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Macintosh News => iPhone/iPod/iPad News => Topic started by: HCK on July 06, 2023, 04:05:08 pm



Title: Plex hit with layoffs as ad-supported streaming service fails to deliver profits for media server company
Post by: HCK on July 06, 2023, 04:05:08 pm
Plex hit with layoffs as ad-supported streaming service fails to deliver profits for media server company

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<p>It’s been a tough week at Plex where the company has decided to let go of 20% of its workforce. Plex CEO Keith Valory blamed an unpredictable advertising market for the need to downsize.</p>
<p> <a href="https://9to5mac.com/2023/06/29/plex-layoffs/#more-893978" data-post-id="893978" data-layer-pagetype="post" data-layer-postcategory="plex" data-layer-viewtype="unknown" class="more-link">more…[/url]</p>
<p>The post <a rel="nofollow" href="https://9to5mac.com/2023/06/29/plex-layoffs/">Plex hit with layoffs as ad-supported streaming service fails to deliver profits for media server company[/url] appeared first on <a rel="nofollow" href="https://9to5mac.com">9to5Mac[/url].</p>

Source: Plex hit with layoffs as ad-supported streaming service fails to deliver profits for media server company (https://9to5mac.com/2023/06/29/plex-layoffs/)