Netflix down: Streaming giant apologises as outages hit users across the globe November 21, 2019 Netflix users were less than chilled this afternoon as outages left them unable to watch their favourite films and TV shows. Read more: BBC chairman hits back at suggestions of Netflix-style subscription model More than a thousand users across the US and Europe reported difficulties loading videos, according to tracking site Down Detector. Scores of [...]
McLaren tycoon Ron Dennis takes stake in music streaming firm Roxi November 21, 2019 McLaren founder and British F1 tycoon Ron Dennis has taken a stake in Roxi, the British music firm hoping to take on streaming giants such as Spotify. Roxi today announced that Dennis has taken a 10 per cent stake in the firm, which has a number of celebrity backers including Robbie Williams, Sheryl Crow and [...]
Publishers look to new revenue sources amid squeeze on digital advertising November 20, 2019 Online publishers are shifting their focus to new sources of revenue as income from digital advertising continues to decline. Digital publishing revenue slipped 3.7 per cent to £113.1m in the second quarter, according to figures released by the Association for Online Publishing (AOP) and Deloitte. Read more: Digital ad group Ozone signs up Stylist as [...]
UK music industry brings £5bn to economy thanks to boom in live shows November 20, 2019 The UK music industry contributed £5.2bn to the economy last year, boosted by sell-out live performances by hit acts such as Stormzy, Ed Sheeran and Dua Lipa. The live music sector contributed £1.1bn of this sum, up 10 per cent on the previous year, according to figures published today by industry body UK Music. Read [...]
BBC chairman hits back at suggestions of Netflix-style subscription model November 20, 2019 Replacing the BBC’s licence fee with a Netflix-style subscription model would destroy its ability to serve everyone, the corporation’s chairman has said. Sir David Clementi urged advocates of a subscription service to be “realistic” and recognise that the broadcaster’s “principle of universality would be lost”. Read more: BBC signs on-demand deal with Sky as it [...]
Outernet signs deal for ‘world’s largest’ LED screen deployment November 18, 2019 Outernet, a new immersive advertising and live entertainment space under construction in central London, has secured a deal to install the world’s largest deployment of LED screens. Outernet today said it has signed an agreement, understood to be worth millions of pounds, with Chinese display manufacturer AOTO to provide 8K, 360-degree floor-to-ceiling screens. Read more: [...]
Thousands of Disney Plus accounts hacked days after launch November 18, 2019 Thousands of accounts linked to Disney’s new streaming service have reportedly been hacked after scammers preyed on eager subscribers. Since Disney Plus launched last week, hackers have stolen thousands of accounts and put them up for sale on the dark web, according to an investigation by Zdnet. Read more: Disney secures more than 10m subscribers [...]
Private equity giant Carlyle dragged into dispute over Taylor Swift’s past hits November 15, 2019 Taylor Swift has begged private equity titan The Carlyle Group for help after accusing two record executives of exercising “tyrannical control” over her music and barring her from performing past hits. Swift appealed to Carlyle and her fans to help her secure ownership of six of her past albums, accusing her former record label of [...]
Media group Future buys Barcroft Studios as results beat expectations November 15, 2019 Media company Future has acquired production company Barcroft Studios for £23.5m, in a deal announced alongside the group’s annual results, which beat analysts’ expectations. Future, which owns brands including Techradar and PC Gamer, reported an operating profit of £26.7m for the year ending 30 September, a 404 per cent increase. The company’s revenue jumped 70 [...]
Disney Plus secures more than 10m subscribers in first day November 13, 2019 Shares in Disney rose more than three per cent today after the media giant revealed its new streaming service has nabbed more than 10m subscribers in its first day. Read more: Netflix and Nickelodeon sign original content deal in wake of Disney Plus launch The highly-anticipated launch of Disney Plus was beset by technical problems [...]