Streaming's Presence At The Upfronts Reveals A Push For Profitability | AdExchanger
Streaming is arguably the TV industry's most powerful growth engine.But it's still far from a mature business.Less than a year ago, connected TV officially outgrew cable as the most popular way to watch TV.Now, achieving profitability is the priority, said Eric Schmitt, research director at Gartner.
Streamers Need To Bank On More Than Just Ads - As They Add More Ads | AdExchanger
Here's today's AdExchanger.comnews round-up... Want it by email?Sign up Think Outside The Box here.Streaming services are leaning heavily on advertising.Disney, Netflix, Paramount and HBO Max all raised prices within the last year, and they're not slowing down.Content bundling can back up price increases while minimizing churn.
Is Twitter's New CEO Linda Yaccarino Heading Toward a Glass Cliff?
Less than two months into his $44 billion purchase of Twitter, Elon Musk declared that whoever took over as the company's CEO must like pain a lot.Then he promised he'd step down as soon as he found a replacement foolish enough to want the job.That person, Musk announced Friday, is Linda Yaccarino, a highly-regarded advertising executive from NBCUniversal.
More DTC Agency Execs And Consultants Are Giving 'Brand Operator' A Try | AdExchanger
Hey, readers!This is James Hercher, AdExchanger's senior editor and your escort into the world of commerce media.This week, we examine an interesting DTC marketing trend whereby online brand building and ecommerce advertising experts are testing their mettle by launching and operating brands of their own.
1 Top Growth Stock Down 80% to Buy in 2024 and Hold Forever | The Motley Fool
ZoomInfo's stock experienced a roller-coaster ride in its first few years as a public company, but its revenue spiked by 57% in 2021.
The company's sales growth slowed down to just 9% in its most recent quarter due to factors like soaring interest rates and inflation, putting profitability as a priority for venture capital firms.
How to build the foundation for a profitable AI startup | TechCrunch
Investment in AI companies has entered a cautious phase with investors becoming more wary of the AI hype and looking for companies that will turn a profit.
Building a profitable AI business poses unique challenges including high costs, talent gap, and expensive API and hosting requirements.
LTV:CAC ratio: Definition, strategies, and how to calculate - LogRocket Blog
My first months at a startup were scary because I lacked the knowledge that I felt like everyone around me already had.I was bombarded with terms I had never heard of.Two in particular - lifetime value (LTV) and customer acquisition cost (CAC) - kept coming up and now I wish I had understood them earlier on.
Spotify's transformed podcast business may actually be profitable this year
Spotify's podcasting business is close to breakeven in Q4 2023, signaling potential profitability in the future.
Spotify's drastic changes in its podcasting arm, including job cuts and the end of exclusivity, have improved margins and increased investor confidence.
We'll See More Exits & Reduced Valuations Among Digital Health Startups This Year, Experts Say
Digital health startups may need to confront challenges head-on, including fundraising at lower valuations and considering acquisitions or exits.
Investors are prioritizing profitability over growth, making it easier for companies close to profitability or with strong unit economics to raise capital.
Twitch Star Signs $100 Million Deal With Rival Platform
One of Twitch's most popular streamers said on Friday that he was joining a rival streaming platform, Kick, in a significant blow to the Amazon-owned site and a sign of its increasingly strained relationship with content creators.Felix Lengyel, a Canadian known online as xQc, is signing a two-year, roughly $70 million contract, with incentives that could push the total to about $100 million, said his agent, Ryan Morrison.
Op-ed: Do we want the Bears to trample Arlington Heights?
I've lived in Arlington Heights most of my life.Elementary school at St. James, swimming lessons at Rec Park, graduation at Arlington High School, caddying at Rolling Green Country Club.My first job was delivering the Arlington Day newspaper on my bike.My second was picking up empty beer bottles and emptying ashtrays at Beverly Lanes.
PubMatic & Havas Media Help Brands Exceed Viewability Target in Cookieless Environments
PubMatic, an independent technology company delivering digital advertising's supply chain of the future, and Havas Media today (May 23rd, 2023) announced the results of a new joint solution that exceeded viewability targets in cookieless environments.Data from Havas Media reveals that campaigns powered by the new integrated solution achieve a video completion rate of 73% (vs. a target of 70%), with viewability at 77% (vs. a target of 70%).
Flagstar's EVP on the company's future with NYCB, Signature
Flagstar Bank, a top-25 U.S. mortgage lender, recently participated in two M&A deals.In December 2022, the bank concluded the merger with New York Community Bancorp after waiting for regulatory approvals for over a year.In March 2023, Flagstar surprised the market amid the banking crisis by acquiring some assets, liabilities and deposits ofSignature Bank from the Federal Deposit Insurance Corporation ( FDIC).
