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Cord-Cutting Accelerates, Sends Shock Wave Across Traditional TV

Cord-Cutting Accelerates, Sends Shock Wave Across Traditional TV

By Stock Board Asset

According to eMarketer, digital video consumption is on the rise leading to a seismic shift in the industry. Traditional TV viewers are expected to shrink nearly 10% by 2021 with the expectation of a sharp decrease of total media ad spending upwards of -30% reduction. Even in 2017, the trend is accelerating with eMarketer expecting a slowdown in ad spending, after 2016 benefited from the Olympics and U.S. presidential election.

Shkreli Going To Jail After Judge Revokes Bail

Shkreli Going To Jail After Judge Revokes Bail

“The most hated man in America” is going to prison over a joke.

Late Wednesday, Brooklyn Judge Kiyo Matsumoto ordered that former Turing Pharmaceuticals CEO Martin Shkreli’s bail be revoked after prosecutors claimed that a Facebook post published by Shkreli on Sept. 4 was tantamount to an invitation to assault on Hillary Clinton during her upcoming book tour. In a letter demanding a bail hearing, the former hedge fund manager was described as a “threat to the community.”

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