Netflix raises prices by 20 per cent as it blames $15bn production budget May 30, 2019 Netflix is raising the prices of some of its subscriptions by as much as 20 per cent as it prepares to ramp up investment in new TV shows and films. The streaming service is increasing the cost of its standard plan, which allows users to watch on two screens, by £1 to £8.99, while the [...]
Shares in Daily Mail owner jump on profit boost as streamlining strategy pays off May 30, 2019 Shares in Daily Mail and General Trust (DMGT) jumped as much as 10 per cent this morning after it posted strong growth in profit for the half-year. The Daily Mail owner reported a 19 per cent increase in adjusted profit before tax to £100m in the six months to the end of March, while revenue ticked [...]
Investors given second chance to buy a piece of Star Wars May 30, 2019 | City Talk By Rodney Hobson from interactive investor. This iconic brand has rewarded shareholders handsomely, and could do again, argues our overseas expert. Investors could be forgiven for thinking they had missed their chance to buy into The Walt Disney (NYSE:DIS) when the shares shot up 10% one April day, and then went on to set new [...]
Netflix and Amazon cash in on British streaming market with double the revenue of UK services May 29, 2019 Netflix and Amazon’s revenues from UK streaming customers last year was £1.1bn, twice the amount the Britain’s biggest broadcasters made from their own streaming platforms. Netflix made around £693m in revenues from its UK subscriber base of 10m people last year, while Amazon generated £400m from 7.7m subscribers to its Prime Video platform. The figures, [...]
General Atlantic to sell half its stake in £2bn oil data group Argus Media May 29, 2019 Growth equity fund General Atlantic (GA) is set to sell half its stake in oil data group Argus Media in a deal that will value the firm at roughly £2bn. City PM understands GA, which bought a 50 per cent stake in Argus three years ago for around £1bn, is in advanced talks with long-term [...]
BBC calls on top presenters for Tory leadership race debates May 28, 2019 The BBC has confirmed it will host a series of TV debates and interviews as Tory leadership hopefuls battle it out to become the next Prime Minister. BBC News will put on a series of special programmes, including a debate between all the candidates in the leadership race in mid-June, moderated by Newsnight presenter Emily Maitlis. [...]
In commercial television, image is everything May 28, 2019 It was Andre Agassi who brought us the phrase “Image is everything”. He was chasing the corporate dollar of camera giant Canon when he uttered the immortal words, which he soon found being shouted back to him on the tennis court. Three words, three commonplace words, but, strung together at that moment in the late 1980s [...]
Live TV still the top choice for Brits despite rise of on-demand viewing May 28, 2019 Broadcast live TV is still the go-to option for Brits when deciding what to watch, despite the surge in popularity of on-demand services, a new survey has revealed. More than two-fifths of the UK population still always turn to live TV in the first instance, making traditional broadcasters the most popular choice, according to research [...]
GDPR is one year old, but has the EU’s data protection regulations helped business or eroded trust? May 24, 2019 Saturday marks the first anniversary of the European Union’s General Data Protection Regulation (GDPR) finally coming into force. GDPR was heavily hyped up, with many hoping – or fearing – that it would fundamentally change not only how companies handle people’s data, but also how consumers view their online interactions with businesses. Anyone with an [...]
The Sky’s the limit May 23, 2019 I’ve always been fascinated by the media. That’s just as well I suppose, as I run a reputation management firm. But I am constantly intrigued by its influence, its reach, the way it works – and always, always the stories going on behind the scenes. So it was a genuine pleasure to welcome Jeremy Darroch, [...]
