Disney to Make Cuts After Streaming and Theme Park Losses

Black Panther: Wakanda Forever – the sequel to the 2018 box office smash – took off faster than a Wakandan airship, earning $180 million in North American ticket sales since it opened Friday, good for the second biggest film opening…

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Semafor is Two Months Away From Trying to Change the News Biz

Sixty staff, $25 million, and two prominent mainstream media defectors with the profile and the clout to attract well-heeled investors and journalist stars. That’s what it takes to get a global media organization off the ground these days, at least…


Wall Street Journal Enters the Affiliate Marketing Fray with “Buy Side”

The Wall Street Journal wants a cut of your next online shopping spree. According to a report in Axios, the storied financial newspaper will launch a new commerce website today called “Buy Side from WSJ.” Reviews of consumer products will…


Popular Science Publisher Scores $300 Million Raise Led By Blackstone

Who says print media is dead? Private equity giant Blackstone has spent the past couple of years throwing gobs of money at high-profile entertainment companies, like Will and Jada Smith’s Westbrook Studios and Reese Witherspoon’s Hello Sunshine. Now, it’s shifting…


The Digital Ad Market Hit a 15-Year Record in 2021

Stay at home and spend. That might as well have been the unofficial mantra of 2021 as consumers found themselves with record savings to splurge online. On Tuesday, new research revealed digital advertisers were a big winner from the phenomenon….


BuzzFeed Reels After Lackluster First-Ever Earnings Report

BuzzFeed, known for such internet classics as “21 Surprising Facts Famous Celebs Wish You Didn’t Know About Them,” may have material for a new listicle after its very first earnings report as a public company on Tuesday: “1 Digital Media…

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News Flash: Australia’s Big Tech Policy Pays Off For Media Outlets

Dinosaurs didn’t survive the asteroid. Video killed the radio star. And local and legacy news media found their business models completely upended by the internet and its social media gatekeepers. But in Australia, a law that has internet giants paying…


Digital Publishers Prepare to Ditch Google’s AMP Service

Not everyone wants to turn this AMP up to 11. Several major digital media publications are taking steps to disentangle their online search presence from Google’s Accelerated Mobile Pages (AMP) framework, which was designed to optimize content for mobile reading…


Condé Nast Would Like the World to Know It’s Profitable Again

Sometimes whistleblowers who leak to the media reveal important truths vital to the public’s understanding of the world. Other times, a brave “source familiar with the matter” just wants to let the world know how awesome their company is doing….


Google to Limit Personal Information Shared on Android

Facebook’s advertising machine was one of the most efficient money-making operations in the history of the world. Until last year, that is, when Apple threw a $10 billion wrench in it. Now, Google is following in the Cupertino company’s footsteps….


Binance Buys $200 Million Stake In Forbes

Old World, meet New World. On Thursday, five-year-old Binance, one of the world’s largest cryptocurrency exchanges, announced a $200 million strategic investment in a company a century its senior: business magazine and media group Forbes. Dry-Aged Stake Binance’s investment makes…

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Extra Credit: The Shifting World of Private Credit Markets

Tale of the Tape: Warren Buffett and Cathie Wood

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