Publishers dodge ‘bankruptcy for reporting the truth’ as government axes Section 40 court fees for press THE PRESS The government is set to repeal a crippling legal provision that pushes newspapers to pay both sides of court costs for defamation and privacy regardless of whether it wins or loses them.
Aussie media firms have raked in £111m from Google and Facebook since law shake up ONLINE SAFETY A new report has revealed that Australian media firms have raked in A$200m (£111m) from Google and Facebook since last year’s regulatory crackdown that forced tech giants to negotiate payment terms.
New cryptocurrency named ‘JRR Token’ blocked by lawyers for Lord of the Rings creator Tolkien Lawyers representing the estate of Lord of the Rings creator JRR Tolkien have taken action against the developer of a cryptocurrency named “JRR Token”. Representatives of the Tolkien estate said the product, which was launched in August 2021, infringed the trademark of the world-famous author. The domain name “jrrtoken.com” was successfully recovered without opposition by [...]
Murdoch accuses Google and Facebook of trying to ‘silence conservative voices’ November 18, 2021 Rupert Murdoch has accused tech giants of trying to “silence conservative voices” and “censorship”.
Former F1 boss weighs in on £3bn bidding war for Playtech November 17, 2021 Former formula one team-owner, Eddie Jordan, is reportedly part of a consortium entering the contest to snap up a London listed gambling software company. A firm founded by Jordan is working with a US investor, believed to be Centerbridge Partners, on financing an offer for Playtech, Sky News first reported. A source told Sky News [...]
Daily Mail publisher DMGT announces leadership shakeup November 16, 2021 The chief executive of dmg media is stepping down after 25 years triggering a leadership shakeup. Kevin Beatty is stepping down as of today and DMGT has announced plans to hand over leadership to internal hires with experience at the company. Rich Caccappolo, the current chief operating officer of the Mail Online will take over [...]
TV channels bet on weather reports to pump up their ratings October 25, 2021 Fox News is set to launch a new app to stream weather programming live, 24 hours a day.
Rupert Murdoch’s News Corp snaps up oil pricing and analytics company for $1.15bn August 2, 2021 Murdoch-owned News Corp has inked a deal to buy a petroleum analytics provider from S&P Global and IHS Markit for $1.15bn (£830m) in cash. Oil Price Information Service (OPIS), which provides pricing and analysis for the fuel industry, will become part of Dow Jones’ growing Professional Information Business (PIB) which includes Dow Jones Risk & [...]
Murdoch shuts down aggregation site Knewz after 18 months July 9, 2021 Rupert Murdoch’s media empire has shut down its news aggregation site Knewz after just 18 months, saying it had failed to pull in a profit. News Corp set up Knewz in January 2020 in a bid to claw back advertising revenue from Google. The site, which had a garish yellow backdrop, aggregated news articles from [...]
Murdoch’s News UK ‘held talks’ over BT Sport tie-up June 22, 2021 Rupert Murdoch’s News UK is said to have eyed up a partnership with BT’s TV division as the mogul looks to secure the future of his media empire. News UK, which publishes The Sun and The Times titles, held talks with the telecoms giant over a potential tie-up with BT Sport. Bankers from Lazard were [...]