Spotify added millions of users. Here's why the stock is getting hammered
Spotify on Tuesday fell nearly 14% as investors were concerned about the company's future financial guidance.
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Spotify on Tuesday fell nearly 14% as investors were concerned about the company's future financial guidance.
The sector appears to be stuck in a situation where it is seeing strong demand along with uncertain deal closure timelines. Analysts say the sector's growth will fall from double-digits to lower single-digit levels in FY24
NBC Universal received a small fine after the company controversially trimmed trees outside its building that striking workers were using for shade during a heat wave.
James Van Der Beek said studios using artificial intelligence to generate actors' likenesses and scripts could mean the end of acting and writing as "viable" careers.
Antonio Sabato Jr. says "put me in charge of SAG" as industry anger grows over a lack of negotiations with actors and writers striking for better pay and image protection.