Recurrent Ventures Names New CEO, Its Third in 3 Years

The mannequin has fallen beneath scrutiny, nonetheless, with the appearance of generative synthetic intelligence. Utilizing gen AI, search merchandise like Google’s Search Generative Expertise and Microsoft’s Bing can reply consumer inquiries with out directing them to publishers’ web sites, jeopardizing the dynamic on which intent media depends.

Moreover, a depressed promoting local weather has acted as a headwind for practically each media firm, throttling revenues and resulting in a wave of cutbacks and closures throughout the business.