O2 Arena and Hammersmith Apollo owners bid for See Tickets amid ‘several very encouraging offers’ December 11, 2023 The owners of the two iconic London music venues have reportedly thrown their hats into the ring to buy See Tickets.
Hipgnosis: Embattled music fund announces sale of 20,000 more songs December 11, 2023 Embattled music fund Hipgnosis continued its bid to turn its fortunes around, with today the sale of an additional 20,000 songs for £18.4m. The sale represents one per cent of the music fund’s investment portfolio, consisting of “non-core” songs which “require time intensive, ongoing accounting and reporting obligations and do not all have perpetual ownership [...]
Telegraph takeover ‘completely unacceptable’ says former MI6 chief December 10, 2023 A former MI6 chief has sounded the alarm bells over what he calls a potentially calamitous foreign takeover of The Telegraph.
Spotify finance chief to depart following layoffs and share sale controversy December 8, 2023 Spotify’s chief of finance Paul Vogel is set to step down in March next year in the wake of a recent mass culling at the streaming giant.
BBC licence fee set to rise less than expected next year December 7, 2023 The BBC licence fee will rise from £159 to £169.50 next year, the culture and media secretary Lucy Frazer told ministers on Thursday.
Evri-one’s fed up: Ofcom reveals Britain’s least favourite delivery firms December 7, 2023 Ofcom found that two-thirds of those it surveyed said they have had a delivery issue in the past six months.
Future’s profit plunges as group strategy stumbles December 7, 2023 Media company Future plc said its full year revenue dropped to £789m, down four per cent from last year, due to poor performance in the US and a difficult ad market.
UK to replace Japan as third largest ad market globally December 6, 2023 The UK has shifted up the rankings of the largest global ad markets to third place, replacing Japan, and sitting just behind the US and China.
New BBC chair to be appointed amid licensing fee battle with government December 6, 2023 The BBC is reportedly set to appoint a British television and radio executive as chair as it faces an uphill battle with its licensing fee.
Barclay family reclaims Telegraph after paying off Lloyds debt December 4, 2023 The Barclay family has reclaimed control of The Telegraph following a repayment of £1.16bn in debts owed to Lloyds bank.