Ad spend in Hungary amounted to HUF160.06 billion (€520 million) in 2016, a 12.11% increase on the previous year.
Culture Secretary Karen Bradley has asked regulators to examine Rupert Murdoch’s 21st Century Fox’s takeover bid for Sky. In a statement to parliament, she told MPs that media regulator Ofcom and competition regulator, the CMA, would be asked to investigate the deal. 21st Century Fox is offering £11.7bn for the 61% stake in Sky it […]
21st Century Fox has defended its £11.7bn takeover bid for broadcaster Sky after Culture Secretary Karen Bradley said she was “minded” to intervene in the deal. In a letter, the firm rejected the minister’s concerns about media plurality and broadcasting standards. It also said she had based her view on “seriously flawed” evidence. But it […]
Digital video revenues from providers including Netflix, Sky, Amazon and Apple reached £1,309.3 million in 2016, eclipsing packaged media for the first time.Data compiled by the Entertainment Retailers Association (ERA) shows UK physical revenues were down 16.9% to £893.6 million with both DVD and Blu-ray suffering double-digit declines.
ITV has reported a 14% fall in annual pre-tax profits to £553m as advertising revenues declined by 3%. The UK’s biggest commercial broadcaster said it continued to rebalance and strengthen the business and blamed “wider political and economic uncertainty” for advertising falls. It hailed a 13% increase in revenue from the ITV Studios division. Underlying […]
Newspaper firm Trinity Mirror has seen annual profit rise 24% after it bought local paper group Local World. Adjusted pre-tax profit in 2016 was £133.2m, as against £107.5m in the previous year. Trinity Mirror took control of Local World in October 2015 in a deal worth £220m, making it the UK’s largest regional news publisher. […]
ESPN has reached an agreement with UEFA for the rights to the UEFA European Football Championship 2020 and all UEFA national team matches between 2018 and 2022. ESPN will be the exclusive English-language home in the United States for UEFA Euro 2020, which will be played in stadiums across 13 European nations to mark the […]