Publishing firm Haynes drives up shares as it reveals sharp profit growth December 6, 2019 Shares in publishing firm Haynes rose almost six per cent in early trading after it announced a sharp rise in profit for the first half of the year. Read more: Car manual publisher Haynes posts jump in profit as digital shift pays off The car manual specialist today said it expected to post a 37 [...]
Competition watchdog intervenes in Daily Mail’s takeover of i newspaper December 6, 2019 The competition watchdog today said it has served an initial enforcement order as it reviews the Daily Mail’s £50m takeover of the i newspaper. Read more: Daily Mail owner buys i newspaper for £50m The order, also known as a hold separate arrangement, means parent company Daily Mail and General Trust (DMGT) will be forced [...]
Daily Mail owner takes profit hit as it revamps portfolio in digital shift December 5, 2019 The Daily Mail’s parent company has reported a sharp fall in pre-tax profit for the full year, days after it snapped up the i newspaper for £50m. Daily Mail and General Trust (DMGT) posted a 21 per cent drop in pre-tax profit to £145m in the year to the end of September, while revenue slipped [...]
Time Out shares slip as it warns market opening delays will hit profit December 5, 2019 Shares in Time Out dipped just over two per cent this morning after the media group warned that the delayed openings of two of its new food markets will hit profit. Read more: Time Out posts revenue rise as it dines out on food market success The London-listed firm said delays to its new sites [...]
Buzzfeed issued strike-off warning over late company accounts December 4, 2019 Buzzfeed is under fierce pressure from financial authorities for failing to produce its company accounts more than two months after the deadline. Government agency Companies House has lodged a proposal to strike Buzzfeed from the official register as its 2018 accounts, which were due by 30 September this year, have still not been submitted. Read [...]
Hipgnosis signs up songwriter behind Adele and Stormzy hits December 3, 2019 Music royalties investment firm Hipgnosis has announced the latest addition to its roster of musicians, signing up the brains behind hit tracks by Adele and Stormzy. Read more: That’s a rap: Hipgnosis lands Timbaland catalogue as it beefs up portfolio The London-listed firm today said it has acquired a music catalogue from British songwriter and [...]
Tesla CEO Elon Musk set to testify at ‘pedo guy’ trial today December 3, 2019 Elon Musk is expected to testify today at a defamation case brought against him for calling a British cave diver a “pedo guy”. The Los Angeles Federal Court case begins today and will put Musk and his accuser Vernon Unsworth face-to-face for the first time. Read more: Tesla CEO Elon Musk will testify at his [...]
Boris Johnson complaint over Channel 4 melting ice sculpture rejected by Ofcom December 3, 2019 There was nothing wrong with Channel 4’s use of a melting ice sculpture to represent Prime Minister Boris Johnson during its climate debate after he refused to turn up, according to Ofcom. Following the televised debate, the Conservative party lodged a complaint with the media regulator, but this has been rejected. Read more: BBC agrees [...]
Sky to unveil major new Elstree studio as it ramps up production December 3, 2019 Sky has announced plans to build a new film and TV studio complex in north London as it ramps up its production budget amid growing pressure from streaming rivals. The 32-acre production hub will be located in Elstree, close to the existing Elstree Studios complex, which is home to Netflix’s hit series The Crown and [...]
BBC election coverage draws 10,000 complaints in two weeks December 2, 2019 The BBC received more than 10,000 complaints of bias in its political coverage in a single fortnight as the General Election campaign ramped up, new figures show. The broadcaster received at least 10,209 complaints related to political coverage between 11 and 24 November, according to its latest complaints log. Read more: General election 2019: Council [...]