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Jackson, Hinds County, Mississippi
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Harry Belafonte announces new business enterprises aimed at financing and producing showcases for Negro talent, including Belafonte Presents, Inc., music publishing, film production, and plans for a cultural center. He has offices in major cities and a lucrative film deal with 20th Century-Fox.
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Chicago "Our long range aim is to finance and produce show- cases for Negro talent", says Harry Belafonte of his new business enterprises. in the June issue of EBONY Magazine.
Keystone of all Belafonte enterprises is the parent company Belafonte Presents, Inc., which owns the touring concert package, "An Evening With Belafonte", and directs the 12-man folk choir. Other firms under the BPI are Shari Music Publishing Company, Inc., HarBel Productions, Inc. (film- making unit). and Clara Music.
According to EBONY. Belafonte has offices in Los Angeles, and New York, and will set up a London office during his European tour this year.
Discussing other plans: Belafonte says: "We want to set up a cultural center where Negro artists and sculptors can exhibit their work under the best possible conditions. We will arrange for playwrights and TV script writers to work without having to worry about the landlord's knock on the door."
Belafonte's ability as a businessman, according to EBONY, is reflected in the six-picture deal he has worked out with 20th Century- Fox's Buddy Adler for $200,000 per movie.
He has 12 experts on his staff. and an annual payroll that runs into six figures.
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Location
Chicago, Los Angeles, New York, London
Event Date
June Issue Of Ebony Magazine
Story Details
Harry Belafonte establishes business ventures including Belafonte Presents, Inc., to finance and produce showcases for Negro talent, with plans for a cultural center and a six-picture deal with 20th Century-Fox.