Rupert Murdoch steps down as chairman of Fox and News Corp September 21, 2023 Media mogul Rupert Murdoch has announced he is stepping down from his roles as chairman of Fox Corporation and executive chairman of News Corp.
Sky urges UK government to cut red tape and protect creative sector September 20, 2023 Sky has urged the government to loosen its regulatory grip on the creative industry, which it believes could boost the economy by £10bn.
Disney shares dip after it doubles park investment September 20, 2023 Shares in Disney have slipped more than 3.6 per cent after the Mickey Mouse creator announced plans to double investment in its theme parks.
Musk says paywall could rid X of bots but will it work? September 19, 2023 Elon Musk has hinted at the possibility of building a paywall for all users of X, formerly known as Twitter, in order to combat “vast armies of bots” clogging up the social media platform. During a live stream on X with Israel’s Prime Minister Benjamin Netanyahu, billionaire Musk said the only way to stop the [...]
Youtube halts monetisation on Russell Brand’s channel September 19, 2023 Youtube has suspended monetisation on Russell Brand’s channel for “violating” its creator responsibility policy, following sexual assault allegations against the comedian. Over the weekend a joint investigation by the Times, the Sunday Times and Channel 4 levelled accusations at Brand, which include accounts of rape, sexual assaults, and abuse spanning several years. The criminal allegations, which Brand [...]
Russell Brand: Pan Macmillan publisher ‘pausing’ all future projects with comedian September 18, 2023 Russell Brand’s publisher has announced it is “pausing” all future book projects with the comedian after allegations of sexual assault were made against him. Bluebird, an imprint of Pan Macmillan, has published Brand’s titles including Recovery: Freedom From Our Addictions and Mentors: How To Help And Be Helped in recent years. An Imprint is a [...]
Share price plummets: Sorrell’s S4 Capital downgrades outlook as tech slowdown bruises ads market September 18, 2023 Shares in Sir Martin Sorrell’s S4 Capital plunged as much as 27 per cent at market open after it reported a mix bag of updates for the first half of 2023, with a strong technology division failing to make up for a slow ads market elsewhere in the business. The firm reported an operating loss [...]
BBC Studios relaunching international news site amid licence fee freeze September 17, 2023 The BBC is gearing up for an expansion in the US market as it seeks to bolster its revenues amid challenges at home. BBC Studios, the broadcaster’s main commercial arm, is preparing to relaunch its advertising-supported news website in North America, ahead of next year’s US presidential election. Following its debut there, the revamped website [...]
‘The Czech Sphinx’ sets sights on the Telegraph September 17, 2023 Czech billionaire Daniel Křetínský has thrown his hat into the ring in a high-profile auction for the UK’s Telegraph Media Group, set to begin very soon. Křetínský, known for his energy ventures and European dealmaking, has recently joined the auction by signing a non-disclosure agreement, according to the Financial Times. The parent company of The [...]
Media bosses under fire over Russell Brand allegations September 17, 2023 Pressure is mounting on TV industry execs as allegations of sexual misconduct by entertainer Russell Brand come to light.