Daily Mail maintains guidance as digital revenues help offset print decline January 24, 2019 The Daily Mail’s parent company today said it maintains its full-year guidance as revenue rises for its online and TV offerings offset a decline in print sales. Daily Mail and General Trust (DMGT) said reported revenue growth slipped two per cent in the three months to the end of December, impacted by disposals in its [...]
Haynes shares soar as growing digital business boosts half-year results January 24, 2019 Publisher Haynes saw its share price jump this morning after reporting a rise in half-year revenue and profits as it looks to shift its car manuals to digital formats. The figures Haynes reported a 23 per cent rise in profit before tax to £1.6m in the 26 weeks to the end of November. Revenue jumped [...]
Facebook to invest £3m in targeting spam ads in the UK as Martin Lewis drops lawsuit January 23, 2019 Facebook has said it will invest £3m into targeting fraudulent adverts on its UK platform, after reaching a settlement with Money Saving Expert founder Martin Lewis. Lewis first launched proceedings against Facebook last year over a series of ads appearing on the website which claimed he had backed several investment schemes. Those schemes later turned out [...]
MPs slam BBC for not acknowledging pay discrimination problem January 23, 2019 The BBC is facing fresh criticism over pay equality after the government slammed the broadcaster’s response to its report published in October. The Department for Digital, Culture, Media and Sport (DCMS) today blasted the BBC for not acknowledging the problem of equal pay within the organisation. Read more: BBC executive Jackie Edwards tapped to head new [...]
Ancient Origins founder Joanna Gillan travels the world to write about history and explore historical locations January 21, 2019 What would be your ideal job? For some, it might be trying to make the world better by saving the pandas or cleaning up the oceans. Others may simply want to make lots of money while wheeling and dealing in a high-stakes career. But for many of us, I’d wager the ideal job would involve [...]
EU digital tax could be agreed by March, says French finance minister Bruno Le Maire January 20, 2019 The European Union could reach an agreement on details of a digital tax by the end of March, the French finance minister has said. Talks among EU ministers aimed at aligning the taxation of online businesses broke down in December. A number of smaller member states, including Ireland, Sweden and Denmark, opposed the plan and [...]
Facebook shares lose gains as regulators discuss imposing record fine January 19, 2019 Facebook’s share price lost some of its gains on Friday after a report emerged that US regulators were considering fining the company for privacy violations. Facebook was up 0.25 per cent for the day but lost gains that had seen the company’s price rise by 2.8 per cent earlier in the session. The regulators met [...]
Netflix shares fall following weak first quarter forecast January 19, 2019 Streaming giant Netflix saw its share price fall by 5 per cent on Friday as investors were disappointed by the company’s lower-than-expected revenue forecast for the first quarter. Netflix’s shortfall in revenue expectations overshadowed its record number of subscribers as investors hoped for a bigger payoff having increased prices for US customers by up to [...]
Wetherspoons boss Tim Martin defends column copying in pub magazine January 18, 2019 Wetherspoons boss Tim Martin has defended the decision to reprint newspaper columns in his pub chain’s magazine, but admitted he was not sure about the intricacies of copyright law. The no-frills pub chain raised eyebrows today after it emerged its free magazine, Wetherspoon News, had lifted articles from national newspapers and magazines. Read more: JD Wetherspoon [...]
Murdoch eyes up mega-merger between The Times and The Sunday Times January 18, 2019 Media baron Rupert Murdoch is seeking permission to merge The Times and The Sunday Times in a bid to cut costs across the newspapers. News UK, the holding group for the two titles, has made an application to the government to overturn a law that prevents the titles from merging. Read more: ITV shares tumble [...]