A group of local US broadcasters led by The E.W. Scripps Company have come together to serve political advertisers with broad audience reach on connected TV platforms during what’s expected to be a record election-spending year. Cox Media Group, Capitol Broadcasting Company, Graham Media Group and other broadcasters are participating in the initiative. “Collectively, we […]
Magna, the media-centric market research conpany, has reduced its 2022 advertising spending growth expectation in the US due to economic and geopolitical uncertainty, but it forecasts that media owners’ ad revenues will still grow by +11 per cent this year to pass the $300 billion (€268.6bn) milestone. In its final 2021 estimates, US advertising revenues […]
Chinese technology company Huawei saw revenues for 2021 of 636.8 billion Chinese yen (€89.6bn), but this is dramatically down on the 891.4 billion yen revenue for 2020 – a fall of 28.5 per cent. The biggest hit was to the company’s consumer business, no longer being allowed access to Google’s Playstore for example, which saw […]
TalkTV, the news channel from Rupert Murdoch’s News UK, will launch on linear TV platforms Sky, Virgin Media, Freeview and Freesat on April 25th. TalkTV will also be streamed via Amazon Fire TV, Apple TV, Samsung TV Plus and on YouTube, as well as via the Talk.TV website and TalkTV iOS and Android apps, and […]
Following his December 2021 firing, Chris Cuomo has launched an arbitration demand with CNN for $125 million (€113.5). “As a result of Turner’s indefensible choice to unceremoniously fire him, Cuomo has been damaged in countless ways,” states a demand for arbitration filed by Cuumo’s attorneys. “Cuomo has had his journalistic integrity unjustifiably smeared, making it […]
Sky News has agreed a new multi-year deal with IRN (Independent Radio News) to continue distributing news, business, sports and entertainment audio content to commercial radio stations across the UK, reaching over 24 million listeners. The renewal means IRN subscribers including Heart, Magic, talkSPORT, LBC, and Radio Clyde, will continue to have access to Sky […]
News organisation CNN has confirmed that streaming subscription service CNN+ will debut on March 29th in the US priced at $5.99 (€5.48) per month or $59.99 per year. Early subscribers that sign up within the first four weeks after March 29th directly with CNN+ will have access to what the broadcaster calls the ‘Deal of […]
The potential problems over Ukraine and the probability of much wide trade sanctions against Russia could impact ‘Western’ media and communications companies, says a note to clients from investment bank Exane/BNPP. The impact could also extend to the video games industry, says the bank. Of particular interest are the relationships that satellite operator Eutelsat has […]
CNN President Jeff Zucker has quit after admitting to an undisclosed relationship with a colleague. “As part of the investigation into Chris Cuomo’s tenure at CNN, I was asked about a consensual relationship with my closest colleague, someone I have worked with for more than 20 years. I acknowledged the relationship evolved in recent years. […]
A legal action has been commenced in the New York County Court by Giorgi Rtskhiladze, said to be a former business partner of former US president Donald Trump, against OneWeb. The action alleges that Rtskhiladze has not been paid by OneWeb for the role he played in getting approvals for the OneWeb constellation to be […]