DIRS.INFO The most relevant business & tech news

☆ How the writers' strike is crushing Hollywood's next generation, as job-seekers face 'skyrocketing' debt, crumbling hope, and endless hours 'just doom-scrolling LinkedIn'
▼ + stars: | 2023-06-30 | by ( Reed Alexander | ) www.businessinsider.com time to read: +15 min

Hollywood development and production have mostly ground to a halt amid the film and TV writers' strike. Young workers hoping to break into entertainment say the strike has made a competitive job market even tougher. Sears, who is currently unemployed, graduated this year with a master's degree in entertainment industry management from Carnegie Mellon University. Now, she's attempting what feels like a herculean feat: getting her career off the ground in the midst of a months-long Hollywood writers' strike, the first labor stoppage to grind the industry to a halt in 15 years. Contact this reporter to share your experience during the writers' strike.

Persons: Young, Delaney Sears, — there's, Sears, they've, —, Joanna Sucherman, Sucherman, Trevor Romero, Romero, Dan Green, grads, Green, Nabha, She's, Purohit, they'd, execs, he's, haven't, Kody Proctor, Proctor, he'd, We've, Reed Alexander Organizations: Hollywood, Carnegie Mellon University, Writers Guild of America, SAG, WGA, Disney, Warner Bros, JLS Media, Fox, United Talent Agency, Young Entertainment, Carnegie Mellon's Heinz College of Information Systems, Public, Savannah College of Art, Alliance, Television Producers, Paramount Pictures, Melrose, Paramount, University of Southern, North Dakota, Carnegie, E, Victoria Cheyenne Locations: California, Angeles, LA, Chicago, Fremantle, Los Angeles, Brooklyn, Georgia, Elm, Mumbai, India, University of Southern California, North, North Hollywood, Victoria, Bolivia

☆ Read the pitch deck that helped raise $5 million for fintech FilmHedge after it closed $100 million in debt financing to fund new films and TV shows
▼ + stars: | 2023-06-06 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

FilmHedge closed in March on a $5 million funding round and has a $100 million credit facility. FilmHedge, an Atlanta-based fintech launched in February 2020, provides liquidity to productions with budgets ranging from $1 million to $50 million. It follows a $100 million credit facility from Coromandel Capital and Fallbrook Capital in 2022, which helps FilmHedge finance projects. "We have access to $100 million, but we see around $70 million in applicants per month," he said, "so we have to pass on a lot of deals." FilmHedge gave Insider a look at the 18-page pitch deck it used while raising its $5 million Series A round and $100 million credit facility — check it out here.

Persons: FilmHedge, Jon Gosier, fintech, May FilmHedge, Gosier, —, Axios, FilmHedge hadn't Organizations: Hollywood, Netflix, Entertainment, Variety, Lionsgate, Disney, Collab, WOCStar, Savannah College of Art & Design, TriplePoint, Coromandel Capital, Fallbrook, Media Locations: Atlanta, Coromandel, Hollywood

☆ Check out the 18-page pitch deck that Hollywood-focused fintech FilmHedge used to raise tens of millions and help hot new movies and TV series get made
▼ + stars: | 2023-04-12 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

FilmHedge lends credit to movies and TV shows with budgetary needs between $1 million and $5 million. The 3-year-old fintech closed on a $5 million round in March and has a $100 million credit facility. FilmHedge, an Atlanta-based fintech launched in February 2020, provides liquidity to productions with budgets ranging from $1 million to $50 million. It follows a $100 million credit facility from Coromandel Capital and Fallbrook Capital in 2022, which helps FilmHedge finance projects. FilmHedge gave Insider a look at the 18-page pitch deck it used while raising its $5 million Series A round and $100 million credit facility — check it out here.

☆ 36 Hours in Savannah, Ga.
▼ + stars: | 2022-11-03 | by ( Ariel Felton | ) www.nytimes.com time to read: 1 min

There is more to Savannah than its alluring green spaces and centuries-old Colonial, Georgian and Greek Revival architecture. In recent years, tour guides at places like the Owens-Thomas House and Slave Quarters are focusing more on the stories of enslaved people, offering visitors a fuller historical picture. Savannah is also a beacon for young creatives, thanks in part to the Savannah College of Art and Design (SCAD), and the city now has many contemporary galleries as well as newer, locally focused artist hubs like Sulfur Studios. Venture outside of the Historic District, too: In the city’s east and west, you can find a variety of Black- and immigrant-owned restaurants and bars; and the up-and-coming Starland District has plenty of attractions. But be warned — it’s not uncommon for visitors to fall in love with the city and become locals.

I made a New Year's resolution to buy a house with a 20% down payment in 2020, and I met my goal by September. While a lot of unpredictable things happened along the way, I was able to stay on top of my huge savings goal by breaking it up into smaller parts. Finally, at the end of every pay period, I'd look at my bank account and move any leftover money into my down payment savings account. Whatever was leftover from the previous paycheck, I'd put into my house savings account. I ultimately accomplished my goal of saving 20% in September, the same month that I bought the house.

Search resuls for: "Savannah College of Art"

5 mentions found