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Sport
Bridgepoint rejected higher bid for MotoGP from Ari Emanuel’s TKO
...Bridgepoint rejected a bid from Ari Emanuel’s TKO Group for MotoGP despite it being worth €200mn more than what Formula One-owner Liberty Media offered for the motorcycle series....
April 5, 2024
Media
Berlusconi family group calls for European media consolidation amid ProSieben boardroom battle
...“We see the media industry in Europe suffering from the competition coming from the US,” said Marco Giordani, the chief financial officer of MFE....
April 14, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
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
Bertelsmann SE & Co KGaA
Bertelsmann would consider deal to expand music business BMG, says chief
...the group’s previous expansion efforts....
March 26, 2024
CMA CGM SA
Rodolphe Saadé, shipping boss who sailed into France’s business elite
...I think the media, for a group like ours, makes sense.”...
April 24, 2024
TikTok Inc
TikTok’s US revenues hit $16bn as Washington threatens ban
...ByteDance as a whole is on track to overtake Facebook owner Meta as the world’s largest social media company by sales....
March 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
InterviewCNN News Group
CNN’s Mark Thompson: ‘There’s plenty of things we have to fix’
...Thompson managed a similar turnaround at his previous job at The New York Times, where he helped transform a legacy newspaper into a digital-first media group....
April 17, 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
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
Reddit soars in New York IPO for social media group
...Shares in social media company Reddit leapt more than 38 per cent on its market debut, a vote of confidence in the market for initial public offerings after two years of subdued activity....
March 21, 2024
Trump Media & Technology Group
Donald Trump’s $10bn media group sinks 21% after disclosing widening losses
...Shares in the social media group sold off after publication of the results, closing down more than 21 per cent in New York at $48.66....
April 1, 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
Trump Media & Technology Group
Trump Media’s auditor is really bad at spelling his own name
...The founder of the accounting firm hired by Donald Trump’s social media group has used 14 variations of his name in filings with the industry regulator, far more than any other US auditor, according to a...
April 24, 2024
News updates from April 1: Israel accused of air strike on Iranian embassy; US manufacturing sector expands for first time since 2022
Shares in Donald Trump’s media group fall below pre-Spac merger price
...Trump Media and Technology Group shares were down more than 20 per cent at midday in New York — falling below its $49.95 price recorded the day before the merged company began to trade last week....
April 1, 2024
Trump Media & Technology Group
Trump Media’s first auditor quit months after being appointed
...Trump Media & Technology Group engaged WithumSmith+Brown to check its financial statements shortly after the company was founded in 2021, but by the end of the year the accounting firm had decided it did...
April 15, 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
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Walt Disney Co
Jamie Dimon backs Disney’s Bob Iger in proxy fight with Nelson Peltz
...He knows the media and entertainment business cold and has the successful track record to prove it.” “Putting people on a board unnecessarily can harm a company....
March 13, 2024
Telegraph Media Group Ltd
Telegraph takeover by RedBird IMI faces regulatory probe
...Any decision to sell would likely also need to involve the Barclay family, which remains the technical owner of the Telegraph Media Group....
March 19, 2024
FT News Briefing podcast12 min listen
Trump’s Truth Social hits the Nasdaq
...Mentioned in this podcast: Donald Trump has $4.6bn stake in social media group after market debut Visa and Mastercard agree $30bn settlement over US transaction fees Can UBS become Europe’s Morgan Stanley...
March 27, 2024
UK society
Quarter of UK children aged 5-7 own smartphones, regulator finds
...A third of children in this age group used social media unsupervised, Ofcom found....
April 18, 2024
News updates from March 12: US House votes through bill to ban TikTok; Geert Wilders announces he will not be Netherlands PM
Social media groups trade higher after US House passes bill banning TikTok
...Shares in social media and video groups moved higher in late-morning trade in New York as members of the US House passed a bill to ban TikTok....
March 13, 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
Special ReportFuture of AI
Media groups look to AI tools to cut costs and complement storytelling
...Many appear to see the technology as a solution: media groups have been ramping up their investment in AI even as they have been forced to make those cost cuts....
March 26, 2024
Due Diligence
Who is auditing Trump Media’s auditors? Premium content
...But as DD explained, investors don’t care about Trump Media & Technology Group’s performance really, they care about the Trump brand....
April 9, 2024
News in-depthTelegraph Media Group Ltd
How Britain’s Conservative establishment fought off a foreign media takeover
...IMI investment group....
March 13, 2024
InterviewThomson Reuters Corp
Thomson Reuters has $8bn war chest for AI-focused deals, says chief
...The company’s chair David Thomson — Canada’s richest man with a wealth of tens of billions of dollars — heads the media empire founded by his grandfather Roy Thomson....
March 11, 2024

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