Bloomberg on duopoly, F1 TV dissected and change at Oath?

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March 8, 2018
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The Drum
 

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.

 
Bloomberg chief says pendulum of media dominance is swinging away from Facebook and Google

Bloomberg chief says pendulum of media dominance is swinging away from Facebook and Google

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 MD Ellie Norman talks rebrand, going OTT and its first-ever marketing team

Formula One MD Ellie Norman talks rebrand, going OTT and its first-ever marketing team

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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Oath CMO hints at more changes ahead: 'This is the internet, nobody is ever done'

Oath CMO hints at more changes ahead: 'This is the internet, nobody is ever done'

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 on getting chatbots to fight its battles for reader loyalty

Quartz on getting chatbots to fight its battles for reader loyalty

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 UK taps former BuzzFeed head of news curation Andy Dangerfield

HuffPost UK taps former BuzzFeed head of news curation Andy Dangerfield

HuffPost has bolstered its senior news team with the appointment of BuzzFeed alumnus Andy Dangerfield.

 
NME culls print mag, blames production costs and 'tough' print advertising market

NME culls print mag, blames production costs and 'tough' print advertising market

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.

 
The Onion warns 'ungrateful prick' readers to 'Click The Fucking Link' in ad plea

The Onion warns 'ungrateful prick' readers to 'Click The Fucking Link' in ad plea

The Onion has launched an honest and amusing tirade about its funding model, telling readers to stop just reading the headlines.

 
Associated Press will identify and debunk fake US midterm election news stories on Facebook

Associated Press will identify and debunk fake US midterm election news stories on Facebook

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...

 
BBC Three set for £10m cash injection for content that 'celebrates young people'

BBC Three set for £10m cash injection for content that 'celebrates young people'

The BBC has put its weight behind BBC Three with a £10m cash injection set to fund new shows on the online-only channel.

 
How Bloomberg is increasing women's voices in its newsroom

How Bloomberg is increasing women's voices in its newsroom

For the third consecutive International Women's Day, Bloomberg Media has launched its Women's Voices campaign.

 
Facebook reels in ex BuzzFeed & Pinterest leaders in video push

Facebook reels in ex BuzzFeed & Pinterest leaders in video push

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.

 
James Pitaro named as new ESPN president

James Pitaro named as new ESPN president

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.

 
Former Tatler UK editor Kate Reardon takes over Luxx at The Times

Former Tatler UK editor Kate Reardon takes over Luxx at The Times

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.

 
John McCarthy

John McCarthy

John McCarthy is a reporter at The Drum. He tweets at @JohnGeeMcCarthy.

 
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