Russell Simmons’ All Def Digital Lays Off Staff in Reorg; CEO Claims Company Isn’t Shutting Down

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Russell Simmons’ All Def Digital Lays Off Staff in Reorg; CEO Claims Company Isn’t Shutting Down
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All Def Digital, the hip-hop and urban youth culture media company founded by Russell Simmons, has gone through a major restructuring but is not folding, according to president and CEO Chris Blackw…

All Def Digital, the hip-hop and urban youth culture media company founded by Russell Simmons, has gone through a major restructuring but is not folding, according to president and CEO Chris Blackwell. Last week, citing anonymous sources, internet-video publication Tubefilter reported that All Def Digital was shutting down after broad layoffs and that an unnamed [...]Snap keeps building toward its vision of Snapchat becoming the TV habit for the mobile generation.

Studio71 continues to selectively invest in the multichannel network model: The company has added several notable YouTube creators and digital influencers to its roster, including Joey Graceffa and gaming personality Jacksepticeye. Jacksepticeye , the online alias of Seán McLoughlin, has 22 million subscribers on YouTube. The Irish games vlogger signed with WME earlier this [...]BBC Studios has invested in Quibi.

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