The Walt Disney Co. announced on Tuesday that it’s laying off 28,000 employees as a result of Disney parks in California and Florida remaining either closed or their capacity capped because of the coronavirus pandemic. In a statement, a Disney executive singled out California for particular blame, since Disneyland is not even allowed to be …
A Netflix price increase is likely coming soon, according to one analyst who follows the company. Alex Giaimo of Jefferies thinks it’s “probable” that Netflix institutes a small price increase on subscribers in North America and Europe. He thinks the more likely Netflix price increase, however, will fall on Netflix users in Europe, the Middle …
App makers like Spotify have blasted the Apple App Store fees and various practices of the store for a while now. Now, several of these app developers and longtime critics of Apple’s App Store policies have banded together to form a nonprofit, the Coalition for App Fairness. The app makers involved also include Epic, Match, …
Newly Established PMRC Will Steward Variety, Rolling Stone, The Hollywood Reporter, Billboard, Vibe and Music Business Worldwide Content Partnership Will Produce Television, Film and Other Formats With Access to Intellectual Property Across the Portfolio of Brands LOS ANGELES – September 23, 2020 – Leading independent media and entertainment companies Penske Media Corporation (PMC) and MRC …
Movie theaters around the country are slowly starting to open back up again, implementing stringent new safety measures along the way as a result of the coronavirus pandemic. So far, however, the public hasn’t returned in droves to catch new films like Tenet on the big screen. People are still too scared about being inside enclosed, …
Apple on Tuesday unveiled its expected Apple subscription bundle, which packs myriad subscription service offerings from the iPhone maker into an a single paid offering. The services included with an Apple One subscription, depending on which tier is chosen, include Apple Arcade, Apple Music, Apple TV+, Apple News+, and more. On a related note, Apple …
The US Customs and Border Protection agency announced on Friday that it has seized a big shipment of counterfeit Apple AirPods at JFK International Airport, apparently en route from Hong Kong to Nevada. The agency tweeted out some images from the seizure on Sunday. The tweet read, in part, “That’s not an (apple emoji).” The …
Apple has started grooming the next generation of leaders to ascend to the top leadership ranks at the company, including reportedly settling on at least an immediate replacement for Apple CEO Tim Cook if he were to retire suddenly. This succession planning inside the iPhone maker is the subject of a fascinating new Bloomberg piece …
Netflix CEO Reed Hastings has written a new book called No Rules Rules, about the corporate culture inside the streaming giant. It offers fascinating insight into how Netflix has grown to become the biggest and most important streaming service in the world. Hastings has been especially open about how the company got to this point during …
It’s been a little over a year now since the launch of Apple Card, arguably the most surprising and unusual product to date from a company that became one of the biggest corporate success stories of all time thanks to its pricey gadgets like iPhones. A new analysis from CreditCards.com reveals that Apple Card’s debut year …
