The political fallout from this development is likely to be far-reaching. With President Yoon Suk-yeol facing imminent arrest, there is a power vacuum at the highest levels of government that could lead to instability and uncertainty. The opposition parties are already calling for his resignation, while supporters of the president are expressing disbelief and disappointment at the turn of events.
It was a busy year for M&A in the creator economy. Startups in influencer marketing, talent management, and podcasting became acquisition targets. Companies also sought to expand globally by acquiring creator startups in new regions. Dozens of merger and acquisition deals were inked between companies across the creator economy in 2024. One of the most impactful sales was Publicis Groupe's purchase of Influential for $500 million , two M&A experts told Business Insider. It signaled that one of the world's largest ad holding companies viewed influencer marketing as a must-have offering. "If influencers are the new gatekeepers and authority within these digital channels, then they're going to command audiences," Chris Erwin, founder of M&A advisory firm RockWater, told BI. "Advertising revenue dollars are going to flow towards them." Goldman Sachs analysts highlighted influencer marketing spending as a primary driver of growth in the creator economy when they valued the industry at $250 billion last year. A few other clear trends emerged this year around deals. Outside influencer marketing, popular acquisition targets included talent-management firms and podcasting tech. There was also a push among non-US firms to build out creator businesses globally through purchases. Business Insider combed through data from PitchBook and Crunchbase and connected with M&A insiders to understand some of the key deals in 2024. Here are 4 takeaways from our analysis: A few noteworthy deals in this category: Marketing firm Stagwell announced in July that it had acquired the influencer-marketing agency Leaders . Canadian talent agency Dulcedo Group acquired the influencer-marketing app Node in July. The creator economy is maturing globally. Several companies made strategic deals across markets like India, Japan, and Australia. Publicis highlighted Influential's global reach in its July announcement around the deal. "Creators really can be global from day one," said Ollie Forsyth, a former senior manager at the investment firm Antler who now writes the newsletter New Economies. He pointed to technologies like AI-powered audio dubbing and video editing tools as paving a new path for creators to easily distribute content to a global audience. A few noteworthy deals in this category: French influencer firm Ykone announced in March it had acquired a majority stake in the Indian influencer-marketing firm Barcode to build a business in the Indian influencer market. Finnish influencer firm Boksi announced in February that it had acquired the German influencer-marketing company the Influencer GmbH to grow its business in Central Europe. Podcasting is a hot category. As platforms like YouTube and Spotify drive listenership (and viewership) of longer content, advertisers are paying close attention. US ad spend for podcasts is expected to hit $2.28 billion this year, a roughly 16% increase from 2023, per EMARKETER's forecast. Meanwhile, M&A deals in the category focused on podcasting tech and IP in 2024. "It's a publisher play of rolling up these popular networks of shows," said James Creech, an M&A advisor through Quartermast Advisors and founder of Creator Economy Jobs . "I think that'll continue because you're likely to see a handful of winners in this space." A few noteworthy deals in this category: Triton Digital said in March it had acquired podcasting ad tech firm Sounder to boost its targeting and brand safety tech. Night announced in April that it had acquired The Roost , a podcast network that includes shows from Theo Von and other popular creators. A few noteworthy deals in this category: Talent-management firm Wasserman announced in September that it had acquired the talent-management agency Long Haul to grow its gaming and sports creator business. Influencer marketing and creator talent company Whalar announced in October it had acquired the influencer-management firm Sixteenth. Looking ahead to 2025 Both Erwin and Creech are expecting the next year to be fruitful for creator-economy companies. "We're going to see more activity next year," Creech said. One area the two M&A advisors are watching closely is whether consumer packaged goods (CPG) companies will continue to shop for creator-owned businesses, such as Hershey buying creator Maxx Chewning's Sour Strips brand in 2024. Companies that successfully raised new funding in 2024 may also signal where M&A activity is heading next in the industry. Creator startups with unique offerings in artificial intelligence, newsletter tech, influencer marketing, and e-commerce all drew in investor dollars in the past year. Among the big rounds were creator-marketing platform Agentio, newsletter app Beehiiv, social-shopping app Flip, and AI firm ElevenLabs. Startups flush with funding could become acquirers in 2025. "If you are looking to sell or to raise capital now, it's a good time to do it," Erwin said.Tech Giant at a Crossroads. Can Nvidia Navigate Global Challenges?
