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Mumbrellacast: How global streaming platforms are thinking local


Mumbrellacast: How global streaming platforms are thinking local
May 20, 2021 7:32
Media monitoring company iSentia has made six redundancies and a number of staff changes to its commercial team as its share price and market value plummet. While the share price recovered slightly today, iSentia has had a tough time of it recently, having suffered a cyber attack in late 2020 which saw its financial revenue for the first half of the financial year suffer. So what does iSentia need to do to succeed, and is Ed Harrison the right person to lead the company forward?
It was a week of developments in the world of paid streaming services, with Amazon Prime Video holding a showcase event and announcing a stack of new and original Australian content, while Network Ten owner Viacom CBS revealed it will launch Paramount+ in Australia to replace 10 All Access. The Mumbrella team breaks down the state of play among Subscription Video On Demand services at current, and looks ahead t ....

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Mumbrellacast: The hidden cost of posting profits during a pandemic


Mumbrellacast: The hidden cost of posting profits during a pandemic
May 13, 2021 4:24
The global pandemic had a significant impact on the Australian media and marketing industry, with many businesses forced to put staff on reduced hours and/or reduce pay on a temporary basis. Mumbrella was recently contacted by a group of “disheartened and angry” staff from Clemenger Group who voiced their frustrations at salary cuts, forced leave, and redundancies, particularly in light of the company going on to post a healthy profit for the 2020 calendar year. So should profit always the most important goal of a business, and how do you balance the needs of a business with the needs of staff? ....

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