Kanye West took to Twitter this morning to announce his upcoming partnership with Gap. Gap is reportedly aiming to be bringing in $1 billion in annual Yeezy Gap-generated sales by the five-year mark. Yeezy stands to gain royalties and potential equity.
Read MoreLeBron James and his longtime business partner/childhood friend, Maverick Carter, have formed a media company that is one part maker and another part distributor of content that will amplify the voice of creators and consumers who’ve been pandered to, ignored, or underserved.
Springhill Company has raised $100M and will be used as a platform to give people of color the ability to exercise creative control.
Read MoreWith mounting pressure to address the spread of misinformation on its platform, Facebook globally rolled out a content warning notifications system for content that is more than 90 days old. Posters will prompted to “go back” or to click through:
Read MoreTikTok has launched a new brand and platform called “TikTok for Business” that centralizes all its current and future marketing solutions for brands. All but the AR formats [signaling parity with Snap] under the ‘Ad Features Stack’ were available before today’s announcements, but now live under a single destination to introduce new products as they are developed.
Read MoreTime spent by US listeners in 2020 have dropped 2 minutes compared with 2019 due to the pandemic. That metric is set to balance by 2022 as streaming platforms invest in podcasts while publishers diversify content offerings.
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