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Welcome to The Detroit Newsletter!

In today’s edition:

• Detroit Lions Offensive Line Ranked No. 1 in NFL

• AI art of the week

• A deep-dive into the life of Robert Hayden

• And more…

Quote of the Week

“Success is liking yourself, liking what you do, and liking how you do it.”

— Maya Angelou

Sponsored

Yes, this platform’s 77% return is an outlier – but the rest may surprise you

The news is true: Masterworks’ 15th sale just weeks ago returned an impressive 77% to investors. While such a high return is an outlier for the blue-chip art investing platform, you might be wondering what their prior sales delivered. Glad you asked… 

Every one of their sales has returned a profit to investors, with 12 of them delivering double-digit returns, and 1 delivering triple-digit annualized returns. 

In full, Masterworks has over 300 paintings and their 16 exits have delivered: 32%, 39.3%, 36.2%, 27.3%, 9.2%, 33.1%, 21.5%, 17.8%, 13.9%, 35%, 10.4%, 325.5%, 4.1%, 17.6%, 77.3%, and 13.4% net annualized returns. 

Every sale but one outperformed the stock market in the period from when it was offered to when it was sold. 

With performance like that, offerings on the platform can sell out in minutes. However, Local News Newsletter readers can skip the waitlist to join with this exclusive link.

Trivia

Here is your trivia question of the week. The answer will be shown in next week’s newsletter. Which do you think it is? No cheating!

Which Detroit district is known for its vibrant street art, boutique shops, and an annual festival celebrating the community's diverse culture?

A) Eastern Market

B) Midtown

C) Corktown

D) Mexicantown

Answer to Last Week's Trivia: The iconic structure known for its Art Deco design and as the former headquarters of GM is A) Fisher Building.

News

💼 Business

Michigan Medicine CEO to retire after a decade in the role. (link)

Ex-Detroit Metro Airport airline caterer inches closer to possible strike. (link)

🏒 Sports

Sports analyst, former Detroit Tiger Craig Monroe accused of sex abuse in Florida. (link)

Detroit Lions Offensive Line Ranked No. 1 in NFL. (link)

🏦 Finance

Fundraising campaign by Bill and Lisa Ford for youth nonprofits exceeds goal. (link)

Upcoming Events

Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.

Sports

🐯 Detroit Tigers vs. Cleveland Guardians
Comerica Park Detroit, MI
Thursday July 11 | 1:10 PM | (more info)

⚾ Detroit Tigers vs. Los Angeles Dodgers
Comerica Park Detroit, MI
Saturday July 13 |1:10 PM | (more info)

Music & Concerts

🎤 Fantasia
The Aretha Franklin Amphitheatre Detroit, MI
Friday July 12 | 8:00 PM | (more info)

🎸 It's Time: Girls Night Out
Fisher Theatre - Detroit Detroit, MI, MI
Saturday July 13 | 7:00 PM | (more info)

Family

🎪 Family Fun Festival
Immaculate Conception Church 9764 Dixie Highway Ira Township, MI
Saturday, July 13 | 11am EDT | (more info)

Image of the Week

Every week, I have a habit of making some AI art about our city.

This week, I typed in “Metropolis of Detroit with a massive central AI-controlled hub.” and this is what I got.

Let me know what ideas you have for this. I really enjoy making these types of photos.

Detroit Historical Events

1976 - The Detroit People Mover project is approved.

In 1976, the city of Detroit embarked on an ambitious urban transportation project with the approval of the Detroit People Mover. This innovative project aimed to address the city's growing transportation needs and revitalize its urban landscape. The Detroit People Mover, a fully automated light rail system, was designed to provide convenient and efficient transportation for residents and visitors, connecting key destinations within the downtown area. With its approval, the project signaled a significant step forward in Detroit's efforts to modernize its public transportation infrastructure and enhance the accessibility of the city's core.

