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A man wearing a mask skates in front of the Staples Center in downtown Los Angeles, Calif., on May 9, 2020. (Apu Gomes/AFP via Getty Images) The downtown Los Angeles Staples Center is getting a new name, stakeholders announced late Tuesday.
The venue, which opened in 1999, will be called Crypto.com Arena for the next 20 years following a deal between the Singapore cryptocurrency exchange and Staples Center owner Anschutz Entertainment Group (AEG).
“Recognizing these technologies will be at the forefront of powering the future of culture, creativity, and entertainment in Los Angeles,”the Staples Center and AEG said in a joint statement.
The new name as well as the new logo and other branding will be unveiled on Christmas Day when the Los Angeles Lakers host the Brooklyn Nets, according to the statement. All of the center’s external signage will be replaced by June 2022.
The new deal includes official designations across Crypto.com Arena, L.A. LIVE, Microsoft Theater, The Novo, the Los Angeles Lakers, and the LA Kings, which will strategically place the digital currency exchange “at the forefront of the global sports and live-entertainment industry for the next 20 years.”
While the statement did not say how much Crypto.com, which was founded in 2016, had paid for the deal, Bloomberg reported that it is worth more than $700 million over the span of 20 years.
“This partnership represents the fastest-growing cryptocurrency platform and the biggest sports and live entertainment company in the world converging to drive the future of sports and live entertainment as well as the incredible legacy of this arena for decades to come,” said Todd Goldstein, chief revenue officer of AEG. “It marks an exciting new chapter in the history of our company and our respective industries, and we couldn’t be more thrilled to have such a visionary partner like Crypto.com supporting our global fan base and local community.”
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Crypto.com Co-founder and CEO Kris Marszalek said the company is “very excited” to be partnering with AEG and investing in the city of Los Angeles “long-term,” starting with the newly-named Crypto.com Arena and “using our platform in new and creative ways so that […]
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Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker