Digital Marketing

Hollywood Press Association Sues Penske, Alleging Awards Monopoly

The Hollywood Press Association (HFPA) has sued Penske Media, charging that Penske plans to monopolize the awards market and to that end fraudulently acquired the Golden Globes, The Hollywood Reporter reports. The HFPA alleges that Penske leveraged its control over the Hollywood trades to instigate a boycott of the group and make it vulnerable to acquisition. The

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Buzzfeed is cutting 35% of its Staff After Purchase By Allen Media

BuzzFeed is cutting 35% of its workforce following its takeover by Allen Media, KHQ reports.  About 180 jobs will be eliminated from the staff of around 500, including positions in its HuffPost and Tasty divisions. The layoffs will save about $30 million per year, BuzzFeed says. BuzzFood sold a 51% stake to comedian Byron Allen for

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CBS Brings Ross Douthat, Sebastian Junger To '60 Minutes'

CBS News is adding several name journalists to “60 Minutes,” including New York Times columnist Ross Douthat as a correspondent and author/documentarian Sebastian Junger as a contributor, The Wall Street Journal reports. The hires are part of Executive Producer Nick Bilton’s effort to reshape the program. Norah O’Donnell, CBS Evening News and morning show anchor will join “60 Minutes” as a correspondent. 

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Eventual, Polymarket Team Up To Provide News Platform For Prediction Market Traders

Eventual, a new media company, is partnering with Polymarket to provide a media platform for news and analysis for top prediction market traders, Axios reports. “Prediction markets have gotten it right when pollsters, pundits and so-called experts got it wrong, over and over,” said seed investor Richard Greenfield. “The traders making those calls are a new

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Eventual, Polymarket Team Up To Provide A News Platform For Prediction Market Traders

Eventual, a new media company, is partnering with Polymarket to provide a media platform for news and analysis for top prediction market traders, Axios reports. “Prediction markets have gotten it right when pollsters, pundits and so-called experts got it wrong, over and over,” said seed investor Richard Greenfield. “The traders making those calls are a new

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