Being offensive made Donald Trump’s campaign: Now it’s killing it August 4, 2016 The world is watching Donald Trump, unhinged. Not to suggest he’s been particularly level-headed up until now. From his entry into the primaries last year to the Republican National Convention two weeks ago, Trump has walked a fine line between humour, sarcasm, and challenges to the politically-correct status quo and, every once in a while, blatant [...]
Canadian tech unicorn Hootsuite just came a step closer to an IPO – but would consider further private fundraising too August 4, 2016 Hootsuite, one of only two so-called tech unicorns in Canada, has revealed that it's generating cash for the first time, bringing it a step closer to going public. A social media tool which lets users, including businesses such as Virgin and Accor Hotels, manage accounts as well as social ad campaigns from a single dashboard, Hootsuite has passed the milestone which chief executive Ryan [...]
Before the bell: What you need to know before the US market open August 4, 2016 The Bank of England has cut interest rates and markets are loving it. Here's what you need to know before the US market open at 2:30pm London time. US stock futures are pointing up ahead of the open. The S&P is up by 0.15 per cent, the Nasdaq is up by 0.05 per cent, while [...]
The way we message now: Text and email decline with the rise of WhatsApp August 4, 2016 The nation is ditching email and text messaging in favour of instant messenger services such as WhatsApp and Facebook Messenger, the use of which has surged over the last two years. IM is the fastest growing form of digital communication in the UK, with 43 per cent of people in Britain now using it at least once [...]
Revenues up at 21st Century Fox on higher advertising spending August 3, 2016 Media conglomerate 21st Century Fox reported a mixed bag of results today, as revenues were below analysts' expectations but earnings per share surpassed estimates. Revenues were up seven per cent year-on-year to $6.65bn in the fourth quarter ended 30 June. However, this fell below projected estimates of $6.68bn. Annual revenues grew one per cent to $27.33bn. Earnings [...]
Saatchi ad boss Kevin Roberts resigns after gender row August 3, 2016 One of advertising's top bosses has resigned after a storm surrounding comments he made about women working in the industry. Saatchi and Saatchi chairman Kevin Roberts, who had been put on a "leave of absence" by the agency's owner Publicis Groupe, has said he will leave the company at the start of September. He had planned to retire in May [...]
City A.M.’s Rio 50: These are the 50 most marketable athletes at the Rio 2016 Olympic Games August 3, 2016 Do you thrill to the Mobot? Or tingle when Jess Ennis-Hill ducks for the line? Perhaps it’s Usain Bolt’s signature To Di World celebration, an Andy Murray fist pump, or gymnastics doyenne Simone Biles cheekily winking during a floor routine that brings out the goose-pimples. Everyone has their favourites: those sportsmen and women who we [...]
Brexit doom-mongers are wrong: London house prices aren’t going to crash August 2, 2016 On the morning of 24 June, as Britain woke up to the reality that as a nation we’d voted to leave the EU, it may have seemed like the world was turning on its head. The pound was crashing, stock markets see-sawed, and the political landscape of the UK was irrevocably changed. Just over a month [...]
Why Barcelona settled for Qatar Airways as shirt sponsor and will always struggle to match Manchester United’s commercial clout August 2, 2016 Despite being one of the largest football clubs on the planet, Barcelona were compelled to ignore calls from within their own fan base to cut ties with Gulf state Qatar, which included a petition signed by over 60,000 people, and sign a one-year extension to their Qatar Airways shirt sponsorship deal earlier this month after struggling to [...]
Ascential step away from print advertising exposure helps media company grow August 1, 2016 Ascential, the business-to-business media company that floated in London this year, has reported a 13.5 per cent revenue growth in the first half of the year. The figures Turnover on a reported basis was £202.5m, up from £178.4m in the first half of 2015. The company’s adjusted earnings before interest, taxation, depreciation and amortisation (Ebitda), [...]