Posted on 20 June 2024.
REVOLT’s new ownership structure provides employees an equity stake as the company, while remaining Black-owned and operated, continues its mission to become the largest media company powered by creators and fueled by culture.
BY REVOLT / 6.4.2024
In a historic announcement today (June 4), REVOLT, the leading Black-owned multi-platform media company and home for creators shaping Hip Hop and youth culture globally, revealed its newly projected largest shareholder group: current employees. As the company continues to pioneer a new era of entertainment that empowers creators and establishes a new media model, this transformative structure ensures that the employees who are driving the company’s growth also have the opportunity to benefit from its success. The allocation of equity participation will be rolled out over the next few months. We’re working diligently to ensure a smooth and fair distribution process.
Posted in Entertainment
Posted on 19 June 2024.
Martin Lawrence Will Smith in ‘Bad Boys: Ride or Die’
Sony’s Bad Boys: Ride or Die jolted the battered summer box office back to life with a better-than-expected domestic opening of $56 million and $104.6 million globally.
Moreover, it puts Will Smith on the road to a career comeback two years after the infamous Oscars slap.
Ride or Die, reuniting Smith with Martin Lawrence, is the fourth outing in Sony’s long-running franchise and earned an A- CinemaScore in North America alongside generally positive reviews. Just as promising, 44 percent of the audience was between ages 18 and 34, showing Smith has a following among younger consumers. Black moviegoers made up the largest quadrant of the audience with 44 percent.
Ride or Die is arguably the first film of the summer to come in notably ahead of tracking, which had it opening in the $48 million to $50 million range. It’s also the second biggest domestic launch of the season behind Kingdom of the Planet of the Apes, which debuted to $58 million domestically.
The $100 million film is the follow-up to Bad Boys for Life, which opened to $62 million domestically in January 2022 on its way to earning $426 million at the global box office before theaters were shut due to the pandemic. The Bad Boys series is produced by Jerry Bruckheimer.
Posted in Entertainment
Posted on 07 June 2024.
Tina Knowles and Beyoncé
Tough girl is what Beyoncé had to be when facing school bullies.
In fact, the “Texas Hold ‘Em” singer’s mother Tina Knowles reflected on her favorite memories of her childhood, and shared that Queen Bey went through some struggles in school.
“Beyoncé—she was very shy, and she got bullied a bit,” Tina shared in a Voguevideo posted May 27. “But the day that she stood up for someone—she didn’t stand up for herself but she stood up for them, I’m getting emotional talking about it—I couldn’t have been more proud.”
And while Tina visibly teared up when describing Beyoncé’s school days, she also gushed about her other daughter, Solange and Destiny’s Child member Kelly Rowland, who lived with the Knowles family from a young age.
“Solange, she was only in about fifth grade and she was out getting petitions signed,” Tina added. “So she was always an activist.”
As for Kelly, Tina noted, “I remember her being this little peacemaker.”
Posted in Entertainment
