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☆ Stocks making the biggest moves midday: Domino's Pizza, DraftKings, Lucid, SunPower and more
▼ + stars: | 2023-07-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

The agreement has the potential to add incremental orders from Uber Eats to 70% of Domino's stores, the company said. DraftKings — Shares of the sports betting app rallied about 5% following an upgrade to buy by analysts at Bank of America. Bank stocks — Bank stocks jumped after consumer prices came in lighter than expected. SunPower — Shares jumped 9.4% after the solar power company was upgraded by Raymond James to strong buy from outperform. Beyond Meat shares added 4% in the previous session.

Persons: Uber, DraftKings, it's, Lazard, Jefferies, Morgan Stanley, Goldman Sachs, KeyCorp, Lucid, FactSet, Raymond James, Pavel Molchanov, Stellantis, Holley, JPMorgan, Yun Li, Alex Harring, Samantha Subin, Michael Bloom Organizations: Domino's, Bank of America, TV, Jefferies, Bank, — Bank, Citigroup, Goldman, Comerica, Acadia Healthcare, Holley Inc, —, JPMorgan Chase Locations: Zions, U.S, New Mexico, Acadia

☆ Stocks making the biggest moves premarket: Netflix, Roku, SunPower, Beyond Meat and more
▼ + stars: | 2023-07-12 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Packages of Beyond Meat Inc.'s plant-based products, Beyond Burger and Beyond Sausage, are displayed at a supermarket in Katwijk, Netherlands, Nov. 19, 2020. Beyond Meat — The plant-based meat alternative added 2% Wednesday morning. Beyond Meat shares popped 4% in the previous session. SunPower — The solar power company soared nearly 6% in premarket trading after an upgrade from Raymond James, which said the stock's recent weakness is "excessive." Netflix — The streaming giant added 0.4% Wednesday morning after UBS increased its price target on Netflix to $525 per share, implying upside of nearly 20%.

Persons: SunPower, Raymond James, Nicholas Jones Organizations: Inc, Shopify, Whole Foods, Netflix, UBS, Holley Inc, Bank of America, JPMorgan Chase Locations: Katwijk, Netherlands, U.S

Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. $10.14 from Amazon Originally $25.00 Save 59%Prime Day deals: StyleWe've got you covered for head-to-toe deals across the fashion world today. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day. $12.99 from Amazon Originally $23.99 Save 46%More Prime Day dealsDeal icon An icon in the shape of a lightning bolt. You'll also get a bonus of $10 with this Prime Day deal when you use the code "HAPPY" and spend $50.

Persons: we've, snagging, We're, you've, we'd, We've, they're, it's, Amazon’s, eero, You'll, Apple, Bose, AirPods, Price, Price Roku, Dolby, Max, Price Casper, Casper, Coop, it’s, It's, Rich, wicks, Price Bowflex, Garmin Venu, Venu, you’ve, Riley C.E.O, Sunday Riley, It’s, Murad Retinol, Kit Burt's, Kit, Kenneth Cole, Steven Madden, Martens, Vines, Herschel, Price Calvin Klein, Calvin Klein racerback, Now's, JW Pei, Price Apple, Price Arlo, we’ve, Bento, bento, you'll, LaCroix, seltzer, Foodi, Fryer, fryer, Hoover, Decker, Dyson, Bissell, Zelda, Price Hori, Con, Ed, Collar, Gray, Inaba, Brown Rice, Robin Organizations: Apple, Amazon, Prime, Black, Alexa, Amazon's, Echo Studio, Music, Amazon Deal, Price Apple, Samsung, LG, Walmart, Casper, Health, Bands, Price Garmin, Garmin, OSHA, Optimum, Theragun's, Amazon Prime, Sunday, Panasonic, frizz, Adidas, Chelsea, Herschel Supply, Deal, Navy, Columbia, Energy, Steam, IRIS, GE, OmieGo, ICE, Quart, ICM, Deal LG, Fire, Price LG, PlayStation, Google, Price NVIDIA, Computers, Gaming, Nintendo, MacBook Air, Asus, Mobile, Lenovo, Intel, AMD, Monitor, Seagate, Dell, Monitor Samsung, Gray, Super Nintendo Entertainment, ASUS, Buffalo, Pets, Deal Samsung Galaxy, Galaxy, Fujifilm, Marvel, Deal Indiana Jones, Indiana Jones, — Raiders Locations: Siena, Birch, Sol, Colombia, Cha Kyusu, sharpener, Whynter, it's, It's, Kingdom

Prime Day 2023 ends tonight and we're still working hard to round up all the best deals of day 2. Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. On select sizes and colors, you can get up to 60% off, the lowest Prime Day price to date. Even with a newer C3 model out this year, this remains a better value, especially at this current Prime Day deal price. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day.

Persons: we're, we've, snagging, We're, I've, Sarah Saril, you've, we'd, We've, they're, it's, Amazon’s, eero, You'll, Apple, Bose, AirPods, Price, Price Roku, Dolby, Max, Price Casper, Casper, Coop, it’s, It's, Rich, wicks, Price Bowflex, Garmin Venu, Venu, you’ve, Luna, Riley C.E.O, Sunday Riley, It’s, Murad Retinol, Kit Burt's, Kit, They're, Snuggies, Elaine Benes, Kenneth Cole, Steven Madden, Martens, Ray Bans, Vines, Price Calvin Klein, Calvin Klein racerback, Grey Heather, Now's, JW Pei, Price Honeywell, Price Apple, Price Arlo, we’ve, fryer, Bento, bento, you'll, LaCroix, seltzer, Foodi, Fryer, Pro Air Fryer, Price Dyson, Dyson, Hoover, Decker, Bissell, Price Dell, Price LG, Ed, Swift, Zelda, Price Hori, Con Organizations: Tech, Apple, Amazon, Prime, Black, Alexa, Amazon's, Echo Studio, Music, Price Apple, Price Sony WH, Sony, Samsung, LG, Walmart, Casper, Health, Bands, Price Garmin, Garmin, OSHA, Optimum, Theragun's, Amazon Prime, Sunday, Panasonic, frizz, Amazon Deal, GAP, Adidas, Chelsea, Deal, Navy, Columbia, Honeywell, Energy, Steam, IRIS, GE, Oster Digital, Fryer, Oster, OmieGo, ICE, Pro Air, ICM, Deal LG, Fire, Price LG, PlayStation, Google, Price NVIDIA, HP, Price Samsung, MacBook Air, Asus, Mobile, Lenovo, Intel, AMD, Monitor, Seagate, Dell, Monitor Samsung, ASUS, Gaming, EA Star Wars, Star, Nintendo, Gray, Super Nintendo Entertainment Locations: Siena, Birch, Sol, Colombia, Cha Kyusu, sharpener, Whynter, it's, It's

The best Prime Day TV dealsDeal icon An icon in the shape of a lightning bolt. $89.99 from Amazon Originally $149.99 Save 40%Deal icon An icon in the shape of a lightning bolt. Lowest Price Amazon 43-inch Omni Series 4K Fire TV The Omni Series The smallest version of Amazon's flagship TV brand boasts 4K picture quality and Alexa-powered voice controls. Prime member exclusive $429.99 from Amazon Originally $559.99 Save 23%Deal icon An icon in the shape of a lightning bolt. Deal Amazon Fire TV Cube (2022) Amazon's latest Fire TV Cube offers 4K streaming support, hands-free Alexa, an HDMI input, and video upscaling.

Persons: We've, Price, it's, It's, we've, Bose, you'll, Price Roku, Dolby, you've, AirPods Organizations: Samsung, Amazon, Price Samsung, LG, NVIDIA, Deal LG, Sony, Prime, SAMSUNG, Price LG, PlayStation, Omni, Fire, Price NVIDIA, Dolby, Google, Alexa, Price Apple

Unlike Prime Day, where you must be an Amazon Prime member, anyone can take advantage of Walmart Plus Week. To compare the Walmart Plus Week deals to Amazon, visit our best Prime Day deals live blog. Walmart is holding a competing Prime Day sale called Walmart Plus Week. Do I need a Walmart Plus subscription to get Walmart Plus Week deals? Walmart Plus Week started with early access deals for Walmart Plus members on July 10.

Persons: Price Dyson, Dyson, Price, Opal Organizations: Walmart, Amazon, Glide, Price Samsung Galaxy, Samsung Galaxy, Android, Price GE, Deal, Monitor, Amazon Prime

Limited-Time Deal Amazon Music Unlimited (Prime Member Plan) Amazon Music Unlimited lets you stream more than 90 million songs ad-free and millions of podcasts. $16.99 from Amazon Originally $29.99 Save 43%Prime Day deals: AudioDeal icon An icon in the shape of a lightning bolt. Deal Amazon Echo Buds (2023) If you need a new pair of wireless earbuds with decent sound, try the newest Echo Buds. $279.99 from Amazon Originally $499.99 Save 44%Prime Day deals: BeautyDeal icon An icon in the shape of a lightning bolt. $145.00 from Amazon Originally $210.00 Save 31%More Prime Day dealsDeal icon An icon in the shape of a lightning bolt.

Persons: We're, we've, Amazon’s, eero, AirPods, Price, it's, Price Roku, Dolby, you've, Max, Price Casper, Casper, It's, Coop, Rich, wicks, Price Bowflex, Garmin Venu, Venu, you’ve, Riley C.E.O, Sunday Riley, It’s, it’s, Murad Retinol, Kit Burt's, Kit, you'll, LaCroix, seltzer, Foodi, Fryer, fryer, they're, Price Arlo, Dyson, Collar, You'll, Gray Organizations: Amazon, Alexa, Amazon's, Echo Studio, Music, Prime, Price Apple, Samsung, Apple, LG, Amazon Prime, Walmart, Casper, Health, Fitness, Price Garmin, Garmin, Optimum, Theragun's, Sunbeam, Sunday, Panasonic, Amazon Deal, Energy, AA, Black, Steam, Quart, Deal LG, Fire, Price LG, PlayStation, Google, MacBook Air, Asus, Mobile, Lenovo, ASUS, Monitor, Seagate, Deal Samsung Galaxy, Galaxy, Fujifilm, TSA Locations: Siena, Birch, Sol, it's, sharpener

We're also in the middle of Walmart+ Week, a big sales event taking place both on Walmart's website and in stores. Here are some of the best Walmart+ Week deals we've found so far from our favorite brands. The best Walmart+ Week deals you can buy right nowDeal icon An icon in the shape of a lightning bolt. $198.00 from Walmart Originally $499.00 Save 60%Is Walmart holding a sale during Amazon Prime Day 2023? Do I need a Walmart+ subscription to get Walmart+ Week deals?

Persons: We're, we've, Price, Dyson Organizations: Amazon, Walmart, Glide, Monitor

And unlike Amazon Prime Day, Walmart+ Week sales are open to all customers, even if you don't have a Walmart+ subscription. Here are some of the best Walmart+ Week deals we've found so far from our favorite brands. And to see how Walmart+ Week compares to Amazon Prime Day, make sure to check out our best Prime Day deals live blog. During Walmart+ Week 2023, it's down to $599 for the king size, which is $30 less than Amazon's deal price. What deals should I expect from Walmart during Walmart+ Week 2023?

Persons: we've, Price, Dyson, Opal Organizations: Walmart, Amazon, Amazon Prime, Glide, Price Samsung Galaxy, Samsung Galaxy, Android, Price GE, Deal, Monitor

☆ AI will drive personalization, not creativity, says Roku's VP of growth marketing, Sweta Patel
▼ + stars: | 2023-07-03 | by ( Will Wei | ) www.businessinsider.com time to read: 1 min

Link icon An image of a chain link. It symobilizes a website link url. Link icon An image of a chain link. LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link.

Though the 6-Series name might be retired, its legacy lives on in TCL's brand-new Q7 4K TV. It's not perfect, but the Q7 is easily one of the best 4K TVs you can buy for under $1,000. TCL 65-inch Q7 QLED 4K TV TCL’s Q7 is an excellent midrange QLED 4K TV, delivering better picture quality than similarly priced competitors. The Google TV interface is intuitiveThe Google TV interface offers easy access to popular apps and handy integration with other Google services. The TCL Q7 is easily one of the top midrange 4K TVs you can buy this year.

Persons: TCL, Ryan Waniata, It's, you'd, Harry Potter, you've, Roku, You've, Dolby Organizations: LG, Sony, Samsung, ", Google, YouTube, AMD, Dolby, Smart

☆ Roku will air Formula E races as part of the streamer's first live sports deal
▼ + stars: | 2023-06-27 | by ( Yuheng Zhan | ) www.cnbc.com time to read: +3 min

Roku will become the U.S. streaming home of Formula E, the electric vehicle-powered auto racing series, with both live and on-demand replays of races. Starting with the upcoming season, the Roku channel will host 11 ABB FIA Formula E World Championship races, it said in a press release. Beginning in January, five races will also air live on CBS and simulcast on Paramount+, which will be accessible through Roku. Debuting at the Olympic Park in Beijing in 2014, Formula E's races take place worldwide, and the first fully electric racing series currently features 12 teams and 24 drivers. Last year, the company said races reached a record high of 216 million live viewers, up 10% from the previous season.

Persons: Roku, Aarti Dabas, — CNBC's Lillian Rizzo Organizations: Formula, CBS, ABB FIA Formula, Paramount, Formula E, Netflix, Research, Disney, ESPN, Comcast, NBA, Turner Sports, CNBC Locations: U.S, Portland , Oregon, Beijing

☆ Premarket stocks: Why it might be time to get optimistic about the market
▼ + stars: | 2023-06-26 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

US stocks, meanwhile, have managed to pull up from their recent bear market into bull territory. Still, there’s good reason for investors to be optimistic, says Indrani De, head of global investment research at FTSE Russell. That makes sense, since tech and energy stocks have largely been driving markets upward over the last few weeks. For instance, leading venture capital firm Sequoia Capital held just more than $1 billion at SVB, according to the FDIC document. The FDIC document shows that Circle held $3.3 billion at SVB, a figure that the stablecoin company previously disclosed.

Persons: New York CNN —, Indrani De, Bell, De, froth, Matt Egan, SVB, Zhipin Organizations: CNN Business, Bell, New York CNN, FTSE Russell, Energy, Communications Services, Technology, Tech, Consumer Staples, FDIC, Bloomberg, Silicon Valley Bank, Bloomberg News, Sequoia Capital, PayPal, Google, Apple, Internet Locations: New York, Russia, disinflation, Silicon, Beijing

☆ FDIC accidentally reveals details about Silicon Valley Bank’s biggest customers
▼ + stars: | 2023-06-23 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN Business —The FDIC mistakenly revealed to Bloomberg News details on the biggest customers at Silicon Valley Bank, the failed bank whose depositors were rescued through emergency action by regulators. According to Bloomberg, that document was accidentally released unredacted by the FDIC in response to a Freedom of Information Act request. For instance, leading venture capital firm Sequoia Capital, held just more than $1 billion at SVB, according to the FDIC document. The FDIC document indicates the Chinese firm held about $903 million at SVB. The FDIC, charged with insuring deposits at banks, apparently did not intend to release the details on SVB’s biggest customers.

Persons: SVB, Zhipin, Dennis Kelleher, ” Kelleher, Mike Pence, ” Organizations: New York CNN Business —, Bloomberg, Silicon Valley Bank, Bloomberg News, FDIC, Sequoia Capital, PayPal, Google, Apple, Sequoia, CNN, Better Markets, Internet, Better, Main Street Locations: Silicon, Beijing

☆ Vice Media declares Fortress Investment Group the winning bidder in bankruptcy sale
▼ + stars: | 2023-06-22 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

(Photo by Hutton Supancic/Getty Images for SXSW)Vice Media has declared Fortress Investment Group's stalking horse bid of $225 million the winning offer for the company as it emerges from bankruptcy. Vice received multiple bids for the company, but none of them "rose to the level of being deemed a superior bid," according to an internal memo obtained by CNBC. Vice will present the sale to bankruptcy court on Friday and expects the acquisition to close then, the company said in the memo. The sale closes a chapter for the digital media company that was valued at $5.7 billion in 2017. Vice owns a series of assets including Vice News, Vice Studios, Refinery29 and an ad agency called Virtue.

Persons: Hutton Supancic, Fortress, GoDigital, Craig Greiwe, Spokespeople Organizations: Media, Investment, CNBC, Soros Fund Management, Monroe Capital, News, Vice Studios, Cannes Lions Locations: Viceland, Austin , Texas

☆ Roku CEO Anthony Wood on streaming, digital advertising, and the media competition landscape
▼ + stars: | 2023-06-21 | 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 EmailRoku CEO Anthony Wood on streaming, digital advertising, and the media competition landscapeRoku CEO Anthony Wood sits down with CNBC's Julia Boorstin at Cannes Lions 2023 to discuss streaming, digital advertising, media competition, and the future of content.

Persons: Anthony Wood, CNBC's Julia Boorstin Organizations: Cannes Lions

☆ Retail investors slow to buy into ARK Innovation Fund's blistering rally
▼ + stars: | 2023-06-21 | by ( David Randall | ) www.reuters.com time to read: +3 min

NEW YORK, June 21(Reuters) - Individual investors have given a cold shoulder to Cathie Wood’s ARK Innovation Fund during their searing run this year, but some market watchers believe that may change if risk appetite keeps improving. The $8 billion fund, which outperformed all U.S. equity funds during the pandemic rally of 2020 but suffered a steep fall last year, is up nearly 37% year-to-date, outpacing broader markets. ARK Invest, the fund's parent company, did not respond to a request for comment. Domestic equity funds and ETFs posted a total of $151.3 billion in outflows year to date through June 7th, according to data from trade group the Investment Company Institute. Optimism among individual investors vaulted to a 19-month high in the latest American Association of Individual Investors (AAII) Sentiment Survey.

Persons: Todd Rosenbluth, Rosenbluth, Virag Shah, Van, Morgan Stanley, Shah, David Randall, Ira Iosebashvili, David Gregorio Our Organizations: YORK, Innovation Fund, Invest, Investment Company Institute, Van Leeuwen & Company, American, of, Tesla, Roku Inc, Sciences, Thomson Locations: Van Leeuwen

☆ UK streamer BritBox just inked a big Comcast deal and is poised to grab more US viewers with shows that go way beyond Agatha Christie
▼ + stars: | 2023-06-15 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

British streamer BritBox just scored a deal with Comcast as it eyes US expansion. BritBox is like other enthusiast streamers that have sustained growth while big SVODs' growth has slowed. BritBox International, the British-specialty streaming service backed by BBC Studios and ITV Studios, has big ambitions for growth. The Xfinity opportunity is "a real step change in terms of distribution and access," said Reemah Sakaan, CEO of BritBox International. But BritBox sees itself in a good position to complement the big streamers — as British content moves into the mainstream and interest in high-quality, international content grows.

Persons: it's, Comcast's, BritBox, Reemah Sakaan, Agatha Christie's Poirot, Matthew Macfadyen, John Stonehouse, Frannie Langton, Jed Mercurio's, Mercurio's, Cary Grant, Archie, Jason Isaacs, Harry Potter, Matthew Macfadyen's, Brian Cox, Logan Roy, Robert Schildhouse, King Charles, Sakaan, We've Organizations: Comcast, BritBox, BBC Studios, ITV Studios, AMC, BET, Netflix, Hulu, US, Amazon's, Disney, Labor, Warner Bros, Hollywood, Writers ' Guild of Great Locations: British, Canada, Australia, Scandinavia, " Stonehouse, BritBox, American, Stonehouse, North America, Writers ' Guild of Great Britain

We'll also guide you step-by-step on how to use a VPN to watch UFC 289 no matter where you are. How to watch UFC 289 in the USUS viewers can watch the main event of UFC 289 on ESPN+ tonight at 10 p.m. In Canada, UFC 289 will be available as a pay-per-view though several TV providers as well as directly via UFC Fight Pass. Here's the fight card for UFC 289: Nunes vs. AldanaESPNEarly Prelims — 7 p.m. ET on UFC Fight PassDavid Dvorak vs. Stephen Erceg (Flyweight)Diana Belbita vs. Maria Oliveira (Women's strawweight)Prelims — 8 p.m.

Persons: Amanda Nunes, Irene Aldana, We'll, Miesha, Julianna Peña, Nunes, Peña, ExpressVPN, Aldana, David Dvorak, Stephen Erceg, Diana Belbita, Maria Oliveira, Women's, Chris Curtis, Miranda Maverick, Jasmine Jasudavicius, Aiemann, Kyle Nelson, Blake Bilder, Charles Oliveira, Beneil, Mike Malott, Adam Fugitt, Dan, Nate Landwehr, Marc, Andre Barriault, Eryk Anders Organizations: UFC, Rogers Arena, ESPN, BT, Miesha Tate, Amazon, Apple, PlayStation, Samsung, BT Sport, Express, Aldana ESPN Locations: Vancouver, Canada

☆ CNN needs more than a new CEO. It needs a business strategy
▼ + stars: | 2023-06-08 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Chris Licht, Chairman and CEO, CNN Worldwide, speaks onstage during the Warner Bros. Warner Bros. But Licht's entire tenure at CNN could have turned out differently had he persuaded Zaslav to keep CNN+. Perrette told the CNN+ leadership to pause all marketing spending and not to launch on Roku. A Warner Bros.

