TSMO Investment Corporation of LIBERIA SIGNS MOVIE AGREEMENT WITH SILVERBIRD CINEMAS OF NIGERIA

first_imgThe TM Cinema in Liberia and Silverbirld Cinema of Nigeria has signed an official partnership agreement on Saturday, May 6, 2017.During a red carpet signing ceremony at the roof top of the TM MALL on the UN Drive Coconut Plantation beach in Mamba Point, Mr. Li Sun, CEO of TSMO Investment Corporation, owners of Liberia’s first shopping mall, and Mr. Ekene Nwookolo, Group Head, Corporate services and company secretary of Silverbird Group, owners of Silverbird Cinemas in Nigeria and Ghana, affixed their signatures to a movie distribution deal that will thrill movie goers and significantly boost the development of the movie industry in Liberia.The agreement not only promises exciting times for all movie lovers, especially those who crave watching the latest movies in classic theaters like TM CINEMA, it will serve as a platform for upcoming Liberian industry professionals to premier their works in a modern cinema environment with huge possibilities of earning respectable fees when their works are good enough for the TM Cinema Theater and Silverbird Cinemas markets.The initiative by TSMO to include a top class movie theater in its state-of-the –art shopping mall in Liberia would be seen as more than a business venture; it indicates a big interest by this prominent Chinese real estate company to support the youths of Liberia who are bent on becoming major stakeholders in the up and coming movie industry in the country and abroad.According to Mr. Nwookolo, “Silverbird Cinemas has franchise with major movie studios like Sony, allowing us to distribute and show movies almost as soon as they are released in the United States and other advanced countries.” The Nigerian cinema company executive further explained that, the Liberian industry stakeholders, like their counterparts in Ghana and Nigeria, would benefit various types of supports based on exposure presented them by the TSMO and Silverbird Cinemas collaboration.The cinema company group head mentioned proper production equipment, training, production financing, government protection and higher fees, as possible deliverables by the private sector and government agencies as TSMO and Silverbird Cinemas pact unearth, nurture and promote the works of deserved Liberian cinematographers.For over 10 years Silverbird Cinemas has been entertaining Africa with movies from around the world. The company boasts nine locations in five states in Nigeria, and owns Silverbird Cinemas at Accra Shopping Mall in Ghana. With a total seating capacity of 9,319, Silverbird Cinemas is one of the largest Cinema chain in West Africa.This fact was not lost on Mr. Li Sun, CEO of TSMO Investment Corporation of Liberia, and owner of TM CINEMA, as he signed the significant agreement for real time showing of newly released blockbuster movies at TM CINEMA, which will be opened soon. The signing ceremony was done in the presence of Mr. Ekong Edim, Director of Business Development and General Manager of Silverbird Cinemas; Messrs. Eric Sherman, Vice President TSMO; E. C. B. Jones, Board Member – TSMO; Alex .M Lansana, General Manager, TSMO; Nina Zhang Yuqi, Administrative Officer at TSMO; and a host of company staff.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window) On the left, Mr. Nwookolo of Silverbird Cinemas, Nigeria-Ghana, and on the right, Mr. Li Sun, CEO TSMO Investment Corporation – TM Cinema, Liberia. – Advertisement –last_img read more

City film office wins top state award

first_imgSanta Clarita’s film office was among 10 finalists for the award, competing against such cities as Long Beach, Vista, Fresno, Riverside and Santa Rosa. “Five years ago, we recognized the need to develop a film office to help keep jobs and film work local, while growing the industry,” Mayor Marsha McLean said. “And in just a few short years, we’ve been able to create a model for a successful film program, an example that can be applied to a variety of industries in cities around the state.” The office was created in 2002 to help attract and retain the filming industry, including location filming and film-related businesses. The office currently issues permits for all location filming within Santa Clarita. Southern California lost some its appeal for film production in the past decade as the entertainment industry sought more affordable locations in Canada and the South. Santa Clarita fought back by promoting its proximity to Los Angeles and an affordable and simple permit process. SANTA CLARITA – The city’s film office, formed five years ago to combat runaway production, won a top state award this week for economic development. Santa Clarita won the grand prize in the California Association for Local Economic Development’s annual award for the agency, credited with bringing more than $16 million to the Santa Clarita Valley each year. Santa Clarita is home to television productions that include Nickelodeon’s “Zoey 101,” HBO’s “Big Love” and “John from Cincinnati,” CBS’ “The Unit” and “NCIS,” and FX’s “Drive” and “The Riches.” State Assemblyman Juan Arambula and CALED chief Wayne Schell presented the award Thursday in Monterey to Assistant City Manager Ken Striplin and film associate Jason Crawford. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Wednesday’s round-up: Sessegnon commits to Fulham

