Digital

Twitch Hires Instagram’s Constance Knight as VP Global Creators

Twitch Hires Instagram’s Constance Knight as VP Global Creators

BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT The executive was most recently the global head of video curation for short-form content at Instagram. Twitch has tapped Instagram’s Constance Knight to become the live streaming platform’s vice president of global creators, the company said on Tuesday. Knight, who started her new role at Twitch on Monday, was most recently Instagram’s global head of video curation, where she was focused on short-form content. Prior to joining Instagram, Knight spent over nine years at YouTube, leading content programs and partnerships for YouTube’s creator communities. At Twitch, Knight will be focused on supporting diverse…
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Snap Reaches 293M Users, Revenue Sharply Increases

Snap Reaches 293M Users, Revenue Sharply Increases

BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT The company reported $982 million in revenue for the second quarter of 2021. Snap, the parent company of Snapchat, on Thursday reported a 116 percent increase in revenue in its second quarter and a 23 percent increase in daily active users. The company made $982 million in Q2 and has reached 293 million daily active users, according to a report released ahead of Snap’s earnings call. The company also decreased its net loss to $152 million, compared to $326 million in the previous year. “Our second quarter results reflect the broad-based strength…
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Los Angeles: New Studio City Townhouses Draw Digital Creators Thanks to Hybrid Zoning

Los Angeles: New Studio City Townhouses Draw Digital Creators Thanks to Hybrid Zoning

BY HADLEY MEARES | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com Digital content makers are buying at a new development, with homes starting at $1 million, on the edge of Studio City. The next evolution in creator houses is here — and legal: Thirty Four Fifty West is a collection of townhouses starting at $1.015 million where the light-filled, multifloor units all have rare-for-Los-Angeles live/work zoning approval. Located at the edge of Studio City, across from Universal Studios, Thirty Four Fifty West has hybrid zoning that permits people to have a full professional office or creative studio with industrial grade electrical and the like in…
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Los Angeles: An L.A. Real Estate First: Houses Accept Buyers’ Bitcoin and Display NFT Art

Los Angeles: An L.A. Real Estate First: Houses Accept Buyers’ Bitcoin and Display NFT Art

BY HADLEY MEARES | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com In high-end contemporary listings, developers and brokers are experimenting with accepting cryptocurrency as payment and showcasing blockchain-authenticated digital art. The soaring contemporary architecture and breathtaking views of the Palazzo di Vista in Bel Air may seem well worth the $87.77 million it’s listed for. But the lucky buyer will also acquire a $7 million art collection, including an NFT (non-fungible token) art gallery, curated by MDP Art Curators, with works by Ghost Girl and BigHead Music Producer. “The art world is changing so fast in this digital world, so we thought, ‘Why…
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Alex Rodriguez, Bron Among Investors in New Social Commerce Company NOWwith

Alex Rodriguez, Bron Among Investors in New Social Commerce Company NOWwith

BY DEGEN PENER | HollywoodReporter.Com Troy Warren for CNT Founded by Nicole Winnaman and Abra Potkin, the soon-to-launch platform is designed to let stars and influencers seamlessly sell products through their social feeds. Alex Rodriguez is an initial major investor. Stars like Dolly Parton and companies such as Bron Studios (behind such films as Joker, Respect and Candyman) see it as a promising new way to monetize content. They are among the names who have lined up behind the upcoming launch of NOWwith, a startup that’s set to enter the growing space known as social commerce next month. Social commerce, a part of ecommerce, is a catch-all term for…
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Parsec CEO Benjy Boxer on Future of Remote Computer Access in a Hybrid World

Parsec CEO Benjy Boxer on Future of Remote Computer Access in a Hybrid World

BY TRILBY BERESFORD | HollywoodReporter.Com Troy Warren for CNT The co-founder talks with The Hollywood Reporter about shifting priorities in the pandemic, an ongoing partnership with Electronic Arts and the challenge of making Parsec a tool that can be employed by different industries. Among the video game and media industries, Parsec became a known word during the height of the coronavirus pandemic when remote access to games became crucial. Games were still being rapidly made and played, and many needed to be demo-ed or previewed without people physically being in an office to connect to a workstation. Parsec existed before COVID-19…
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Twitter Tops 206M Users, Soars Past Revenue Expectations

Twitter Tops 206M Users, Soars Past Revenue Expectations

BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT The social media company reported revenue of $1.19 billion in the quarter (up 74 percent year over year), led by a reinvigorated advertising business. But its U.S. user base declined slightly. Twitter on Thursday reported that it now had more than 206 million monetizable daily active users, and revealed its Q2 earnings, which easily topped Wall Street expectations. Twitter reported revenue of $1.19 billion for the quarter (up 74 percent year over year), beating the $1.07 billion expectation, and earnings per share of $0.20, versus an expectation of $0.07. The company had GAAP operating…
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Going Mobile: Netflix Wants to Be the Everything App

Going Mobile: Netflix Wants to Be the Everything App

BY ALEX WEPRIN, J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT Forays into games, podcasts and TikTok-like shorts suggest the streaming giant is thinking about new ways to present content beyond TV screens. Despite its reputation as the king of subscription streaming video, Netflix understands it has never had the dominance on mobile devices that it has on TV screens. When a subscriber plops down on the couch and opens the Netflix app on their TV, they are welcomed with an array of content the service thinks they will want to binge-watch. On mobile, when a user may only have 30 seconds or a minute…
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‘John Wick,’ ‘Mad Men’ NFTs in the Works as Lionsgate Inks Deal With Tom Brady-Backed NFT Platform Autograph

‘John Wick,’ ‘Mad Men’ NFTs in the Works as Lionsgate Inks Deal With Tom Brady-Backed NFT Platform Autograph

BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT Autograph also announced a deal with Draftkings, which will exclusively sell sports-related NFTs on a new marketplace it is creating. Non-fungible tokens (NFTs) of entertainment franchises like The Hunger Games, Mad Men, John Wick and Dirty Dancing are in the works, as Lionsgate has signed a strategic partnership with Autograph, the NFT platform co-founded by Tampa Bay Buccaneers quarterback Tom Brady. Autograph also announced a deal with Draftkings, which will exclusively sell sports-related NFTs on a new marketplace it is creating. Sports icons Tiger Woods, Wayne Gretzky, Derek Jeter, Naomi Osaka and Tony Hawk have signed on as advisers, and will exclusively sell their…
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HBO Max Puts Free Episodes of ‘Gossip Girl,’ ‘Euphoria’ and More on Snapchat

HBO Max Puts Free Episodes of ‘Gossip Girl,’ ‘Euphoria’ and More on Snapchat

BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT The WarnerMedia streamer is the first to bring free, full-length programming to Snap Minis, which host third-party apps on Snapchat. HBO Max is giving Snapchat users access to free, full-length episodes of hit shows like Gossip Girl, Euphoria, Game of Thrones and more, the streamer said on Tuesday. HBO Max is the first major streamer to bring full-length programming to Snap Minis, a platform on Snapchat that hosts third-party apps. On the HBO Max Snap Mini, Snapchatters will get to watch the select episodes with up to 63 of their friends and share comments and Bitmoji…
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