Page 54 - Florida Sentinel 5-20-22

Entertainment
Dr. Dre Donates $10 Million To High School In Hometown
DR. DRE
Ice Cube Signs New Multi-Picture Production Television And Film Deal
Music mogul Dr. Dre do- nated $10 million to a high school for a performing arts center being built in his hometown of Compton, Cali- fornia.
The performing arts cen- ter will be an addition to Compton High School, a more-than 125-year-old insti- tution in south Los Angeles.
The new facility for young folks to create and perform will be large enough to in- clude a theater accommodat- ing 1,200 people. The performing arts center will be a space for creativity as well
as an education for commu- nity residents.
Dr. Dre, who was born Andre Young, spoke at the groundbreaking ceremony on May 8 and said he wanted to give the community’s youth something he did not have.
“When I was approached about funding a performing arts center that would pro- vide an arts and technological education to students and be accessible for the community at large, I was all in,” said Young. “I wanted to give the young people of Compton something I never had.”
Ludacris Buys Private Jet As Gift For Graduating From Georgia State
Ice Cube is set to make his on-screen return in a major way.
The rapper/actor has inked a multi-picture produc- tion deal with Back on the Strip firm Luminosity Enter- tainment, according to Dead- line. The deal is in association with 5120 Entertainment and SmokeyScreen. The 52-year- old will co-produce multiple feature films and TV shows.
ICE CUBE
“Excited to be working with Elie and his team to make some great movies, es-
pecially this one. Who could- n’t use me in their head?” Ice Cube said of Elie Samaha, the person who negotiated the deal for Luminosity along with Geno Taylor.
“It is a privilege to be able to establish a partnership with an individual as talented and well versed as Cube,” ex- plained Taylor. “Looking forward to building a success- ful partnership.”
Ludacris is locking up this year's award for biggest ballin' college graduate -- he's got himself a new private jet just to celebrate his recent de- gree from Georgia State.
Luda's showing off his shiny new purchase -- a PJ he's likely planning to use for family vacays, and other trips.
He posted the flying flex with the caption #FamilyUp- grade ... a perfect caption, considering his 4th daugh- ter's birth last year.
The rapper/actor just re- ceived an honorary degree in Music Management from GSU, and he's not even trying
LUDACRIS
to hide how happy he is about his graduation gift.
Once he stepped on board, Luda was belting out "The Jeffersons" theme song. Ya can't deny he's "movin' on
up" ... to about 30,000 feet. The spacious new jet tow- ers over his last plane, which was a Hawker 700, report- edly worth around $20 mil-
lion.
Jay-Z Invests In Black-Led Altro, A No-Cost App Helping To Build Credit
In the words of Jay-Z, “I won’t buy it until I can buy it twice.”
The Hip-Hop mastermind turned business mogul has been dropping gems for Black people to get their finances in order for quite some time now. So, it’s only right that he does his part to help the com- munity do so by investing in Altro, a platform that helps build credit and provides ed- ucation on financial literacy.
Altro — formerly known as Perch — has just secured the funding needed to further democratize credit building “through recurring payment forms like digital subscrip- tions” — think Netflix, Hulu, Spotify, and more.
With approximately 63 million Americans who are ei-
JAY-Z AND ALTRO CO-FOUNDER AND CEO MICHAEL BROUGHTON
ther unbanked or under- banked, Altro is on a mission to use streaming service pay- ments to help people not only build their credit but improve it. According to a press re- lease, the Series A funding round, led by Pendulum, to- taled $18 million thanks to other companies like Jay-Z’s Marcy Venture Partners, Citi
Ventures, Black Capital Fund, Concrete Rose Fund, and a host of others.
The new funding will be used to fuel company growth, geared toward credit-building and its financial literacy edu- cation program with an aim to provide underrepresented individuals with financial power.
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