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Read previewUpdate: After this article was published, Paramount Global confirmed to Business Insider that the company had sold VidCon to Informa. Paramount Global is selling its creator conference VidCon to the UK media and events company Informa, according to two people familiar with the matter. They spoke to Business Insider on the condition of anonymity as they were not allowed to discuss details around the deal. Adding VidCon, which centers on social-media stars rather than Hollywood and comic-book talent, could help broaden the fan base and advertiser roster of its events business. BI was unable to learn the terms of the VidCon deal between Paramount and Informa.
Persons: , VidCon, Informa, YouTubers Hank, John Green, São Paulo, Green, lanyards, Phillips, Adweek, David Ellison's Organizations: Service, Paramount Global, Business, Toronto Comicon, Cannes Lions, Paramount, Viacom, SXSW, Disney, Media, BI Locations: Anaheim , California, Baltimore, Mexico City, Anaheim
In fact, I outperformed nearly all draft prospects in certain categories of this test, floundering on only one. Related storiesFor many years, the standard-bearer for evaluating the brains of NFL athletes was the Wonderlic, a short IQ test with a series of increasingly difficult questions. Stroud, then favored to be the first player selected in the NFL draft, over the Alabama quarterback Bryce Young. But then Stroud, the alleged dolt, went on to have one of the best rookie campaigns of any NFL quarterback, while Young struggled all year. Unfazed by the controversy over Stroud, S2 has begun selling its tests to other sectors.
Persons: Pong, Jack Marucci, Marucci, we've, Brandon Ally, Scott Wylie, Ally, Wylie, Patrick Mahomes, Lamar Jackson, John Michel, C.J ., Bryce Young, Young, Stroud, Stroud's, Aaron Rodgers, That's, Myers, Briggs, Goldman Sachs, Alberto Miranda, that's, Michel, Scott Nover Organizations: National Football League, SEC, Louisiana State University, NFL, Loyola University Maryland, Ohio State, Alabama, Athletic, Jets, Athletic Intelligence, intuit, Boeing, Meta, BI Locations: Tennessee, Nashville, C.J . Stroud, Stroud, Columbus , Ohio
But perhaps Pepsi's most memorable disaster (in the US, anyway) was when it was nearly forced to buy a McDonnell Douglas AV-8B Harrier II fighter jet for one of its consumers. He never got it, but the memory of his attempt has long outlived the Pepsi Points campaign. A pile of Liquid Death cans at a festival. All you need to do is visit the giveaway site and start a text chain, buy a Liquid Death product from a physical store, and text a photo of the receipt. The company swears entrants to the jet contest will not have to take them to court to get the prize.
Persons: Kendall Jenner, McDonnell Douglas, Douglas, Jerod Harris, John Leonard, that's, it's, Joseph Okpako, Andy Pearson, Liquid, Adweek Organizations: Service, PepsiCo, Pepsi, McDonnell, Getty, Netflix, Pepsi Points, Warsaw Pact, Albatros Locations: America, Philippines, Czech, Los Angeles, Czechoslovakia, Warsaw
Search versus SGESince December, Business Insider has plugged the same queries into Google's traditional search engine and its generative AI version to see how information is presented differently. Mark Mahaney, a top internet analyst at ISI Evercore, has been testing SGE alongside generative AI rivals like Perplexity and OpenAI's ChatGPT. Ray has spotted answers in SGE results that are not sourced from websites that rank in the top 100 positions for that query in traditional Search results. Neither query produced any sort of generative AI response — although a search for "common cold" did. They've already got billions of people using Chrome and using Google search," Shmulik told BI.
