DIRS.INFO The most relevant business & tech news

☆ Creator+ is looking to sell parts of its business as it winds down after raising $12 million to make movies starring influencers
▼ + stars: | 2024-02-06 | by ( Dan Whateley | Amanda Perelli | ) www.businessinsider.com time to read: +3 min

The company began winding down operations at the end of last year, a source familiar with the matter told BI. This story is available exclusively to Business Insider subscribers. Creator+'s business launched in 2021 and aimed to produce six feature films that year that would begin airing in 2022, cofounder Jonathan Shambroom previously told BI. "The company reviewed acquisition offers for various aspects of its business — completed films, films in development, technology, brand IP, etc. Investors and industry professionals told BI that creators are better served as a vehicle to launch a separate business in areas like e-commerce rather than as a product or customer on their own.

Persons: Benjamin Grubbs, Jonathan Shambroom, TikTokers Griffin Johnson, Noah Beck, YouTubers, Jason Kilar's, Shambroom, Grubbs, Jane, —, It's, Rex Woodbury, they're Organizations: Business, Hulu, Netflix, . Entertainment, Amp Studios, BI, VC Locations: TikTokers, influencers

☆ After a year of chaos, CNN bets on new CEO Thompson to focus on long-term viability
▼ + stars: | 2023-09-19 | by ( Alex Sherman | ) www.cnbc.com time to read: +5 min

Entelis, Moseley, Sherling and Leavy all plan to stay at CNN as Thompson takes over as CEO, according to people familiar with the matter. Programming CNN MaxBefore joining The New York Times, Thompson was director-general — a combination of chief executive and editor-in-chief — of the British Broadcasting Corporation. He'll have a chance to develop new shows at CNN Max, a tab in Warner Bros. With CNN Max, Thompson will try to program for a younger audience. Thompson will have some runway to invest in CNN Max.

Persons: Brandon Bell, Mark Thompson, Thompson, Donald Trump, Entelis, CNN hasn't, Licht, Jeff Zucker, Andrew Morse, CNN Max, CNN's, —, Zucker, Jason Kilar, Max, JB Perrette, Gabelli's Kevin Dreyer Organizations: CNN, Getty, Licht, Warner Bros . Discovery, Republican, The New York Times, Times, New York Times, CNN.com, Athletic, British Broadcasting Corporation, Warner Bros, U.S, Variety, Disney Locations: Atlanta , Georgia, Thompson's, Moseley, Sherling

Discovery CEO David Zaslav has assembled a Discovery-heavy leadership team to transform the company. Here are the 20 corporate, creative, and business execs charged with helping him pull it off. Discovery merger, CEO David Zaslav faces massive challenges as he tries to pump out cash to pay down debt while slashing billions in costs. Many of the corporate and business leaders Zaslav has assembled are Discovery execs he's worked with closely for years and who were given bigger roles after the merger. These 20 execs, listed alphabetically, are the power players Zaslav has put in place to help him get there.

☆ How Warner Bros. Discovery layoffs, content cuts, and reorganization shocked Hollywood and fired up Wall Street
▼ + stars: | 2023-01-13 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com time to read: +5 min

David Zaslav has been enjoying a stock runup after Wall Street analysts expressed increased optimism about Warner Bros. Discovery, with much cost-cutting behind it and growth ahead as it plans to launch a new streaming service. AT&T's WarnerMedia merged with Discovery in 2022 in a $43 billion deal, creating a content behemoth combining Warner's HBO, CNN, and famed Warner Bros. film studio with Discovery's lifestyle and reality fare. Read more:A new content strategy that could tarnish crown jewel HBOWBD also looked for savings and revenue by shifting its content strategy ahead of combining HBO Max and Discovery+ into a mega streaming service to launch this spring. WBD shocked entertainment insiders by canceling high-profile projects like "Batgirl" and yanking episodes of shows including "Sesame Street" from HBO Max, and it has made other moves that concerned Hollywood creatives.

☆ Warner Bros. Discovery salaries revealed: Pay data shows how much the company recently offered for jobs at HBO and more, despite waves of layoffs and cuts
▼ + stars: | 2022-12-20 | by ( Ashley Rodriguez | Elaine Low | ) www.businessinsider.com time to read: +19 min

Insider analyzed new pay data from the entertainment companies, now merged as Warner Bros. Recent salaries ranged from $55 an hour to $300,000 a year for jobs at HBO and other units. The salaries ranged from $55 per hour to $300,000 per year, with a median annual salary of $143,000 to $170,000. For example, Discovery offered an ad sales account manager between $131,458 and $149,000 per year, according to the data. Associate Manager, Brand Marketing/Publishing: $92,518 to $130,011WarnerMedia DirectData Architect: $162,400 to $200,150 median; ranging from $159,800 to $205,000WarnerMedia Services

Organizations: & $, & $, & $

☆ A TikToker who 'consensually' doxxes people says it's easier than you'd think
▼ + stars: | 2022-12-07 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Today, I am introducing you to a viral phenomenon that certainly wasn't on my 2022 bingo card: "consensual doxxing." Meet a TikToker who's gone viral for her "consensual doxxing" content. But one TikToker has garnered hundreds of thousands of followers who want her to expose their secrets. Kristen uses her platform to "consensually dox" users and reveal their birthdays using just social media — and has become a data-privacy educator by proxy. Users are often shocked by how easy it is for her to find out their information, Kristen said.

