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Cristiano Ronaldo to become first billionaire footballer after capitalizing on social media power

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According to a new report, Juventus of Italy and Portugal international striker Cristiano Ronaldo, is set to become football’s first ever billionaire.

According to Mirror UK, Ronaldo’s earning power via social media and his move to Italy are taking his personal wealth to Billionaire heights previously only reached by Tiger Woods and Floyd Mayweather as active sportsmen.

Despite the Portugues captain agreeing to take a pay cut at Juventus as part of his club’s cost-cutting amid the ongoing coronavirus pandemic, he is still set to join the Billionaire gang as his off-the-pitch earnings is where Ronaldo is making more money than ever before; having earned £36million ($44m) last year through commercial ventures alone.



From the £88million ($109m) he made last year, £52million ($65m) of that comes via his contract with Juventus, while his money from paid Instagram posts (£39m) last year alone was more than his take home pay (£30m) from Juventus.

Apart from his chain of Pestana Cr7 hotels in Portugal, Spain and New York, Ronaldo’s commercial deals with Tag Heuer, Nike, Herbalife Nutrition Electronic Arts, Altice, DAZN,  MTG, Egyptian Steel and his own CR7 plus his chain of building assets in Manchester, Portugal and Madrid mean Ronaldo’s income keeps growing higher.

According to the report; ”Shares in the Italian champions rose to unprecedented levels in the three months after his £88million signing in 2018, almost doubling in value.

”One performance during the 2018-19 season – his hat-trick against Atletico Madrid in the Champions League second round – directly led to a 24 per cent jump in share price. ”

”Even now, having dropped considerably amid football’s suspension during the coronavirus crisis, they remain comfortably above where they stood prior to his arrival, while the club itself have experienced huge marketing growth across the globe – largely down to its association with its No.7.

”As such, it’s little wonder why he is so sought after to advertise products, and so well paid to do so. ”

”Across Instagram, Twitter and Facebook, Ronaldo boasts 420million followers and each advertised post earns him in the region of £900,000.

”And, simply, as his followers on social media have continued to increase, so too has his earning power, both for himself and those to whom he represents or is attached.”
Forbes’ sports money analyst Christina Settimi said last week: “With the additional $45million (£36m) he makes as a walking billboard, pitching products head to toe for the likes of Nike and his CR7 line of underwear, footwear, and cologne, Ronaldo can still earn $91million (£74m) annually to retain his standing among the best-paid in all of sports, and still become the third active athlete to crack the $1billion (£800m) mark in career earnings at the end of this season.”

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Akon sued for $4 Million by former business partner

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Akon’s former business partner is suing the singer for refusing to pay him $4 million. (more…)

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Netflix Commits $1 Million towards Scholarships in Africa

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Netflix , the world’s leading entertainment streaming service, has  announced a commitment of US$1 million towards the newly-established Netflix Creative Equity Scholarship Fund (CESF) for film and TV students in Sub-Saharan Africa. The scholarship fund forms part of Netflix’s global Netflix Creative Equity Fund  launched in 2021 to be allocated to various initiatives over the next 5 years with the goal of developing a strong, diverse pipeline of creatives around the world.

The scholarship fund will cover the costs for tuition, accommodation, study materials and living expenses at institutions where beneficiaries have gained admission to pursue a course of study in the TV & film disciplines in the 2022 academic year.

The Netflix CESF is targeted for rollout across the region in the academic year commencing in 2022, starting with an open call for applications in the Southern African Development Community (SADC) region, in partnership with social investment fund management and advisory firm Tshikululu Social Investments (https://bit.ly/3qLORX2) as implementing partner/fund administrator in Southern Africa. Fund administration partners for East Africa and the West and Central Africa regions will be announced in due course.

“Netflix is excited by the potential of the next generation of storytellers and we’re committed to investing in the future of African storytelling in the long-term,” says Ben Amadasun, Netflix Director of Content in Africa. “We believe there are great stories to be told from Africa and we want to play our part by supporting students who are passionate about the film and TV industry so they too, can ultimately contribute to the creative ecosystem by bringing more unique voices and diverse perspectives to African storytelling that our global audiences find appealing.”

How it works:

The Netflix CESF is designed to provide financial assistance, through full scholarships, at partner higher educational institutions (HEI) in South Africa to support the formal qualification and training of aspiring creatives from a SADC region country that wish to study in South Africa, and are able to obtain the necessary permissions to do so. The following countries will be eligible: Angola, Botswana, Comoros, Democratic Republic of Congo, Eswatini, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, Tanzania, Zambia and Zimbabwe.

