BBC gets borrowing boost to compete with Netflix and Amazon Prime October 28, 2021 The BBC has been given a £400m borrowing boost by the government as it tries to keep up with the streaming giants.
Thousands sign transphobia letter to the BBC October 28, 2021 More than 10,000 people have signed a letter accusing the BBC of transphobia.
Facebook crashes… again October 28, 2021 Hundreds have reported an outage on the Facebook platform this morning, just weeks after the site globally crashed for eight hours. Problems were said to start in the UK around 9am this morning but it’s currently unclear whether this was a Facebook-wide issue. Downdetector tweeted from its UK account: “User reports indicate Facebook is having [...]
Sony has one per cent profit rise, despite PS5 supply complexities October 28, 2021 Japan's Sony Group announced a surprise 1 per cent rise in operating profit for its second quarter though costs from growing sales of its PlayStation 5 (console pressed on margins.
Tycoon Lord Rothermere requests yet another extension to make an offer for the Daily Mail Group October 28, 2021 With negotiations taking much longer than expected, newspaper tycoon Lord Rothermere has requested another one-month extension to make an offer for the group that owns the Daily Mail, Mail on Sunday and Metro newspapers.
WPP’s revenue boom as they reshape their offer October 28, 2021 WPP, the communications and advertising holding company, reports a strong third quarter.
Radio is very much alive, with the highest audience ever recorded October 28, 2021 Commercial radio is reaching 36.8 million people across the UK, the biggest audience it has ever recorded, according to official audience data provided by RAJAR, the body responsible for measuring radio audiences.
The Budget: Sunak returns pupil funding to “2010 levels” October 27, 2021 Chancellor Rishi Sunak announced that per pupil funding would return to “2010 levels” in real terms by 2024-25, making an extra £4.7bn available. Sunak makes £2.6bn available for new school places for children with special educational needs and disabilities in England, more than tripling current capital funding levels to over £900m by 2024-25. On the pandemic, Mr [...]
The Budget: Sunak pushes for high-skilled migration with scale-up visas October 27, 2021 Chancellor Rishi Sunak has announced a push for "high-skilled migration" to attract the best global talent.
Spotify shows market expansion and subscription boost in thriving third-quarter October 27, 2021 Spotify reports a strong third-quarter, with nearly all of their major metrics finishing better than expected. Their revenue of €2.5bn (£2.1bn) grew 27 per cent year-on-year in Q3, with premium revenue up 22 per cent to €2.2bn (£1.9bn). The streaming giant showed significant advertising strength, with Ad-Supported revenue growing 75 per cent to €323 million [...]
