Hello! Welcome to the Advertising and Media Insider newsletter. I'm Tanya Dua, a senior advertising reporter filling in for Lucia this week. If you got this email forwarded, sign up for your own here. Send tips or feedback to me at tdua@businessinsider.com. First, a scoop from my colleague Ashley Rodriguez. WarnerMedia Entertainment plans to cut more than two dozen marketing and international sales jobs next year as it reorganizes under AT&T. A new round of layoffs will hit WarnerMedia Entertainment's marketing and international sales teams starting early next year Ashley also had the details on News Corp's new tech chief. Viacom CTO David Kline, who will be exiting the company when it completes its merger with CBS, will become CTO of News Corp. News Corp. has tapped Viacom's former tech chief as its next CTO If you were busy scarfing down turkey and stuffing last week, we've got you covered. Here's a quick recap of some key stories you may have missed. Ownership of the ideas that an ad agency pitches to win a brand's business is an increasingly hot topic in the ad industry, Patrick Coffee reports. As they contend with shrinking profits and client contracts, some ad agencies are opting out of brands' increasingly demanding stipulations. Many brands demand that their ad agencies give up intellectual-property rights — but some agencies are starting to push back Lucia Moses caught up with the famous investor Fred Wilson, who talked about what venture capitalists got wrong about media and why he still sees opportunity in the sector. Fred Wilson, one of the world's most successful venture capitalists, reveals the top trends in startups right now, and why he's investing in an industry that's imploding He also revealed why he invested in John Heilemann and John Battelle's media startup, The Recount, which sums up the day's politics news in short clips. Star venture capitalist Fred Wilson is betting $5 million the world needs another video media startup. He explains how The Recount could quickly become a profitable, $200 million business Here are other great stories from media, marketing, and advertising. (You can read most of the articles here by subscribing to BI Prime; use promo code AD2PRIME2018 for a free month.) And send me tips at lmoses@businessinsider.com. Internal memo reveals Sony Music's plans to double down on podcast ad sales strategy with four new executive hires Marketing-tech company Sprinklr has acquired the social media business of one of Facebook's oldest marketing partners People are confused by Peloton's new holiday ad, which shows a woman taking selfies while riding the bike over the course of a year Podcast companies are using new tech to make more money from host-read ads, but some worry about overwhelming their most loyal listeners Dive Studios is trying to turn K-Pop fans into podcast listeners by grabbing their attention on social media How Kardashian drama helped 'Comments by Celebs' make the jump from Instagram to podcasting success Starbucks baristas are celebrating as the coffee giant updates its dress code How much money a YouTube video with 1 million views makes, according to 4 creators |