Amazon has signed “Atlanta” star Donald Glover for an eight-figure multi-year deal to produce content for its Amazon Prime Video service, according to The Hollywood Reporter. The deal for such big-name talent is the kind that Netflix frequently does but it is less common at Amazon. It may be a sign of how the company is hoping to invest more in Prime Video. Under the terms of the deal, Glover...
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Snap’s Weak Q4 Projection Signals Sharp Slowdown in Ad Market
Advertisers are hitting the brakes—hard. That’s the message today from Snap, the first of the digital ad companies to report third-quarter earnings. A combination of Apple’s ad-targeting clampdown and knock-on effects from supply shortages are expected to sharply slow fourth-quarter ad growth, Snap executives warned. It was a sobering portent for Facebook, Alphabet and all other media firms...
Brex Said to Raise Funding at $12.3 Billion Valuation
Intel Blames Chip Shortage for Q3 Sales Miss
Snap Reports Slowdown in Revenue Growth and Projects Bigger Slowdown in Q4
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