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Business Culture News Now!

MetLife Investment Management completes acquisition of Raven Capital Management

WHIPPANY, N.J. — (BUSINESS WIRE) — MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), announced that it has completed its acquisition of alternative investment firm Raven Capital Management. Announced in February 2023, the transaction adds approximately $2.1 billion to MIM’s total assets under management.

 

“We’re pleased to announce the completion of our acquisition of Raven, which complements our already strong private credit platform and deepens our origination capabilities,” said Steven J. Goulart, president of MIM and executive vice president and chief investment officer for MetLife. “Together, we’re looking forward to offering a broader set of credit strategies and investment capabilities to our clients.”

 

Raven is primarily focused on direct asset-based investments, including senior secured loans as well as the outright purchase of cash-flowing assets. The team invests across the private credit spectrum, with a specialization in primary origination, underwriting, execution and management of middle market direct asset-based investments.

 

About MetLife Investment Management

MetLife Investment Management, the institutional asset management business of MetLife, Inc. (NYSE: MET), is a global public fixed income, private capital and real estate investment manager providing tailored investment solutions to institutional investors worldwide. MetLife Investment Management provides public and private pension plans, insurance companies, endowments, funds and other institutional clients with a range of bespoke investment and financing solutions that seek to meet a range of long-term investment objectives and risk-adjusted returns over time. MetLife Investment Management has over 150 years of investment experience and, as of December 31, 2022, had $579.8 billion in total assets under management.

 

About MetLife

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates “(MetLife),” is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.

 

Forward-Looking Statements

The forward-looking statements in this news release, using words such as “looking forward” and “seek,” are based on assumptions and expectations that involve risks and uncertainties, including the “Risk Factors” MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife’s future results could differ, and it does not undertake any obligation to publicly correct or update any of these statements.

Contacts

For Media:
Dave Franecki

+1-973-264-7465

dave.franecki@metlife.com

Shree Dhond

(646) 722-6531

mim@dlpr.com

Categories
Business Science

Iveric Bio to present at the Cowen 43rd Annual Health Care Conference

PARSIPPANY, N.J. — (BUSINESS WIRE) — IVERIC bio, Inc. (Nasdaq: ISEE) announced today that Glenn P. Sblendorio, Chief Executive Officer, and Pravin U. Dugel, M.D., President, will participate in a fireside chat at the Cowen 43rd Annual Health Care Conference on Tuesday, March 7, 2023, at 2:50 p.m. Eastern Time.

 

Investors and the general public are invited to access the live webcast of the fireside chat on the Investor / Events & Presentations section of the Iveric Bio website at www.ivericbio.com. An archived replay of the on-demand presentation will be available on the Company’s website immediately following the conference and for at least 30 days thereafter.

 

Iveric Bio

Iveric Bio is a science-driven biopharmaceutical company focused on the discovery and development of novel treatments for retinal diseases with significant unmet medical needs. The Company is committed to having a positive impact on patients’ lives by delivering high-quality, safe and effective treatments designed to address debilitating retinal diseases including earlier stages of age-related macular degeneration. For more information on the Company, please visit www.ivericbio.com.

 

Forward-looking Statements

Any statements in this press release or made during the presentation referenced herein about Iveric Bio’s future expectations, plans and prospects constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including those described in the “Risk Factors” section of public filings made by Iveric Bio with the U.S. Securities and Exchange Commission. Any forward-looking statements represent Iveric Bio’s views only as of the date of this press release or the presentation, as applicable. Iveric Bio anticipates that subsequent events and developments may cause its views to change. While Iveric Bio may elect to update these forward-looking statements at some point in the future, Iveric Bio specifically disclaims any obligation to do so unless required by law.

ISEE-G

Contacts

Investor:
Iveric Bio

Kathy Galante

Senior Vice President, Investor Relations

kathy.galante@ivericbio.com

Media:
Jeannie Neufeld

Senior Director, Public Relations and Communications

Jeannie.neufeld@ivericbio.com

Categories
Business International & World Lifestyle

Prudential, Vitality Global expand partnership in Latin America

Building on success in Argentina and Brazil, Prudential Financial and Vitality Global are making holistic wellness achievable for more Latin Americans.


