Tag: digital media

BuzzFeed has sold the studio behind the show "Hot Ones" to an affiliate of Soros Fund Management for $82.5 million. The sale is part of BuzzFeed's shift away from content-driven revenue to focus on high-margin, tech-enabled strategies like programmatic advertising…

Doug Shapiro’s essay highlights the creator media economy’s rapid growth, generating $250 billion in 2023 and projected to exceed $600 billion by 2030. This shift, driven by generative AI, changing consumer preferences for authenticity, and younger demographics, challenges traditional media,…

Bill Bradford, a veteran in digital media and technology with leadership roles at Fox, Hulu, and Beachbody, has joined Bitcentral's board of directors. Known for driving digital transformation, Bradford led Fox’s transition to streaming and spearheaded Beachbody’s shift to a…

Netflix has reached 70 million monthly users on its ad-supported tier, driven by affordable pricing and premium feature additions. Over half of new sign-ups in ad-enabled regions choose the ad tier, and Netflix expects ad revenue to surpass $3 billion…

Niara Simon-Hollis has been promoted to Head of Marketing at Tastemade, where she will oversee brand strategy to boost streaming growth, memberships, and engagement. She has led Tastemade’s global streaming expansion, achieving 40% growth and launching the brand’s first campaign,…

TheWrap reports that kids' TV ratings have plunged, with Nickelodeon and Disney Channel losing up to 90% of viewers. Kids are now shifting to streaming platforms like YouTube, which captures nearly 30% of young viewers, forcing studios to adapt to…

The Streaming Madman skewers Advertising Week 2024, mocking it as a self-congratulatory spectacle where the elite advertising community flaunts their tech obsession and AI fascination. He critiques the industry's shift from creative innovation to tech jargon, pointing out that CTV…

On the Most Innovative Companies podcast, Ryan Kaji's father discussed the evolution of Ryan’s World from a YouTube channel into a multimedia brand with over 37 million subscribers. Starting as a way to share family moments, the channel has grown…

Kirby dives into Chick-fil-A's unexpected entry into the streaming space, marking a bold move for a quick-service restaurant brand. The company is set to produce original, family-friendly, unscripted content, leveraging partnerships with established production companies like Glassman Media. This venture…

Generation X, accounting for over 40% of streaming watch time among Americans aged 50 and older, has become a key demographic in the streaming market. Streaming usage has grown by over 22% year-over-year, driven in part by this group’s increasing…