Huge Display Leisure Group Making Huge Strikes Ahead

BEVERLY HILLS, Calif., June 3, 2021 (GLOBE NEWSWIRE) – Big Screen Entertainment Group (OTC: BSEG) is ramping up development and production.

The Los Angeles-based company will see revenue grow through its successful streaming channel Big Stream, which operates on a Hulu-style ad revenue and subscription model.

Founded 18 months ago, the Roku channel and online streamer with hundreds of hours of content from the big screen library and that of its partners, as well as original programming, has increased its audience by 325% year over year.

Money also brings a merchandising partnership with the lifestyle and retail brand The Princess Network, which sells elegant tiaras and other princess fashions for women of all ages in addition to a new line of royal pet clothing, thereby opening up the lucrative pet products business – an industry with total sales of over 100 billion US dollars in 2020. (www.theprincess.network)

Big Screen has developed a number of new TV series and film projects, including three animated films for family audiences, and was recently in production for the upcoming live-action Christmas film Santa4Real, directed by award-winning The Deka Bros.

The company’s new TV series include Avenger Field, an action show about the real Women Service Airforce Pilots (WASPs), Shadow Kat, a crime series, Singularity Principle, based on the film of the same name and about quantum time travel, along with a crime intelligence show in the CSI style, a children’s adventure series on the subject of the environment and a futuristic medical drama.

With a constantly growing range of development and a growing creative team, BSEG is in discussion to set up a film fund to bring a number of in-house projects to the screen. The upper management is currently in discussions with several investment groups about this film fund.

All of this recent activity is overseen by Kimberley Kates, Big Screen’s chief executive, who said, “The company’s future has never been so bright. The quality of our projects and the incredibly talented team that works in the company is very exciting. We used Covid’s time to regroup, create and develop a number of exciting IPs that I believe will take BSEG to the next level. “

Other news:

Updated financial reports and other management reports are currently in the works to bring the company up to speed.

About Big Screen Entertainment (BSEG)

Big Screen Entertainment Group (OTC: BSEG) is an established sales and production company based in Beverly Hills. Founded in 2005 based on a love of storytelling, the company specializes in production, post-production and sales in the US and internationally. It continues to grow and evolve into new commercial models in an ever-changing media world.

Forward-Looking Statements: A number of the statements in the press release are forward-looking statements made under the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to develop additional sources of financing. When used in this press release, words such as “may,” “plan,” “estimate,” “expect,” “intend,” “may,” “potentially,” “should” and similar expressions are forward-looking statements.

323.654.3400 or Big@bigscreenent.com

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Make these cash strikes because the U.S. financial system recovers from Covid

As more people get Covid-19 vaccinations and the US reopens, people may be wondering what they should do to be on the right track with their money during an economic recovery.

There are signs that the economy is recovering. US companies reopen as states relax virus-related restrictions and employers hired again.

Not agricultural in March Payrolls increased by 916.00 and retail sales increased by almost 10% after the third round of stimulus payments. At the same time, unemployment claims fell to 576,000 last week – still an astonishing number but the lowest since the layoff pandemic began.

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“I think the economy is ready to tear apart,” Federal Reserve Governor Christopher Waller told CNBC Steve Liesman during a Friday “Squawk on the street“Interview.” There is more to be done, but I think everyone is much more comfortable with having the virus under control and we are starting to see it in the form of economic activity. “

Yet many households are still facing the effects of the pandemic, and will be for many years, even if the economy recovers. And even those who haven’t been hit as badly by Covid may need to reassess their finances as lockdowns have shifted priorities and spending habits.

In addition, money experts say that after being surprised by the coronavirus pandemic, many Americans are now more anxious to be prepared for the next possible economic downturn.

Experts advise people to focus on this when the economy opens and recovers.

1. Rebuild the emergency savings

The pandemic came as a complete surprise and showed many Americans how unprepared they were to face an emergency. Now that the US is rebuilding the economy and more people are back to work, strengthening emergency savings should be a priority.

