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Netflix is quietly searching for an exec to lead its video podcast efforts as it chases YouTube
Netflix is quietly searching for an exec to lead its video podcast efforts as it chases YouTube

Business Insider

time7 days ago

  • Entertainment
  • Business Insider

Netflix is quietly searching for an exec to lead its video podcast efforts as it chases YouTube

Netflix is quietly searching for an exec to lead its video podcast efforts. The streamer is chasing YouTube, which has cemented itself as a video podcast titan. Podcast listening and advertising are on the rise, and media giants are investing. Netflix is quietly searching for a podcast leader as it looks to bring video pods onto the streaming platform, two people close to the company told Business Insider. Netflix had previously explored potential deals with podcasters as it sought new areas of growth, as BI first reported. The hunt for an exec to lead a video podcasting effort shows how seriously Netflix is taking the space. The streamer's interest comes as rival YouTube has cemented itself as a living-room fixture and video podcasting powerhouse. Netflix has also shown interest in creator content more broadly. "We're really excited about 'The Sidemen' and 'Pop the Balloon' and a wide variety of creators and video podcasters that might be a good fit for us, and particularly if they're doing great work and looking for different ways to connect with audiences," co-CEO Ted Sarandos said on the company's second-quarter earnings call this month. "The Sidemen" and "Pop the Balloon" are two Netflix shows that began in the creator realm. Netflix has not publicized a podcast lead job opening and declined to comment for this story. One person who had conversations with Netflix said the company wanted someone who could make video-first podcasts for a big audience. Many of today's biggest podcasts started as audio-only endeavors and later added video as audience habits changed and YouTube gained prominence. The lines between video talk shows and podcasts have increasingly blurred, and newer podcasts often now start with video in mind. It's not clear where the podcast role would sit inside Netflix. A second person who had conversations with the company said they believed it would sit in Netflix's TV and film licensing arm under Lori Conkling rather than the original content side. That could signal that Netflix might look to license existing shows, as it's done with some YouTube creators like preschool entertainer Ms. Rachel, as well as make original shows with hosts. Separate content-side hires could follow. Edison Research has charted the continued rise of podcast listening. In a new report out this week, the firm said 73% of people ages 12 and over in the US listen to or watch podcasts, up from 55% in 2020. Video is on the rise, too, with 51% of people 12 and up saying they've watched a podcast, according to Edison. Podcast advertising grew 26.4% to $2.4 billion in 2024, according to the IAB. EMARKETER projects it will top $2.5 billion in 2025. Other media heavyweights have made big moves to chase the podcast-listening audience and the advertising that can come with it. In February, Fox acquired Red Seat Ventures, which produces Tucker Carlson, Megyn Kelly, and others. Amazon paid $300 million for podcast company Wondery in 2020, The New York Times reported at the time, after snapping up audiobook company Audible in 2008.

Interactive Brokers Nominates Lori Conkling to its Board of Directors
Interactive Brokers Nominates Lori Conkling to its Board of Directors

Yahoo

time07-03-2025

  • Business
  • Yahoo

Interactive Brokers Nominates Lori Conkling to its Board of Directors

GREENWICH, Conn., March 07, 2025--(BUSINESS WIRE)--Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the nomination of Lori Conkling as an independent director of the firm. Ms. Conkling will bring a wealth of knowledge to Interactive Brokers. As Head of TV & Film Licensing at Netflix, she oversees content acquisition and business development for their ad-free and ad-supported platforms. Before joining Netflix, she held leadership positions at Google, including Global Head of TV, Film and Sports for YouTube and YouTube TV. "We are pleased to nominate Lori to the Board of Directors and look forward to leveraging her expertise to enhance our profile across the media landscape," said Thomas Peterffy, Founder and Chairman of Interactive Brokers. "A successful senior executive with over 25 years of experience in the media space, Ms. Conkling will be a valuable resource helping to inform our media strategy and build brand awareness." Ms. Conkling has also served as Executive Vice President of Strategy and Business Development for Digital Enterprises at NBCUniversal, Executive Vice President of US and Canadian Distribution at A+E Networks, and Vice President of National Accounts for Disney and ESPN. She began her career with Accenture, where she analyzed and developed corporate strategies for publishing, film, and telecommunications companies. Ms. Conkling holds an M.B.A. from Duke University's Fuqua School of Business and a B.S. in Business Administration from the University of Southern California. She sits on the Boards of Teach for America and the Fuqua School of Business's Board of Visitors. The Best Informed Investors Choose Interactive Brokers About Interactive Brokers Group, Inc.: Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, and many others. View source version on Contacts Contacts for Interactive Brokers Group, Inc. Media: Katherine Ewert, media@ Sign in to access your portfolio

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