NEWARK, N.J. — (BUSINESS WIRE) — Prudential Financial, Inc. (NYSE: PRU) and Vitality Global, a leading health and well-being company offering smart InsurTech with the goal to build a healthier world, have entered a 10-year, expanded partnership. Under this agreement, Prudential will leverage Vitality’s model to promote healthier lifestyles to complement its Total Wellness offering throughout Latin America.

 

This new agreement expands on the successful partnership the two firms launched in 2020 to offer health and wellness services in Brazil and Argentina through the Vitality program. This collaboration supports Prudential’s broader strategy of expanding access to a suite of physical, mental and financial wellness solutions across emerging markets in Latin America and beyond.

 

“Based on the outstanding results of our joint offering in Brazil and Argentina and aligned with our mission to democratize access to Wellness, I am proud that our expanded partnership with Vitality will allow Prudential to help more people to live longer and better lives,” said Federico Spagnoli, vice president, International Wellness Solutions at Prudential International Insurance. “This collaboration will enable our growth in emerging markets by delivering the differentiated products customers need and want.”

 

Prudential’s Total Wellness offering allows insurers and employers to provide customers and employees tools and resources to promote their physical, mental and financial health, leading to better productivity and performance.

 

Using a smartphone and/or fitness tracker, participants can easily access a diverse range of activities and track their progress. By meeting their weekly activity goals, members can earn rewards that are redeemable for a variety of goods and services, such as movie tickets, coffee, and other merchandise. Additionally, there is a monthly reward program where participants can earn a free wearable device if they meet their monthly activity goals. For insurance customers, an annual discount on insurance premiums is available based on their Vitality status. This powerful wellness ecosystem offers an easy and effective way to encourage healthy behaviors and promote a more active lifestyle.

 

“Together with Prudential, the opportunity we have to impact a continent’s health is hugely exciting for us,” said Barry Swartzberg, CEO of Vitality Global. “Our expansion across Latin America will enable us to enhance the lives of tens of millions of people in the coming years. A common trend across the region is a strong demand for digital care and wellness solutions — which we will help provide.”

 

ABOUT PRUDENTIAL

Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2022, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better by creating financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise, and innovation for nearly 150 years. For more information, please visit news.prudential.com.

 

ABOUT VITALITY GLOBAL

Vitality Global is a leading health and well-being company offering smart InsurTech with the goal to build a healthier world. Vitality Global is responsible for Discovery’s expansion of Shared-Value Insurance beyond South Africa and the United Kingdom. Through partnerships with forward-thinking insurers and employers, Vitality Global unlocks shared-value insurance — with a growing membership base of 30 million people across 40 markets. Visit vitalityglobal.com.

 

CONNECT WITH US:

Visit prudential.com
Follow @PrudentialNews
Follow on LinkedIn

Contacts

MEDIA
For Prudential
Mei-Tai Yee
+1 973-715-2953
mei-tai.yee@prudential.com

For Vitality Global
Felicity Hudson
+27 71 680 0234
felicityh@discovery.co.za

Categories
Business Lifestyle

AM Best revises outlooks to negative for Mutual of America Life Insurance Company

OLDWICK, N.J. — (BUSINESS WIRE) — #insurance — AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Mutual of America Life Insurance Company (MofA) (New York, NY).

 

These Credit Ratings (ratings) reflect MofA’s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, favorable business profile and appropriate enterprise risk management.

 

The negative outlooks reflect AM Best’s concern over the company’s business profile and the overall shift in its potential product offerings, as well as the build out of its infrastructure, along with the continued pressure on the company’s operating performance metrics. Furthermore, there has been some weakness in MofA’s balance sheet strength, driven by market volatility and declines in risk-adjusted capitalization with continued increased losses. AM Best’s expectation is that MofA will continue to execute on the necessary steps to curb volatility, and improve its overall operating performance and strategic business profile in the near future. MofA’s business profile has experienced some additional weakness as well, but not enough deterioration to drive any further changes to the rating at this time.

 

The company’s risk-adjusted capitalization is projected to remain at the very strong level, as measured by Best’s Capital Adequacy Ratio (BCAR). The company’s investment portfolio has begun shifting toward privately managed investments. The company’s net income has declined significantly in recent years, mainly due to general account margin compression, and continued significantly higher operating expenses from settlement accounting, including additional costs related to business transformation initiatives, which is being addressed by the company. MofA’s profitability remains below the industry average, despite it not having a tax liability.

