Talk:GoDigital Media Group

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Business Units

Hi. My name is Matthew Metlov and I work for GoDigital Media Group. The current page has a section called "Business Units" that has an out-dated list of businesses and is partially uncited/poorly-cited. Also, the businesses it's listing are subsidiaries, not divisions of the same company as inferred by the "Business Units" language. I'd like to propose replacing that section with the below draft, which is more complete, updated, cited, and adds a few sentences summarizing what the company does. Thank you in advance for taking a look!

Wikicode of proposed draft Subsidiaries section

==Subsidiaries== GoDigital Media Group is a conglomerate that operates a variety of different businesses.<ref name="Sherman 2023 p353">{{cite web | last=Sherman | first=Alex | title=Meet GoDigital, the happiness-obsessed company that wants to buy Vice Media | website=CNBC | date=June 16, 2023 | url=https://www.cnbc.com/2023/06/16/godigital-wants-to-buy-vice-media.html | access-date=December 23, 2023}}</ref> GoDigital Media Group states, the company is focused on "an ecosystem of content, community and commerce."<ref name="p353">{{cite web | last=Sherman | first=Alex | title=Meet GoDigital, the happiness-obsessed company that wants to buy Vice Media | website=CNBC | date=June 16, 2023 | url=https://www.cnbc.com/2023/06/16/godigital-wants-to-buy-vice-media.html | access-date=June 13, 2024}}</ref> It develops digital content through Mitú (targeting [[LatinX]] audiences in the U.S.), YogaWorks (developing Yoga classes with music), and VidaPrimo (a network of YouTube channels targeting hispanic audiences).<ref name=":1">{{Cite web |date=2022-04-19 |title=Cinq Music raises $100m from parent GoDigital to buy music rights, expand internationally |url=https://www.musicbusinessworldwide.com/cinq-music-raises-100m-from-parent-godigital-to-buy-music-rights-expand-internationally/ |access-date=2022-06-26 |website=Music Business Worldwide|first=Tim|last=Ingham }}</ref> It licenses and distributes content through Cinq Music.<ref name=":1" /> It provides financing to artists through Sound Royalties and enforces licensing rights on YouTube through AdShare.<ref name=":1" /> It also owns two retail businesses, Eastern Mountain Sports and Bob's Stores. However, a majority of GDMG's revenues are related to music rights.<ref name="Sherman 2023 p353" /> GoDigital Media Group's subsidiaries include: * '''[[GoDigital|GoDigital]]''' gets a majority of its revenues from purchasing and licensing digital content.<ref name="Los Angeles Business Journal 2018 t626"/> It also facilitates distribution deals with streaming services like [[Netflix]] or [[Hulu]], on behalf of content creators.<ref name="Los Angeles Business Journal 2018 t626"/> It develops and markets software that distributes digital multimedia content, tracks where it's been used, and translates the content for international markets.<ref name="Los Angeles Business Journal 2018 t626">{{cite web | title=Digital Domain: GoDigital Media Tracks Where Web Content Used | website=Los Angeles Business Journal | date=November 22, 2018 | url=https://labusinessjournal.com/media/digital-domain/ | access-date=December 23, 2023|first=Matthew|last=Blake}}</ref> * '''[[Cinq|Cinq Music Group]]''' is a music rights, distribution, and label business focused on Latin and indie music.<ref name="Tencer 2023 j683">{{cite web | last=Tencer | first=Daniel | title=Cinq Music invests in Street Mob Records, fortifying its position in regional Mexican genre | website=Music Business Worldwide | date=June 21, 2023 | url=https://www.musicbusinessworldwide.com/cinq-music-invests-street-mob-records-fortifying-its-position-in-regional-mexican-genre/ | access-date=December 23, 2023}}</ref><ref name="Tubefilter 2020 d020"/> As of 2022, it licenses about 47,000 recordings.<ref name=":1" /> * '''AdShare''' is a digital rights business<ref name="Tubefilter 2020 d020"/> that finds copyrighted audio content being used in third-party YouTube videos without permission.<ref name="Los Angeles Business Journal 2015 x502">{{cite web | title=Adshare Buys Latin Music YouTube Network | website=Los Angeles Business Journal | date=July 14, 2015 | url=https://labusinessjournal.com/technology/adshare-buys-latin-music-youtube-network/ | access-date=December 24, 2023|first=Garrett|last=Reim}}</ref> * '''Sound Royalties''' provides financing to artists in exchange for royalties.<ref name="Ingham 2021 a235">{{cite web | last=Ingham | first=Tim | title=Cinq Music parent GoDigital acquires Sound Royalties in ‘high eight-figure’ deal | website=Music Business Worldwide | date=September 13, 2021 | url=https://www.musicbusinessworldwide.com/cinq-music-parent-godigital-acquires-music-finance-company-sound-royalties-in-high-eight-figure-deal/ | access-date=December 23, 2023}}</ref> '''Networks:''' * '''Latido Music''' creates multimedia content targeting [[Millennials|millennial]] and Gen Z audiences.<ref name="Tubefilter 2020 d020"/> * '''[[Mitú (entertainment)|NGL-mitú]]''' creates digital content intended for the Latino demographic.<ref name="Lee 2022 i743">{{cite web | last=Lee | first=Wendy | title=John Leguizamo has a plan to grow the Latinx presence in entertainment | website=Los Angeles Times | date=August 1, 2022 | url=https://www.latimes.com/entertainment-arts/business/story/2022-08-01/lat-et-ct-digital-media-john-leguizamo-mitu-ngl-collective | access-date=December 23, 2023}}</ref> For example, it creates stories, programs, and documentaries on food and lifestyle topics, as well as branded content.<ref name="Lee 2022 i743" /> * '''[[YogaWorks]]''' is an online yoga service.<ref name="Sherman 2023 p353"/> '''Commerce''': * '''GoDigital Brands''' is the subsidiary that manages GoDigital's commerce brands.<ref>{{cite web | website=GoDigital Media Group | date=April 1, 2021 | url=https://godigitalmg.com/ | title=Home Page|access-date=December 23, 2023}}</ref> * '''[[Bob's Stores]]''' is a retail clothing chain.<ref name="Ryan t944">{{cite web | last=Ryan | first=Thomas J. | title=EXEC: EMS and Bob’s Stores Look to Reignite Growth | website=SGB Media Online | url=https://sgbonline.com/exec-ems-and-bobs-stores-look-to-reignite-growth/ | access-date=December 23, 2023}}</ref> * '''[[Eastern Mountain Sports]]''' is a retail chain for outdoor clothes, equipment, and classes.<ref name="Ryan t944" /> * '''ContentBridge''' is a supply chain software company.<ref name="Tubefilter 2020 d020">{{cite web | title=Mitú Acquired By Fellow LatinX Digital Media Purveyor Latido Networks | website=Tubefilter | date=February 21, 2020 | url=https://www.tubefilter.com/2020/02/21/mitu-acquired-by-latido-networks/ | access-date=December 23, 2023|first=Geoff|last=Weiss}}</ref>

