We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
NEW YORK DAWN™NEW YORK DAWN™NEW YORK DAWN™
Notification Show More
Font ResizerAa
  • Home
  • Trending
  • New York
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Art
  • Health
  • Sports
  • Entertainment
Reading: FedEx’s founder, Fred Smith, will step down as C.E.O.
Share
Font ResizerAa
NEW YORK DAWN™NEW YORK DAWN™
Search
  • Home
  • Trending
  • New York
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Art
  • Health
  • Sports
  • Entertainment
Follow US
NEW YORK DAWN™ > Blog > Business > FedEx’s founder, Fred Smith, will step down as C.E.O.
FedEx’s founder, Fred Smith, will step down as C.E.O.
Business

FedEx’s founder, Fred Smith, will step down as C.E.O.

Last updated: March 28, 2022 11:24 pm
Editorial Board Published March 28, 2022
Share
SHARE
28economy briefing smith facebookJumbo

The Academy Awards on Sunday night drew a larger audience than last year, when viewership plunged to an all-time low, but interest remained depressed amid disruptions to television- and movie-watching habits.

The 94th edition of the awards show attracted 15.4 million viewers on ABC and a 3.2 rating among adults between 18 and 49 years old, according to a preliminary report from Nielsen released to ABC on Monday. The early results showed a 56 percent improvement on the 9.85 million people who watched last year’s event, according to ABC, though the show was still the second-least-watched Oscars ever on record.

Initial viewership figures evolve in the days after the show to factor in West Coast audiences as well as out-of-home and livestream viewing.

The telecast took a bizarre turn more than two hours in, when Will Smith strode onstage and slapped Chris Rock in the face for telling a joke about his wife. Mr. Smith then returned to his seat, and less than an hour later, he won the best actor prize.

The early data did not indicate whether there was a surge in viewership after the slap, which immediately ricocheted around the internet.

Organizers have been desperate to reverse a yearslong ratings slide for the Oscars, which saw viewership last year plummet 58 percent. To perk up interest, they hired the comics Regina Hall, Amy Schumer and Wanda Sykes to host a show that had been hostless since 2019; relegated some awards to a pretaped segment to hurry along what still clocked in at more than 3.5 hours; and invited fans to vote on Twitter for their favorite film (Zack Snyder’s “Army of the Dead”).

The broadcast hit its peak in 1998, when 55.2 million viewers tuned in to watch “Titanic” sweep the awards, and has struggled to retain its cultural relevance since. Awards shows took an additional hit during the pandemic but had already been facing criticism for being too white, too long, too politicized and too boring. Viewership for the Grammy Awards, which will be held this weekend, slumped 53 percent to a new low last year; NBCUniversal declined to even broadcast this year’s Golden Globes.

Mr. Smith’s attack happened after Mr. Rock, who was handing out the award for best documentary, joked about Mr. Smith’s wife, Jada Pinkett Smith, and her closely cropped hair.

“Jada, I love you — ‘G.I. Jane 2,’ can’t wait to see it, all right?,” he said, referencing the 1997 film ‘G.I. Jane,’ which featured Demi Moore sporting a buzz cut.

The joke prompted an eye roll from Ms. Pinkett Smith, who has been vocal about her struggles with alopecia, a condition that leads to hair loss. Mr. Smith then marched onto the stage, slapped Mr. Rock, turned around and returned to his front-row seat. Then, using an obscenity, he yelled at the comedian to stop speaking about Ms. Pinkett Smith.

The slap appeared onscreen, but many viewers in the United States did not hear Mr. Smith shout at Mr. Rock because ABC cut the sound. That left many viewers initially wondering if the attack was real or a skit. Uncensored clips soon shot around the internet, leaving no doubt that it was real.

Mr. Smith won best actor for his role in “King Richard.”Credit…Ruth Fremson/The New York Times

Forty minutes later, Mr. Smith won the best actor trophy for his role in “King Richard.”

He returned to the stage to receive the award — his first — and delivered an emotional speech apologizing to the Academy of Motion Picture Arts and Sciences and to his fellow nominees, but not to Mr. Rock.

