Disney: Bob Iger’s Fortnite pivot pays off as attention turns to its streaming arm February 8, 2024 Disney beat expectations in its most recent quarter as it forays into the lucrative gaming market with a $1.5bn investment in Epic Games.
Future: Publishing giant ‘broadly’ meets expectations as growth strategy pays off February 7, 2024 Media company Future has said its overall performance has "broadly" met expectations in the four months ended January 2024.
Spotify share price jumps on record subscriber numbers despite £64m loss February 6, 2024 Spotify shares surged eight per cent on Tuesday after the streamer said it has hit a new record number of subscribers.
AI code of conduct ‘always doomed to fail’ say UK lawyers as guidance shelved February 5, 2024 City lawyers have said a voluntary code of conduct for artificial intelligence (AI) was "always doomed to fail".
Hipgnosis boss accused of stealing the idea for the company February 4, 2024 The music magnate boss of Hipgnosis Songs Management (HSM) is facing allegations that he stole the idea for his company.
DMG and News Corp: Competition watchdog launches inquiry into merger of Sun and Mail publishers February 1, 2024 The Competition and Market Authority (CMA) has launched a merger inquiry into the Sun and Mail publishers plans to combine print operations. Daily Mail and General (DMG Media) and News Corp UK and Ireland (NewsUK) proposed a joint venture last October which would combine the printing operations of NewsUK and DMG Media printing sites in [...]
Universal to pull songs from TikTok while demanding protection from ‘harmful effects of AI’ January 31, 2024 Universal Music has said it plans to strip its extensive song library from TikTok amid payment negotiation breakdowns.
Channel 4 to leave London headquarters and make hundreds redundant January 29, 2024 Its new plan also includes "moving out of Channel 4’s London base in the next few years", currently based at the £90m headquarters in Horseferry Road, Victoria, since 1994.
Elon Musk’s X blocks searches for Taylor Swift after deepfakes cause fan uproar January 29, 2024 Elon Musk's X has barred searches for Taylor Swift following the spread of AI-generated explicit images of the pop star on the site.
Channel 4 plots 250 job cuts amid torrid ad market January 28, 2024 Channel 4 is reportedly preparing to slash nearly 250 roles, over 15 per cent of its workforce, marking the largest cut in its history.