“Today, Facebook’s top video priority is Facebook Watch, a 7-month-old tab on the platform that offers episodic video shows and some live sports....But for all this effort, few users are going to the Watch section, and of those that do, few are watching long enough to hit the mid-roll ad break.”Tagged: Media Cliff Notes, Facebook, Facebook Ads
“What Apple offers is potential scale: Apple News users now read more than 5 billion articles per month, according to Apple CEO Tim Cook, not to mention the 1.4 billion devices that Apple says are currently 'active.'”Tagged: Media Cliff Notes
“For many companies that are caught in the middle, Apple’s new services are an alluring option.”Tagged: Media Cliff Notes
“Later, Univision wrote off its investments in FMG, GMG and The Onion, claiming a loss of $32.5 million in the fourth quarter of 2018.”Tagged: Media Cliff Notes
“Last year, GMG and The Onion combined generated roughly $80 to $85 million in overall revenue, according to three sources familiar with the matter. But with all expenses added up, the organization was tens of millions in the red, sources said.”Tagged: Media Cliff Notes