Today's Must Read - Leadership Changes At WarnerMedia Are A Sign Of The Times For TV Networks
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Today's Must Read
[Leadership Changes At WarnerMedia Are A Sign Of The Times For TV Networks](
Evolution is a challenge facing all TV networks, as ratings fall and audiences erode. Before WarnerMedia announced that three top sales execs would leave in a reorg, Disney consolidated its ad sales group under president Rita Ferro, NBC had undergone sales reorgs and layoffs for the past five years, and Viacom restructures its business almost every year, agency buyers told AdExchanger... [More.](
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News Round Up
Hereâs todayâs AdExchanger.com news round-up⦠Want it by email? Sign up [here](.
Facebook Is Fine
Looks like Facebook was prescient in [setting aside billions](in anticipation of a $3 billion to $5 billion FTC fine. The FTC [reportedly approved]( a $5 billion fine against the social networking giant on Friday. If the fine is approved by the Justice Department, itâll be the biggest the federal government has ever levied against a tech company, according to The New York Times. And yet ⦠meh. Financially, $5 billion is just a slap on the wrist, and the settlement doesnât do anything to restrict Facebook. But Facebookâs headache might be just beginning: âRegulators and lawmakers in Washington, Europe and in countries including Canada have already begun multiple investigations and proposing new restrictions against Facebook that will probably embroil it in policy debates and legal wrangling for years to come,â writes Adam Satariano for the Times. âAnd in some of these places, the authorities are increasingly coordinating to form a more united front against the company.â [More](.
Outcomes First
LinkedIn launched three new features in its self-serve ad platform, Campaign Manager, that allow buyers to optimize toward brand awareness, website conversions and job applicants. Marketers optimizing toward specific conversions will only have to pay for clicks that lead to those outcomes, while brands optimizing toward social engagement will pay for likes, shares and comments. While LinkedIn isnât always thought of as a branding platform, it wants to be able to provide advertisers with âa full-funnel experience,â Sudeep Cherian, head of global product marketing at LinkedIn, told MediaPost. That includes optimizing toward concrete business objectives. Prior to the changes, which are being rolled out in beta, Campaign Manager was reported with standard media metrics like reach. [More](.
Tax Talk
Taxes on big tech are becoming a reality in the EU, as American companies like Facebook and Google assert a growing role in the lives of Europeans and pay little taxes to their governments in return. For years, countries cut corporate taxes to woo businesses overseas. Now, that trend is reversing for the first time, with Franceâs decision last week to place a 3% digital tax on large tech firms that make money off its citizens, The New York Times reports. Britain revealed plans for a similar tax, as has the European Union at large. The Trump administration is investigating whether a digital tax would amount to an unfair trade practice, as it would disproportionately impact American companies, and the Organization for Economic Cooperation is working toward a global solution. [More](.
The Big Tech Test-And-Learn
Google released a new app called [Shoelace](, a kind of social network meant to connect nearby users with complementary interests. On its own, the app has little bearing for marketers. Google has tried on social networking before. But itâs part of an important trend of huge tech companies trying out new, relatively freewheeling mobile consumer apps. Googleâs in-house incubator team Area 120 is behind the Shoelace app. And Microsoft CEO Satya Nadella has expanded Microsoft Garage, an internal group for developer projects not related to the business, like the travel app [Outings](. Facebook also just announced plans for a new team, called the NPE Team, that will develop new consumer-focused apps. âThis is a way for Facebook to develop new types of experiences for people and to try different ideas by creating small, focused apps in order to see whether people find certain features useful or engaging,â according to a Facebook [blog post](. âWe may use what we learn to help inform our thinking and product strategy moving forward.â
But Wait, Thereâs More
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- [Google News Initiative To Roll Out New News Tab In Desktop Search]( - tweet
- [Walmart Online Unit Hunts For New Exec As Losses Pile Up]( - Bloomberg
Youâre Hired
- [NBA Hires Tech-Marketing Vet As CMO]( - Variety
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Podcasts
[The Big Story Episode 50:]( The Summer Of Uncertainty
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[The Big Story Episode 48:]( The Pod-Cannes
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[The Big Story Episode 43:]( Upfronting And Fingerprinting
[The Big Story Episode 42:]( Google-Fu
[The Big Story Episode 41:]( Strange New World
[The Big Story Episode 40:]( United We Stand
[Check out all episodes of The Big Story >>](
[AdExchanger Talks Episode 134:]( Matthew Scott Goldstein
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[AdExchanger Talks Episode 131:]( Insider Inc's Jana Meron
[AdExchanger Talks Episode 130:]( S4 Capital's Martin Sorrell
[AdExchanger Talks Episode 129:]( Criteo's Mollie Spilman
[AdExchanger Talks Episode 128:]( IPG's Arun Kumar
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[AdExchanger Talks Episode 126:]( Integral Ad Science's Lisa Utzschneider
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[Get More AdExchanger Talks Episodes >>](
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[PROGRAMMATIC I/O](, New York, October 15-16, 2019
[Industry Preview 2020](, New York, January 28-29, 2020
[PROGRAMMATIC I/O + AdExchanger Awards](, San Francisco, May 11-12, 2020
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