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In addition to his comedy, actor Kevin Hart owns a plant-based restaurant chain, a tequila brand and an entertainment and production company called HartBeat. The single thread between them all, and the "secret weapon" to his success, the 44-year-old said in a recently published MasterClass course: the power of humor. "Humor has acted like the master key to every door that I've [gone] through," said Hart. In much tougher moments, humor is equally valuable, Hart noted. Making people genuinely laugh boosts their output by up to 12%, found a 2015 study that Sgroi co-authored.
Persons: Kevin Hart, Hart, you've, Daniel Sgroi, Warren Buffett Organizations: University of Warwick, CNBC, The University of Pennsylvania, Hong Kong University of Science, Technology
said Marc Gilbar, who runs the brand division at Imagine Entertainment. Some are also looking to brand films to offset some of the revenue they're losing in the dual Hollywood strikes. (Brand films are often unscripted and thus aren't governed by the Hollywood unions.) They also see brand work being a positive for below-the-line workers who are idled by the work stoppage. Led by EVP Kate Oppenheim, Tribeca Studios' projects have included "We Could be King" (ESPN2) for Dick's Sporting Goods and P&G's Queen Collective series (BET).
Persons: Ben Silverman, Issa Rae's Hoorae, Kevin Hart's Hartbeat, Julian Jacobs, we've, Marc Gilbar, Samuel L, Jackson, Emma Stone, Zac Ryder, Olivia Wilde, Laurene Powell Jobs, Caitlin McGinty, It's, James Gay, Rees, Paul Martin, Kevin Hart's, Hart, Hartbeat, Brian Price, Chase Sapphire, Procter, Reese Witherspoon, Zoe Fairbourn, Ron Howard, Brian Grazer's, Ron Howard's, Bryce Dallas Howard, Gilbar, Rocco DiSpirito, General Mills, Rupert Maconik's Saville, Werner Herzog, Barry Levinson, Sugar23, Oscar, Michael Sugar, Trevor Noah's, he's, Kennedy, Matt Rotondo helms, Sugar, Mike Beck, Alexa Conway, Trevor Noah, Kate Oppenheim, HBO Max, Paul McCartney, Mary McCartney Ventureland, Kerstin Emhoff, Paul Hunter, John Battsek, Stacy's Pita Chips, Will, Jada Pinkett, REI, Gargi Organizations: Hollywood, Brands, Mattel, Netflix, Apple, UTA, Imagine Entertainment, Producers, Adobe, IBM, Anonymous, HP, Afghan Girls National Soccer Team, Showtime, Pepsi Boardwalk Pictures, Relativity Media, Super, Pepsi, REI, Unilever, Marriott, Surf League, Major League Soccer, Sam's, Gamble, Weinstein Co, Hulu, Imagine, Paramount, Saville Productions, Disney, Time Studios, Procter & Gamble, Anheuser, Busch, InBev, CAA, Studios, MSNBC, ABC, NBC, Tribeca Studios, Dick's Sporting Goods, HBO, CNN, Mobile, Stacy's, Everest, Vice Studios, Westbrook Media, Meta, Logitech, Samsung Locations: Hollywood, Subway, Magnolia
Kevin Hart and Thai Randolph on building a media empire
  + stars: | 2023-06-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKevin Hart and Thai Randolph on building a media empireJulia Boorstin sits down with comedian Kevin Hart along with Thai Randolph, CEO of Hartbeat, from the annual Cannes Lions advertising festival. Hart was named the Entertainment Person of the Year at this year's event. The three discuss the growth and outlook for Hart's media company as the landscape continues to evolve.
Persons: Kevin Hart, Thai Randolph, Julia Boorstin, Hart Organizations: Cannes Lions, Entertainment Locations: Thai
Kevin Hart on the future of A.I.: Have to embrace new technology
  + stars: | 2023-06-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKevin Hart on the future of A.I. : Have to embrace new technologyCNBC's Julia Boorstin sits down with Actor Kevin Hart and Thai Randolph, CEO of Hart's Hartbeat entertainment company, to discuss the future of A.I., the ongoing writers' strike, and more.
Persons: Kevin Hart, Julia Boorstin, Thai Randolph Locations: Thai
Private equity firms are investing heavily in film and TV companies, even amid a possible recession. Private equity accounted for 42% of deals over the last year vs. 24% in 2018, according to PwC. RedBird Capital just invested $100 million in Ben Affeck and Matt Damon's new production company, Artists Equity. And earlier that month, Swedish firm EQT invested in UTA, which makes the private equity player the largest outside shareholder of the talent agency. Insider's second annual list of the top private equity players in Hollywood highlights 16 firms, based on our reporting and conversations with investors and insiders.
Tiffany Brown is vice president of television at Kevin Hart's production company, Hartbeat. Brown, one of Insider's Rising Stars of the entertainment business, rose from assistant to VP in a few years. But staying at the assistant level forever wasn't in the cards for Brown, who in 2018 landed a gig as a junior executive at Hartbeat, comedian Kevin Hart's production company. Learn the basics and don't be above paying your dues"The first thing to focus on is doing the assistant job," Brown said. Foster close relationships with industry peers you like and trust"Some of the most important relationships that I have in this industry," Brown said, are the people she rose up with.
Private equity firms are investing more deeply in film and TV content companies, even amid a possible recession. Private equity accounted for 42% of deals over the last year vs. 24% in 2018, according to PwC. KKR just led a $400 million funding round for Skydance, giving the "Top Gun: Maverick" studio a $4 billion valuation. And earlier in July, Swedish firm EQT invested in UTA, which makes the private equity player the largest outside shareholder of the talent agency. And KKR is continuing to make big bets: It just led a $400 million funding round in "Top Gun: Maverick" studio Skydance that sent the production company's valuation north of $4 billion.
Abry Partners' $100 million stake in Kevin Hart's company HartBeat is the latest big M&A move in Hollywood. Dealmakers said production companies are valuable amid the streaming wars and demand for content. The M&A activity had top Hollywood dealmakers telling Insider in early 2022 that practically every independent production company is a target. Many production companies make work-for-hire or don't control the rights to a project once it is sold off to a studio distributor. Based on January interviews with five entertainment industry experts and insiders, Insider identified a list of 10 production companies that could be compelling acquisition targets as M&A activity continues.
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