Hearst CEO to Staff: There’s a Difficult Year Ahead Despite “Record” Revenue in 2024
THR, Esq. 2025-02-18
Summary:
Steve Swartz says that Hearst had $13 billion in revenue in 2024 thanks to political advertising, but adds that a tough ad market and cord-cutting is "significantly impacting" A+E Networks. Hearst is also seeing "significant productivity gains" with generative AI software.