A writer’s strike would make streaming’s stock market problems worse: Writer and producer pay has fallen 23% in 10 years despite record profits, but streamers are hesitant to spend.
YouTube TV launches multiview: Feature enables sports fans to watch up to four streams simultaneously in another shot at Hulu.
Cord-cutting killed the regional star: That, plus streaming, has led to DIamond Sports Group’s Chapter 11 filing.
The gap between H&M and Inditex is getting wider: While Inditex records record profits, H&M veers toward a Q1 operating loss. (This article was written with the assistance of ChatGPT.)
Luxury retailer Cucinelli expects its revenues to rise 15% this year: That’s a three percentage point jump from its previous outlook as it is increasingly optimistic about its ability to expand into new markets.
Google quickens its pace in the generative AI race: Playing catch-up to generative AI rivals, it unveils enterprise and developer offerings this week. Performance and consumer privacy trump release timelines.
Crypto-friendly Swiss banks have given them a lukewarm welcome, and other banks have offered only limited services. This might be exactly what regulators want.
In the wake of SVB’s sudden downfall, more stringent regulation looks likely, including reviews of the threshold for stress testing.
Their deposits are safe, but they still have to find new lenders to park their cash. Some firms are steering clear—but others smell an opportunity.
Wix’s merchants can benefit from stronger fraud detection capabilities as card-not-present fraud risks increase.
Meta announces a new round of layoffs, saving the company $3 billion: The social giant is discontinuing support for NFTs and killing other projects due to declining revenue projections.
Creator funds and revenue sharing could soften the influencer-marketer conflict: Almost half of marketers think they’re overpaying influencers, while influencers complain about lackluster pay.
Retail sales rose 6.4% in the first two months of 2023: While growth slowed in February, consumers continued to spend.
By 2026, US spending on ecommerce channel ads—a large subset of retail media—will be more than triple its 2020 level, per our forecast. Within the ecommerce channel, both search and display advertising are growing rapidly.
“Let it be okay to also ask dumb questions, because there aren’t any.” That’s ThredUP CMO Noelle Sadler Delory’s advice for building a marketing team that understands creative, metrics, and its customer holistically. Delory and the CMOs of Marine Layer and Fernish also advocate for breaking down silos between performance and brand marketers so everyone understands the same metrics and speaks the same language.
Grocery prices are up 10.2% YoY: While prices remain elevated, they have now decelerated for six straight months.
After a spring lineup of hits, Warner Bros. Discovery’s management of HBO will be tested: The network is currently coasting on pre-merger hits, but the future looks uncertain.
YouTube is the preferred podcast platform among US listeners of this medium, according to Morning Consult. Spotify takes second place, followed by Apple Podcasts and Pandora.