Screenshot: Have the streaming wars just gone nuclear? May 21, 2021 This week **Media Moment of the Week: That’ll do, you donkeys **Have the streaming wars just gone nuclear? **Can London close the tech gap on Silicon Valley? Media Moment of the Week: That’ll do, you donkeys Shrek turned 20 this week. Ah lovely, an innocent reminder of youth, I bet you’re thinking. Wrong. It’s actually [...]
Snap launches new video editing app in bid to take in Tiktok May 20, 2021 Snap today unveiled plans for a new standalone app offering professional levels of video editing as it looks to challenge the dominance of rivals Tiktok and Instagram. The US tech firm, which owns Snapchat, said Story Studio will give social media stars powerful editing tools to make professional content for mobile. It will also introduce [...]
BBC ‘covered up’ failings over Martin Bashir’s bombshell Diana interview May 20, 2021 The BBC has been blasted over its handling of a 1995 interview of Diana after reporter Martin Bashir used “deceit” to gain access to the Princess of Wales. A damning report into the incident, published today, concluded that the broadcaster had covered up the tactics used by the journalist to secure the interview. It said [...]
LSE warns Reuters paywall plan breaches Refinitiv deal terms May 20, 2021 Reuters has reportedly been warned by the London Stock Exchange Group that its plan to instigate a paywall on its content is in breach of the London bourse’s purchase of data provider Refinitiv. A letter from the LSE to the news provider, which was reported by Barron’s, says that the plan, which was announced in [...]
EU to demand tougher pledges from tech giants over fake news May 19, 2021 Tech giants such as Facebook and Google will be forced to make firmer pledges to crack down on misinformation on their platforms on new rules being prepared by the EU. The European Commission is planning to hold social media firms more responsible for curbing the money they make through advertising placed next to false information. [...]
Stream team: How Discovery and Warner Media plan to take on Netflix May 18, 2021 It was a plot hatched in the utmost secrecy. After striking up a rapport over their shared interest in golf, Discovery chief executive David Zaslov and AT&T boss John Stankey devised a plan to merge their media assets, shaking up the world of streaming in the process. Following a few whirlwind months of negotiations, which [...]
BT’s boss buys £2m of shares one day after major investment push May 17, 2021 The boss of BT has bought more than £2 million of shares in his own company, just a day after announcing a major new investment drive. Chief executive Philip Jansen bought 1.25 million shares at £1.63 each, according to new filings with the London Stock Exchange. The purchase on Friday came the day after Jansen [...]
Evening Read: The Great Reopening is well under way May 17, 2021 As Reopening Day is slowly maturing, Monday the 17th of May will most likely go down in pandemic history as a day full of positive post-lockdown news, and very mixed weather. From today, people in England can meet outdoors in groups of up to 30, and indoors in groups of six, or two households, with [...]
AT&T and Discovery to create $150bn media empire to take on Netflix in streaming wars May 17, 2021 AT&T and Discovery near deal to create $150bn media empire to take on Netflix in streaming wars
BBC apologises to James Dyson for labelling him a ‘prominent Tory supporter’ May 12, 2021 The BBC has issued an apology to James Dyson after the broadcaster referred to him as a “prominent Conservative supporter”. The BBC issued the apology today and admitted the inventor of the Dyson vacuum cleaner was mischaracterised in its coverage of Whatsapp messages between himself and the Prime Minister. In a statement the BBC [...]