ITV has snapped up a French TV production company February 28, 2017 ITV has purchased a majority stake in French television production group Tetra Media Studio for an undisclosed sum, the broadcaster announced today. Tetra’s flagship dramas include crime series Profilage (Profiling), now in its seventh season, and Les Hommes de l’Ombre (The Men of the Shadow), the critically acclaimed political thriller. Last year, the group produced [...]
Droning on: How drones are transforming marketing February 28, 2017 From publicity stunts to epic and cost-effective aerial photography, marketers are getting increasingly creative with how they use drone technology. Prior to the rise in camera-equipped drones in recent years aerial photography was restricted to those who could afford helicopter support. All that has changed. As City A.M. reported last year, the drone [...]
Revealed: David Cameron’s mornings begin with City A.M. February 27, 2017 Last time we checked there were 1,456 reasons why City A.M. should be the first thing you read every morning, dear reader. And this week, we found another one: former British Prime Minister David Cameron starts his day reading our newsletters. City A.M.EN to that! Read more: Revealed: David Cameron's new jobs Cameron, who was [...]
There’s no such thing as “fat-shaming” – it’s just advertising February 27, 2017 I take issue with the Vicariously Offended; the virtuous who take up the mantle of oppression, regardless of whether they are personally affected, at every given opportunity. I bit my tongue last week when they took offence at Protein World’s Tube campaign questioning commuters’ ability to “keep up with a [very slim] Kardashian.” It was, [...]
Trinity Mirror sales rise but it strikes a cautious note over the “challenging and volatile” print market February 27, 2017 The UK's biggest local newspaper group, and owner of the Mirror, has reported a big bump in profit and revenue for 2016 – but said the industry is still battling headwinds from falling print advertising. Read more: Daily Express owner mulling sale of tabloids to rival Trinity Mirror The figures Annual profit rose 24 per cent after [...]
ITV expected to blame Brexit for dip in advertising sales February 26, 2017 ITV is expected to cite the Brexit vote as the cause for its first decline in advertising sales since the financial crisis. The broadcaster will unveil a drop of around 7 percent in advertising sales when it publishes full-year results on Wednesday, The Sunday Times reported yesterday. The first advertising decline since 2009 will be [...]
HMRC hits back at suggestions by Andrew Tyrie of heavy handed tactics in cracking down on tax avoidance February 25, 2017 Tax authorities have dismissed claims by the chairman of the Treasury Select Committee that it acted in a heavy handed manner, causing people "very severe financial distress". Andrew Tyrie has written to chancellor Philip Hammond to highlight concerns about the way HM Revenue & Customs (HMRC) cracked down on people who had arranged their financial affairs by using tax [...]
Here’s what analysts are saying about Pearson’s full-year results after a “challenging” year February 24, 2017 Pearson did its best to prepare investors for today’s full-year results with a January trading update. The former Financial Times publisher’s share price jumped up at the open, before falling slightly later in the morning. Read more: Pearson lays bare 2016 results after "challenging year" Here is what analysts are making of the figures… The [...]
Former FT publisher Pearson lays bare 2016 results after “challenging year” February 24, 2017 Pearson’s share price jumped three per cent at the open this morning before falling away after the struggling education business reported its full-year results. Although the figures reflected a “challenging year”, with sales down eight per cent and operating profit falling 21 per cent, investors had already been briefed on the damage in a January [...]
FTSE 100-listed Farmers Weekly publisher Relx reports growing revenue February 23, 2017 FTSE 100 information business Relx, formerly known as Reed Elsevier, reported revenue growth of four per cent in 2016 today. The figures Relx, which owns legal database LexisNexis and medical journal the Lancet, reported a 2016 turnover of £6.9bn. Underlying adjusted operating profit, meanwhile, was up six per cent to £2.1bn. The group increased its [...]