Preview of proposed draft Subsidiaries section

Subsidiaries

GoDigital Media Group is a conglomerate that operates a variety of different businesses.[1] GoDigital Media Group states, the company is focused on "an ecosystem of content, community and commerce."[2] It develops digital content through Mitú (targeting LatinX audiences in the U.S.), YogaWorks (developing Yoga classes with music), and VidaPrimo (a network of YouTube channels targeting hispanic audiences).[3] It licenses and distributes content through Cinq Music.[3] It provides financing to artists through Sound Royalties and enforces licensing rights on YouTube through AdShare.[3] It also owns two retail businesses, Eastern Mountain Sports and Bob's Stores. However, a majority of GDMG's revenues are related to music rights.[1] GoDigital Media Group's subsidiaries include:

  • GoDigital gets a majority of its revenues from purchasing and licensing digital content.[4] It also facilitates distribution deals with streaming services like Netflix or Hulu, on behalf of content creators.[4] It develops and markets software that distributes digital multimedia content, tracks where it's been used, and translates the content for international markets.[4]
  • Cinq Music Group is a music rights, distribution, and label business focused on Latin and indie music.[5][6] As of 2022, it licenses about 47,000 recordings.[3]
  • AdShare is a digital rights business[6] that finds copyrighted audio content being used in third-party YouTube videos without permission.[7]
  • Sound Royalties provides financing to artists in exchange for royalties.[8]

Networks:

  • Latido Music creates multimedia content targeting millennial and Gen Z audiences.[6]
  • NGL-mitú creates digital content intended for the Latino demographic.[9] For example, it creates stories, programs, and documentaries on food and lifestyle topics, as well as branded content.[9]

Commerce:

  • GoDigital Brands is the subsidiary that manages GoDigital's commerce brands.[10]
  • ContentBridge is a supply chain software company.[6]

