- VidMob Raises $50 Million From Adobe, Shutterstock, Others
Search & Performance Marketing Daily, Laurie Sullivan - Tuesday, February 23, 2021
VidMob's business model this time around attracted an impressive group of investors. This round brings investments to nearly $100 million. ...
- Dentsu Reports $1.37 Billion Impairment Charge For 2020
MAD, Steve McClellan - Tuesday, February 16, 2021
The charge was disclosed in a full-year earnings report that also revealed details of a major restructuring of the company's Japan operations. ...
- Conde Nast Rent Dispute Highlights NYC Office Dilemma
Publishing Insider, Rob Williams - Friday, February 12, 2021
Advance Magazine Publishers Inc. refused to pay $2.4 million for January after asking for a reduction in rent and square footage, according to a Feb. 3 bond document. ...
- Movies About Stock-Market Scandals Spike On Streaming Networks
TV Watch, Wayne Friedman - Friday, February 5, 2021
After the Robinhood-Game Stop controversy, a number of popular Wall Street-focused movies saw big upticks in streaming rates. ...
- Robinhood Records Rising National TV Ad Spend
Television News Daily, Wayne Friedman - Friday, January 29, 2021
The biggest-spending networks for Robinhood in the last 30 days are ESPN, CNN, Fox News Channel, TNT and MSNBC. ...
- Real Media, TV Underperformers: Who Is Taking Stock Bets?
TV Watch, Wayne Friedman - Monday, February 1, 2021
After the GameStop fiasco, stock speculation takes a new turn. ...
- Will Barstool Sports Founder's Demand For Justice Be Heard?
Publishing Insider, Rob Williams - Friday, January 29, 2021
David Portnoy posted a four-minute rant and a flurry of tweets blasting the Robinhood app and hedge funds for rigging markets against small investors. ...
- AT&T Q4: HBO Max Activations Doubled, But Warner Bros. Revenue Fell 21%
Digital News Daily, Karlene Lukovitz - Wednesday, January 27, 2021
The simultaneous HBO Max/theatrical release of 'Wonder Woman 1980' helped pump up HBO Max, but theatrical and production revenues dropped. AT&T confirmed it will launch an AVOD version of Ma ...
- Taboola Aims For $2.6 Billion Valuation With SPAC Deal
Publishers Daily, Rob Williams - Monday, January 25, 2021
Proceeds will be used to expand Taboola's platform, which the company touts as a key money-making tool for publishers faced with growing competition from digital advertising giants. ...
- Group Nine's SPAC Kicks Off Public Trading
Publishers Daily, Rob Williams - Friday, January 15, 2021
The digital publisher whose brands include 'Thrillist', 'NowThis' and 'PopSugar,' effectively went public today as trading began on a blank-check company it formed last month. ...
- Report: Bustle Digital Group Hires Investment Firm To Explore IPO
Publishers Daily, Rob Williams - Monday, January 11, 2021
The digital publisher whose titles include 'W,' is exploring ways to become a publicly traded company. ...
- Media Cos. Stop Political Donations To Congressional Reps Who Voted Against Certification
Television News Daily, Wayne Friedman - Tuesday, January 12, 2021
The list of companies includes Comcast Corp., AT&T and Facebook. ...
- Early Outlook For Publishers As Democrats To Control Senate
Publishing Insider, Rob Williams - Thursday, January 7, 2021
Without Sen. Mitch McConnell (R-Kentucky) standing in the way of more stimulus to help lift the pandemic-battered economy, it's likely the Biden administration will spend more freely to speed recov ...
- Alden's Offer For Remaining Tribune Shares Is Too Low
Publishing Insider, Rob Williams - Monday, January 4, 2021
Alden is known for slashing companies to bits - but Tribune is already lean. And its stronger earnings demand a higher valuation. ...
- France Resumes Collecting Digital Taxes From Google, Others
Around the Net in Search Marketing, Laurie Sullivan - Wednesday, December 30, 2020
France has resumed collecting digital taxes on big tech companies like Google. Earlier this year, France and a few other European countries agreed that tech companies should pay more tax ...
- Discovery Inc. Takes Bigger Stake In OWN, Winfrey Swaps Shares For Parent Co.
Television News Daily, Wayne Friedman - Thursday, December 24, 2020
Discovery, which launched the Oprah Winfrey Network in 2011, now owns 95% of the network -- up from a 74% stake. ...