Alphabet Just Gave Investors 191 Million Reasons to Buy Its Stock | The Motley Fool
This wasn't supposed to happen.Given the weakness in the advertising market, Alphabet wasn't supposed to have a strong first quarter.But it did.And now, after many investors had lost interest in the tech giant because it looked to be trailing in the artificial intelligence (AI) race, some may be reconsidering.
Ad-supported Disney+ is the only tier of any major streaming service not currently available on Roku, the No. 1 device-maker in the U.S.
Why isn't Disney+ with ads on Roku yet?It's a match made in streaming heaven: Roku is the No. 1 streaming portal in the U.S. with 40 percent market share, according to a Q3 Parks Associates survey.
Lalo Raises $10.1M for its Baby and Toddler Brand That Offers Thoughtfully-Designed and Safe Products
With the closing of Babies "R" Us and uncertainty looming for Buy Buy Baby with the bankruptcy of parent company Bed Bath and Beyond, there is a tremendous void for parents looking for trusted products for their little ones.Lalo is a modern, direct-to-consumer brand for baby and toddler products, offering a comprehensive line that's safe, aesthetically pleasing, and enduring products.
Roostify's platform delivers an efficient experience for borrowers and LOs
The acquisition of Roostify by CoreLogic aims to streamline the user experience in the mortgage application process.By incorporating Roostify's mortgage application software into CoreLogic's suite of products, clients can benefit from an end-to-end integrated workflow to the loan origination process.
Streamers Fight For Subs On National Streaming Day | AdExchanger
Over the long weekend, the weather in New York City was beautiful ... but rather than taking in the sunshine, some of us (yes, me) spent most of their time in bed taking advantage of big discounts on streaming services.In honor of National Streaming Day - an informal holiday cooked up by Roku in 2014 that takes place every May 20 - several streaming services celebrated by slashing the price of their subscriptions.
Alternative IDs Under Fire In Europe; This Is What Stream Dreams Are Made Of | AdExchanger
Here's today's AdExchanger.comnews round-up... Want it by email?Sign up No Alternative here.Third-party cookies are not the future of digital advertising in the EU (or anywhere for that matter).But it looks like alternative IDs may not be either.European publishers are pushing back against alternative IDs that use publisher data to build third-party audiences, saying these solutions perpetuate digital advertising's worst practices, Digiday reports.
Mobile game maker PlayStudios uses AI to report Q1 earnings, cloning the CEO's voice
Corporate earnings calls don't usually turn a lot of heads.But PlayStudios' reporting of its first quarter results Tuesday is an exceptionand the numbers will have little to do with it.As analysts and investors listened to the first half of the call, assimilating datalike the quarterly revenues hitting $80.1 million compared to an expected $73.4 millionthey likely had no idea that the words and speakers they were hearing were entirely generated by artificial intelligence.
Why BuzzFeed News couldn't replicate HuffPost's business model
In April 2022, BuzzFeed Inc. reorganized its business team to have the staffers who helped HuffPost reach profitability in 2021 do the same for BuzzFeed News - the only arm of the company that was still unprofitable.It was the first time that a sole team would be dedicated to monetizing BuzzFeed News and the company gave the division just one year to become profitable.
The 5 O'Clock Club: Let's eliminate the NFL draft!
The 5 o'clock club is published from time to time during the season, and aims to provide a forum for reader-driven discussion at a time of day when there isn't much being published.Feel free to introduce topics that interest you in the comments below.CLICK HERE to see the full 5 o'clock club archive Dave Mangels of Bleeding Green Nation recently published an article in which he exhorted the NFL to "introduce a little anarchy" but introducing some huge changes to the way the league carries on its business.
HomeServices of America ups its stake in Title Resources Group
Title Resources Group (TRG), a leading title insurance underwriter, announced on Monday that HomeServices of America, a Berkshire Hathaway affiliate and one of the nation's largest residential real estate companies, has increased its ownership stake in TRG.This move further solidifies the partnership between the two industry leaders, according to a press release from the companies.
Lender Price launches new tool to automate base pricing
Lender Price, a leading provider of mortgage loan product and pricing technology, has launched Base Price Solution (BPS), a new pricing tool designed to help banks, lenders, and credit unions optimize their pricing strategies.With the new product, lenders have the ability to quickly generate base pricing, which eliminates the need for multiple spreadsheets used to calculate pricing market swings.
Wells Fargo-backed mortgage fintech Maxwell has struck a deal to acquire mortgage solutions provider LenderSelect Mortgage Group from Blue Ridge Bank.The financial terms of the transaction have not been disclosed.The deal, announced on Tuesday, expands Denver, Colorado-based Maxwell's secondary market trading platform and brings hundreds of new clients to the company's other solutions.
