ITV: Shares drop after revenue plunges at production arm November 7, 2024 A drop in revenue at ITV studios due to the ongoing effect of the US writers’ strike has pulled profit down, with cost savings and an increase in advertising revenue failing to offset the fall. The company’s share price fell nearly eight per cent in early trades. Group revenue in the first nine months of [...]
As America votes, can US democracy survive without a WaPo endorsement? November 5, 2024 The US election has given rise to a huge number of divisive, potent and important debates. For many people, regardless of whether they even have a vote in this race, the contest has raised questions about the viability of American democracy itself. Those questions are likely to linger long after the close of polls and, [...]
Financial Times battles misinformation and rising costs as readership drops October 10, 2024 The number of people picking up a physical copy of the Financial Times has dropped amid the title battling rising costs – including hiring more journalists. The broadsheet said its operating profit fell by £4.56m year on year, from £13.41m to £8.95m, in newly-filed accounts with Companies House. The dip was “in part the result [...]
The Debate: Are there too many podcasts? October 3, 2024 Is it time to take the airpods off and talk to people in real life?
Business leaders must seize the opportunities of the new media age October 2, 2024 Understanding the new media age is a must for bosses, argues Grayling CEO Heather Blundell Almost 30-years ago, in 1996, Bill Gates wrote his seminal essay, “Content is King,” examining the paramount importance of content in the digital era. The future he envisioned – a print press evolving into electronic online editions with deeper and [...]
M&C Saatchi: ‘Significant improvement’ in profitability as problems ease September 18, 2024 Ad agency M&C Saatchi said that cost-saving measures had contributed to a much-improved performance in the first half of the year, adding that it was “excited” about the future. The company told markets this morning that revenue grew by six per cent in the six months to 30 June, with 12.9 per cent growth in [...]
All3Media: The Traitors maker still in the red before £1.15bn RedBird IMI takeover September 6, 2024 Turnover dropped below the £1bn mark at TV and film production powerhouse All3Media, which is behind the likes of The Traitors, in the year before it was acquired by RedBird IMI, the investment fund helmed by US media titan Jeff Zucker. The London-headquartered company was snapped up from Warner Bros Discovery and Liberty Global in [...]
How brickies built the UK’s fastest growing radio broadcaster September 5, 2024 Video may have killed the radio star, but builders are bringing it back. Fix Radio CEO Louis Timpany tells City A.M. how he built the UK’s fastest growing national broadcaster.
Canal+: Meet the Paddington and Back to Black producer set to give the City a boost July 24, 2024 Vincent Bolloré, the French media tycoon, has decided that Canal+, the television business of his Paris-based conglomerate Vivendi would be best off listed on the London Stock Exchange.
The Notebook: Sheerluxe’s ‘AI fashion editor’ shows perils of trying to be cutting edge July 18, 2024 Sheerluxe's decision to hire an 'AI-enhanced fashion editor' shows the perils of trying to be cutting edge, writes Anna Moloney.