Verizon sells its media business


Hi and welcome to Insider Advertising for May 4. I'm senior advertising reporter Lauren Johnson, and here's what's going on:

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5G verizon

Rafael Henrique/SOPA Images/LightRocket/Getty Images

Verizon just sold AOL and Yahoo for $5 billion, and the new company will be known as 'Yahoo' going forward Read the story.
Kasper Rørsted

Daniel Karmann/picture alliance via Getty Images

Adidas is requiring some ad agencies to pay back more than 10% of their earnings, squeezing small firms Read the story.
tiktok house 2x1

Marianne Ayala/Insider

A startup promised influencers the Hollywood dream, replete with a mansion. But some insiders say its CEO bullied talent, made misogynistic comments, and treated their personal lives like 'a game.' Read the story.
More stories we're reading:

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Read the original article on Business Insider

[Author: [email protected] (Lauren Johnson)]


Tags: Verizon, Hollywood, Media, Yahoo, Advertising, Marketing, Newsletter, Trends, Adidas, Aol, Espn, Times, Donald Trump, Influencer Marketing, Ad Tech, CMG, Newsletters, Kevin Merida, Advertising Agencies, Lauren Johnson, Daniel Karmann, Facebook s Oversight Board, Clubhouse Media Group, Getty Images Adidas, Marianne Ayala, Apollo Global Management Going, Inside Clubhouse Media Group

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