Sinatra the musical

“In hindsight, I got a little carried away and over-invested relative to the uncertainty I saw in the market,” Spotify CEO Daniel Ek said this morning as the company reported a jump in users but wider losses, a week after announcing a reorganization of top management and hundreds of layoffs. The music streaming giant announced 489 million monthly active users in the fourth quarter of 2022 (up 20%, its largest ever quarterly bump), with 205 premium subscribers (up 14%). Both numbers beat forecasts. However, losses widened on investments in podcasting and other costs. Spotify last week laid off about 600 staffers amid a shuffle at the top that saw Dawn Ostroff exit as chief content officer and advertising business officer. The exec, a former president of entertainment at The CW, and Condé Nast Entertainment had been a key architect of Spotify’s strategy around podcasts, which have grown rapidly to about 5 million on the service, led by deals for The Joe Rogan Experience … [Read more...] about Spotify CEO Daniel Ek On “Over-Investing”, Corporate Reorg As Q4 Sees Big Jump In Users But More Red Ink

EXCLUSIVE: Nickelodeon has unveiled the nominees and hosts for its 2023 Kids’ Choice Awards . CBS Mornings co-host and CBS Sports Analyst Nate Burleson and social media star Charli D’Amelio , who also is nominated in the Favorite Female Creator category, will share hosting duties for the slime show covering film, television, music, sports and more, The news was revealed today on CBS Mornings. The awards show will air live on Saturday, March 4 at 7 pm ET/PT from L.A.’s Microsoft Theater. “Hosting NFL Slimetime is always a blast, and I can’t wait to bring that same energy and slime as co-host of the iconic Kids’ Choice Awards!,” said Burleson. “I grew up on Nickelodeon and my kids still love watching, so we’re all ready for the stunts, surprises and superstars that await us at this year’s show.” Said D’Amelio, “I got slimed at the KCA’s in 2021, saw my sister get slimed at last year’s show and now, no one is safe with me as co-host! Nate and I will make sure this … [Read more...] about Nate Burleson & Charli D’Amelio To Host Nickelodeon’s Kids‘ Choice Awards; ’Stranger Things’ Leads 2023 Nominations — Full List