Netflix just added new sales hires to build its ad-supported tier. Meet the 23 execs driving the streamer’s push into advertising.
Netflix has been hiring top ad sales execs and slashed ad rates to grow its ad-supported tier. Advertisers are waiting to see the offering gain scale to justify allocating more spending to it. Meet 23 top execs who are working to win advertising dollars in the tough 2023 market. Netflix is gradually but steadily expanding…
Champions Round, a Gen-Z fantasy sports app that raised $10 million, is winding down and looking to sell its assets
Champions Round, a startup that raised $10 million to disrupt fantasy sports, is winding down. The company is now looking to sell its assets. It’s the latest sports startup to hit snags in a competitive climate — both for funding and users. Champions Round, a startup that raised $10 million to disrupt fantasy sports by…
Embedded finance, FinOps, and treasury management are grabbing VC attention right now despite a collapse in fintech funding, investors say
Global VC fintech funding has been cut in half to $23 billion so far this year, per S&P data. Fintech startups focused on solving business issues have remained somewhat resilient. Insider spoke to four investors who identified three emerging key themes in B2B fintech. Fintech, once the largest market in private technology, is currently struggling. According…
Netflix pioneered the industry model of 100% ownership, and Hollywood followed, but now buyers like Amazon and Warner Bros. Discovery are backing away from it
Hollywood streamers’ walled gardens are starting to open up again. Netflix popularized the model of owning shows outright, but now streamers are reconsidering licensing. Producers hope the shift will restore backend payments to creators. As they built up their streaming services by creating so-called walled gardens of exclusive content, Netflix paved the way for entertainment…
President of National Association of Realtors resigns amid misconduct allegations
In a resignation letter Monday, Kenny Parcell wrote he was “deeply troubled by those looking to tarnish my character.” Three days after a New York Times investigation revealed allegations of sexual misconduct by the leader of real estate’s most powerful trade group, the president of the National Association of Realtors resigned. Three women who worked…
Can fruits and vegetables be made better? It might be possible with gene editing.
(TNS) The News & Observer (Raleigh) Brian Gordon DURHAM, NC – Raw mustard greens have a bitter aftertaste when they are not genetically modified. Their flavor is reminiscent of horseradish or wasabi, and it lingers on the tongue until a chaser is found. Myrosinase, an enzyme released from the plant’s cells with each bite, is…
Billion-dollar drugs’ makers set to face their first US price negotiations
Some of the most commonly used drugs in the United States may be eligible for lower Medicare prices, which could save taxpayers billions of dollars while squeezing profits for large pharmaceutical companies. The United States is preparing to release a list of ten drugs for which the Medicare program for the elderly will be able…
The reason Bob Barker won’t have a funeral or memorial service
Friends and family of the late Bob Barker are carrying out his final wishes after his death, which included no funeral. According to his longtime publicist Roger Neal, the TV legend requested “no funeral or memorial service.” “He just felt it was something very private.” So we’re simply carrying out his wishes. He desired a…
Can there be too many drive-thrus? One Colorado city is considering whether to impose a limit
Golden is considering limiting — or even banning — any new drive-thru operations in the city The venerable American ritual of palming a burger while gripping the steering wheel, as grease and ketchup drip onto shirt and lap, may soon face opposition as thick as Golden’s honey mustard sauce. Last week, city officials began a…
