2 Upbeat Mag http://2upbeatmag.com/ Mon, 19 Sep 2022 04:16:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://2upbeatmag.com/wp-content/uploads/2021/12/icon-150x150.png 2 Upbeat Mag http://2upbeatmag.com/ 32 32 Entertainment News | Pot-bellied Japanese security guards achieve TikTok stardom https://2upbeatmag.com/entertainment-news-pot-bellied-japanese-security-guards-achieve-tiktok-stardom/ Fri, 26 Aug 2022 01:22:08 +0000 https://2upbeatmag.com/entertainment-news-pot-bellied-japanese-security-guards-achieve-tiktok-stardom/

Tokyo, Aug. 26 (AP) These are your ordinary, hard-working, paunchy, friendly, and, well, pretty regular Japanese “salaries.”

But the chief executive and managing director of a small Japanese security company is among the country’s biggest TikTok stars, attracting 2.7 million subscribers and 54 million likes, and winning awards as the creator of trending on video sharing app.

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The Daikyo Security Co. account, which collects goofy dances, gobbled instant noodles and other everyday fare, is the brainchild of the company’s president.

Despite his unassuming demeanor, Daisuke Sakurai is very serious about not only enhancing brand power, but also recruiting young people into his company, a challenge he sees as a matter of survival.

Read also | Top Gun star Val Kilmer reveals he would play Batman again even if it was a cameo.

Founded in 1967, Daikyo has 85 employees, 10 of whom work at the head office, tucked away on the second floor of an obscure building in an alleyway in downtown Tokyo.

“Our work is among those labeled Three-K’ in Japan,” Sakurai said, referring to “kitsui, kitanai, kiken,” which means “hard, dirty, and dangerous.”

A common job for Daikyo guards is working on construction sites, directing traffic with a flashing stick, making sure trucks come and go safely without running over pedestrians.

It’s not a job that requires too special skills, but no one wants to be out for hours. As many as 99 security companies compete for each recruit, unlike two potential employers for office workers, Sakurai said.

And this in a rapidly aging Japan, where all sectors suffer from a shortage of labor.

So why not turn to social media, where young people are supposed to flock? Sakurai started posting on Twitter and Instagram. But it was when he went to TikTok that things went viral.

In a blockbuster segment, general manager Tomohiko Kojima slaps gel sheets, each decorated with the eyes of various comic book characters, on his boss’s face, just above his eyes.

“Who is this character? the subtitles ask in English.

No cut is used, they say proudly. Kojima had to keep trying until the tape landed correctly.

“I don’t train during my working hours,” he laughs.

The clips have a clear message: they challenge the stereotype of rigidly hierarchical, even oppressive Japanese companies. At Daikyo, an employee places gel sheets on the CEO.

Before TikTok, the number of people applying for jobs at Daikyo was zero. After TikTok, the company receives dozens of applicants, including those from people who want to work on the videos.

Some of the videos, like the one in which workers cook a delicious omelet, unfold to catchy songs, like “World’s Smallest Violin” by American pop trio AJR.

They all depict the happy but humble lives of men and women in uniform at work who don’t take themselves too seriously.

These are the good guys from Japan. And it is clear that they love each other very much.

Their success contrasts with Japan Inc.’s image of being behind in digital technology, especially older men who are set in their ways and unable to embrace new technology.

These days, TikTok is awash with attention-seeking businesses, from “izakaya” pubs and barbershops to taxi companies.

Sakurai now has his sights set on global influence, hoping to attract workers from places like Vietnam and Indonesia, and allowing them to work in English.

For example, a recent video features gel sheets with flags of various nations on them, a clip that has attracted thousands of comments and millions of views.

Strike a Mongolian flag and Mongolian viewers comment with gratitude. Others ask for their favorite flags, be it Lithuania or Lebanon.

It’s a sign that TikTok has helped Daikyo overcome language and cultural barriers by simply pounding on him and laughing.

“What makes my job interesting is that it’s about people,” Kojima said.

“What attracts me are people, not things.” (AP)

(This is an unedited and auto-generated story from syndicated newsfeed, LatestLY staff may not have edited or edited the body of the content)

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Musikfest is back at Payrow Plaza | Entertainment News https://2upbeatmag.com/musikfest-is-back-at-payrow-plaza-entertainment-news/ Mon, 08 Aug 2022 16:05:00 +0000 https://2upbeatmag.com/musikfest-is-back-at-payrow-plaza-entertainment-news/

BETHLEHEM, Pa. — He’s back and better than ever. After a 12-year hiatus, Musikfest has brought a family space back to Payrow Plaza.

A lot of people wanted another addition to Musikfest this year, so the organizers decided to bring something back, and that’s how Stadtplatz was formed.

