• AppleTV+ Wants to Pay Actors Based on How Many People Watch Their Movies

    AppleTV+ Wants to Pay Actors Based on How Many People Watch Their Movies

    Apple and other streaming companies are interested in shaking up the entertainment industry’s compensation model. According to Bloomberg, under the newly proposed system (which is really only an idea, at this point), talent—like actors and other production staff—would be paid based, partially, on how well the movie performs on the company’s platform. If a lot…


  • GameStop Short Sellers Just Lost US$2 Billion Amid Meme Stock Rally

    GameStop Short Sellers Just Lost US$2 Billion Amid Meme Stock Rally

    The meme stock rally triggered by the return of “Roaring Kitty” to social media has cost GameStop stock short-sellers more than $US2 billion in just two days, according to data firm S3 Partners. Ihor Dusaniwsky, S3’s managing director of predictive analytics, wrote on X: “After being down $US862 million in mark-to-market losses yesterday, $GME [GameStop]…