Ghost retailers stock up physical DTC stores
Direct-to-consumer (DTC) brands are turning to “ghost retailers” to build one-off physical stores, allowing DTCs to bypass the headaches of getting into brick-and-mortar.
Content
WarnerMedia’s “Project Popcorn” doesn’t fully pop
WarnerMedia’s Project Popcorn (its strategy of releasing its 2021 film slate simultaneously in theaters and on HBO Max) produced relatively strong subscriber growth for the new streamer but paltry box office grosses.
CAA gets into a little MSCHF
Internet provocateurs MSCHF have signed with CAA to bring even more legitimacy and scope to some of the most cutting (and hilarious) satire of the Internet age.
Facebook updates to Meta
Facebook is no longer Facebook. It’s Meta. The rename is Mark Zuckerberg’s way of telling onlookers that Facebook is focused on becoming a metaverse company.
Klarna packs up Inspirock
Klarna is buying travel company Inspirock to create an all-in-one platform for vacation curation and commerce.
Music publishers want a bigger piece of the streaming pie
Music publishers and major streaming services are duking it out in front of the Copyright Royalty Board over the future of streaming pay rates for songwriters.
The rise of the streaming middleman
The rise of digital operating systems and smart TVs is putting a toll road between streaming companies and their audiences.
Facebook’s name to get a metaverse makeover
Facebook is planning to change its company name, possibly as early as next week. The move is expected to highlight the social giant’s transition from a social media company to a metaverse company.
PayPal possibly purchases Pinterest
PayPal is exploring a huge $45 billion acquisition of Pinterest. The move would launch PayPal into the creator-driven e-commerce and advertising businesses, possibly setting up a rivalry with newfound competitors like Amazon and Facebook.
Watching with friends who aren’t there is the new watch party
Thanks to COVID, entertainment streaming services and social-gaming platforms rolled out new features to keep group hangs a thing.