Daily Archives: May 23, 2018

Leumi Reports Net Profit of NIS 730 Million ($208 Million) for Q1 2018 – a 17.4% Increase From the Corresponding Period Last Year

TEL AVIV, Israel, May 24, 2018 /PRNewswire/ —

Return on equity in the first quarter of 2018 (on an annual basis) reached 9.0%, compared with 8.1% in the corresponding period last year.
Net Credit to the public increased by 2.5% compared with the corresponding period…

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Essity and WSSCC Hygiene and Health Report 2018-2019: Prioritizing Hygiene and Health is key to Personal Well-being and Public Progress

STOCKHOLM, May 24, 2018 /PRNewswire/ — Today, Essity and United Nation’s entity Water Supply and Sanitation Collaborative Council (WSSCC) launch the sixth edition of the Hygiene and Health Report. Hygiene and health are critical catalysts for solving several global societal issues stated…

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Ingalill Östman Leaves Her position as Director of Corporate Communications at Castellum

GÖTEBORG, May 24, 2018 /PRNewswire/ — Director of Corporate Communications Ingalill Östman has decided to leave Castellum. She is employed until 31 October and will remain in office until her successor has been appointed.
Since January 2017, Ingalill Östman has been part of the…

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Giift und Infinia Solutions & Services entwickeln führende Technologie für Treueprogramme im Bankensektor

SINGAPUR, May 24, 2018 /PRNewswire/ —
Giift integriert die Assets von Infinia Solutions & Services in den Giift Loyalty Marketplace und schafft damit eine führende Ausgabe- und Einlösungspraxis für Treueprogramme im Bankwesen
Giift, der auf den Austausch von Treuewährungen…

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Finker-Frenkel Legacy Foundation Named Philanthropist of the Year for 2017 – Make-A-Wish

MIAMI, May 24, 2018 /PRNewswire/ — In 2017, the Finker-Frenkel Legacy Foundation was awarded the Philanthropist of the Year Award at Make-A-Wish America’s Conference. Shareef Malnik, the board chair for the Make-A-Wish Southern Florida Board of Directors, presented the award to Dr. Lazar…

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Prolific Film Composer John Powell Recognized With ASCAP Henry Mancini Award; Composer And Songwriter Germaine Franco Receives ASCAP Shirley Walker Award At 2018 ASCAP Screen Music Awards

ASCAP Logo (PRNewsfoto/ASCAP)LOS ANGELES, May 24, 2018 /PRNewswire/ — ASCAP, the American Society of Composer, Authors and Publishers, the world leader in performing rights and advocacy for music creators, celebrated the composers of the past year’s most performed music in TV, film and video games last night at the…

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Grammy CEO Accused of Covering Telecast Shortfall With Bad MusiCares Deals

Recording Academy chairman and president Neil Portnow has been accused of directing funds away from its MusiCares charity – which provides artists and individuals in the music industry in need with emergency medical, financial and personal assistance – to cover a deficit from the 2018 Grammy telecast. As Variety reports, former MusiCares VP Dana Tomarken detailed her allegations in a letter addressed to the Recording Academy Board of Trustees, which the magazine obtained.

In the letter, Tomarken claims that Portnow inked a deal to hold the fundraising MusiCares’ annual Person of the Year event at Radio City Music Hall without her knowledge. The Grammys were held in New York for the first time in 15 years at Madison Square Garden (the Madison Square Garden Company also owns Radio City Music Hall). The move and associated costs were reportedly a primary contributor to the Academy incurring an estimated $6 to 8 million shortfall.

Tomarken claims that she had been negotiating a favorable deal with Brooklyn, New York’s Barclays Center to hold the 2018 MusiCares Person of the Year dinner and concert. She alleges that last June, “I received a call from Irving Azoff. Neil and Madison Square Garden Company, Irving informed me, had early on in NY Grammy negotiations agreed that the Person of the Year tribute would be held at Radio City Music Hall, a Madison Square Garden Company venue. Neither I nor anyone on the MusiCares staff was ever notified of those discussions or agreement, and as a result, we were forced to walk away from a huge benefit to MusiCares: Barclays’ generous financial commitment to their venue.

