1/ While media businesses had an overall solid year in 2019, it was a brutal year for jobs in media: https://www.businessinsider.com/2019-media-layoffs-job-cuts-at-buzzfeed-huffpost-vice-details-2019-2 … 2020 was supposed to be the light at the end of the tunnel
-
Show this thread
-
2/ This year the carnage has continued, amplified by the effects of Covid.
@Poynter did a good job highlighting news & media, https://www.poynter.org/business-work/2020/here-are-the-newsroom-layoffs-furloughs-and-closures-caused-by-the-coronavirus/ … I'll highlight some closer to@WatchMojo's universe...1 reply 0 retweets 0 likesShow this thread -
3/ Digital media bellwethers
@BuzzFeed and@VICE cut pay: https://www.thedailybeast.com/vice-cuts-pay-for-top-earners-halts-401k-matching-and-freezes-promotions-amid-coronavirus …1 reply 0 retweets 0 likesShow this thread -
4/
@GroupNineMedia - owner of The Dodo,@nowthisnews@Thrillist@Seeker@POPSUGAR - laid off 7%, https://www.axios.com/group-nine-media-layoffs-76644172-c473-42aa-b9a3-3a7e60b1baed.html …1 reply 0 retweets 0 likesShow this thread -
Ashkan Karbasfrooshan Retweeted Sam Parr ⚪️
5/
@voxmedia furloughed some 100 people https://www.cnbc.com/2020/04/13/vox-to-announce-around-100-employee-furloughs-later-this-week-sources.html … while asking readers to donate money to offset the ad slump: https://wwd.com/business-news/media/vox-asks-readers-for-donations-to-make-up-for-advertising-slump-coronavirus-1203557497/ … Media armchair@Twitter was not amused:https://twitter.com/thesamparr/status/1248323359638577153 …Ashkan Karbasfrooshan added,
Sam Parr ⚪️ @theSamParrGod this is so stupid. A VC backed company asking for donations. Vox, if you think your product is great, charge money in exchange for the value you give customers. I know, it's a bold statement, charging people money for a product, but try it. https://digiday.com/media/as-a-paywall-alternative-vox-com-asks-for-reader-donations-to-fund-coronavirus-coverage/ …2 replies 0 retweets 0 likesShow this thread
Ok. So let’s talk about where the opportunities are and where people are thriving.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.