“Financial best practice relates to bad and good times,” said Mark Hamrick, senior economic analyst at Bankrate. “We urgently advise you to give priority to emergency savings.”

A rule of thumb followed by many financial professionals is that people should have three to six months of living expenses in an emergency savings fund. But 13 months after a pandemic that leaves millions of people unemployed, people may be rethinking their savings goals.

If you have $ 25,000 in debt, you cannot manage your finances as if you didn’t have $ 25,000 in debt to pay off.

Tania Brown

CFP and Coach at SaverLife

“This should get people thinking a second time about applying the rule of thumb and actually thinking about their own specific situation,” said Dana Menard, certified financial planner and founder and CEO of Twin Cities Wealth Strategies in Maple Grove, Minnesota.

Depending on their career, industry, family, and specific needs, some people may want to save more or even less in an emergency savings fund to prepare for the next event.

“Three months is just the starting point,” said Tania Brown, CFP and coach at SaverLife, a nonprofit focused on saving.

2. Pay off debts

Another high priority financial goal recommended by experts is to pay off debt, especially for those who may have taken on more to keep their afloat during the pandemic.

“If you have $ 25,000 in debt, you can’t manage your finances as if you didn’t have $ 25,000 in debt to pay off,” Brown said. This means that people should develop a game plan for paying off debt using one of many strategies, such as: For example, pay off high-yield debts first, or focus on the debts that are easiest and fastest to get rid of.

Brown says now is a good time to start planning your debt management. In the past few months, as a third round of business reviews and tax refunds expire, families in particular could have thousands of extra dollars to spend.

Of course, some people want to pay off their debts before building emergency savings or working towards both goals at the same time.

If people can afford to work towards multiple financial goals at once, they should, Menard said, adding that not everyone has this ability.

3. Revise your budget for the new normal

The past year has been unusual and has resulted in drastic changes in the budget for many. Whether people lost their jobs and had to find other sources of income, or whether they had extra money on canceled trips, budgets may need to be updated.

This is also important as people start to re-enter the world when it opens up after the pandemic. They should be extra careful so their excitement doesn’t result in high spending, Brown said.

Really take into account what that inflation is going to be – what you think you budgeted earlier may not be enough

Marisa Bradbury

Investment advisor at Sigma Investment Counselors

It’s also a good idea to check if the cost of certain goods and services is the same or has changed due to the pandemic.

“Remember, inflation is creeping in – things could cost more,” said Marisa Bradbury, CFP, CPA and investment advisor at Sigma Investment Counselors in Lake Mary, Florida. “Really take into account how high this inflation is going to be – what you think you budgeted earlier may not be enough.”

If you have money to spend on fun things like entertainment, shopping, or traveling, Bradbury recommends going back to budget and earmarking a certain amount to protect yourself from over-spending. This is especially important for retired people living on a steady income, Bradley said.

4. Calibrate and revise your financial goals

As the US pulls away from the pandemic, people should also rethink their long-term financial goals. The past year has set millions of Americans back in many ways, and for some it has meant pushing away milestones like buying a home or car.

“If they’re hammered by 2020, they may have to retire for a couple of years. That’s fine,” Brown said. “You may have to deal with some of these financial fundamentals first.”

Even if the economy recovers, there won’t be an overnight return to pre-pandemic finances, according to Brown. And people should be aware of this and adjust their expectations accordingly.

“What worked in 2019 or even 2020 may not work now,” she said.

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Why market’s manic strikes on Fed, inflation might not peak till summer time

Last week’s market action was another example of a push-and-pull between stocks, bonds, and the Federal Reserve that investors should expect more of over the course of 2021. Indeed, there is reason to believe that the battle for bond yields and inflation has hit stocks, investors may not peak until the summer.

