Tag Archives: londell mcmillan

Living Legends Foundation Hosts Sold-Out Annual Awards Gala Honoring Londell McMillan, Harvey Mason Jr. & More Industry Icons

image5

image5
image5

The Living Legends Foundation, Inc. (LLF) hosted its highly anticipated annual awards dinner and gala on Friday, October 4, at the Taglyan Cultural Complex in Hollywood, California. The event, completely sold out, attracted an array of stars from the music, entertainment, film, television, and sports industries. Attendees included Sugar Ray Leonard, Jimmy Jam & Terry Lewis, Ray Parker Jr., Chanté Moore, David E. Talbert, Amina Buddafly Pankey, Tanya Nolan, and many more. Esteemed radio personality Skip Cheatham of MAJIC 94.5 in Dallas, Texas, emceed the night while DJ Battlecat set the musical tone.

David C. Linton, chairman of LLF, expressed his pride in the turnout, saying, “The room was filled with legends from celebrities to executives. It’s an honor to bring together the music and entertainment industries for an important cause, benefiting the executives who have contributed so much to the industry and the culture.”

One of the night’s most prominent honorees was L. Londell McMillan, an influential entertainment attorney and chairperson of the NorthStar Group. He was awarded the Kendall A. Minter Entertainment Advocate Award, renamed in honor of Minter’s recent passing. McMillan, a longtime advocate for Black ownership in the entertainment industry, delivered a stirring acceptance speech that reflected on transformative leadership and the importance of Black entrepreneurship.

“I went to law school because I wanted to be a civil rights lawyer,” said McMillan. “I met a gentleman named Reginald F. Lewis, who had acquired McCall Pattern Company, before TLC Beatrice. When I met Reginald Lewis, he asked me ‘What do you want to do?’ I said, I want to be a civil rights lawyer because that is what’s in my heart and in my soul. Reginald Lewis said to me, ‘Young man for your generation, go into business, which will be the civil rights of your generation.”

The gala also celebrated other industry icons. Donnie Simpson, a legendary radio and television broadcaster, received the Jerry Boulding Radio Award. Harvey Mason Jr., CEO of The Recording Academy®, was honored with the A.D. Washington’s Chairman Award, recognizing his leadership within the organization. Ed Eckstine, the first African American president of a major non-Black-owned record company, was presented with the Ray Harris Lifetime Achievement Award, with actor and recording artist Vanessa Williams delivering a video message from London to congratulate him.

Another highlight of the night was the presentation of the Mike Bernardo Female Executive Award to Gwen Franklin, founder and CEO of B. Lifted Up! Inc. Franklin touched on her trailblazing career in the music industry and the importance of spirituality and wellness in her acceptance speech.

Joi Brown, founder and CEO of Culture Creators, received the first-ever Impact Player Award, while Mike Kelly, veteran record executive and radio consultant, was honored with the Music Executive Award. Chris Chambers, founder of The Chamber Group, was recognized with the Media Executive Award, although he was unable to attend. His award was accepted on his behalf by Vivian Scott Chew, who read a moving acceptance letter from Chambers.

The Living Legends Foundation continues to spotlight those who have paved the way in the music and entertainment industries, preserving the legacy and contributions of Black executives and creators. For more information on the Living Legends Foundation, visit their website at www.livinglegendsfoundation.com.

The post Living Legends Foundation Hosts Sold-Out Annual Awards Gala Honoring Londell McMillan, Harvey Mason Jr. & More Industry Icons appeared first on .

Click Here to Discuss in the Forums

Spread the love
             
 
   

ICYMI: Prince’s Estate Valued at $156.4 Million

Prince's Estate Valued at $156.4 Million | The Source

Prince’s estate has officially received valuation. According to the Minneapolis Star Tribune, the icon’s estate is valued at $156.4 million. Previously, the estate was appraised at $82.3 million by Comerica Bank & Trust. The IRS offered a value of $163.2 million.

The number was agreed upon by Comerica and the IRS and received a stamp of approval by Prince’s heirs. The wealth distribution can begin this coming February.

