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Adding Executive Firepower, Audible Appoints Tech, Digital Media, and Information Services Leader Bob Carrigan as CEO, Reporting to Founder Don Katz – Financial Post

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NEWARK, N.J. — Audible, Inc., the world’s largest seller and producer of digital spoken-word entertainment and information, today announced that Bob Carrigan will join the company on January 2nd as Chief Executive Officer reporting to founder Don Katz, who will become Executive Chairman.

“Bob Carrigan is among the most accomplished, creative, intellectually adept, and inspirational CEOs I have watched succeed over my twenty years of studying and chronicling businesses and my twenty-four years leading Audible,” said Katz. “His transformational stewardship as CEO of the pioneering global information and subscription services juggernaut, IDG, and his visionary leadership as CEO of the venerable international data and analytics institution that is Dun & Bradstreet testify to his rare ability to field big ideas and turn them into customer-centric action. Both companies became far more connected to their customers, to their founding entrepreneurial roots, and both became more meaningful places to work.”

“Bob and I have traded insights on how to translate complex ideas into clear strategic and tactical action as trusted confidantes for years,” Katz continued. “From the time Bob and I first met, when he was a senior executive at AOL two decades ago, I have watched him positively disrupt institutional status quos to measurable and lasting effect. I could not be more thrilled that the stars have aligned to allow him to join the Audible adventure full-time. Bob has lived Audible’s People Principles in his own way over three decades. To welcome someone like Bob as CEO is a thrilling leap forward for me, for our talented and committed employees around the world, and for our many millions of loyal listeners and the many millions more to come.”

As Executive Chairman, Katz will work closely with Carrigan on overarching strategies as Carrigan takes over responsibility for global business operations. Katz will also focus on Audible’s global content strategy and the company’s extensive social and public policy objectives in Newark and other locations.

“Audible’s evolution from start-up to global powerhouse is a remarkable business and cultural phenomenon,” said Carrigan. “I could not be more honored and excited to join Don and the talented people who have worked so hard to serve millions of customers and so many of our most gifted professional creators. I’m looking forward to being part of Audible’s next chapter as it soars into the future.”

Carrigan most recently served as the Executive Chairman of Genscape, a leading provider of data and analytics to the global energy markets, until its sale to Verisk Analytics in November 2019. Previously, Mr. Carrigan served as Chairman and CEO of Dun & Bradstreet, where he led a business, technology, and cultural transformation that restored the iconic 177-year-old firm to consistent, profitable growth. Before that, Carrigan served as CEO of IDG, transforming that company from traditional print publisher to modern media company, growing multiple new revenue streams across 200 countries. Carrigan also spent four years at America Online Inc. as senior vice president of Interactive Marketing, leading business development for all technology channels. Carrigan is a former member and Chairman of the Interactive Advertising Bureau (IAB). His industry distinctions include Ernst & Young NJ Master Entrepreneur of the Year, Folio 100 Industry Influencer and CEO Innovator of the Year for Large Business Publishers.

Prior to founding Audible, Katz was a journalist and author for twenty years; his work won a National Magazine Award, an Overseas Press Club Award, the Chicago Tribune Heartland Prize for Nonfiction, and was nominated for a National Book Critics Circle Award, among other prizes. In 1994, Katz’s idea that the future of media would be transformed by ubiquitous pocket-borne solid state devices packed with the sound of culture led to the creation of Audible. Today, Audible operates nine Audible audio services beyond the U.S.: audible.co.uk, audible.de, audible.fr, audible.com.au, audible.co.jp, audible.it, audible.ca and two services in India, audible.in and Audible Suno.

Katz is also the founder of Newark Venture Partners, a social impact early-stage investment fund and ultra-bandwidth accelerator that seeks to connect Newark – Audible’s global headquarters – to the early-stage technology start-up innovation economy.

ABOUT AUDIBLE, INC.

Audible, Inc., an Amazon.com, Inc. subsidiary (NASDAQ:AMZN), is the leading provider of premium digital spoken audio content, offering customers a new way to enhance and enrich their lives every day. Audible content includes more than 475,000 audio programs from leading audiobook publishers, broadcasters, entertainers, magazine and newspaper publishers, and business information providers.

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Matthew Thornton
Audible
mthornton@audible.com

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A new model leverages the power of the media to win hearts and minds for climate action – UN Environment

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Over $500 billion dollars a year is spent on paid media advertising, returning significant profit to the media industry involved in the buying and selling of advertising space. But there is ever-growing awareness of the gravity of the climate crisis, and advertisers, consumers and industry leaders increasingly want to be part of the solution.