The Dow Jones industry average hit another new entry last week – and Dow futures were strong on Sunday – as some of the sectors, including financial and industrial sectors, advocated a move away from growth and received further support from the new round of federal incentives, while the latest inflation figure was below estimates. The Nasdaq bounced back sharply and beaten up, great 2020 success stories like Tesla collected. Investors looking for the all-clear signal got no signal, however, as the tech sold out towards the end of the week and ten-year government bond yields hit a one-year high on Friday.

The Fed meeting on Tuesday and Wednesday of this week may Drive action on yields and growth stocksWith Fed chairman Jerome Powell expecting to maintain his cautious stance, some bond and stock market experts look a little further out from May to July to find a key position for investors. One key data point supports this view: inflation is projected to hit a year-long high in May and see a dramatic increase.

Federal Reserve Chairman Jerome Powell speaks during a House Select subcommittee on the coronavirus crisis hearing on September 23, 2020 in Washington, DC, United States.

Stefani Reynolds | Reuters

Action Economics predicts that consumer price index (CPI) gains will peak in May at 3.7% for the headline and 2.3% for core inflation. That shouldn’t come as a surprise. With the US celebrating its one-year anniversary since the pandemic began, it is the May-May comparison that captures the stalemate that hit the country last spring and is now used to add to inflationary pressures in May.

But even if that happens, the steep rise in inflation in the months ahead is likely to heighten investor concerns that the Fed is still underestimating the risks of upward inflation. It is only a matter of time before the economy is fully open and economic expansion occurs at a rate that drives inflation and interest rates high.

A worldly shift in interest rates and inflation

On Wall Street the belief is growing that one The era of low interest rates and low inflation is coming to an endand that a fundamental change is coming.

“We have had a very docile phase of interest and inflation and that is over,” said Lew Altfest of New York-based Altfest Personal Wealth Management. “The bottom has been set, and rates will rise again there, and inflation will rise too, but not as dramatically.”

“Speed ​​is what worries investors most,” said CFRA chief investment strategist Sam Stovall. “There will of course be an increase in inflation and we have been spoiled because it has been below two percent for many years.”

The inflation rate averaged 3.5% since 1950.

This week’s FOMC meeting will focus investors on what is known as the “scatter chart” – members’ prospects of when short-term rates are going to rise, and this may not change much, even if their members do not have as many members Members must switch views in order to move the median. But it’s the summer when the market will push the Fed on a higher inflation rate.

“It’s a pretty good bet that higher inflation, higher GDP and tightening are on the horizon,” said Mike Englund, chief executive officer and chief economist for action economics. “Powell won’t want to talk about it, but this sets the table for this summer discussion as inflation is peaking and the Fed gives no reason.”

Commodities and real estate prices

Action Economics now predicts that inflation growth will be moderate in the third and fourth quarters and that interest rates will average around 1.50% in the third and fourth quarters, taking into account movements in the CPI. But Englund is concerned.

“How reluctant is the Fed really,” he asked. “The Fed hasn’t had to put its money where its mouth is and say interest rates will stay low. … Perhaps the real risk is the second half of this year and a shift in rhetoric.”

Some of the year-over-year comparisons of inflation numbers, such as commodities plummeting last year, are to be expected.

“We know people will try to explain it as a comparative effect,” says Englund.

However, there are signs of sustained gains and a rise in residential property prices across various commodity sectors, which is not measured as part of core inflation but rather an economic impact of inflationary conditions. There are currently a record low supply of existing properties for sale.

These are inflationary pressures that make the June-July FOMC meeting and the biannual Congressional Monetary Policy Testimony on Capitol Hill the potentially more momentous Fed moments for the market.

As housing affordability falls and commodity prices rise, it will be harder to tell the public that there is no inflation problem. “It can fall on deaf ears in the summer when the Fed goes before Congress,” said Englund.

Altfest is reacting to real estate inflation in its investment outlook. His company sets up a residential real estate fund because it benefits from an inflationary environment. “Volatility in stocks will persist in the face of strong pluses and minuses, and hide in the private market, with an emphasis on cash returns rather than prices on a volatile stock market, which is comforting to people,” he said.

