Manchester City and Amazon: Why online video platforms want more sports documentaries November 12, 2017 Sports industry chatter has been dominated in recent times by the ever-looming prospect of tech giants such as Amazon, Facebook or YouTube outbidding traditional broadcasters for live rights and, in doing so, upending the consumption habits of fans. Yet while developments have undoubtedly been made in the digitalisation of live sport, neither Sky nor BT’s [...]
Stranger Things vs Mickey Mouse: How the media old guard is adapting to disruption July 17, 2019 As I discussed earlier this month, disruption is everywhere (see Five things every investor needs to know about disruption). Incumbent companies have a choice: they can either deny the changes are happening, or they can adapt to the new regime. Faced with the seemingly inexorable rise of streaming services such as Netflix and Amazon Prime Video, [...]
What happens when the ‘FAANG’ stocks lose their bite? November 29, 2018 There can be little doubt about the stars of world markets in recent years. The US has led the way, with tech companies to the fore and, at the very front of the march, the so-called ‘FAANG’ stocks of Facebook, Amazon, Apple, Netflix and Google. Still, remembering the old stock market adage ‘Tall trees do [...]
Black Friday footfall to dip as retailers extend discounting into the weekend November 19, 2018 Footfall during this year’s Black Friday is expected to slide, with fewer consumers feeling the urgency to shop on Britain’s high streets as retailers plan to extend the frenzied day of discounting into the weekend. Research out yesterday from analytics firm ShopperTrak is predicting the volume of shoppers on the high street will be 6.5 per [...]
Sears chairman Eddie Lampert makes $4.6bn offer for troubled US department store December 6, 2018 Struggling department store Sears has received an offer from chairman Eddie Lampert's ESL Investments to buy the US retailer for $4.6bn (£3.6bn). Reuters reported that Lampert’s offer calls for about 500 Sears stores to remain open and would keep 50,000 of the retailer’s workers employed. According to Reuters, hedge fund ESL, which is Sears' largest shareholder [...]
EU competition chief Margrethe Vestager threatens Google, Amazon, Apple and Facebook with tax reform November 21, 2017 Europe’s fierce enforcer of competition rules is threatening tech giants with tough new rules on tax if politicians fail to come to an agreement on changes to the current system. Efforts to amend rules that would apply tax more fairly to firms which largely operate online such as Google, Amazon, Apple and Facebook, have been [...]
Russian watchdog opens civil case against Google November 26, 2018 Russia's communications watchdog has formally opened a civil case against Google for failure to comply with state requirements to remove search results for banned websites. The watchdog Roskomnadzor said Google had not yet joined the state registry that lists all banned websites which the Kremlin believes could contain illegal information. As this leaves Google in contravention [...]
Davos 2020 live: Carrie Lam ‘disappointed’ by rating downgrade January 21, 2020 Please manually refresh this page for our latest Davos 2020 updates. The World Economic Forum at Davos is focusing on sustainability this year. US President Donald Trump is set to make a special address, despite his impeachment beginning in the Senate. Environmental activist Greta Thunberg hosts a panel session. Read more: What is Davos 2020? [...]
Why M&S’ relegation from the FTSE 100 doesn’t mean the death of the High Street September 20, 2019 Marks and Spencer (M&S) is set to be relegated from the FTSE 100 after the close of business today. This will be the first time that the company has lost its blue chip status. The UK retailer was a founder member of the FTSE 100 and a stalwart of the UK High Street. But its [...]
PA Awards 2021 November 8, 2021 Behind every great business person is an exceptional PA, EA or VA. City A.M. is once again celebrating those Personal, Executive and Virtual Assistants in a unique ceremony at Bob Bob Ricard in the heart of the Square Mile on Tuesday 7th December. This year’s event promises to be bigger and better than ever, with more [...]