Author: Brad Hill

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Pandora announces layoffs, restructuring, and expansion of Atlanta office

Posted on by Brad Hill

In what Pandora calls a “redesign,” the company has announced a company reorganization that includes layoffs, a remapping of its key initiatives, and prioritization of its Atlanta office for growth even as its official HQ remains in Oakland. The staff reduction will affect 5% of Pandora’s workforce. At the same time, the company plans to hire for its new initiatives in the less expensive, talent-rich Atlanta market. Continue Reading →

CRB rate increase: not necessarily 44% (a look at Pandora)

Posted on by Brad Hill

As the new Copyright Royalty Board rate ruling sinks in today, we look at how it might affect Pandora. Using the company’s 2017 Annual Report and financials from the most recent earnings report, it becomes clear that the new rates will not apply to most of Pandora’s royalty cost, and that the simple 44% CRB rate hike is actually more complicated … and lower. Continue Reading →

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Scripps reshapes for the 21st century: cutbacks coming; radio laid off too

Posted on by Brad Hill

The venerable E.W. Scripps Company, a multimedia national player in newspapers, radio, television, and digital media, has announced a tectonic and identity-changing restructure plan. As with many corporate reinventions, headcount will be reduced over 12-18 months, costs will be lowered, technology will be centralized, resources will be optimized across divisions. And radio will be ditched entirely. Continue Reading →

Futuri Media launches ad network, expanding beyond tech products to sales

Posted on by Brad Hill

Futuri Media issued an announcement today which expands the company’s purview beyond the suite of software and technology products it has offered broadcasters for years. At the crux is a new product called the Futuri Ad Network, which promises “flexible and turnkey options for generating revenue with digital content.” Continue Reading →