Universal Music launches Capitol Records China in a push to catch industry’s ‘fastest-growing market’ March 3, 2022 Universal Music has expanded its Chinese division, with the launch of Capitol Records China as a new frontline label focused on signing and developing Chinese music talent.
Spotify shuts Russian offices ‘indefinitely’ March 3, 2022 Spotify said it has closed its Russian office “indefinitely” following Putin’s invasion of Ukraine. However, in contrast to many tech firms, including Google and YouTube, Spotify has not restricted its services in the country. A Spotify representative confirmed the news to Variety, and commented: “We think it’s critically important to try to keep our service operational [...]
BBC kicks off 10-point impartiality review March 3, 2022 The BBC have announced that Sir Andrew Dilnot and Michael Blastland will chair and author the BBC’s editorial review into its taxation and public spending output.
CNN set to launch new streaming platform despite imminent Discovery takeover March 3, 2022 Cable giant CNN has confirmed it will be launching a news and entertainment streaming service, CNN+ in the spring, seemingly sidetracking Discovery’s imminent takeover. Following the lead of other media giants, CNN will launch with a promotional price of $2.99 a month, which will then be hiked to $5.99, the same price as Fox Nation, [...]
OneWeb suspends satellite launch following Russian invasion March 3, 2022 Broadband firm OneWeb has said it will be suspending its Baikonur satellites launches following the ongoing invasion of the Kremlin in Ukraine. The tax-payer backed company came under fire for supposed plans to go ahead with the launch of 36 satellites using Russian Soyuz rockets. A spokesperson from OneWeb said this morning: “The Board of [...]
Are charities losing our trust and donations? March 3, 2022 The UK charity sector needs to rethink its foundations, writes Leah Montebello
Darktrace reports profits boost as pandemic continues to suppress costs March 3, 2022 Cybersecurity giant Darktrace lifted its revenue expectations for the year today as it reported a jump in revenue and profits for the first six months of its financial year.
Billboard teams up with Universal Music to create NFT digital collectibles March 2, 2022 Music big names Billboard and Universal Music Group have teamed up to launch ChartStars, a non-fungible token (NFT) based project of curated digital collectibles that will leverage the environmentally friendly Flow Blockchain. The launch of ChartStars marks Billboard’s first scalable NFT product geared toward music fans. It will be a collection of artist-focused digital artwork that commemorates achievements and milestones [...]
Fitbit recalls more than a million smartwatches amid burn injuries March 2, 2022 Fitbit has recalled more than a million of its Ionic smartwatches after reports that some users are being burned from overheating batteries. The U.S Consumer Product Safety Commission (CPSC) said today that Google-backed Fitbit had received at least 115 reports in the United States and 59 from abroad about the issue. “These incidents are very [...]
Streamer turned gamer: Netflix snaps up Walking Dead publisher Next Games in £54m deal March 2, 2022 Netflix becomes the latest tech firm to pivot into the world of gaming, with the streaming giant announcing its acquisition of Finnish firm Next Games in a €65m (£54m) deal.