“We are excited to see advertisers and the media industry throw their weight behind global efforts to reverse the climate crisis,” says Niklas Hagelberg, the UNEP’s Climate Change Coordinator. “The climate emergency urges us to find new ways to expand and accelerate the rising tide of public support for climate action, especially in an increasingly fragmented media and content landscape. By reaching a mainstream audience of 30 million people through this one-country pilot alone, we see huge potential in this partnership’s capacity to ensure UNEP’s message of the importance and opportunities of climate action reaches many more people worldwide. We’re very grateful to our partner Blue Life, and their implementing partners who have worked tirelessly to bring this to life.”

While there are now high levels of awareness of climate change, there remains confusion and misinformation about what actions are necessary and wide misapprehension that climate action will have a negative impact on peoples’ lives.

Paid advertising media space offers the thoughtful targeting necessary to efficiently reach mainstream audiences and address these misconceptions. However, paid media space is usually prohibitively expensive. To solve this, at the core of the partnership’s concept is the idea that as media space is bought and sold, instead of creating profits margins with each trade, could some of the space be retained for climate positive messages, and therefore transform UNEP’s ability to reach widespread mainstream audiences with climate positive messages.  

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Group wants Parliament, courts to hold social media to same standard as publishers – The Battlefords News-Optimist

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TORONTO — Friends of Canadian Broadcasting is calling on Parliament to restrain social media platforms from distributing harmful or hateful content by applying the same laws that publishers and broadcasters already face.

The lobby group’s executive director says courts should be penalizing social media platforms that knowingly spread harmful content.

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Daniel Bernhard made the comments shortly after Friends of Canadian Broadcasting released a research paper that argues social media platforms aren’t passive or neutral when it comes to content distribution.

The report says platforms like Facebook and YouTube routinely exercise editorial control by promoting content that users have never asked to see or sometimes conceal content without consulting users.

The report says traditional publishers can be held partly liable under Canadian law for harmful content but the same standard hasn’t been applied to internet platforms.

The report was released as members of Parliament return to Ottawa this week and the Trudeau government prepares to lay out its plans for the coming session.

Among other things, Bernhard said that social media tell regulators and advertisers that they have very detailed knowledge of what’s being posted on their platforms and exercise control over what is made available to the public.

“(Facebook CEO) Mark Zuckerberg has claimed under oath that Facebook takes down 99 per cent of terrorist content before a human user ever sees it (and) 89 per cent of hate speech supposedly comes down before a human ever sees it,” Bernhard said.

He said that means Facebook in particular, and social media in general, should have the same responsibility to abide by Canadian laws as conventional publishers and broadcasters.

“If a judge finds that the content is illegal and that a platform has amplified it, the platform should be held responsible. And not only that, but that the penalty should be commensurate to their revenue and size so it hurts accordingly,” Bernhard said.

Facebook has said internet platforms are recognized as intermediaries, not publishers, under the U.S.-Mexico-Canada free trade agreement.

But Zuckerberg has also said Facebook has a responsibility to keep people safe and suggested new regulations could provide a standardized approach.

“These are complex issues and we are always open to discussing these important topics with the government,” a Facebook statement said Monday.

This report by The Canadian Press was first published Sept. 21, 2020.

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Pegatron plans to invest $1 billion in Vietnam plant: state media – TheChronicleHerald.ca

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HANOI (Reuters) – Taiwan’s Pegatron 4938.TW> is seeking to invest $1 billion in three phases in production facilities in areas such as computing, communication and consumer electronics in Vietnam, state-media reported on Tuesday.

Pegatron, which is a manufacturing partner of Apple , Microsoft and Sony 6758.T>, had received licenses to initially invest $19 million in the city of Haiphong, the Hanoitimes and Tuoi Tre newspapers reported, citing a report by the Ministry of Planning and Investment.

Pegatron was also seeking licences for a $481-million second phase and $500 million in 2026-2027, the papers said, adding these were expected to create 22,500 jobs and contribute around 100 billion dong ($4.31 million) to the state budget per year.

Reuters was unable to obtain a copy of the report and calls to the ministry were not answered.

Pegatron did not immediately respond to a request for comment.

Under the plans, Pegatron would join Apple’s two other iPhone assemblers, Wistron Corp 3231.TW> and Foxconn 2317.TW>, in developing more capacity in Vietnam.

Apple has been producing its wireless earbuds AirPods Pro in Vietnam since May.

Su Chih-Yen, acting director of the Investment Commission of Taiwan’s Economics Ministry, told Reuters it had not yet approved such an investment, but declined to comment on whether they had received an application.

In a bid to skirt U.S. tariffs on Chinese goods, Taiwanese companies have been particularly active in either moving production back home or elsewhere in Asia.

Another Taiwanese company, Universal Global Technology, which produces smartphone and earbuds parts for Lenovo 0992.HK> and Sony, was also looking to set up a plant in Vietnam, Hanoitimes cited the report as saying.

ASE Technology Holding, parent company of Universal Global Technology, did not immediately respond to an emailed request for comment.

(Reporting by Phuong Nguyen; Additional reporting by Khanh Vu and Jeanny Kao in Taipei; Editing by Ed Davies)

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