The NBA finds itself caught between two cultures, after a tweet about Hong Kong protests sparked criticism from China that threatens the U.S. basketball league’s expansion efforts in its most important international market. The controversy erupted after Daryl Morey, general manager of the Houston Rockets, one of the most popular U.S. basketball teams in China, appeared to support Hong Kong demonstrators in a tweet late Friday. While the message was deleted and both Morey and the National Basketball Association tried to distance themselves from it, the damage reverberated across both China and the U.S. For the Chinese, the incident is seen as the latest example of a Western organization challenging the nation’s sovereignty over its territory. In the U.S., meanwhile, the NBA’s response was met with scorching bipartisan criticism from politicians including Senator Ted Cruz. The situation puts the league at risk of either offending fans in its biggest international market, or exposing itself to charges of kowtowing to China at the expense of American values. “Chinese Rockets fans are first Chinese. We love Chinese red more than Rockets red,” Kang Hui, an anchor for CCTV News Channel, said in a video on an official CCTV Weibo account. “Morey, this time you really fouled. If you foul, you have to pay the price.” Coveted Position At stake is a business that has been notching double-digit growth in China every year since 2008. The league has achieved the kind of success there... Continue reading at 'Advertising Age'
[ Advertising Age | 2019-10-07 16:50:17 UTC ]
The digital media company BuzzFeed successfully sold its food property, First We Feast, to a consortium of investors Thursday morning for $82.5 million, effectively solving the short-term financial crunch that it had been facing. But the spin-off still leaves BuzzFeed... Continue reading at AdWeek
[ AdWeek | 2024-12-12 20:17:14 UTC ]
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The digital media company Conde Nast laid off a number of its top executives, along with key events, social media, and editorial staff, in a targeted round of cuts Thursday evening, according to interviews with four current and former staff. A representative for the... Continue reading at AdWeek
[ AdWeek | 2024-12-05 23:23:59 UTC ]
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The digital media company BuzzFeed Inc., which owns BuzzFeed, HuffPost, and the properties Tasty and First We Feast, is facing a potential $124 million debt crisis related to funds it raised in June 2021 to finance its acquisition of Complex Media. According to the... Continue reading at AdWeek
[ AdWeek | 2024-12-04 11:00:00 UTC ]
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A new study led by a USF St. Petersburg researcher will track youth through 2050 to assess the long-term impacts of digital media use. Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2024-11-25 13:47:11 UTC ]
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Story showcasing text messages between Palestinian friends at start of Israel-Gaza war claims gong at 69th annual awardsGuardian Australia has claimed an award for innovation at the 69th annual Walkley awards for excellence in journalism.At the awards evening in Sydney on Tuesday, a team of... Continue reading at The Guardian
[ The Guardian | 2024-11-19 11:16:40 UTC ]
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The artificial intelligence firm OpenAI is paying the digital media company Dotdash Meredith a minimum of around $16 million per year to license its content, according to public financial documents from IAC, the parent company of Dotdash Meredith. The figure is a minimum... Continue reading at AdWeek
[ AdWeek | 2024-11-18 09:18:13 UTC ]
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The digital media firm Remezcla Media Group partnered with the National Football League Wednesday in a bid to help the league grow its Hispanic fan base and sponsorship offerings. The tie-up is the latest in a series of efforts from the NFL to expand its viewership by... Continue reading at AdWeek
[ AdWeek | 2024-10-23 12:00:00 UTC ]
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Meta has made it very clear to Australians that they do not value our journalism or our public interest mediaThe joint select committee on social media and Australian society tabled their interim report on Monday, recommending that the government explore alternative revenue mechanisms to... Continue reading at The Guardian
[ The Guardian | 2024-10-22 04:53:35 UTC ]
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Digital media firm G/O Media filed a lawsuit in Delaware court last month against Paste Media, according to public records obtained by ADWEEK. (ADWEEK) Continue reading at AdWeek
[ AdWeek | 2024-10-14 11:55:00 UTC ]
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The digital media firm G/O Media filed a lawsuit in Delaware court last month against Paste Media, according to public records obtained by ADWEEK. The lawsuit alleges that Paste Media breached the contract the two parties signed last year when Paste Media acquired the... Continue reading at AdWeek
[ AdWeek | 2024-10-11 18:17:58 UTC ]
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The digital media company Vox Media signed the YouTube creator Kenny Beecham to its podcast network Friday, part of a broader strategy from the company as it seeks to position its podcast portfolio as a multichannel offering that goes beyond audio. "As video has become a... Continue reading at AdWeek
[ AdWeek | 2024-10-11 13:47:00 UTC ]
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Online publication takes out two out of three nominations for digital media innovation, including interactive based around messages between friends in Gaza and US Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGuardian Australia... Continue reading at The Guardian
[ The Guardian | 2024-10-10 06:09:24 UTC ]
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Despite the entertainment industry having more streaming services than ever, Whoopi Goldberg and digital media veteran Larry Adams thought something was missing. That's where BLKFam comes in. Founded by Adams, BLKFam is a free, Black-owned, advertising-based... Continue reading at AdWeek
[ AdWeek | 2024-10-01 13:28:38 UTC ]
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The digital media company Vice relaunched its print magazine and debuted its first subscription product on Tuesday, part of a broader renaissance of the publisher following its May 2023 bankruptcy filing. The revival is the byproduct of a joint venture between Vice Media... Continue reading at AdWeek
[ AdWeek | 2024-09-24 13:00:00 UTC ]
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Can the industry save itself from short-term thinking, even if Google is dealt a blackened eye, or bloodied nose during a raft of government tussles? Continue reading at Digiday
[ Digiday | 2024-09-20 04:01:00 UTC ]
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Led by CTO Ely Greenfield, Adobe’s digital media business team takes this year’s top honors. Continue reading at Fast Company
[ Fast Company | 2024-09-10 11:00:00 UTC ]
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Vox Media is expanding its print offerings. This year, the digital media company is launching The Cut's first-ever Fall Fashion Issue. The Cut, part of New York Magazine, is competing for lucrative print ad dollars that fashion-focused publications like Vogue and... Continue reading at AdWeek
[ AdWeek | 2024-09-04 17:00:06 UTC ]
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Girls as young as 8 are turning up at dermatologists’ offices with rashes, chemical burns, and other allergic reactions to products not intended for children’s sensitive skin. When she was in fifth grade, Scarlett Goddard Strahan started to worry about getting wrinkles.By the time she turned... Continue reading at Fast Company
[ Fast Company | 2024-09-03 14:30:48 UTC ]
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GameStop is pivoting to retro games at select locations. As the industry moves to digital media — and the retailer struggles to adapt to the shifting landscape (including a short-lived stab at NFTs) — the company is betting on the old school. The GameStop Retro locations will stock physical... Continue reading at Engadget
[ Engadget | 2024-08-28 18:07:04 UTC ]
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