Hipgnosis board recommends new £1.25bn bid from Blackstone April 29, 2024 Blackstone's $1.30 in cash per share bid, higher than the revised offer from Concord Music, values Hipgnosis at about $1.57bn (£1.25bn).
Former Barclays boss Bob Diamond set to chair Tiktok rival Triller April 28, 2024 Former Barclays boss Bob Diamond is set to chair social media startup Triller, which has been backed by artists such as Snoop Dogg and The Weeknd.
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.