Daily Mail and MoS publisher proposing ‘some reduction’ in staff amid restructuring March 2, 2023 The publisher of the Daily Mail and Mail on Sunday has confirmed some roles at the newspapers are set to be cut amid a restructuring. In an email to staff, Ted Verity, editor of Mail Newspapers, said that parent firm DMGT was proposing “some reduction” in headcount at its print titles. The two papers will [...]
ITV’s revenue up and profit down as I’m a Celeb broadcaster invests heavily in streaming and on-demand TV March 2, 2023 ITV had a mixed 2022 thanks to “deliberate strategic actions”, as revenue went up almost seven per cent while profit dipped due to lower advertising intake. The TV channel and on-demand service reported studio revenue of more than £2bn, a 19 per cent rise on 2021 by more than £300m. Its total group revenue was [...]
Arsenal, Manchester City, Chelsea and Call of Duty: The perfect storm that drove UK broadband traffic to record levels February 22, 2023 The top-of-the-table Premier League match between Arsenal and Manchester City pushed UK broadband traffic to record levels last week, City A.M can reveal. The eagerly anticipated fixture, which was only available to stream, helped traffic on the country’s biggest broadband network to reach a new peak of 29.1 terabits per second (Tb/s). BT and EE [...]
Future’s bright: Digital media giant behind Marie Claire and GoCompare names new CEO February 22, 2023 Future, the media company which owns brands including Marie Claire and GoCompare, has unveiled its new chief executive. Jon Steinberg will join Future on 3 April, following the resignation Zillah Byng-Thorne last September, following a decade at the helm. The company was founded in 1985 and has more than 220 companies, ranging from magazines and [...]
BT Sport to become TNT Sports: Here’s what it means for price, programming and existing customers February 21, 2023 BT Sport is to be rebranded as TNT Sports in the first major development of the joint venture between BT Group and Warner Bros Discovery. Under the rebrand, which will take place in July, programming will stay largely the same, with TNT Sports remaining centred around live Premier League and Champions League football, domestic and [...]
Meta turns to paid-for verification as data reveals privacy concerns among UK users February 20, 2023 Facebook and Instagram owner Meta will soon role out a paid-for verification model, copying a similar move by rival social media platform Twitter. In a bid to claw back credibility, Meta chief executive Mark Zuckerberg revealed he was launching a new subscription service, which promised more personal security for users, for between £10-12.50 a month. [...]
The Musk effect: Meta testing Facebook and Instagram subscription service for £10 a month February 20, 2023 Meta is testing a new subscription service that would let Facebook and Instagram users pay for a verified account – taking a page out of Elon Musk and Twitter’s book. Meta CEO Mark Zuckerberg announced Meta Verified on his social media accounts on Sunday. Testing will begin in New Zealand and Australia this week and will roll [...]
Cost of living: Brits switch to discount brands while 1.7m have cancelled subscriptions like Netflix, reveals Lloyds February 17, 2023 A fifth of people polled by Lloyds Bank have switched to discount brands in a bid to save cash to cope with the cost of living, while 1.7m have cancelled subscriptions like Netflix, it has been revealed. The shift to discount shopping has been significant during the cost of living crisis, with an 18 per [...]
Neeva eyes future London growth as part of wider European expansion February 15, 2023 Neeva founder and former Google ads boss Sridhar Ramaswamy has endorsed London as a world class place for tech innovation as he rolls out his AI-powered startup across Europe. Speaking with City A.M., the former Silicon Valley exec turned search-engine startup founder said being in places like London is “top of mind” for Neeva as [...]
Twitter: Musk wants new CEO by end of year, as he warns of AI regulation and insists there are no aliens February 15, 2023 Billionaire Elon Musk has said he anticipates finding a chief executive for Twitter “probably toward the end of this year”. Speaking via a video call to the World Government Summit in Dubai, Musk said making sure the platform can function remained the most important thing for him. “I think I need to stabilise the organisation [...]