References

  1. ^ a b c Sherman, Alex (June 16, 2023). "Meet GoDigital, the happiness-obsessed company that wants to buy Vice Media". CNBC. Retrieved December 23, 2023.
  2. ^ Sherman, Alex (June 16, 2023). "Meet GoDigital, the happiness-obsessed company that wants to buy Vice Media". CNBC. Retrieved June 13, 2024.
  3. ^ a b c d Ingham, Tim (2022-04-19). "Cinq Music raises $100m from parent GoDigital to buy music rights, expand internationally". Music Business Worldwide. Retrieved 2022-06-26.
  4. ^ a b c Blake, Matthew (November 22, 2018). "Digital Domain: GoDigital Media Tracks Where Web Content Used". Los Angeles Business Journal. Retrieved December 23, 2023.
  5. ^ Tencer, Daniel (June 21, 2023). "Cinq Music invests in Street Mob Records, fortifying its position in regional Mexican genre". Music Business Worldwide. Retrieved December 23, 2023.
  6. ^ a b c d Weiss, Geoff (February 21, 2020). "Mitú Acquired By Fellow LatinX Digital Media Purveyor Latido Networks". Tubefilter. Retrieved December 23, 2023.
  7. ^ Reim, Garrett (July 14, 2015). "Adshare Buys Latin Music YouTube Network". Los Angeles Business Journal. Retrieved December 24, 2023.
  8. ^ Ingham, Tim (September 13, 2021). "Cinq Music parent GoDigital acquires Sound Royalties in 'high eight-figure' deal". Music Business Worldwide. Retrieved December 23, 2023.
  9. ^ a b Lee, Wendy (August 1, 2022). "John Leguizamo has a plan to grow the Latinx presence in entertainment". Los Angeles Times. Retrieved December 23, 2023.
  10. ^ "Home Page". GoDigital Media Group. April 1, 2021. Retrieved December 23, 2023.
  11. ^ a b Ryan, Thomas J. "EXEC: EMS and Bob's Stores Look to Reignite Growth". SGB Media Online. Retrieved December 23, 2023.
Current content the above is intended to replace for reference

Business Units

Divisions include: Music, Video Networks, and Commerce (named GDMG Brands[1]). Business units within divisions are:

Music:

  • AdShare is a social media (primarily YouTube content) monetization service for entertainment industry rights-holders.[2]
  • Cinq Music is a distributor, label and publisher known for its Hip Hop/R&B repertoire from Jason Derulo, T.I., and Janet Jackson as well as Latin repertoire from Anuel, Bad Bunny, Carin Leon, Natanel Can and others.[3][4]
  • Sound Royalties.[5][6]

Networks:

  • Latido Music as a free ad-supported linear Latin music television channel[7]
  • mitu is a Hispanic targeted multi-platform network
  • YogaWorks is an online subscription Yoga network

Commerce:

  • GoDigital Brands is a vertically integrated brand IP management division of GDMG that manages Eastern Mountain Sports, Bob's Stores, and the soon to launch line of fitness clothing, mats, blocks and straps from YogaWorks.

References

  1. ^ "GoDigital Media Group". GoDigital Media Group. Retrieved 2022-05-26.
  2. ^ Huang, Chun-Ting (6 April 2014). "MCL and AdShare Developed Fast Audio Matching Technology". USC. Archived from the original on 26 September 2014. Retrieved 26 September 2014. The joint R&D team has continuously worked on system performance optimization to meet real-time processing requirements. The team also keeps developing a more advanced technique that handles sounds distorted by other methods such as pitch shifts, white noise, and instrument swaps.
  3. ^ "Cinq Music raises another $40m to buy music rights in masters and publishing". Music Business Worldwide. 13 August 2019. Retrieved 14 January 2022.
  4. ^ "DOUG REINART NAMED COO AMERICAS OF GODIGITAL MEDIA GROUP – Cinq Music | More than music". cinqmusic.com. Archived from the original on 14 January 2022. Retrieved 14 January 2022.
  5. ^ Eggertsen, Chris (17 September 2021). "Sound Royalties Acquired by GoDigital, MEP Capital in 'High Eight-Figure' Deal". Billboard. Retrieved 14 January 2022.
  6. ^ "Cinq Music parent GoDigital acquires Sound Royalties in 'high eight-figure' deal". Music Business Worldwide. 13 September 2021. Retrieved 14 January 2022.
  7. ^ Goldfish (2019-06-14). "VidaPrimo Launches Latido Music | Creative Content Wire". Retrieved 2022-05-26.

Matthewjmt (talk) 17:21, 26 June 2024 (UTC)[reply]

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