Mike's Industry View - Issue #121
AI / Creativity
It’s that time of the year again and, as your stewards of short form entertainment, yours truly here at GIPHY are excited to bring you the Top 25 GIFs of 2018.
Farfetch launches visual search feature as luxury plays digital catch-up
Farfetch is jumping headlong into visual search with a new program called See It, Snap It, Shop It.
Business/Marketing/Adv
Walmart is acquiring the world's largest online seller of art — www.businessinsider.com
Walmart is to acquire Art.com, the world's largest online seller of art.
After the retail apocalypse, what next for the high street? Out-of-town shopping centres and online giants decimated our town centres – what can local spaces still offer that the internet can’t?
Interestingness
The future of Ikea: Small stores in big cities — www.cnn.com Ikea is ditching its famous Swedish meatballs and cavernous blue-and-yellow stores to crack big cities.
Michelin Guide Owner Buys Tablet Hotels to Build a Travel Business — skift.com
Michelin, the France-based tire company that publishes Michelin guides for restaurants and tours, quietly acquired the booking site Tablet Hotels.
Platform News
Instagram has revolutionized the way we shop for clothes — and these previously unknown brands are turning out to be winners — www.businessinsider.com Instagram has made it easier to find new, less-established brands. Here are some of the most popular right now.
New Generation Digital Feels the FAANGS’ Bite — oldmediaman.com
When Facebook and Google win around 85% of all new digital advertising revenue, little is left behind for any media owners, new generation or old.
Video
Ryan ToysReview: 7-year-old makes $22 million a year on YouTube — www.businessinsider.com The 7-year-old Ryan of YouTube's Ryan ToysReview made $22 million in revenue this year from his YouTube account, according to Forbes.
Reuters is seeing a revenue bump from monetized video views on Twitter — digiday.com Twitter now brings in “significant revenue,” to Reuters through monetized video views in line with what it gets from Google AMP.