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).
Government and trade body urge BBC to refresh local news plans April 17, 2024 "We are concerned the BBC was too confident of what it can deliver in the future," a Committee report published today said.
Everyman: Dune 2 and Bob Marley films will help cinema ‘outperform’ in 2024 April 16, 2024 In its full year 2023, Everyman reported double digit revenue and profit growth, sending shares up over four per cent on Tuesday.
System1 to resume dividends after topping profit forecasts April 16, 2024 System1 said it expects to record pre-tax profit of £2.8m for the year ended 31 March 2024, up £2.1m on 2023.
Audioboom: Podcast giant posts full-year loss as it looks to ad business for rescue April 15, 2024 Audioboom advertisers were up 47 per cent however, with 7,727 brands using the platform to promote products and services.
UK to reveal social media ban plans for under-16s within weeks April 14, 2024 Downing Street is reportedly set to reveal the proposals for stricter age restrictions on social media apps within weeks.
Hollywood strikes ‘groundbreaking’ AI agreement with Sony, Universal, Warner and Disney April 14, 2024 The deal includes Warner Music Group, Sony Music Entertainment, Universal Music Group and Disney Music Group.
Ad watchdog increasingly reliant on AI tech to screen social media for rule breaches April 11, 2024 The Advertising Standards Agency (ASA) used its AI monitoring system to process three million ads in 2023, the regulator revealed today.