☆ The former CEO of WarnerMedia predicts only 3 major entertainment companies will survive in the streaming space
▼ + stars: | 2022-12-06 | by ( Travis Clark | ) www.businessinsider.com time to read: +4 min

Media exec Jason Kilar predicts only 3 entertainment companies will survive the streaming war. In a piece for The Wall Street Journal, Kilar predicted that only three of the global entertainment companies, not including tech giants Amazon and Apple, will come out of the "streaming war" unscathed. But based on Kilar's threshold, Disney is well-positioned to survive, with 235 million global subscribers across its services, 164 million of which belong to Disney+. Kilar added that "two or three major mergers and/or acquisitions" in the entertainment industry would occur in the next two years because of shifts in the streaming space. Former Disney CEO Bob Chapek, who was ousted last month, hinted in September that he'd want to integrate Hulu into Disney+ once the deal is complete, though it's unclear what returning CEO Bob Iger's plans are.

☆ Jason Kilar on the Chaotic Streaming Wars—and How This Hollywood Story May End
▼ + stars: | 2022-12-05 | by ( Jason Kilar | ) www.wsj.com time to read: 1 min

This is a short story about the business of telling stories, in three acts. Act OneNot so long ago—2010, to be precise—Hollywood was enjoying a record financial year. Over 90% of U.S. households paid an average of $74 a month for what at the time was the dominant American entertainment product: the cable-TV bundle. The bundle brought in over $93 billion in subscription revenues, which was divided between distribution companies and entertainment companies. Advertising revenues from the bundle contributed an additional $60 billion.

First, we have to understand why our minds make it so hard to have a nuanced view. Then, we have to get beyond that.

☆ 21 Warner Bros. Discovery streaming and content vets who are on the market after layoffs
▼ + stars: | 2022-11-30 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com time to read: +2 min

A slew of top content and streaming executives exited WarnerMedia after its merger with Discovery. Insider identified 21 respected film, TV, digital, and sales pros who are free agents. They're ones to watch as the media industry continues to figure out its streaming future. Sign up for our newsletter to get the news, trends and strategies that advertising and media pros want to know — delivered weekly to your inbox. The first execs to exit in April were Jason Kilar, CEO of WarnerMedia, Warner Bros. CEO Ann Sarnoff, and other C-suite leaders reporting to them.

☆ 21 streaming and media free agents on the market after Warner Bros. Discovery layoffs
▼ + stars: | 2022-11-23 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com time to read: +2 min

A slew of top content and streaming executivess exited WarnerMedia after its merger with Discovery. Insider identified 21 respected film, TV, digital, and sales pros who are free agents. They're ones to watch as the media industry continues to figure out its streaming future. Sign up for our newsletter to get the news, trends and strategies that advertising and media pros want to know — delivered weekly to your inbox. The first execs to exit in April were Jason Kilar, CEO of WarnerMedia, Warner Bros. CEO Ann Sarnoff, and other C-suite leaders reporting to them.

☆ CNN chief Chris Licht has big ideas, but employees are nervous, and more job cuts are coming
▼ + stars: | 2022-10-26 | by ( Alex Sherman | ) www.cnbc.com time to read: +13 min

Courtesy: CNNShifting from ZuckerPart of Licht's challenge as the new leader of CNN is he's not the old leader. There's also a hangover effect from the sudden collapse of CNN+, which Zucker pushed relentlessly as the future of the business. The comments heightened anxiety for many CNN staffers, according to six people who were at the company at the time. The changes should also bring workflow alignments to CNN digital and linear, which should help both entities' content and organization. CNN still hasn't named a chief digital officer, although the company's job posting now says it's filled.

☆ How Warner Bros. Discovery's reorganization, content cuts, and layoffs have shocked Hollywood and delighted Wall Street
▼ + stars: | 2022-08-04 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com time to read: +5 min

Discovery formed in 2022, combining a rich array of properties from Warner Bros. to CNN. David Zaslav has been enjoying a stock runup after Wall Street analysts expressed increased optimism about Warner Bros. Discovery, with much cost-cutting behind it and growth ahead as it plans to launch a new streaming service. AT&T's WarnerMedia merged with Discovery in 2022 in a $43 billion deal, creating a content behemoth combining Warner's HBO, CNN, and famed Warner Bros. film studio with Discovery's lifestyle and reality fare. WBD shocked entertainment insiders by canceling high-profile projects like "Batgirl" and yanking episodes of shows including "Sesame Street" from HBO Max, and it has made other moves that concerned Hollywood creatives.

☆ Hulu will lose top NBC shows like 'SNL' and 'The Voice' in September, one of the key challenges ahead for streamer chief Joe Earley, according to insiders
▼ + stars: | 2022-03-10 | by ( Natalie Jarvey | Claire Atkinson | ) www.businessinsider.com time to read: +7 min

Disney executive Joe Earley was named president of Hulu in January. "This is the best outcome for them," said a former Hulu executive, noting that Earley's "superpower" is navigating the type of complicated internal conflicts that have plagued the streamer's leaders. Under Earley, Hulu will have "an advocate," the former executive said. Many in Hollywood believe Disney hasn't taken Hulu international because it doesn't want to further boost the platform's overall valuation. It will also be Earley's job to redefine the Hulu brand once it becomes 100% owned by Disney.

Search resuls for: "Jason Kilar"

14 mentions found