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With TV ad commitments plummeting, the advertising business may never look the same

15.05.2020

Miley Cyrus and Alicia Keys during the 2016 NBCUniversal Upfronts Paul Drinkwater | NBCUniversal | NBCU Photo Bank | Getty Images This week traditionally marks the TV Upfronts, when broadcast …

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Media

Magazine giant Conde Nast to lay off roughly 100 US employees

13.05.2020

Roger Lynch Adam Galica | CNBC Magazine publisher Conde Nast is laying off nearly 100 U.S. employees and furloughing 100 more as the coronavirus pandemic continues to hit the media …

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Media

Media companies expect a tough quarter for TV advertising, with no live sports and spending delayed

08.05.2020

Bob Bakish, CEO, Viacom Scott Mlyn | CNBC As TV networks start to run out of content to air and big advertiser draws like live sports are tabled, those companies …

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Media

Pop radio in decline, streaming on the rise: How the coronavirus is changing what we listen to

29.04.2020

Taylor Swift accepts the Artist of the Decade award at the 2019 American Music Awards show in Los Angeles, November 24, 2019 Mario Anzuoni | Reuters As the coronavirus pandemic …

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Media

Hollywood’s small businesses in crisis as coronavirus shuts everything down

25.04.2020

Hollywood may be known for its big studios with thousands of employees and giant sound stages. But of the 5,900 businesses in Hollywood, 99.5% have less than 500 employees, and …

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Media

Online education company Coursera offers unemployed workers thousands of free courses

24.04.2020

Eddie Rodriguez (R) and other City of Hialeah employees hand out unemployment applications to people in their vehicles in front of the John F. Kennedy Library on April 08, 2020 …

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Media

NBCUniversal’s Peacock has a buffer against ad slowdown with launch partners — here’s why they signed up

21.04.2020

Sample of a Peacock “Trending Ad.” NBCUniversal The advertising market is taking a hard hit, but NBCUniversal’s streaming service, Peacock, is entering the streaming space with a stable of heavy-hitting …

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Media

Why Disney is furloughing workers and the other media giants aren’t

21.04.2020

On Monday, Disney began furloughing workers, temporarily stopping pay to as many as 100,000 workers, according to an estimate by the Financial Times. (Disney won’t comment on the number of furloughs). …

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Media

Analyst sees the ‘best of times and the worst of times’ for video streaming services

15.04.2020

As Americans are hunkered down at home and consuming more content, one analyst says the current situation “bodes really well” for NBCUniversal’s new video streaming service, Peacock. “You see in …

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