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Andrew A. Rosen posted new notes

IAC just renamed itself People Inc. and bet the company on Chairman Barry Diller’s concept of INVERSION—turning magazine brands like Southern Living and Food & Wine into products it owns instead of licensing them. BetMGM lost market share over four years under the same thesis that IAC's commerce…
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Meta now has 8 million advertisers using AI creative tools, doubled from 4 million in 14 months. Amazon and Google are building similar tools for small businesses. A new dataset of 301 CPG brands found that every billion-dollar breakout of…
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