FHFA seeks input on GSE single-family pricing framework
The Federal Housing Finance Agency (FHFA) announced on Monday it issued a request for input (RFI) regarding government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac's single-family pricing framework.The goal is to gather public feedback on the goals and policy priorities that FHFA should pursue in its oversight of the pricing framework, the agency said.
Troubled Blend at risk of getting delisted from NYSE
California mortgage tech firm is at risk of getting delisted from the New York Stock Exchange (NYSE) as a consequence of the company's stock price slumping below $1 for more than a month.Blend announced on Thursday that it received notice on April 28 from the NYSE that it was not in compliance with the stock exchange's bylaws, which state that a company could be de-listed if its common stock traded below $1.00 for more than 30 trading days.
Rocket reports big losses for third consecutive quarter
Elevated rates hurt Rocket Companies, the parent of Rocket Mortgage, again in the first quarter of 2023.Rocket has been cutting expenses and targeting purchase business, but the firm was unable to achieve profitability in Q1 in a shrinking mortgage market.The Detroit-headquartered lender sustained a $111 million adjusted net income loss in the first quarter, following a $197 million loss in the fourth quarter.
Post Office should be ended in current form' after Horizon scandal tax expert
The Post Office should be ended in its current form and run as a mutual, according to the head of non-profit organisation Tax Policy Associates.Dan Neidle, tax lawyer and founder of the group, described the Post Office Horizon scandal as the single greatest challenge to the rule of law.The scandal saw more than 700 Post Office branch managers handed criminal convictions after faulty Fujitsu accounting software made it appear as though money was missing.
UK pubs and restaurants plead for government action on energy as bills soar 81%
UK pubs, bars and restaurants revealed their average bills have surged 81 per cent over the past year as firms make further pleas to the government for support.Industry bodies have revealed that less than a third of hospitality businesses are optimistic about their future after swallowing mammoth energy price increases, as well as more expensive food and wage bills.
Pubs and restaurants plead for Government action on energy as bills soar 81%
UK pubs, bars and restaurants revealed their average bills have surged 81% over the past year as firms make further pleas to the Government for support.Industry bodies have revealed that less than a third of hospitality businesses are optimistic about their future after swallowing mammoth energy price increases, as well as more expensive food and wage bills.
As much as we love booking vacation houses at the beach, paying steep daily rates doesn't exactly spark joy.But if you're fortunate enough to own such a place, renting it out short-term can generate substantial revenue.In a recent study, AirDNA, a company that analyzes Airbnb data, found the U.S. vacation rental markets where landlords are likely to see the largest annual profits.
European markets slip back amid worries over US debt ceiling
London stocks slid on Tuesday afternoon as concerns over the US debt ceiling spilled over into Europe.The FTSE 100 kept it head above water during morning trading but dropped into the red as Janet Yellen, secretary to the US Treasury, met President Joe Biden and Republican speaker of the House of Representatives Kevin McCarthy.
Today Kyocera has announced that it's officially leaving the consumer mobile phone business, after a struggling period in which the company amassed a JPY 2.27 billion ($16.6 million) loss this February.In other news, it looks like Kyocera was still making phones - even though you, like us, may not have heard of any in the past few months (or years).
Canalys: Chinese smartphone market declines 11% in Q1, Apple on top
Canalys reported the Chinese smartphone market contracted by 11% in Q1 on a yearly basis, following a wider trend around the world.According to the data, it was the worst Q1 period since 2013.Shipments in the first quarter were 67.6 million, 11% down from the same period last year.Apple went through it with relatively minor 3% decrease in sales, which helped it overtake Oppo for the lead.
Samsung posts solid smartphone sales in Q1, but overall profits plummet
Samsung published its financial report for Q1 2023, and as the guidance warned profits plummeted to levels unseen in the past 15 years.Operating profit between January and March went down 18% YoY, while profit shrank from KRW 14.12 trillion to KRW 0.64 trillion - a stunning drop of 95%.Samsung is expecting global demand to rebound in the second half of the year, which would assist its recovery.
Samsung posts solid smartphone sales in Q1, but overall profits plummet
Samsung published its financial report for Q1 2023, and as the guidance warned profits plummeted to levels unseen in the past 15 years.Operating profit between January and March went down 18% YoY, while profit shrank from KRW 14.12 trillion to KRW 0.64 trillion - a stunning drop of 95%.Samsung is expecting global demand to rebound in the second half of the year, which would assist its recovery.
Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down
Tessera, a protocol that enables collective ownership and governance of non-fungible tokens ( NFTs), is winding down its operations over the next few weeks, co-founder Andy Chorlian tweeted on Friday.Chorlian, who co-founded the company alongside Nejc Krajnik in 2021, said that the decision was made after "carefully analyzing possible market scenarios, our company structure and our financial situation."
