Duke and Duchess of Sussex sue Mail on Sunday as they launch attack on Fleet Street October 1, 2019 The Duke and Duchess of Sussex have filed a lawsuit against the Mail on Sunday as they launched a blistering attack on the press over its “ruthless campaign” against them. In a statement posted to the couple’s website, Prince Harry said they were suing the newspaper over alleged misuse of private information, copyright infringement and [...]
Vice Media on verge of deal to snap up digital media firm Refinery29 October 1, 2019 Vice Media is said to be in the final stages of discussions with Refinery29 about a takeover of the female-focused digital media company. The two companies have agreed on most of the details for a combined cash and share buyout, the Wall Street Journal reported, citing people familiar with the matter. Read more: DC Thomson [...]
Sainsbury’s heir to the throne quits to join media powerhouse WPP October 1, 2019 Sainsbury’s has confirmed the CEO of Argos is quitting the retail space to join advertising giant WPP as its new chief financial officer, sparking speculation that boss Mike Coupe is in for the long haul. John Rogers, widely tipped as Coupe’s long-term successor, will leave the retailer on 31 October after almost 15 years at [...]
Axel Springer cuts revenue guidance as it announces restructuring plan September 30, 2019 German media giant Axel Springer has warned it expects a decline in full-year revenue and profit, as it unveiled plans to restructure its news media division. The firm, which owns a string of news brands including Business Insider, said revenue will decline in the low to mid single-digit range, while adjusted earnings before interest, tax, [...]
Royal Mail launches search for new UK director September 29, 2019 Royal Mail has launched a search for a director to run its UK operations at a tough time for the former state-owned post monopoly. Read more: Over 100,000 Royal Mail workers to vote on strike action Royal Mail’s shares have dropped over 45 per cent in value over the last year as it struggles with [...]
Time Out posts revenue rise as it dines out on food market success September 26, 2019 Time Out has posted a strong rise in revenue for the half-year, driven by the opening of three new food markets. The Aim-listed media firm reported revenue of £24.7m in the six months to the end of June, up 10 per cent on last year, while pre-tax loss narrowed marginally to £12m. Read more: Time [...]
Beano Studios hires former Vice UK boss Matt O’Mara September 25, 2019 Beano Studios has tapped the former chief executive of Vice UK as the rebellious comic book classic continues its expansion into digital entertainment. Read more: DC Thomson Media launches new monthly women’s magazine Platinum Matt O’Mara will join the company in the newly-created role of chief commercial officer, reporting directly to boss Emma Scott. O’Mara, [...]
Local newspaper group Archant shuts printing site as boss steps down September 25, 2019 The chief executive of Archant is stepping down as the local newspaper group announced it is shutting its internal printworks, putting jobs at risk. The publishing firm, which owns titles including the Ham & High and Hackney Gazette, said boss Jeff Henry will step down at the end of September after five years at the [...]
DC Thomson Media launches new monthly women’s magazine Platinum September 25, 2019 Publishing group DC Thomson Media has today launched a new monthly women’s magazine, just weeks after Marie Claire shut down its UK print edition. DC Thomson said the launch of Platinum, which is aimed at women over the age of 55, marks the biggest women’s magazine launch in more than a decade. Read more: Marie [...]
Fleabag star Phoebe Waller-Bridge signs TV deal with Amazon Studios September 24, 2019 Actor and screenwriter Phoebe Waller-Bridge has sealed a bumper deal with Amazon Studios, just days after sweeping up three Emmy awards. The Fleabag star has inked an overall deal to create exclusive new TV shows, which will be streamed on Amazon Prime. Read more: Netflix boss says The Crown will ‘look like a bargain’ as [...]
