Facebook pushes back advertising meetings after Oversight Board ruling
Hi and welcome to Insider Advertising for May 6. I’m senior advertising reporter Lauren Johnson, and here’s what’s going on:
- Facebook’s Trump decision.
- Bain Capital eyes Kantar PR spinoff.
- The WarnerMedia execs leading the upfronts.
If this email was forwarded to you, sign up here for your daily insider’s guide to advertising and media.
Tips, comments, suggestions? Drop me a line at LJohnson@insider.com or on Twitter at @LaurenJohnson.
Facebook CEOP Mark Zuckerberg in New York City on Friday, Oct. 25, 2019.
AP Photo/Mark Lennihan
AP Photo/Mark Lennihan
Facebook delays meeting with advertisers after Oversight Board kicks Trump ban back to the platform
- Facebook has postponed scheduled meetings between advertisers and its policy team this week, Tanya Dua, Lindsay Rittenhouse, and Patrick Coffee report.
- The meetings were planned to discuss its Oversight Board’s decision to uphold Trump’s suspension.
- Advertisers will continue to push for clearer content moderation policies from Facebook.
Read the story.
Bain Capital
Private-equity giant Bain Capital is in talks to sell Kantar’s PR division for upwards of $100 million
- Bain Capital is in late-stages talks to sell Kantar’s PR division for more than $100 million, sources told Patrick, Sean Czarnecki, and Lara O’Reilly.
- Bain acquired 60% of Kantar from ad giant WPP in a late 2019 deal that valued the company at $4 billion.
- Sources said the sale is part of Bain’s plan to divest noncore assets and focus on data services.
Read the story.
“Wonder Woman 1984” debuts on HBO Max and in theaters on December 25.
Warner Bros.
Warner Bros.
The 3 WarnerMedia power players leading its advertiser relationships, as Upfront season arrives and HBO Max prepares to introduce ads
- WarnerMedia’s ad-sales group has been in flux since its top brass departed in 2019, Ashley Rodriguez reported.
- JP Colaco, the group’s recently hired boss, is now rebuilding the team’s leadership.
- Colaco, an Apple and Hulu alum, has named two lieutenants and is looking to fill a few open roles.
Read the story.
More stories we’re reading:
- Insiders say Hulu is planning a big push into unscripted originals, as it adds the Kardashians and loses high-profile Discovery shows (Insider)
- Peloton is recalling all its treadmills after a child died and numerous reports of injuries (Insider)
- Google says it will be more flexible with remote work as it starts bringing workers back into offices (Insider)
- British-based Abby Roberts has quickly grown to become one of the biggest makeup creators on TikTok, with 16 million followers. Now she’s planning a move to LA to expand her global beauty empire. (Insider)
- New York Times subscriber gains slow in first post-Trump quarter (Wall Street Journal)
Thanks for reading and see you tomorrow! You can reach me in the meantime at LJohnson@insider.com and subscribe to this daily email here.
Read the original article on Business Insider
Powered by WPeMatico