WarnerMedia
European Union backs Ngozi Okonjo-Iweala for WTO role
The European Union has endorsed former Nigerian finance minister Ngozi Okonjo-Iweala as the next director-general of the World Trade Organisation, Bloomberg reported. The business news outlet cited anonymous officials familiar with the matter that all the 27 EU member countries agreed on Monday in Brussels to support Mrs. Okonjo-Iweala. Bloomberg also reported that the United States has decided to back Yoo Myung-hee, South Korea’s trade minister, for the role. The position has been fiercely contested amongst candidates of different countries since Roberto Azevedo resigned in August. Last month, Okonjo-Iweala and Myung-hee were selected as the last two candidates in the contest. The EU’s endorsement is seen as a significant boost for Okonjo-Iweala’s candidacy, with the final winner expected...
WarnerMedia Is Investigating the “Toxic Work Environment” at Ellen DeGeneres Show
WarnerMedia has launched an investigation into allegations of misconduct and an environment of fear on the set of The Ellen DeGeneres Show. Via The Hollywood Reporter, the news comes 11 days after a Buzzfeed report in which ten former and one current employee described a “toxic work environment.” Rumors of verbal abuse, retribution, and racism have dogged Ellen for years. But the stories reported by Buzzfeed are still disquieting, involving little tolerance for family emergencies, inconsistently enforced rules, and attempts to silence workers who expressed concerns. One woman took medical leave after a suicide attempt, and when she returned, her position was eliminated. A Black woman who objected to the term “spirit animal” was labeled “the PC police,” and later re...
Netflix adds another 10 million subscribers
Getty Images Netflix is still growing as people continue to shelter in place around the country, but the company is now seeing the slowed subscriber growth executives predicted would arrive three months ago. On top of announcing that longtime chief content officer Ted Sarandos would join CEO Reed Hastings as co-CEO, the company made a few impressive announcements. Netflix added 10.2 million subscribers in its second quarter, beating the company’s own estimates that it made in its first quarter, which suggested it could add around 7.5 million. Netflix noted that it added 26 million paid new subscribers in the first two quarters of 2020 alone; in 2019, the company added 28 million subscribers in total. The company’s revenue grew 25 percent year over year, but missed its revenue goals for the...
