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The Latest Breaking News on Media

Disney’s Iger reveals 7,000 layoffs in restructuring move

Disney World CEO Bob Iger revealed plans Wednesday to lay off 7,000 workers of the company’s global workforce, about 3% of the workforce.

Orlando Sentinel

Bob Iger signals ‘significant transformation’ as Disney+ loses 2.4 million subscribers

Bob Iger is back at Walt Disney Co., but that doesn’t mean the entertainment giant is out of the woods yet.

Los Angeles Times

Disney World unions vote down offer covering 45,000 workers

Union members voted down a contract proposal covering tens of thousands of Walt Disney World service workers, saying it didn’t go far enough toward helping employees face cost-of-living hikes in housing and other expenses in central Florida

The Independent UK

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Drake, worth £260m, wants more money from Spotify for streaming milestones

The singer hit 75 billion streams on the platform and called for a ‘bonus’

The Independent UK

Apple TV launch new streaming service that could lead to end of Premier League blackout rules

Apple TV has launched a new 'MLS Season Pass' service that will see every MLS match made available to stream live in one place with no blackout between fixtures.

Football London

Spotify CEO Daniel Ek eyes elusive profits

His focus is on the bottom line, but he doesn't plan to pull back on audiobooks.

Axios

Tesco reveals most popular meal deal choices

Tesco has launched Clubcard Unwrapped which will let loyalty card owners see data on their favourite meal deal, most frequent purchases, and how much they’ve saved.

The Independent UK

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Tesco reveals most popular meal deal choices

Tesco has launched Clubcard Unwrapped which will let loyalty card owners see data on their favourite meal deal, most frequent purchases, and how much they’ve saved.

The Independent UK

Why did Rick and Morty creator Justin Roiland get fired by Hulu and Adult Swim?

The animated shows he worked on are set to continue without his involvement.

Evening Standard

Hulu joins Adult Swim in cutting ties with 'Rick and Morty' co-creator Justin Roiland

LOS ANGELES — Hulu has severed ties with Justin Roiland, co-creator of its show "Solar Opposites" and the Adult Swim series "Rick and Morty," the company announced Wednesday.

Los Angeles Times

Sen. Dick Durbin and committee grill Ticketmaster after Taylor Swift concert sales fiasco

Chicago Sun-Times

Live Nation/Ticketmaster get bipartisan grilling in DC

It was only a matter of time before a politician awkwardly quoted Taylor Swift at Tuesday morning’s Senate Judiciary Committee hearing on Ticketmaster, Live Nation and the U.S. ticketing market.

Los Angeles Times

Spotify Lays Off 6% of Staff As Gross Margins Slump and ROIC Turns Negative

Recessions shine a light on weak companies, and SPOT may be serving as a reminder of that principle today.

StockNews.com

Spotify to cut 600 jobs after CEO admits to expanding too quickly

Music streaming service becomes latest tech firm to announce cuts after pandemic overexpansion

The Guardian - UK

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The Independent UK

Spotify latest tech name to cut jobs, axes 6% of workforce

Music streaming service Spotify says it’s cutting 6% of its workforce, becoming yet another tech company resorting to layoffs as the economic outlook worsens

Evening Standard

Spotify slashes 6% of workforce after revenue growth slows

The music streaming service has over 600 employees in the UK

Al Jazeera

Spotify to announce layoffs as soon as this week: Bloomberg

Swedish audio streaming giant reportedly planning job cuts after recent layoffs at Apple, Google, Microsoft and Amazon.

Evening Standard

Spotify blasts ‘immeasurable harm’ caused by Apple to consumers in letter to EU competition commissioner

The music streaming firm has co-signed a letter to the EU with email business Proton and music streaming service Deezer

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The Independent UK

Telemundo acquires US Soccer's Spanish-language TV rights

The U.S. Soccer Federation is switching its Spanish-language U.S. broadcasts to Telemundo from Univision

The Independent UK

Online safety laws need tightening to protect children on streaming sites – MP

Labour’s Andrew Gwynne raised concerns in the House of Commons about the Online Safety Bill.

Salon

Study blows up 2016 Russian bot myth

But the social media campaign "may still have had consequences," NYU researchers warned

The Independent UK

WWW's Vince McMahon is back after misconduct investigation

Vince McMahon is rejoining the board of WWE several months after he retired from the sports entertainment company during an investigation into alleged misconduct

Manchester Evening News

Police confirm investigation launched after girl, 11, groomed to post explicit pictures of herself on Spotify

An M.EN investigation revealed the scale of the problem

Sports Illustrated

McMahon Returns to WWE Amid Sexual Misconduct Scandal

The embattled former CEO is back on the company’s board of directors nearly six months after announcing his retirement.

Evening Standard

Spotify’s Playlist in a Bottle feature invites users to create a musical time capsule

But you’ll have to hurry up, as the feature is only available this month.

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