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Media News Update Facebook and Google could lose their grip on the media ecosystem according to the chief executive of Bloomberg Media Group. As the duopoly comes under civic, political, commercial and consumer scrutiny, there are signs the pendulum is swinging away from them predicts Justin B. Smith. Formula One has released a new streaming app called F1 TV, MD Ellie Norman shares how the service came to life and how it fits alongside the sport's current broadcast deals. Allie Kline, chief marketing officer of Oath, has lifted the lid on the company's first year of operation, telling onlookers to expect change. "This is the internet, nobody is ever done with anything, we are trying to shape a team that is comfortable with a very high degree of opportunity and change." Quartz has a solution to publishers' constant efforts to win audiences – the chatbot. It will soon release a chatbot on Facebook Messenger which it hopes will stoke reader loyalty. "Pointing to website is a battle you have to keep winning over and over again. Pointing to a messenger experience solves that problem and keeps the users engaged," said Zach Seward, vice president of product and executive editor at Quartz. Elsewhere, NME has closed its print offering with the most obtuse press release ever distributed. | | | |
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 | | | | The "pendulum" of power in global media has finally started to swing away from Google and Facebook in a signal that their domination of global media is not guaranteed, says the chief executive of Bloomberg Media Group. | | | | | |
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 | | | | Formula One has changed rapidly in just six months. Getting underway with a rebrand, it then opened its first ever marketing department and subsequently launched an over-the-top streaming service, managing director Ellie Norman shares her brand-building experiences. | | | | | |
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 | | | | Allie Kline, chief marketing officer of Oath, has hinted that there could be more acquisitions and partnerships to come at the company as it approaches its first year in operation. | | | | | |
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 | | | | Quartz is primed to launch a new Facebook Messenger bot that it thinks will win the loyalty of readers and ensure many returning visits and engagements with the brand. | | | | | |
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| | | HuffPost has bolstered its senior news team with the appointment of BuzzFeed alumnus Andy Dangerfield. | | | |
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| | | Friday's (9 March) edition of the NME will be its last in print, its parent company Time Inc has announced, citing increasing production costs and a the "tough" print advertising environment. | | | |
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| | | The Onion has launched an honest and amusing tirade about its funding model, telling readers to stop just reading the headlines. | | | |
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| | | The Associated Press (AP) announced that it will expand its collaboration with Facebook to "identify and debunk" false and misleading stories related to the US midterm election that are circulating on... | | | |
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| | | The BBC has put its weight behind BBC Three with a £10m cash injection set to fund new shows on the online-only channel. | | | |
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| | | For the third consecutive International Women's Day, Bloomberg Media has launched its Women's Voices campaign. | | | |
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| | | Facebook is sourcing outside talent to fast track its ambitions in video with the recruitment of the former head of BuzzFeed Studios to lead its global video content. | | | |
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| | | ESPN has named James Pitaro, formerly chairman of Disney Consumer Products and Interactive Media, as its new president and co-chair of Disney Media Networks with immediate effect. | | | |
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| | | The Times has appointed former Tatler UK editor Kate Reardon as editor-in-chief of its glossy magazine, Luxx, with incumbent Jeremy Langmead moving to become editor-at-large after nearly two years in charge. | | | |
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John McCarthy | | John McCarthy is a reporter at The Drum. He tweets at @JohnGeeMcCarthy. | | | |
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