Sony Entertainment CEO Michael Lynton Joins Snapchat: A New Era For The Social Network?
Social media app Snapchat is starting a new era in its successful history after it was known that the company hired Sony Corporation and Sony Entertainment´s CEO Michael Lynton. Lynton will be taking over his new responsibilities at Snap Inc. in the next six months, in a moment in which the platform has been struggling after several copies of its most popular features have been made by other social networks like Facebook and Instagram.
Michael Lynton Allegedly Advised Snapchat To Turn Down Facebook Takeover Proposition
According to Tech Times, Lynton´s new position will be as Chairman of Board, in which he will have the opportunity to make major decisions in Snapchat. Regarding his exit from Sony, he sent a statement to its employees in order to explain which were the reasons behind the decision of his working on the social media app, explaining that it was taken after a long and careful consideration.
Once the six-month transition has lapsed, Lynton will start to work at Snapchat, with which he has been associated since its inception, since it´s believed that Lynton had a crucial involvement in the company´s decision of turning down the $3 billion takeover proposition from Facebook, thanks to his advising relation with Snapchat´s co-founder Evan Spiegel.
Jeffrey Katzenberg Might Replace Lynton At Sony
Naturally, Michael Lynton´s new position is extremely important, given the fact that Snapchat is currently the most popular social media for young users, which is something that its most important rivals has tried to break, without managing to decrease these statistics.
As reported by Cartoon Brew, founder of Dreamworks Animation Brew, Jeffrey Katzenberg is the main candidate to replace Michael Lynton as CEO of Sony Corporation and Sony Entertainment, which seems to be a good decision from the company considering his successful background. Nevertheless, there are any other important candidates as former Fox chairman and CEO Jim Gianopulos, and Tribune Media president-CEO Peter Liguori.
3 Important Things You Need To Know About Nokia New Smartphones
Nokia is back in the smartphone industry with its latest devices that offer a variety of specs and features.
Galaxy S8 And iPhone 8 Could Be The Flagships With The Highest Level In Water Resistance
Although many believe that this is an unnecessary luxury, the Samsung Galaxy S8 and iPhone 8 are said to boost its highest level in water resistance because of the Chinese smartphone´s arrival to the market.
Could Apple Kill The iPhone After Its Last Flagship?
Although the iPhone has been one of the most outstanding products in Apple´s history, the mobile device is getting near to the moment in which it could become obsolete and lose its greatness.
Sony Xperia XZ1 Compact Leaked Renders Reveal Familiar Design
The Sony Xperia XZ1 Compact leaked in the new set of live images, revealing the device's details.
Google Offered $30 Billion To Purchase Snapchat
Google floated an offer of at least $30 billion to buy Snapchat.
MORE IN ITECHPOST
FonePaw Screen Recorder Review - Collaboration Made Easy
With today's technology, it is far easier to collaborate from the comforts of our own homes. Working remotely is common. People are making a career without having to leave their properties and spending all day in an office.
How Do Personal Emergency Response Systems Work?
Personal emergency response systems, known as PERS for short, are systems that help people to raise the alarm and get immediate help when a medical or personal emergency occurs. They are ideal for older people and anyone with a mobility issue or an injury or illness that can cause falls.
How to Download Free Android Emulator for Gaming on PC?
Are you looking to play Android games on PC with the help of the best Android emulator? There are numerous types of online platform which provide user friendly access and support for the interested communities to get immediate access to install their best recommended Android applications.
Netflix is Raising Prices, Here’s How it Now Compares to Other Streaming Services
Once a brand gains the trust and loyalty of its market, it is only logical that it attempts to flex its dominant muscle. Such is the tale that fits the recent price hike coming from the stable of Netflix. Having baited consumers into believing that streaming, and not cable subscription, is the right way to go, Netflix has now decided to drop its own form of a bombshell on consumers in the form of price increment. The news, which was announced earlier this year, detailed that Netflix would be raising prices across all of its plans by 13 to 18 percent.