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The Rise and Fall of the Chief Diversity Officer
“Everything is a battle.” Diversity executives hit the exits as company priorities shift. Source link
Threads User Engagement Continues to Decline
User engagement has fallen 70%, putting pressure on parent Meta to roll out new features for its nascent microblogging app. Source link
Streaming Brought Hollywood to a Standstill. Now Comes the Pain.
Hollywood’s biggest strike in 60 years is exposing industry fault lines, with traditional entertainment companies expected to take a near-term hit while streamers are better
Investor Group Nears $125 Million Deal for CoinDesk
The syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6. Source link
The Summer China Fell Out of Love With Hollywood
Chinese moviegoers are gravitating toward films made at home, rather than in Hollywood. Source link
Netflix's Show Doesn't Always Go On
Strong subscriber growth doesn’t deliver big revenue boost, and Hollywood strikes are having an impact. Source link
Netflix Password-Sharing Crackdown Delivers Jolt of New Subscriber Growth
The streaming giant says the Hollywood strikes will lead to less content spending and increased free cash flow this year. Source link
Netflix Scraps Its Cheapest Ad-Free Plan
The streaming company said it no longer offers its $9.99-a- month basic plan for new customers in the U.S. and the U.K. Source link
Thousands of Authors Ask AI Chatbot Owners to Pay for Use of Their Work
James Patterson and Margaret Atwood are among writers who have joined the call for compensation. Source link
Meta, Microsoft Team Up to Offer New AI Software for Businesses
The Meta AI model, dubbed Llama 2, will be free and available to developers building software on Microsoft’s Azure cloud-computing platform. Source link