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☆ ESPN should have been in a sports bundle 'from the beginning', says LightShed's Rich Greenfield
▼ + stars: | 2024-02-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailESPN should have been in a sports bundle 'from the beginning', says LightShed's Rich GreenfieldRich Greenfield, Lightshed Ventures, to talk news that Fox, ESPN and Warner Bros. Discovery are launching a combined sports streaming service.

Persons: LightShed's Rich Greenfield Rich Greenfield Organizations: ESPN, Lightshed Ventures, Fox, Warner Bros

☆ Rich Greenfield on NFLX earnings and WWE deal: This is a watershed moment
▼ + stars: | 2024-01-23 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRich Greenfield on NFLX earnings and WWE deal: This is a watershed momentRichard Greenfield, LightShed Ventures, joins CNBC's "Fast Money" to discuss Netflix earnings and its big deal with WWE for live wrestling programming.

Persons: Rich Greenfield, Richard Greenfield Organizations: WWE, LightShed Ventures, Netflix

☆ 16 VCs that are funding the future of entertainment by backing generative AI and other disruptive tech
▼ + stars: | 2024-01-12 | by ( Lucia Moses | ) www.businessinsider.com time to read: +17 min

AdvertisementAfter a period of "wild west" investing in AI, Blank believes activity will favor AI companies that respect artists' consent and compensation. It recently co-led a $1 million seed round in Conduiit, which centralizes entertainment companies' production finance operations. Endeavor Venture InvestmentsEndeavor Venture Investments is the venture arm of entertainment and sports behemoth Endeavor. SWaN & LegendThe Virginia-based VC firm has a broad consumer portfolio that includes a number of entertainment investments. With Hollywood in contraction, SWaN has largely hit pause on new entertainment investments to get its portfolio companies on a strong footing.

Persons: Michael Blank, Blank, Jon Miller, Miller, Slack, Garnet Heraman, BDMI, Urs Cete, Michael, TMRW, Tiger Woods, Rory McIlroy, Elysian Park Ventures Jay Adya, Grant Lamos, Tom Brady, Gotham Chopra, Michael Strahan, Jay Adya, Morgan, Kushaan Ahuja, Drew Glover, Glover, Alex Harris, they've, Noah Doyle, Payback India, Jed Katz, Rich Greenfield, Rich, Ilya Pozin, Jamie Seltzer, LightShed, Steve Cohen's, it's, Sri Chandrasekar, Tripp Shriner, Ishan Sinha, That's, Wondery, Ian Doody, Raine, Gordon Rubenstein, Joe Ravitch, Jeff Sine, ‐, Fred Schaufeld, SWaN, that's, Oscar, Jose, Schaufeld, Sam Wick, Alex J, Investcorp, Paul Yoo, Edgar Bronfman Jr, Daniel Leff, Waverley, Leff Organizations: Service, Creative Artists, Connect Ventures, Business, Hollywood, Veteran, TPG, Integrated Media Co, Advancit, CAA, Bertelsmann, Waverley, Octopus Ventures, Accel, Facebook, Venture, Aperture Venture, Bertelsmann Digital Media Investments, Fremantle, Connect, CAA Connect Ventures, New Enterprises Associates, TMRW Sports, Disney, Universal, Elysian Park Ventures, Elysian, Sports, Endeavor Venture, Endeavor Venture Investments, behemoth Endeavor, Dapper Labs, Fiat Ventures, Fiat Ventures Fiat Ventures, Fiat, Payback, Rent, LightShed, Rich Greenfield Influential, LightShed Ventures, Pluto, Apple, Octopus Ventures Octopus Ventures, Investments, Corp, Etsy, Re, Point72 Ventures New York Mets, Range Media Partners, Point72 Ventures, Sri, Powerhouse, Athletic, The New York Times Co, Evolution Media, Creative Artists Agency, Astro, Rave Digital Media, Accel Entertainment, Jose Andrés Media, Berliner, UTA Talent, UTA, UTA Ventures, Ventures, VR, Amazon, PFL Locations: blockchain, —, Conduiit, fintech, London, Australia, Papercup, Los Angeles, Virginia, UTA.VC

☆ Disney isn't taking ESPN direct in 2023 or 2024, says Lightshed's Rich Greenfield
▼ + stars: | 2023-05-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney isn't taking ESPN direct in 2023 or 2024, says Lightshed's Rich GreenfieldRich Greenfield, Lightshed Ventures general partner, joins 'Last Call' to discuss the recent Wall Street Journal reports concerning Disney's possible ESPN spinoff, its ongoing feud with the state of Florida, and more.

☆ Pluto TV's cofounder just unveiled a free, ad-supported TV set. Check out the 18-page deck he used to raise funds from top media analyst Rich Greenfield and Gary Vaynerchuk.
▼ + stars: | 2023-05-15 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Pluto TV cofounder Ilya Pozin has launched a new company that's trying to disrupt TV advertising. Telly is a free, ad-supported TV that's backed by Rich Greenfield, Gary Vaynerchuk, and more. Ilya Pozin, who disrupted cable with free ad-supported streamer Pluto TV, now wants to do the same for your physical TV. His company, Telly, came out of stealth mode May 15 with a new, ad-supported TV that's free to the user. Pozin said the idea for Telly grew out of Pluto, a free, ad-supported TV streaming service that he co-founded in 2013; it was acquired in 2019 by Viacom (now Paramount Global).

Elon Musk announced today that Linda Yaccarino would be the next Twitter CEO. With its revenue falling and its reputation falling faster, she may be the win Musk needs. Elon musk needs a win. The ad sales team generated more than $100 billion in ad revenue during her 12-year tenure, according to the company. That advertising revenue is just what Musk needs right now.

"This was my road to Damascus experience, a turning point in my understanding of the role of talent density in organizations," Hastings wrote. Hastings credits the company's culture of internal transparency and innovation, which endows top-performers with unusual autonomy, for Netflix's success. "This is a big psychological change for Netflix," said Neil Saunders, managing director of GlobalData. "There's no big strategy shifts or big culture shifts," he said in a post-earnings video interview with an analyst. They'll also need to find new sources of revenue, including in video games -- where Netflix will confront established rivals.

☆ Weakening ad revenue could compromise Meta's free cash flow
▼ + stars: | 2022-10-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWeakening ad revenue could compromise Meta's free cash flowEric Hippeau, Lerer Hippeau managing partner and co-founder, and Brandon Ross, LightShed Ventures general partner, join 'Closing Bell' to share their view on Meta shares dropping after it announced plans for further spending, areas for economic activity in the Metaverse, and the timeline for investment payoff.

☆ How newsletter startup Workweek plans to become the next Condé Nast — and sell chicken sandwiches
▼ + stars: | 2022-10-11 | by ( Dan Whateley | ) www.businessinsider.com time to read: +7 min

Workweek is a media company built around a roster of 21 newsletter writers. This summer, the operations team at the business-focused media startup Workweek began brainstorming the best way to open a chicken restaurant. Regardless of whether Workweek begins selling chicken or not, the project is already a success in its CEO Adam Ryan's eyes. "One of the things that we wanted to answer was, could we make 10 times more revenue per subscriber than the average media company?" Heading into 2023, Workweek plans to expand its talent roster and grow into new content verticals.

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