How Comcast's investing arm Comcast Ventures unraveled
Good morning and welcome to Insider Advertising for February 25. I'm senior advertising reporter Lauren Johnson, and here's what's going on:
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Comcast Ventures was once a kingmaker for healthcare benefits startups. Then its team fell apart.
- Megan Hernbroth examines what happened to Comcast Ventures - the venture arm of media giant Comcast.
- In November, Comcast wound down Comcast Ventures and rolled its team into its business development division.
- Comcast Ventures invested in healthcare companies like Sidecar Health, and K Health as well as advertising and media startups like Blavity and Players' Lounge.
Read the story.
Carolyn Ryan is the most powerful woman in The New York Times newsroom - and she could become its next top editor
- Steven Perlberg profiled Carolyn Ryan, who oversees newsroom diversity and edits some of the paper's most controversial coverage.
- She has been responding to recent controversies like science reporter Donald McNeil's resignation.
- Ryan is seen as a candidate to succeed executive editor Dean Baquet when he steps down.
Read the story.
Netflix has an elite 'Lstaff' team of 23 execs that helps make the company's biggest decisions. Here are its members, who range from key content VPs to data leads.
- Ashley Rodriguez reports that Netflix has a special team of business leaders who debate the company's biggest decisions.
- The "Lstaff" helped shaped recent moves like the decisions to open a Canada office and invest capital in Black-led banks.
- Its members include CMO Bozoma Saint John and VP of global TV Bela Bajaria.
Read the story.
More stories we're reading:
- YouTube stars The Try Guys break into traditional TV with new Food Network production (Business Insider)
- 'The Office' star Brian Baumgartner made over $1 million on Cameo last year. Here were the 10 most-booked talent on the celeb shout-out app in 2020. (Business Insider)
- 10 times Elon Musk proved Tesla doesn't need advertising (Business Insider)
- Catalina sues Quotient in a clash of the coupons (Adweek)
- TPG-Backed Fandom buys gaming e-commerce platform (Wall Street Journal)
Thanks for reading and see you tomorrow! You can reach me in the meantime at LJohnson@businessinsider.com and subscribe to this daily email here.