The approval of the Detroit People Mover project in 1976 marked a pivotal moment in Detroit's urban development, as the city sought to adapt to the changing needs of its residents and businesses. The project's approval reflected a commitment to sustainable and forward-thinking urban planning, aiming to reduce traffic congestion and promote a more interconnected downtown area. As a result, the Detroit People Mover became a symbol of progress and innovation, representing the city's dedication to embracing modern transportation solutions.

The approval of the Detroit People Mover project in 1976 set the stage for a new era of urban mobility in Detroit. As construction began and plans took shape, the project garnered widespread attention and anticipation, signaling a promising future for the city's transportation infrastructure. The Detroit People Mover project's approval was a testament to Detroit's resilience and determination to adapt to the evolving needs of its residents, positioning the city as a leader in urban transportation innovation.

Famous People From Detroit

Jerry Bruckheimer (1943–): Film and television producer, known for his work in action and drama genres.

Jerry Bruckheimer, born Jerome Leon Bruckheimer to German Jewish immigrant parents in 1943 in Detroit, Michigan, is a prominent Jewish American film and television producer. His career has been marked by numerous successful productions in the action and drama genres, making him one of the most influential producers in the industry.

Early Life and Education (1943-1965)

Jerry Bruckheimer was born on September 21, 1943, in Detroit, Michigan, to German Jewish immigrant parents. He attended Mumford High School in Detroit before moving to Arizona for college at the age of 17. It was during his formative years in Detroit that Bruckheimer developed a love for film and photography, which would later shape his career in the entertainment industry.

Rise to Prominence in Film Production (1970s-1980s)

Bruckheimer began his career in film production in the 1970s after leaving his job in advertising. He collaborated with director Dick Richards to bring his creative visions to fruition. His early work laid the foundation for his future success as a prolific and influential producer in Hollywood.

Establishment of Jerry Bruckheimer Films (1995)

In 1995, Jerry Bruckheimer founded his production company, Jerry Bruckheimer Films, after parting ways with his former producing partner. The company quickly gained recognition and became synonymous with high-quality, action-packed films that captivated audiences worldwide. Its first movie under the new branding was the action thriller "Con Air" (1997), starring Nicolas Cage.

Television Ventures and CSI Franchise (2000s)

Bruckheimer's influence extended beyond the big screen as he ventured into television production. He achieved immense success with the creation of the "CSI: Crime Scene Investigation" franchise, which became a cultural phenomenon. The franchise's popularity led to spin-offs set in Miami (2002–2012) and New York City (2004–2013), solidifying Bruckheimer's status as a powerhouse in television production.

Community Involvement and Philanthropy

In addition to his contributions to the entertainment industry, Jerry Bruckheimer has been actively involved in philanthropy and community initiatives. He has pledged to support various causes through the establishment of the Jerry Bruckheimer Foundation, demonstrating his commitment to giving back to society.

Connection to Detroit

Bruckheimer's early years in Detroit played a significant role in shaping his passion for film and photography, laying the groundwork for his future success as a producer. His upbringing in Detroit has remained a source of inspiration and influence throughout his career, reflecting in the themes and narratives of his productions.

Key Achievements of Jerry Bruckheimer:

• Pioneering film and television producer known for action-packed and dramatic productions.

• Founder of Jerry Bruckheimer Films, a renowned production company synonymous with high-quality films.

• Creator of the ""CSI: Crime Scene Investigation"" franchise, which became a cultural phenomenon.

• Active philanthropist and supporter of various causes through the Jerry Bruckheimer Foundation.

• Influential figure in the entertainment industry, with a lasting impact on film and television.

In summary, Jerry Bruckheimer's journey from Detroit to Hollywood has been marked by groundbreaking achievements and a lasting legacy in the entertainment industry. His passion for film, coupled with his creative vision, has solidified his position as one of the most influential and successful producers of our time.

Connect With Me

If you want to connect, reply to this email and let me know what you think.

I would love to hear from you. Don’t be shy.

-Matthew Larsen

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