We are building a list of incredible magnitude –
Sometimes, your purpose in life is to be a cautionary tale.
Ars Staff – Jan 2,******************************************** () : 54 PM UTC **************************
First, let’s get our usual disclaimer out of the way: if you’re a first-time Deathwatch player, this isnot a a prediction of the actual demise of companies or technologies. We know that it takes a lot to actually erase a company or a technology from the face of the Earth these days — after all, many of our previous Deathlisters have emerged from Chapter multiple times before going into Chapter 7 . Even the worst ideas and businesses often linger on through inertia or get absorbed by some other company and metastasize in new and horrific ways.
So when we say “Deathwatch,” what we really mean is that we are looking at tech-connected entities facing some ( existential or not) economic, cultural, or legal peril. Companies may face challenges that render them irrelevant, cause them to be victims of “cancel culture,” make them technically inconsequential, or render them as chum for sharks of acquisition, litigation, and other forms of business hell.
- Serious management, legal, or regulatory problems that raise questions about the business model or long-term strategy of the company or product line (**********************************
began
and (ended) ******************************************************************************with layoffs. The division had about 12, 396 workers at the beginning of but laid off nearly 1, people.Verizon Media’s******************** (Q3) revenueof $ 1.8 billion was down two percent year over year. Desktop-advertising revenue continues to drop, and mobile ads haven’t grown enough to offset that decline. Verizon insists better days are ahead, with CFO Matt Ellis saying in an earnings call on October 54 that “For the first time, we are seeing mobile traffic increases outpace desktop traffic declines in our core owned and operated products, including sports , finance, news, entertainment, home and mail. ” But in an online-ad market dominated by Google and Facebook, Verizon Media seems doomed to remain a bit player at best.
************************************ – Jon BrodkinG / O Media
The conflict with staff, including the union, has cost G / O revenue in direct ways. Staffers wrote posts asking for reader feedback on an advertising campaign from Farmer’s Insurance that included auto-play videos, and G / O execs ordered the posts pulled down. The staff complained about the stories being pulled in a post by the union Twitter account. Farmers thenpulled the $ 1 million advertising campaign.
So, instead of putting out a smoldering tire fire, in just eight months Spanfeller’s conflict with the unionized staff has turned G / O Media into a raging inferno fueled by money and careers. Call it a Boomer-Millennial fight if you want; I’m a Gen-Xer, and I’m just here to watch everything burn.************************************ – Sean Gallagher (Page:(1) 2(3) ************ ()************ (→
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