Magic Johnson’s Atlanta-based Aspire cable network launched today. Johnson announced in mid-May that former GMC TV exec Paul Butler would be general managerof the new African American-focused network planned for launch this month. Johnson is a majority owner of Aspire, in partnership with Atlanta-based GMC. Johnson says the name of the network is meant to reflect the tone of the programming. Aspire was created under an agreement Comcast made with the Federal Communications Commission to secure the agency’s approval of the cable giant’s majority purchase of NBC Universal.
Los Angeles, CA – May 15, 2012 – Earvin “Magic” Johnson announced today that Paul Butler has been named general manager of ASPiRE, the new African-American network set to launch in June. Butler will oversee all operations for the programmer and report to Johnson, who is chairman of ASPiRE and the network’s Board of Directors. He will be based at ASPiRE’s headquarters in Atlanta.
Sale of the Los Angeles Dodgers for a record $2.15 billion to a group led by former LA Lakers star Magic Johnson has been approved by federal bankruptcy Judge Kevin Goss, Bloomberg reports. Buyers also include Guggenheim Partners Chief Executive …
The bankruptcy judge in the Los Angeles Dodgers case has scheduled a hearing April 13 to consider whether to confirm the revised Chapter 11 plan filed yesterday, ESPN reports. The Dodgers said the team is on track to exit …
Robert Rodriguez, P. Diddy, Magic Johnson, Said Schwartz Begin 4 New Minority-Owned Indie Networks With Comcast
PHILADELPHIA, PA – February 21, 2012 – Comcast Corporation today announced it has selected four new minority-owned independent networks to be broadly distributed on Comcast Cable systems between April
L.A. Lakers icon Magic Johnson is the latest big entertainment name to throw his hat in the ring to buy the Los Angeles Dodgers, which are currently in bankruptcy protection and could be about a month away from holding an auction to sell the franchise. The NBA Hall of Famer probably won’t be the latest high-profile star to attach himself to a potential ownership group — Johnson’s team, confirmed today, is a Santa Monica-based group of private investors known as Guggenheim Baseball Management, which includes Mark Walter, CEO of financial services firm Guggenheim Partners, and veteran baseball exec Stan Kasten — as bidders jockey for position in an auction in which the team will likely fetch more than $1 billion. (Johnson and his Magic Johnson Enterprises sold his ownership stake in the Lakers last year and also is part of the group that is trying to bring the NFL to downtown Los Angeles, so he’s definitely a serious player.) Other big names being bandied about as part of separate possible Dodgers ownership groups include Dallas Mavericks and HDNet’s billionaire owner Mark Cuban — he tried to buy the Chicago Cubs from Tribune a year ago — and former CNN host Larry King. Those kind of high-profile figures also don’t hurt in boosting the Dodgers’ profile as networks prepare to take a crack at landing the team’s lucrative local TV rights, which could mean a $3 billion windfall to the financially strapped team — if the courts can ever decide how that process will unfold.
2ND UPDATE, 12:25 AM: First there was the $35,800-per-person fundraising dinner tonight with Will Smith hosted by his Overbrook Entertainment producing partner and manager James Lassiter. Then President Obama headed over to the home of Antonio Banderas and Melanie Griffith for a somewhat lower-key event aimed at Latino supporters. He was introduced by Eva Longoria who said Obama “knows he’s the president of all Americans” and that “we thank you for everything you’re doing.” Obama leaves town after Tuesday’s Jay Leno taping.
UPDATE (correcting misidentification), 8:01 p.m.: This evening’s Los Angeles traffic snarl at rush hour was just that much worse because President Barack Obama arrived at LAX on board Air Force One at 4:30 PM. He’s attending two Hollywood political fundraisers for the Democratic Party tonight, first at producer James Lassiter’s mansion and then Melanie Griffith’s and Antonio Banderas’ home. Potus will be making a Tonight Show appearance with Jay Leno tomorrow before jetting out of town. According to the White House pool report, Obama first helicoptered to a landing zone in Brentwood and the motorcade made an “off-the-record” visit to Roscoe’s chicken and waffle house. The president ordered at the counter for himself (and nearby aides) the No. 9 “Country Boy” – 3 wings with choice of waffle, potato salad or French fries ($8.90). He then started chatting with diners. I say who cares if you like Obama’s politics or not: he’s got good taste when it comes to LA’s favorite eats.
Then the motorcade traveled to Hancock Park for the first fundraiser hosted by Lassiter, who is Will Smith’s production partner in Overbrook Entertainment which manages the entire Pinkett-Smith family. Here is the pool report written by the Los Angeles Times‘ Peter Nicholas: