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☆ Top media recruiters and Hollywood insiders reveal the entertainment jobs in demand now and which companies are hiring in an 'awful' job market
▼ + stars: | 2022-10-17 | by ( Elaine Low | ) www.businessinsider.com time to read: +4 min

The typical fall "hiring boom" in the entertainment industry, especially at the big streamers, is quieter this year. Recruiters and job seekers said the job market is slow, though data and analytics pros are still in demand. Autumn is typically ripe for hiring in Hollywood. "The streamers are always in a hiring boom this time of year but you're not seeing that anymore." Data and tech jobs are still hot, said Sucherman, calling it a sector of the entertainment industry "that is expanding, not contracting."

☆ Amazon, Meta, and other big tech firms have entered the 'Great Hesitation' — cutting hiring and other costs in fear of an economic downturn
▼ + stars: | 2022-10-16 | by ( Rob Price | Eugene Kim | ) www.businessinsider.com time to read: +10 min

Leaders at large-cap tech companies are in an anxious waiting game, battening down the hatches as they prepare for the storm to hit. Some tech firms will be hurt moreAmong the biggest players in the tech industry, the impacts of a crash will not be felt evenly. "I look at these large tech companies, and over the last couple of years, obviously money's been free, everything got bloated, and all these tech companies — excluding Apple — have effectively doubled their head count over a three-year period, right? Beyond head count, tech companies are cutting back on extras, imperiling their famously lavish meal options. The largest tech companies are also signaling their anxiety by trimming budgets for their more experimental businesses and research projects.

☆ Rupert Murdoch is exploring the rejoining of Fox and News Corp into one single company
▼ + stars: | 2022-10-14 | by ( Claire Atkinson | Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Rupert Murdoch is considering bringing together Fox Corp and News Corp. Late Friday, News Corp announced it had formed a special committee to begin looking at a potential combination with Fox, following letters from Murdoch and the Murdoch Family Trust. While the television and film assets were renamed under a private company called 21st Century Fox, according to The Journal. The latter was eventually renamed as Fox Corp, and now owns Fox News, Fox Broadcast network, local television stations, and the Tubi streaming service. In May 2021, the younger Murdoch told Insider that "it's a terrific job."

☆ Amid talk of a recession, experts share why now is a good time to start a business and which industries are the most promising
▼ + stars: | 2022-10-13 | by ( Alexandra York | ) www.businessinsider.com time to read: +7 min

While the prospect of an economic downturn can be worrying, indicators suggest it's still a good time to start a business. "When starting a business, your capital needs are as low as they're ever going to be," he said. Mawhinney, along with an economist, a business coach, and an entrepreneur, each shared their predictions for the coming years and why they encourage aspiring business owners to jump on the entrepreneurial bandwagon now. "But what we're seeing now is they've realized that employment itself is risky, and it's become easier to start that business." She encourages her coaching clients, who are aspiring entrepreneurs and freelancers, to take advantage of the new opportunities.

"It is definitely a business school case study. Musk's attempt to take over Twitter is "a gift to professors and students", said Joshua White, a professor at Vanderbilt University, calling the situation "unprecedented". While the messages reflect his unusual approach to running a business, taking control of Twitter will mean managing it, at least initially. "What is to come is unclear," said Donna Hitscherich, a Columbia Business School professor. Success or failure, it will be an instant business school classroom staple, experts say.

Latinos are underrepresented in the media industry workforce across film, radio, television, newspapers and digital platforms, according to the report. Latinos are 19% of the nation's population, almost 1 in 5 Americans, and 18% of workers outside the media industry. The largest percentage of Hispanic media industry workers were employed in service worker positions (19%) — which include food, cleaning and personal and protective services, according to the latest available reports submitted by media companies to the U.S. In positions that can influence the content audiences consume, Latinos were far less represented: They made up only 7% of professional media industry positions such as actors, producers, directors, writers, reporters and editors. When Latinos did see themselves represented in content, they felt "it was inaccurate" in most cases, de Armas said.

☆ 6 top podcasts that sports media execs from ESPN to Amazon say help them keep up with the evolving industry
▼ + stars: | 2022-09-28 | by ( Colin Salao | ) www.businessinsider.com time to read: +1 min

Insider interviewed top sports media leaders that are shaping the industry. Execs from ESPN, Amazon, CBS, and Overtime shared their favorite sports media and business podcasts. This evolution means that even the most established leaders in sports media are trying to keep up with how the industry is changing. Some of these podcasts tackle the sports media business directly, while others are more about the culture within sports. Here are six podcasts recommendations from some of the sports media industry's top executives, listed alphabetically.

