UK competition watchdog launches antitrust probe into BT’s Warner Bros Discovery tie-up June 1, 2022 UK competition watchdog has launched an investigation into BT's 50:50 joint venture with US media giant Warner Bros Discovery.
MPs wait on influencer pay review following concerns about gaps May 30, 2022 MPs have urged the government to look into pay standards across the influencer marketplace, especially following evidence of racial pay gaps of TikTok and Instagram stars.
Super Trouper deal: Firm behind ABBA Voyage holograms sells asset management division for £52m May 30, 2022 The London-listed tech firm behind ABBA Voyage Oxford Metrics has sold its infrastructure asset management division, Yotta, to Causeway Technologies £52m.
Cineworld and Imax shares fly as Tom Cruise’s Top Gun smashes blockbuster opening weekend May 30, 2022 Top Gun had a top weekend, with the blockbuster hit raking in $248m (£196m) worldwide, making it the highest-opening non-superhero movie released since the start of the pandemic.
US financial watchdog raises questions around Musk’s Twitter stake acquisition May 28, 2022 The US Securities and Exchanges Commission (SEC) has cast doubts over the legality of Elon Musk’s failure to properly disclose his acquisition of a 9.2 per cent stake in Twitter for $2.6bn, before launching his bid to takeover the social media firm. In an April 4 letter to the richest person in the world – [...]
BBC Four and CBBC shutting down as beleaguered broadcaster makes fresh cuts May 27, 2022 Around 1,000 jobs will be lost and BBC Four and CBBC will end as linear TV channels as part of the broadcaster’s plans to become “digital-first”. Director-general Tim Davie announced to staff on Thursday that 1,000 jobs will be cut across the public-funded part of the corporation. BBC World News and BBC News Channel will [...]
Sky Sports teams up with UK broadcasters to make World Cup qualifier available to all May 27, 2022 Sky has confirmed that the World Cup Play-Off Final next Sunday will be available free to air thanks to agreements with UK broadcasters ITV, STV and S4C.
Absolute and KISS launch new subscription service as radio tries to keep up with the streamers May 27, 2022 With the huge explosion of music streaming, even radio is now trying to monetise on the brave new subscription service world.
Turns out London Mayor Sadiq Khan is a big fan of ABBA May 27, 2022 It was confirmed yesterday that the Swedish band ABBA is bringing its Voyage show to London. The announcement led to City Hall putting out a statement, in which Mayor Sadiq Khan said he was “incredibly proud” to welcome ABBA to London. Khan said: “I am incredibly proud that, more than forty years since their last [...]
UK to review Altice’s 18 per cent stake in BT on national security grounds May 26, 2022 The government will launch a national security review into Altice’s 18 per cent stake in BT, business secretary Kwasi Kwarteng announced today. Kwarteng has used new powers as a part of the National Security Act to examine the French telecommunications group’s stake in BT amid speculation that Altice’s chair Patrick Dahi wants to make a [...]