“Ever since he left here 12 years ago, people have been thinking ‘when are you coming back to Payrow Plaza?'” said J. William Reynolds, mayor of Bethlehem. “Very quickly, the city of Bethlehem said, ‘We have to do this, this is the way to bring Musikfest back. “”

From north to south, and everything in between through historic Bethlehem, there is City Hall.

Reynolds says there’s something special about America’s largest unclosed festival making its presence known in the heart of the city.

“Just seeing the joy, energy and excitement here reminds you why Bethlehem is such a special place and community,” he said.

Reynolds says responding to what people want is extremely important.

The city and organizers listened, then followed.

“In the private sector we have ArtsQuest doing the planning. In the public sector we have the city of Bethlehem,” Reynolds said. “We put everyone in the same room, decide what we need to do for the city, and then go from there.”

Aside from the incredible views from the show stage, you won’t be bored touring the area.

“It’s very family-friendly, so a lot of people have brought kids, and it’s centrally located,” Reynolds said. “Various set of musical choices and acts, and the same with the food.”

Performances on Stadtplatz start at 5:00 p.m. every evening.

Musikfest runs until August 14.

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Where Will the Money Come From for the Entertainment Finance? https://2upbeatmag.com/where-will-the-money-come-from-for-the-entertainment-finance/ Fri, 15 Jul 2022 04:30:59 +0000 https://2upbeatmag.com/?p=3252 The funding for movies is becoming increasingly dispersed. How will financing be obtained in the years to come?

The entertainment finance sector has been through its fair share of ups and downs; yet, with the industry as a whole undergoing significant transformation, how will financing methods and models develop? The most influential people in the entertainment sector determine the most fruitful types of investments, offer advice on how to develop the most popular forms of media, and find ways to make the most of the rapidly expanding number of media outlets.

The shifts in consumer behavior toward different forms of media, in conjunction with the ease with which low-budget productions may be made, have raised the importance for businesses and investors to carry out in-depth market research and risk assessments. Traditional means of obtaining financial backing, such as equity-based financing, bridging loans, and tax credits, continue to be attractive instruments for independent film producers. Paydaychampion loans from these Locations in the USA may help with money for low-budget films, new filmmakers, and independent projects.

Consider, for instance, the completion bond for film production. This bond is a type of insurance that is backed by a corporation that guarantees the successful completion of the project. This bond provides banks and other investors with the assurance that films will be produced in accordance with a predetermined timeline and budget. It is most commonly used for films that are independently financed. Then, why do the vast majority of films continue to bomb or run out of money? According to Susan Williams, a partner at the law firm Loeb & Loeb, “what oftentimes holds films back in terms of financing is not that they are using their budget incorrectly.” Rather, “what oftentimes holds them back in terms of financing is that many of them are unaware of the bond fee or contingency that comes with a completion guarantee.”

The proliferation of streaming services across many platforms was made possible by the proliferation of media channels such as Netflix and Hulu, as well as Amazon Prime. In an effort to secure a larger share of the consumer market, a number of other businesses, including Sony PlayStation and YouTube Red, have followed suit. The entertainment business is under an incredible amount of pressure to continually deliver tales that are original, low-cost, and appealing as a result of the fact that many of these channels are now developing their own material from scratch.

According to Pozible, “You’ve Got Shows Like ‘Orange Is the New Black’ Gaining a Lot of Popularity,” and Other Streaming Shows Are Doing the Same. “In addition to this, I’ve observed two other phenomena that have resulted from Netflix’s streaming approach. One reason for this is that much lower-budget television series are emerging onto the market and offering a lot of options for production. To visualize this, think of going from $100 million to $5 or $10 million. The aggregation of rights for international distribution is the second item that needs to be done. There is no longer a restriction on content to only include theatrical releases. For the purpose of securing better long-term value, the sector is currently investigating many new options, such as acquiring foreign licensing and streaming materials with businesses such as Netflix.

What is it that’s causing such a stir in the industry?

The consumer market is no longer dominated by the massive cable companies that once controlled digital streaming platforms, which are becoming increasingly competitive. The knowledge that in order to earn long-term subscribers, outlets need to generate their own material is what has led to the recent uptick in the amount of original content that is being published by nontraditional sites. Even firms like YouTube, which have been hosting user-generated content for a long time, have begun to embrace the concept of large-scale original productions with the launch of their paid subscription service YouTube Red.

According to Jeff Geoffray, managing partner of VX119 Media Capital, LLC, a significant lender in the film and television industry, “Compared to the doldrums of 2007 through 2012, there are a lot of new players in the market and there are digital native-content creators for obscure distributors like Verizon that are putting out content at the level of feature films.” This statement was made in reference to the period from 2007 through 2012. These businesses have come to the conclusion that in order to ensure their continued prosperity, they need to produce their own original content.