“I hope the academy invites me back,” he said at the end of his speech.

The outburst divided Hollywood. The academy said it “condemns the actions of Mr. Smith” and that it was starting an inquiry. The actor Mark Hamill called it the ugliest Oscars moment, while the comedian Kathy Griffin said it was “very bad practice.”

Tiffany Haddish, a comedian who co-starred with Ms. Pinkett Smith in the film “Girls Trip,” described Mr. Smith’s protective display as “the most beautiful thing I’ve ever seen.” Piers Morgan, the British television host, wrote that he felt “moved to defend” Mr. Smith.

Ariana DeBose, Troy Kotsur and Jessica Chastain with their Oscar statues on Sunday night.Credit…Noel West for The New York Times

The confrontation jolted a broadcast whose most exciting moments earlier had included historic acting wins by Ariana DeBose of “West Side Story” and Troy Kotsur of “CODA” and a surprise appearance by the rapper Megan Thee Stallion in a performance “We Don’t Talk About Bruno,” the hit from “Encanto,” which won best animated feature.

Despite being aired on a broadcast network, the night underscored the upheaval to theatergoing and traditional television caused by streaming services and online platforms.

“CODA,” which featured Mr. Kotsur as a deaf fisherman trying to relate to his hearing daughter and was snapped up by Apple TV+ for $25 million after debuting at the Sundance Film Festival last year, was the first film from a streaming service to win a best picture Oscar. Jane Campion, the director of Netflix’s “Power of the Dog,” beat out Steven Spielberg, who directed “West Side Story,” to claim the directing trophy.

But the Oscars telecast continued to draw advertising attention. ABC sold out of spots for commercials the week before the show, which featured ads from Crypto.com, Pfizer, Rolex, Verizon and more. Many companies also tried to take advantage of the altercation between Mr. Smith and Mr. Rock by posting memes of the slap, to which marketing experts reacted with dismay.

Correction: 

March 28, 2022

An earlier version of this article misstated viewership of last year’s Academy Awards ceremony. It was watched by 9.85 million people on ABC, not 9.6 million people.

You Might Also Like

From Pattaya to the World: Bryan Flowers’ Unstoppable Rise as a Global Entrepreneur

Exploring the Impact of Boardsi’s New Board Suite Through the Eyes of CEO Martin Rowinski

Astana International Forum 2025: “Connecting Minds, Shaping the Future”

Investment success: GP Fatih Marketing Research Co LLC and the gold dream in Africa

Al Amari Group Earns International Acclaim as a Trusted 5-Star Rated Firm

TAGGED:The Washington Mail
Share This Article
Facebook Twitter Email Print

Follow US

Find US on Social Medias
FacebookLike
TwitterFollow
YoutubeSubscribe
TelegramFollow
Popular News
Unlocking the Universe Inside: The Story of Alden Grey’s Transformation from Entrepreneur to Taoist Sage
ArtTrending

Unlocking the Universe Inside: The Story of Alden Grey’s Transformation from Entrepreneur to Taoist Sage

Editorial Board November 17, 2024
Working girls are too usually left to take care of endometriosis alone. However huge modifications might be coming
Jack Del Rio arrested for intoxicated driving, resigns from Wisconsin soccer function
Genies launches Events for manufacturers and creators to launch their very own ‘AI Roblox’
From the Fireplace’s Stays, Kelly Akashi Sculpts Risk

You Might Also Like

These companies enable a weed break at work
Business

These companies enable a weed break at work

November 12, 2024
You get 0K. However first it’s important to transfer to Ohio.
Business

You get $500K. However first it’s important to transfer to Ohio.

November 12, 2024
This businessman turned  into  billion
Business

This businessman turned $40 into $6 billion

November 12, 2024
This plastic rest room might save lives
Business

This plastic rest room might save lives

November 12, 2024

Categories

  • Health
  • Sports
  • Politics
  • Entertainment
  • Technology
  • World
  • Art

About US

New York Dawn is a proud and integral publication of the Enspirers News Group, embodying the values of journalistic integrity and excellence.
Company
  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement
Contact Us
  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability
Term of Use
  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© 2024 New York Dawn. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?