Investor sentiment amid impetus

History shows that as rates rise and inflation increases with economic activity, companies can pass price increases on to customers. Last week, investors were delighted to be able to tie four consecutive days of earnings together. According to Stovall, however, stock market investors were also spoiled by the strong performance of the shares. While the trajectory is still higher, the angle of ascent has decreased.

“If there was a guarantee that inflation and interest rates would only rise in the short term, and as we move past the second quarter, which looks drastically stronger than 2020, a guarantee for the second half of the year would bring inflation and interest rates down , investors don’t. ” be concerned, “he said.

However, economic growth could force the Fed to raise short-term interest rates faster than expected.

“That contributes to the agita,” said Stovall.

Altfest customers are split between the manic “Biden cops”, who see a time like the Roaring 20s ahead of them, and the depressed ones, the “Grantham bears”.

He says either can be right. Interest rates can continue to rise and corporate profits rise at the same time. More profits mean a better stock market, while higher interest rates put pressure on value for money and offer more opportunities.

For bonds to be a true competitor to stocks, interest rates must be above 3%, and by the time the market gets close to that, the bond market’s impact on stocks will be dwarfed by economic growth potential and the outlook for corporate earnings, according to Altfest. Value remains much cheaper than growth, even if these stocks and sectors have rallied since the fourth quarter of last year. However, it is more focused on foreign stocks, which are benefiting from increased global economic demand and have not moved as fast as the US market.

Stock sectors that work

For many investors, there may not be enough confidence to add stocks significantly as we near the Wall Street summer period when we sell and go in May. But there will also be more money on the sidelines that could flow into stock prices relatively soon, including stimulus payments to Americans who don’t need the money to cover daily expenses, and this could help prop up stock prices in the short term, said Stovall.

The attraction of reaching many Americans with urgent financial needs and including one of the greatest poverty reduction legislative efforts in decades, it has also reached many Americans with stimulus payments that brought it to market and increased savings. The country’s savings rate is at its highest level since World War II, and disposable income has seen its biggest gain in 14 years at 7%, doubling its 2019 profit. “And that was a boom year,” said Englund.

The “sale in May” theory is a misnomer. According to CFRA data, the average change in the price of stocks over the May to October period is better than the return on World War II cash, and 63% of stocks rose over the period. “If you’ve got a 50:50 chance and the average return is better than cash, why are there tax consequences of selling,” asked Stovall. “That’s why I always say that you are better off turning than pulling back.”

And for now, the stock market has been working through the rotation in value and out of technology for investors, although last week’s Nasdaq gains suggested investors there are looking for signs of stabilization. Industry performance since the S&P 500’s last correction in September 2020 shows that the top performing parts of the market have been energy, finance, materials and industrials.

“The very sectors that do best in a steeper yield curve environment,” said Stovall. “As the Fed continues to try not to hike rates, these are the sectors that are doing well.”

Investors who have already counted this market have proven wrong, and investors rarely give up on a trend that is working. Because of this, Stovall’s view remains “rotate rather than retreat” and make more money in value and out of growth as stock market investors continue to stick with companies operating in steeper yield curve environments.

He also pointed out a technical factor to watch before summer. On average, there is a 283 day period between S&P 500 declines of 5% or more, dating back to World War II. It’s been 190 days as of last week, which means the market isn’t “really due” for another 90 days – or in other words, the beginning of summer.

By the summer, the anecdotal evidence of prices will work against the Fed. A faster pace of recovery overseas, for example in the European economy, which has lagged behind the US, could also accelerate global demand and commodity markets.

For both inflation and the stock outlook, investors face a similar problem in the coming months: “You never know you will be at the top until you start the downward trend,” said Englund.

Respectfully, Justin Laboy strikes from on-line stardom to TV | Leisure




Social media personality Justin Laboy poses for a portrait at London’s West Hollywood Hotel on February 10, 2021 in West Hollywood, California.




