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Essential marketing and PR news & intel to start your day.
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February 14, 2023
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Today’s Top News
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Super Bowl LVII brought in 113 million viewers according to preliminary data from Nielsen and Adobe Analytics, making it the third most-watched TV event of all time. The results represent a small bump over last year’s viewership of 112.3 million, but fall short of the 2015 Super Bowl’s record of 114.4 million. (The Wall Street Journal)
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More than half of Twitter Inc.’s top 1,000 advertisers had temporarily paused or formally stopped spending on the platform as of late January, according to new research by marketing analytics firm Pathmatics. As a result, Twitter’s monthly revenue from these brands dropped by more than 60% from $127 million in October when Elon Musk took ownership of the platform to just $48 million as of Jan. 25. (CNN)
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Mattel Inc. announced plans to revive its Barney television franchise, which last aired on PBS in 2010, with a new animated series in 2024. The relaunch will also include an updated slate of toys, merchandise and YouTube content. (Variety)
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Meta Platforms Inc. said the executive overseeing its advertising business, Marne Levine, is leaving the company. The announcement comes on the heels of the tech giant recording its third consecutive quarter of year-over-year ad revenue declines. (Ad Age)
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A MESSAGE FROM MORNING CONSULT |
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What Else You Need to Know
Despite a surge in Super Bowl ad dollars, Twitter’s ad rehab is a work in progress
Krystal Scanlon and Seb Joseph, Digiday
Advertisers may have shown up to Twitter for the Super Bowl, but don’t expect them to stick around afterward. Tensions are thawing between the social network and its main source of income, but they’ve not subsided completely.
Cookie Banners Could Soon Include AdChoices Icon
Wendy Davis, MediaPost
Online publishers and brands that greet website visitors with “cookie banners” may soon be able to integrate the industry’s AdChoices icon into the banners’ interfaces, the self-regulatory group Digital Advertising Alliance said Tuesday.
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Media/Entertainment/Influencers
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NBC hopes to make an aggressive bid to bring back the NBA, sources say
Alex Sherman, CNBC
NBC Sports is prepared to make an aggressive offer to win back NBA rights after more than 20 years without them.
How Apple treated Rihanna’s Super Bowl halftime show like its most popular new product
Jeff Beer, Fast Company
Apple Music sponsored the Super Bowl halftime show starring Rihanna. Here’s how Apple made the event an even bigger event.
Comcast is ending free Peacock access for Xfinity subscribers
Steve Dent, Engadget
Peacock had already cut off the free tier on its standalone service.
Fox’s Tubi Commands Attention, Gets Critical Nods For Freaking Out Super Bowl Viewers
Karlene Lukovitz, MediaPost
Fox’s free, ad-supported streamer (FAST) had an outsized presence during Super Bowl LVII.
How Spotify’s podcast bet went wrong
Max Tani, Semafor
Spotify was a one-company podcast bubble. Its drastic cuts have triggered a podcast winter, as the small studios it helped support consolidate and lavish narrative productions wane.
Paramount Global Starts Work on 2024 Super Bowl
Brian Steinberg, Variety
CBS and various cable networks owned by Paramount Global Monday evening aired a new promo for CBS Sports’ coverage of Super Bowl LVIII in 2024.
TikTok ‘de-influencers’ want Gen Z to buy less – and more
Haleluya Hadero and Ali Swenson, The Associated Press
At a time when consumers are inundated with so-called social media influencers peddling the latest products online, a slew of TikTok users are leveraging their platforms to tell people what not to buy instead.
Publisher editorial teams experiment with ChatGPT, but few use AI tech in their work
Sara Gauglione, Digiday
While editorial teams are experimenting with ChatGPT, six top editors and media executives who spoke with Digiday said they were not working on integrating the AI technology into the workflow of their newsrooms. And to the best of their knowledge, no one within their editorial teams was using ChatGPT to publish stories.
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Social Media and Technology
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TikTok Turns to New Tactics to Spur Growth as Boom Times End
Kaya Yurieff, The Information
The short video app saw its audience growth in the U.S. stall last year after one of the most head-spinning ascents in social media. Now it’s pushing to reinvigorate itself with new initiatives, from recruiting older users to better rewarding creators.
T-Mobile outage hits users across the U.S.
Reuters
The U.S. wireless carrier said it was working on resolving a problem that had caused intermittent issues with voice, messaging, and data services in several areas. It did not say how many users had been affected.
TikTok’s Talks With U.S. Have an Unofficial Player: China
Liza Lin and Raffaele Huang, The Wall Street Journal
As TikTok pushes for an agreement with U.S. officials over its operations, an unofficial force at the negotiating table is the Chinese government.
Amazon Is Taking Half of Each Sale From Its Merchants
Spencer Soper, Bloomberg
Fees the company collects from third-party sellers have risen for six years in a row, squeezing their margins.
Amazon’s Zoox tests robotaxi on public road with employees as passengers
Abhirup Roy, Reuters
Amazon.com Inc’s self-driving vehicle unit, Zoox, said on Monday it has successfully tested a robotaxi with employees as passengers on a public road in a move to bring it closer to commercial service for the general public.
