After receiving a large donation from a philanthropic family, the Television Academy has picked a name for its new building.
Variety reports that the new building on the academy’s Los Angeles campus will be called the Saban Media Center. The news comes after the academy received a large gift from philanthropists Cheryl and Haim Saban and the Saban Family Foundation.
Television Academy Chairman and CEO Bruce Rosenblum declined to specify the amount of the Sabans’ donation, but it comes during a $40 million fundraising campaign by the academy. The academy is reportedly now more than halfway to its goal.
“The 30,000-square-foot Saban Media Center, which is scheduled to open in April 2016, 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,” Variety reports. “The Saban Media Center will also include a technology center and pocket studio where Academy Foundation interns and other young professionals can hone their skills.”
Rosenblum told the publication: “Haim and Cheryl’s generosity really gave us the linchpin gift to be able to build this media center.”