No showstopper performance for The Great British Bake Off maker Business Turnover and profit at Love Productions, the maker of TV shows including The Great British Bake Off, both fell back during its latest financial year. The business has reported a turnover of £71.7m for 2023, down from the £79.3m it achieved in 2022. Newly-filed accounts with Companies House also show that its pre-tax profit also [...]
Big Tech is muscling broadcasters out of live sports streaming Media Traditional broadcasters might be starting to sweat. Live sports streaming has always been a cash cow, but the game is changing, and there are new players on the field. For years, Sky and BT ruled the arena of sports media rights but, over the past decade, Big Tech has been muscling its way into the [...]
Tory leadership: Kemi Badenoch’s lead drops as Robert Jenrick closes in Politics Kemi Badenoch’s poll lead amongst Tory members has dropped from 18 points to just four ahead of rival Robert Jenrick, a new survey has found. The YouGov poll with Sky News found that if Badenoch and Jenrick went head-to-head in the final round, members would choose her by 52 per cent versus his 48 per [...]
Banned Nike and Sky ads are a ‘warning to retailers’ from the ASA September 25, 2024 The UK’s advertising watchdog has banned ads from Nike and Sky on the grounds that they’re misleading in another sign that the agency has its eyes firmly peeled on the way retailers approach customers online. The ads, the Advertising Standards Agency (ASA) suggested, were designed to lure consumers in and unintentionally spend money. Commercial lawyer [...]
Ahead of the Game: ECB threatens to withhold Hundred franchise over Hampshire sale September 25, 2024 Hampshire have been warned they will be blocked from taking control of the Southern Brave if prospective new owners Delhi Capitals do not pay a fair market value for the Hundred franchise. In a significant intervention that could also apply to Yorkshire, who are in takeover talks with Sunrisers Hyderabad, the England and Wales Cricket [...]
Sky hopes Ofcom broadband reforms will attract more customers September 12, 2024 British telecom companies have long been dogged by a reputation for poor customer service and complicated processes.
‘Madness’: Sky News moves Ian King Live out of Square Mile September 5, 2024 Sky News’ flagship business programme, Ian King Live, has left its iconic Square Mile address, relocating to Sky Group’s headquarters in Osterley, City A.M. has learned. The channel initially moved its business operations to 10 Fleet Place in September 2019, where it shared a studio with sister channel CNBC Europe. However, according to correspondence seen [...]
‘It can be spaghetti out there’: can Cityfibre take on BT? August 22, 2024 The UK’s altnet industry is a tangled mess of “spaghetti” – at least, that’s how the boss of Cityfibre put it earlier this year. Altnets, or alternative networks, such as Cityfibre, Gigaclear and Community Fibre, have emerged as competitors to the UK’s broadband giants Virgin Media O2 and Openreach. Despite their smaller scale, they have [...]
BT drags down FTSE 100 after shares slump August 20, 2024 BT shares slumped five per cent in early deals this morning after it was revealed that Sky had struck a broadband deal with one of its biggest rivals. Shares in the FTSE 100 telecoms giant extended losses to trade as low as seven per cent by mid-day. The stock’s performance dragged down the wider FTSE [...]
Election 2024: Chancellor Jeremy Hunt could lose Surrey seat, exit poll projects July 4, 2024 Chancellor Jeremy Hunt could be set to lose his seat amid a historic night for Labour, according to the exit poll.