Persons: It's, Mark Mahaney, Mahaney, SGE, Adweek, Alan Antin, Google's SGE, Gaga's, Gaga, Tiffany, Kali Hays, Google's, Sundar Pichai, Lily Ray, Ray, Mark Shmulik, Bernstein, Susan Orlean, Evercore's Mahoney, we're, Bernstein's, Shmulik, he's, ChatGPT Organizations: Google, Business, Microsoft, Gartner, ISI, New York Magazine, BI, GitHub, LinkedIn, SGE, Bing Locations: SGE, OpenAI
Wardrobe consultant Kenzie Welch encourages her clients to invest in quality T-shirts. She recommends the Tomboy Tee, which usually retails for around $50, from Cuts Clothing. But fashion stylist and wardrobe consultant Kenzie Welch told Business Insider the No. 1 item she always tells her clients to invest in is a great quality T-shirt. "I do think that sometimes there's some value in having less but spending a little more," she added.
Persons: Kenzie Welch, Tee, Patrick Mahomes, AdWeek, Welch, I've, there's, you've, it's Organizations: Service, Business Locations: Atlanta, Instagram, Los Angeles
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Representatives for Walmart and Amazon did not respond to requests for comment from Business Insider. Walmart currently sells ad space to suppliers on its internal site and app and conducts ad campaigns through promoted posts on external social media sites. Advertisement"Walmart's consumer reach could propel Vizio's ad business to eventually rival Samsung and Roku. In Q4, which included the holiday shopping season for both companies, Walmart reported $173.4 billion in revenue, compared to Amazon's reported $169.96 billion.
Persons: , Forbes, David Zapletal, Kenneth Suh, AdWeek, Ross Benes, Doug Herrington, Fortune, Seth Dallaire Organizations: Service, Amazon, Business, Walmart, Hulu, Walmart Connect, Samsung, CTV, Insider Intelligence, Amazon's
New York CNN —A former TikTok senior executive is suing the company alleging that she experienced discrimination based on her age and gender during her three years working for the company. Puris also alleges the company inadequately responded after she says she reported having been sexually harassed at an event she attended for work. TikTok told Puris she had been fired for “performance reasons,” according to the complaint. Puris’ lawsuit is not the first time the social media giant has come under fire for alleged discrimination. “In addition, after Ms. Puris’ protected complaints, TikTok began minimizing her in the Company and important decisions affecting her team were made without her input,” the complaint states.
Persons: New York CNN —, Katie Puris, Puris, TikTok, , Puris “, , Shou Chew, Chew Organizations: New, New York CNN, TikTok, Court, US, Employment, Commission, Black, CNN, Opportunity Commission, Facebook, Google, Company, Cannes Lion, Business Solutions Locations: New York, Southern, York, TikTok, United States, China
Last year, Adweek reported, major advertisers started shifting their Super Bowl strategy away from the X platform in favor of sites like TikTok and Reddit. According to MediaRadar's analysis of this year, the same advertisers slashed spending ahead of Super Bowl LVIII on the platform by 55%, to $21.1 million. The report found that despite the cuts, BetMGM, alongside Oreo, remained among the top spenders for the upcoming Super Bowl. AdvertisementX's advertising exodus comes for the Super BowlOn X, per AdAge magazine, the cost to create a promoted trending topic is $700,000 during the Super Bowl. "It also shows the race to the bottom that the X platform has fallen into," he added.
Persons: , Adweek, MediaRadar, BetMGM, Musk, Todd Krizelman, Jeff MacDonald, Mekanism Organizations: Twitter, YouTube, Service, Sunday, Facebook, Bowl, NFL Enterprises, McDonald's, Oreo, Super, CNN, Kansas City Chiefs, San Francisco 49ers, Elon, Insider Intelligence, Business Locations: MediaRadar
Uber is switching its $600 million ad buying business from WPP to rival Omnicom, according to two people familiar with the matter. Uber began a competitive pitch for its media business in March. Florian Adamski, Omnicom Media Group CEO, said in a statement that its agencies would make its "strategic data capabilities" central to its work for Uber. Omnicom media agencies have notched up a handful of sizeable wins since the beginning of July. New business has included the $585 million Beiersdorf account, the $150 million global HSBC business, and the $150 million brief from lottery operator Allwyn Entertainment, according to marketing industry tracker COMvergence.
