BBC reaches £9m financial settlement with Andrew Flintoff over Top Gear crash October 14, 2023 The BBC has reached a reported £9m financial settlement with Andrew “Freddie” Flintoff after he was hurt in a crash while filming Top Gear. The former England cricket captain, 45, appeared with facial injuries in public for the first time in September, nine months after he was taken to hospital after he was hurt while [...]
BBC and ITV suspected of competition breaches by UK regulator October 12, 2023 Britain's antitrust watchdog has opened an investigation into potential competition breaches involved in television production.
ITV: Willoughby exit could cost broadcaster £20m October 11, 2023 ITV could lose out on £20m or more as advertisers potentially cut spend following top presenter Holly Willoughby's shock departure.
London PR firm Powerscourt snapped up amid flurry of comms M&A activity October 11, 2023 US advisory business Morrow Sodali has bought London communications agency Powerscourt for an undisclosed sum, the companies confirmed today.
Netflix: Price hikes boost revenues October 10, 2023 Netflix subscriber growth in the UK is buffering but its sales rose 12 per cent last year after a rate hike.
London firm Powerscourt set to be snapped up in £50m deal October 10, 2023 London public relations agency Powerscourt is reportedly teetering on the edge of a sale to a US advisory firm in a deal which could be worth tens of millions. Powerscourt, which reps big name clients such as fashion retailer All Saints and gambling giant Entain, is set to bought by the US-based stakeholder advisory firm [...]
YouGov full year revenue surges as it mulls over listing destiny October 10, 2023 YouGov reported strong 2023 full year results, with revenue shooting up 17 per cent, as it continues to decide the fate of its listing location, currently on London's stock exchange.
Digital revenue dives for Mirror and Express publisher Reach October 10, 2023 Digital revenue was down 13.7 per cent for the owner of the Daily Mirror and OK! magazine, Reach, in its third quarter, as the group grapples with tepid advertiser demand. The publisher said the slide in digital was due to depressed open market yields and declining digital referral volumes, especially as Facebook de-prioritises news. Over [...]
Activist Nelson Peltz lifts stake in Disney as shares near decade low October 9, 2023 Activist investor Nelson Peltz has reportedly raised his fund’s stake in Disney and is eyeing multiple seats on the board for himself and his underlings. Trian Fund Managament, founded by billionaire Peltz in 2005, has increased its stake in the Mickey Mouse creator to more than $2.5bn (£2bn), according to a Wall Street Journal report [...]
LBC boss says commercial radio must ‘explore new avenues’ October 8, 2023 On its 50th anniversary, commercial radio is thriving, but the chief of a leading UK radio station has said it must stay on its toes if it wants to remain successful for another half a century. “The future of commercial radio should be continuously exploring new avenues and embracing creative approaches so we remain a [...]