New streamer: SkyShowtime to launch in Europe this year after passing regulatory hurdles February 2, 2022 Comcast and ViacomCBS today announced that SkyShowtime, their new streaming joint venture, has received full regulatory approval and plans to launch in more than 20 European markets hitting 90 million homes starting later this year. SkyShowtime chief exec Monty Sarhan, said: “We are pleased that SkyShowtime has received all regulatory approvals and are excited to [...]
Northern Ireland minister calls for food border checks to end at midnight as Brexit row heats up February 2, 2022 Irish Sea border checks on British agri-food exports to Northern Ireland have been ordered to stop from midnight tonight by the Democratic Unionist Party, undermining the hard Irish border. Agriculture minister Edwin Poots has called on his officials to halt the checks, which are required under the Northern Ireland Protocol. Poots has initially made the threat [...]
CNN President Jeff Zucker resigns after secret colleague relationship February 2, 2022 CNN Worldwide chief Jeff Zucker said that he will be resigning, with immediate effect. Zucker said in a memo, “As part of the investigation into Chris Cuomo’s tenure at CNN, I was asked about a consensual relationship with my closest colleague, someone I have worked with for more than 20 years. I acknowledged the relationship [...]
Vodafone chief calls for consolidation amid fears European mobile operators are falling behind February 2, 2022 Vodafone chief urges policymakers to allow European mobile operators to merge and consolidate as firms feel mounting pressure. European telecoms companies face a bill of up to €300bn to roll out super fast 5G across the continent, which some argue is made harder by regulators demanding multiple operators compete in each market to keep consumer [...]
Google parent Alphabet beats revenue estimates bringing it closer to $2 trillion club February 2, 2022 Google parent Alphabet beat analysts’ estimates for quarterly revenue last night, as businesses spent heavily on online ads to attract customers during the Christmas shopping period. Revenue rose to $75.33bn (£55.69bn) in the fourth quarter from $56.90bn (£42.1bn) a year earlier, well above Wall Street estimates of $72.17bn (£53.35bn), according to IBES data from Refinitiv. [...]
The New York Times hits 10m subscriber target thanks to The Athletic and game expansion February 2, 2022 The New York Times surpassed market expectations today as digital subscriptions boomed for the 170-year-old newspaper.
Women could pump £2.2 trillion into global investments if hurdles were removed February 2, 2022 New data has revealed that women could add more than $3 trillion (£2.2 trillion) to global investments if the opportunities were levelled and barriers were broken.
Staff at financial watchdog back action over pay February 1, 2022 Employees at the UK’s financial watchdog have voted to go on strike over proposed changes to pay and benefits at the agency. Unite the union said members who work at the Financial Conduct Authority (FCA) have voted overwhelmingly to take industrial action, with 87 per cent supporting the plans. This means that Unite can now [...]
Openreach chief pulls out of Ofcom chair race February 1, 2022 Chairman of Openreach, BT Group's broadband infrastructure arm, has pulled out of the race to lead Ofcom according to Whitehall sources.
Warner Music Group scrap unrecouped label balances for heritage acts as streaming hits artists hard February 1, 2022 Warner Music Group and Universal Music have announced they will be introducing a “legacy unrecouped advances program”, cancelling out unrecouped label balances from thousands of artists.
