Telegraph reports one-third rise in profits to £39m

1 week, 5 days ago

Bluesky is testing paid subscription features, may introduce paid tier like Elon Musk's X

According to Bluesky’s GitHub page, the team is experimenting with several paid add-ons, which could include a profile badge, enhanced analytics, longer video uploads, and more profile customisation options As the app has grown rapidly—especially in the US, where usage has surged by over 500% in recent months—Bluesky is now looking at paid subscriptions as a potential revenue stream. Image …

Subscription Revenue Twitter Paid Bluesky

Tech giants like Meta, Google to be forced to pay for Australian news

CNN

Sydney Reuters — Australia plans new rules to “create a financial incentive” for big tech firms to pay Australian media companies for news content on their platforms, Assistant Treasurer and Minister for Financial Services Stephen Jones announced on Thursday. The move, described as a “news bargaining initiative,” piles pressure on global tech giants like Facebook-owner Meta Platforms and Google to …

Media Google Jones Platforms Meta Tech Giants Our Platforms

2 weeks, 5 days ago

BUSINESS LIVE: Bitcoin hits $100,000; Vodafone-Three gets green light

Daily Mail

Frasers has lowered the top end of its annual profit guidance, blaming weaker consumer confidence leading up to and following the Autumn Budget. The group said it was now forecasting adjusted pre-tax profit for its 2024/25 year of £550million to £600million, versus previous guidance of £575million to £625million. Boss Michael Murray said: 'The first half of this year has been …

4 weeks, 1 day ago

Elon Musk Ponders Buying MSNBC: 'How Much Does It Cost?'

Huff Post

LOADING ERROR LOADING Elon Musk shared memes about buying MSNBC over the weekend after Comcast, MSNBC’s parent company, announced that it was spinning off its cable networks into a new company. On X, formerly known as Twitter, Donald Trump Jr. mentioned Musk in a post claiming that MSNBC was for sale, writing, “I have the funniest idea ever!! — Elon …

Musk Elon Musk Msnbc Comcast Cable Networks

"How much does it cost?": Musk jokes about buying MSNBC from Comcast

Salon

Elon Musk joked that he was mulling a purchase of liberal-leaning cable news network MSNBC in a post to X on Friday. Musk chimed in about the potential sale of the Trump-averse network after being alerted to it on X, a social media company he also owns, by Donald Trump Jr. Trump Jr. pitched a purchase to Musk as the …

Network Musk Msnbc Comcast

1 month ago

Telegraph marks a year in limbo as Starmer faces diplomatic pressure over sale

The Telegraph

When Lucy Frazer, the former culture secretary, intervened to halt the sale of The Telegraph to a fund backed by Abu Dhabi, it was clear the Gulf state’s swoop on the British media would not go smoothly. Few could have predicted, however, that a full year later RedBird IMI would be left clutching a newspaper it was legally blocked from …

Telegraph Redbird Imi

1 month ago

Comcast Spins Off MSNBC, Other Cable TV Networks

Huff Post

Comcast is expected to announce Wednesday that it will spin off many of its cable TV channels, according to news reports. Sheldon Cooper/SOPA Images/LightRocket via Getty Images Comcast, the parent company of NBCUniversal, on Wednesday announced the spinoff of many of its cable TV channels, including MSNBC, carrying out a plan the company had hinted at earlier this year. In …

Company Msnbc Nbc Comcast Nbcuniversal Cavanagh

1 month ago

Informa trims £1bn profit target as events firm faces FX hit

Daily Mail

Taylor & Francis owner Informa has trimmed its annual profit forecast in response to adverse currency fluctuations. During the period, Informa reported a 10.7 per cent bump in underlying sales on the back of growth across all major regions, especially India, the Middle East and Africa. New outlook: Events organiser Informa expects to achieve over £975million in adjusted operating profits …

Informa

1 month ago

Mulberry boss says ‘rebuild’ needed after sales plummet

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The boss of Mulberry has …

Million Mulberry

1 month, 2 weeks ago

Millions of BT customers risk higher bills after Budget

The Telegraph

It came as BT cut its revenue guidance for the full year amid pressure on its business and international divisions. It blamed weaker trading abroad, including reduced sales of low-margin kit, as well as a tougher environment for its corporate and public sector clients. Ms Kirkby, who took over the top job in February, has outlined a major turnaround plan …