first_imgRyan Sessegnon has committed his future to Fulham by signing a three-year contract.The Roehampton-born 17-year-old’s new deal – his first professional contract – comes after months of speculation that he could leave Craven Cottage this summer.He was linked with several Premier League clubs, including Chelsea, but opted to stay with the Whites.“I’m excited to see what’s in front of me at this club. Hopefully we can all push on now,” he told Fulham’s website.Sessegnon, who can play at left-back or further forward, has been at Fulham since 2008, as has his twin brother Steven.He made his senior debut in August last year and has made a total of 30 first-team appearances, scoring seven goals.Fulham’s vice-chairman and director of football operations Tony Khan said: “Ryan’s debut season with the first team was spectacular and we are so proud of this very special young man.” Parker announces retirementScott Parker has decided to end his playing career.The 36-year-old, whose Fulham contract expires at the end of this week, announced his retirement on Wednesday afternoon.Parker, who spent four years at Craven Cottage, captained England during a 19-year career that included an 18-month spell at Chelsea.He also played for Tottenham, Newcastle, West Ham and Charlton.A statement issued by Parker explained: “The decision to retire has not been an easy one for me but having thought long and hard over it, and having discussed it with those closest to me, I believe that now is the right time to move on to the next chapter in my life and career.” Gladwin leaves QPRBen Gladwin has completed his move from QPR to Blackburn for an undisclosed fee.West London Sport recently revealed that Blackburn wanted to sign the midfielder and subsequently also revealed that the move was set to go through.Gladwin, 25, has signed a two-year contract at Ewood Park. Doughty likely to go as wellEmbed from Getty ImagesQPR are ready to let Michael Doughty leave for Peterborough.West London Sport revealed in May that Posh are hoping to sign the midfielder, who has a year remaining on his contract at Loftus Road.Following talks between the two clubs, Rangers have told the League One outfit they can sign Doughty if they are able to agree personal terms with him.Rangers boss Ian Holloway recalled Doughty from a season-long loan at Swindon Town in January, insisting he rated the 24-year-old highly and wanted to give him a chance in the first team.However, Doughty started just two matches under Holloway – and has made just 12 first-team appearances for Rangers in total, nine of them as a substitute. No enquiries about SmithiesQPR have so far received no enquiries about Alex Smithies despite speculation over the goalkeeper’s future.Smithies, who signed a new contract in February, was outstanding for the R’s last season.His former club Huddersfield’s recent promotion to the Premier League prompted reports that he could rejoin them this summer.He was previously linked with a number of other clubs, but there has so far been no sign of any interest in the 27-year-old. Mackrell to face Hillsborough chargeEmbed from Getty ImagesA former QPR employee is among six people who will be prosecuted over the Hillsborough disaster.Graham Mackrell will be accused of breaching Health and Safety and Safety at Sports Ground legislation in relation to the tragedy at Sheffield Wednesday’s ground in May 1989.Mackrell was Wednesday’s club secretary and safety officer at the time.He was given the role of chief operating officer at QPR by the then club chairman Gianni Paladini in August 2006, but left just three months later.Last year, new inquests into the disaster at the Liverpool v Nottingham Forest FA Cup semi-final concluded the 96 fans who died had been unlawfully killed. Kerschbaumer loan moveEmbed from Getty ImagesBrentford midfielder Konstantin Kerschbaumer has joined German second-tier side DSC Arminia Bielefelda on a season-long loan.Kerschbaumer, who turns 25 this week, moved to Griffin Park from FC Admira Wacker Mödling for an undisclosed fee two years ago.The Bees have inserted a clause in his contract, which expires in 2019, giving the club the option of extending it to 2020.A similar deal led to Brentford recently extending Jota’s contract by a year. Follow West London Sport on TwitterFind us on Facebooklast_img read more

