Media | Jotup

OutKick Delivers Over 20 Million Unique Visitors, Views, and Minutes in February 2024

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Thursday, March 21, 2024

OutKick, the fastest growing national multimedia sports platform, finished February 2024 with strong audience performance numbers, including 24 million total multiplatform views, which is up 4% versus February 2023.

Key Points:

OutKick, the fastest growing national multimedia sports platform, finished February 2024 with strong audience performance numbers, including 24 million total multiplatform views, which is up 4% versus February 2023.
The platform also delivered 22 million total multiplatform minutes and 20.2 million total digital multiplatform unique visitors, according to Comscore.
The platform also saw over 17.1 million video views on Facebook, X, and YouTube which is up 4% versus the prior month, according to Shareablee.
*Source: Comscore Media Metrix® Multi-Platform, Total Digital Population including Social Incremental data for reportable entities.

Nick Cannon to Join Young Leaders From Around the World for the 2024 Forbes Under 30 Summit Africa in Gaborone, Botswana

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Thursday, March 21, 2024

Internationally renowned for its ability to bring together the best and brightest young entrepreneurs and leaders, Forbes will host its third annual Under 30 Summit Africa from May 5-8, 2024 in Gaborone, Botswana.

Key Points:

Internationally renowned for its ability to bring together the best and brightest young entrepreneurs and leaders, Forbes will host its third annual Under 30 Summit Africa from May 5-8, 2024 in Gaborone, Botswana.
Nick Cannon, Multi-Hyphen Entertainer & Entrepreneur, will headline the event, which is set to focus on investment and entrepreneurship across the continent.
Africa holds one of the world’s greatest markets for growth, making it ripe for catalyzing entrepreneurial capitalism at-scale.
To learn more about the 2024 Forbes Under 30 Summit Africa, click here .

GBK Collective Strengthens Team with Strategic New Hires; Virginia Lennon Joins as SVP, Research and Insights

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Thursday, March 21, 2024

GBK Collective , a leading marketing strategy, consumer behavior, and analytics consultancy, today announced several key hires including Virginia Lennon who joins as Senior Vice President of Research and Insights.

Key Points:

GBK Collective , a leading marketing strategy, consumer behavior, and analytics consultancy, today announced several key hires including Virginia Lennon who joins as Senior Vice President of Research and Insights.
“We continue to invest in hiring the industry’s best marketing strategy, insights and data science leaders,” said GBK Co-Founder and CEO Jon Greenwood.
Prior to joining GBK, Lennon held senior leadership positions at Ipsos Connect, Ipsos Media & Technology, OTX Research and Telemundo Network.
"I'm beyond excited to be part of the exceptional team of strategy and insights experts that make up the GBK Collective.

Nexstar Media Releases Statement on FCC Ruling Regarding Its Relationship With WPIX-TV

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Thursday, March 21, 2024

Marketing, Entertainment, Communications, TV and Radio, Media, Publishing, Local marketing agreement, LMA, Media Group, FCC, Mission Broadcasting, WPIX-TV, Nexstar Media Group, Noise, News, Nexstar

Nexstar Media Group, Inc. (Nasdaq: NXST), today released the following statement from its Chairman and Chief Executive Officer, Perry Sook, about the FCC’s action regarding the Company’s relationship with WPIX-TV in New York City:

Key Points:

Nexstar Media Group, Inc. (Nasdaq: NXST), today released the following statement from its Chairman and Chief Executive Officer, Perry Sook, about the FCC’s action regarding the Company’s relationship with WPIX-TV in New York City:
“We are extremely disappointed in today’s action by the Federal Communication Commission regarding our relationship with WPIX-TV and we intend to dispute it vigorously.
We believe the FCC has been misled by the often distracting noise in the media ecosphere and that it has completely misjudged the facts.
The facts are that Nexstar has always complied with FCC regulations and that its relationship with WPIX-TV under a Local Marketing Agreement (LMA) was approved by the FCC in 2020, when WPIX-TV was purchased by Mission Broadcasting, Inc. Nexstar believes that joint operating, shared service, and local marketing agreements like those in which it is engaged are vitally important to maintain a competitive media marketplace and to enable broadcasters to continue investing in local news, investigative journalism, and other services that they uniquely provide to the communities in which they are located.”

Reddit Announces Pricing of Initial Public Offering

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Wednesday, March 20, 2024

Media, Communications, Social Media, Citigroup, BofA Securities, JMP, J. P. Morgan, Goldman Sachs, Telephone, Sale, Attention, Security (finance), Prospectus, Bank of America, Broadridge Financial Solutions, MUFG, Varick Street, Deutsche Bank

Reddit, Inc. (“Reddit”) today announced the pricing of its initial public offering of an aggregate 22,000,000 shares of its Class A common stock, 15,276,527 of which are being sold by Reddit and 6,723,473 of which are being sold by certain selling stockholders, at a public offering price of $34 per share.

Key Points:

Reddit, Inc. (“Reddit”) today announced the pricing of its initial public offering of an aggregate 22,000,000 shares of its Class A common stock, 15,276,527 of which are being sold by Reddit and 6,723,473 of which are being sold by certain selling stockholders, at a public offering price of $34 per share.
Reddit will not receive any proceeds from any sale of shares by the selling stockholders.
In addition, Reddit has granted the underwriters a 30-day option to purchase up to an additional 3,300,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions.
Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, J.P. Morgan, and BofA Securities are acting as lead book-running managers for the offering.