 

The company has a competitive position in its target market of providing pension products to nonprofit organizations and small for-profit businesses, although almost all of its general account reserves are interest-sensitive, and more than half of the total assets are separate account assets. MofA is continuing to invest heavily in technology to enhance its infrastructure, sales efforts and margins as it still expects to gain market share in the near future. AM Best will continue to closely monitor the company’s results, as it continues to execute on its business strategy going forward.

 

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

 

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

 

Copyright © 2023 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Igor Bass
Senior Financial Analyst
+1 908 439 2200, ext. 5109
igor.bass@ambest.com

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Michael Porcelli
Senior Director
+1 908 439 2200, ext. 5548
michael.porcelli@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 439 2200, ext. 5098
al.slavin@ambest.com

Categories
Regulations & Security Special/Sponsored Content

Bronstein, Gewirtz & Grossman, LLC notifies Unity Software Inc. (U) investors of investigation

NEW YORK — (BUSINESS WIRE) — $U #classaction — Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of investors of Unity Software Inc. “(Unity” or “the Company)” (NYSE: U). Unity investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/u.

 

The investigation concerns whether Unity violated federal securities laws.

 

On Feb. 22, 2023, Unity reported its financial and operating results for the fourth quarter and full year 2022, as well as revenue outlook for 2023. For the fourth quarter of 2022, Unity reported a loss of $0.82 per share on a GAAP basis and a 51% increase in operating expenses. Unity also reported first-quarter and full-year revenue guidance that fell significantly short of expectations. On this news, the Company’s stock price fell $6.00 per share, or 15.85%, to close at $31.85 per share on Feb. 23, 2023.

 

If you are aware of any facts relating to this investigation or purchased Unity shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/u. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

 

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Yael Nathanson

212-697-6484 | info@bgandg.com

Categories
Business

AM Best affirms Credit Ratings of Park Assurance Company

OLDWICK, N.J. — (BUSINESS WIRE) — #insurance — AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Park Assurance Company (Park) (Colchester, VT). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect Park’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.

 

Park’s strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), reflects its conservative loss reserving practices and favorable development trends, along with its conservative investment portfolio and strong liquidity measures. Park is well-capitalized through retained earnings, as the captive has reported consistently favorable pure loss ratios in combination with its low-cost underwriting expense structure to produce favorable operating earnings year after year, which have outperformed the commercial property composite by a wide margin. The ratings further reflect Park’s sophisticated risk management strategy and practices, experienced management team and its integral role as a single-parent captive of JPMorgan Chase Holdings LLC, which is a subsidiary of JPMorgan Chase & Co. (JPMorgan Chase) [NYSE: JPM], a leading global financial services group; however, Park’s business profile is considered limited due to its product concentration risk, offering limited lines of coverage on a net basis.

 

Partially offsetting these factors are the potential credit risk associated with Park’s extensive use of reinsurance, which management utilizes to mitigate its exposure to oversized losses on substantially valued insured locations, as well as its reliance on the protection afforded by the Terrorism Risk Insurance Program Reauthorization Act. Park provides JPMorgan Chase with global property coverages, including terrorism, cyber and bankers blanket bond. These coverages are key components of JPMorgan Chase’s risk management strategy, and Park benefits from the explicit support of the group’s significant financial resources and extensive professional resources.

 

AM Best remains the leading rating agency of alternative risk transfer entities, with more than 200 such vehicles rated in the United States and throughout the world. For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive.

 

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

 

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

 

Copyright © 2023 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Fred Eslami

Associate Director

+1 908 439 2200, ext. 5406

fred.eslami@ambest.com

Dan Teclaw

Director

+1 908 439 2200, ext. 5394

dan.teclaw@ambest.com

Christopher Sharkey

Manager, Public Relations

+1 908 439 2200, ext. 5159

christopher.sharkey@ambest.com

Al Slavin

Senior Public Relations Specialist

+1 908 439 2200, ext. 5098

al.slavin@ambest.com

Categories
Digital - AI & Apps Education Lifestyle Technology

Bowker announces partnership with Bookshop.org to promote Book2Look view-inside widget

Publishers invited to submit titles for inclusion in pilot program

CHATHAM, N.J. — (BUSINESS WIRE) — As noted in recent press coverage, Bowker and Bookshop.org have launched a joint pilot program to make the Book2Look view-inside widget available to publishers free of charge.

