Today’s news that the (failing?) New York Times reported net income of $55.2 million, after losses a year earlier — and that its digital business raked in $709 million — is just one indicator that some of the nation’s oldest media properties are finally crossing the bridge into the 21st century. The Times managed to turn […]
View More Profits at The New York Times show media dinosaurs are ruling the internetCategory: Vice Media
Spotify, eBay set standard for fertility benefits, study finds
FertilityIQ’s survey also indicates some companies implicated by the #MeToo movement improved their fertility benefits in 2018.
View More Spotify, eBay set standard for fertility benefits, study findsVice Media will lay off 10 percent of its staff
Vice Media plans to cut 250 jobs — about 10 percent of its total workforce. The Hollywood Reporter broke the news. When contacted by TechCrunch, a Vice spokesperson confirmed the story but declined to comment further. This comes after a brutal couple of weeks in the media business, as companies began the year with major […]
View More Vice Media will lay off 10 percent of its staffMeet the woman leading Accel’s consumer growth investments
Accel has hired Maya Noeth to lead its consumer growth investing efforts. The firm typically promotes from within; Noeth is its first outside hire in over two years.
View More Meet the woman leading Accel’s consumer growth investmentsIndia’s BookMyShow pulls in $100M to grow its online ticketing business
BookMyShow, an online ticketing service for cinemas, theatres and sports in India, has pulled in $100 million in new capital for growth. The Series D round was led by private investment firm TPG Growth and it included participation from undisclosed existing investors. BookMyShow, which is headquartered in Mumbai, has now raised a total of $225 million […]
View More India’s BookMyShow pulls in $100M to grow its online ticketing businessA+E exec Nancy Dubuc confirmed as Vice Media’s new CEO
Vice Media has announced that Nancy Dubuc is leaving her role as A+E Networks CEO and taking over as the digital media company’s chief executive. Co-founder and outgoing CEO Shane Smith will become executive chairman. Variety first reported yesterday that Dubuc was in talks for the job, with Disney and Hearst (A+E’s parent companies) confirming […]
A+E exec Nancy Dubuc confirmed as Vice Media’s new CEO
Vice Media has announced that Nancy Dubuc is leaving her role A+E Networks CEO and taking over as the digital media company’s chief executive. Co-founder and outgoing CEO Shane Smith will become executive chairman. Variety first reported yesterday that Dubuc was in talks for the job, with Disney and Hearst (A+E’s parent companies) confirming her departure. Dubuc already serves… Read More
A+E exec Nancy Dubuc confirmed as Vice Media’s new CEO
Vice Media has announced that Nancy Dubuc is leaving her role A+E Networks CEO and taking over as the digital media company’s chief executive. Co-founder and outgoing CEO Shane Smith will become executive chairman. Variety first reported yesterday that Dubuc was in talks for the job, with Disney and Hearst (A+E’s parent companies) confirming her departure. Dubuc already serves… Read More
As ad dollars erode, tech investments point the way forward for networks
There’s no doubt that linear advertising revenues are going to decline in the coming years for big networks. Squeezed by Facebook and Google on one side, and impossible consumer expectations created by Netflix, Amazon and other streaming services on the other, the idea of an ad-supported entertainment business is under siege. This chart from the analyst firm Moffet Nathanson shows just… Read More
Vice founders apologize for allowing a “boy’s club” culture at the company
Vice Media founders Shane Smith and Suroosh Alvi say they are “truly sorry” for not doing enough to stop inappropriate behavior at the company. In a public statement issued shortly before The New York Times published an article on Saturday that described multiple accounts of sexual misconduct by Vice employees, Smith, its chief executive officer, and Alvi said they are taking… Read More