Iconic Labs buys stake in student news website The Tab September 12, 2019 Iconic Labs has bought an indirect stake in student publishing company The Tab, marking the latest move in the media firm’s aggressive acquisition spree. Iconic Labs has secured a 24 per cent stake in media investment vehicle Medium Channel Media (MCM), which in turn has entered into a conditional agreement to acquire The Tab. Read [...]
Share boost for audio firm Focusrite as it dials up revenue forecast September 12, 2019 Shares in audio equipment manufacturer Focusrite rose more than six per cent this morning after it forecast full-year revenue ahead of expectations. Read more: Audioboom posts revenue surge as it doubles down on original podcasts Focusrite, which makes studio equipment such as microphones and equalisers, said it expected revenue of roughly £84m, up from £75.1m [...]
Car manual publisher Haynes posts jump in profit as digital shift pays off September 12, 2019 Haynes Publishing Group has posted a sharp rise in revenue and profit for the full year as the car manual specialist’s digital shift helped drive business in its corporate division. Read more: Shares in car manual publisher Haynes soar as it eyes sharp profit growth The figures Haynes posted a seven per cent increase in [...]
Publishers hit out at ‘unscrupulous’ tech giants over digital ad market domination September 11, 2019 British news publishers have clashed with Silicon Valley tech giants amid a government probe into anti-competitive behaviour in the digital advertising market. Media organisations including the Daily Mail’s parent company and Channel 4 have launched blistering attacks on Facebook and Google over their monopoly power and “unscrupulous behaviour”. Read more: Competition watchdog launches probe into [...]
Endemol Shine signs podcast deal with Global’s ad platform Dax September 10, 2019 Media giant Endemol Shine has entered the booming UK podcast market, signing a two-year deal with audio advertising platform Dax. Read more: Podcast startup Entale secures £2m backing from Daily Mail Endemol has appointed Dax, which is owned by radio group Global, as its advertising sales partner across its original podcast series. The announcement comes [...]
Marie Claire ends print publication in the UK as readers shift to digital September 10, 2019 Marie Claire will cease publication of its UK edition after more than 30 years as the women’s monthly becomes the latest victim of declining demand for print magazines. The title, which is owned by Country Life and Horse & Hound publisher TI Media, will continue online and overseas print editions will be unaffected. Read more: [...]
Podcast startup Entale secures £2m backing from Daily Mail September 9, 2019 Interactive podcast startup Entale has received £2m in funding from the owner of the Daily Mail to help expand its AI technology. Entale, which was founded in 2017 by former Conde Nast digital boss Wil Harris, enables audiences to view social media posts, images and product links while listening to podcasts. Read more: Audioboom posts [...]
Media firm Iconic Labs buys Gay Star News for £1 September 9, 2019 Iconic Labs, the media firm run by three former Unilad bosses, has bought the intellectual property of Gay Star News (GSN) for £1 as it looks to build up its portfolio of outlets. The deal was secured with Nuuco Media, a company previously owned by Iconic director David Sefton, which bought GSN out of liquidation. [...]
Disney rents Pinewood studios as original content war cranks up September 8, 2019 Disney is said to have agreed to rent most of production hub Pinewood Studios in Buckinghamshire, in a move which intensifies the battle for Britain’s production talent. The film and TV giant has reportedly signed a decade-long lease for the entire space, except for a handful of TV studios. Pinewood has spawned generations of film [...]
Smith News signs five-year distribution deal with the Telegraph September 6, 2019 Newspaper distributor Connect Group’s Smith News network has won a new five-year agreement to distribute the Telegraph and Sunday Telegraph. Read more: Does the Telegraph’s allegedly biased survey mean there’s no more point in polls? The contract is worth £100m a year in revenue and runs from October 2019 until September 2024. Smith News’ Telegraph [...]
