Forget a one-size-fits-all immigration policy – we need to get creative to protect the talent pipeline July 30, 2019 Different sectors of the economy are often accused of special pleading when it comes to making their case for immigration reform. In any given area, improving the skills base can boost productivity, and with the clock once more ticking down to the Brexit deadline, calling into question the status of future EU applicants, it is [...]
UK ad spend defies economic gloom to hit £6bn as online radio drives growth July 30, 2019 UK ad spend defied economic uncertainty and fraught political tensions to grow to £6bn in the first quarter, new figures have revealed. Advertising spend rose 4.2 per cent year-on-year thanks to strong growth in the video on-demand, online display and online radio sectors. Read more: Social media ad spend growth plummets amid decline in trust [...]
Ofcom sets out new rules for reality TV after Jeremy Kyle Show death July 29, 2019 Ofcom has proposed new rules to protect participants in TV and radio shows, weeks after ITV bosses were slammed over the death of a guest on The Jeremy Kyle Show. The regulator today unveiled plans for new rules requiring broadcasters to protect the welfare and dignity of participants in shows, and to ensure participants are [...]
Media group Future buys US publisher Smartbrief for up to $65m July 29, 2019 Media firm Future today said it has snapped up US-based news curation site Smartbrief for up to $65m (£53m) as it looks to beef up its business-to-business (B2B) offering. Future, which owns magazine titles including Four Four Two and Tech Radar, said it has paid an initial sum of $45m for the firm through a [...]
Reach boss Simon Fox to step down as publisher posts strong digital growth July 29, 2019 The chief executive of Daily Mirror publisher Reach is stepping down after seven years, as the company unveiled significant growth in its digital division for the half year. Simon Fox will leave the firm on 16 August and will be replaced by Jim Mullen, who is currently chief executive of gambling giant Ladbrokes Coral. Read [...]
Beggars Group music boss Martin Mills bags £8m payday July 28, 2019 The music mogul behind record company Beggars Group bagged an £8m dividend last year as his firm cashed in the sale of its stake in Spotify. Read more: Warner Music buys record label behind Les Miserables and Mary Poppins Martin Mills, who founded Beggars in 1977, secured the sum after a strong year of trading [...]
Russia threatens retaliation against British media after RT fine July 26, 2019 Russia has warned UK media working in Russia that they will face consequences after Ofcom handed down a £200,000 fine to broadcaster RT. In a statement, Russia’s Ministry of Foreign Affairs said it viewed the penalty as “part of an anti-Russian campaign designed to restrict the activities of Russian media in Britain”. Read more: RT [...]
RT fined £200,000 for impartiality breach over Salisbury poisoning coverage July 26, 2019 Russian broadcaster RT has been fined £200,000 by Ofcom over “serious failures” to comply with impartiality rules. Read more: RT broke broadcasting rules on impartiality, says Ofcom The regulator said RT – formerly known as Russia Today – had breached requirements for broadcast news to be presented with due impartiality in seven programmes that covered [...]
Pearson holds full-year guidance as digital shift pays off July 26, 2019 Pearson has held its guidance for the full year as the firm’s ongoing shift from textbooks to digital formats drove robust trading in the first half. The publishing and education firm posted a two per cent decline in revenue to £1.83bn in the first six months of the year. Read more: Pearson sales slip as [...]
Comcast grows revenue and profit thanks to broadband boost July 25, 2019 Comcast has posted a rise in revenue and profit for the second quarter as an increase in broadband customers helped offset a decline in its TV business. The US media group posted revenue of $26.9bn (£21.5bn) in the three months to the end of June, up 24 per cent on the same period last year. [...]