Persons: Chris Licht, David Zaslav, Licht, Donald Trump, Zaslav, David Leavy, Jake Tapper's, Anderson Cooper, Andrew Morse, Alex MacCallum, Robyn Peterson, Neal Chugani, Perrette, financials Organizations: CNN Worldwide, Warner Bros, Madison, Garden, Discovery, CNN, Warner Bros . Discovery Locations: New York City

☆ Spotify to lay off 200 workers in podcast division
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +2 min

June 5 (Reuters) - Spotify Technology SA (SPOT.N) said on Monday it would cut 200 jobs from its podcast unit in its second round of layoffs, as the company restructures the business after years of heavy investment. Spotify had spent aggressively to build up its podcast business in recent years, hoping the higher engagement levels offered by the format will bring in more advertisers. In response, Spotify cut 6% of its workforce earlier in 2023 and announced the departure of Dawn Ostroff, who helped shape its podcast business and guided it through controversies such as the backlash around Joe Rogan's show for allegedly spreading misinformation about COVID-19. Sahar Elhabashi, who heads the podcast business, said on Monday that the company has "made the difficult but necessary decision to make a strategic realignment." Spotify also said it will merge its Parcast and Gimlet studios into a single Spotify Studios division, which will produce Spotify originals.

Persons: Dawn Ostroff, Joe Rogan's, Sahar Elhabashi, Elhabashi, Tiyashi Datta, Vinay Dwivedi, Shweta Agarwal Organizations: Spotify Technology SA, Spotify, Spotify Studios, Thomson Locations: Sweden, Bengaluru

Today's your last chance to score one of these excellent Memorial Day TV sales. We've also been busy covering the latest Memorial Day mattress sales and the wider world of Memorial Day sales if you're looking to treat yourself today. The best Memorial Day TV salesMemorial Day TV dealsThe Samsung S95B delivers impressive color and contrast performance. You're also getting the Amazon Fire TV smart TV features built-in along with a Fire TV remote. Memorial Day TV sale FAQsWhen is Memorial Day 2023?

☆ Desperate for streaming profits, media giants look to a soft ad market for help
▼ + stars: | 2023-05-20 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +8 min

(AP Photo/Universal Pictures) Photo Credit: Universal Pictures/Tippett StudioAfter spending years amassing streaming subscribers at great cost, media companies now need to make some profits. Look no further for proof of that than the most recent annual Upfronts, the events where media companies like Fox Corp ., Warner Bros. During Disney's earnings call earlier this month, CEO Bob Iger put new emphasis on ad-supported streaming. 'We need ads'There's been an uptick of consumers signing up for ad-supported streaming subscriptions. But media companies are struggling with the question of whether ad-tier subscriptions make up for other losses.

☆ These 18 top Netflix execs are driving its advertising push under head Jeremi Gorman as the company makes its first big TV upfronts pitch
▼ + stars: | 2023-05-17 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

Peter Naylor, VP of global advertising salesPeter Naylor, VP, global advertising sales. Netflix has also brought on several directors and other roles in ad sales who've worked at Hulu, Snap, and elsewhere. They are Kinsey Osberg Tamberrino, who is Publicis' main point of contact, and who spent eight years at Hulu, rising to director of advertising sales. Chad Rumminger, who focuses on automotive accounts, from automotive ad sales at Twitter. Julie Taylor Green is head of US vertical ad sales; she was TikTok's director of global business solutions before that.

☆ Walmart's top ad sales exec tells Insider his plan to grab TV and social media budgets
▼ + stars: | 2023-05-10 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Walmart has big ambitions to grow its digital ad sales while still focusing on its huge in-store reach. Walmart is hoping to use its footprint of 4,700 physical stores to give it a leg up in retail media. Last year, Walmart brought on the seasoned retail media exec Ryan Mayward to steer ad sales to give its advertising arm Walmart Connect a big boost. Mayward previously led ad sales for Instacart and he helped Amazon grow its relationships with ad agencies. Similar to other marketplaces like Amazon and Instacart, search advertising on Walmart.com is a basic part of every brand's advertising plan, he said.

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