It time to say goodbye to the big screen — at least, if you're an independent filmmaker. Here's how film financing has been turned "upside down" in today's streaming-first world.
(Bloomberg) -- Social media stocks lost more than $160 billion in market value Tuesday after Snap Inc.’s profit warning, adding to woes for a sector that is already reeling from stalling user growth and rate-hike fears. Most Read from BloombergBroadcom in Talks to Acquire Cloud Company VMwareBiden’s Latest Taiwan Gaffe Stokes Tensions With BeijingStocks Climb in Risk-On Day While Bonds Decline: Markets WrapStocks Slump Amid Economic Data, Snap’s Warning: Markets WrapBiden Misspeaks on Taiwan, Sa
(Bloomberg) -- Snap Inc. plunged as much as 40% Tuesday morning, dipping below its initial public offering price after the social media company cut its revenue and profit forecasts as it grapples with a wide range of macroeconomic issues.Most Read from BloombergBroadcom in Talks to Acquire Cloud Company VMwareBiden’s Latest Taiwan Gaffe Stokes Tensions With BeijingStocks Climb in Risk-On Day While Bonds Decline: Markets WrapStocks Slump Amid Economic Data, Snap’s Warning: Markets WrapBiden Missp