifically ask about ventilation practices, whether the wearing of masks is mandatory at all times and whether classes and equipment should be distributed in a way that allows adequate social distancing,” said Cedric Bryant, president and chief science officer of the American Council on Exercise.

Your risk of contracting coronavirus or developing serious illness drops dramatically if you have been vaccinated. However, vaccinated individuals are still advised to take the same precautions as anyone else in public facilities. In most states, the people most likely to go to gyms or teach a fitness class are younger and healthier, and therefore less of the first to get vaccinated. According to IHRSA, 73 percent of fitness and fitness class participants are 55 years and younger.

While everyone should wash their hands and wipe fitness equipment, users shouldn’t judge a gym just by how often it promises to clean and refurbish an area. “We should still do what we did before and wipe your machine down when you’re done,” said Dr. Marr. “Maintaining a normal level of cleaning is appropriate. But every extra time and effort a gym has makes it clear the air. “

Dr. Marr notes that proper ventilation, physical distancing, and class size restrictions will have the greatest impact on your safety. She recently posted on Twitter that ventilation is so important that she even had a nightmare.

“I had my first Covid-19 nightmare (which I remembered),” read Dr. Marr’s tweet. “I finished tough group training in a gym. I looked around and panicked because I saw that all the doors were closed. “

Do you have a health question? Ask well

Categories
Entertainment

The Golden Globes’ Greatest Winner Could Be the Group That Fingers Them Out

Die Hollywood Foreign Press Association wurde allgemein als farbenfroh, im Allgemeinen harmlos, vielleicht venal und nicht unbedingt journalistisch produktiv angesehen. Aber weil die Gruppe die Golden Globes anlegt, ist die Werbung für die Gunst ihrer Mitglieder – es gibt nur 87 – zu einer ritualisierten Verfolgung in Tinseltown geworden.

Prominente schicken ihnen handgeschriebene Weihnachtskarten. Die Studios haben sie in Fünf-Sterne-Hotels untergebracht. Champagner, teurer Wein, signierte Kunst, Kaschmirdecken, Hausschuhe, Plattenspieler, Kuchen, Kopfhörer und Lautsprecher gehören zu den Geschenken, die vor der Haustür angekommen sind, sagen die Empfänger.

Die Bewerber – Studios, Produktionsfirmen, Strategen und Publizisten – verfolgen alle dasselbe: die Stimmen der Mitglieder. Jeder zählt. Eine Golden Globe-Nominierung und sicherlich ein Gewinn ist ein Werbegag, der Karrieren ankurbeln, die Einnahmen an den Abendkassen steigern und einen Oscar vorwegnehmen kann.

Die Globes sind die dritthäufigste Preisverleihung nach den Grammys und den viel ruhigeren Oscar-Verleihungen. Die Show nimmt einen merkwürdigen Platz in der Unterhaltungsindustrie ein. Das Verspotten der Globen und ihre gelegentlichen Nominierungen und Auswahlmöglichkeiten, die irrelevant sind, sind in der Hollywood-Presse zu einem jährlichen Blutsport geworden, der sie sowieso abdeckt, und die Mitglieder des Verbandes, von denen viele für obskure Outlets arbeiten, werden regelmäßig gemalt als zwielichtig, berührungslos und leicht korrupt.

“Die Golden Globes sind für die Oscars das, was Kim Kardashian für Kate Middleton ist”, sagte Ricky Gervais, der sie mehrfach gehostet hat, bei der Zeremonie im Jahr 2012. “Etwas lauter. Etwas trashiger. Etwas betrunkener. Und angeblich leichter zu kaufen. Nichts wurde bewiesen. “

Aber am Vorabend der Show am 28. Februar bieten eine kürzlich durchgeführte Klage und eine Reihe von Interviews und Finanzberichten einen schonungsloseren Blick auf die Gruppe, die ihre Liste nicht öffentlich auflistet, nur sehr wenige Bewerber zulässt und obwohl sie eine ist Medienverband, hat einige Mitglieder, die sagen, sie haben Angst, mit der Presse zu sprechen. Die Gruppe wird auch von Nachrichtenorganisationen, darunter der Los Angeles Times, die sich kürzlich mit ihren Finanzen befasst haben, eingehender untersucht. Eine seiner Erkenntnisse, dass die Gruppe keine schwarzen Mitglieder hat, machte Schlagzeilen.

