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Showing posts with the label media

IAC reorg makes Vimeo and DotDash standalone segments, adds new acquisition Robokiller

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IAC is changing the way its business is organized, the company reported during its Q3 2018 earnings on Wednesday. The company’s video platform Vimeo and DotDash ( previously About.com ) will become their own separate segments at IAC starting in Q4. That means they’ve reached the point their revenues can stand on their own. The company  beat on third quarter revenue expectations  in the quarter with a revenue increase to $1.1 billion from $828.4 million a year ago, ahead of FactSet analyst expectations of $1.07 billion. However, net income was $145.8 million, or $1.49 a share, down from $179.6 million, or $1.79 a share, a year earlier. The drop was attributed to a tax benefit that it received in the year-ago period. Vimeo’s revenue growth in the quarter increased 29 percent, and it grew its subscriber base by 10 percent to 932,000, IAC said. “The business has the scale and potential to now stand on its own, and we want to begin to put a spotlight on it,” said IAC CEO Joey Levin, in a ...

Spotify debuts an analytics service for music publishers

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Spotify’s artist dashboard already allows musicians and their managers a way to track the success of their tracks and album releases, as well as view other data about their fans. Now, the streaming music service is debuting its first analytics tool aimed at music publishers. The new tool is launching into beta this morning, and will allow publishers to track daily streaming stats, including playlist performance, and view data across all the songwriters on their roster. “We know that there are usually many more people involved in the creation of your favorite song than just the artist whose face appears on the billboard,” explains the company, in its announcement . “Spotify Publishing Analytics is the first analytics tool from a music streaming service built specifically for publishers, so they can better serve their songwriters.” The platform was built in collaboration with partners, including BMG and Reservoir, who offered statements of their own about its launch. It’s designed to of...

White House shares manipulated Infowars video to justify CNN press ban

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Read this slowly: The White House’s press secretary has tweeted a manipulated video shared by the editor-at-large of conspiracy theorist outlet Infowars to attempt to justify its decision to suspend the press credentials of CNN’s chief white house correspondent. CNN’s Jim Acosta had his press pass pulled by the White House earlier today after press secretary Sarah Sanders claimed he had “plac[ed] his hands on a young woman just trying to do her job”. Acosta disputes this. The journalist had being trying to continue asking president Trump questions during a contentious exchange at a White House press briefing. During this exchange Trump cut over him verbally — saying “that’s enough” — at which point a female White House intern moved towards Acosta and attempted to take the microphone out of his hands. The journalist dodged and then blocked several attempts to take the microphone by using his arm and the side of his hand against the intern’s arm, addressing her with “pardon me ma’am” ...

Sling TV’s growth further slows in Q3, but still leads rivals in terms of subscribers

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It appears Dish’s live TV streaming service, Sling TV, has been impacted by the increased competition from rivals like YouTube TV, Hulu with Live TV, AT&T’s DirecTV Now and others. Sling TV still leads the market with 2.37 million subscribers for its TV service aimed at cord cutters, Dish reported in its Q3 2018 earnings, but its momentum is slowing. In the first quarter of the year, Sling TV added 91,000 subscribers, followed by 41,000 in Q2 and now just 26,000 additions in Q3 , according to Dish’s earnings results  out today. That allows it to retain its first-place position, but that lead may not last much longer. AT&T’s DirecTV Now had been catching up to Sling TV in recent months, leading some to believe it would surpass Sling TV by year-end. Launched two years ago , DirecTV Now added 49,000 subscribers in its Q3, it reported in October — much worse than the 247,000 added last year, when the service was newer and promos were more plentiful. But its price hikes , tec...

A Late Night Knock

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"The knocking on the heavy, gray, wooden door was insistent even though it was well after hours, long after anyone should expect an answer at this address. Except for one rather forlorn street light a block away and a dim bulb by the outside entrance, this corner of the city was growing dark and deserted. Deserted, with the exception of whoever was knocking. In a small room, with blaring music and soundproof glass, the resolute pounding would never be heard. The outside world didn’t exit. Here was equipment, small, scratched, vinyl records in organized stacks, a dangling microphone, walls covered with faded photos and posters of musicians, some important, some not. Every few minutes a switch was thrown and a voice spoke a few words heard by hundreds or maybe thousands of invisible ears. Only the non-stop blinking buttons on the battered, black, desk phone and the glow of various lights and switches assured the voice that what he was saying was not going unnoticed. Eventually, the ...

Post-Truth - I Feel Like Alice in Wonderland

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Nothing is as it seems. What I know to be real, believe to be true built on my reliance on facts is apparently passe. It's official: Truth is dead.  The latest edition of the Oxford Dictionary has made it official. Post-truth now has an explanation: "objective facts are less influential in shaping public opinion than appeals to emotion and personal belief."  Of course, that definition is post-truth, so it may or may not be true. The Oxford Dictionary may be a propaganda tool written by the liberal media, the alt-right, conservative pundits, or some unknown Russian hacker.  And, therein lies the problem that has me scratching my head. If "truth" or "reality" are no longer what they have always been, how does one separate the wheat from the chaff? How does one construct a rational response to events when rationality is under attack? Is Mars really populated by little green men (and women)? If enough people on the Internet claim it to be so, then does tha...