Media

RedBird IMI officially started the process of selling the UK's Telegraph and Spectator magazines in an effort to recoup £600mn that was spent last year on its attempts to take control media assets. According to sources familiar with the…

As the US prepares for a ban on the popular video app TikTok, agencies representing the biggest advertisers of the app are preparing contingency plans. This includes seeking break clauses within their marketing contracts. ByteDance…

Shari Redstone ended negotiations with Skydance Media on a deal which would have transferred control of the entertainment empire Paramount to billionaire David Ellison. The decision ends months of talks between Paramount and Ellison's…

David Ellison's Skydance is awaiting final approval for the takeover of TV & film studio The US-owned Channel 5 has signed a merger agreement worth $8bn (£6.3bn), with the production company of a tech billionaire heir, bringing an…

Kubos is a semiconductor company that recently raised 2m (£1.6m), to accelerate its MicroLED development. The investors were surprised. S4C, a Welsh-language TV broadcaster, took an equity stake alongside Development Bank of Wales (the…

Lawyers warn that businesses could be hurt by competition laws becoming a new source of income Justin Le Patourel, just moments before the UK's very first class-action lawsuit was to start, made a final plea to BT. Former Ofcom…

Trump Media and Technology Group (the owner of Donald Trump’s social networking website Truth Social) lost more than 300m dollars last quarter, according its first earnings report since becoming a publicly listed company. The company…

BT's first female boss, who pledged to reduce costs by £3bn and heavy investments in broadband upgrades, led the company to its best day since the dotcom bubble. Allison Kirkby who became the new chief executive officer of the former…

Apple has been warned by British newspaper groups that imposing a "web eraser", a tool used to block ads, would threaten the financial viability of journalism. Apple will include a privacy feature based on AI in its Safari browser with…

The United Arab Emirates-backed group that proposed a £600m acquisition of the Telegraph Group is walking away, after it claimed new legislation made the acquisition "no more feasible", which triggered a new auction of the paper group.…

Three people with knowledge of the situation say that Paramount is planning to fire its chief executive Bob Bakish. This will add to the uncertainty in the Hollywood group, controlled by Shari, as it continues to hold merger talks with…

After a backlash from media owners, including Rupert Murdoch, the restrictions on foreign state ownership in British news organizations that were designed to stop the UAE's bid for The Telegraph will be relaxed. Officials were warned…

It can be revealed that The Telegraph could be in financial trouble if the Barclay Family regained control after the failed takeover supported by the United Arab Emirates. The family's possible comeback could restrict the company's…

The UK government has explicitly ruled out direct foreign ownership of British newspapers in an amendment to a bill that would effectively block the takeover of Telegraph Media Group by RedBird IMI, backed by Abu Dhabi. The new Whitehall…

Rishi Sunak tried to stop the takeover by Abu Dhabi's RedBird IMI of the Telegraph, by changing the laws to prevent a foreign country buying a British media organisation. The UK Prime Minister has proposed changes in legislation that is…

Rishi Sunak might give ministers the power to prevent a foreign country from owning an English news organization.This comes as the pressure from the Conservative Party to block the takeover by Abu Dhabi-backed RedBird IMI of Telegraph Media…

ITV's boss believes the advertising market has recovered from last year, which she called the worst recession since the global financial crisis. The profits of Britain's largest free-to-air broadcaster dropped by over half, to £193…

The BBC has retracted its controversial merger of their world and domestic news channels, as the broadcaster’s new chairman warned that the corporation will face a struggle to remain relevant. In April 2010, the BBC News and BBC World…