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Home » The Feeding Frenzy Fueling Food Media M&A » Page 4
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The Feeding Frenzy Fueling Food Media M&A

Business Circle TeamBy Business Circle TeamApril 2, 2026No Comments13 Mins Read
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The Feeding Frenzy Fueling Food Media M&A
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Canary within the CBS Union (SCOOP): Amid the broader upheaval underway at CBS, union negotiations between CBS Information 24/7 and the corporate are anticipated to succeed in a conclusion this week, in accordance with an individual aware of the matter. The unionized division counts round 60 members and is represented by the Writers Guild of America East. Two weeks in the past, members of this system held a 24-hour walkout to protest the delayed talks, as their contract expired March 9. Whereas the union represents solely a small tranche of the bigger newsgathering operation, the contract would be the first to emerge since Bari Weiss took over CBS. As such, it should provide a glimpse into how she, together with Paramount Skydance proprietor David Ellison, plans to form the corporate. Notably, CNN, which Paramount now additionally owns, is just not unionized, an element that would develop in relevance as Weiss and the Ellisons decide how one can handle the 2 retailers.

Sundial Nabs Netflix Guru (EXCLUSIVE): The Sundial Media and Know-how Group, which owns the manufacturers Essence, Refinery29, and Afropunk, amongst others, has employed Amanda Butler to function its first chief advertising and marketing officer, the corporate shared with ADWEEK completely. Butler, who has already begun the position, shall be tasked with creating an built-in advertising and marketing perform that promotes the whole thing of the SMTG portfolio, which additionally homes the influential experiential manufacturers EssenceFest and 29Rooms. She’s going to report back to SMTG CEO Kirk McDonald and chairman Richelieu Denis. Butler joins SMTG following multiyear stints at Spotify and, most not too long ago, Netflix, the place she served as its head of music advertising and marketing. 

Delinquent Publish: The Washington Publish mind drain continues apace, though this time the exodus is coming from contained in the social media division. On Wednesday, The Atlanta Journal-Structure shared that it has named Travis Lyles, previously the deputy director of social media at The Publish, as its new director of social media. Lyles, who was named to Forbes’ 30 Underneath 30 in 2022, led a flurry of bold social media initiatives throughout his time at The Publish, which garnered him industrywide acclaim—together with a 2022 story from yours really. Alongside Dave Jorgenson, who has hung a solo shingle at YouTube, Lyles now marks the second social media maven to go away The Publish within the final yr. At AJC, which is itself within the midst of an bold reinvention, Lyles will once more have the chance to form the social media technique of a legacy outlet with grand designs for its future.

CNET Reboots Information: The digital media legacy model CNET is relaunching its information providing, in accordance with its editor in chief David Katzmaier, a pivot notable for a wide range of causes. First, the reboot comes after the digital media behemoth Ziff Davis acquired CNET from Crimson Ventures in October 2024 for north of $100 million. Underneath Crimson Ventures, which is actually a complicated internet affiliate marketing agency, information made little sense and was thus disbanded. However in a visitors panorama now totally disrupted by reply engines, the form of evergreen assessment content material that CNET produces has declined in worth, whereas breaking information has grown extra necessary. This development, broadly talking, has troubled intent-media corporations like Ziff Davis, whose enterprise depends closely on Google Search. Set in opposition to this backdrop, the launch is probably going designed to offset a few of these declines.

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