Sky believes in better future after quarter in which rivals benefited from Euro 2016, Olympics and Paralympics October 13, 2016 Sky has said it is “on track financially” despite the company suffering at the expense of rivals broadcasting Euro 2016, the Olympics and the Paralympics. The figures In the UK and Ireland, turnover was up five per cent to to £2.1bn in the quarter to 30 September, boosted by a June TV price rise. However, Sky [...]
Advertising spend forecast increased, showing companies have “held their nerve in the face of Brexit uncertainty” October 12, 2016 A closely-watched report has forecast advertising spend in the UK will increase by 1.9 per cent in 2016, up from a previous estimate of a 0.2 per cent fall. The IPA’s Bellwether Report suggested that its forecast revision shows marketers “have held their nerve in the face of Brexit uncertainty”. Read more: TfL awards Outdoor Plus [...]
With consumers glued to their smartphones, mobile ad budgets are soaring October 12, 2016 Reading this on your smartphone? Company advertising departments will be pleasantly unsurprised. Consumers’ obsession with their smartphones meant that firms increased their mobile advertising budgets by 56 per cent year-on-year to £1.7bn in the first half of 2016. This means that 36p in every £1 spent on internet advertising now goes on phones, up from 4p [...]
Hola: Business broadcaster CNBC launches in Latin America October 11, 2016 Business news TV station CNBC is to launch in Latin America as part of a strategic partnership with Sky Mexico. The move is part of the US-headquartered company’s plans to expand into emerging markets. CNBC Indonesia is also set to go live this year. The launch will give the broadcaster a presence in countries such as [...]
Informa launches rights issue following US takeover deal approval October 11, 2016 Informa’s share price was lowered by eight per cent this morning as part of a rights issue. Informa’s issuance comes shortly after the company received shareholder approval for the acquisition of US business Penton Information Services for £1.2bn. [stockChart code="INF" date="2016-10-11 09:28"] Read more: British information business Informa announces £1.2bn takeover of US rival After [...]
Broadcast regulator ramps up diversity pressure on BBC October 11, 2016 The broadcast regulator’s chief executive has ramped up pressure on the BBC over diversity. Ofcom’s Sharon White also said that although the corporation holds a “special status” in public life, it will not receive “special treatment” when the body begins overseeing the broadcaster next year. Read more: BBC’s £60m hotel bill: 2016 on track to [...]
Double trouble: Jedward’s company has fallen into a loss October 6, 2016 Wow Oh Wow: it looks like unlikely Irish pop twins Jedward are Under Pressure, after they made a loss of almost €235,000 (£207,000) in the past two years. How Did You Know? Their company, Planet Jedward, filed results with the Irish Companies Registration Office. The figures showed while the pair, who rose to fame in 2008 during a stint [...]
Time Out is close to signing a deal for new “flagship” London food market October 5, 2016 Time Out – the magazine publisher that recently listed on the London junior market – is expected to announce it has leased premises for a London food market in coming weeks, City A.M. understands. The group is close to signing a deal for a location thought to be around Kings Cross, Covent Garden, or Camden. The London food [...]
How to stop your business from getting a soggy bottom October 5, 2016 Great British Bake Off (GBBO) is unquestionably one of the most popular shows on television. It attracts 13m viewers and appeals to the whole family and has done this more successfully than anyone else for six years. In fact, I’d even go as far to wager that a considerable number of you reading this now might [...]
Data bargaining chips: Consumers know more about their personal data than you think October 3, 2016 We are in the midst of a personal data gold rush, driven by the dominance of advertising as the primary source of revenue for most online publishers. Whether purchasing something or simply browsing, every action we make creates a digital footprint, and every step we takes creates a plethora of valuable information about how we live. [...]