Is there such a thing as a ‘fair’ price? Definitely, maybe… September 11, 2024 Oasis tickets have stirred controversy, but the question of how prices are set in a market goes all the way back to Alfred Marshall and Francis Edgeworth, says Paul Ormerod The pricing of tickets for the forthcoming Oasis tour has stirred up a major controversy. This is not just on social media. Lisa Nandy, the [...]
Transport for London selects Global and JCDecaux to run ad estate September 10, 2024 Transport for London (TfL) has selected Global and JCDeacux to run its lucrative advertising estate, following a hotly-contested tendering process. Global continues its stint managing advertising sites on the Tube, London Overground, DLR, Tram and across the Elizabeth Line. JCDecaux, the French multinational ad corporation, will manage advertising at more than 4,700 bus shelters across [...]
Redbird IMI sells The Spectator to Sir Paul Marshall for £100m September 10, 2024 Redbird IMI has sold The Spectator magazine, part of the Telegraph Media Group, to hedge fund magnate Sir Paul Marshall’s Old Queen Street (OQS) Media for £100m. OQS Media owns and operates the online magazine UnHerd, the Old Queen Street Café, the UnHerd Club and CoEditor Limited, a publishing technology startup. Sir Paul Marshall, also [...]
Ofcom launches review as online news overtakes TV for first time September 10, 2024 Ofcom’s annual study shows that 71 per cent of adults in the UK now get their news online, just pipping the 70 per cent that get it on the box.
Sex workers are the forgotten victims of debanking September 10, 2024 Banks are systematically discriminating against sex workers and putting them at risk of doxxing, financial exploitation and violence, says Jessica Van Meir A new Financial Conduct Authority report has slipped out quietly, addressing concerns around debanking, and containing a pretty revolutionary admission. The City watchdog says banks are systematically denying or terminating accounts to adult entertainment businesses, [...]
Publishers rally as Google advertising antitrust trial restarts in US September 9, 2024 One month after a US court ruled that Google illegally maintained its monopoly on internet search, the tech giant is back in the dock. This time, Google’s lucrative online advertising business, which last year raked in nearly $240bn (£183bn), is under fire, with the US Department of Justice (DOJ) and 17 states accusing its parent company, Alphabet, of monopolising digital [...]
Top hire for British luxury watch brand Christopher Ward September 9, 2024 Luxury watch brand Christopher Ward has appointed an advertising and marketing veteran as its new chief operating officer. Sarah Baumann will join the Maidenhead-headquartered brand on 23 September, having most recently been managing director of social media and influencer agency, The Wild by Jungle from February 2023 to March this year. Prior to that, she [...]
Back at square one: Crowdcube co-founder Darren Westlake embarks on bold new venture following exit September 9, 2024 Two decades ago, Darren Westlake set out to transform startup funding in the UK with the launch of Crowdcube. Fast forward 20 years and the entrepreneur finds himself in a familiar position – back at square one – after stepping down as CEO of the platform last year to “start again.” His new project, Disco, [...]
Ukraine destroys scores of Russian drones as long-range attacks continue September 7, 2024 Scores of drones were shot down over Ukraine on Saturday as the country continues to face increased long-range bombardment from invading Russian forces. The Ukrainian Air Force said 67 drones were launched over the country overnight, with air defences active in 11 regions, including in the capital, Kyiv. Fifty-eight drones were shot down, with three [...]
Ticketmaster’s dynamic pricing is hypocrisy in action September 6, 2024 There is nothing like the shrill clatter of the hoves of hypocrisy across the cobbles of capitalism to set one’s teeth on edge. Like the squeal of chalk across the blackboard, it discombobulates in a most uncomfortable way. So just what it is that has me clenching my jaw and wishing the noise would stop [...]