Sky-high pay for broadcaster chief despite poor performance August 20, 2023 Sky’s head honcho Dana Strong has pocketed more than $30m (£23.6m) in just two years making her one of the UK’s highest paid executives, despite the broadcaster’s finances taking a nosedive last year. Sky owner Comcast delivered a pay check of $15.2m to Strong in 2022, even as revenues plummeted 11.5 per cent. In 2021, during [...]
Barbie and Oppenheimer gives Everyman a £11m summer boost August 18, 2023 Everyman reported nearly £11m in revenues after Barbie and Oppenheimer – together known as ‘Barbenheimer’ – drew in record numbers of crowds. The boujee cinema chain said the lucrative film pairing, released in the final week of July, helped the group rake in a revenue of £10.6m in the month of July, up from £7.1m [...]
JD Wetherspoon chair Tim Martin hits out at Daily Mail article on panini and pint prices August 18, 2023 JD Wetherspoon issued a statement to the stock exchange this morning - confirming their ham and cheese panini comes with a free soft drink
Sir Michael Parkinson dies aged 88: Heartfelt tributes to ‘greatest interviewer of our age’ August 17, 2023 Sir Michael Parkinson has died aged 88, as tributes flowed in for the TV talk show host, also known for being the face of Axa insurance adverts for over-50s. A statement from Sir Michael’s family said: “After a brief illness Sir Michael Parkinson passed away peacefully at home last night in the company of his [...]
Another Musk mess: X goes down after ‘delay’ trial on loading news and Insta links August 16, 2023 Elon Musk’s X, previously known as Twitter, caused a brief disruption in the loading of links leading to some news outlets and social media rivals. Users attempting to access content from an affected source through X experienced a delay of five seconds, according to tests run by The Washington Post and, later, Reuters. Links to [...]
Why is Netflix jumping into the cloud gaming market? August 15, 2023 Netflix first announced its move into the cloud gaming industry back in November 2021, and it is now starting to test its games in the UK on televisions and computers as it looks to grow the service. Cloud gaming – sometimes known as gaming on demand or game streaming – allows users to play video [...]
Liberty Global inks €1.5bn deal with IT giant Infosys to scale up Horizon entertainment platform August 15, 2023 International telecoms firm Liberty Global (LG) has struck a €1.5bn (£1.3bn) deal to outsource its Horizon entertainment platform to Indian IT consultancy Infosys. The two corporate giants are poised to collaborate over a five-year period, with Infosys helping Liberty Global expand its Horizon entertainment platform, a TV and video streaming service used by over 10m. [...]
Rise of the ‘finfluencers’: Instagram, Facebook and Reddit drive investment ideas in young people August 15, 2023 Young people are increasingly turning to social media for investment ideas even as the Financial Conduct Authority (FCA) starts to whip out regulation on the field of finance influencers – or ‘finfluencers’ as they are often known as. Over a fifth of investors ages between 18 and 34 are taking investment advice such as stock [...]
BBC sells iconic Maida Vale Studios to Hans Zimmer August 14, 2023 The BBC has sold its iconic Maida Vale Studios to a partnership of film producers and composer Hans Zimmer for an undisclosed sum. Once echoing with the sounds of music legends like The Beatles, David Bowie and Dusty Springfield, the recording hub has been sold to a partnership between film producers Tim Bevan and Eric Fellner, [...]
More streaming mergers are ‘inevitable’ say experts August 14, 2023 A tie-up trend is taking root in the streaming industry. Video on demand providers are scratching around for more subscribers and trying to secure their footing in a crowded market.