Activist investor Daniel Loeb retracts calls for Disney’s ESPN sale September 12, 2022 Activist investor Daniel Loeb has backed off from pushing Walt Disney to spin off ESPN, stating that he now has a “better understanding” of the potential for growth. In a tweet last night, Loeb wrote: “We have a better understanding of @espn‘s potential as a standalone business and another vertical for $DIS to reach a [...]
Disney boss pushes back against ESPN sale September 11, 2022 Disney boss has pushed back against calls to sell up or spin off its sports arm, ESPN.
Former Disney chief says he didn’t buy Twitter because of bot concerns September 8, 2022 Disney’s former chief has said the company did not purchase Twitter back in 2016 because a “substantial portion” of its users “were not real”. Speaking at Vox Media’s Code Conference, Bob Iger explained that the media giant had debated snapping up the social media firm, but decided against it. “We did look very carefully at all of [...]
BBC One and ITV suspend programming due to concerns about Queen’s health September 8, 2022 BBC One has suspended all programming until 6pm in light of the news about Her Majesty The Queen's health.
Exclusive: Three quarter of Brits pay for subscriptions they don’t use September 8, 2022 Three quarters of Brits who have subscriptions say they are currently spending on services they don’t regularly use.
Keeping up with private equity: Kim Kardashian launches investment firm with former Carlyle exec September 7, 2022 Having dabbled in the world of crypto, Kim Kardashian is now turning her hand to private equity.
Liz Truss’s fashion journey to Downing Street: From fluorescent suits to Thatcher bows September 6, 2022 Liz Truss’s journey from Liberal Democrat speech-maker to Conservative Prime Minister has involved a number of eye-catching moments, not least the colourful outfits she has worn. Whether standing on a podium, striding to and from 10 Downing Street, or hitting the campaign trail, the latest UK leader has made a name for herself with a [...]
BBC chiefs can’t rule out further cuts as licence fee freeze stings September 6, 2022 BBC chiefs have not ruled out further cuts to services as the broadcaster continues to feel the ramifications of the licence fee squeeze.
BBC brings in Bain & Co to help make a licence fee freeze plan September 5, 2022 BBC have called in Bain & Co to review its funding strategy as the licence freeze sinks in for the broadcaster. The world-leading consultancy will be helping the Beeb put together a wide-ranging blueprint for its future, as first reported by Mark Kleinman for Sky News. Nadine Dorries confirmed in January that the BBC licence [...]
Netflix pushes forward with ads offering as new players continue to pile in September 5, 2022 Netflix is reportedly bringing forward the launch of its cheaper ad-supported tier as the streaming giant tries to keep hold of a dwindling subscriber base.