Disney’s CEO put another nail in the coffin of the traditional theater business. Speaking at the Morgan Stanley conference on Monday, Bob Chapek said that once the pandemic ends (and theater-going returns to near normal levels) he doesn’t expect to uphold the previous tradition of waiting more than two or three months after a movie was released in theaters before making it available to rent....
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TikTok’s Ad Stumbles; an NFT Artist on Crypto Twitter, Philanthropy and Diversity
TikTok aims to rival the ad revenue of digital titans such as Meta Platforms, but a new report from my colleague Sylvia shows that turbulence within the short-form video app’s ad sales department threatens to throw it off course.That turbulence includes a high-pressure culture that has resulted in heavy turnover. Since top-down instruction still comes from Beijing, employees are confused about...
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