Deadspin Resignations Threaten New Owner’s Turnaround – WSJ

data-module-name=”article.app/lib/module/wsj/breadcrumbs” The sports website Deadspin lost all of its editorial staff this week in an exodus that complicates its new owner’s effort to turn around the former Gawker Media properties acquired a little over six months ago. The new parent company, G/O Media Inc., which comprises about a dozen sites including Gizmodo and the Onion,…

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AT&T Pushes Xandr Ad Products in Viacom Carriage Talks – WSJ

Talks continued over the weekend to avert a programming blackout that would affect more than 24 million customers of AT&T’s DirecTV, U-verse and WatchTV services. Photo: Patrick T. Fallon/Bloomberg News Updated March 24, 2019 2:29 p.m. ET Carriage deals between pay-TV distributors and programmers typically hinge on price. In the negotiations between AT&T Inc. T…

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Amazon, With Little Fanfare, Emerges as an Advertising Giant – WSJ

Amazon’s options for advertising include its delivery boxes. Photo: Amazon Amazon.com Inc. AMZN -0.25% handles nearly half of all online sales in the U.S., giving it a popular platform and a wealth of consumer data. Now it’s on track to become the next juggernaut of online advertising, and its rise threatens to upend Silicon Valley’s…

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IPO Market Has Never Been This Forgiving to Money-Losing Firms – WSJ

Stock investors are welcoming money-losing companies into the public markets this year with open arms. About 83% of U.S.-listed initial public offerings in 2018’s first three quarters involve companies that lost money in the 12 months leading up to their debut, according to data compiled by University of Florida finance professor Jay Ritter. That is…

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The Outline Raises $5.15 Million to Fuel Measured Growth – WSJ

Joshua Topolsky, the chief executive of the Outline, doesn’t want his digital-media company to get too big too fast. The startup has closed a $5.15 million fundraising round, the company’s second, Mr. Topolsky said. The new financing values the Outline at $21.15 million, he said, up from the company’s $11 million valuation from the last…

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Criteo’s Shares Plummet on Revenue Forecast – WSJ

Criteo shares plummeted Thursday after the company said a recent move by Apple Inc. to strengthen its ad tracker prevention is going to negatively affect Criteo’s revenue more than anticipated. Shares were down 26% shortly before 2 p.m. in New York. Criteo had been utilizing a workaround to Apple’s feature called Intelligent Tracking Prevention, which rolled…

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Real Estate Is Latest Target for Would-Be Disrupters – WSJ

A real-estate startup called Compass Inc. has hired hundreds of sales agents away from older rivals, collected $225 million from marquee investors and amassed a valuation of over $1 billion, all with the pitch that its software can make brokers more efficient. Real-estate veterans say they’re baffled by how the four-year-old firm, active in only…

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