• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, June 13, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Netflix Hires two top ad Executives from Snap

by NIsha Jain
August 31, 2022
in Business, News, Tech
Reading Time: 1 min read
0
Netflix on a laptop screen

Source: Moneycontrol

TwitterWhatsappLinkedin

Netflix Inc announced on Tuesday that it has hired two executives from social media business Snap Inc to assist the streaming giant with its planned advertising-supported tier.

You might also like

CRED Raises ₹617 Crore as Valuation Drops 45% to $3.5 Billion

Samsung Surpasses Apple in India-Assembled Smartphone Production

ED Raids 24 Locations in Rajasthan, Gujarat Over ₹2,700 Crore Nexa Evergreen Scam

Snap revealed the departures of Chief Business Officer Jeremi Gorman and Vice President of Ad Sales for the Americas Peter Naylor.

Snap revealed the departures of Chief Business Officer Jeremi Gorman and Vice President of Ad Sales for the Americas Peter Naylor. Gorman has been with Snap since 2018, overseeing the worldwide sales team in charge of enterprise advertisers, whilst Naylor joined the company two years ago after assisting Hulu in expanding its robust ad-based subscription tiers.

Netflix hires two top ad executives from Snap
moneycontrol

After posting its first quarterly membership drop in over a decade, Netflix announced plans to offer an ad-supported tier of its service early this year. Netflix is experiencing slow revenue growth as a result of increased competition from rival companies and rampant account sharing among its prospects.

In the second quarter, Netflix had 220.67 million global customers, a drop of roughly 1 million users.

The next advertising tier will attempt to reverse this trend by providing subscribers with a lower-cost streaming option, with reports indicating that the package might cost between $7-9 per month.

The announcement of Naylor and Gorman’s appointments comes six weeks after Netflix announced Microsoft as its technology and advertising sales partner. Netflix shares are down 63.4% year to date, compared to a 33.1% fall in the Zacks Consumer Discretionary sector.

Tags: AdvertisingNetflixSnaptop adTop executives
Tweet54SendShare15
Previous Post

A Guide to Buying a Classic Car: Everything You Need to Know

Next Post

Toyota to boost its initial investment plan in the US battery plant to $3.8B

NIsha Jain

Recommended For You

CRED Raises ₹617 Crore as Valuation Drops 45% to $3.5 Billion

by Rounak Majumdar
June 13, 2025
0
CRED Raises ₹617 Crore as Valuation Drops 45% to $3.5 Billion

CRED, the Bengaluru-based fintech unicorn renowned for its credit card payment platform, has closed a fresh funding round of ₹617 crore (approximately $72 million). However, this new capital...

Read more

Samsung Surpasses Apple in India-Assembled Smartphone Production

by Rounak Majumdar
June 12, 2025
0
Samsung Surpasses Apple in India-Assembled Smartphone Production

Samsung has emerged as the leading producer of India-assembled smartphones, outpacing Apple in both volume and local value addition, according to recent industry reports. This development highlights the...

Read more

ED Raids 24 Locations in Rajasthan, Gujarat Over ₹2,700 Crore Nexa Evergreen Scam

by Rounak Majumdar
June 12, 2025
0
ED Raids 24 Locations in Rajasthan, Gujarat Over ₹2,700 Crore Nexa Evergreen Scam

The Enforcement Directorate (ED) launched a massive crackdown on Thursday, raiding 24 locations across Rajasthan and Gujarat in connection with a ₹2,700 crore money laundering case linked to...

Read more
Next Post
Toyota looking to triple planned investment in US battery factory

Toyota to boost its initial investment plan in the US battery plant to $3.8B

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?