Die letzte Überprüfung begann letztes Jahr, als Kjersti Flaa, eine norwegische Reporterin, der dreimal die Aufnahme in die Gruppe verweigert wurde und deren romantischer Partner Mitglied ist, die Organisation verklagte und erklärte, dass sie als Monopol fungiere und wertvolle Interviews verhöhne relativ wenige seiner Mitglieder arbeiteten aktiv als Journalisten. Die Studios gingen mit, um sich selbst einzuschmeicheln, sagte sie, wegen des Wertes der Stimmen der Mitglieder.

“Es ist sehr offensichtlich, wer für die Studios wichtig ist und wer nicht”, sagte Flaa in einem Interview. „Und die Sache ist, niemand hat zuvor etwas darüber gesagt. Es wurde einfach akzeptiert. “

Die Mitglieder seien territorial und nicht bereit, Wettbewerber willkommen zu heißen, behauptete sie und forderten sich gegenseitig auf, neue Bewerber zu akzeptieren oder zu verweigern, ohne dabei journalistische Verdienste zu berücksichtigen. Flaa wies auf einen Streit mit einem russischen Mitglied hin, dem 2015 vorgeworfen wurde, von einem ukrainischen Antragsteller verlangt zu haben, dass er nicht für russische Verkaufsstellen schreibt und ihre zusätzlichen Golden Globes-Tickets übergibt – und ihr Versprechen in einem notariell beglaubigten Brief garantiert -, um dafür in Betracht gezogen zu werden Eintritt.

Flaa sagte, Außenstehende hätten einen Spitznamen für den Verein: “Das Kartell”.

Der Verband wollte sich nicht speziell zu dem Vorfall von 2015 äußern, aber Gregory Goeckner, Chief Operating Officer und General Counsel der Organisation, sagte, dass solche Handlungen verboten seien und dass sein Vorstand 2018 eine Richtlinie genehmigte, in der solche Briefe als „nichtig und nicht durchsetzbar“ bestätigt würden. ” Goeckner beschrieb Flaas Anschuldigungen auch als “gewalttätig” und sagte, es seien die Studios, nicht der Verein, die Entscheidungen über den Zugang zur Presse getroffen hätten.

Ein Richter warf den größten Teil von Flaas Klage zurück, aber sie hat sie kürzlich geändert, und eine andere Journalistin, der ebenfalls die Einreise in den Verein verweigert wurde, hat sich ihrer Beschwerde angeschlossen.

Mehrere aktuelle und ehemalige Verbandsmitglieder sagten, Flaas Berichte über die inneren Machenschaften seien korrekt, baten jedoch um Anonymität, weil sie Vergeltungsmaßnahmen der Gruppe befürchteten.

Die Hollywood Foreign Press Association wurde in den 40er Jahren geboren, als sich ausländische Korrespondenten über Hollywood zusammenschlossen, um Zugang zu Filmstars zu erhalten. The Globes erkennen Filme und Fernsehen und sind voller Stars, mit keiner Snoozy-Kategorie – hier gibt es keinen Preis für Tonbearbeitung. Als der Branchenkomplex für Auszeichnungen in die Höhe schoss – es ist jetzt ein fast ganzjähriges Unternehmen, das von Strategen geprägt und von Reportern genau verfolgt wird -, wuchs auch die relative Macht der Mitglieder.

Nachdem die Show vom Fernsehen aufgenommen wurde, wurde sie zu einer goldenen Gans. Im Jahr 2018 erklärte sich NBC bereit, 60 Millionen US-Dollar pro Jahr für Übertragungsrechte zu zahlen, was etwa dem Dreifachen der vorherigen Lizenzgebühr entspricht. Während die Oscar-Verleihung und die Emmys in den letzten Jahren Millionen von Zuschauern verloren haben, hat sich das Publikum der Golden Globes konstant auf 18 bis 20 Millionen gehalten, weshalb NBC bereit war, sich zu verbessern.

“Es ist eine Fernsehshow eines großen Zeltnetzwerks und als solche von unschätzbarem Wert für Filmkampagnen, die darauf hoffen, um Oscar-Nominierungen und Siege zu kämpfen”, sagte Tony Angellotti, ein Publizist, der Preiskampagnen durchführt, in einer E-Mail. „Und die HFPA-Erfolgsbilanz bei der Identifizierung würdiger Filme ist unbestritten. Das ist nicht nichts. “

Um für einen Globus stimmen zu können, müssen Mitglieder mindestens sechsmal im Jahr veröffentlichen und an 25 Pressekonferenzen des Verbandes teilnehmen, zu denen Prominente und Nachrichtenmacher eingeladen sind, bestätigten mehrere Mitglieder. Wenn Mitglieder zum Zeitpunkt des Vereins zu Filmfestivals reisen möchten, müssen sie laut einer Kopie der von der New York Times überprüften Reiserichtlinien an noch mehr Pressekonferenzen teilnehmen. Die Regeln besagen, dass sie keine Presseausschnitte im Zusammenhang mit ihren Reisen erstellen müssen, wenn sie fünf oder weniger Reisen unternehmen.