1 month, 2 weeks ago

Marks & Spencer sees profits surge, but cautions over consumer pressures

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Marks & Spencer has notched …

Cost Half

1 month, 2 weeks ago

Trump Media share price surge 40% overnight on Robinhood amid speculation of Donald Trump’s election win

Live Mint

Shares of Trump Media & Technology Group, the social media company founded by former U.S. President Donald Trump, surged as early results from the U.S. presidential election began to roll in. Trump Media & Technology Group Corp.'s stock is often seen by investors as a barometer for Donald Trump’s political prospects, especially as he seeks re-election in a closely contested …

Media Election Donald Trump Donald Trump Media Robinhood Million Shares

DJT: Trump’s social media stock spikes after victory, making him $1 billion richer

CNN

New York CNN — Donald Trump didn’t just win the White House. Truth Social owner Trump Media & Technology Group, Trump’s social media company, is skyrocketing in value this morning after CNN and other media outlets projected Trump won the election. Trump Media’s stock, which trades under the ticker symbol “DJT,” spiked 35% in premarket trading, implying an astounding market …

Social Media Media Social Trump Stock Cnn Value

1 month, 2 weeks ago

Trump Media Posts Lackluster Quarterly Sales as Losses Pile Up

Live Mint

Donald Trump’s media company continued to lose money in the third quarter as revenue trickled in during the months ahead of Tuesday’s election. Trump Media & Technology Group Corp., which was worth $7.4 billion at Tuesday’s close, reported a net loss in the three months ending Sept. 30 of $19.2 million and net sales of just over $1 million, a …

Trump Million Net Sales

1 month, 3 weeks ago

Trump loses $1.3bn in net worth after his social media stock tanks

The Independent

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Media Net Worth Stock Trump Media Truth Social Email Verifyerrors Inside Washington

1 month, 3 weeks ago

Trump’s Truth Social is now worth more than Elon Musk’s X after recent surge in stock price

The Independent

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Trump Musk Elon Musk Twitter Its Stake Tmtg

1 month, 3 weeks ago

Trump's Truth Social Stock Soars, Outperforming Elon Musk's X in Market Valuation

Hindustan Times

Trump's Truth Social stock market valuation soars past Elon Musk's X, with shares of TMTG surging nearly 9% on Tuesday. This surge is fueled by strong predictions in betting markets about Trump's lead in the upcoming presidential elections. While X boasts a larger user base, TMTG's valuation surpasses that of X after a recent rally. The stock's rise has sparked …

Politics Law Elections Betting Butler

2 months ago

More than four million households may have to pay an extra £218 a year to stream television channels online if terrestrial TV is switched off, report warns

Daily Mail

More than four million households could be forced to pay an extra £218 a year to stream television channels if terrestrial TV is switched off, according to a new report. A new report reveals that 4.3 million households, who solely rely on broadcast TV, could be forced to pay an additional £218 per year to switch to internet streaming, while …

Costs Pay Report Million Ofcom Stock Photo Households

2 months, 1 week ago

Shares in Rentokil leap as pest control giant trims costs

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares in Rentokil have leapt …

Pest Control Cost Rentokil

2 months, 3 weeks ago

Digital Push Propelling Media Revenue Growth to 8%

New Indian Express

Media companies are expected to see significant growth in their digital space, with revenue growth projected to reach 8% per year over the next two years. This growth will be driven by increased ad revenue and the expansion of the digital segment's share of the revenue pie. The overall revenue of media players is expected to grow 8% annually over …

Entertainment Technology Media Digital Mumbai

3 months, 1 week ago

UMG, Taylor Swift's music label, sees higher profit, helped by superfans

Hindustan Times

-Universal Music Group said on Tuesday it expects annual core profit growth of more than 10% through to 2028 on higher subscription revenue, expanded partnerships and boosted by the superfans of its artists such as Taylor Swift, BTS and Drake. UMG, Taylor Swift's music label, sees higher profit, helped by superfans {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The world's biggest music label, …

Growth Taylor Swift Revenue Ing Superfans Ebitda Umg

3 months, 2 weeks ago

Hedge fund investor buys UK political magazine The Spectator for $131 million

Associated Press

LONDON — A hedge fund investor has bought The Spectator, one of the world’s oldest political magazines, for 100 million pounds after a months-long search for a new owner for the British publication, those involved in the sale said Tuesday. His takeover of The Spectator came after the U.K. government blocked a United Arab Emirates-backed consortium from buying the Telegraph …