In conclusion, the partnership between Ricoh China, PConline, and Lock Park to launch the "Chase Green Movement" represents a significant step forward in the evolution of hybrid workspaces. By combining their expertise and resources, these organizations are paving the way for a more sustainable and socially responsible future of work.N'DJAMENA - Chad voted in a general election on Sunday that the government had hailed as a key step towards ending military rule, but that was marked by low turnout and the opposition's call for a boycott amid allegations of fraud. Voting in the landlocked country in Africa's northern half had taken place against a backdrop of recurring attacks by the jihadist group Boko Haram in the Lake Chad region, the ending of a military accord with former colonial master France, and accusations that Chad was interfering in the conflict ravaging neighbouring Sudan. The government has presented the elections as the final stage in the transition to democracy. President Mahamat Idriss Deby Itno took power in 2021 after the death of his father, who had ruled the Sahel country for three decades. The opposition had called for a boycott of the election, saying the results had been decided in advance. After polling stations closed, turnout stood at 52.37 percent, according to the ANGE national election management agency. In the capital N'Djamena, the opposition cried foul, saying numerous irregularities occurred the day before in some precincts, when soldiers had cast their ballots in line with tradition that sees the military, police and nomads vote a day before the general population. "The soldiers who came to vote yesterday (were) without a voter card or national identity card. The same person could vote twenty-five or fifty times," said Abdelaziz Koulamallah, a candidate for a local seat with the Federal Party for Justice and Development (PFJD), in a video posted on his Facebook account. Election officials in the upmarket district where the president's family and ruling dignitaries live earlier put the low turnout to "cold weather". But the opposition said the low numbers were due to its call for a boycott. They "have all stayed at home following our call. That is, the overwhelming majority" have, Succes Masra, leader of the opposition Transformers party, told AFP. The boycott leaves the field open for candidates aligned with the president, who was brought to power by the military in 2021 and then legitimised in a presidential election in May that opposition candidates denounced as fraudulent. "I urge all my compatriots on the electoral roll to come out and vote en masse," Deby posted on Facebook, alongside photos of himself casting his ballot on what he called a "historic day". - 'Pointless' - On Saturday, Masra had said: "The fabricated results are already in the computers." Herve Natouingan, 28, a construction worker turned motorbike taxi driver due to a lack of job prospects, said it was "pointless" to cast a ballot because "there's no real voting in Chad". Patrice Lumumba Deoumoundou, an unemployed 39-year-old, told AFP he had voted on Sunday morning in the hope of "change across the board" -- more jobs, fewer price rises, "more justice" and "more equality". Chad's election management agency said there had been "record" turnout during the early voting on Saturday, with more than 72 percent in the army and 54 percent among nomads. "There is a lot at stake locally in these elections," it said. "The nomads came to ask the people who will be elected tomorrow to improve their living conditions," said sheikh Djibrine Hassabakarim, one of the community's representatives. He said climate change had made life hard for his community, killing livestock, triggering clashes with sedentary farmers and making it hard for them to feed their families. - Transition to democracy - Polling stations were monitored by around 100 foreign election observers and representatives of political parties. On Saturday evening, the opposition Democratic Party of the Chadian People (PDPT) said more than a thousand ballots intended for the sub-prefecture of Bongor had disappeared. It called for "vigilance" to "thwart the fraud networks" it said had been set up by the ruling MPS party. The information contained in the article posted represents the views and opinions of the author and does not necessarily represent the views or opinions of eNCA.com.