Netflix is thinking about a free streaming service to boost its ads business, insiders say

Netflix is thinking about a free streaming service to boost its ads business, insiders say

Julia Garner as Anna Sorokin in "Inventing Anna." This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Netflix said it’s open to adding a free, ad-supported streaming service. Greg Peters, who was elevated to co-CEO alongside Ted Sarandos, is said to be a fan of the idea. A FAST offering could help Netflix scale its nascent ads business, which has been slow to take off. Could Netflix launch a free, ad-supported service? In answer to an analyst’s question, co-CEO Ted Sarandos said during the company’s fourth-quarter earnings call that the company is "open to all these different models," including FAST channels . "We’ve got a lot on our plate this year, both with the paid sharing and with our launch of advertising and continuing to this slate of content that we’re trying to drive to our members," Sarandos added, according to a transcript. "So we are keeping an eye on that segment for sure." It’s a question that’s been on observers’ minds since Netflix launched a $7-per-month ad-supported tier in November, reversing its longstanding opposition to selling ads. A FAST channel — free, ad-supported television — is a linear stream, a model media […]

It's a terrible time to be a sneaker reseller

It’s a terrible time to be a sneaker reseller

Your browser does not support the video element. A series of complications have hit sneaker resellers. Adidas’ messy breakup with Ye is the latest in a series of complications for sneaker resellers. Sneaker resellers have felt the effects of the end of the stimulus check and the rise of inflation. Consumers have also lost confidence in reselling and brands are cracking down on bots. Top editors give you the stories you want — delivered right to your inbox each weekday. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . The last few years have seen the spectacular rise and the incredible fall of the sneaker reseller, a side hustle that flourished during the height of the pandemic. Adidas’ messy breakup with Ye, the rapper formerly known as Kanye West, was the latest in a series of complications to befall this enterprising group. Over the past year, sneaker resellers have felt the knock-on effects of the end of the […]

Setting Financial Goals For Your Business

Setting Financial Goals For Your Business

Setting Financial Goals For Your Business getty Setting financial goals for yourself is an essential part of success. Knowing your short-term and long-term objectives will help you stay on track and make sure you are making the right decisions to achieve those goals. Financial goals give you direction and motivation when managing your business finances and clarify what steps to take to reach them. When setting financial goals, it’s essential to ensure they are realistic and achievable. Setting realistic and achievable goals will ensure you don’t become overwhelmed or discouraged if things don’t go as planned. Businesses can set many different types of financial goals for themselves. These include short-term (one to two years) and long-term (five years or longer) goals, as well as saving or investment objectives such as retirement planning or college savings plans. It’s important to consider both short-term and long-term objectives when planning a financial strategy for your business to ensure that you have a balanced approach for both immediate needs and future aspirations. Once you have determined what financial goals are right for your business , the next step is figuring out how to reach them. Reaching your goals requires creating an action plan […]

European shares slip as business activity data underwhelms

European shares slip as business activity data underwhelms

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 27, 2022. REUTERS/Staff EZ Jan business activity returns to growth -PMI Swatch Group up, says positive on China recovery Norwegian salmon farmers jump on tax cut hope Jan 24 (Reuters) – European stocks reversed early gains on Tuesday as better-than-expected business activity data in the euro zone failed to excite investors worried about further interest rate hikes by the European Central Bank (ECB). The pan-European STOXX 600 index (.STOXX) dropped 0.1% despite a strong finish on Wall Street where battered technology stocks continued their rebound. S&P Global’s flash Composite Purchasing Managers’ Index (PMI) climbed to 50.2 this month from 49.3 in December , adding to signs the downturn in the bloc may not be as deep as feared and that the currency union may escape recession. While the bloc’s dominant services index also surprised on the upside, factory activity still declined. "Manufacturing activity may have shrunk the least in five months, but the sector is still contracting," said Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown. "The realisation is washing over investors that although this is more progress there is still […]

Innovation in Compliance - Why Sustainability is the Business Opportunity with Richard Blundell

Innovation in Compliance – Why Sustainability is the Business Opportunity with Richard Blundell

My guest on this week’s episode of Innovation in Compliance, Richard Blundell, discusses the risks and opportunities associated with growth in the insurance industry. We discuss financing a company’s growth by understanding its risks. Business financing is trending towards sustainability, and we explore how companies can access capital by implementing sustainable practices and strategies. A global environmental services and technology See more +

Business Journal announces Middle Market Leaders executive, innovator and dealmaker of the year

Business Journal announces Middle Market Leaders executive, innovator and dealmaker of the year

The Boston Business Journal is announcing the three main honorees for its 2023 Middle Market Leaders awards: innovator of the year, deal of the year and executive of the year. The honorees, along with 50 companies announced last week that make up the Business Journal’s 2023 Middle Market Leaders, will be celebrated in a special publication and at the Business Journal’s Middle Market Awards event on Tuesday, March 14 at the Boston Park Plaza. Tickets to the event can be purchased here . The three awardees are: Middle Market Executive of the Year: Yvonne Greenstreet , CEO, Alnylam Pharmaceuticals Middle Market Innovator of the Year: BlueSnap Inc. Middle Market Dealmaker of the Year: Ginkgo Bioworks Last year’s Middle Market Leaders innovator of the year was Moderna , executive of the year was Rapid7’s Corey Thomas , and dealmaker of the year was Risk Strategies . Photos from last year’s event can be seen here . The No. 1 company — and all 50 companies named as Middle Market Leaders will be unveiled — in a final ranking at the March 14 event. The list includes both private and public companies across all industries whose annual revenue was between $25 […]

