Following suggestions that such an announcement was imminent, Culture Secretary Nadine Dorries has confirmed the TV licence fee will remain at £159 (€190) until 2024 and then rise in line with inflation for the following four years. The plans for the new licence fee settlement cover a period of six years and will take effect […]
Diverging from the sharp gain in momentum in advertising and marketing spending in 2021, consumer time spent with media registered a more modest uptick, similar to pre-pandemic trends through 2019 when signs of device penetration saturation began to emerge, according to research by PQ Media, a media economist. Global consumer media usage, including all digital […]
After falling dramatically in 2020 as a result of the pandemic, customer satisfaction began rebounding in 2021 and is now two-thirds of its pre-pandemic level, according to a Net Promoter Score (NPS) analysis by experience management specialist Qualtrics XM Institute. As a sign of economic healing, some industries have even surpassed their pre-pandemic scores, including […]
YouTube spreads disinformation and misinformation worldwide and is not doing enough to tackle fake news on its platform, according to a global coalition of fact checking organisations. A letter signed by more than 80 groups, including Full Fact in the UK, says the platform is hosting content by groups which spread Covid misinformation, and videos […]
disguise, the technology platform enabling visual experiences at the highest level, and a multimedia production company, Moment Factory, have launched a collaboration to combine their expertise in extended reality (xR) experiences and enable new storytelling possibilities in the music, live entertainment and broadcast industries. As the pandemic accelerated the adoption of virtual production across the […]
A study from Juniper Research has found that the global market value of the subscription economy will grow to $275 billion (€242.6bn) in 2022; rising from $224 billion in 2021. After evaluating 10 key subscription-based markets, the research identified the following three as generating the highest revenue in 2022: 1. Physical Goods2. Digital Video3. Digital […]
Analysts at investment bank Exane/BNPP have upgraded the UK’s commercial television broadcaster ITV to ‘Outperform’ (from ‘Neutral’), saying its positive review was helped by increased optimism on the UK’s advertising cycle. In summary, the bank says that it has reassessed ITV’s business catalysts and the broadcaster’s recent track record, new clients coming aboard and the […]
Video game convention E3 will not be held as an in-person event in LA in June 2022, for the third year in a row. The decision was due to health risks surrounding Covid-19 and the “safety of exhibitors and attendees”, said organisers the Entertainment Software Association (ESA) Last year the event was held digitally with […]
South Africa’s media and telecoms regulator, ICASA, has slammed telco Telkom for delaying a planned spectrum auction. “The authority is not surprised by Telkom’s relentless resort to litigation, the conduct stretching back seven years or more ago,” ICASA said in a statement. “Telkom appears hellbent on stalling the authority’s every effort to licence the high-demand […]
Investment analysts at Berenberg Bank have placed Barco, the imaging technology business best known for its cinema projectors and ClickShare meeting room technology, as one of its 2022 Top Pick businesses. Barco is trading at half the price it did pre-pandemic, despite a long-term outlook that is more attractive than at that point, suggests the […]