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☆ Disney names Nike executive Mark Parker as new chairman
  + stars: | 2023-01-11 | by ( David Goldman | ) edition.cnn.com   time to read: +3 min
New York CNN —The Walt Disney Company has named Nike executive chairman Mark Parker as its new board chair, replacing longtime director Susan Arnold, whose term limit is expiring. Parker, a Disney board member since 2016, takes over Disney’s board at a time of transition for America’s largest media company. Disney said among Parker’s qualifications as board chair is that he navigated a successful CEO transition at Nike. And Disney’s media networks are struggling as cord cutting accelerates and once lucrative outlets like ESPN lose viewership. She praised Parker for helping lead Disney through a difficult period for the company and the broader media industry.
☆ How to make money as a 'starving artist,' according to one creative who turned her talent into a $1.2 million business
  + stars: | 2022-12-28 | by ( Amanda Breen | ) www.businessinsider.com   time to read: +7 min
Miriam Schulman started teaching art classes online 10 years ago. Schulman said a "starving artist" mentality holds creative entrepreneurs back. She's been an artist for two decades, and 10 years ago, she started teaching online art classes after one of her customers on Etsy inquired about it. So Schulman investigated how other people filled their online classes — and soon realized the importance of building an email list. "Not just the online classes — but I also [built the email list to] be able to sell more of my artwork."
☆ J.Crew embarked on a much-hyped comeback after filing for bankruptcy. Retail experts share what the brand needed to do to right the ship — and whether it's working.
  + stars: | 2022-12-11 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +7 min
J.Crew embarked on a comeback after filing for bankruptcy in the early months of the pandemic. But hype alone isn't enough: experts say the stores and product needed a revamp, and the brand is now on the right track. J.Crew has since placed a new CEO at the helm — Libby Wadle, who previously oversaw J.Crew's fast-growing sister brand, Madewell. "In our industry, it begins with product," Quan said. Quan said he's cautiously optimistic, saying that the product improvements hint that the brand is on the right track.
☆ Netflix made huge bets on animation, hiring top talent, but insiders say the streamer neglected marketing and didn't deliver what kids want: 'Where are the farts?'
  + stars: | 2022-10-21 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com   time to read: +7 min
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.
☆ Kevin Hart sold a $100 million stake in his media company to private equity firm Abry. Here are 10 more Hollywood production shops that are hot M&A targets.
  + stars: | 2022-05-19 | by ( Natalie Jarvey | Elaine Low | Madeline Berg | ) www.businessinsider.com   time to read: +12 min
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.
☆ I moved to an island paradise to use a village for digital nomads. Here's what it was like.
  + stars: | 2021-05-07 | by ( Mairead Finlay | ) www.businessinsider.com   time to read: +7 min
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 think I had to choose between being happy and being wealthy, but I learned the hard way that I was way off the mark
  + stars: | 2019-07-11 | by ( Megan Dematteo | Read More | Read Less | ) www.businessinsider.com   time to read: +6 min
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.
☆ The pros and cons of bank 'intrapreneurship' programs
  + stars: | 2017-11-10 | by ( Maria Terekhova | ) www.businessinsider.com   time to read: +6 min
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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