New Covid rules lay a path “towards hell” say Tory rebels December 1, 2021 New Covid rules on self-isolation have been enshrined in law until March, as Tory MPs warned the Prime Minister that restricting freedoms was a path “towards hell”.
LadBible heads for £360m London float December 1, 2021 The millenial and Gen Z digital publisher Ladbible is targeting a valuation of £360m in one of the London stock market’s biggest media industry flotations, according to reports this morning. It is understood that co-founder Solly Solomou is to sell a chunk of his stake, which will be valued at around £200m if an initial [...]
Ofcom fines O2 £150k for ‘inaccurate and incomplete information’ December 1, 2021 Ofcom has today fined O2 £150,000 for failing to provide complete and accurate information during our investigation into the company's billing issues.
Debate intensifies around the ‘morality’ of the National Lottery as a new licence decision looms November 30, 2021 The Digital, Culture, Media and Sport Committee interrogated the National Lottery this morning amidst criticism that the current operators, Camelot UK, have increased profits at a faster rate than funding for good causes.
UK competition watchdog directs Facebook to sell Giphy November 30, 2021 The Competition and Markets Authority (CMA) has today concluded that Facebook’s acquisition of Giphy would reduce competition between social media platforms and that the deal has already removed Giphy as a potential challenger in the display advertising market.
Software giant GBG reports revenue climb as online security becomes top priority November 30, 2021 GBG, one of the UK’s largest listed software companies announced a strong first half performance across all three segments with organic constant currency revenue growth of 12.6 per cent to £108.7m.
WPP snaps up Cloud Commerce Group and its £1bn gross merchandise value November 30, 2021 WPP has acquired Cloud Commerce Group (CCG), the UK-based technology company that helps brands to market, sell and deliver their products across ecommerce platforms and marketplaces globally, such as Amazon, eBay, Etsy and Wayfair.
Owner of TechRadar and Marie Claire reports revenue boom to £606m following digital push November 30, 2021 Future, owner of over 200 brands including TechRadar, Marie Claire and Real Homes, reported revenue boost of 79 per cent to £606.8m.
Impartiality continues to be a ‘complex challenge’ for the BBC says Ofcom November 25, 2021 Achieving due impartiality continues to be a “complex challenge” for the BBC, according to an Ofcom report.
The Independent on track to record best results yet November 25, 2021 The Independent is set to report its best profits yet since moving away from print in 2016 The publisher has doubled its operating profit this year and grew revenues by a third. Whilst the results are yet to be audited, this would take the Independent’s operating profit from £2.7m last year to £5.4m this year. [...]
