Media Companies Need to Pivot to Owned Commerce Models
Posted in: UncategorizedMedia companies are struggling. They’re missing revenue targets and laying off employees. Cash is drying up. In 2018, Vox missed revenue targets by approximately 15%, Verizon Media Group laid off 7% of its staff, BuzzFeed laid off 200 employees and Cond? Nast plans to paywall all digital content after reporting losses of $120 million in…