Betting Public Has Joined Red Sox Fans In Rooting For Masataka Yoshida
Masataka Yoshida doesn't just have the support of the Boston Red Sox clubhouse after an impressive start to the 2023 MLB campaign, but the first-year talent also has gained plenty of backers on the betting board.Yoshida currently has the shortest odds to American League MVP at BetMGM and a number of other sportsbooks.
Google Streetview A large bioscience employer in South San Francisco has laid off around 25% of its workforce.Twist Bioscience laid off around 270 employees, the San Francisco Business Times first reported.While revenue at the company is up, reducing its headcount is a cost-cutting measure as it strives for profitability.
IPWatchdog.com | Patents & Intellectual Property Law
High Ratio of U.S. Trademark Registrations to Assets Increases Annual Value
"The researchers found that analysts consistently undervalue companies with significant numbers of trademark registrations in the analysts' earnings forecast."Brands - legally protected as trademarks - have value.We all understand that intuitively.Registering brands as federal trademarks also provides significant legal benefits, such as the presumption of ownership, validity, and nationwide priority in the mark.
The Best Stocks to Invest $50,000 in Right Now | The Motley Fool
Provided you have all your financial bases covered, investing can be one of the best ways to generate wealth and put yourself on a path to financial freedom.If you have $50,000 available to invest, that represents a strong starting point, and it has the potential to grow into a much larger amount over time if you back the right companies.
JPMorgan Chase to buy distressed First Republic Bank in deal brokered by U.S. regulator | CBC News
Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S. San Francisco-based First Republic is the third midsize bank to fail in two months.San Francisco-based First Republic is the third midsize bank to fail in two months.
Foot Locker is closing 400 stores. Why they may become an eyesore
Two major retail chains are closing roughly 800 stores.One company's spaces likely will be filled, while the other's may become empty, and unsightly, zombie stores.Retailers are already lining up to take over the approximately 400 shuttering Bed Bath & Beyond stores in strip malls, where customers can easily park in front.
Foot Locker is closing 400 stores. They may become an eyesore
Two major retail chains are closing roughly 800 stores.One company's spaces likely will be filled, while the other's may become empty, and unsightly, zombie stores.Retailers are already lining up to take over the approximately 400 shuttering Bed Bath & Beyond stores in strip malls, where customers can easily park in front.
This Could Be a Make or Break Emmys Season for Peacock and Paramount+
Though Peacock and Paramount+ have struggled through the streaming wars, they may find redemption in the form of some of their key Emmys contenders.The third time at the Emmys may be the charm for Peacock and Paramount+.Often used as punchlines in conversations about the streaming wars, as their subscriber numbers still pale in comparison to behemoths like Netflix and Disney+, the two services seem to have quelled their growing pains by ending the fiscal year strong, and entering 2023 with their most successful programming yet both critically and commercially.
3 Ways to Predictably Boost Revenue and Drive Profitability | Entrepreneur
Opinions expressed by Entrepreneur contributors are their own.If you ask the majority of marketing teams what their main focus is, they will probably tell you it's to " acquire customers."Getting new people to visit your website and buy your products or services for the first time is definitely one of the most important things a business must focus on.
Uber's Revenue Up 29% as U.S. Ride-Hailing Business Improves
Uber said on Tuesday that its revenue grew 29 percent in its most recent quarter as the company benefited from a series of investments in new services, as well as the continued return of drivers to its ride-hailing business.The company said it had $8.8 billion in revenue, roughly in line with investors' expectations.
Blend CEO on the firm's runway, vision and shifting priorities
Mortgage tech company Blendincurred a whopping $769 million loss in 2022, leading some mortgage tech analysts to question the company's runway and survivability.Nima Ghamsari, CEO and co-founder of Blend, acknowledged that the company was focused on "too many things" a year ago.But Blend is now focused on cutting costs, growing its mortgage business and its Blend Build platform - which Ghamsari noted will be the future platform of mortgages and consumer banking products.
Big Four executives bemoan housing market conditions
Executives at both Stewart Information Services and First American Financial bemoaned the challenging housing market environment as they discussed their respective firms' first quarter 2023 earnings with investors Thursday morning."The sharp decline in affordability driven by mortgage rates above 6%, along with low inventory and elevated home prices, adversely impacted the housing market, and as a result, our residential purchase business," Ken DeGiorgio, the CEO of First American, told investors Thursday morning.
California-based Impac Mortgage Holdings, a former mortgage lender repositioning itself as a brokerage firm, announced on Thursday that NYSE American, LLC. has started the proceedings to delist its common stock from the exchange, suspending its trading immediately.Impac does not intend to appeal the determination, the company said in a filing with the U.S. Securities and Exchange Commission (SEC).