Profits slip at Entertainment One after £61m write down May 21, 2019 Entertainment One said today that its profit before tax fell 43 per cent to £37m after one-off charges. The company behind children's TV favourite Peppa Pig said adjusted profit before tax was up 20 per cent at £156m from £130m. It said underlying earnings before interest tax depreciation and amortisation was up 21 per cent at [...]
Netflix signs Pinewood Studios deal as it ramps up investment in British shows May 19, 2019 Netflix has reportedly signed a deal to lease a third of the space at Pinewood Studios as it looks to ramp up its investment in British TV shows. The US streaming giant is set to take roughly 150,000 square feet of space at the famous film studios in Buckinghamshire, the Sunday Telegraph reported, citing sources. [...]
Magazine publisher TI Media sells NME and Uncut to Bandlab Technologies May 17, 2019 Magazine publishing group TI Media has sold NME and Uncut to social media content platform Bandlab Technologies. The media firm, which owns a host of well-known UK magazines, today said it has agreed to sell the two music titles and all associated social, digital and print assets for an undisclosed sum. Read more: TI Media [...]
Internet meme queen Grumpy Cat dies aged 7 May 17, 2019 The internet sensation known as Grumpy Cat has died aged seven, her owners revealed on Friday. A post on the cat's instagram, which has more than 2.4m followers, announced her passing and the family's "unimaginable heartbreak". Read more: BT has redesigned its logo and Twitter hates it (Source: Instagram) (Source: Getty) (Source: Getty) “Despite care from top [...]
Even ITV’s big dividend can’t win over investors May 17, 2019 | City Talk After falling again sharply on these first-quarter results, interactive investor's head of markets explains why ITV is finding life so hard. Strategically, the song remains the same at ITV (LSE:ITV) as it continues to respond to changing viewer habits, while also lessening its reliance on traditional advertising. Indeed, there are signs of progress on both [...]
Shares in media group Future jump as acquisitions fuel record half-year results May 17, 2019 Shares in media company Future jumped as much as seven per cent in early trading after it posted a record rise in revenue and profit for the half year. Future, which owns magazine titles including Four Four Two and Tech Radar, reported a 103 per cent rise in revenue to £108.7m in the six months [...]
Magazine publisher TI Media taps media veteran Tim Weller as new chairman May 16, 2019 The magazine publisher behind Horse & Hound and Country Life has appointed media veteran Tim Weller as its new chairman. Read more: Trump pardons fraudster media mogul Conrad Black City A.M. understands Weller, a prolific media entrepreneur, has joined TI Media, which is the UK’s biggest consumer magazine publisher The media boss has been recruited by Epiris, [...]
Trump pardons ex-media mogul Conrad Black after flattering biography May 16, 2019 Donald Trump has pardoned ex-media mogul and convicted fraudster Conrad Black just a year after he penned a flattering biography of the US President. Black, the former owner of the Daily Telegraph, served three-and-a-half years in prison in the US for plotting to embezzle millions of dollars from his newspaper empire. Read more: The i [...]
Commercial radio pulls in record audience as stations snap up top presenters May 16, 2019 Commercial radio stations across the UK reported their highest-ever listener numbers in the first quarter, as they continue to snap up top talent. At least 36.1m people tuned in to commercial radio stations in the first three months of the year, according to new figures from industry body Rajar. Read more: Netflix teams up with [...]
MPs launch probe into reality TV following Jeremy Kyle Show death May 15, 2019 MPs have launched an inquiry into reality TV shows just hours after ITV axed The Jeremy Kyle Show following the death of a guest. The DCMS Committee said it will probe production companies’ duty of care to participants and ask whether enough support is offered both during and after filming. Read more: ITV revenues slip [...]