What Do Investors’ Actions Tell Us About Media’s Future?

Everybody has their own hot take on the media. The coldest eye likely comes from (or probably should come from) those who put their own money on the line. Publicly-traded media companies share a lot of mandatory financial information, but what drives the perspectives of those looking a bit further down the road, without the benefit of hindsight? What are venture capital funds or those seeking to raise new money in the media business most excited—and concerned—about today? And what might that suggest for the publishing world? In general, there's a lot of negative buzz about media by folks inside and outside the business. Conventional wisdom (surely you’ve seen it around) holds that there’s too much content out there; traditional media consumption is falling; digital advertising is damaged by a lack of transparency and standardized measurement; new business models are unsettled; the ad tech sector was way over-invested; and the FAANG companies (Facebook, Apple, Amazon, Netflix and Google) are sucking up all of the oxygen—not to mention the money. Certainly, there's a parade of scare stories for digital-native content companies, as Awesomeness was sold last year to Viacom for a price somewhere between $25–100 million, down from a $650-million valuation in 2016, Bustle Digital Group purchased Mic for $5 million (down from a $100-million valuation a year earlier) and Vice Media’s valuation has deflated from $5.7 billion to around $4.9 billion in little more than a year. Yet... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-04-04 00:00:00 UTC ]
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Executive decision: Lachlan Murdoch turns back on media inquiry to reopen Fox News | The Weekly Beast

News Corp co-chairman declines Senate communications committee invitation. Plus: Daily Telegraph names and shames ‘index case’Lachlan Murdoch will be en route to reopen Fox News offices in Los Angeles on Monday when the Senate media inquiry reconvenes to consider YouTube’s temporary ban on Sky... Continue reading at The Guardian

[ The Guardian | 2021-09-03 03:21:06 UTC ]
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Wigtown Book Festival in £25k appeal to secure future

Wigtown Book Festival has launched a £25,000 fundraising appeal to help secure its future following the financial challenges of Covid-19.  Continue reading at The Bookseller

[ The Bookseller | 2021-08-31 11:52:47 UTC ]
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Nielsen audience measurement hiatus tests Media Rating Council relevance

Nielsen seems to be betting the industry will shrug off its loss of accreditation.  Continue reading at Advertising Age

[ Advertising Age | 2021-08-30 09:00:00 UTC ]
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Campaign urges action with days left before copyright consultation ends

Organisers of the Save Our Books campaign against changes to the UK’s copyright laws have called on supporters to make their voice heard before the government’s consultation ends on 31st August.  Continue reading at The Bookseller

[ The Bookseller | 2021-08-27 05:38:21 UTC ]
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Springer Nature Appoints a ‘Climate Action Officer’ for Sustainability

In the run-up to COP26, the Springer Nature Group creates a Climate Action Officer position as it works with the SDG Publishers Compact. The post Springer Nature Appoints a ‘Climate Action Officer’ for Sustainability appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-08-24 14:16:55 UTC ]
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Books in the Media: Lafarge's debut hailed as 'brilliantly unsettling'

Daisy Lafarge's Paul (Granta) came out on top as this week's most reviewed title, picking up mentions in the Guardian, Observer, Evening Standard, i, Irish Times, Scotsman, Independent, Telegraph and The Bookseller.  Continue reading at The Bookseller

[ The Bookseller | 2021-08-23 05:08:13 UTC ]
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Hodder snaps up Dylan’s ‘compulsive’ near-future SF novel

Hodder & Stoughton has acquired Mindwalker, a "compulsively page-turning" science fiction novel from Kate Dylan.  Continue reading at The Bookseller

[ The Bookseller | 2021-08-16 21:44:42 UTC ]
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‘Harder than I expected’: Confessions of a media employee on their experience returning to the office

A senior editor at a digital publisher had been looking forward to working from the company’s office but, with masks now required, has found there aren’t many reasons to go. The post ‘Harder than I expected’: Confessions of a media employee on their experience returning to the office appeared... Continue reading at Digiday

[ Digiday | 2021-08-16 04:01:00 UTC ]
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Media Rating Council Likely to Strip Nielsen’s Accreditation Next Week

