Discovery has tapped Lisa Holme, the former v.p of content acquisition at Hulu, to oversee the content strategy for its direct to consumer offerings. Holme will report to Peter Faricy, who Discovery hired in 2018 to oversee its direct to consumer strategy from Amazon. While Discovery may be a traditional media company, its CEO David Zaslav has been smart to get executives who understand...
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YouTube’s Ad Revenue Falls Again; More U.S. Pressure on TikTok
A continued decline in YouTube ad revenue spells bad news for creators who earn money from the video-sharing site. On Thursday, Alphabet said YouTube’s ad revenue fell nearly 8% to $7.96 billion during the fourth quarter compared with the same period a year earlier. That’s the second straight quarter of decline.
Alphabet Revenue Growth Slowed Again in Q4
Amazon Plans to Close Some Grocery and Convenience Stores
Amazon Sees AWS Slowdown Lasting For Several Quarters
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