Daily Mail owner posts revenue rise amid Rothermere takeover bid July 22, 2021 The owner of the Daily Mail has reported a sharp rise in revenue in its latest quarter as it gears up for a potential take-private bid by Lord Rothermere. Daily Mail and General Trust (DMGT) said its group revenue grew by a quarter in the three months to the end of June. This was driven [...]
Far from over: Disgraced Hollywood giant Harvey Weinstein faces more rape charges July 21, 2021 Former Hollywood producer Harvey Weinstein was extradited from New York to Los Angeles on Tuesday to face trial on rape and sexual assault charges. Watch the full report.
Covid lockdowns cost UK creative industries £12bn July 21, 2021 Repeated coronavirus lockdowns have cost the UK’s creative industries an estimated £12bn and more than 110,000 jobs, new figures have revealed. Data released today by Oxford Economics showed businesses in the creative sector generated around £104bn in gross value added value in 2020, down from £116bn the previous year. This was also well below the [...]
Media freedom: Hong Kong police arrest ex-editor of squashed Apple Daily July 21, 2021 Hong Kong police have detained two former senior staff of stifled pro-democracy newspaper Apple Daily, just hours after they arrested the paper’s former executive editor-in-chief. Apple Daily’s former deputy chief editor Chan Pui-Man and managing editor Fung Wai-Kong were arrested for a second time, according to local media reports. The pair had already been arrested [...]
Outdoor Cooking and Psycho By The Sea boost Bloomsbury book sales July 21, 2021 Tom Kerridge’s Outdoor Cooking and Psycho By The Sea by Lynne Truss have boosted the sales Bloomsbury books, putting the company on track to hit market expectations. In the four months ending June 30, sales of children’s books soared by nearly a third to £24.8m. Nearly 15 years since the last book was released, JK [...]
Netflix plots move into video games as subscriber growth slows July 21, 2021 Netflix last night confirmed plans to move into video games after the streaming giant suffered a sharp slowdown in new subscriber growth. The streaming giant added 1.54 million subscribers over the last quarter, below analyst forecasts and a significant fall from its 2020 boom. In the same quarter last year, at the peak of the [...]
Media group Future shares jump as it hikes profit forecasts July 21, 2021 Shares in Future pushed higher this morning after the magazine publisher said it expected its full-year profit to be “materially” ahead of market expectations. The media group, which owns titles such as Country Life, Four Four Two and Tech Radar, today said it had continued to perform strongly in the second half despite challenges posed [...]
Channel 4 chair hits back at ‘very harmful’ privatisation plans July 20, 2021 Channel 4’s chairman has hit back at the government’s plans to privatise the broadcaster, saying such a step would be “very harmful” to viewers and risk thousands of jobs. Last month it emerged that the government is preparing a consultation into the privatisation of the broadcaster. But in a letter to culture secretary Oliver Dowden, [...]
Scam at first sight: Criminals target dating websites to promote bogus investments July 20, 2021 More than £15m has been lost to criminals offering bogus investment opportunities on dating platforms this year, according to new data shared with City A.M. this afternoon. The average loss per victim is £15,936, with a total of £15,665,332 lost so far this year, the UK’s reporting centre for fraud and cyber crime – Action [...]
BBC Three relaunch faces delay as Ofcom opens competition probe July 20, 2021 The BBC’s plans to relaunch BBC Three as a traditional TV channel have been put in doubt after Ofcom said it would launch a full competition investigation into the proposal. Earlier this year the public service broadcaster said BBC Three would return to screens six years after it was made online-only as part of a [...]