Persons: Omnicom, WPP's, Uber, IPG Mediabrands, David Mogensen, Florian Adamski, WPP's GroupM, Adweek, IDComms, It's, Sean, Diddy, Combs Organizations: WPP, Omnicom Media, Omni, HSBC, Allwyn Entertainment Locations: Asia, Pacific
Patrick CoffeePatrick Coffee is a reporter for The Wall Street Journal's CMO Today in New York, where he covers marketing and advertising. He was previously a correspondent at Business Insider, covering advertising with a focus on holding companies, brand marketers, tech platforms and related investment activity. Prior to joining Insider, he was Editor at Large at Adweek, where he managed coverage of advertising agencies and their clients.
Persons: Patrick Coffee Patrick Coffee Organizations: Business Locations: New York, Adweek
Ann-Marie AlcántaraAnn-Marie Alcántara is a reporter covering internet culture for The Wall Street Journal's personal tech bureau in New York. Her work illuminates internet trends, the unexpected consequences of social media and the ways online behaviors shape how we see ourselves and others. Ann-Marie previously covered marketing and advertising for CMO Today at the Journal. She joined the Journal from Adweek, where she wrote about the rise of direct-to-consumer brands and e-commerce. Ann-Marie began her career as a tech reporter at PopSugar covering consumer tech and internet culture.
Persons: Ann, Marie Alcántara Ann, Marie Alcántara, Marie Locations: New York, Adweek
Adtech layoffs have continued into this summer — including at some companies that already made cuts. Ezoic, MiQ, Outbrain, and Brightcove are among the adtech companies with recent layoffs. For some adtech companies, the huge wave of layoffs that struck in 2022 and at the turn of this year wasn't the last, amid prolonged economic uncertainty and a tepid ad market. To be sure, the layoff phenomenon isn't hitting all adtech companies, and many that made cutbacks — including those listed above — are aggressively shifting priorities and have open roles listed on their websites. Adweek recently reported a marked slowdown in adtech job openings in 2023, citing recruiters and industry insiders.
Persons: Dwayne Lafleur, Lafleur, Outbrain, Calcalist, Brightcove, , Marc DeBevoise, MiQ, MediaMath, There's, Sasha Auzins, Brian Wieser, Adweek, Lee Walker Organizations: Meta, Microsoft, Yahoo, LinkedIn, Expand Locations: Germany
The European Parliament said it's auditing its YouTube advertising from 2020 to date. The European Parliament is auditing its Google advertising going as far back as 2020 following a report that alleged YouTube placed ads on third-party sites that violated its own standards. This evaluation process is still ongoing," said a European Parliament press representative in an emailed statement. From its initial assessment, the use of the GVP Network by the European Parliament was "residual," the representative said. The European Parliament has been put under pressure to suspend all of its Google advertising.
Persons: TrueView skippable, Adalytics, Marvin Renaud, Renaud, Roberta Metsola, Pravda.ru, monetization, Adweek, Ruben Schreurs Organizations: Google, YouTube, Fortune, Partner, GVP, GVP Network, US Treasury, Street Journal, Ebiquity Locations: TrueView, Russia, Russian, Ukraine
New York CNN —Anheuser-Busch InBev’s top marketing executive is speaking out following a monthslong boycott of Bud Light that has cost the brand its title as America’s top-selling beer. Bud Light sales have tumbled since the company’s partnership with transgender influencer Dylan Mulvaney sparked an anti-trans backlash and calls for a boycott. Last month, Mexican lager Modelo Especial dethroned Bud Light as America’s top-selling beer, a title the brand held for more than two decades. Bud Light sales plunged 24% during the four weeks ending June 3, according to NIQ data provided to consulting firm Bump Williams. Marcondes struck an optimistic tone about Bud Light and said the brand will begin to go around the country to reconnect with consumers.
