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The streamer didn't market its kids content enough and didn't pay attention to what children like, insiders said. Netflix hasn't been alone in dialing back on kids animation. "They had these grand plans to make a ton of animation and were going to throw a lot of money at it," said a former Netflix animation exec. But they didn't understand kids and they didn't understand animation," said a separate high-level animation programming executive. Animated series offshoot "The Boss Baby: Back in Business" is technically a Netflix original as it premiered on the streamer.
Abry Partners' $100 million stake in Kevin Hart's company HartBeat is the latest big M&A move in Hollywood. Dealmakers said production companies are valuable amid the streaming wars and demand for content. The M&A activity had top Hollywood dealmakers telling Insider in early 2022 that practically every independent production company is a target. Many production companies make work-for-hire or don't control the rights to a project once it is sold off to a studio distributor. Based on January interviews with five entertainment industry experts and insiders, Insider identified a list of 10 production companies that could be compelling acquisition targets as M&A activity continues.
Mairead Finlay moved to the Portuguese island of Madeira to be part of a "digital nomad" village. Now, I'm living in Europe's first village for digital nomads on the Portuguese island of Madeira, thanks to an initiative set up by the regional government and Startup Madeira to lure tech and creative talent to the island. That makes me fairly typical: A recent study estimated that 83% of the world's 35 million digital nomads worked for themselves, and 51% were marketers, developers, designers, writers, or in e-commerce. The next month, the digital-nomad village on the tropical Portuguese island of Madeira opened. Inside the village's co-work space for digital nomads.
I used to tell myself I could either live a life of passion and fulfillment, or I could be wealthy. Now in my 30s, I'm motivated to create a real plan towards real, long-term financial freedom. It's important when thinking long-term to consider what you need to be happy and fulfilled, because the truth is this is the only sustainable option. Now I'm motivated to create a real plan towards real, long-term financial freedom. I used to think that being wealthy meant sacrificing my values, and this is just plain wrong.
BI IntelligenceThis story was delivered to Insider Intelligence "Fintech Briefing" subscribers. Last month, BNP Paribas launched its Alpha program, and this week, Societe Generale followed suit with what it calls an "intrapreneurship" program. This inward-looking approach to innovation has both pros and cons for banks:It ensures innovation comes from within the organization. Here are some of the key takeaways from the report:A failure to consider operating culture is already hurting banks' innovation projects. A few banks managed to identify the problems posed by their operating culture early on, started to implement changes to combat it, and are already seeing positive results.
Persons: fintechs —, Sarah Kocianski, Banks, what's, BII Organizations: BNP, Alpha, Societe Generale, Insider Intelligence, Business, BI Intelligence, Citi, DBS, ING
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