Welcome to the future: You can now order takeaway using your TV June 10, 2016 Smart TVs are about to get a little smarter thanks to a new invention being cooked up by Just Eat. The company is planning to launch an app enabling people to order food through their television. The app will sync with any mobile phone or iPad connected on the same Wi-Fi network, enabling friends in the [...]
UK advertisers have most faith in Paloma, who is enjoying the good life June 10, 2016 Paloma Faith sold out more than just concert venues last year. New research has today named her as the most popular popstar among advertisers. Faith was the artist of choice for four major brands – Calvin Klein, Dixons, Simply Be and Eastern Western – in 2015, according to research by Adbreakanthems and BPI. Read more: [...]
Magazine publisher ignores London IPO Time Out to target pre-referendum float June 9, 2016 Time Out magazine is planning to float on the alternative investment market (Aim) next week, with an initial public offering (IPO) valuing the company at £195m. The magazine publisher said it will issue 60m ordinary shares at 150p, raising £90m in gross proceeds. Liberum Capital is acting as Time Out’s nominated adviser and sole bookrunner. Read [...]
Channel 4 chief exec warns privatisation move would stop emergence of programmes like Gogglebox June 8, 2016 The chief executive of Channel 4 has warned that programmes like Gogglebox would struggle to emerge if the government introduced any form of privatisation. David Abraham is appearing alongside Channel 4’s chair, Charles Gurassa, before the Culture, Media and Sport Committee this afternoon. Read more: Channel 4 takes stake in content firm behind Bear Grylls' [...]
Netflix has revealed its “binge scale” – how do you watch these top shows? June 8, 2016 Are you a House of Cards fanatic, watching it all in one go? Or do you like to build up the anticipation with a weekly watch? Most people watch the Netflix hit show by savouring it over time, but when it comes to something like tense drama The Fall or Dexter, we just can't help [...]
Brexit would not affect UK advertising industry spending… not immediately, anyway June 8, 2016 A UK vote to leave the European Union would have no immediate effect on advertising industry spending, new research suggests. But media agency Zenith has claimed that a Brexit could cost the UK £70m in adspend growth a year, totalling around £1bn by 2030. This figure is based on controversial Treasury research claiming that the UK’s [...]
Best in-house: Three quarters of UK marketers are thinking of ditching advertising agencies in the near future June 7, 2016 A whopping three quarters of UK brand-side marketers are considering bringing their marketing in-house in 2016-17, according to a new survey by visual presentation platform Prezi. While the majority of marketers surveyed (83 per cent) said that there was real value in having an agency, they didn't want to be tied down by onerous and expensive contracts. Fully [...]
Probe finds non-transparent practices are pervasive within the US advertising industry June 7, 2016 Media agencies in the US have been given cash rebates by media companies for spending a certain amount of their clients' budgets with them, a probe by an American industry trade body has found. Agencies are expected to act in the best interests of their clients, and such rebates are banned in the States. A "pervasive" [...]
How UK media companies are surviving digital disruption June 7, 2016 The UK’s media and entertainment sector is in “rude health”, with revenues up 21 per cent since 2011, despite digital disruption. Deloitte’s Media Metrics 2016 report looked at the 100 largest UK companies in the area, finding a total turnover of £87bn in the firms’ latest accounts. Deloitte predicts this number, based on 2014 or [...]
More pressure on Martin Sorrell over £70.4m pay package ahead of WPP’s AGM June 7, 2016 A public sector pension investment body has urged the 70 funds it advises to reject Sir Martin Sorrell’s £70.4m pay package at WPP’s AGM tomorrow. The Local Authority Pension Fund Forum (LAPFF) joins shareholder advisory firms Pirc and ShareSoc in recommending the package be voted against. Kieran Quinn, chairman of LAPFF, said: “Most shareholders will, [...]