The Television Academy has received a major gift from philanthropists Cheryl and Haim Saban and The Saban Family Foundation, and in recognition, the new building on its expanded campus will be named the Saban Media Center.
“We are deeply appreciative of this extremely generous gift from the Saban Family Foundation,” said Television Academy Chairman and CEO Bruce Rosenblum. “Cheryl and Haim are clearly dedicated to educational and cultural philanthropy which is the focus of our new Saban Media Center. It’s a place to house and support our Academy Foundation, celebrate creative excellence, and host industry game-changers and leaders in related fields for the exchange of ideas and the introduction of new technologies, concepts and business models.”
The 30,000 square foot Saban Media Center will be a state-of-the-art home for the TV Academy and its foundation, enhancing the organization’s ability to support and educate its 20,000 above and below-the-line members. The facility will also include a technology center and pocket studio where Academy Foundation interns and other young professionals can hone their skills.
The Academy is currently more than halfway towards its $40 million fundraising goal for the redesign of its campus, which also includes a $10 million endowment for its Foundation.
Haim Saban, founder of Saban Entertainment and Fox Family Worldwide, and currently the Chairman and Chief Executive Officer of Saban Capital Group and Chairman of the Board of Univision Communications Inc., said, “Television is constantly evolving and Cheryl and I are honored to play a meaningful role in that evolution in partnership with the Academy. We share the Academy’s passion for encouraging and providing thought leadership through education, collaboration, and the spirit of community. We’re also excited to help the Academy’s Foundation thrive and expand its work and educational outreach.”