Social media personality Justin Laboy poses for a portrait at London’s West Hollywood Hotel on February 10, 2021 in West Hollywood, California.




Justin Laboy switches from online star to television with respect

Social media personality Justin Laboy poses for a portrait at London’s West Hollywood Hotel on February 10, 2021 in West Hollywood, California.




Justin Laboy switches from online star to television with respect

Justin Laboy rose to fame after his viral “Demon Age” Instagram Live Sessions and Conversation Start Posts. Now the 29-year-old native New Yorker from Queens is planning his next steps.




Justin Laboy switches from online star to television with respect

Social media star Justin Laboy is working with Diddy’s son Justin Combs on a new TV talk and variety show that explores relationships and taboos.

From JAMIA PUGH Associated Press

WEST HOLLYWOOD, Calif. (AP) – A year after his demon-era Instagram live sessions went viral at the start of the pandemic, Justin Laboy has rebranded his social media fame and added a TV talk show starring Diddy’s son and a constant output of conversation start contributions.

The 29-year-old former professional basketball player, whose friendship with NBA star Kevin Durant helped boost his online profile early on, was yelled at by Beyonce and sat down with Chris Brown and Saweetie for the new Revolt TV show, the Bären bears the name of its social page: Respectful Justin.

The Valentine’s Day premiere marked the first time many of Laboy’s fans had a chance to see his face. He’d remained masked in most of the photos, adding a sense of secrecy to his identity, even as his hilarious and apologetically risky observations about sex and relationships grew in popularity.

Shadow and mask on, Jubilee 11s laced up while recently promoting the TV show at a West Hollywood hotel. Laboy said he was not hiding, “I am an open book.” Laboy (pronounced LUH boy) is his first name, not a nickname, and the social side has always been his creation, he said.

Laboy says he grew up the youngest of five children in a “broken family” in Queens, New York, and had an early ambition to “break generational curses.” He ended his career as a professional basketball player overseas after torn Achilles tendons and the realization that “I wouldn’t be the next Michael Jordan or LeBron James”.

Respectfully, Justin Laboy strikes from on-line stardom to TV | Leisure




Social media personality Justin Laboy poses for a portrait at London’s West Hollywood Hotel on February 10, 2021 in West Hollywood, California.




Social media personality Justin Laboy poses for a portrait at London’s West Hollywood Hotel on February 10, 2021 in West Hollywood, California.




Justin Laboy switches from online star to television with respect

Social media personality Justin Laboy poses for a portrait at London’s West Hollywood Hotel on February 10, 2021 in West Hollywood, California.

From JAMIA PUGH Associated Press

WEST HOLLYWOOD, Calif. (AP) – A year after his demon-era Instagram live sessions went viral at the start of the pandemic, Justin Laboy has rebranded his social media fame and added a TV talk show starring Diddy’s son and a constant output of conversation start contributions.

The 29-year-old former professional basketball player, whose friendship with NBA star Kevin Durant helped boost his online profile early on, was yelled at by Beyonce and sat down with Chris Brown and Saweetie for the new Revolt TV show, the Bären bears the name of its social page: Respectful Justin.

The Valentine’s Day premiere marked the first time many of Laboy’s fans had a chance to see his face. He’d remained masked in most of the photos, adding a sense of secrecy to his identity, even as his hilarious and apologetically risky observations about sex and relationships grew in popularity.

Shadow and mask on, Jubilee 11s laced up while recently promoting the TV show at a West Hollywood hotel. Laboy said he was not hiding, “I am an open book.” Laboy (pronounced LUH boy) is his first name, not a nickname, and the social side has always been his creation, he said.

Laboy says he grew up the youngest of five children in a “broken family” in Queens, New York, and had an early ambition to “break generational curses.” He ended his career as a professional basketball player overseas after torn Achilles tendons and the realization that “I wouldn’t be the next Michael Jordan or LeBron James”.