Da die Organisation gemeinnützig ist, ist auch die Hollywood Foreign Press Association steuerfrei. Die Einreichung des im Juni 2019 endenden Steuerjahres ergab, dass die Gruppe auf rund 55 Millionen US-Dollar in bar saß. Es spendete etwa 5 Millionen US-Dollar für verschiedene Zwecke, darunter 500.000 US-Dollar für das Reporter-Komitee für Pressefreiheit und 500.000 US-Dollar für die Umwelt-Website Inside Climate News.

“Die Finanzierung war enorm wichtig”, sagte David Sassoon, der Gründer und Herausgeber von Inside Climate News, in einer E-Mail. “Es hat unsere Finanzen gefestigt und uns geholfen, die Albträume von 2020 zu überstehen.”

Den Steuererklärungen zufolge zahlte die steuerbefreite gemeinnützige Organisation mehr als 3 Millionen US-Dollar an Gehältern und anderen Entschädigungen an Mitglieder und Mitarbeiter. Die Steuererklärung ergab auch Reisekosten in Höhe von 1,3 Mio. USD für dieses Jahr. Der Verein hat angegeben, dass er in der Regel die Kosten für Mitglieder übernimmt, die zu Filmfestivals und dergleichen reisen möchten.

Es gibt auch eine Entschädigung für die Erfüllung von Aufgaben, von denen mehrere Mitglieder sagen, dass sie früher kostenlos erledigt wurden. Laut dem Bericht des Schatzmeisters von der Januar-Generalversammlung des Verbandes zahlt die Mitgliedschaft im TV Viewing Committee des Vereins monatlich 1.000 US-Dollar. Mitglieder des Foreign Film Watching Committee stecken pro Stück 3.465 US-Dollar ein. Laut Protokoll sitzen zwei Dutzend Personen in diesem Ausschuss, was bedeutete, dass die Anforderungen an das Ansehen internationaler Filme den Verband in einem Monat 83.160 USD kosteten.

Der Verein hat auch einen beratenden Ausschuss, einen Geschichtsausschuss, einen Wohlfahrtsausschuss, einen Reiseausschuss, einen Filmfestivalausschuss, einen Finanzausschuss und einen Veranstaltungsausschuss, die laut Bericht des Schatzmeisters alle mit Stipendien ausgestattet sind.

Einige Mitglieder gaben an, dass die Zahl der zahlenden Ausschüsse in den letzten Jahren explodiert ist. Die Mitglieder kämpfen um mehrere Positionen und die Loyalität wird durch die Ernennung von Ausschüssen belohnt. Dies hat einige beunruhigt, die wollen, dass der Verein in der Stadt weniger zur Pointe wird. Ein Mitglied befürchtete, dass die Gruppe von Mitgliedern überrannt wird, die den größten Teil ihres Einkommens aus der Organisation und nicht aus dem Journalismus beziehen.

Goeckner sagte, der Verein entschädige die Mitglieder nur, wenn sie zusätzliche Arbeit verrichten und im Grunde genommen als Angestellte fungieren, um Aufgaben zu erledigen, die eine bezahlte Arbeit der Mitarbeiter an anderer Stelle darstellen würden. Die Entschädigung sei “um Größenordnungen geringer” als die, die ähnliche Organisationen zahlen. Und er bemerkte, dass die Gruppe „keine Wohltätigkeitsorganisation“ sei und dass das angesammelte Kapital für eine geplante Modernisierung des Hauptsitzes in West Hollywood vorgesehen sei.

Dennoch gibt es Debatten darüber, wie viel von seinen Einnahmen der Verein für sich behalten sollte.

Der Anwalt von Flaa, David Quinto, sagte, dass der Verband aufgrund seines Steuerbefreiungsstatus ausländischen Kunstjournalisten im weiteren Sinne zugute kommen sollte, nicht nur denjenigen in der Gruppe. Er sagte, der Verband “glaubt, dass er über dem Gesetz steht” und nannte sein Verhalten “offensichtlich unangemessen”.