Measuring Inflation’s Impact On Small Businesses

Measuring Inflation’s Impact On Small Businesses

It’s no secret that the pandemic took its toll on small business owners, but until now the true economic impact had not been measured. Biz2Credit recently published the results of its Small Business Inflation Study that analyzed the revenues and expenditures of more than 140,000 U.S. small businesses from January 2019 to October 2022. The Federal Reserve is considering another interest rate hike to curb inflation. getty The Biz2Credit Small Business Inflation Study identified three distinct phases: 1. The pre-pandemic phase up to Q1 2020. 2. The initial waves of the COVID pandemic before mass vaccination in the first quarter of 2021, when both small business revenues and expenditures fell sharply. 3. The period of gradual, partial recovery of small businesses after revenues had bottomed out in Q1 2021 and extending to 2Q 2022. Inflation persisted through the third phase. The analysis found that before COVID, the expenses of small businesses were pretty much in control compared to the revenue. However, in the post vaccine recovery and inflationary period, especially in 2021 and 2022, margins were significantly eroded. Small businesses have to work harder have to sell more to attain the same level of wealth. This is complicated by […]

GE’s 2023 profit forecast weighed down by renewable business

GE’s 2023 profit forecast weighed down by renewable business

In this article The General Electric Co. logo is seen on the company’s corporate headquarters building in Boston, Massachusetts, U.S. July 23, 2019 The General Electric Co. logo is seen on the company’s corporate headquarters building in Boston, Massachusetts, U.S. July 23, 2019 Alwyn Scott | Reuters General Electric forecast a lower-than-expected 2023 adjusted profit on Tuesday, as the industrial major struggles with persistent problems at its money-losing renewable energy business. Shares in GE were down 2% at $78.29 in premarket trade after the company forecast an operating loss between $200 million and $600 million for its energy business GE Vernova in 2023. related investing news In a water-scarce world, the Xylem-Evoqua deal makes sense. Why some think it’s too expensive Christina Cheddar Berk 18 hours ago The company’s renewable energy business has been facing challenges due to inflation and supply chain pressures. The unit reported a loss of $2.2 billion in 2022. While GE is aiming to make its renewable business profitable next year, Chief Executive Larry Culp has described its onshore wind unit as “the battleground” for the company. The company is reducing global headcount at the onshore wind unit by about 20% as part of a […]

Insurance Business names America's 5-star DE&I 2023 award winners

Insurance Business names America’s 5-star DE&I 2023 award winners

Excellent diversity, equity, and inclusion (DE&I) initiatives indicate a forward-looking company. Now, Insurance Business America (IBA ) has identified the insurance companies with the best DE&I programs across the industry. The IBA team determined the insurance companies with the most effective DE&I programs by inviting firms to share the initiatives they had focused on over the past 12 months. For 15 weeks, the team conducted one-on-one interviews with DE&I professionals to understand the industry standards for such initiatives and identify which companies had met or exceeded those expectations. After receiving nominations, the IBA team surveyed the nominated companies’ employees to gauge the effectiveness of the DE&I programs. The companies that scored 4.0 or higher on a scale of 1 to 5 were recognized for having 5-star DE&I programs. The most important factors that companies should include to enhance DE&I programs According to the employees surveyed, the following are the most significant factors that a company must implement to enhance its DE&I program: Employees feel that they belong at the company (4.87 out of 5); The knowledge that people’s personal beliefs and traditions are respected (4.83 out of 5); Knowing who to contact and where to go if someone needs […]

Euro zone business activity back to growth in January -PMI

Euro zone business activity back to growth in January -PMI

A worker assembles a vehicle at the Knaus-Tabbert AG factory in Jandelsbrunn near Passau, Germany, March 16, 2021. Picture taken March 16, 2021. REUTERS/Andreas Gebert/File Photo LONDON, Jan 24 (Reuters) – Euro zone business activity made a surprise return to modest growth in January, adding to signs the downturn in the bloc may not be as deep as feared and that the currency union may escape recession, a survey showed. S&P Global’s flash Composite Purchasing Managers’ Index (PMI), seen as a good gauge of overall economic health, climbed to 50.2 this month from 49.3 in December. January was the first time the index has been above the 50 mark, which separates growth from contraction, since June and the reading was ahead of the median Reuters poll forecast of 49.8. "The rise in the purchasing managers’ indices is likely to fuel hopes among many that the economy in the euro area might just escape a recession after all," said Christoph Weil at Commerzbank. However, Weil added that a clear deterioration in the economic environment continued to point to at least a mild recession. A moderate winter so far, falling gas prices and recent positive economic data meant some quarterly growth […]