Facebook announced plans to resume political, electoral and social issue ads in the U.S. tomorrow, March 4, ending a temporary ban it put in place after the November 2020 — to avoid confusion and abuse amid claims by former President Donald Trump and his supporters that the election had been stolen. The ad ban was a bit of a reversal by Facebook CEO Mark Zuckerberg, who has in the past has hewn to a hands-off position on content and political advertising , which is considered speech, unless there is the risk of imminent danger. But a lot changed with the unprecedented misinformation that proliferated on social media around the last election and the violent attack on the U.S. Capitol Jan. 6. “Unlike other platforms, we require authorization and transparency not just for political and electoral ads, but also for social issue ads, and our systems do not distinguish between these categories. We’ve heard a lot of feedback about this and learned more about political and … [Read more...] about Facebook To End Ban On Political Advertising March 4
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Red Arrow Studios , the production group owned by German broadcaster ProSiebenSat.1 , took a €46 million ($55M) hit to its revenue in 2020 after the coronavirus pandemic halted production around the world. Red Arrow-owned Kinetic Content landed a big Netflix hit in the shape of Love Is Blind , but it was ultimately an unsettled year for the production empire amid Covid-19. ProSiebenSat.1 shelved plans to sell the company because of the pandemic, while the producer’s CEO James Baker was among a number of senior executive departures. Red Arrow is now overseen by a ProSieben advisory board. According to ProSieben’s full-year earnings, Red Arrow’s total revenue fell 6% from €730M in 2019 to €684M last year. Adjusted EBITDA dropped 12.6% to €42M. Revenue picked up in Q4 last year, when sales hit €235M, compared with €222M in 2019. Related Story BBC Casts 'My Name Is Leon'; Red Arrow Locks-In CPL; ITV Renews 'Finding Alice'; ITV Orders 'Britain's Tiger Kings' -- … [Read more...] about ‘Love Is Blind’ Producer Red Arrow Studios Takes $55M Hit To Revenue During Pandemic
Ten years ago, when Zoya Akhtar's Zindagi Na Milegi Dobara starring Hrithik Roshan, Abhay Deol, Farhan Akhtar, Katrina Kaif and Kalki Koechlin hit the theatres, fans went crazy over the film. Before Zindagi Na Milegi Dobara , it was Farhan Akhtar's Dil Chahta Hai that became a sensation among youth. Both films were based on three friends and a road trip, which plays an important role in the film's script. Now, we hear that Farhan is keen to direct a female version of Zindagi Na Milegi Dobara and wishes to cast Alia Bhatt in the lead role along with two other A-list actresses. "While Farhan acted in ZNMD, this time around, he will be directing this yet untitled film. It is written by him and Zoya, and though the concept of road trip remains the same, the narrative is diametrically different from what they did in the 2011 film. They have locked on the broad idea of this story through the lockdown," (sic) revealed a source close to Farhan. ALSO READ: … [Read more...] about Farhan Akhtar To Make Female Version Of Zindagi Na Milegi Dobara With Alia Bhatt & Two Other A-List Actresses?