The fundamental concepts of supply and demand have a significant role in the decision-making process of film finance. The risk takes into account a variety of components, including committed receivables, cost overruns, and future cash flows; however, the appearance of new streaming outlets can frequently make the calculation more complicated. Today’s financiers are required to factor into their calculations profit margins that are derived from projections of future cash flows generated by residuals and third-party distribution outlets. This also concerns the global market, which is one of the primary motivating factors behind Chinese investment in Hollywood. Pozil says, “Take a look at the successful contract that was struck between Hunan TV and Lionsgate.” There is a well-developed China strategy in place, and it comprises forming partnerships with entrepreneurial organizations in order to broaden the scope of activities worldwide. “Sicario,” “Age of Adaline,” and “Gods of Egypt” are just a few of the films that would not have been made without the collaboration that encourages co-development and co-production.

Alterations in customer behavior have also contributed to the sector’s upheaval. The experience of going to the movies is in danger of becoming extinct because of the on-demand generation. Despite the growth of streaming networks and the stagnation of ticket sales at box offices, studios continue to explore new ways to increase their bottom lines. This shift in audience behavior has been capitalized on by businesses such as the Screening Room, which now delivers recently released films directly to the homes of audiences for a mere $50 for a period of 48 hours. It is yet too soon to tell whether or not this will become the new method of consuming entertainment, but a shift in the expectations and behaviors of customers is undoubtedly on the horizon, and this shift will impact how the industry is financed.

Funds traveling from the East to the West

This pattern may shift in the future, despite the fact that an increasing amount of money is coming from China to be invested in Hollywood. Paramount Pictures, which is owned by Viacom Inc., has just received a cash investment of one billion dollars from Shanghai Film Group (SFG) and Huahua Media. This serves as evidence of the magnitude of Chinese corporations’ investments in the entertainment industry. The investment is dependent on a three-year arrangement between SFG and Huahua Media, in which they will jointly finance up to 25 percent of all films distributed by Paramount, with the option to extend the deal for the fourth year. It is not anticipated that variables external to the company, such as the political environment or financial rules, will have a significant impact.

In reaction to the growing concern around China’s capital outflow into U.S. corporations, Pozil asserts, “The good deals that make sense will always be accepted.” “Capital controls exist in the modern world, but I am unable to predict whether they will be temporary or permanent. I have no doubt that, in addition to the larger idea of currency control, there were a lot of ill-advised investments; the entertainment business is simply one of those industries that have been highlighted. A number of promising developments have surfaced as a direct result of the recent meeting that took place between President Trump and President Xi. Brazil forecasts that “I expect we’ll see an easing of capital regulations either this year or next,” but he doesn’t specify which year. “And as that becomes less restrictive, we’ll see more money and a greater degree of strategic discipline from Chinese investment firms.”

The American film company Paramount Pictures is not the first of its kind to collaborate or form partnerships with Chinese businesses in order to generate lucrative cash flow. Studios like STX Entertainment, Warner Bros., Walt Disney Co., Dreamworks, and Lionsgate are all examples of companies that have created work with financial backing from China. “We’re getting more Chinese stock, either as the complete source or as part of the financing, and it’s growing more prevalent every day,” adds Geoffrey. “We’re getting more Chinese equity, either as the full source or as part of the financing.” Other recent business endeavors include the Creative Artists Agency (CAA) and China’s CMC Capital Partners forming a partnership to expand their operations in China.

“Box offices in China have expanded from $140 million 12 years ago to more than $6 billion today,” says Rong Chen, chief executive officer of Perfect World Pictures. “Box offices in China have increased from $140 million to more than $6 billion.” “It is only logical that we should all work together in order to acquire the biggest audience margin possible,”

Although they are still uncommon, Asian faces and themes are becoming increasingly evident throughout contemporary entertainment lineups. This is despite the fact that appealing to Chinese audiences has become a higher priority for moviemakers. Take the most famous actress in China, Fan Bingbing, for example; she has recently been seen in films like “Iron Man 3” and “X-Men: Days of Future Past,” and she is looking forward to playing larger roles in the near future. In January, she gave an interview to the magazine TIME in which she said, “In ten years, I’m confident I will be the heroine of ‘X-Men.'”

Pozil advises that in order to be successful, “what you need to do is stand out and create an argument as to why your deal makes the most sense to them.” “There needs to be a good strategic move that will assist the Chinese agencies in growing better ties in Hollywood,” you might quote him as saying.

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