System1 to resume dividends after topping profit forecasts April 16, 2024 System1 said it expects to record pre-tax profit of £2.8m for the year ended 31 March 2024, up £2.1m on 2023.
Audioboom: Podcast giant posts full-year loss as it looks to ad business for rescue April 15, 2024 Audioboom advertisers were up 47 per cent however, with 7,727 brands using the platform to promote products and services.
UK to reveal social media ban plans for under-16s within weeks April 14, 2024 Downing Street is reportedly set to reveal the proposals for stricter age restrictions on social media apps within weeks.
Hollywood strikes ‘groundbreaking’ AI agreement with Sony, Universal, Warner and Disney April 14, 2024 The deal includes Warner Music Group, Sony Music Entertainment, Universal Music Group and Disney Music Group.
Ad watchdog increasingly reliant on AI tech to screen social media for rule breaches April 11, 2024 The Advertising Standards Agency (ASA) used its AI monitoring system to process three million ads in 2023, the regulator revealed today.
London-listed Centaur Media receives takeover approach April 10, 2024 Centaur Media, the owner of titles such as The Lawyer, could become the latest London-listed company to go private after a takeover approach was revealed.
Hipgnosis boss calls for better copyright protection and pay for struggling musicians April 10, 2024 Hipgnosis boss Merck Mercuriadis has given evidence to a report which calls for better support and copyright protection for music artists.
Media giants wading into startup investing is a sign of things to come April 10, 2024 As traditional advertising revenues decline or come under threat, Jess Jones explains why more major media groups are pivoting towards the world of start up investing
Spotify to hike price of ad-free premium service to almost £12 April 9, 2024 A Spotify spokesperson told City A.M. they did it “so that we can keep innovating and delivering value to fans, the music industry, and creators on our platform, we occasionally update our prices".
Disney Plus follows Netflix with password sharing crack down April 5, 2024 Disney Plus, the company's streaming business, is seeking to reverse heavy losses and dwindling subscribers.