Youth Media And Marketing Movers & Shakers

Today we bring you another installment of Youth Media Movers and Shakers. We’ve culled through industry publications looking for the recent executive placements we think you should know about. If you have executive news that you want us to highlight in our next “Movers and Shakers,” email us.

Rich Ross resigns as Chairman of Walt Disney Studios, leaving behind a legacy of “film flops” and questions about the studio’s future. (Via LA Times)

Cecile Frot-Coutaz is named CEO for FremantleMedia; she is currently CEO, FremantleMedia North America. Her appointment was announced simultaneously with the news that current CEO, Tony Cohen, is stepping down from that position to focus on his non-executive work. (Via Hollywood Reporter)

Disney Publishing Worldwide makes two appointments: Darrell DeMakes is named Senior Producer, Digital; he had been Senior Manager at Nokia. Michele Wells has been named Senior Editor, Digital; she had been senior editor at DK Publishing. (Via Mediabistro, reg required)

Tom Ascheim is named to the newly created position of Chief Strategy Officer and EVP/Sesame Learning at Sesame Workshop. Most recently, Ascheim was the CEO of Newsweek, and he previously ran Nickelodeon’s TV group, overseeing Nickelodeon, Nick at Nite, Nick Jr., Noggin (now Nick Jr. channel), Nicktoons and The N (TeenNick). (Via Cynopsis)

Jennifer LaBracio has joined Little, Brown Books for Young Readers as Associate Director of Marketing. She was most recently Senior Marketing Manager at Houghton Mifflin Harcourt Children’s. (Via Publishers Marketplace)

Condé Nast Entertainment announces two hires: Jeremy Steckler becomes EVP of Motion Pictures and Michael Klein becomes EVP of alternative programming. (Via MediaPost)

Jamie Engel has been named VP and Publisher at Scholastic Parent &…

 
 

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Millennial News Feed

Quote of the Day: “I participated in Bikram Yoga, because I found a few YouTube tutorials on it.” –Female, 24, MN

Being featured in the (racy) lyrics of Beyoncé’s hit single “Formation” has caused Red Lobster’s sales to spike 33%. But a wave of frustration hit Twitter after the brand took too long to respond to the song, and failed to live up to expectations. One user advised,“Yo @redlobster, all you have to do is NOT f*** up. Just give the Twitter over to your highest ranking Black person under 33. Trust me.” But after eight hours Red Lobster tweeted an underwhelming: "Cheddar Bey Biscuits" has a nice ring to it,don't you think? #Formation @Beyonce.” The indecent highlights what young consumers expect from brands on social media. (MediaPostBuzzFeed)

The newly funded Stash investment app is hoping to “break down the barriers that prevent nearly three quarters of Millennials from investing.” To appeal to the risk-averse generation, the app allows users to invest as little as $5, and describes investments in easy theme-like terms, like “Clean and Green.” For the founders it’s all about setting up users for the long-term: “By lowering the minimum level of investment, enabling Millennials to invest in broad themes that they care about, and guiding them along the path toward building smart lifelong investment habits, Stash has the potential to empower an entire generation to reach their financial goals.” (Business Wire)

Fit has gone glam for Millennials—and not just in the U.S. Young Chinese women are embracing working out, and shifting traditional beauty ideals. In a 2003 survey, 1,000 working females cited an ideal body to be "an almost-emaciated, willowy physique," but social media and celebrity influence, as well as more awareness to physical health, are making strength the new goal. Women sharing their fitness journeys are becoming major influencers and creating new personal brands, and the fitness industry in China has grown 13% yearly since 2010. (Refinery29)

ESports—multi-player competitive video gaming—is expected to generate $463 million in ticket sales, merchandise, sponsorships, and advertising for 2016, and networks want a piece of the action. But can it translate to TV? TBS is premiering E-League, a 10-week eSports competition series that will stand as a true test on whether the phenomenon can “find the right balance between achieving scale and retaining its core audience of digitally forward young men.” Critics have good reason to be skeptical: ESPN2’s airing of an eSports college competition perplexed viewers, frustrated broadcasters, and scored a 0.1 Nielsen rating. (Adweek

British director Anthony Wilcox’s new action-packed thriller,Shield 5, is captivating audiences—the Instagram audience that is. The series, which currently has 30,000 followers, is being called “social cinema,” and each episode is the length of an Instagram video: just 15-seconds. Wilcox’s love for fast-turnaround projects and very low budget is what ultimately inspired him to choose the platform. There was also the potential to go viral: "If you’ve got the opportunity to show your work to a much, much bigger audience…all around the world, it might be worth trying it." (Fast Company

Quote of the Day: “I share my selfies by making it my profile picture.” —Female, 23, IL

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