Month: August 2023

A former president, breakaway candidates and legal troubles have few precedents.

Simon & Schuster will operate as a a standalone private company.

Paramount Global slightly narrowed its Q2 D2C losses by 5%, while overall revenue grew 21% to $1.67 billion. Overall, Paramount Global slipped 2% to $7.62 billion — over-delivering on analysts’
projections of $7.43 billion. Company execs warn that Paramount+ is expected to lose 1 million subscribers in the next quarter due to legacy Latin American-based business deals ending.

Shake-ups continue as the challenged retailer looks to build on recent momentum and says it is gaining traction in a daunting turnaround effort.

U.S. media exposure is ‘pretty limited,’ Ogury determines based on client feedback.

OpenAI on Monday introduced GPTBot, a web crawler designed to collect publicly available data from the internet to train AI models. The company has developed a way for site owners to opt-out.

Publir is a publisher monetization platform and the person behind it is Anand Ramanujan. In the following Q&A, he explains Publir’s policies, business model and why some questionable publishers are
part of its client list.

Roku is way ahead of some other platforms. But don’t expect this lead to be maintained in the long term.

Penn said reductions — especially in media operations — have reduced Stagwell’s staff costs to 64% of revenue, but generative AI already is impacting both agency growth and processes.

Adweek’s Podcast of the Year Awards have rebranded to become the Adweek Audio Awards, and this year’s winners will be chosen by jurors from companies including Acast, Spotify, SiriusXM and Stitcher. Last year’s winners included creators such as Conan O’Brien, Jeremiah Zimmerman, Jon Stewart and Yeardly Smith. This year, the categories have been expanded to…