Comcast's free, ad-supported streamer Xumo just hired a new advertising GM and sales head and is looking for a head of sales and marketing.
The industry's collapsing faster than anyone expected. They're all out of favor with Wall Street," said Dave Morgan, executive chairman and founder of Simulmedia.
Legacy media companies have sharply cut staff in recent years, including sales, and those jobs aren't coming back.
The media industry, which includes television, film, streaming, and news, announced 12,122 job cuts this year through August, down 37% from the 19,117 announced in the year-ago period.
Collection
[
|
...
]