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Media

  • Blackstone turns up the volume in bidding war for Hipgnosis

    April 28, 2024

    Blackstone is gearing up to submit a bigger bid for the London-listed fund that owns the rights to songs by Justin Bieber and Shakira.

  • Union appears to support Royal Mail proposals to end Saturday post

    April 28, 2024

    The Communication Workers Union (CWU) had been a major obstacle to Royal Mail's efforts to reduce its loss-making daily deliveries. 

  • Telegraph auction to re-open as Redbird IMI looks to withdraw £600m bid

    April 26, 2024

    RedBird IMI is working to finalise a structure for the sale with ministers, who are hoping to cling on to some oversight of the Telegraph.

  • Social media drives UK online ad spend to highest level ever

    April 25, 2024

    Total ad spend rose six per cent in 2023 to £36.6bn, although this translated to a 1.2 per cent contraction after accounting for inflation.

  • Owner of The Sun hits ITV with legal action over footage of Princess of Wales

    April 24, 2024

    Broadcaster ITV and its production company ITN have been hit with legal action by the publisher of The Sun newspaper

  • Spotify rises after smashing records just months after layoffs

    April 23, 2024

    Spotify shares jumped over 12 per cent on Tuesday after it broke a profit record in its first quarter, surpassing one billion euros (£860m) for the first time.

  • Taylor Swift surprises fans with secret ‘double album’ edition of her new record

    April 19, 2024

    Taylor Swift has surprised her fans by releasing a secret “double album” instalment of her new record The Tortured Poets Department, which is thought to hint at her break-up with British actor Joe Alwyn and The 1975 star Matty Healy. Hours after dropping the 16-song edition of her 11th studio album, the US pop superstar [...]

  • Netflix shares sink as company announces halt in reporting subscriber tally, weak outlook

    April 19, 2024

    Shares of Netflix took a sharp tumble of about 5 per cent as the market closed, spurred by the streaming video pionaeer's decision to cease disclosing subscriber numbers and prioritise viewer engagement metrics.

  • Ladbible owner LBG Media is eyeing more deals after US success

    April 18, 2024

    LBG has a number of different strategic focuses, including growing and building its audience base across platforms in the UK and US.

  • Hipgnosis board approves £1.1bn Concord takeover offer

    April 18, 2024

    Concord, which is controlled by Alchemy Copyrights, has proposed to buy Hipgnosis in a deal valued at $1.4bn (£1.1bn).

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