Deloitte

Hollywood is staking its future on digital streaming entertainment, but now that future looks increasingly like its being built on shifting sands. A new study predicts more than 150 million people will cancel a paid streaming subscription, like Netflix or Disney+, in the coming year, signaling greater financial uncertainty for studios looking to grow their subscriber bases.

American taxpayers are on the hook for the massive bill of $12 million in predominantly cost-cutting consultant fees amassed under the tenure of former U.S. Secretary of State Rex Tillerson who at times paid more than $300 an hour for consulting services, Politico has learned.