Australian ambassador to the U.S. Joe Hockey spoke to the FBI about the meeting between Trump campaign aide George Papadopoulos and High Commissioner to Britain Alexander Downer, in which Papadopoulos revealed that he knew that Russians had hacked Democrats' emails and had dirt on Hillary Clinton, the Sydney Morning Herald reported.
There's a wide world of streaming services beyond Netflix and Hulu. Which one(s) deserve your subscription dollars? We break it all down.
September 21, 2017 | Media Buying It's no longer news to say that Google and Facebook dominate the US digital ad market. But this year that supremacy is exceeding expectations, according to eMarketer's latest digital ad spending forecast.
What these projects all have in common, though, is that they are free or mostly free, with business models that are dependent on advertising revenue. And with the giant platforms Facebook and Google soaking up 89 percent of all new digital ads, as Ken Doctor reports at the Nieman Journalism Lab, there is virtually no likelihood that they will ever attain consistent profitability. Meanwhile, they subsist on vast seas of venture capital — and the investors who supplied that capital are beginning to realize that they may never get their money back.
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Mashable and Vice in particular had been valued at levels disproportionate to their revenues, partly on the hope that online video ads would prove lucrative for publishers in a way that online display ads have not. That hope appears to have been misplaced.
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Even if the government does take real action against Big Tech, it’s not assured that the result will be to make its constituent firms any smaller or less influential. Franken, for instance, suggested in a speech that platforms such as Google and Facebook be treated more like utilities, applying principles analogous to net neutrality. That would constrain their actions, certainly. But Foer points out that the long-term result might be to further entrench them as, essentially, government-sanctioned monopolies. In the meantime, even with the public relations beating it’s taking, Big Tech is only getting bigger—and richer.
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the biggest American internet companies — Amazon, Apple, Facebook, Google and Microsoft — “control much of the online infrastructure, from app stores to operating systems to cloud storage to nearly all of the online ad business.”
Meanwhile, most American homes and smartphones connect to the internet through a “handful of broadband companies — AT&T, Charter, Comcast and Verizon, many of which are also aiming to become content companies, because why not.”
Refinery29 has pink-slipped 34 employees, with the digital media player citing a "challenging" advertising environment for the layoffs. The New York-based company said the cuts represent 7.5% of its workforce, leaving it with around 420 employees worldwide. Refinery29 targets young female audiences with a mix of news, lifestyle, and video content.
The case against the venture capital craze for content - Digiday
Mar 28, 2014 - Last year marked a major shift in venture capital interest back toward media companies, which investors have traditionally shunned. And for fast-growing digital media companies, it's hard to resist the allure of venture capital. Publishers like Vox Media and BuzzFeed raised over $330 million across 60 deals ...
VCs Take the Media - The Baffler
Still, even with its new name and mounting investor interest, Blumberg's company is a notional, if not strictly fictional, creation. It doesn't quite exist ... Venture capitalists have decided that there's money to be made in media, or at least in starting media companies—a fact that should concern us all. Blumberg's efforts also ...
Why venture capitalists are suddenly investing in news — Quartz
Mar 12, 2014 - Media organizations are hiring again. Promising young reporters are leaving stalwart publications for new newsrooms. And venture capitalists are pouring millions into nimble publishing startups. It's a rare moment of optimism for an industry accustomed to doom and gloom. “When we started, investors did ...
Why Is Every VC Suddenly Obsessed With Content Marketing?
Jul 7, 2015 - In the VC world, content is the new Uber. ... From big names to brand new firms, former CEOs to career investors, everyone in venture capital seems hot to publish. How do I know this? ... I was leading content at HubSpot at the time and had worked in digital media for both Google and a local startup.
17 Venture Capital and Angel Investors to Follow on Twitter | Inc.com
Feb 5, 2015 - Follow these super knowledgeable startup investors for insight and advice. ... Prior to his foray into venture capitalism, he was an entrepreneur himself and co-founded email marketing brand Sombasa Media (later acquired by About.com). Why follow Beisel: He often shares tweet-size startup tips based on ...
It's time for online media to pivot from advertising. - Slate Magazine
Nov 21, 2017 - As newspapers withered, digital media ventures—first Slate and Salon, then the Huffington Post, Gawker, Business Insider, BuzzFeed, Mashable, Vice ... Venture capitalists and big media investors rained cash on some of the most promising of these, sheltering them from market pressures in hopes that they ...
Mashable And The Challenge Of Venture-Funded Media | Thought ...
Apr 13, 2016 - The move follows the announcement of a $15MM venture capital infusion by Turner Broadcasting and friends, bringing total investment in the company to ... Digital media companies have disrupted their traditional counterparts, sucking up magazine readers and idle time, and doing so at a much lower cost.
Advice from VCs: Digital Content Investors Tell Us What They Look For ...
Jun 22, 2015 - If you were measuring by the size of the headline fonts, 2014 looked as if it were an inflection point for venture capital (VC) investment into the digital ... that can help migrate traditional publishers to the digital world-think CMSs, ad platforms, and mobile content solutions-then interest in the market has been ...
Six Myths About Venture Capitalists - Harvard Business Review
Well-known VC firms such as Kleiner Perkins and Sequoia have cultivated a branded mystique around their ability to find and finance the most successful young companies. Forbes identifies the top individual VCs on its Midas List, implicitly crediting them with a mythical magic touch for investing. The story of venture capital ...
[PDF]Top 12 Most Active Investors in the Digital Health 50+ Market - AARP
New digital health apps and wearable devices for the young get the lion's share of media attention. But entrepreneurs and investors investing with the 50+ market in mind are focusing on a big — and growing ... country's top venture capitalists are putting much of their digital health dollars toward the 50+ market. And our data ...
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You don't always hear the bubble burst. Often, it's more a gradual escaping of air, signaled by nothing more than the occasional queasy feeling you bat away: One house for sale on the block, oh well. Two, three-maybe just a robust market? Five, six, seven-and suddenly everyone's underwater and the sheriff is at your door.
“Advertisers are increasingly demanding more granularity in targeting capabilities to reach consumers,” said Monica Peart, eMarketer’s senior director of forecasting. “Google and Facebook have positioned themselves at the front of this demand curve by being the ad publishers with some of the best-in-class targeting abilities in the digital ad market. With Facebook being able to provide targeting based upon consumer interests and Google capitalizing on where those consumers have been through searches, both companies ensure their lead among digital ad publishers.”
doom for the once-booming digital media industry - digital media’s revenue problem - digital advertising