Business

Univision Communications Inc. (UCI) announced it has entered into an agreement to acquire digital media assets as part of the bankruptcy proceedings of Gawker Media Group, Inc. and related companies that produce content under a series of original brands.

Univision Communications, Inc.Univision Holdings, the nation’s biggest Hispanic-focused multimedia company, has emerged as the successful bidder for bankrupt digital media publisher Gawker Media.  Courtesy of Radio + Television Business Report

The media business, in the face of competition from Facebook and Google, is fighting for attention, eyeballs and advertising dollars.  And the challenges facing media sellers are becoming increasingly more complex, as our focus shifts from targeting audience “segments” to reaching individuals.  How can marketers and media brands continue to serve and succeed?

By Gonzalo López Martí – Creative director, etc / LMMiami.com

• In the age of social white noise and constant chatter -aka “the conversation”-, maintaining a high profile seems to be the only way to keep careers alive.
• Measurable results?    
• Nobody cares about results, let alone attempting to measure them.
• In corporate America, particularly in the marketing world, the revolving door swirls so fast it is simply impossible to know who’s responsible for what.
• It is all about how you spin it and how you market yourself.

Bauducco Foods celebrated the grand opening of its new U.S. headquarters manufacturing facility located at 1705 NW 133 Ave. in Miami, FL.

Given Puerto Rico’s long-term economic malaise and ongoing fiscal crisis, it is no wonder that out-migration of the Island’s residents has picked up. Over the past five years alone, migration has resulted in a net outflow of almost 300,000 people, a staggering loss. It would make matters worse, however, if Puerto Rico were losing an outsized share of its highest-paid workers.  By Jaison R. Abel, Giacomo De Giorgi, Richard Deitz, and Harry Wheeler

In the bid to be completely measurable and provide every figure a marketing executive could ever need, digital marketers are at the point of having an excel sheet worth of figures but not a whole lot of meaning. Many of the metrics I can think of are now turning into hygiene. Did my ad run, did it appear where it could be seen, did we keep it away from porn and was it actually seen by a human rather than a bot?

We need some new memes, some new topics of interest for the industry to grab hold of and beat into the ground on panel after panel, at industry conferences and in columns like this one.  

lmost a decade after the global financial crisis rattled national economies, many in the world feel their respective countries’ economies remain weak. A new Pew Research Center survey reveals a bleak picture in parts of Europe, with more than eight-in-ten in Greece, France and Spain describing their country’s economic situation as bad. This gloom is not shared by all in the European Union, however – most Swedes, Germans and Dutch say their economy is doing well. And in China, India and Australia, views are mostly positive.

A handful of technology, media, and telecommunications (TMT) companies have come to dominate various aspects of the Internet, including access, search, social networking, on-line shopping, the sharing economy, advertising, and content creation and distribution. These players were able to enter the market with unique offerings or business models, quickly shaking up industry after industry. These disruptors appear to have a stronghold in their chosen markets, but ongoing innovation in the Internet space continues to usher in new businesses that could well end up disrupting the disruptors.

By Gonzalo López Martí – Creative director, etc / LMMiami.com

• Nothing a Caucasian heterosexual male says or does in 2016 is right.
• A white straight dude could discover the cure for cancer these days and he’d still be frowned upon.
• Sorry folks, it’s the new normal.
• Not too long ago, for some inexplicable reason, women couldn’t vote or attend college.
• Not too long ago there were restaurants in Miami with signs that read “No dogs, no blacks, no Cubans.”
• Fast forward to 2016.

These are turbulent times for marketers. The digital revolution is transforming the consumption of media. People under 35 watch as much video content as their parents do, but less than half of it is live television. In the United States, more than a third of all video content is now viewed online, much of it on mobile devices. Millennials spend 15 hours a week on their smartphones, and 89 percent check their work email outside of normal working hours. They are likely to trust the views of their peers and social-network connections over those of media professionals.  By Cody Butt / McKinsey & Company.

The pace of change in marketing and the marketplace continues to accelerate. Unicorn companies are challenging long-established brands, and categories are being re-imagined. Upstarts question the safety of ingredients, the integrity of the supply chain, and the sanctity of long-held business models. Consumers have new expectations of brands, with 62 percent saying they refuse to buy a brand if it fails to meet its obligations to society.  By Richard Edelman- President and CEO / Edelman

Gabriel Torres joins Sprint as president of the New England Region. Based in Boston, Mass., he will be responsible for sales strategy, network oversight, customer service, marketing communications and general operations supporting the full portfolio of Sprint products and services from enterprise to consumer.

Survey findings released rom Ogilvy Media Influence’s first-ever global survey of over 200 reporters and editors found that 72 percent of respondents agree that traditional media outlets are the most trusted news sources.

WPP’s GroupM trimmed its 2016 global ad expenditure forecast and shared its initial outlook for 2017. The 2017 ad volume prediction of $552 billion (+ 4.3 percent), when combined with other marketing services, pushes total marketing services expenditures worldwide past the $1 trillion threshold for first time

Becoming a great client for agencies is not easy, but it is necessary. It’s no coincidence that successful brands are known to be great clients.  By Bruno Gralpois, ANA Faculty

As 2016 continues to unfold, we can expect to see significant changes in the relationship between marketers, media agencies and their holding companies. We can also expect major changes in the leadership at some of the biggest media players in the U.S. market, such as Fox News — and Yahoo, now that it is merging into Verizon/AOL.

New-vehicle drivers in the United States spend an average of 11 hours a day watching TV, streaming video content, listening to radio programming or on the Internet—often engaged in more than one of these activities simultaneously—according to the J.D. Power 2016 U.S. Automotive Media and Marketing Report—Summer.

By Gonzalo López Martí – Creative director, etc / LMMiami.com

• To solve this increasingly ominous problem, a lot of experts in the field of economic policy are advocating for universal unemployment benefits.
• Yes, a living stipend for everyone.
• A salary simply for being a living, breathing human being.