Andrew Marr signs off BBC politics after over 20 years December 19, 2021 Andrew Marr has signed off from his long-running BBC politics show with a line from his “mentor” – Anchorman character Ron Burgundy.
Daily Mail owner shares collapse over 70 per cent ahead of exiting the London Stock Exchange December 17, 2021 The Daily Mail and General Trust (DMGT) group had its shares collapse by more than 70 per cent today, ahead of delisting from the London Stock Exchange. The sharp drop was triggered by the stock going ‘ex’ its special dividend today, meaning it is trading without the value of the next dividend payment. It comes after [...]
BBC set for further cuts but warned that audience share and licence fee cash will shrink December 17, 2021 The National Audit Office (NAO) has found that the BBC is largely on track to achieve its current savings targets, but it is likely to need to make considerable savings in the coming years, while meeting the challenges of a fall in its audience share and in the number of people buying a licence.
Born to Sell: Springsteen cashes in a record £376m from Sony for music December 17, 2021 Bruce Springsteen reportedly sold his master recordings and publishing rights yesterday for a record $500m (£376m) to Sony Music.
National World shares surge after reassuring investors of sturdy revenue December 16, 2021 Media outlet National World had its shares soared today after it confirmed to investors that its full revenue would likely hit £85m – despite the decline in print. Its trading performance in the second half of the year exceeded the company’s expectations, with its digital presence up around 20 per cent in the year to [...]
Audioboom expects ‘marginally improved’ revenues after rapid podcast growth December 16, 2021 Podcast firm Audioboom said this morning it had continued to experience "strong momentum" into the fourth quarter of 2021, with the company now expecting to generate "significantly increased" adjusted underlying earnings and "marginally improved" revenues.
Channel 4 resist sale after hiring media bankers December 16, 2021 Channel 4 has hired a team of top bankers as the broadcaster weighs up its options for the future.
Rothermere wins battle to take Daily Mail owner private December 16, 2021 The Rothermere family won its latest battle to take the publisher of the Daily Mail and Mail on Sunday private after the owners of 57 per cent of the shares backed their recommended offer.
Bad moove: South Korea’s biggest milk producer pulls ad showing women as cows December 15, 2021 Seoul Milk, South Korea’s biggest milk producer, apologises for portraying women as cattle in its new advert, which has since been removed from Youtube
When clickbait becomes investor bait: LadBible makes strong debut on AIM with £360m market cap December 15, 2021 Digital youth publisher LBG Media, also known as LadBible, started a successful day of trading on the London Stock Exchange's AIM market today, with shares already climbing to 195p by midday.