Hints and tips:
Related Special Reports
...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....
...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....
...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....
...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...
...Shah acquired Juniper in 1998 from Michael Wills, who founded the company in 1984 and sold the group after his 1997 election as a Labour MP....
...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....
...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....
...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...
...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...
...He wants to shift the company from a news media provider to a wider online content business, which will include the greater use of AI in production and commercial initiatives....
...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....
...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....
...During its roadshow, Reddit said it planned to diversify its revenues, for example adding ecommerce features and selling its data to AI groups....
...Beyond their streaming losses, the traditional media groups are facing a weak advertising market, declining television revenues and higher production costs following the Hollywood strikes....
...More importantly, Trump Media & Technology Group rose another 14 per cent, right after we wrote that it looked a bit overvalued. Unhedged’s record as a contrarian indicator remains spotless....
...As part of the new plans, the BBC will focus on how to source new income from commercial activities, which could include partnerships with large international media groups and US broadcasters....
...The Trump Spac looks a little expensive Donald Trump’s media company, Trump Media & Technology Group, began public trading yesterday after shareholders blessed its merger with a special-purpose acquisition...
...But the real change has come from cost cutting, aided by a writers’ strike in Hollywood that halted productions. While revenue rose 6.6 per cent in 2023, net income rose 20 per cent....
...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....
...Group by Abu Dhabi-backed RedBird IMI....
...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....
...He has since invested in dozens of productions in the West End and Broadway, including School of Rock and Hamilton, and will open a production of The Picture of Dorian Gray next year at the Haymarket theatre...
...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....
...The discussions with Warner Bros, first reported by Axios, come as US media groups are struggling to improve their profitability after waging a costly “streaming war” against Netflix....
...The price of oil is being kept down by weak Chinese demand, despite Opec production cuts....
International Edition