Future bets on SheerLuxe as Google squeezes digital publishers Media Future said the acquisition of SheerLuxe and a push into AI-driven products would help return the publisher to growth after weaker digital ad and ecommerce markets dragged profits lower in the first half. The media group behind Marie Claire, TechRadar and Go.Compare reported revenue of £349.1m for the six months to March 31, down from [...]
UK media giants join forces to curb AI’s use of their journalism Media Sky News has teamed up with the BBC, the Financial Times, the Guardian and the Daily Telegraph to form a new coalition aimed at setting industry standards for how AI uses news content. The group, under the name the Standards for Publisher Usage Rights coalition (SPUR), has been launched in response to growing concern that [...]
Daily Mail owner seals £500m deal for The Telegraph Media Daily Mail owner DMGT has struck a £500m deal to buy the Telegraph Media Group, drawing a line under one of the most drawn-out and politically fraught takeover battles in the British press. The publisher has entered an exclusive period of talks with RedBird IMI, the Abu Dhabi-linked fund whose own attempt to buy the [...]
