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Media
Vivendi floated a plan to split up
The French media conglomerate Vivendi has proposed splitting into three separate businesses, which would be listed separately. This would be a major revamp led by Vincent Bollore.
The Paris-based firm said that it had begun working with…
Netflix releases viewing statistics for its entire catalog for the first-ever time
Netflix, which has long been criticised for its lack of transparency regarding how films and shows perform on their platform, will start publishing an "in-depth" analysis of what its subscribers watch twice a year.
Netflix released its…
BBC to face further cuts following Ministers’ curtailment of licence fee increases
UK ministers are to cut about £90mn from the BBC’s annual budget after announcing a smaller than expected increase in the corporation’s licence fee next year given the cost of living crisis.
The government’s move came on Thursday…
Sunak is preparing to block a licence fee increase, which could lead to further cuts at BBC
Broadcasters on the verge of a drastic decline, as annual shortfalls could rise above £500m.Tim Davie, BBC boss for three years now, is used to the ups and downs of a pre-crisis organization.
The threat of further funding cuts will be a…
Barclay family takes back Telegraph title after UK probe
The Barclay Family has legal ownership of the Telegraph until the end of this year. The potential buyer supported by Abu Dhabi is waiting for the UK Government investigation results on the takeover of the paper.
After six months, the media…
RedBird IMI, Jeff Zucker’s company, offers to buy Telegraph for debt in exchange for equity.
RedBird IMI, backed by Abu Dhabi, has offered to buy the Telegraph and Spectator as part of a deal that will repay the debt owed to Lloyds Banking Group by the Barclay Family.
RedBird IMI - the investment group headed by Jeff Zucker,…
Elon Musk suffers a new blow as the government withdraws millions of dollars in Twitter advertising
The government has stopped advertising on Twitter, a new blow to Elon Musk as the social network faces an exodus from major brands.
In recent months, departments have stopped buying ads on Twitter (now known as X), a social media…
Elon Musk suffers a new blow as the government withdraws millions of dollars in Twitter advertising
The government has stopped advertising on Twitter, a new blow to Elon Musk’s social network.
In recent months, departments have stopped buying ads on Twitter (now known as X), a social media platform.
The decision was made before the…
MPs urge Barclay Family’s Telegraph deal to be vetted using UK national security laws
Conservative MPs called on the UK government to use its national security laws to investigate attempts by the Barclay Family to regain control of the Telegraph Newspaper Group using Abu Dhabi-funded funding.
Five Tory MPs including…