 

As the exclusive Book2Look distributor for the United States, we are pleased and excited to invite publishers to participate in the program,” said Bowker General Manager Beat Barblan.

 

We encourage publishers to act now and take advantage of this unique limited-time opportunity.”

 

Bookshop.org, an online shopping platform that supports independent booksellers, is adopting the Book2Look view-inside widget (aka “Biblet,”) for all of its titles. Biblets will give Bookshop.org customers the option of previewing a few pages of a book while browsing, increasing the likelihood of purchase. Market research (Nielsen) shows that the option to look inside a book before purchase is among the top deciding factors after author, topic/genre, and price.

 

As stated by Andy Hunter, Bookshop.org CEO, “Bookshop.org is pleased to offer our customers an opportunity to browse books before buying them, using Book2Look’s elegant, embeddable preview technology.”

 

With Book2Look, publishers can share book excerpts, videos, audio clips, and reviews, enabling readers to more fully experience the book before purchase. An analytics component provides a dashboard for tracking Biblet performance including such key metrics as page views, click-throughs, and time spent in Biblets.

 

Designed to improve book discovery and sales, the Book2Look view-inside widget is a dynamic and effective way to present books to potential customers online. According to Book2Look managing director Ralph Möllers, a well-known digital publishing figure in the book industry, more than 4,000 publishers and self-publishers are currently using the technology.

 

To have their titles featured on Bookshop.org, publishers need only provide book content, cover image, and title data (the Biblet will only use whatever the publisher decides to give readers to preview). Publishers can request a free publisher account from Bowker by clicking here: http://bit.ly/3YJLY7t.

 

ABOUT BOWKER

Bowker provides products and services that make books easier to discover, evaluate, and experience – connecting publishers, authors, and booksellers with readers. From essential identifiers like ISBNs and barcodes…to editing and copyright protection assistance…to marketing and publicity tools, Bowker offers a wide range of resources to help authors publish and promote their titles.

 

ABOUT BOOKSHOP.ORG

Bookshop.org works to connect readers with independent booksellers all over the world. With a commitment to helping independent bookstores thrive, the Bookshop.org platform provides tools to help them compete online, and financial support to help them maintain their presence in local communities. Every purchase on the site financially supports independent bookstores.

 

ABOUT BOOK2LOOK

Ralph Möllers founded Book2Look as a digital book marketing platform to promote titles for his publishing company. He later partnered with Hitesh Jain, the owner of WITS Interactive, to develop Book2Look into a marketing tool that other publishers could use to promote their own titles.

Contacts

Andrew Kovacs

akovacs@bowker.com

Categories
Business

AM Best assigns Credit Ratings to LIO Specialty Insurance Company; affirms Credit Ratings of LIO Insurance Company

OLDWICK, N.J. — (BUSINESS WIRE) — AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to LIO Specialty Insurance Company (LSIC). The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of LIO Insurance Company (LIC). The outlook of these ratings is stable. The companies are domiciled in Phoenix, AZ, and are collectively known as LIO Insurance Group.

The ratings reflect LIO Insurance Group’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The stable outlooks reflect AM Best’s expectation that the group will maintain its very strong overall balance sheet strength assessment, supported by risk-adjusted capitalization at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR). The group is expected to maintain capital levels that support future growth. LIO Insurance Group’s balance sheet further recognizes its conservative investment risk, modest underwriting leverage and prudent reinsurance protection. LIO Insurance Group’s adequate performance assessment reflects the startup nature of the group as underwriting measures are expected to improve in the near term as the group builds scale. The group remains focused on offering a combination of commercial multiperil property and liability coverage, along with other lines of business such as group accident and health.

 

LIO Insurance Group is owned by LIO Holdings Company, which contributed cash in 2021 and 2022 to support the group’s growth initiatives. LSIC was formed in July 2022, and recently executed a quota share reinsurance agreement with LIC, the parent. The owners of LIO Holdings Company come with extensive knowledge of the insurance industry, as do senior management, and provide access to strategic distribution channels that LIO intends to leverage. LIO Insurance Group is dependent on leveraging its partnerships to solidify the distribution of its products. Management will employ proven underwriting, ERM and claim actions, as well as utilize advanced technologies to enrich the quoting process. The current and anticipated reinsurance programs keep the expected net probable maximum loss to a modest amount of surplus.

