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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
One of YouTube’s biggest stars will release a kids’ movie on more than 2,000 screens without a major studio.
The average US consumer now pays for four different streaming services and spends $61 a month on them. But almost half of Gen Z and a large share of millennials say they prefer social-media video and live streaming (think Twitch) to traditional film and TV or services like Netflix and Max, per Deloitte.
This is the single biggest challenge facing Hollywood. Forget about artificial intelligence, strikes and streaming losses. How do you compete with free, user-generated videos on YouTube, TikTok and Instagram?
