By Dave McNary
19.05.2020 - 16:09 / billboard.com
With Chinese conglomerate ByteDance's fast-growing social media app TikTok naming Kevin Mayer, the Disney executive who oversaw the launch of streaming service Disney+, its new CEO late Monday, Wall Street analysts weighed in on the appointment and what it means for the broader sector.
Less than three years old, TikTok has been on the rise and aided by the novel coronavirus pandemic, surpassing 2 billion worldwide downloads in March. Mayer also will serve as COO of ByteDance.
"We likely gained
By Dave McNary
By Rebecca Davis
By Rebecca Davis
By Tom Grater
By Todd Spangler
In 2019, recorded-music-industry revenue increased 8.2% — a figure that sounds substantial, but that nonetheless left some analysts and executives fretting that the business' streaming-fueled growth rocket might now be coming down to earth. After four years of booming expansion, last year's gains were down 1.5 percentage points from the 9.7% growth
By Tom Grater
With Chinese conglomerate ByteDance's fast-growing social media app TikTok namingKevin Mayer, the Disney executive who oversaw the launch of streaming service Disney+, its new CEO late Monday, Wall Street analysts weighed in on the appointment and what it means for the broader sector. Less than three years old, TikTok has been on the rise and aided by the novel coronavirus pandemic, surpassing 2 billion worldwide downloads in March.
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Disneyland President Rebecca Campbell Takes Over Direct-to-Consumer and International Division
Privacy watchdogs say that the popular TikTok video app is violating a children’s privacy law and putting kids at risk.
Bryan Adams blamed “greedy bat eaters” for his cancelled concerts in an astonishing rant on Instagram on Monday night.
With the global Coronavirus pandemic that broke out in 2020, cinema halls, production houses, and all forms of entertainment put their shutters down. The year began with Coronavirus spreading its claws to take different parts of the globe in its clutches.