BuzzFeed Sees Small Advertising Gain Amid Push Toward AI
Programmatic advertising revenue came in at $16 million compared to $15.5 million a year ago. Source: BuzzFeed Sees Small Advertising Gain Amid Push Toward AI
No Barbie bump for Mattel despite blockbuster cinema success
Barbie owner Mattel, Inc is seeing a decline in doll sales despite its premier piece of intellectual property capturing the zeitgeist in 2023. In second-quarter financial published on Wednesday, the toymaker penned a 6% year-on-year decline in doll sales, with … Continued
Hasbro, Bandai Namco Back UGC Game Studio Look North World Funding
Led by Alexander Seropian, a founder of ‘Halo’ developer Bungie, the L.A.-based studio also launches a creator label to support talent on such creator platforms as Fortnite, Roblox, and Minecraft. Source: Hasbro, Bandai Namco Back UGC Game Studio Look North … Continued
Cineworld to close 6 UK branches: full list of cinemas at risk
The company, which is part of the world’s second-largest cinema chain, has faced difficulties since the Covid pandemic. Source: Cineworld to close 6 UK branches: full list of cinemas at risk | Evening Standard
Dori Media Group Taps Devdatta Potnis to Run India Sales Office
Multinational studio Dori Media Group (DMG) is expanding its global reach, opening its first sales office in the lucrative market of India where it has tapped media exec Devdatta Potnis to run it. Source: Dori Media Group Taps Devdatta Potnis to … Continued
Melinda French Gates: Elon Musk Among Billionaires Not Philanthropists
Bill Gates’ ex-wife also opens up about her decision to become more politically active in a public way. Source: Melinda French Gates: Elon Musk Among Billionaires Not Philanthropists