Music streaming revenues overtake ownership for the first time amid shift to ‘rental’ market March 4, 2019 The popularity of subscription services reached record levels in the UK last year as music streaming revenues overtook ownership formats for the first time. Revenues from paid-for music subscription services such as Spotify jumped 39 per cent last year to £829m, meaning subscriptions now account for 62 per cent of all music revenues, according to figures [...]
Michael Cohen testimony live: Former lawyer makes explosive claims against ‘racist’ and ‘cheat’ Donald Trump February 27, 2019 Donald Trump’s former lawyer has labelled the President a "racist" and a "cheat" in an explosive testimony in front of Congress this afternoon, adding that the real estate mogul directed plans for a Russian skyscraper even during his White House campaign. At a blockbuster House Oversight and Reform Committee hearing today, erstwhile aide to the [...]
ITV and BBC announce online streaming service to rival Netflix February 27, 2019 ITV has reported boosted revenue this morning as the broadcaster announced it is in final talks with the BBC to launch Netflix rival Britbox. The figures Total external revenue was up three per cent to £3.2bn and total non-advertising revenues grew five per cent to £1.9bn, ITV said in its full-year year results for [...]
This time with Alan Partridge: Lessons from the great man February 25, 2019 I'm fairly certain that whatever the creators of Alan Partridge intended for him, it wasn’t to provide guidance for businesses. He has, however, become an unlikely icon, and when he eventually passes to the tiny studio in the sky, he’ll be granted a period of national re-runs. Many brands also aspire to becoming “iconic”, so [...]
HMV Meadowhall brought back from closure in latest reopening February 19, 2019 HMV has reopened its fifth store earmarked for closure today, as new owner Doug Putman continues his run of rental renegotiations with high street landlords. The music chain’s branch in Meadowhall, which was the only one in Yorkshire to shut down after HMV was acquired, opened up its doors this morning. We're so stoked! The [...]
Bauer Media names BBC boss Richard Dawkins as new head of European radio February 18, 2019 Media giant Bauer has named BBC executive Richard Dawkins as its new European radio boss, the company said today. Bauer, which owns radio stations such as Absolute and Kiss, said Dawkins will join the firm in late spring in the newly-created role of European radio chief operating officer. Read more: British commercial radio revenue breaks [...]
HMV to reopen Glasgow Braehead store as new owner ramps up negotiations with landlords February 15, 2019 HMV is to repoen its fourth store earmarked for closure, as new owner Doug Putman continues his run of rental renegotiations with high street landlords. The music chain's Glasgow Braehead is set to open up its doors this morning after a week of being closed, CityAM has learned. Putman has struck a deal with the outlet's landlord, Intu, after [...]
Trade minister Liam Fox urges MPs to back Prime Minister in Brexit vote February 14, 2019 Trade secretary Liam Fox has urged his Tory colleagues to fall in line ahead of a showdown between Prime Minister Theresa May and her party’s hardline Brexiters in a vote this afternoon. The motion asks parliament to reiterate its support for a previous Brexit vote, when MPs passed an amendment allowing May to return to [...]
Theresa May set for another showdown with Brexiter Tories in Commons vote February 13, 2019 Theresa May is set for another showdown with the pro-Brexit wing of her party on Thursday in a vote on the government’s negotiating strategy. The Prime Minister will ask MPs to vote in favour of a motion supporting the plan for reopening talks with Brussels, agreed to by parliament last month. While that involves backing the so-called [...]
Play the music: HMV reopens trio of stores as Putman sets sights on further rescues February 13, 2019 A trio of HMV stores earmarked for closure have been reopened this week, with more potential rescues on the horizon amid efforts from new owner Doug Putman to renegotiate rents with high street landlords. One source close to HMV said this afternoon that more stores which are currently shut "are up for grabs", although the current number is unknown. [...]