The news. The narrative. The timeline.
Bureau: Los Angeles
Netflix posted a Q1 revenue beat padded by a $2.8B Paramount Skydance breakup fee, but the stock fell 9% after hours as co-founder Reed Hastings announced his departure from the board.
D'Amaro's first Disney layoffs — up to 1,000 jobs, marketing gutted, ABC News bleeding — arrive with his $38-45 million comp package intact and the Big Five shrinking together.
A calm forecast, a redo, and a festival that was scheduled in April precisely to avoid the weather that showed up last weekend.
Jessie Ware, ZAYN and M.I.A. all dropped this morning and Coachella Weekend Two guarantees none of them owns the cultural oxygen through Sunday.
A two-year interim is the board admitting it does not yet know what kind of festival it wants — and that is the news.
The finale dropped and the right-wing backlash never arrived — which is itself the review.