Vice Media’s online food brand Munchies is to expand its physical presence with a food hall venture August 21, 2018 Munchies, the online food channel owned by Vice Media, is to expand its presence in the physical world. The publisher has agreed to a brand licensing contract for a food hall at American Dream Meadowlands, a retail complex an under construction in New Jersey. Agreed between the online brand and the centre owner, Triple Five [...]
Superdry co-founder Julian Dunkerton gives £1m to anti-Brexit campaign August 19, 2018 Julian Dunkerton, co-founder of the fashion label Superdry, has given £1m to the People's Vote campaign, a group with cross-party support that has called for a second public vote on any Brexit deal. The donation is the largest ever received by the campaign group, and is expected to go towards funding opinion polls to rally [...]
Martin Sorrell vs WPP: The king of adland wages war on the company he founded with his new venture S4 August 8, 2018 When a couple break up, sage advice is that it’s best to part ways amicably. This advice, however, has not been heeded by Martin Sorrell and WPP, the company Sorrell founded in 1985, turned into a global powerhouse, then exited in controversial fashion in April this year. Sorrell and WPP have been engaged in a war of [...]
Silence is golden – someone should tell Thomas Markle July 30, 2018 DENIS THATCHER FAMOUSLY once said, “It’s better to remain silent and be thought a fool than to open one’s mouth and remove all doubt.” Clearly, this concept is not one that applies to Thomas Markle Senior, father of Meghan, Duchess of Sussex. His latest incendiary comments to the Mail on Sunday this weekend have [...]
Private Equity firm Exponent wades in with higher offer for magazine publisher Dennis July 19, 2018 Private equity firm Exponent has beaten a bid from the Daily Mail’s owner to buy the publisher of current affairs magazine The Week. Exponent Private Equity is in talks to buy Dennis Publishing, which makes The Week along with other titles including Viz. Sky News reported the group could pay between £150m and £200m for [...]
Netflix’s share price slumps 14 per cent after reporting a disappointing second quarter July 16, 2018 Wall Street darling Netflix’s share price plummeted by 14 per cent in after-hours trading, thanks to a set of lacklustre results for its second quarter. The site added 5.2m subscribers globally in the three months to June, about a million fewer than it had forecasted. Netflix said in a letter to shareholders that it had [...]
Culture secretary Matt Hancock expected to make decision on Rupert Murdoch’s Sky takeover this week July 8, 2018 Culture secretary Matt Hancock is this week expected to reveal whether Rupert Murdoch's 21st Century Fox will be given clearance to take over Sky and bat off a rival bid from Comcast. If Hancock gives Murdoch the go-ahead, the media mogul will buy the 61 per cent stake in Sky he does not already own. [...]
Sir Martin Sorrell’s mission: To out-fox former WPP allies, proxy voting pressure and fintech in focus June 1, 2018 It was there in black and white. In his farewell memo to 180,000 WPP staff in mid-April, Sir Martin Sorrell couldn’t have been more explicit: “As a founder, I can say that WPP is not just a mattter of life or death, it was, is and will be more important than that. Good fortune and [...]
#DeleteFacebook: How can the social media giant bounce back? March 23, 2018 THE HASHTAG WAS popularised by Twitter. Now it is being used to criticise the company that owns Twitter, on Twitter. #DeleteFacebook is only the latest proof that the social media giant is in trouble. Fake news, falling stock, glaring data breaches. A 9% drop off Facebook’s shares. Mark Zuckerberg’s world-beating platform is in the [...]