☆ Inside the New York Times' heated union fight, where a potential strike looms and the biggest sticking point is pay
▼ + stars: | 2022-09-28 | by ( Steven Perlberg | ) www.businessinsider.com time to read: +8 min

Will reporters at The New York Times really go on strike? The idea, unthinkable just a few months ago, is now on the lips of New York Times Guild members as the union's contract negotiations with management heat up. New York Times reporters have walked off the job before, like as part of a 1962-1963 citywide newspaper strike. But Robles said union members are upset that the Times' strong business footing has not translated into better pay. (The Times spokesperson countered that the paper was not seeing record profits).

☆ The possibility of a strike looms at The New York Times as its union battles management over wage hikes
▼ + stars: | 2022-09-27 | by ( Steven Perlberg | ) www.businessinsider.com time to read: +8 min

Will reporters at The New York Times really go on strike? The idea, unthinkable just a few months ago, is now on the lips of New York Times Guild members as the union's contract negotiations with management heat up. New York Times reporters have walked off the job before, like as part of a 1962-1963 citywide newspaper strike. The union at Wirecutter, the reviews site owned by the New York Times, walked off the job during the Black Friday shopping period last year, for instance. But Robles said union members are upset that the Times' strong business footing has not translated into better pay.

☆ Hollywood streamers' typical fall 'hiring boom' is much quieter this year. Here's where the jobs are now and when hiring will pick up again.
▼ + stars: | 2022-09-23 | by ( Elaine Low | ) www.businessinsider.com time to read: +4 min

Fall is usually a busy time for hiring in the entertainment industry, especially at the big streamers. Here's why there's a slump and when hiring is likely to pick up again. "The streamers are always in a hiring boom this time of year but you're not seeing that anymore." "Fall is usually busy — you can usually mark the seasons," said entertainment headhunter and former E! Data and tech jobs are still hot, said Sucherman, calling it a sector of the entertainment industry "that is expanding, not contracting."

☆ Mark Zuckerberg is ‘derailing’ Facebook, says Harvard expert—here's how he can get ‘back on track'
▼ + stars: | 2022-09-22 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +6 min

Mark Zuckerberg's leadership is putting Meta on track to fail, a Harvard management expert says — but it's not a lost cause. That's the suggestion for Zuckerberg from Bill George, a senior fellow at Harvard Business School and former CEO of medical technology company Medtronic. Instead, Zuckerberg has become a leader who prioritizes profits, doesn't accept advice and blames others, according to George. In February, CNBC's Jim Cramer said he has "total faith in Mark Zuckerberg" when it comes to Meta's bet on the metaverse. Why a sabbatical may be unlikely for ZuckerbergBut the odds of Zuckerberg actually following George's advice may be unlikely.

☆ How bosses can keep staff happy, according to a CEO with 99% Glassdoor approval
▼ + stars: | 2022-09-09 | by ( Charlie Metcalfe | ) www.businessinsider.com time to read: +5 min

Tom Bureau has been the CEO of the publisher Immediate Media for more than 10 years. He shares his five tips for hiring and retaining happy, motivated staff. Tom Bureau, who's been Immediate's CEO since the company was formed in November 2011, has a 99% approval rating based on 115 voluntary, anonymous employee reviews on the site. Bureau shared with his Insider his top five tips for keeping staff happy. He continued: "If you are going to work, it better work for you, and it better be fun.

☆ How sports betting is changing the media industry in the US
▼ + stars: | 2022-09-07 | by ( Ashley Rodriguez | Colin Salao | ) www.businessinsider.com time to read: +3 min

The ties between media outlets and gambling operators have only deepened since. Read more about how FuboTV is rethinking its sports betting strategy after August layoffs. On top of that, the US sports gambling industry is still in its infancy. New York turned on mobile sports betting in January, which could be a boon for the media industry even though the market could be tricky for gambling companies. A list of our recent coverage of the US sports betting industry follows.

☆ Netflix ratings reflect an effective original content strategy
▼ + stars: | 2016-04-09 | by ( Robert Elder | ) www.businessinsider.com time to read: +5 min

Netflix's original series receive higher ratings than other Netflix content, suggesting that the streaming service's focus on original content is satisfying its subscribers, according to AllFlicks data shared with Business Insider. This suggests that Netflix's push to focus on original content is working — a strategy that other streaming services should bear in mind. The Netflix logo is is shown on an ipad in Encinitas, California Thomson ReutersAccording to the data, Netflix's original content rates 11% higher than its licensed content. Nevertheless, the higher ratings attributed to original content can serve as an important pointer for both Netflix and competing streaming services. In this regard, the relatively high ratings of Netflix's original content vindicate the company's investments in original content — at least from a user satisfaction perspective — even if this investment has occurred at the expense of Netflix's overall catalog size.

Persons: Margaret Boland Organizations: Intelligence, Digital Media Industry, Netflix, Business, California Thomson, Hulu, Insider Intelligence, Amazon, Showtime, Amazon Prime, HBO Locations: Encinitas, California, SVOD

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