By Lindsey Bahr, AP Film Writer
Filmmaker Tyler Perry and the Motion Picture and Television Fund are being honored with the Jean Hersholt Humanitarian Award, the Academy of Motion Picture Arts and Sciences said Thursday.
The group that puts on the Oscars decided to give the award to two recipients this year in recognition of the "widespread generosity" that they've witnessed amid the pandemic. It's also the first time an organization has received the award.
Both Perry and the MPTF have strived to help people in the entertainment industry impacted by the health crisis. Perry helped create a safe way for many to return to work at his Tyler Perry Studios while the MPTF has provided social services to nearly 9,000 members.
"Tyler's cultural influence extends far beyond his work as a filmmaker," said academy president David Rubin in a statement. "He has quietly and steadily focused on humanitarian and social justice causes from the beginning of his career, caring for people who are most often ignored."
Rubin added that, "the work of the MPTF is more vital than ever, and the organization has gone above and beyond to help our community."
There have been 39 Jean Hersholt Humanitarian Awards given since 1957, with recipients including Bob Hope, Oprah Winfrey and, most recently, Geena Davis. Perry and the MPTF will receive their Oscar statuettes at the 93rd Academy Awards on April 25.
For over 10 years, the award has been presented at the untelevised Governors Awards, but this year because of the pandemic it is shifting back to the main ceremony.
Ubisoft shares jump following reports of Tencent, Guillemot family considering buyout
Shares of Ubisoft jumped more than 30% Friday, following reports that Tencent and the Guillemot family are considering a buyout of the video game maker.
Bloomberg news reported that Tencent and Guillemot family โ minority stakeholders in Ubisoft โ have been discussing ways to stabilize the company after it lost more than half its market value this year. Shares surged 33.5% to about $15.57 Friday, according to FactSet.
Ubisoft declined to comment. Tencent did not immediately respond to a request for comment.
France-based Ubisoft is the publisher behind the well-known franchise "Assassin's Creed." Ubisoft's shares fell last month to their lowest point in more than a decade after its latest title "Star Wars Outlaws" underperformed and the company announced that it would delay the latest "Assassin's Creed" game.
Yves Guillemot, Ubisoft's CEO, said in a statement last week that the company's "second quarter performance fell short of our expectations."
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