Persons: New York CNN —, Bud Light, , Marcel Marcondes, Bud, influencer Dylan Mulvaney, ” Marcondes, Busch, Adweek, Camilla Lambert, Bump Williams, Marcondes, “ It’s Organizations: New, New York CNN, New York CNN — Anheuser, Busch, Anheuser, Cannes Lions International, Creativity, CNN, Modelo Especial Locations: New York
TikTok is testing a visual-search tool in its shopping tab that could put more pressure on Google. A May analyst report said TikTok may be "the most imminent threat to Google's Search dominance." TikTok is testing a new visual-search tool within its shopping feature that could dial up the pressure on search-giant Google. The short-video app has already become a go-to search engine for Gen Zers looking for restaurants or how to do things, threatening Google's search dominance. "Younger Gen Z users don't have the baggage and memory of opening the browser and searching on Google," he continued.
Persons: Zers, TikTok, Bernstein, Mark Shmulik, ChatGPT, Shmulik, They're, Z, Yelp, Morgan Stanley Organizations: Google, Tech, YouTube, Bloomberg Locations: Asia, TikTok
Some ABC News staff were in tears on Thursday after layoffs of respected news veterans. Kim Godwin has made positive changes as ABC News president and has faced a string of complex situations. ABC News staffers are in shock over the departure of multiple senior-level colleagues, most notably Wendy Fisher, SVP news gathering. ABC News alone lost 50 staffers on Thursday as part of the slim-down and a leadership reorganization by division President Kim Godwin. A second ABC News insider said it was unprecedented to dismiss longtime veterans in such a manner.
Plant-based brand Silk has a new ad campaign that features nepo babies sporting milk mustaches. The ads are aimed at "the next generation of milk drinkers and plant-based enthusiasts," Silk said. Those ads featured celebrities from Whoopi Goldberg to Frankie Muniz donning milk on their upper lip, presumably after taking a sip from a glass. David Beckham, Kelly Preston, Christie Brinkley, and Shaquille O'Neal all appeared in "Got Milk?" US consumers bought $2.6 billion worth of the alternatives to cow's milk in 2021, according to the Plant Based Foods Association.
Insider asked three ad-industry execs who've worked on Super Bowl spots what it takes to succeed. 4 in last year's top 10 Super Bowl LV commercials, according to USA Today's Ad Meter. In 2015, the web-hosting company sparked massive outrage over a spot it planned to run during the Super Bowl. "The Super Bowl is a brand's opportunity to surprise viewers and give them something they didn't see coming. Neither Newcastle campaign, If We Made It or Band of Brands, was actually aired during the Super Bowl.
Стремясь преодолеть табу на открытое иллюстрирование и обсуждение тем секса и близости среди людей в пожилом возрасте из Великобритания, благотворительный фонд Relate выпустил кампанию, в которой пять пожилых пар разделяют между собой нежные, интимные моменты, пишет AdWeek. «pro-bono») и снятый известным фотографом Рэнкином, ролик «Давайте поговорим о радостях секса в пожилом возрасте» представляет настоящие пары разного возраста, этнической принадлежности, пола и сексуальной ориентации. Жюль Чалкли, главный исполнительный креативный директор Ogilvy UK, сказал, что эта кампания проливает свет на близость в более позднем возрасте и по-новому отображает процесс старения и романтику в этом периоде жизни. «Эта кампания направлена на то, чтобы нарушить условности, и именно это она сделала как в, так и за кадром». Согласно новому исследованию, в Великобритании две трети людей старше 65 лет (67%) утверждают, что секс и близость среди их возрастной группы редко (43%) или никогда (24%) не представлены в СМИ.
Persons: Ogilvy, Рэнкином, Жюль Чалкли, Чалкли Organizations: AdWeek, Ogilvy London, Ogilvy UK, СМИ Locations: Великобритания
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