Spotify looks set to overhaul its royalty model next year It could implement minimum play thresholds and penalize distributors for streaming fraud. Mariella Moon Thu, Oct 26, 2023 NurPhoto via Getty Images Spotify’s royalty model will get a massive revamp next year to give “working artists” a bigger cut, according to Music Business Worldwide. … Continue reading Spotify looks set to overhaul its royalty model next year
By Chris Morris October 13, 2023 Cyberattacks are becoming more prevalent in 2023—and it’s no longer a matter of whether this year will record a record number of data breaches, it’s more a question of how high that number will be. As of the end of September, corporations had reported 2,116 data compromises for … Continue reading 2023 is already the worst year for hacks—and we’re not out yet
By Jessica Bursztynsky September 21, 2023 Expedia is leaning further into artificial intelligence with its suite of new products that CEO Peter Kern hopes will cement consumer loyalty to the travel giant’s brands. “Providing all these tools that are the new technology can allow for what we think creates the best product experience, and that’s … Continue reading Expedia’s Project Explorer uses AI to curate trips based on budget and time of year
Sitemaps ping endpoint is going away Google, Monday, June 26, 2023 The Sitemaps Protocol was introduced in 2005 to help search engines with the discovery of new URLs, and also to help with scheduling new crawls of already discovered URLs. It’s a wildly popular protocol that hasn’t changed for over 15 years. While the general … Continue reading Google To Deprecate Sitemaps ‘Ping’ Endpoint Later This Year
Digital is a “victim” of its own success: It now accounts for 68% of all ad spending and is on course to hit 75% by 2028. Constantine von Hoffman on June 12, 2023 Global digital ad spending will “only” increase at 8.4% in 2023, according to a GroupM report out today. This is its smallest … Continue reading Global digital ad spend set to grow 8.4% this year
The upside: CTV approaches 10% of digital budgets with 21% growth increase. Retail media networks (RMNs) are also on the rise. Chris Wood on May 18, 2023 U.S. digital ad spend is only expected to increase 7.8% in 2023, dropping below 10% for the first time in 14 years, according to a new forecast from … Continue reading Digital ad spend growth drops to 7.8% this year
By Chris Morris April 20, 2023 After hemorrhaging cash for years, WeWork is now facing a possible delisting by the New York Stock Exchange (NYSE). The company announced this week that it had received a “continued listing standard notice” from the exchange, stating that, since April 11, 2023, it had fallen out of … Continue reading With its stock down 65% this year, WeWork is now at risk of being delisted from the NYSE
By Chris Stokel-Walker April 14, 2023 Exactly one year ago, Elon Musk shocked the tech world by putting in a bid to buy Twitter for $44 billion. In signature Musk fashion, that figure worked out at $54.20 a share. That offer led, months later, to an actual acquisition, and eventually to the situation we’re … Continue reading Twitter Ex-employees say he’s ‘constitutionally incapable’ of turning things around.
Over two-thirds of DTC marketers use CTV/OTT, and 57% plan to up their spend in 2023. Chris Wood on April 12, 2023 Direct-to-consumer (DTC) marketers are flooding into connected TV (CTV) and over-the-top (OTT) digital TV advertising, according to a new survey from digital performance media company Digital Remedy and research firm Dynata. Over two-thirds … Continue reading DTC marketers planning to up CTV/OTT spend this year
Jon Fingas @jonfingas Microsoft just made one of the largest-ever bids for a game studio. The company has announced plans to acquire Activision Blizzard for $95 per share, valuing the all-cash deal at an enormous $68.7 billion. The deal would make the combined entity the “third-largest” game company by revenue, according to Microsoft, and would … Continue reading Xbox head says Microsoft’s mobile game store could arrive next year
