Samira Ahmed faces BBC in court over ‘600 per cent’ pay gap October 28, 2019 BBC presenter Samira Ahmed has today kicked off her legal challenge against the broadcaster over claims she was paid just “a sixth” of Jeremy Vine’s salary. The Newswatch presenter has said she was paid just £440 per programme, while Vine received as much as £3,000 per episode for his work on Points of View. Read [...]
Spotify finance boss behind streaming giant’s direct listing steps down October 28, 2019 The Spotify finance director who masterminded the streaming giant’s unorthodox stock market float is stepping down from the company. Chief financial officer Barry McCarthy will retire in January and will be replaced by Paul Vogel, who is currently the firm’s head of investor relations. Read more: Spotify fails to hit the right note as subscriber [...]
UK art exports surge to £6.8bn as weak sterling boosts US demand October 28, 2019 The value of art exports from the UK surged by almost a quarter in the last year thanks to increased appetite from US collectors. Sales of art and antiques hit £6.8bn in the year to the end of August, up 24 per cent on the previous 12 months, according to figures compiled by private wealth [...]
Telegraph managers prepare bid as media group goes up for sale October 27, 2019 Suitors will be starting to line up bids for the Telegraph this week as the billionaire Barclay brothers prepare to sell the newspaper group. A group of former senior managers at the Telegraph are among City figures circling, and are looking for backers to bid for the media group, the Sunday Times reported. Read more: [...]
WPP leads FTSE 100 risers with surprise return to growth October 25, 2019 WPP led the FTSE 100 risers today as its shares climbed after it posted a surprise return to growth in the third quarter. WPP’s share price rose above six per cent to 971.2p after revealing revenue climbed 5.2 per cent to £3.29bn. Read more: Sainsbury’s heir to the throne quits to join WPP Like-for-like sales [...]
PR giants embroiled in war of words after Tulchan appoints Ruth Davidson October 24, 2019 City spinners have become embroiled in a row over PR giant Tulchan’s appointment of former Scottish Tory leader Ruth Davidson as a special adviser. Tulchan Communications hired Davidson as a senior adviser two months after she stepped down as Scottish Tory leader. She will keep her role as a member of the Scottish parliament until [...]
John Humphrys makes surprise return to radio with Classic FM show October 24, 2019 John Humphrys is set to make a surprise return to the airwaves, joining Classic FM as a guest presenter on its breakfast show. Read more: Commercial radio market share rises to highest level in 20 years The veteran broadcaster, who stepped down as host of the BBC’s Today programme last month, will head up the [...]
BBC ‘may not be sustainable’ in current form, media watchdog warns October 24, 2019 The BBC may not be sustainable in its current form as it struggles to win over the attention of younger audiences, the media watchdog has warned. In a damning report published today, Ofcom said the corporation was at risk of a “lost generation” as young people increasingly tune out of its services. The reach of [...]
Comcast profit beats estimates after boost from broadband and Sky deal October 24, 2019 Media and communications company Comcast has beaten Wall Street estimates for third-quarter profit, which were boosted by its acquisition of Sky last year. Comcast reported an 11 per cent rise in net profit for the third quarter, ahead of analysts’ expectations, driven by a rise in broadband customer numbers. Read more: BBC ‘may not be [...]
Commercial radio market share rises to highest level in 20 years October 24, 2019 Commercial radio stations continued to attract large audiences during the third quarter, growing their share of listening hours to a 20-year high. A total of 35.9m people tuned in to commercial radio in the UK, up from 35.8m in the same period last year, according to figures released today. Read more: Global launches 24-hour rolling [...]