At a hearing Friday in Carver County District Court, L. Londell McMillan, an attorney for three of Prince’s siblings, said, “It’s been a long six years.”

Prince passed away in April 2016 without a will. Two of Prince’s sibling heirs have passed away during the time the estate valuation took place. Two more are in their 80s. The fortune will be split almost evenly between Primary Wave, a well-funded New York music corporation, and the three oldest of the music legend’s six heirs or their families.

The real-estate element of Prince’s inheritance was handled last spring by the IRS and Comerica. However, it took until October to finish the more difficult work of evaluating intangible assets such as the rights to Prince’s music.

The full breakdown of the agreed value and distribution can be read here.

The post ICYMI: Prince’s Estate Valued at $156.4 Million appeared first on The Source.

Click Here to Discuss in the Forums

Spread the love
             
 
   

Prince’s Estate Valued at $156.4 Million

Prince's Estate Valued at $156.4 Million | The Source

Prince’s estate has officially received valuation. According to the Minneapolis Star Tribune, the icon’s estate is valued at $156.4 million. Previously, the estate was appraised at $82.3 million by Comerica Bank & Trust. The IRS offered a value of $163.2 million.

The number was agreed upon by Comerica and the IRS and received a stamp of approval by Prince’s heirs. The wealth distribution can begin this coming February.

At a hearing Friday in Carver County District Court, L. Londell McMillan, an attorney for three of Prince’s siblings, said, “It’s been a long six years.”

Prince passed away in April 2016 without a will. Two of Prince’s sibling heirs have passed away during the time the estate valuation took place. Two more are in their 80s. The fortune will be split almost evenly between Primary Wave, a well-funded New York music corporation, and the three oldest of the music legend’s six heirs or their families.

The real-estate element of Prince’s inheritance was handled last spring by the IRS and Comerica. However, it took until October to finish the more difficult work of evaluating intangible assets such as the rights to Prince’s music.

The full breakdown of the agreed value and distribution can be read here.

The post Prince’s Estate Valued at $156.4 Million appeared first on The Source.

Click Here to Discuss in the Forums

Spread the love
             
 
   

Exclusive: Quality Control Music, Migos, Lil’ Yachty, Lil’ Baby & City Girls Crown The Source POWER30 Cover


Each year, The Source is charged with the controvertible tasks planning and reporting on the most powerful moguls and generals in Hip-Hop culture. This list expands beyond the artists and creative side of the game; this is about POWER!!! As The Source recounts who made the most impact in Hip-Hop culture this past year, created new business models and left a powerful mark for others to learn and follow, we are proud to present to you The Source Issue number #274. The behind-the-scenes industry players, radio and digital media, as well as topics like politics, technology and getting that bag. While deliberating who would make the cover of POWER30 should have been a tough call, not this year. Straight from the home of the trap, Quality Control Music family has the game in Checkmate. As a relatively new entertainment dynasty, QC and their management arm, Solid Foundation, may arguably be the most powerful squad in modern day Hip-Hop.

Each of QC’s artists, starting with their flagship super-stars Migos, then Lil’ Yachty, Lil’ Baby, City Girls and their management stars like Cards B and Trippie Redd all have made a distinctive mark and charted new territory. However, this wave of success did not come out of nowhere, their success comes with the coveted influence and careful guidance of their leaders, Coach K and Pee who have deep insights and roots in the world of music, hustle, trouble, and stardom.

With the Hottest Hip-Hop artists wearing the QC chain, Quality Control has the game in a trap!!! Check The Source POWER30 cover stars Quality Control — It’s CHECKMATE!!!

Also, get the issue out on Newsstands everywhere for the exclusive Power30 Conversation with power attorney and Publisher L. Londell McMillan with Coach K and Pee from Quality Control. In the interview, they share some of their top secrets and dreams, including their dream of one day being included in POWER30 and on the cover of The Source.

Welcome to the POWER30 — The Dream is Real.

The post Exclusive: Quality Control Music, Migos, Lil’ Yachty, Lil’ Baby & City Girls Crown The Source POWER30 Cover appeared first on The Source.

Click Here to Discuss in the Forums

Spread the love