Facebook Ad Boycott Is “a Big Nothing” in Terms of Financials, Analysts Say

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The Hollywood Reporter reports: “A growing advertising boycott of Facebook and its Instagram unit over the social media giant’s handling of racism, violence and misinformation on its platform has been getting much attention, but Evercore ISI analysts Kevin Rippey and Lee Horowitz say it is “a big nothing for the fundamentals” of the company.”

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Starz CEO Jeffrey Hirsch on programming in a digital world

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TechCrunch reports: “In the war between subscription video on-demand (SVOD) services like Netflix and Amazon Prime Video, Starz has been growing on the sidelines and fighting to be the preferred add-on for consumers on top of their primary subscription.”

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Roblox: How teens are using games to cope with the pandemic

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VentureBeat reports: “Teenagers who use the virtual gaming world of Roblox say that they are using games such as Roblox to stay in touch with their real-life friends, according to a survey by the company. They’re also playing online games a lot more, and they’re going online with their parents’ permission.”

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nScreenNoise – Boost video library monetization with better audio

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nScreenMedia reports: “In this interview with Audionamix, we discuss how to improve audio in classic video. Moreover, the process can boost monetization of library video titles by fixing music licensing issues, improving engagement, and opening new licensing opportunities.”

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Facebook to warn users before they share old news articles

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The Verge reports: “Facebook is rolling out a new feature globally that will warn users if they’re about to share an article that’s over 90 days old. The feature, which was announced in a blog post, is designed to give people more context about articles before they share them, in the hope that the content on the platform becomes more “timely and credible.”’

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Verizon suspends Facebook advertising as boycott grows

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VentureBeat reports: “Verizon Communications said on Thursday it is pausing advertising on Facebook in July in support of a campaign that called out the social media giant for not doing enough to stop hate speech on its platforms.”

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Universal Music, Annenberg Inclusion Initiative Expand Partnership to Study Racial Inequality in Music

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Billboard reports: “Universal Music Group (UMG) and the USC Annenberg Inclusion Initiative are expanding their partnership to study systemic racial inequality in the music business, and how to create much-needed change.”

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New TikTok CEO Kevin Mayer Explains Why He Left Disney

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Variety reports: “Kevin Mayer traded mouse ears for TikTok’s teen memes — and he’s very excited to be leading the rapidly exploding short-form video service, whose mission, he said, is to spread “joy and creativity.”’

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Google Will Pay News Publishers for Content Starting Later This Year

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Variety reports: “Google is prepping a “new news experience” to launch later in 2020 — for which the internet giant will finally directly compensate some publishers of “high-quality content” under a new licensing program.”

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Newzoo: There will be over 3 billion gamers by 2023

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VentureBeat reports: “The number of gamers around the globe will top 3 billion by 2023, according to market researcher Newzoo. That may sound crazy to expect 39% of all humans to be playing games, but Newzoo says we already have 2.69 billion players, thanks to mobile devices.”

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