• Sun, April 20, 2025

by: Reuters

Tariffs, recession fears cast pall over US media earnings

Wall Street analysts offered a gloomy view of the first quarter for much of Hollywood, warning that economic uncertainty caused by President Donald Trump's erratic tariff plans has undermined consumer confidence and heightened fears of a recession. The threat of an economic downturn would take a toll on an industry dependent on discretionary spending, squeezing TV advertising sales and theme park attendance, and spurring streaming service cancellations. MoffettNathanson analysts estimate a reces

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Bob Mould on addiction, reconnecting with his audience and social media confusion

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Why Creators Are Making More Money Off Social Media Than On It

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by: TheWrap

Trump White House Debuts 'Podcast Row' as New Media Push Expands

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Trump's Press Secretary's Dress Stirs Up Social Media in China

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Prince Harry Reportedly Found Out About King Charles' Hospitalization in the Media

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by: Reuters

China censors some tariff-related content on social media

China began censoring some tariff-related content on social media on Wednesday after U.S. "reciprocal" tariffs on dozens of countries took effect, including massive 104% duties on Chinese goods, while posts criticising the U.S. were top hits. Hashtags and searches for "tariff" or "104" were mostly blocked on social media platform Weibo, with pages showing an error message. Other hashtags, particularly those suggesting that the U.S. has an egg shortage, were amongst the most viewed on Weibo.

by: Fortune

Berkshire Hathaway pulls the rug on a video shared by Trump that claimed Warren Buffett said the president was making 'the best economic moves' in 50 years

by: CNN

Selena Gomez says women 'have it much harder' on social media than men

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Sinners is a good reminder that we're talking about movies' box office all wrong

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by: news4sanantonio

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by: AFP

Always 'the enemy' - Trump steps up media assault in first 100 days

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by: TheGrio

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by: Variety

Jonah Feingold's Romantic Comedy '31 Candles' Sells to Level 33 Entertainment (EXCLUSIVE)

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by: wjla

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by: fox17online

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Inside Blockworks' plans to build the Bloomberg of crypto by packaging data and media

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by: Variety

WGA Bars Members From Working on Martin Scorsese-Produced 'Wall of White' Movie From Randall Emmett's Convergence Entertainment

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by: fox17online

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Nebraska Public Media News | Speaking of Nebraska: COVID-19 in Nebraska

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Tariffs, recession fears cast pall over US media earnings

Wall Street analysts offered a gloomy view of the first quarter for much of Hollywood, warning that economic uncertainty caused by President Donald Trump's erratic tariff plans has undermined consumer confidence and heightened fears of a recession. The threat of an economic downturn would take a toll on an industry dependent on discretionary spending, squeezing TV advertising sales and theme park attendance, and spurring streaming service cancellations. MoffettNathanson analysts estimate a reces
The article from AOL News discusses the looming threat of a global economic slowdown, exacerbated by ongoing trade tensions and tariffs, particularly between the U.S. and China. It highlights the International Monetary Fund's (IMF) downward revision of global growth forecasts, now expecting the weakest expansion since the financial crisis. The piece also covers the impact of these tariffs on businesses, with companies like Caterpillar Inc. reporting lower profits due to increased costs and reduced demand. Additionally, it mentions the uncertainty caused by Brexit and other geopolitical issues, contributing to a cautious outlook among investors and businesses. The article concludes with insights from economic analysts who suggest that while a recession is not imminent, the risks are increasing, urging policymakers to address these challenges proactively.

Read the Full Reuters Article at:
https://www.aol.com/news/tariffs-recession-fears-cast-pall-100431131.html

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