At BuzzFeed’s NewFront event in NYC, CEO Jonah Peretti tossed out some impressive numbers. Firstly, BuzzFeed sees 7 billion monthly content views in 12 countries. Peretti also proudly informed attendees that 75 percent of all BuzzFeed content is consumed off of the publisher’s owned and operated sites and apps. Instead, content reaches consumers across more […]
At The New York Times’ NewFront event, Chief Revenue Officer Meredith Kopit Levien announced Story X, a new initiative geared toward innovative storytelling. Levien described Story X as a “a place and a space and a lab, and a team of journalists and creators and technologists [.]” Over the last year or so, the Times […]
It’s official: The tech and software company Rovi is acquiring TiVo for about $1.1 billion in cash and stock. Rovi CEO Tom Carson will helm the new company – though “Rovi CEO” won’t be his job title much longer, as the new company will simply be called TiVo. Rovi, a sometimes-litigious patent giant that makes […]
Speaking of Snapchat: Remember, back in February, when Snapchat CEO Evan Spiegel announced that the app saw eight billion video views daily? Impressive, right? Well, Snapchat has confirmed that the number is now 10 billion. And Bloomberg reports that over a third of Snapchat’s daily users are making use of the app’s “Stories” feature, […]
It’s a good day to be Amazon. The company shattered Wall Street’s Q1 estimates, reporting revenue of $29.1 billion – an increase of 28%. Analysts had projected revenue of $27.9 billion. The company’s net income for Q1 was $513 million – up from a $57 million net loss in Q1 2015. Amazon cited Amazon Studios’ […]
The music video platform Vevo launched a redesigned website, echoing many of the features of its recent redesigns of its iOS and Android apps. The site features larger images, and a more personalized experience guided by a users’ expressed tastes. Meanwhile, Vevo has axed Vevo TV, its ad-supported web TV platform. Vevo TV’s stations have […]
With all the drama surrounding Yahoo’s impending sale, it was easy to forget that the activist investor Starboard Value had been attempting to take over Yahoo’s board, with the not-too-veiled goal of deposing CEO Marissa Mayer, since late March. Well, the proxy fight has resolved, and Starboard has won a partial victory; four members nominated […]
It would seem the Gear VR isn’t the end-all-be-all for Samsung. Injong Rhee, the company’s software R&D chief, announced that Samsung will be building a standalone virtual reality headset, complete with positional tracking tools similar to those of the HTC Vive. The Gear VR, Samsung’s current claim to fame in the VR marketplace, requires a […]
Any expert can tell you that an ever-growing number of millennials and Gen Z’ers are opting to watch videos on mobile platforms. So it stands to reason that YouTube, a video juggernaut with hordes of young users, would spruce up its mobile app. Launched yesterday, the redesigned YouTube app features larger images, and an icon […]
Note to American media companies: Test China’s digital waters at your own peril. Days after Chinese regulators shuttered two major Apple services, it’s been reported that DisneyLife, a digital content venture between Disney and Alibaba Digital Entertainment, has also been shut down. (The closure initially took place in March, but users were told that the […]
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