• WarnerMedia's new ad-sales head is forming his leadership team. Here are his top deputies and some of the open roles he's looking to fill

    1 day ago - By Business Insider

    Summary List Placement WarnerMedia's new ad-sales boss, JP Colaco, will make his first big pitch to the advertising industry during its overall Upfront event on May 19.
    Colaco is a seasoned exec who has worked at Apple and Hulu. He was hired in October to head up WarnerMedia's US-based ad-sales team that handles TV channels like CNN and TNT, the forthcoming ad-supported version of HBO Max, and more.
    The legacy-media company's ad-sales leadership had been in flux since 2019, when former ad-sales chief and Turner veteran Donna Speciale departed and was followed by some of her...
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  • A new wave of drug startups with big portfolios and precarious valuations has burst onto the scene. Welcome to the era of 'mega biotechs.'

    A new wave of drug startups with big portfolios and precarious valuations has burst onto the scene. Welcome to the era of 'mega biotechs.'

    1 day ago - By Business Insider

    Summary List Placement To understand the hottest new trend in biotech, take a look at the firm Centessa Pharmaceuticals.
    Centessa was formed just seven months ago by the life-sciences venture-capital firm Medicxi, which fused together 11 startups.
    These startups likely would have been harder to finance as independent entities, said Perceptive Advisors' Chris Garabedian and another venture capitalist who was not authorized to speak to the media (Neither had inside knowledge of the deal, and both said their assessment was based on their experience as biotech VCs). Medicxi likely wanted to...
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