In the SADC region, the fund will be available to students who have obtained admission to study in various film & TV-focused disciplines, for the 2022 academic year, at the following partner institutions:

Students interested in applying for scholarships for the 2022 academic year will be able to find additional information, application criteria, a list of partner higher education institutions (HEI) and will be able to apply online on our fund manager and advisory partner, Tshikululu’s website (Tshikululu.org.za). Applications are now open until 04 February 2022 at 23h59 CAT.

The Netflix CESF will also benefit students from other parts of Africa – particularly East Africa as well as West and Central Africa. Fund administration partners for East Africa and the West and Central Africa regions will be announced, along with the calls for applications, in due course.

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Cummings Blasts Weah After Unprovoked Attack On Peaceful Protest

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Liberian opposition leader Alexander B Cummings has launched a stinging attack on President George Weah after government forces today launched an unprovoked attack on peaceful protesters in Monrovia, injuring multiple people.

 

The protesters displayed banners and posters calling for justice and indicating solidarity with Cummings, the leader of the Alternative National Congress (ANC), who is being prosecuted by the Government of Liberia on discredited, politically motivated charges of “forgery and criminal conspiracy”.

 

Cummings accused the Weah administration of abusing its authority to restrict Liberia’s political space ahead of the 2023 presidential elections.

 

“Today, thousands of Liberians took to the streets of Monrovia to exercise their right to peaceful assembly. This right is one of the cornerstones of Liberia’s democracy, bestowed to us through our constitution. These peaceful, lawful protesters have been tear-gassed, wounded, and arrested by police,” Cummings said.

 

“I have stood firm and calm when the government has violated my own democratic rights, through the manipulation of courts and casting false accusations. I cannot remain calm when the democratic rights of my fellow Liberians are violated, and law-abiding citizens are left bleeding on the streets on Liberia.”

 

Footage and pictures of the protest have been circulating widely on Liberian social media, showing multiple injuries and abuses by police.

 

Cummings, a former international business executive, called on Weah to govern in line with international democratic standards, or move aside in favor of others who can.

 

Cummings said, “The weak leadership of President Weah has brought the Liberian economy to the brink of collapse; the events at this protest, combined with the bogus charges levelled against me, is further evidence that he is now abusing his position and using every tool, including democratic institutions, at his disposal to cling to power. Enough is enough.”

 

The ANC leader called on his countrymen to defend the country’s young and hard-won democracy.

 

He said, “Now, I speak to all Liberians – whether my supporters or critics. Liberia cannot continue in this downwards spiral. Our democratic rights are not guaranteed. We – the upholders of democracy – need to protect them. Our chance to choose the government we deserve, and deliver the future we deserve to a future generation of Liberians, comes in 2023. I stand with you. I hear you.”

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Social audio platform Stationhead launches new web interface, a first for live social audio

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Live social audio platform Stationhead is now accessible via its new web interface, making it the first entry in the social audio space to allow users to broadcast their own streaming audio shows—fully integrated with streaming music—directly from the web without using an iOS or Android app. In the wake of the new web interface launch, host engagement has increased by 50%.
Stationhead’s new web platform provides users with the ability to integrate premium recording hardware, giving professional creators even more options. With over 3.5 million active users and 20k+ active hosts spending an average of more than two hours on-platform per day, Stationhead continues to expand and improve its capabilities for all users.
“Stationhead has exploded in popularity this year. Our exponential organic growth is a testament that radio needed to be reinvented for the world we’re living in today,” Ryan Star, CEO and co-founder of Stationhead, tells Billboard. He goes on to explain about the new web interface, “As we continue to grow, it is critical to give our users even more ways to stay connected with each other and for our hosts to be able to take it to the next level.”
Stationhead continues to see extensive adoption by top tier artists since its launch, with Cardi B, Camila Cabello, Megan Thee Stallion, Brandi Carlile and Raekwon all making live appearances on shows. Coldplay is now using Stationhead as their primary radio outlet, featuring broadcasts from members of the band, and Ed Sheeran and Halsey have also held listening parties via Stationhead while The Maine and Vanessa Carlton have established their own artist stations on the platform. Most recently, Bruno Mars and Anderson .Paak joined guest host D-Nice for a listening party debuting their new record as the superduo
Silk Sonic.
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2022 Grammy Awards rescheduled to April 3 in Las Vegas

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The 64th annual Grammy Awards have a new air date. (more…)

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Actors, Keith Powers and Ryan Destiny split after dating for 4 years

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Ryan Destiny and Keith Powers are calling it quits. (more…)

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