Tag Archives: Media

It’s only three months into 2022, and some pure-play media companies are having a terrible year. How terrible? Losing-half-market-cap bad. Shares of Netflix are down a startling 67% year to date, pressured by another disappointing quarter for subscriber growth and a weak outlook. The streaming giant is now in cost-cutting mode — Meghan Markle’s animated series ‘Pearl’ is now off — in an effort to boost profits with its top line slowing. “Netflix is a growth company, but no longer a premium… Source link

Yandex, often considered Russia’s equivalent to Google, has agreed to sell its media arm to VK (VKontakte), the company known as Russia’s Facebook. The news aggregator service Yandex News, and the blogging platform Zen are being sold for undisclosed sums to the social media company, as a result of Russia’s invasion of Ukraine, according to TechCrunch Both platforms have been accused of spreading Russian propaganda and blocking true reporting of the war, putting Yandex at risk of sanctions.

In further fallout from Russia’s invasion of Ukraine, Yandex, the company that’s sometimes referred to as the ‘Google of Russia,’ has signed a term sheet to sell its media division to VKontakte (VK), aka the local Facebook equivalent. Yandex confirmed it has signed a term sheet to divest its news aggregator (News) and blogging/infotainment platform (Zen) with VK today. But it declined to provide further detail on the transaction that’s been agreed with VK, including financial… Source link

In further fallout from Russia’s invasion of Ukraine, Yandex, the company that’s sometimes referred to as the ‘Google of Russia,’ has signed a term sheet to sell its media division to VKontakte (VK), aka the local Facebook equivalent. Yandex confirmed it has signed a term sheet to divest its news aggregator (News) and blogging/infotainment platform (Zen) with VK today. But it declined to provide further detail on the transaction that’s been agreed with VK, including financial… Source link

This week at the 2022 NAB Show Streaming Summit, Google launched in general availability Media CDN, a platform for delivering content using the same infrastructure that powers YouTube. With a presence in over 1,300 cities across 200 countries, Google says that Media CDN is designed to — in the company’s words — “automate all facets” of “serving content [close to users].” The pandemic led to an explosion in demand for streaming content as business… Source link

Yichuan Cao/NurPhoto via Getty Images Twitter officials are expected to meet Sunday to re-examine Musk’s offer to buy the company, WSJ reported. The company last week filed a shareholder rights plan or “poison pill” to prevent a hostile takeover by Musk. The Tesla CEO confirmed $46.5 billion in financing from banks and other entities in a regulatory filing earlier this week. Twitter is reportedly reconsidering Elon Musk’s bid to purchase the social platform, The Wall Street Journal… Source link

Two of Russia’s largest search engines have removed results for Facebook, Instagram and several independent news websites after authorities blocked or declared them “extremist.” Meduza, Mediazona, Deutsche Welle, Current Time, Kholod, The Insider and other news outlets that have been providing independent coverage of Russia’s invasion of Ukraine were also removed from search results. Yandex and VK-owned Mail.ru said Monday they have stopped giving out the search results… Source link

Two of Russia’s largest search engines have removed results for Facebook, Instagram and several independent news websites after authorities blocked them or declared them “extremist” amid Moscow’s invasion of Ukraine. Meduza, Mediazona, Deutsche Welle, Current Time, Kholod, The Insider and other news outlets that have been providing independent coverage of the invasion have been removed from search results. Yandex and Mail.ru-owned VKontakte said Monday they stopped… Source link

Roll out the red carpet. “The Kardashians” is about to arrive. The new series, which will air on Hulu (DIS), is set to make its long-awaited debut on Thursday. Disney first unveiled its exclusive, multi-year deal with the family in December 2020. All five sisters — Kourtney, Kim, Khloe, Kendall and Kylie — along with mother Kris, will return to the small screen, in addition to a few new faces like Kourtney’s fiancé (and sort of husband) Travis Barker. “We’ve had so much time off, we’ve… Source link

NEW YORK–(BUSINESS WIRE)–Yahoo, the premier global media and technology company, today announced a partnership with Cross Screen Media, a tech firm specializing in optimized local TV and CTV ad planning and measurement, to enable more strategic planning, efficiency and measurement for advertisers ahead of 2022 midterm campaigns. Yahoo will also be Cross Screen Media’s first programmatic partner to utilize the company’s new measurement solution, ScreenImpact, which will enhance… Source link