“The agreement with Radio City Music Hall was at least twice as expensive as the Barclays Center offer,” she alleged in her letter. “And that does not factor in any additional support we might have been able to secure from Barclays sponsors.”

Tamarken also alleges that MusiCares lost additional funds after Portnow and Oak View Group (a partnership between Azoff and [Oak View CEO] Tim Leiweke) removed the organization from a package deal. “Oak View had agreed to sell Grammy Week packages that included tickets to the telecast as well as Person of the Year, designed to raise $1.5 million for MusiCares,” she wrote. But she claims that just before Christmas 2017, “Neil had subsequently approved dropping MusiCares from the package revenue stream in favor of funding the telecast deficit.”

She claims that these moves contributed in part to a financial loss for MusiCares, writing, “being forced into costly agreements we had no control over, MusiCares will likely net $1 million from the 2018 Person of the Year. Last year’s net was $5 million.”

Tomarken was fired on April 16th after 25 years with the Recording Academy. In her letter, she also claimed wrongful termination, citing that she was dismissed after pledging $2,500 to purchase an unsold auction item from the 2017 Person of the Year event, which she was late in paying. She claims that her co-worker Dorit Kalev was also fired in connection to that incident. Tomarken claimed she additionally suffered “a painful year of trying to protect MusiCares from being exploited, enduring ongoing instances of workplace abuse and harassment” from two male co-workers.

A spokesperson for the Recording Academy responded to Rolling Stone‘s request for comment with the following: “While we will not address point by point the letter from Ms. Tomarken, who was recently terminated following a thorough investigation, we respond as follows:

(1) The decision as to the venue for this year’s Person of the Year event was made after careful consideration of all options, and input from all appropriate individuals. MusiCares’ interests were not sacrificed in favor of the interests of the Recording Academy.

(2) As Ms. Tomarken well knows, neither MusiCares nor the Recording Academy ever intended to reduce, nor will they reduce, the amount of financial support made available to MusiCares clients in need. MusiCares continues to provide the highest level of service to people in need across our music community, as evidenced by the four-star rating it earned, once again, in February from Charity Navigator—the highest rating the independent charity watchdog organization awards. Simply, our commitment and support will not be diminished.

(3) Ms. Tomarken did not raise the issues relating to alleged ‘workplace abuse and harassment’ until after her employment was terminated. An independent investigation of these allegations was immediately commenced. Based on the outcome of that investigation, appropriate action (if any) will be taken. Both the Recording Academy and MusiCares take all allegations of this kind seriously.”

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National Safety Council Announces Winners of its Prestigious Green Cross for Safety Awards

The mission of the National Safety Council is to save lives by preventing injuries and deaths at work, in homes and communities and on the road through leadership, research, education and advocacy. (PRNewsFoto/National Safety Council) (PRNewsfoto/National Safety Council)CHICAGO, May 23, 2018 /PRNewswire-USNewswire/ — The National Safety Council presented its prestigious Green Cross for Safety Awards to individuals and organizations that have helped save lives and prevent injuries. The Council presented the Excellence Award to Schneider National, the…

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Kazakhstan Defence Industry Grows Globally

Kazakhstan Paramount Engineering (KPE)ASTANA, Kazakhstan, May 23, 2018 /PRNewswire/ — Keeping in step with the vision of President of the Republic of Kazakhstan, Nursultan Nazarbayev in creating a vibrant defense and aerospace industry, buttressed by the appointment of Beibut Atamkulov Bakirovich to the position of Minister…

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HEX Reveal New Track "Metaheaven"

Swiss industrial/psych group HEX have teamed up with Svbterranean to reveal their new track “Metaheaven”. The song is taken from their self-titled debut which will be released May 25th 2018 via Hummus Records. The band …Read More

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