All’s not well in the land of BuzzFeed. The digital media company just fired about 100 staffers – roughly 7% of its workforce. The company is also planning some big changes to its monetization efforts, according to an announcement from CEO Jonah Peretti. (Indeed, most of the new layoffs hit BuzzFeed’s ad sales and business operations teams.) In a memo to staff, Peretti indicated that BuzzFeed will now expand its efforts to areas such as e-commerce and programmatic ad sales, as opposed to just native advertising. As part of the reorganization, BuzzFeed President Greg Coleman will vacate his position, though he’ll stay on as an advisor. The company’s drastic new measures aren’t terribly surprising: Earlier this month, the Wall Street Journal reported that the company is on track to fall 15 to 20 percent short of its 2017 revenue projections.
The Big 4 broadcast nets landed 4 of the top 5 spots in a survey asking connected consumers which network families they’d prefer in a 5-group skinny TV plan. NBCUniversal topped the list (48%), followed by Fox (41%), Disney/ABC (41%) and CBS (38%). “The value of their content is immense; top of mind for many […]
ABC soap General Hospital led the field with 26 nominations for the 45th Daytime Emmy nominations, followed by 25 each for NBC’s Days of Our Lives and CBS’s Young and Restless. Among networks, CBS and syndicated programming each scored 66 nods; Netflix nabbed 51.
IndyCar landed a new ride for 2019 and beyond, landing a deal with NBC Sports Group that will keep all races, qualifying, practices, and Indy Lights races on NBCU platforms beginning in 2019. The Indianapolis 500 and seven additional Verizon IndyCar Series races will now be broadcast annually on NBC, ending a long run on […]
The NFL’s draft board just got a lot bigger, with the league unveiling a new broadcast arrangement that will see NFL Network and FOX will team up to simulcast live coverage of Rounds 1-3 of the 2018 NFL Draft. Additionally, the league has expanded its partnership with ESPN/ABC whereby ESPN2 will supplement ESPN’s coverage of […]
Blizzard’s annual Heroes of the Dorm tournament booked its plans for this year’s National Championship, as 64 teams contend for the title. This year will see the Heroic Four shift its home to Blizzard Arena in Burbank on May 12, with casters Paul “InVerum” Todkill, Bron “TheSource” Mitchell, Albert “Halorin” Hailey III and Derek “DunkTrain” […]