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. [...]
CMA must investigate the online advertising market, government report states February 11, 2019 The online advertising market must face a probe by the competition watchdog amid concerns tech giants are putting the future of quality journalism at risk, a major government report has found. In its findings published today, the Cairncross Review called on the Competition and Markets Authority (CMA) to investigate the online advertising market to ensure [...]
Revolut’s Valentine’s Day advert caused a social media storm – and shows the pitfalls of using comedy in marketing February 11, 2019 Roses are red, violets are blue, there’s a company in hot water and it’s called Revolut. The fintech challenger bank, which offers a mobile-based banking service, recently launched a new ad campaign of Tube posters that joked about the spending habits of its customers. One of the four adverts read: “To the 11,867 people who [...]
Premier League plots streaming service for live football matches February 10, 2019 The Premier League is planning to launch its own streaming service for live football matches in a bid to bypass broadcasters and boost revenues. The Netflix-style streaming service was due to be tested in Singapore, but the Premier League backed out of the project. Instead, the league sold rights to the next three seasons to Singapore [...]
UKTV boss Darren Childs to step down ahead of £1bn BBC breakup February 7, 2019 UKTV chief executive Darren Childs is stepping down after eight years in the role ahead of a proposed £1bn breakup of the broadcaster. Childs, who has overseen a 66 per cent increase in revenues and nearly tripled profits during his time at the firm, will step down on 1 July. He has been tipped as [...]
Facebook must face the same regulation as other media outlets, says former Tory digital minister February 4, 2019 Facebook is not capable of regulating itself and should be subjected to strict government oversight, the former minister for digital and culture has said. Tory MP Ed Vaizey today waded into the debate around regulation of big tech companies, saying Facebook must take responsibility for the content published on its platform. Read more: Social media sites should [...]
Social media sites should have legal duty over child safety, says children’s commissioner January 30, 2019 Social media platforms must do more to protect children from harmful material on their platforms, the children’s commissioner has said. Anne Longfield today penned an open letter to social media giants urging them to take legal responsibility for the safety of children on their sites. Read more: Facebook tightens ad rules for EU political parties ahead [...]
City Hall and BBC under fire over stamp duty agreement for new Olympic Park studios January 29, 2019 City Hall has come under fire for agreeing to underwrite half of the stamp duty that could be levied on the BBC when it opens new studios in the £1.1bn Olympic Park development. Last summer the broadcaster announced it would build a brand new set of studios at the east London site by 2022/23, in concert [...]
Facebook’s popularity among children wanes as social media safety concerns deepen January 29, 2019 Facebook’s popularity among children slipped in 2018 as more young people look to Instagram for their social media updates, according to an Ofcom report. While Facebook remains the most popular social media site among 12 to 15-year-olds, only 31 per cent of people in this age range named it as their main site or app, [...]
Conde Nast launches new online magazine Vogue Business for fashion professionals January 28, 2019 Conde Nast International is launching a new business magazine aimed at professionals in the fashion and luxury industries as it looks for new revenue sources amid a tough climate for publishers. Vogue Business will be online-only and will launch as a bi-weekly newsletter, with a view to switching to a paid model in the future. [...]