Tony Bennett will receive the Library of Congress Gershwin Prize for Popular Song, Librarian of Congress Carla Hayden announced today. The Prize honors a living musician’s "lifetime achievement in promoting the genre of song as a vehicle of cultural understanding; entertaining and informing audiences; and inspiring new generations."The ceremony will be held in Washington, D.C., in November. Previous recipients include Paul Simon, Stevie Wonder, Sir Paul McCartney, Burt Bacharach and the late Hal David, Carole King, Billy Joel, Willie Nelson, and Smokey...
Pozil is not the chairman or CEO of East West Bank. Those titles belong to refined Hong Kong-born American, Dominic Ng, who has grown the Pasadena-based financier into a full-service bank with specializations in niche, high-growth areas.
Rather, Pozil is the executive who has done most to make East West the go-to financier in one of those niches, the intersection of Hollywood and China’s mutual outreach. Prior to joining East West in 2011, Pozil had spent over 11 years specializing in film lending at the Los Angeles branch of French bank giant Natixis. While Chinese film finance long remained low-budget and traditional, it has grown quickly in scale and sophistication as the industry expanded, budgets increased and co-productions became more sought after.
At East West, Pozil has successfully re-tailored western banking products and deal structures making them acceptable to Chinese clients. That brought finance packages for John Woo’s “The Crossing,” and Jackie Chan-starring “Skiptrace.” And as the Chinese companies have turned acquirers and financiers within Hollywood, Pozil has been there to oil the process.
East West was the lead on Hunan TV’s three-year deal to finance a slate of Lionsgate film and TV projects; the sole financier of Huayi Brothers’ co-production and distribution deal with STX Entertainment and it provided credit for Bona Film Group’s $235 million financing of films distributed by 20th Century Fox. And it provided finance to Le Vision Pictures for its stake in recently released “The Great Wall.” Directed by Zhang Yimou on a budget of $150 million, the film is the biggest full co-production between China and the U.S. to date.