 

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

 

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

 

Copyright © 2023 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Quentin Harris
Senior Financial Analyst
+1 908 439 2200, ext. 5821
quentin.harris@ambest.com

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Christopher Draghi
Associate Director
+ 1 908 439 2200, ext. 5043
chris.draghi@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 439 2200, ext. 5098
al.slavin@ambest.com

Categories
Art & Life Business Culture Digital - AI & Apps International & World Lifestyle Regulations & Security

Humanity Communications Collective receives international recognition for Human & Civil Rights work

CHARLOTTE, N.C. — (BUSINESS WIRE) — Affirming its commitment to amplifying social justice issues through strategic and creative communications, Humanity Communications Collective recently announced it was selected as a 2023 Anthem Awards winner.


HCC was awarded a Bronze award in the Human & Civil Rights category for their work with the Bring Sundiata Acoli Home Alliance in 2022. HCC led a comprehensive communications approach to bring Black Panther Sundiata Acoli home last year. Acoli, 85, had been incarcerated since 1973 and was repeatedly denied parole for more than 24 years, violating New Jersey law. HCC strategically and methodically told the story of his humanity and key tenets of the law and created a compelling and nuanced narrative around the law’s intent, justice and civil rights.

 

Over the 9-month project, HCC:

  • Generated 1,268 social media posts with 1.9 million impressions, with a 544% engagement increase across social platforms.
  • Secured 763 media articles reaching an audience of 11.4 million.
  • Increased website visits by 400%.
  • Increased email subscription rates by 52% and open rates to 44%.
  • Drove the online petition calling for Sundiata’s release to more than 20,000 signatures.

 

In May 2022, Sundiata Acoli was granted parole and released after nearly 50 years of incarceration.

 

“While the true honor of this work was the rightful and just release of Sundiata Acoli, we are overjoyed by this international recognition and the esteemed group HCC joins,” said HCC CEO Yanira Castro. “Our goal was to galvanize support for Sundiata and encourage the state to faithfully discharge the law – even when it may not be popular. This is what social justice is all about; holding an unwavering commitment to speaking out and demanding equity for all, without exception. We all must move together to free the rest of our political prisoners. Now.”

 

In a video associated with the award announcement, Castro and the project’s team urged the release of political prisoners, further signifying HCC’s commitment to issue amplification.

 

The Anthem Awards was launched in response to the prevalence that social good has taken within the national conversation and cultural zeitgeist in recent years. The 2nd Annual competition received nearly 2,000 entries from 43 countries worldwide. By amplifying the voices that spark global change, the Anthem Awards are defining a new benchmark for impactful work that inspires others to take action in their communities. A portion of program revenue will fund a new grant program supporting emerging individuals and organizations working to advance the causes recognized.

 

Winners are selected by the International Academy of Digital Arts and Sciences, with members that include: Nicholas Thompson, CEO, The Atlantic, Christina Swarns, Executive Director, Innocence Project, Zarna Surti, Global Creative Director, Nike Purpose, Maurice Mitchell, National Director, Working Families Party, Lindsay Stein, Chief Purpose Office, Tombras, Jennifer Lotito, President & Chief Operating Officer, (RED), Lisa Sherman, President & CEO, The Ad Council, Emily Barfoot, Global Brand Director Dove, Unilever, Trovon Williams, Senior Vice President of Marketing and Communications, NAACP, Roma McCaig, Senior VP of Impact, Clif Bar, Michelle Egan, Chief Strategy Officer, NRDC, Dinah-Kareen Jean, Senior Manager, Social Innovation, Etsy, Sarah Kate Ellis, President & CEO, GLAAD, Jad Finck, Vice President of Innovation & Sustainability, Allbirds, Christopher Miller, Head of Global Activism Strategy, Ben & Jerry’s, Shayla Tait, Director of Philanthropy, The Oprah Winfrey Charitable Foundation.

 

“Since launching this platform in June of 2021, we have seen that social change has emerged as a dominant force in mainstream culture,” said Anthem Awards Managing Director Jessica Lauretti. “The sheer number, breadth and overall quality of the entries shared with us in the 2nd Annual Awards is a testament to the strength of this growing movement and demonstrates an enduring commitment to the work that is both humbling and inspiring to see. From the war in Ukraine to protests in Iran and the ongoing battle for equality here at home in the States, the call for change not only perseveres but is a growing global chorus.”

 

Launched in 2021 by The Webby Awards, the Anthem Awards honors the purpose & mission-driven work of people, companies and organizations worldwide. The Anthem Awards honors work across seven core causes: Diversity, Equity & Inclusion; Education; Art & Culture; Health; Human & Civil Rights; Humanitarian Action & Services; Responsible Technology; and Sustainability, Environment & Climate. Founded in partnership with the Ad Council, Born This Way Foundation, Feeding America, GLAAD, Mozilla, NAACP, NRDC, WWF, and XQ.

 

Hailed as the “Internet’s highest honor” by The New York Times, The Webby Awards is the leading international awards organization honoring excellence on the Internet, including Websites; Video; Advertising, Media & PR; Apps, Mobile, and Voice; Social; Podcasts; and Games. Established in 1996, The Webby Awards received more than 13,500 entries from all 50 states and 70 countries worldwide this year. The Webby Awards are presented by the International Academy of Digital Arts and Sciences (IADAS). Sponsors and Partners of The Webby Awards include Verizon, WP Engine, YouGov, Brandlive, Canva, NAACP, KPMG, Fast Company, Wall Street Journal, MediaPost, Podcast Movement, and AIGA.

 

Humanity Communications Collective is a luxury, justice-driven, strategic communications agency focused on making human and emotional connections. We provide communications strategy, content creation, branding, media relations, social media services, and event activations for non-profits and social impact organizations. We live at the intersection of communications, digital, social impact, and cultural competency. HCC is owned by an Afro-Latina with a team of strategic communications experts in three different countries.

 

Contacts

Heather Hansen

Humanity Communications Collective

Heather@humanitycom.com
410-991-4444

Categories
Business Culture Lifestyle

CommentSold drives home decor live selling success with MJ Home

Success underscores growth in the U.S. live selling market beyond the fashion category, powered by innovative technology platforms like CommentSold

 

LOS ANGELES — (BUSINESS WIRE) — CommentSold, the leading commercial live selling platform in the U.S. with $3.5B+ in lifetime GMV, announced a significant milestone by MJ Home, a home decor small business that embraced live selling with CommentSold in 2018. MJ Home recently crossed $10M in lifetime live selling GMV, highlighting the potential that live selling has to drive sales growth across all product categories.


MJ Home differentiates itself from other home decor retailers by focusing on adding a personalized touch to its products. Kirstie Dooley, owner of MJ Home, hand pours her candles and offers monthly subscription boxes to drive customer loyalty and engagement. Live selling events have provided Kirstie a channel to connect with her shoppers, increase engagement and drive repeat purchases.

 

“CommentSold has helped my business reach more people, making shopping a much more personal experience and growing my sales tremendously.” said Kirstie Dooley, owner of MJ Home.

 

“Most people associate live selling with Fast Fashion only. The success of home decor retailers like MJ Home highlights that retailers across product categories who pivot to live video selling can build more meaningful relationships and personal connections with customers. MJ Home has been able to stand out from the crowd and convince consumers that their products are worth buying,” said Josephine Wong, Head of Marketing & Operations at CommentSold.

 

Research shows at least 47% of consumers want more live video content from the brands they support, and 67% of live stream event viewers become repeat purchasers. It’s clear that live selling is gaining momentum with small businesses like MJ Home leading the way. CommentSold is constantly innovating to provide retailers across the U.S. with the latest technology, support, and proven live selling strategies to grow and scale their presence.

 

About MJ Home

MJ Home is a home decor retailer based in New Jersey. Founded in 2016, MJ Home has expanded its assortment across all home decor categories, including MJHome brand created by owner, Kirstie Dooley.

 

For more information, please visit mamasjunkco.com.

 

​​About CommentSold

CommentSold is the North American leader in live selling technology (ranked by G2), enabling over 7,000 small to mid-sized retailers with live-selling tools, generating 147M+ items sold with $3.5B+ in lifetime GMV. CommentSold’s technology continues to provide small businesses and mid-sized brands and retailers with best-in-class solutions for delivering engaging live video commerce experiences. Recent innovations from the company include their lightweight video commerce plugin technology, Videeo, which gives any retailer or brand the ability to embed and go live with engaging, branded live video commerce experiences within days by easily integrating into their existing e-commerce stack.

 

For more information, please visit CommentSold.com or Videeo.live.

Contacts

Media

Erin Christopher

SourceCode Communications for CommentSold

commentsold@sourcecodecomms.com