Matt Klinman is a comedian who has been working in comedy for companies like Funny or Die for years. Recently, the comedy site had to lay off many people in their video department. Klinman spoke with Cheddar about the reason many media companies are laying off social video departments and how these companies can refocus their goals to leave Facebook behind.
Klinman discusses the idea that companies need to change directions to focus more on long format and veer away from social video in order to survive the changes made online. He also discusses the idea that Facebook has created centrally designed internet that is basically ruining online creativity.
Klinman argues that this model is bad for all publishers, including Facebook itself. He also asserts that it's basically impossible to run a large independent creative outfit on the internet now and says publishers should leave Facebook or attempt to organize to get leverage to get Facebook to pay them.
This year, the Crypto Bowl is out as beer and booze take over the ad breaks during Super Bowl LVII.
Another busy day on tap for earnings is set for Tuesday as companies like Chipotle, Hertz and Royal Caribbean will report results.
Shake Shack unveiled its White Truffle burger and fries to its menu.
Google announced "Bard," its own chatbot, to compete with the increasingly-popular ChatGPT.
AMC announced a new ticket pricing tier based on where customers sit.
Pinterest saw shares plunge in after-hours trading after revenue fell shy of Wall Street estimates and gave a weak outlook for the current quarter.
Mario Veneroso, partner & wealth manager with Kingsview Asset Management, joined Cheddar News to discuss Monday's trading session following last week's Fed decision to hike rates as well as Friday's jobs data.
Kelley Long, CPA, personal finance specialist and certified financial planner, joined Cheddar News to offer tips on how people can protect themselves from tax-related scams during the filing season.
Alex Smereczniak, CEO of 2ULaundry & LaundroLab, joined Cheddar News to discuss the mobile laundry service company after raising a fresh $20 million in a Series B round.
Moviegoing at AMC theaters might be a bit more expensive — or cheaper — depending on where you want to sit.