The Media Rating Council, the third-party accreditation organization that checks Nielsen and other measurement firms' methodology, is likely to reach a decision about the status of Nielsen's national TV service early next week--and the industry is bracing for Nielsen's longstanding National TV... Continue reading at AdWeek

[ AdWeek | 2021-08-13 17:32:55 UTC ]
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Bestselling Author Gives Republicans Some Harsh Truths About Right-Wing Media

Don Winslow shows how the right is profiting off coronavirus disinformation: "They are laughing at how gullible you are." Continue reading at The Huffington Post

[ The Huffington Post | 2021-08-10 09:30:49 UTC ]
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Why two brothers are betting on creating new brands and e-commerce to grow their media company

Former Bonnier Corp. CEO Eric Zinczenko is the new COO/president of his brother David Zinczenko's company Galvanized Media. The post Why two brothers are betting on creating new brands and e-commerce to grow their media company appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-08-02 04:01:00 UTC ]
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Simone Biles, Naomi Osaka, and the media’s coverage of mental health in sports

Yesterday, during the women’s gymnastics team final at the Olympic Games in Tokyo, Simone Biles, of the USA, lost her bearings while performing a vault, and stumbled as she landed. Soon after, she left the venue, accompanied by a medical official; when she returned, it was only to watch her... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-07-28 12:41:18 UTC ]
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Ad Tracker Tool to Improve Advertisers’ Digital Media Carbon Footprint

As advertisers have been increasing their carbon impact through the growing use of digital advertising, one adtech business has developed a campaign in a bid to support their attempt to repair the damage. Good-Loop, has created an ad tracker, 'The Green Ad Tag', which can be run cross-platform... Continue reading at AdWeek

[ AdWeek | 2021-07-19 12:56:17 UTC ]
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Agencies’ latest DE&I initiatives aim to dig deeper into systemic challenges for diverse and minority media

Publicis, Nielsen and Havas Media all took steps to advance DE&I efforts in the last 24 hours. The post Agencies’ latest DE&I initiatives aim to dig deeper into systemic challenges for diverse and minority media appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-07-08 04:01:00 UTC ]
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Books in the Media: Kellaway goes straight to top of the class

This week, it was Lucy Kellaway's memoir Re-educated (Ebury) that caught the critics' attention, picking up mentions in the Observer, the Times, the Telegraph, the Daily Mail and The Bookseller.  Continue reading at The Bookseller

[ The Bookseller | 2021-07-05 06:34:13 UTC ]
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Books in the Media: Galgut's latest promises to be 'one of the best novels of the year'

Damon Galgut's The Promise (Chatto & Windus) came out on top in this week's reviews, with the twice Booker-shortlisted author picking up nods from the Guardian, Times and New York Times.  Continue reading at The Bookseller

[ The Bookseller | 2021-06-20 22:03:08 UTC ]
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Ventris says digital iteration of LBF is a sound investment for the future

Having assumed the reins at London Book Fair during one of the most testing times in its history, Andy Ventris is under no illusions as to the size of the challenge that lies ahead for the fair. Continue reading at The Bookseller

[ The Bookseller | 2021-06-18 22:15:17 UTC ]
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Davis extols virtues of cross-media agenting as Ki enters second decade

How would you pronounce Ki? When Meg Davis left MBA in 2011, after 25 years, to start her own agency, she was casting about for a company name that would work well on social media and that tripped off the tongue. She says: “I didn’t want to call it Meg Davis and Associates because I thought... Continue reading at The Bookseller

[ The Bookseller | 2021-06-18 18:15:49 UTC ]
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Books in the Media: Meghan, Duchess of Sussex sits comfortably in critic's picks

Last week, Meghan, Duchess of Sussex published her first children's book The Bench with Penguin Random House Children's. It picked up reviews from the Evening Standard, the Irish Times, the Telegraph, the Independent and the New York Times, making it one of the most reviewed new titles. Continue reading at The Bookseller

[ The Bookseller | 2021-06-13 20:19:26 UTC ]
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Bill Clinton and James Patterson are back in action — and still ridiculous

“The President’s Daughter” is the follow-up to the duo’s 2018 bestseller “The President Is Missing.” Continue reading at The Washington Post

[ The Washington Post | 2021-06-07 11:00:00 UTC ]
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