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WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Ogilvy, which has previously worked with a host of pharma groups including Pfizer and Johnson & Johnson, is launching a business that offers vetted influencers to talk about illnesses and possible solutions...
April 23, 2024
Digital Media
Independent in talks to take control of BuzzFeed and HuffPost in UK
...The Independent, the British media group, is in talks to take control of the operations of BuzzFeed and HuffPost UK, as it seeks to build scale in a tougher climate for advertising revenues....
February 15, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Reddit Inc
Reddit’s pre-IPO roadshow to kick off next week
...But NYSE has quietly carved out a niche hosting social media groups. Its pitch to encourage Reddit to choose the so-called big board included a substantial marketing package....
March 7, 2024
Apple Inc
Independent record labels push back on Apple’s pay plans
...Some of the most influential independent record groups — Beggars Group, the company behind Vampire Weekend and Adele; Secretly, which houses acts including Phoebe Bridgers and Bon Iver; and Partisan Records...
February 2, 2024
TikTok Inc
Universal Music impasse with TikTok threatens to take more tracks off platform
...The stand-off is among the most heated clashes between tech giants and media groups in recent memory, as they battle for control over the future of entertainment....
February 28, 2024
Due Diligence
Redstone’s new Paramount and Skydance merger offer Premium content
...Here’s what Europe’s biggest private equity groups did so right, writes Craig Coben at Alphaville....
April 30, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
Paramount Global
Skydance in exclusive merger talks with Paramount
...The move comes after Paramount’s board spurned a bid from Apollo to buy out all of the media group’s shareholders at a valuation of between $17 and $19.50 a share, according to people briefed on the matter...
April 3, 2024
Trump Media & Technology Group
Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’
...Devin Nunes, chief executive of Trump Media & Technology Group, wrote to the head of the Nasdaq exchange this week “to bring your attention to potential market manipulation” of the company’s stock, according...
April 19, 2024
Taylor Swift
Taylor Swift’s return to TikTok puts her at odds with Universal
...The stand-off is among the most heated clashes between tech giants and media groups in recent memory....
April 11, 2024
Donald Trump
Donald Trump has $4.6bn stake in social media group after market debut
...Trump Media & Technology Group, the company behind his Truth Social platform, rose as high as $79.38 a share from the previous day’s price of $49.95, before closing up 16 per cent at $57.99....
March 26, 2024
Elon Musk
Tesla chief Musk meets China’s premier in Beijing
...The Tesla chief also met Ren Hongbin, chair of the China Council for the Promotion of International Trade, a commerce ministry group, according to Chinese state media....
April 28, 2024
Reddit Inc
Reddit shares soar 48% in New York IPO
...During its roadshow, Reddit said it planned to diversify its revenues, for example adding ecommerce features and selling its data to AI groups....
March 21, 2024
Tesla Inc
Tesla shares surge after Elon Musk secures deal with China’s Baidu
...“Going balls to the wall on autonomy is a blindingly obvious move,” Musk wrote on X, his social media platform, earlier this month....
April 29, 2024
Adidas AG
Adidas delaying launches of premium trainers to maintain exclusivity
...Adidas has claimed that demand for some of its shoes including the Gazelle and Samba models is so high it is delaying product launches to maintain the brand’s appeal as the German sportswear group reported...
April 30, 2024
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...It could also benefit other social media platforms if users turn to alternative apps seeking similar experiences....
April 24, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Warner Bros Discovery, Inc
Warner Bros Discovery aims for global market with Europe launch of Max
...Perrette said that the group was “way ahead of what we thought we’d do” in driving profits from its streaming platform. WBD will also start to crack down on password sharing among its existing users....
March 21, 2024
TikTok Inc
Universal Music set to pull songs from TikTok after negotiations break down
...The big music companies earn billions of dollars a year through royalty payments from streaming services and social media sites including Spotify, Apple and Meta....
January 31, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...It also opened proceedings against Meta over whether the group’s new “pay or consent” subscription model complied with the DMA requirement for gatekeepers to obtain user agreement to “combine or cross-use...
March 25, 2024
World Wrestling Entertainment, Inc.
Netflix strikes $5bn deal to livestream WWE’s Raw show
...Netflix has agreed a $5bn deal to screen World Wrestling Entertainment’s flagship Raw programme in the US over the next decade, in the group’s biggest foray so far into streaming live events....
January 23, 2024
Disrupted Times
Brussels blasts Big Tech
...Need to know: business Novo Nordisk announced a €1bn deal for a German biotech developing therapies to treat heart disease, as the Danish group seeks to branch out from its blockbuster diabetes and weight...
March 25, 2024
UK politics
Senior UK MPs raise concerns over TikTok’s ownership
...In the US, multinational tech group Oracle has been given powers to audit TikTok’s algorithm and content moderation models to ensure they are not manipulated, the company added....
March 21, 2024
Reddit Inc
Reddit cashes out in a stellar IPO — but can it grow up?
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
March 22, 2024
TikTok Inc
Biden campaign will continue to use TikTok despite divest-or-ban law
...Biden on Wednesday signed a $95bn aid package for Ukraine, Israel and Taiwan that included a measure to tackle what US national security officials view as the threat of Chinese group ByteDance, which owns...
April 24, 2024
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...The group is set to hold a town hall for staff on the US situation on Wednesday....
April 22, 2024
News in-depthIPOs
Blowout Reddit debut raises hopes of revival in dormant IPO market
...A string of companies could follow Reddit into the US stock market in the coming months, bankers believe, after shares of the social media group leapt 48 per cent on their debut....
March 23, 2024

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