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In an interview with ComicBook.com last week, the filmmaker threw shade at the visual effects in Marvel movies, comparing them to those in "Avatar: The Way of Water," his long-awaited sequel to the first "Avatar." After a year of Marvel movies and other big-budget tentpoles whose looks didn't impress me, the movie was a breath of fresh air. That same month, a VFX artist who has worked on Marvel movies wrote a scathing essay for Vulture, alleging that Marvel overworks VFX houses and demands last-minute changes. The reality is that the problems with Marvel movies are a reflection of the state of big-budget movies in general. Audiences are already realizing that these premium formats are the best way to see "The Way of Water."
Media exec Jason Kilar predicts only 3 entertainment companies will survive the streaming war. In a piece for The Wall Street Journal, Kilar predicted that only three of the global entertainment companies, not including tech giants Amazon and Apple, will come out of the "streaming war" unscathed. But based on Kilar's threshold, Disney is well-positioned to survive, with 235 million global subscribers across its services, 164 million of which belong to Disney+. Kilar added that "two or three major mergers and/or acquisitions" in the entertainment industry would occur in the next two years because of shifts in the streaming space. Former Disney CEO Bob Chapek, who was ousted last month, hinted in September that he'd want to integrate Hulu into Disney+ once the deal is complete, though it's unclear what returning CEO Bob Iger's plans are.
FTX cofounder Sam Bankman-Fried said two top executives have left the collapsed crypto exchange. CTO Gary Wang and director of engineering Nishad Singh are no longer at FTX, he told Vox. Singh was "ashamed and guilty" because FTX customers' deposits were lost, Bankman-Fried said. When asked to clarify whether they were both gone, Bankman-Fried said that Wang was "scared" and Singh was "ashamed and guilty" because FTX customers' deposits had been lost. Despite this, he lived with Bankman-Fried, Singh, and other FTX employees, CoinDesk reported.
Nov 17 (Reuters) - The founder of collapsed crypto exchange FTX, Sam Bankman-Fried, said he regretted his decision to file for bankruptcy and, in an interview published by Vox, criticized regulators. The five new directors and newly appointed Chief Executive John J. Ray are working to navigate through the bankruptcy process. In a statement published on Twitter, Ray said Bankman-Fried had no ongoing role at FTX, FTX US or Alameda Research and did not speak on their behalf. After Vox published the interview, Bankman-Fried said some of what he had said had been "thoughtless or overly strong" and that he was venting about something that was not intended to be public. loadingA Vox spokesperson said all communication with Vox reporters was on-the-record unless the subject and reporter had agreed otherwise.
Sam Bankman-Fried, founder and former CEO of cryptocurrency platform FTX, resigned on Friday. In an alleged DM exchange with a Vox reporter, Bankman-Fried said "fuck regulators" and that "they make everything worse." The exchange offers a window into Bankman-Fried's unfiltered views on regulators, his regrets, past statements he says he made for "PR," and what happened with the collapse of FTX. It includes eyebrow-raising quotes, like Bankman-Fried saying "fuck regulators," and that "they make everything worse." FTX, meanwhile, took to Twitter to say that Bankman-Fried doesn't speak for the company anymore since resigning from his role.
"And I personally think that all of us in Gen Z, when we experienced that with our parents, we were like, 'Fuck that. And now, Gen Z is turning to organizing as a way to stand up to corporate bosses. But she and her Gen Z peers are not ready to accept that mode of thinking. Put simply, young workers want something better than their parents had and aren't afraid to seek it out. Because if there is one quality that Gen Z has in spades, it is audacity — and no mass movement has ever succeeded without it.
Former Disney CEO Bob Iger says that he doesn't think all streaming services will survive. The former Disney CEO who helped launch the Disney+ streaming service toward the end of his tenure declined to specify which he thinks are in trouble, but he called out a select few that impress him. Obviously, Disney+ is one of those; he said he's "clearly a big believer" in the service's longevity. But it's still the leading streaming service with over 220 million subscribers worldwide, and is taking steps to address slowing growth with plans to introduce an ad-supported plan early next year. They're going to continue to grow and they'll grow well.
Bob Iger, the former CEO of Disney, said that the pandemic left a "permanent scar" on the movie business. Bob Iger, who retired from Disney at the end of 2021, said that the pandemic left a "permanent scar" on movie theaters. "I don't think movies ever return, in terms of moviegoing, to the level that they were at pre-pandemic," Iger said during Vox's annual Code Conference on Wednesday. Before he stepped aside as CEO and into an executive chairman role in early 2020, Iger led the launch of the Disney+ streaming service in November 2019. The head of the National Association of Theatre Owners, John Fithian, doesn't think movie supply will be back to pre-pandemic levels for another 12 to 18 months.
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