PDRI by Pearson to Lead New Research Program to Investigate Applications for Generative AI in Assessment and Job Analysis

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Wednesday, March 20, 2024

Human Resources, Publishing, Artificial Intelligence, Communications, Professional Services, Technology, Education, Training, Organization, Bias, Research, AI, Doctor of Philosophy, PDRI, Workforce, Media, Gartner, Medical device

PDRI will use the findings to enhance its assessment solutions and will release the results to educate industry stakeholders on best practices for the use of generative AI in assessment.

Key Points:

PDRI will use the findings to enhance its assessment solutions and will release the results to educate industry stakeholders on best practices for the use of generative AI in assessment.
“Generative AI shows great promise to improve assessment development, quality and fairness but it’s a young, powerful technology that contains many unknowns,” said Elaine Pulakos, PhD, CEO at PDRI.
“The use of generative AI in assessment needs to be based on rigorous scientific research and adhere to professional and legal standards for the development and use of assessments.
Another aspect of PDRI’s research program will investigate advanced security techniques, some of which may be powered by generative AI, to protect test content, reduce the potential for cheating (including generative AI-based cheating), and identify security vulnerabilities.

Energage and USA TODAY Announce the Winners of the 2024 Top Workplaces USA Award

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Wednesday, March 20, 2024

Professional Services, Business, Communications, Human Resources, Media, Publishing, Partnership, Organization, Culture, Nursing

Energage, in partnership with USA TODAY, announced the Top Workplaces USA national award winners.

Key Points:

Energage, in partnership with USA TODAY, announced the Top Workplaces USA national award winners.
The Top Workplaces USA award is based on Energage's confidential, research-backed employee engagement survey .
"We are thrilled to announce the publication of the Top Workplaces USA award winners in collaboration with USA TODAY," said Eric Rubino, Energage CEO.
"Partnering with Energage to honor the Top Workplaces USA award winners aligns with our mission to prioritize culture and foster a positive work environment,” said Michael Reed, Chief Executive Officer, Gannett.

Comscore Achieves Accreditation by the Media Rating Council (MRC) for National and Local TV Household-Level Measurement

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Wednesday, March 20, 2024

Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting, and evaluating media across platforms, today announced it has been granted accreditation by the Media Rating Council (MRC) for the Total Household Rating and Average Audience estimates in both its national and local TV Time Based Grid reports.

Key Points:

Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting, and evaluating media across platforms, today announced it has been granted accreditation by the Media Rating Council (MRC) for the Total Household Rating and Average Audience estimates in both its national and local TV Time Based Grid reports.
This outcome makes Comscore the only measurement company accredited for its local TV measurement, and the only accredited national measurement that leverages “big data” science and methodology.
This also marks the first time a TV measurement provider has been accredited in all 210 measured local markets based on device tuning measurement.
MRC accreditation signifies that Comscore’s methodologies and processes meet the organization’s industry established standards, designed to ensure transparency and accountability in measurement.

EcoVadis Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2024

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Wednesday, March 20, 2024

Professional Services, Environmental, Social and Governance (ESG), Communications, Environment, Sustainability, Environmental Issues, Media, Carbon, Culture, Organization, MIC, Intelligence, Risk, ESG, AI, Hope, Taco Bell, Most, Map

EcoVadis , the leading provider of business sustainability ratings, today announced it was named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024.

Key Points:

EcoVadis , the leading provider of business sustainability ratings, today announced it was named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024.
Companies require more intelligence and due diligence capabilities to help them efficiently comply with an evolving regulatory and risk landscape.
Alongside the World's 50 Most Innovative Companies, Fast Company recognizes 606 organizations across 58 sectors and regions.
To learn more about how EcoVadis IQ Plus helps organizations better understand their sustainability risks and opportunities, visit https://ecovadis.com/solutions/iq/ .

Morgan Stanley Private Credit Leads $220 Million Recapitalization for Grass Valley

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Thursday, March 21, 2024

Technology, Finance, Entertainment, Communications, Professional Services, Events, Concerts, Media, Software, Hardware, Universe, Investment, AMPP, Growth, Video game

Morgan Stanley Private Credit (“MSPC”) announced today that several of its investment funds have led a $220 million recapitalization for Grass Valley , a leading media technology company that provides end-to-end solutions for the live media and entertainment industry.

Key Points:

Morgan Stanley Private Credit (“MSPC”) announced today that several of its investment funds have led a $220 million recapitalization for Grass Valley , a leading media technology company that provides end-to-end solutions for the live media and entertainment industry.
With this recapitalization, Grass Valley will accelerate its investment across the combined GVMU integrated hardware and software solutions, enabled by AMPP, further extending its leadership across live, networking, content production, and playout workflows.
“We are pleased to be Grass Valley’s financing partner and support the company in its next phase of growth,” said Peter Ma, Managing Director, Morgan Stanley Private Credit.
This investment will accelerate Grass Valley’s innovation across their entire portfolio during an industry-wide transition period, particularly in the AMPP ecosystem.”