Elon Musk reveals battery to power homes

first_img4 May 2015South African born and raised tech entrepreneur Elon Musk at a presentation in the US on Thursday night announced the development of a new battery system that can store solar energy for later use.The battery, known as the Powerwall, addresses a key obstacle to wider use of renewable energy sources: “The obvious problem with solar power is that the sun does not shine at night,” he said at the Los Angeles-area design studio of his electric car company, Tesla Motors. The Tesla Powerwall is a home battery designed to store solar energy. (Image: Tesla Motors)  That means energy grids using solar power still need backup sources of electricity. In South Africa and the US, this is largely generated by power plants burning coal or natural gas.But the batteries to be produced by the new company, Tesla Energy, are “the missing piece” to wider reliance on solar power, he said, storing energy generated when the sun shines for use when it doesn’t.Ability to ‘power a small city’“The goal is complete transformation of the entire energy infrastructure of the world, to completely sustainable zero carbon,” Musk told reporters.Tesla Energy will produce batteries for residential use, and scalable battery systems with capacity up to 1 GWh that “can power a small city” like Boulder, Colorado, Musk said.The Tesla Powerwall, stackable batteries for residential use, each with a capacity of 10 kWh, will sell for $3 500 each (about R41 500) and would be available in three to four months.The device, which is about 15cm thick, 1.2m tall and 90cm wide, will be a boon for under-developed regions, where power is often unreliable despite abundant solar energy. “This is going to be really great for the poorest communities in the world. This allows you to be completely off-grid.”In 2012, the average US household used about 11 380 kWh of electricity per year. German households averaged 3 413 kWh per year.In a 2013 report, the US Department of Energy said storage “can ‘smooth’ the delivery of power generated from wind and solar technologies, in effect, increasing the value of renewable power”.Electricity storage is “the thing that’s needed to have a proper transition to a sustainable energy world”, Musk said.Musk runs the US’s second-largest manufacturer of solar cells, Solar City, as well as the electric car pioneer Tesla Motors and space transport producer SpaceX.Source: DPA/News24last_img read more

CAG questions CWG contracts

first_imgThe Comptroller and Auditor General of India, in its interim report, has said dubious procedures were followed in awarding the sponsorship deal for the Commonwealth Games to Melbourne-based Sports Marketing and Management (SMAM).Headlines Today has accessed a copy of this confidential report, which nails the Organising Committee of the Commonwealth Games.In the sponsorship contract awarded to SMAM, the audit watchdog noticed some serious lapses in procedure. It has raised serious questions about the involvement of Commonwealth Games CEO Mike Hooper in the entire negotiation process.The CAG report reveals that it was the CEO, CGF who insisted on the appointment of SMAM, putting question marks over the entire process. It raises serious doubts over the process of inviting tenders saying that the OC did not provide adequate publicity inviting tenders for the sponsorship contract as per its own guidelines.The OC also did not follow the guidelines of the CVC in relating to appointment of consultants. The time prescribed for submission of  tender was also not adequate and was not in keeping with CVC guidelines, it says.The OC is also accused of not carrying out enough research to survey other firms giving sports marketing services.The OC also agreed to bear tax liability of SMAM over and above its liability of 10.54 per cent. It did not question the commission paid to PSUs as per SMAM contract even though other firms were offering less, says the report.The OC set an annual performance review bracket as opposed to the half-year term as set for Fast Track, the consultant for international broadcast rights. No penalty clause in case of failure in delivery was set in the contract, the report adds.advertisementlast_img read more