Business and Finance
Official opening of the G-Unit film and television studio in Louisiana
After announcing in December 2023 that he can be opening the G-Unit film and television studio in Shreveport, Los Angeles, 50 Cent revealed that the studio has officially launched.
Curtis “50 Cent” Jackson appeared with Mayor Tom Arceneaux and members of the City Council on the occasion of the opening of the G-Unit Film and Television Studio. With the signing of the lease agreement, the mayor declared April 18 as Curtis “50 Cent” Jackson Day and presented the “Many Man” rapper with the key to the city.
“Ladies, gentlemen, Mayor Tom Arceneaux and the great people of Shreveport, it is an honor to stand here before you today. “As someone who has always believed in the transformative power of music, film and television, I am truly excited to show you the expansion of film and television through G-Unit Studio here in Shreveport,” Jackson told the audience.
reported that the enterprising songwriter obtained leasing for the city-owned studio at an annual cost of $2,400. The city council voted unanimously to permit the G-Unit boss to lease the facility once generally known as Millennium Studio. 50 agreed to administer the maintenance of the constructing because it was approved for a 30-year lease with an option to increase for an additional 15 years.
In an exclusive one statement to 50 said: “From brutal street narratives to compelling stories that define our era, G-Unit has always been more than just entertainment; it is a platform for voices that need to be heard and stories that need to be told. G-Unit Studios’ move to Shreveport isn’t just a business decision; is a commitment to supporting talent, creating opportunities and building a community that thrives on creativity and innovation. We see Shreveport as a source of inspiration and creativity.”
About a 12 months ago, 50 posted a brief video clip in which he teased the 985,000-square-foot G-Unit film and television studio, promising his followers that the movie can be coming soon.
Business and Finance
Mary’s Pizza Shack Files for Bankruptcy Protection
A California pizza chain has filed for bankruptcy protection, nevertheless it’s not closing its doors. Mary’s Pizza Shack has been operating for 65 years, but notified its customers that the corporate had filed for bankruptcy.
The company assures customers that each one restaurants will remain open and won’t close within the near future.
Business and Finance
Boston’s Liquor License Law Will Benefit Black-Owned Restaurants
The City of Boston is on a mission to pass laws that Change the landscape of Black-owned restaurants in Black and Brown communities with a brand new liquor licensing law.
The bill, first introduced in April 2023, officially passed each chambers of the state House in late July. But since the bill has two different versions, its fate remains to be uncertain. Royal Smith, a member of the Boston Black Hospitality Coalition who’s pushing for the bill to turn into law, also operates District 7 Tavern in town’s Roxbury neighborhood. The Baystate Banner reports that he’s optimistic that lawmakers will do the proper thing by officially allowing restaurants to obtain a license to sell alcohol.
“I’m excited to see what form this takes,” he said. “It’s really, really going to grow the city. It’s going to provide neighborhoods that people want to walk to.”
Still, Smith is waiting for official approval from Gov. Maura Healey. If the Massachusetts governor signs the liquor license bill, “five restaurateurs in each of 13 predominantly Black and Brown ZIP codes each year for three years” in town could be eligible to get latest liquor licenses for his or her businesses. If the bill passes, about 200 latest liquor licenses could be available for establishments in those parts of town.
The following ZIP codes are affected: Charlestown, Dorchester, East Boston, Hyde Park, Jamaica Plain, Mattapan, Roslindale, Roxbury, South End and West Roxbury.
“No matter where you live in the city, you should be able to go downstairs or up the block and have a good meal and a drink if you want to,” said state Sen. Liz Miranda, the bill’s sponsor within the Senate. She also represents Suffolk’s 2nd District, which incorporates parts of nine ZIP codes that will be affected by the laws.
“It’s about dreams becoming reality and about economic equality, racial equality, geographic equality,” she continued. “I think sometimes people get stuck on the word alcohol, and if you don’t like alcohol, you think that’s going to cause a lot of problems in our community, but it doesn’t.”
The neighborhoods in query have seen a decline in access to sit-down restaurants. Business owners are finding it difficult to remain in business without the advantage of alcohol sales.
They are unable to take care of transferable alcohol licenses, which cost roughly $600,000 on the secondary market.
For Smith, crucial thing is bringing more opportunities to Black and Brown neighborhoods across Boston, which is home to 2.1 times more white residents than every other race or ethnicity, in accordance with the 2022 Census report.
“There will be more options in Boston beyond Irish bars,” Smith said. “We want to make sure that for everyone who is affected by this bill, we’re not just opening up and then closing down. We want sustainability.”
He added: “If we do this right, it will ultimately change the Boston skyline.”
Business and Finance
Bevel Announces $25K Business Grant to Double Dutch Aerobics Classes
Bevel, a Black-owned Atlanta-based personal care brand, has announced that he has presented Double Dutch Aerobics with $25,000 Business Grant.
Bevel was the official skincare partner of the 4th annual Invest Fest, held August 23-25 in Atlanta on the Georgia World Conference Center. The company’s CEO, Damon Frost, announced grant in a recent episode of the Market Monday podcast. Double Dutch Aerobicsalso based in Atlanta, was amongst greater than 300 vendors to take part in the annual festival and was chosen to receive a grant from Bevel.
The company was founded by Michelle Clark, Double Dutch World Champion, and Sean Clark, a Master Double Dutch aerobics instructor.
“At Bevel, we are committed to serving our customers with product solutions that meet their unique care needs, as well as charitable initiatives that we believe make a real difference in the community,” said Breann Davis, Bevel’s marketing leader, in a written statement. “We are grateful to Rashad, Troy and the entire Invest team for giving us the opportunity to partner with incredible companies like Double Dutch Aerobics and support the next generation of entrepreneurs who share our commitment to giving back to the community.”
The Clarks, originally from Brooklyn, New York, are a husband and wife team that owns the world’s first Double Dutch aerobics studio. They offer classes for each adults and kids. Certified DDA instructors have traveled the country, taking Double Dutch Aerobics to over 30 cities. During his travels, have successfully taught over 100,000 children and adults how to jump Double Dutch method.
Bevel was founded in 2013 by Tristan Walker and the corporate has revolutionized the standards expected within the grooming industry. Their products are created with the needs of Black and Brown men in mind, with products spanning the spectrum of hair, beard, shaving, skin and body care.
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