Tyler Perry: Lessons in Ownership
Naomi Osaka wins 2nd US Open, Breonna Taylor’s killers still walk free, Gladys v Patti tonight
Louisville police murdered Breonna Taylor six months ago today.
Of the three police officers involved in the murder, only Brett Hankinson has been fired. Jonathan Mattingly and Myles Cosgrove continue drawing down salaries while on administrative leave.
All three men remain eligible for their pensions.
All three men have yet to be arrested.
All three men are walking free.
MUST LISTEN: The Daily published a 2-part series, The Killing of Breonna Taylor, that recounts the shocking sequence of decisions and events leading to the deadly police raid on March 13, 2020.
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We’re tuning in to the Gladys Knight and Patti LaBelle tonight.
Tyler Perry turns 51 today. Say what you will about his content, one thing you must respect is that he owns all of it: both the means of production and the product.
Forbes ran a profile of Perry earlier this month:
“The 51-year-old entertainer owns the entirety of his creative output, including more than 1,200 episodes of television, 22 feature films and at least two dozen stage plays, as well as a 330-acre studio lot at the edge of Atlanta’s southern limits. He used that control to leverage a deal with ViacomCBS that pays him $150 million a year for new content and gives him an equity stake in BET+, the streaming service it debuted last September. Forbes estimates Perry has earned more than $1.4 billion in pretax income since 2005, which he used to buy homes in Atlanta, New York, Los Angeles and Jackson Hole, Wyoming, as well as two planes. Quite a lifestyle for a once-homeless playwright raised in poverty in New Orleans. Today, Forbes estimates his net worth at $1 billion, with a clear path to future membership in The Forbes 400.”
While everybody was fighting for a seat at the table talking about #OscarSoWhite I said “Ya’ll go ahead and do that. But while ya’ll fighting for a seat at the table I’ll be down in Atlanta building my own.”
- Tyler Perry, BET Awards, 2019
“After Osaka's 1-6, 6-3, 6-3 comeback victory against Azarenka, she is expected to rise to No. 3 in the rankings and is tied for third among active players for most major titles. Perhaps more importantly, Osaka completed what she had set out to do. She set aside seven masks before the tournament, each bearing the name of a person killed as the result of racial injustice or police brutality. She was able to wear each one. It was her mission to give a voice to the voiceless, and it helped motivate her until the final moments.”
Bloomberg’s Karen Toulon interviewed Dana Canedy, Senior Vice President and Publisher of Simon & Schuster. Canedy is the first Black person to lead the imprint in the company’s nearly 100 year history. She talked about her vision and priorities during this time of crisis and reckoning.
Whether it's expanding into new kinds of storytelling or taking advantage of the ebook market and digital reading, there is a lot more to storytelling these days. We have to be really creative about not only how we tell stories, but on what platforms… the issues of race that are now in the forefront of American culture again, mean that folks are reading books related to that. And so I think it is a really great time to be a publisher, whether people are reading the actual hard copy of a book, or they're reading it on a tablet or they're doing an audio book.
- Dana Canedy, Publisher, Simon & Schuster