Marketplace®

Daily business news and economic stories
Nov 3, 2014

Marketplace for Monday November 3, 2014

Janet Yellen meets with President Obama today to discuss the economy. In her first year she’s offered actions and comments that suggest her ideas of how her version of the economy should look. Plus, the world’s third-largest ad agency, Publicis, looks set to buy a US based digital ad specialist Sapient. Will this deal help the advertising giant keep up with its digital competitors and stay relevant in a changing advertising industry? Finally, Taylor Swift has pulled her music from the streaming service Spotify. We look at the narrow business model that streaming services like Spotify have, how small the payments to artists are and how dependent Spotify and others are on their content.  

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Janet Yellen meets with President Obama today to discuss the economy. In her first year she’s offered actions and comments that suggest her ideas of how her version of the economy should look. Plus, the world’s third-largest ad agency, Publicis, looks set to buy a US based digital ad specialist Sapient. Will this deal help the advertising giant keep up with its digital competitors and stay relevant in a changing advertising industry? Finally, Taylor Swift has pulled her music from the streaming service Spotify. We look at the narrow business model that streaming services like Spotify have, how small the payments to artists are and how dependent Spotify and others are on their content.

 

Marketplace for Monday November 3, 2014