NBA TV deal could be worth more than the Premier League’s September 9, 2014 The National Basketball Association (NBA) is on the verge of reaching a new TV deal with ESPN and Turner Broadcasting (TNT), according to reports. The deal would be worth more than $2bn a year, making it more valuable than the bumper domestic broadcasting deal signed by the Premier League two years ago. [...]
ITV ups the ante with call for Sky and Virgin to pay to broadcast its shows September 8, 2014 ITV chief executive Adam Crozier yesterday upped the ante on BSkyB and Virgin Media as he called for the government and its regulator Ofcom to force the pay TV firms to pay to broadcast ITV’s shows. Under the current model pay TV operators Sky, Virgin Media, BT and TalkTalk all broadcast the UK’s so-called Public [...]
Phones 4U eyes sale after conscious uncoupling with Vodafone September 7, 2014 All options are being considered at struggling high street mobile retailer Phones 4U after the firm was dropped by its key partner Vodafone in favour of a deeper contract with rival retailer Carphone Warehouse. During a call with the firm’s investors last Monday chief executive David Kassler said deep cost-cutting or a sale or merger [...]
City AM awards: Business of the Year nominees announced September 7, 2014 I have great pleasure in introducing the first of our shortlists for the annual City A.M. awards. As ever, the awards have attracted nominations from all sorts of diverse businesses and people who have done great things during the course of the past year, a year of recovery in the UK. We have taken on [...]
And the nominees are… September 7, 2014 TOMORROW: ACCOUNTANCY FIRM OF THE YEAR ALDI The German discounter has taken the British high street by storm. Aldi now has a 4.6 per cent share of the UK market, up more than one third in a year due to consumers choosing its quality and low prices over the more established retailers. It has even [...]
City Moves for 08 September 2014 | Who’s switching jobs September 7, 2014 Standard Chartered Karin Flinspach has been appointed head of cash products, transaction banking at Standard Chartered. She has over 20 years’ experience in cash products, and was most recently head for payment and receivables for Europe, Middle, East and Africa at Citibank. Centrus Advisors The Treasury, corporate and project finance advisory firm has appointed Jonathan [...]
Wieden + Kennedy’s Neil Christie: The man behind Three’s Dancing Pony on the secrets of good viral marketing September 7, 2014 As one of the biggest independent agencies in the world, Wieden and Kennedy (W+K) is an increasingly rare variety of heavyweight in a media industry frequently characterised by its consolidation. Over three decades after its inception in Portland, Oregon, the firm now has eight offices around the world, and a solid reputation for its creative [...]
CityFibre rolling out in Aberdeen September 3, 2014 WHOLESALE fibre operator CityFibre will begin building out a new fibre network in Aberdeen by Christmas, with the goal of bringing superfast gigabit fibre to the Scottish city. Aberdeen will bring CityFibre’s network – which it resells as an alternative to BT, to councils, businesses and internet providers (ISPs) – to more than 57 towns [...]
RAC drives on with Rake amid flotation boom August 31, 2014 RAC has appointed CBI president Sir Michael Rake as its chairman today, as the major UK roadside breakdown recovery and car insurance firm considers whether to go ahead with a potential float this month, with the possibility of a retail offering. Rake has a wealth of board experience, also currently serving as chairman of major [...]
Netflix poised to scoop another 6m European users in five years August 25, 2014 Europe could bring another six million subscribers to Netflix by the end of 2018, as the online streaming video service prepares to launch in six new European countries next month, according to researcher IHS. Netflix, which has 50m subscribers globally, is not just disrupting distribution – putting traditional players like Sky and BT in the [...]