BBC signs on-demand deal with Sky as it bolsters iPlayer for streaming wars November 11, 2019 The BBC has struck a deal with Sky to integrate iPlayer into the firm’s pay TV platform in the corporation’s latest attempt to bolster its on-demand offering. The partnership will allow Sky Q customers to access the iPlayer app by pressing the red button when watching a BBC channel. Read more: BBC data breach leak [...]
Facebook launches corporate rebrand amid antitrust concerns November 4, 2019 Facebook has today unveiled a rebrand for the parent company, in an effort to help users understand what apps and companies the tech giant owns and operates following pressure from regulators and politicians. From now on, apps such as Instagram and Whatsapp will show a more prominent “From Facebook” tagline, with a new logo developed [...]
M&C Saatchi in informal talks with M+A adviser Clarity November 3, 2019 Tory advertising agency M&C Saatchi is reportedly in talks with external advisers about a potential strategic overhaul, prompting speculation the company may be looking for a buyer. The ad agency – notorious for its involvement with Conservative party election campaigns – has lost more than half of its stock market value since the discovery of [...]
Ex-Donald Trump strategist Steve Bannon considers Daily Telegraph purchase November 3, 2019 Controversial former Donald Trump strategist Steve Bannon is organising a bid for The Telegraph to turn it into a vehicle for his brand of economic nationalism. It was reported last week that the title’s owners – tycoon twins Sir David Barclay and Sir Frederick Barclay – were looking to sell the national newspaper. Read more: [...]
BBC leak reveals names of 120 women in equal pay dispute November 1, 2019 The BBC has been accused of a potentially major data breach after the names of 120 female employees who had pursued equal pay complaints against the broadcaster were inadvertently revealed during presenter Samira Ahmed’s employment tribunal case. The document names BBC women who had put their names to a letter issued by the National Union [...]
Thomson Reuters reports surge in operating profit October 31, 2019 Media conglomerate Thomson Reuters has reported a surge in operating profit for the third quarter, ahead of analysts’ estimates. Operating profit at the Canada-based company jumped 51 per cent to $262m (£202m) for the three months to September, ahead of $173m for the same period a year ago. Read more: Thomson Reuters defends boss following [...]
Profit jumps at Facebook despite regulatory pressure October 30, 2019 Facebook has beaten third-quarter earnings forecasts despite the social media giant facing intense scrutiny from US lawmakers, sending shares up over five per cent in after-hours trading. Read more: Facebook abandons appeal against £500,000 Cambridge Analytica fine Profit at the world’s largest social media firm grew 19 per cent to $6.1bn (£4.7bn) in the three [...]
Private equity firm Epiris to sell TI Media for £140m October 30, 2019 British private equity firm Epiris will sell Country Life magazine owner TI Media to Bath-based media company Future for £140m, it announced today. Epiris bought TI Media, then called Time Inc UK, from US media group Meredith in February 2018 in a deal thought to be worth around £130m. Under Epiris, TI Media undertook a [...]
Financial Times owner Nikkei loses $29m in apparent fraud October 30, 2019 Nikkei, the Japanese media giant behind the Financial Times, has lost roughly $29m (£22.5m) in an apparent wire transfer fraud. In a statement issued today, the company said an employee of its US subsidiary had transferred the funds after receiving “fraudulent instructions by a malicious third party who purported to be a management executive of [...]
British film board rolls out new age ratings for Netflix films and TV shows October 29, 2019 The UK film regulator will this week roll out a series of new age rating symbols designed for online streaming platforms. The digital classification symbols, which will launch on Netflix from Thursday, are designed to help young people make more conscious choices about what they watch online. Read more: Netflix to set its own age [...]