New York Times moves staff out of Hong Kong following new security law July 15, 2020 The New York Times is set to relocate staff at its Hong Kong bureau to South Korea, after a new security law imposed by China has raised concerns surrounding press freedom in the city. The US news outlet yesterday said the new security law, which hands Beijing sweeping powers to arrest Hong Kong citizens suspected [...]
Guardian to axe 180 jobs as revenue plunges July 15, 2020 The Guardian has announced plans to cut 180 jobs in both its editorial and commercial departments, after revenue plunged more than £25m during the coronavirus crisis. The newspaper group said the job cuts will mostly affect its advertising, Guardian Jobs, marketing and Guardian Live departments, with 70 additional redundancies in its editorial unit. The job [...]
ITV to show repeats over summer as coronavirus rips up filming schedule July 14, 2020 ITV’s chief executive today warned that it is “inevitable” that the public service broadcaster will mostly show repeats over the summer, as the coronavirus pandemic has forced it to axe filming schedules for blockbuster shows such as Love Island and the 2020 Euros. Speaking on a virtual committee meeting hosted by the Department for Digital, [...]
BBC to scrap free TV licence fee for over-75s from August July 9, 2020 The BBC is going ahead with plans to axe free TV licences for over-75 year-olds from August, after a two month delay due to the coronavirus pandemic. More than 3m households will be asked to start paying the £157.50 annual fee from 1 August, the BBC announced today. Households that receive Pension Credit will still [...]
JK Rowling among 152 celebrities to criticise ‘cancel culture’ in open letter July 8, 2020 JK Rowling, Margaret Atwood and Salman Rushdie are among 152 public figures across the political spectrum who have signed an open letter warning that the spread of “censoriousness” and “cancel culture” has led to an intolerance of conflicting views. The letter, published in Harper’s Magazine, hit out at how a “panicked damage control” is leading [...]
Mirror publisher Reach to axe 550 jobs as advertising dries up July 7, 2020 Mirror publisher Reach today said it would axe 550 jobs as it seeks to overhaul its business as advertising revenue sank by more than a quarter over lockdown. The newspaper giant said the axed jobs, which account for around 12 per cent of its workforce, would help save £35m annually, at a one-off cost of [...]
Scammers can create fake Facebook and Google ads ‘within hours’ July 6, 2020 Lax controls on Google and Facebook enable scammers to create and post adverts for fake businesses within just a few hours, according to an investigation. Harry Rose, editor of Which magazine, said it was “worryingly easy for fraudsters to create adverts promoting scams for fake products and services”. Which created two linked fake companies – [...]
There will be a V-shaped recovery in some sectors, says Sir Martin Sorrell July 3, 2020 Advertising mogul Sir Martin Sorrell has said that the coronavirus crisis has disrupted the status quo, and companies’ recovery will be dependent on sector. Speaking to City A.M.’s City View podcast, Martin Sorrell, who has previously spoken of a V-shaped recovery, said the pandemic has pushed services further online, at a consumer level and beyond. [...]
The City View: Sir Martin Sorrell on why Boris is in trouble if unemployment bounces July 3, 2020 In today’s episode of The City View, advertising giant Sir Martin Sorrell talks to City A.M.’s Andy Silvester about the economic recovery, leading a company through these difficult times and the acceleration of the shift to digital. He also offers his views on the response of firms to increased awareness of racial inequality, the US [...]
BBC announces 450 job cuts and axes Inside Out July 2, 2020 The BBC has announced it will slash 450 jobs from its BBC News England team and will axe its long-running Inside Out show as part of plans to shore up an extra £25m by 2022. The BBC today said it would cut roughly 15 per cent of its BBC England team, as the broadcaster seeks [...]