- How Much Do Amazon, Facebook, Google Employees Donate Annually To Charity?
Search & Performance Marketing Daily, Laurie Sullivan - Wednesday, December 2, 2020
The tech giants' employees are known to make extravagant salaries, with some making more than $1 million annually with bonuses and perks. But much do they donate annually to char ...
- WPP Moves To Take Full Control Of Its Australasia Operations
Mediapsssst, Richard Whitman - Tuesday, December 1, 2020
WPP AUNZ was formed in 2016 with the merger of STW Group, then Australia's largest ad/marketing group with WPP operations in the region. ...
- Gannett Refinances Debt, 'Oprah' Magazine Cuts 59 Staffers
Publishers Daily, Sara Guaglione - Wednesday, November 18, 2020
The refinancing leaves Gannett with about $1 billion left of debt. The loan financed the merger of GateHouse Media and Gannett last year. ...
- Comscore In Talks With 'Anchor Investor' To Reduce Debt
Television News Daily, Wayne Friedman - Tuesday, November 10, 2020
Financially troubled media measurement company Comscore says it is in advanced talks with an "anchor investor" to help it reduce debt. Comscore's long-term debt was $199.1 million on 2019, growi ...
- Bloomberg Media Starts Expanded Business News Streamer, Bloomberg Quicktake
Television News Daily, Wayne Friedman - Sunday, November 8, 2020
Jumping on the sharp rise of overall news consumption via traditional TV media and new streaming platforms, business-focused Bloomberg Media will launch a 24-hour/7 day-a-week business news streaming network wi ...
- Dentsu Undergoes Transformation To Weave Automation, AI Into Global Processes
Data & Programmatic Insider, Laurie Sullivan - Monday, November 2, 2020
Dentsu is teaching employees to build virtual assistants that do repetitive tasks, freeing employees up to focus on more creative tasks that drive better business results for the agency. ...
- What Boycott? Facebook Ad Revenue Up 22% In Q3, Active Advertisers Up By 1M Since July
Digital News Daily, Karlene Lukovitz - Friday, October 30, 2020
Further, Facebook expects its Q4 ad revenue growth rate to exceed Q3's. ...
- SiriusXM Gains 169,000 Subs In Q3; Net Income Up 11%, Despite Ad Decline
Digital News Daily, Karlene Lukovitz - Monday, October 26, 2020
The audio service's ad revenue declined 23.5%, but subscriber revenue rose 26.7% as it gained another 169,000 subscribers -- and raised its projected year-end sub gain to 800,000, from 500, ...
- Insider Bid For 'Morning Brew' Shows Power Of Email Inbox
Publishing Insider, Rob Williams - Thursday, October 15, 2020
'Morning Brew' is a business media publisher that's actually growing revenue and adding staff. ...
- Twitter Poised To Benefit From U.S. Brand Advertising Resurgence: Analyst
Digital News Daily, Karlene Lukovitz - Tuesday, October 13, 2020
Twitter's reliance on national advertising has held back its revenue growth during the pandemic, but that will change as tentpole sports events and a robust schedule of TV and mov ...
- Bloomberg Creates 'Wealth' Vertical On Personal Finances
Publishers Daily, Sara Guaglione - Tuesday, September 29, 2020
'Wealth' organizes content around six main topics: Wealth Management, Pay, Billionaires, Art, Risk and Taxes & Policy. ...
- The OpenX CFO Who Is Stuck On Performance
Search & Performance Marketing Daily, Laurie Sullivan - Monday, September 28, 2020
Defining money management as "risk and reward," OpenX CFO Mark Liao is focused on the finances of the business -- what the company spends, what it gets back, planning f ...
- Activist Investor Trian Now Has $900 Million Comcast Stake: Report
Digital News Daily, Karlene Lukovitz - Tuesday, September 22, 2020
With a 0.4% stake, the hedge fund is betting that Comcast is undervalued, and is now having "constructive discussions" with Comcast management, per WSJ and other reports. ...
- Americans Put Environment Ahead Of Economic Concerns, Say Brands Should Be Responsible For Addressing It
MediaDailyNews, Joe Mandese - Tuesday, September 22, 2020
Environmental angst is becoming so acute among American consumers that 59% now believe it should not take a back seat to economic security. ...
