In his first major move as CEO, Jeff Shell is reorganizing NBCUniversal, putting Mark Lazarus, who previously headed up sports and local stations, in charge of all entertainment. As part of the shakeup, Andy Lack, the head of NBC News Group, is leaving the company, and is being replaced by Cesar Conde, the former head of Telemundo, who is now chair of NBC’s News Group. The naming of Conde is a...
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Meta’s Resistance to Sharing Ad Sales Starts to Crumble
For at least a year, one question has hung over Meta Platforms-owned Facebook and Instagram: whether the apps will introduce a way to share a cut of ad revenues with more creators, similar to how YouTube pays video-makers. Our story today by Sylvia and Kaya goes deep into the debate at Meta over introducing ad-revenue sharing, which some staff viewed as a slippery slope, and a parallel argument...
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Meta Insiders Debate Key Issue for Reels: Whether to Share Ad Dollars With Creators