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      Liz Kendall welcomes X’s Grok changes as Ofcom probe continues

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media

  • Amol Rajan to step down from BBC Radio 4’s Today programme

    Media

    Amol Rajan is to step down from BBC Radio 4’s Today programme later this year, ending a four-year stint as one of the flagship show’s presenters, according to the BBC. Rajan will remain with the company and continue to present University Challenge as well as the Radio 4 podcast ‘Radical with Amol Rajan’. An announcement [...]

    Amol Rajan speaking at a press conference, wearing a suit and tie, addressing the media with microphones in front of him
  • LBC owner loses £140m despite revenue marching towards £1bn

    Media

    Global, the media giant behind the likes of radio stations LBC, Capital and Heart, lost £140m during its latest financial year despite its revenue continuing its march towards £1bn. The London-headquartered business, which also includes Smooth, Radio X and Classic FM, has reported its latest pre-tax loss after also losing £120.3m in the prior 12 [...]

    Global microphone symbolizing international communication and connectivity on a business news backdrop
  • Ticket touts exploit Coldplay, Oasis, Billie Eilish demand

    Coldplay, Oasis and Billie Eilish were the most touted artists of 2025, with fans paying up to £800 per ticket on resale sites, according to new research from O2. The telecoms giant, which sold 1.7 million live event tickets via its ‘Priority’ platform last year, warned that the booming secondary market is leaving millions of [...]

    Coldplay concert packed with fans as ticket prices soar on resale markets, highlighting 2025 touting issues.
  • City AM The Magazine nominated for top awards

    December 19, 2025

    City AM’s quarterly magazine has been nominated for Best Supplement in the Regional Press Awards, with editor Steve Dinneen also nominated in the Features Writer of the Year category.  The Magazine, which recently released its Winter issue featuring actor Russell Tovey on the cover, has been serving the people of the Square Mile and beyond [...]

  • Warner Bros to snub Paramount’s takeover in favour of Netflix

    December 17, 2025

    Warner Bros Discovery (WBD) is preparing to urge shareholders to reject a $108bn (£81bn) hostile takeover bid from Paramount, after one of its key financial backers pulled out of the deal. Affinity Partners, the investment firm owned by Jared Kushner, said it would no longer support Paramount’s offer, citing a shift in circumstances. “The dynamics [...]

  • BBC charter review opens with trust broken and money running out

    December 16, 2025

    The government has fired the starting gun on a charter review that will determine how the BBC is governed, funded, and held to account. Culture secretary Lisa Nandy on Tuesday launched the formal review of the BBC’s Royal Charter, setting out a broad consultation on trust and long-term funding as audience behaviour continues to shift [...]

  • Is Netflix headed for the ‘Adobe effect’?

    December 11, 2025

    Netflix, now the world’s most valuable streaming company, insists it is still in expansion mode. However, its $72bn bid for Warner Bros Discovery last Friday, and the rival, hostile counter-move from Paramount Skydance on Monday, have triggered an uncomfortable question in Hollywood and on Wall Street. Is Netflix wandering into the same trap that humiliated [...]

  • Trump won’t be able to resist shaping the future of American media

    December 9, 2025

    Less than twenty years ago, Netflix was still sending DVDs through the post. That particular innovation helped to see off Blockbuster, which crashed from a valuation of around $5bn in the early 2000s to bankruptcy in 2011. Today, Netflix has a valuation north of $400bn and is swooping on a giant of the golden age [...]

  • Netflix snaps up Warner Bros in blockbuster £54bn deal 

    December 5, 2025

    Netflix has clinched a blockbuster deal to take over Warner Bros in a major shake-up of the film and streaming industry.  In an announcement on Friday, it was formally announced that Netflix would take over the major streaming and film company Warner Bros in an agreement worth $72bn (£54bn).  Should the deal pass regulatory checks, [...]

  • Steven Bartlett hiring journalists for new tech news site

    December 1, 2025

    Dragons’ Den entrepreneur Steven Bartlett has set up his own journalism website focused on technology news, City AM can reveal. The website, Founded.com, is to report on technology companies based in the UK and US and is expected to officially launch in the middle of December. A total of 10 journalists, as well as an [...]

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