Easyjet boss Stelios loses Telegraph libel case over ‘strawmen’ claim November 2, 2020 Easyjet founder Stelios Haji-Ioannou has lost his libel case against the Daily Telegraph over an article that disputed the outspoken founder’s claims about three shareholders. The suit related to an article published in May in which Telegraph journalist Ben Marlow wrote that the budget airline boss was engaging in “increasingly wild conspiracy theories”. The article [...]
The Hollywood of Europe: How the Canary Islands are being reinvented as a film hub October 31, 2020 In the opening scenes of action-thriller Jason Bourne, the film’s forgetful hero, played by Matt Damon, strides through violent protests on the streets of Athens. He meets his spy partner in the iconic Syntagma Square, before being chased through a sea of blue and white flags by a menacing CIA hit squad. But for eagle-eyed [...]
Screenshot: Will Tim Davie win the generation game? October 30, 2020 A weekly column from City A.M. bringing you all the biggest stories and trends in technology, media and telecoms This week: ** Media Moment of the Week: A sorry soy saga ** Tim Davie and the BBC’s tug of war ** The tech titans’ tumultuous year Media Moment of the Week This week it’s another [...]
Channel 4 advertising bounces back amid privatisation threat October 29, 2020 Channel 4 today said its advertising revenue had rebounded strongly from a coronavirus-induced slump as it shrugged off renewed threats of privatisation. Earlier this month media minister John Whittingdale hinted that the government was mulling a sale of Channel 4, adding that its business model was under strain and may not be sustainable. But the [...]
BBC bans ‘virtue signalling’ as it cracks down on stars’ social media use October 29, 2020 The BBC has banned presenters from “virtue signalling” on social media as part of tough new rules on how its top talent maintains impartiality online. As part of a sweeping overhaul unveiled today, BBC stars have been told not to express personal opinions on public policy, politics or controversial subjects. The overhaul marks a major [...]
Meghan Markle wins court bid to delay Mail on Sunday privacy trial October 29, 2020 Meghan Markle has won her bid to have her privacy case against the Mail on Sunday pushed back until next autumn after citing confidential reasons. The Duchess of Sussex is suing parent company Associated Newspapers over articles in the Mail on Sunday that published parts of a letter she sent to her father in 2018. [...]
WPP client wins help revenue decline slow October 29, 2020 Ad giant WPP reported another fall in sales in the third quarter but the pace of decline slowed from the previous quarter. The British owner of the Ogilvy, Grey and GroupM agencies said its like-for-like sales had dropped by 5.5 per cent to £2.97bn, compared with a 11.5 per cent drop in the previous quarter. [...]
Music scouting platform Instrumental secures Tencent backing October 27, 2020 A British music scouting firm that uses algorithms to discover new artists is said to have secured fresh investment from Chinese tech giant Tencent. Instrumental is set to announce the strategic partnership, which will see Tencent take a minority stake in the company, as early as tomorrow, Sky News reported. The deal will come as [...]
Bloomsbury profit surges on lockdown reading boom October 27, 2020 Bloomsbury has reported its highest first-half profit in 12 years after the coronavirus lockdown sparked a steep rise in online book sales. The publishing house said pre-tax profit excluding the cost of acquisitions jumped 60 per cent to £4m in the six months to the end of August. This was ahead of the board’s expectations [...]
No Time To Die: James Bond studio hits back at reports of streaming release October 26, 2020 The Hollywood studio behind the James Bond film franchise has hit back at reports it is mulling a streaming launch for No Time To Die due to multiple delays to its release date. Metro-Goldwyn-Mayer (MGM) is said to have held discussions with Netflix, Amazon and Apple about a potential on-demand release for the 25th instalment [...]