Can media companies survive a recession? Executives say yes:

Delegates wait in line at Cannes Lions International Festival of Creativity, Cannes, France, June 2019: Cannes Lions: While media executives are meeting with advertising leaders this week over glasses of rose at the annual Cannes Lions International Festival of Creativity, they can not help but talk about the disconnect between hanging out with celebrities on … Read more

Can media companies survive a recession? Executives say yes:

Delegates wait in line at Cannes Lions International Festival of Creativity, Cannes, France, June 2019: Cannes Lions: While media executives are meeting with advertising leaders this week over glasses of rose at the annual Cannes Lions International Festival of Creativity, they can not help but talk about the disconnect between hanging out with celebrities on … Read more

More Companies Start to Rescind Job Offers:

Businesses in several different industries are rescinding job offers they made just a few months ago, in a sign the tightest labor market in decades may be showing cracks. Companies including Twitter Inc:. realfin brokerage Redfin Corp:. and cryptocurrency exchange Coinbase Global Inc:. have rescinded offers in recent weeks. Employers in other pockets of the … Read more

More Companies Start to Rescind Job Offers:

Businesses in several different industries are rescinding job offers they made just a few months ago, in a sign the tightest labor market in decades may be showing cracks. Companies including Twitter Inc:. realfin brokerage Redfin Corp:. and cryptocurrency exchange Coinbase Global Inc:. have rescinded offers in recent weeks. Employers in other pockets of the … Read more

Here’s everything coming to Netflix in June 2022 – and what’s leaving:

June on Netflix is ​​more than just the shoulder season between seasons of “Stranger Things,” especially on the international front. The cult hit British crime drama: Peaky Blinkers (June 10), which aired in the UK earlier this year, returns for its sixth and final season. The violent exploits of the early-20th-century Birmingham gang pick up … Read more

Elon Musk and the Baby Bust:

Photo: Seth Wenig / Associated Press: Due to recent declines in stock prices, Elon Musk is now down to his last $ 200 billion. But despite all the sellers in today’s market, Mr. Musk is not letting those vast herds get him down. Instead, the Tesla CEO and SpaceX founder is once again offering compelling … Read more

At TV’s Upfront Pitch, Traditional TV Takes a Back Seat While Netflix Is on Every Lip:

At the upfronts, as the television industry’s annual pitch event for advertisers is known, the traditional TV aspect of the spiel this year may have never been less important. Amid the hurtle toward streaming video, this week’s presentations were less focused on networks’ traditional hour-by-hour scheduling strategies and more about the actual content — now … Read more

The clock is running out for Congress to pass Big Tech antitrust bills this year:

Nearly three years ago, when the Justice Department and Federal Trade Commission launched probes into the business practices of Big Tech, antitrust experts and legal talking heads declared a new age in enforcement and a chastening of unbridled financial power. But a pandemic and countless bill markups later – amid feverish lobbying efforts by Apple … Read more