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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Opinion Media/Telecom Entertainment
Why YouTube Sees Hollywood’s Future in the Creator Economy
Tuesday’s letter from YouTube Chief Business Officer Robert Kyncl to its 2 million–strong creator community—announcing that original content chief Susanne Daniels had resigned—read like the final salvo in YouTube’s recent PR campaign touting its creator economy successes. Consider: When Daniels started in her role in 2016, she was commissioning original scripted...
Google Urges Court To Throw Out Texas-led Antitrust Case Against Ad Tech Business
Twitter CEO Shakes Up Security Team
TikTok Owner ByteDance’s 2021 Revenue Rose 70%
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