$50 mil goal for ATAS Institute

Telecommunications facility to house historical material

The Academy of Television Arts & Sciences Foundation has launched a $50 million fundraising campaign to establish an Institute of Telecommunications.

The goal is to build a facility behind ATAS’ North Hollywood headquarters that would house the Archive of American Television oral history collection and other educational and historical materials. The push to establish an institute dedicated to the preservation and study of telecommunications was unveiled Friday by ATAS foundation prexy Thomas Sarnoff.

Leo Chaloukian, former ATAS prexy and currently a veepee with Soundelux Entertainment Group, has been tapped as chairman of the capital campaign building committee for the institute.

“We want the Academy to be the primary focal point for future telecommunications research and ideas,” said Chaloukian.

Of the $50 million target of the fundraising campaign, $25 million would be spent on construction and equipment for the institute. Another $15 million would go to an endowment fund for educational programs, and the remaining $10 million would be set aside for the Archive of American Television project.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety