Latest Quotes
(108,898 total)“When starting Re/code, Swisher and Mossberg raised $10 million at a ~$28 million valuation from NBCUniversal and Windsor Media. A source who has viewed the startup's financials says Re/code was projected to generate $12 million this year, up from $10 million last year... The Re/code acquisition was…”
— Alyson Shontell, Why Re/code, an 18-month-old tech news startup, really sold to Vox
Tagged: forgiveness
“Although the terms of the Knowingly purchase haven’t been made public, sources who looked into buying some or all of the assets said the initial price for the editorial part of the company was $6 million, but eventually that was reduced to $1 million, and still many bidders backed out—in part becaus…”
— Matthew Ingram, Can a news site be reborn? Gigaom readers are about to find out
“U.S. adults spent 10 hours, 39 minutes a day consuming media in the first quarter of 2016. That's up a full hour from the first quarter of 2015, and it's thanks to a substantial increase in smartphone and tablet usage, according to Nielsen's Q1 2016 Total Audience Report.”
— Jason Lynch, U.S. Adults Consume an Entire Hour More of Media Per Day Than They Did Just Last Year
Tagged: Miss you
“In television, four large media companies account for half of all cable advertising, according to an analysis by the digital-media analyst Matthew Ball. They are Time Warner, Disney, NBCUniversal, and 21st Century Fox. But just two companies, Facebook and Google, account for half of all digital-medi…”
— Derek Thompson, Can the News Survive in the Age of Mobile?
“The entire net growth in digital advertising is happening in mobile. Since 2011, desktop advertising has fallen by about 10 percent, according to Pew. Meanwhile mobile advertising has grown by a factor of 30, reaching about $32 billion in 2015.”
— Derek Thompson, Can the News Survive in the Age of Mobile?
“U.S. advertising is declining as a share of GDP. Total national ad spending, as a percentage of the economy, has fallen by a third since 2000 and now hovers near its lowest levels since the end of World War II, before the rise of television.”
— Derek Thompson, Can the News Survive in the Age of Mobile?