Ofer Lion, ein Anwalt in Los Angeles mit Fachkenntnissen in steuerbefreiten Organisationen, sagte jedoch, dass Unternehmen mit gegenseitigem Nutzen wie der Verband nur einem gemeinsamen Zweck ihrer Mitglieder zugute kommen müssen und dies als steuerbefreite Organisation nach 501 (c) (6) tun müssen Stellen Sie nur sicher, dass sie in irgendeiner Weise ihrer Branche insgesamt zugute kommen. Zahlungen an Mitglieder für ihre Arbeit für die Organisation seien legal, solange sie als angemessen angesehen würden.

“Dort gibt es einige gesunde Zahlen”, sagte Lion, nachdem er die Steuererklärung der Organisation überprüft hatte, “aber nicht wirklich blass.”

Die erklärte Mission der Gruppe besteht im Wesentlichen darin, die Beziehungen zwischen den Vereinigten Staaten und dem Ausland zu stärken, indem sie ihre Kultur- und Unterhaltungsindustrie abdeckt. Aber es wurde immer wieder unter die Lupe genommen, als rätselhafte Preisentscheidungen getroffen wurden, am bekanntesten 1982, als Pia Zadora über Kathleen Turner und Elizabeth McGovern zum besten neuen Star gekürt wurde. Später wurde bekannt, dass Zadoras Produzent, der zufällig auch ihr Ehemann war, die Gruppe vor der Abstimmung nach Las Vegas geflogen hatte. CBS, die die Sendung ausgestrahlt hatte, stellte ihre Sendung ein, und es würde Jahre dauern, bis sie zum Netzwerkfernsehen zurückkehrte.

Im Jahr 2014 veröffentlichte ein ehemaliger Verbandspräsident eine Abhandlung, in der er vorschlug, dass seine Kollegen durch den Bevorzugungshandel beeinflusst werden könnten.

Der Verein hat in den letzten Jahren versucht, sein Image zu verbessern. 1999 schickte sie 400 US-Dollar Coach-Uhren zurück, die von einer Filmfirma an Mitglieder ausgegeben wurden, und forderte die Mitglieder 2016 auf, einen Teil des Duftgeschenks der Marke Tom Ford zurückzugeben, das jeder von ihnen von den Herstellern von „Nocturnal Animals“ erhalten hatte.

Heutzutage dürfen Mitglieder keine Geschenke über 125 USD annehmen. (Die Gruppe sagt, sie habe eine „robustere“ Geschenkpolitik eingeführt.) Dennoch können sie umworben werden. Für einige war es keine Überraschung, als die schaumige Serie „Emily in Paris“, die von Kritikern ausgesprochen gemischte Kritiken erhielt, dieses Jahr zwei Golden Globe-Nominierungen erhielt. Im September 2019 flogen Dutzende von Verbandsmitgliedern nach Paris, um das „Emily“ -Set zu besuchen, und wurden vom Paramount Network im Fünf-Sterne-Hotel Peninsula eingerichtet.

Und obwohl es angeblich eine Welle von Reformen gegeben hat, ist die eklektische Mitgliederliste der Gruppe seit Jahren weitgehend gleich geblieben.

Eine Überprüfung eines Dienstplans für 2020 zeigt, dass zu seinen Mitgliedern Yola Czaderska-Hayek gehört, eine Frau, die als „polnische First Lady von Hollywood“ bekannt ist; Alexander Newski, ein ehemaliger Mr. Universe und Bodybuilder, der in Filmen wie „Moscow Heat“ mitgespielt hat; und Judy Solomon, eine Veteranin der Organisation von mehr als 60 Jahren, die auf ihre Rolle als “The Golden Beast” aufmerksam gemacht hat, eine Aufgabe von nicht geringer Bedeutung, wenn es darum geht, Prominente bei der Zeremonie ohne Rüschen zu setzen Gefieder.

In Erklärungen gegenüber der New York Times zeigten sich zwei langjährige Mitglieder der Organisation stolz auf die Hollywood Foreign Press Association und ihre Arbeit. Eines der Mitglieder, Meher Tatna, der derzeitige Vorstandsvorsitzende, wies auf die philanthropischen Initiativen der Gruppe hin und sagte, sie habe das ganze Jahr über Dankesbriefe erhalten.

Czaderska-Hayek wiederholte diesen Stolz in einem Video, das die polnische Regierung 2010 auf YouTube gepostet hatte, stellte jedoch auch fest, dass die Forderung nach einer Mitgliedschaft eine Belastung darstellen könnte.

“Es ist unglaublich harte Arbeit”, sagte Czaderska-Hayek laut den englischen Untertiteln des Videos. “Wir müssen jedes Jahr mindestens 300 US-Filme sehen.”

Alain Delaquérière und Kitty Bennett haben Forschung betrieben.