Brands Brief: Week in Review & What’s Ahead

Week in Review

This week in polling

  • Tech’s biggest companies are betting on a slate of new partnerships to put more voice-assisted devices in U.S. households, especially for online purchases, but so far Americans are more likely to use them for playing music or checking the weather.
  • Morning Consult Brand Intelligence data shows people have a favorable view of department stores — they just aren’t shopping there.

New leader at Uber

  • Uber Technologies Inc. named Dara Khosrowshahi, chief executive of Expedia, as the new head of the ride-hailing company. He will be taking over a startup that has been grappling with persistent losses, a high-profile trade secrets lawsuit and the aftermath of scandals that forced the departure of former Chief Executive Travis Kalanick.

Job cuts

  • Disney-ABC Television Group is set to cut hundreds of jobs in an effort to reduce annual costs by 10 percent by the end of its fiscal year this month. The move will also include restructuring and streamlining divisions to focus on content development.
  • The conservative commentator Glenn Beck laid off more than 20 percent of the combined workforce at his news and video website The Blaze and his production company Mercury Radio Arts, citing advertising and funding challenges.

Hurricane Harvey

  • The U.S. Chamber of Commerce estimated that as of Friday afternoon, companies have promised to donate a total of $141.3 million to help the victims of Tropical Storm Harvey, with 63 companies pledging at least $1 million.
  • A weather analytics company estimated that Tropical Storm Harvey would cause $1 billion in losses for Houston-area restaurants and retailers alone, with companies such as PF Chang’s, Chili’s and Dillard’s being among the most affected.

Correction: A previous version of this brief misstated the timeline for Disney-ABC Television Group’s effort to reduce costs.

What’s Ahead

  • News Corp. and Walt Disney Co. are among the major media and entertainment companies that are participating in Bank of America Merrill Lynch’s Media, Communications & Entertainment Conference on Thursday and Friday in Beverly Hills, Calif.
  • Apple Inc. is expected to introduce the iPhone 8 on Sept. 12 at its new Apple Park campus in Cupertino, Calif., where the company is also likely to announce updates to the Apple Watch, Apple TV and iOS software.

Events Calendar (All Times Local)

Federal holiday – no events scheduled
Content Marketing World Conference & Expo 1 p.m.
Content Marketing World Conference & Expo 7 a.m.
Digital Summit DC 8:30 a.m.
ANA webinar with Campbell’s Soup 1 p.m.
ANA webinar on artificial intelligence in B2B marketing 3 p.m.
Content Marketing World Conference & Expo 7:30 a.m.
Digital Summit DC 8:30 a.m.
Content Marketing World Conference & Expo 7:15 a.m.
Now Hear This Podcast Festival 5 p.m.
Mid-Atlantic Podcast Conference 5 p.m.

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