Combating Disinformation Wanes at Social Media Giants
Steven Lee Meyers and Nico Grant, The New York Times
As the companies have shed jobs recently, many teams assigned to combat false and misleading information have taken a hit.
Twitter delays launch of its new API platform again
Ivan Mehta, TechCrunch
Twitter ruffled a lot of feathers earlier this month when it announced its plans to cut the free access to its API. The company initially set a February 9 deadline to enforce the rule but later delayed it to February 13.
YouTube is pivoting its influencer-marketing program to a self-service model after cutting staffers
Amanda Perelli et al., Insider
YouTube appears to be shaking up its service that helps creators make money through branded content, called BrandConnect, moving more toward a “self-service” model as opposed to the hands-on program it had developed into in recent years.
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Adidas is looking to repurpose unsold Yeezy products. Here are some of its options
Juliana Kim, NPR News
When Adidas cut ties with Ye, formerly known as Kanye West, over the rapper’s antisemitic remarks, the sportswear giant quickly had another problem on its hands: what to do with all of its merchandise associated with Ye, branded as Yeezy.
Coca-Cola debuts ‘transformation-flavored’ soda in its latest limited-time offering
Christopher Doering, Marketing Dive
Similar to other beverages released under the Coca-Cola Creations platform, the beverage doesn’t promote a flavor, such as cola, cherry or vanilla, but rather a mood.
Luggage Brand Away Is Exploring Options, Including a Sale
Gillian Tan, Bloomberg
Away, the luggage company valued at $1.45 billion when it raised capital in 2019, is exploring strategic options including a sale, according to people with knowledge of the matter.
Bed Bath & Beyond Canada is going out of business
Daphne Howland, Retail Dive
The struggling home goods retailer will no longer support the unprofitable operations, and all 54 namesake and 11 BuyBuy Baby stores will close.
McDonald’s readies first-ever duo meal with Cardi B and Offset
Chris Kelly and Emma Liem Beckett, Marketing Dive
To boost the campaign, McDonald’s will tie up with dating apps like Tinder, BLK and Chispa and will run a “truth or dare” game on its own app. In addition, the brand will host a kiss cam billboard at its Times Square location.
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Twilio Announces Second Wave of Layoffs, Cutting 17% of Workforce
Brody Ford, Bloomberg
Twilio Inc., a maker of customer communication and marketing software, said it will cut about 17% of workers just months after a previous major round of layoffs.
Microsoft’s LinkedIn Lays Off Staff Amid Hiring Slowdown
Aaron Holmes, The Information
Microsoft-owned LinkedIn laid off staff in its recruiting department on Monday, the company confirmed to The Information, the latest sign of how Microsoft’s layoffs are rippling through the tech giant.
Walmart to Close Three Technology Hubs, Require More Office Time
Brendan Case, Bloomberg
Walmart Inc. will close three of its 11 US technology hubs and require affected workers to relocate, scaling back its footprint after unveiling an expansion plan last year.
Beyond Silicon Valley, Spending on Technology Is Resilient
Steve Lohr, The New York Times
Despite an uncertain outlook, corporations plan to continue investing in their digital projects — a source of stability for the economy.
Laid-Off Tech Workers Seek Leverage on the Way Out
Katherine Bindley, The Wall Street Journal
As companies shed thousands of jobs, more employees want a say in their severance.
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Opinions, Perspectives and Research
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The science behind The Farmer’s Dog’s Super Bowl success (and why cats don’t win in ads)
Martin Kihn, The Drum
Consumers’ overwhelmingly positive response to The Farmer’s Dog’s Super Bowl LVII ad can be explained through some simple science, writes Salesforce’s Martin Kinh.
Why Walmart, YouTube, Sprite Are Black Americans’ Top Brands
Sarah Mahoney, MediaPost
Walmart, YouTube and Lysol are the top brands among Black Americans, according to new research from Collage Group. Sprite, Visa and McCormick ranked next highest, with Dove, Febreze, Netflix, and Google rounding out the top 10.
Nordstrom’s Salvation Is in the Luxury Section
Leticia Miranda, Bloomberg
The family-run retailer has a chance to stave off an activist investor and burnish its brand by sticking to its roots — outfitting the aspiring rich — and targeting young shoppers.
Super Bowl Marketing Has a Real Problem: Too Many Ads and Not Enough Campaigns
M.T. Fletcher, Ad Age
No matter how fun, commercials can’t stand on their own for very long.
‘We’re in a frenzy to be more agile’: How Kraft Heinz’s CEO is reviving Jell-O, Kool-Aid, and other famous longtime brands
Geoff Colvin, Fortune
Kraft Heinz’s brands are among the most famous in food and beverages; in addition to Kraft and Heinz, they include Oscar Mayer, Velveeta, Kool-Aid, Jell-O, Maxwell House, and dozens more worldwide. But as Patricio observed on an early call with Wall Street analysts, many of those brands were “a little bit dusty.”
Does Adidas need to rethink its celebrity partnership playbook?
Julia Waldow, Modern Retail
Adidas is continuing to pin its hopes on celebrity partnerships — even as some of its recent most high-profile collaborations have gone awry.
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