ITV shares jump despite ad revenue diving amid Brexit uncertainty November 10, 2016 ITV’s share price jumped three per cent this morning as the broadcaster reported falling advertising revenues but talked up its “balanced and resilient business”. The figures The company’s advertising revenue dropped four per cent in the last quarter amid political and economic uncertainty. And the broadcaster is forecasting an even larger dip – seven per [...]
Watch this year’s full John Lewis Christmas advert, featuring Vaults and Buster the Boxer November 10, 2016 Advent calendars may have been out since Easter and shops may have been putting baubles on display since September – but you know it's really Christmas when the John Lewis Christmas advert arrives. This year's offering takes a funny, rather than schmaltzy, approach (cf. last year's sugary sweet Man on the Moon ad) – featuring a [...]
Sir Martin Sorrell: Trump victory is “a second Brexit that leaves many very surprised, including the markets and me” November 9, 2016 Sir Martin Sorrell, the chief executive of economic bellwether WPP, has described Donald Trump’s election as “a second Brexit that leaves many very surprised, including the markets and me”. Sorrell, whose wife Cristiana Falcone Sorrell gave birth to their daughter, Bianca Eva Sarah, on election day in New York, admitted it will take a “ significant amount [...]
City A.M. talks with Mark Roy of Read Group about the upcoming EU imposed GDPR November 7, 2016 No matter your business or profession, whether as an individual or an organisation, as of 25 May 2018 the EU General Data Protection Regulations (GDPR) will mean something to you. That may seem like some time away, and it is, but businesses that fail to adapt in time may get left behind. One man who [...]
Gina Miller condemns “shameful” and “disgraceful” media coverage of Article 50 case November 6, 2016 Gina MIller, the woman who led the high profile legal challenge to Article 50, has insisted the case is about the way we leave Europe and not about changing the outcome of June's referendum. Speaking on the BBC's Andrew Marr show on Sunday Morning, she hit back at the response of some media to the case, which [...]
Liz Truss responds to The Bar Council’s calls for condemnation of media attacks on judiciary November 5, 2016 The Bar Council has called on Lord Chancellor Liz Truss to condemn "serious and unjustified attacks on the judiciary" following the High Court decision over Article 50. She responded this afternoon, saying that the judiciary was "the foundation upon which our rule of law is built." The High Court judges who ruled that Article 50 must [...]
Watch: These are the 10 most-loved Christmas adverts of all time November 4, 2016 Rejoice, for 'tis the season to weep at schmaltzy Christmas ads, as retailers begin to launch festive offerings next week. To get you in the mood, video ad tech company Unruly has put together the definitive list of the most-shared (and therefore most loved) Christmas ads of all time. At number one is an ad [...]
Here’s why Facebook shares are down despite an impressive revenue rise November 3, 2016 Facebook’s shares fell as much as six per cent in after-hours trading on Wednesday, despite the social media giant beating expectations with its latest results for the third quarter. Total revenue came in at $7bn (£5.7bn) – up 56 per cent year-on-year and ahead of Wall Street expectations of $6.9bn – with advertising making up [...]
Time Warner posts strong results in the wake of AT&T deal November 2, 2016 Time Warner boosted its outlook for the year on the back of the news it will be bought by AT&T in a deal announced last week for $85bn (£69bn). The media giant said revenue and operating income were up in its cable TV and film businesses. These were above expectations from Wall Street and show why the [...]
Advertising giant WPP’s revenue spikes 23 per cent on the back of weak pound October 31, 2016 Revenue jumped at advertising giant WPP for the third quarter, up 23.4 per cent as it beat expectations. But business in the UK slowed, "perhaps the first signs of Brexit anxiety", while WPP reported a slowdown in organic net sales at 2.8 per cent. The figures Revenue for the third quarter was up 23.4 per [...]