Digiday Research: 33 percent of European publishers report layoffs to support the pivot to video
This research is based on unique data collected from our proprietary audience of publisher, agency, brand and tech insiders. It’s available to Digiday+ members. More from the series →
Digiday’s “Research in brief” is our newest research installment designed to give you quick, easy and digestible facts to make better decisions and win arguments around the office. They are based on Digiday’s proprietary surveys of industry leaders, executives and doers.
The pivot to video is not without its victims.
Pivoting to video comes at a heavy cost to publishers. At the Digiday Publishing Summits in the U.S. and Europe, we asked 85 executives if they are laying off staff to support their pivots to video. One-third of European publishers have either laid off employees or plan to do so in their video shifts. By contrast, only 16 percent of U.S. publishers were prepared to make that move.
More in Media
The Rundown: AI clones split the creator economy
Unauthorized AI voice clones and authorized digital twins are splitting the creator economy in half as brands, lawyers, and talent take stock.
The World Cup is a big chance for retail media to prove itself to advertisers
The World Cup, being much longer than other sporting events with more opportunities for campaigns, will likely serve as a case study for future retail media activations.
AI ‘girlfriend ads’ are fueling a new wave of MFA sites
AI-generated “girlfriend ads” are driving traffic to made-for-advertising sites filled with low-quality content and ads.