Dallas, Texas 05/15/2014 (FINANCIALSTRENDS) –Twenty-First Century Fox Inc. (NASDAQ:FOXA) recently announced to have partnered with an independent film organization, GFS (Ghetto Film School) to launch a new initiative in Los Angeles. This partnership will help GFS to expand its operation to Los Angeles which is expected to begin by June 2014. The initiative will be based on GFS’ award winning educational model which favors rigorous creative education model being utilized since 2000 at the South Bronx non-profit.
More about the Initiative:
GFS will be located in MacArthur Park neighborhood and will utilize facilities made available through its acclaimed non-profit partner, Heart of Los Angeles. A long standing partner of GFS, Twenty-First Century Fox Inc. (NASDAQ:FOXA) will provide both financial assistance as well as in-kind support for this initiative including involvement of senior executives as guest lecturers and mentors alongside sharing of content for integration into the school’s curriculum.
GFS will offer this program free of charge and will enroll 75 diverse, teenage storytellers from the local area during the initial phase of implementation. These teenagers will get an opportunity to complete a 30 month pre-professional exposure in cinematic storytelling along with production training. The model will be based on the “Fellows Program” model developed by GFS over the past one and a half decades.
Co-Chief Operating Officer of Twenty-First Century Fox Inc. (NASDAQ:FOXA), James Murdoch expressed that GFS has proved through its work of more than a decade that for social and education development of young people, creativity and storytelling are as essential as any traditional curriculum. The company already supports and is aspired to support storytellers and hence it feels just right to support new storytellers at the GFS.
Joe Hall, GFS founder, expressed greeted Twenty-First Century Fox Inc. for its support and recognizing the need to expand the curriculum to the west coast.
Yesterday, Twenty-First Century Fox Inc.’s stock closed at $34.28, losing 1.78% from its previous close.
This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.