Funding News and Financial Performance of Dotdash Meredith
US news giants grow revenue despite AI - driven turmoil
People Inc, formerly Dotdash Meredith, reported a 1% revenue increase to $427 million, driven by a 9% rise in digital revenue, which offset a 9% decline in print revenue. The company has focused on b...uilding direct customer relationships, launching the People app in April. Despite challenges, digital revenue offers better profit margins, with e-commerce revenue up 23% and advertising revenue growing 5% year on year.
Leadership and Executive Team Updates at Dotdash Meredith
Dotdash Meredith Appoints Jim Lawson as President of D / Cipher
Dotdash Meredith appoints Jim Lawson as President of D/Cipher to lead its growth as a cookie-less ad targeting solution. Lawson, former CEO of AdTheorent, brings experience from growing a startup to ...a NASDAQ-listed company.