Firms called on to ban social media influencers promoting nicotine products November 8, 2021 A coalition of over 100 global health and anti-smoking groups have called for companies to stop social media influencers promoting nicotine products, according to reports. Following a swathe of endorsements by social media influencers of a type of flavoured nicotine pouch, produced by British American Tobacco (BAT), the group wrote a letter to the chief [...]
Channel 4 privatisation plans delayed amid growing backlash November 7, 2021 The proposed sale of Channel 4 has met delays after the new culture secretary Nadine Dorries was inundated by a spate of opposition against the move, according to reports. Around 60,000 submissions related to the sale of Channel 4, which is state-owned but independently funded through advertising revenue, were sent to the government, according to [...]
LadBible doubles profits with digital ad growth November 7, 2021 The LadBible Group has had a record year, doubling profits to £4.1m on record sales of £30.2m ahead of a possible £400m flotation.
Ministers mull two-year BBC licence fee freeze November 7, 2021 Ministers are weighing up freezing the BBC licence fee at £159 for up to two years as the cost of living soars. With households facing increasing energy, fuel and food prices, ministers and the BBC are in talks over freezing the fee, according to the Sunday Telegraph. Insiders told the newspaper that talks between the [...]
Rothermere passes final hurdle to taking Daily Mail private November 3, 2021 Daily Mail and General Trust (DMGT) and the Rothermeres have agreed a recommended cash offer worth 255p, along with a special dividend worth 991p a share. The Rothermere family announced in the summer that it was considering an £810m bid to take the group private, giving chairman Lord Rothermere full control of DMGT. This proposal [...]
TikTok owner ByteDance on the hunt for new chairman after founder steps down November 3, 2021 The founder of Bytedance, which owns Tiktok, has stepped down from his role as chairman amid major organisational shifts at the tech giant, according to reports. Chinese billionaire and entrepreneur Zhang Yiming founded Bytedance in 2021 alongside college roommate Liang Rubo, the new Bytedance CEO who took up the role earlier this year after Yiming [...]
LandSec buys up stake in home of BBC Breakfast for £425m November 3, 2021 UK commercial landlord Land Securities said this morning it had bought a 75 per cent stake in MediaCity, a media and tech hub at Salford in Greater Manchester, for £425.6m. MediaCity was a 50:50 joint venture between Legal & General and Peel L&P, and the latter will now retain a 25 per cent stake and [...]
Reuters raises 2021 revenue forecast once again November 2, 2021 Thomson Reuters Corp raised its 2021 revenue forecast for the third time this year as the news and information company benefits from a recovering global economy.
Which City is it again? CNN reporter appears to confuse Edinburgh with Glasgow in COP26 tweet November 1, 2021 CNN reporter, Wolf Isaac Blitzer, has been criticised on social media for posting a tweet about COP26 in Edinburgh when the conference is being hosted in Glasgow, Scotland.
Causing ‘psychological harm’ to be added to the Online Safety Bill November 1, 2021 Online abusers could face two years in prison for sending messages or posting content that causes psychological harm under the new parliamentary bill.