Donald Trump is wrong: AI is NOT a threat to speechwriting Life&Style “He goes click, click, click, and like 15 seconds later he shows me my speech, written so beautifully.” This is Donald Trump on Logan Paul’s podcast, describing his first encounter with ChatGPT. “I’ve never seen anything like it. And so quickly… It’s a little bit scary… So one industry I think that will be gone [...]
S4 Capital: Revenue down and debt up at Sir Martin Sorrell’s ad giant Media Sir Martin Sorrell’s S4 Capital’s post-pandemic struggles have carried through into its latest results, which revealed a sharp decline in revenue and ballooning debt. The London-listed media holding group, which ad guru Sorrell founded after a sudden exit from WPP in 2018, saw its net revenue reduce by 15.6 per cent from £445.5m to £375.1m [...]
UKTV Player helps boost viewers at BBC-owned TV giant ahead of U rebrand Media The BBC-owned company behind TV channels such as Dave is to invest more in its UKTV Player after its viewership jumped by more than 40m during its latest financial year. UKTV, whose channels also include Gold, W, Alibi, Drama, Yesterday and Eden, saw its monetisable views surge from 114m to 160m in the 12 months [...]
The fight for B Corp’s soul August 6, 2024 Last month, the French media giant Havas was stripped of its B Corp certifications after signing a global media buying contract with Shell. Ali Lyon explores what the decision means for the industry
Talktalk debt crisis worsens as Macquarie deal stalls August 4, 2024 Talktalk's crunch negotiations with private equity giant Macquarie over a mooted £450m deal for its wholesale division have stalled, according to reports, as the embattled telecoms provider races to refinance a billion pounds of credit.
Sir Paul Marshall: Hedge fund owner and GB News shareholder poised to snap up The Spectator August 1, 2024 The hedge fund magnate and GB News shareholder Sir Paul Marshall is is close to securing a deal to buy The Spectator, one of Britain’s top political magazines. According to Sky News, Sir Paul, co-founder of Marshall Wace, is the leading bidder for The Spectator, which is being auctioned alongside the Daily and Sunday Telegraph [...]
Reach: Profit picks up at Mirror publisher despite falling revenue July 31, 2024 The Euros and "effective" action on costs helped Reach successfully to shore up its bottom line despite continued dents to revenue due to falling circulations and changes to Meta's algorithm.
ITV snaps up majority stake in studio behind Sherlock and Men Behaving Badly July 25, 2024 ITV has snapped up a majority stake in the TV production company behind smash hit shows including Sherlock, Men Behaving Badly and Amazon Prime's The Devil's Hour.
Everyman: Media group sees revenue growth despite actors’ strike as more Brits head to luxury cinema July 25, 2024 Everyman Media reported impressive growth in the first half of the year - despite fewer offerings due to the actors' strike - with customers still happy to splash out on the premium cinema.
Big-ticket ad campaigns are back as UK economy brightens July 18, 2024 Big-ticket advertising campaigns, including those on television and radio, are making a comeback as the UK's economy continues to improve.