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Public Assembly Against Bezos' Wedding In Venice
“No Space For Bezos” banner on the Rialto Bridge (Stefano Mazzola/Getty Images)

To some locals, Jeff Bezos’ Venice wedding is a symbol of what’s draining their city

Venice now hosts more tourists than residents on most days.

Amid a wider wave of anti-tourist sentiment in Europe, the spotlight is set to fall on Venice this week as Jeff Bezos and Lauren Sánchez tie the knot in Venice in a multiday celebration — reportedly involving a handful of celebrities, historic venues, and a fleet of water taxis.

But not everyone is in a celebratory mood.

Last week, local protesters rallied in town squares and hung “No Space for Bezos” banners from the iconic Rialto Bridge. Some criticized Amazon’s impact on local businesses, while others pointed to Bezos’ ties to President Trump and his trade policies. For most, however, the wedding is about the long-simmering problem of overtourism, which has flooded the city’s iconic waterways with Instagram-snapping day-trippers, slowly pushing its own residents out.

Venice residents
Sherwood News

According to the Municipality of Venice, the population in its historic center has steadily dropped, now below 50,000 and just above a quarter of its 1950 peak. The exodus began during Italy’s postwar economic boom, when locals left for more modern amenities on the mainland.

However, the outflow has only accelerated in recent decades as local industry faded and tourism took over, reshaping Venice into a city built for outsiders: housing is being squeezed by the rise of short-term rentals — Airbnb listings now top 8,300 — and basic services like grocery stores and clinics have given way to souvenir shops. In 2024, ~75,000 visitors entered the historic center daily, far outnumbering residents.

To control the growing traffic, the city introduced a €5 day-tripper fee last year, doubling it to €10 for late bookings in 2025 — but critics say it’s done little to ease crowding. Meanwhile, city officials have defended the Bezos wedding, suggesting its high-profile guests could spend more and support local vendors better than the average tourist.

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Netflix climbs ahead of “Stranger Things” streaming premiere amid reports it is ramping up its efforts to acquire WBD

The final season of Netflix’s tentpole franchise “Stranger Things” debuts on the streamer at 8 p.m. ET on Wednesday, and its stock appears to be safely out of the upside down.

Netflix is trading up about 2% on Wednesday, on pace for one of its better days in the past three months. The stock has closed up more than 3% only a dozen times this year.

Potentially boosting investor optimism is a New York Post report from Tuesday evening that the streamer has ramped up its efforts to acquire Warner Bros. Discovery. According to the Post, Netflix has made a case to the WBD board that antitrust concerns may not be warranted because Netflix competes not just with other streaming companies but with a larger pool of content providers, such as YouTube and TikTok. If Netflix’s legal team is right, the idea could pave the way for the world’s largest streamer by subscriber count to buy the fourth-largest.

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