Media Companies Need to Pivot to Owned Commerce Models

Media companies are struggling. They're missing revenue targets and laying off employees. Cash is drying up. In 2018, Vox missed revenue targets by approximately 15%, Verizon Media Group laid off 7% of its staff, BuzzFeed laid off 200 employees and Cond? Nast plans to paywall all digital content after reporting losses of $120 million in...
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