Spectator Telegraph Media

3 months, 2 weeks ago

Wickes sees profits tumble 25% in difficult DIY market

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. But Wickes said trading had improved so far in …

Sign Diy Wickes

3 months, 3 weeks ago

Truth Social stock has lost more than 40 percent of its value in just over a month

Raw Story

Shares in the Trump Media and Technology Group Corporation have continued their downward spiral and now stand at their lowest value since shares became publicly traded. As USA Today notes, Trump Media shares closed at a record low of $20.99 per share on Tuesday -- and have since sunk lower and are trading in the $19 range as of this …

Media Trump Trump Media Usa Today

4 months, 1 week ago

Truth Social stock takes a tumble as Trump makes his X return

The Independent

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Social Media Trump Stock Sec Truth Social Email Inside Washington

4 months, 2 weeks ago

Deliveroo achieves first profit in ‘major milestone’ for delivery app

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Deliveroo has revealed it made …

Deliveroo

4 months, 2 weeks ago

Disney posts first-ever streaming profit, warns of pressure on theme-parks unit

Live Mint

Disney’s streaming and movie businesses shifted into high gear last quarter, picking up the slack from the theme-parks unit, which has begun to show signs of strain. The entertainment giant’s streaming unit, which includes flagship platform Disney+, general entertainment service Hulu and the sports-focused ESPN+, became profitable one quarter ahead of schedule, producing operating income of $47 million on $6.38 …

Streaming Disney Income Company Revenue Operating Income Profit

4 months, 2 weeks ago

Veteran TV trade journal Broadcasting + Cable is shutting down, in a sign of the times for media

LA Times

Broadcasting + Cable, founded in 1931 as Broadcasting, will print its final issue in September. According to a post on the Broadcasting + Cable website, Future will replace the publications with a new “curated” newsletter about media and entertainment. “This industry is going through rapid transformation that requires our business to adapt,” said Amanda Darman-Allen, senior vice president for Future’s …

Future Cable Broadcasting Trade Journal Media Business Multichannel News

5 months ago

Netflix’s subscriber and earnings growth on the rise as password-sharing crackdown pays off

The Hindu

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup. Given that the competition in video streaming seems to be ramping up again, Investing.com analyst Thomas Monteiro called “the lowering of guidance an intelligent strategy for keeping excitement put …

Netflix Last Year Subscriber

5 months ago

Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off

Associated Press

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup. Given that the competition in video streaming seems to be ramping up again, Investing.com analyst Thomas Monteiro called “the lowering of guidance an intelligent strategy for keeping excitement put …

Netflix Last Year Subscriber

5 months ago

Sports Direct owner Frasers hails ‘break-out year’ as profits jump

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sports Direct owner Frasers Group …

Retail Sport Direct Frasers Sports Direct

6 months ago

Trump Media stock sinks near all-time low as SEC declaration may dilute existing holders

Hindustan Times

Trump Media & Technology Group Corp. sank in late trading after the US Securities and Exchange Commission declared effective a regulatory filing that could dilute shareholders. Trump Media, which owns Truth Social, has been volatile since going public earlier this year with the stock soaring as high as $79.38 in the days after its debut before sinking as low as …

Media Trump Media Holders Trump Late Trading

6 months ago

Trump has now lost $267M with 'erratic' Truth Social stock: report

Raw Story

Donald Trump has lost more than $267 million as the value of his eponymous media company continues to plummet, according to a new financial analysis. Trump Media stock values dipped 6.29 percent on Monday and brought share prices to just $34.72 as of Tuesday, Newsweek reported. Truth Social’s parent company reportedly hit a low point last week not seen since …

Trump Newsweek Lost 267M

6 months, 1 week ago

Trump Media in spiral as it plunges to lowest level in months: report

Raw Story

Trump's media company is losing stock value yet again. Trump Media and Technology Group, formed by a merger with the "blank check" firm Digital World Acquisition Corp., manages Trump's Truth Social platform, a barebones social media site mainly used by Trump himself to make stream-of-consciousness posts known as "Truths." In recent weeks, the stock price of Trump Media, had been …

Media Trump Stock Share Trump Media

6 months, 1 week ago

Meet on revenue-sharing between Big Tech, online news publishers today

Hindustan Times

The ministry of information and broadcasting will hold an interministerial meeting on Wednesday to discuss the dominance of Big Tech companies in digital advertising and its disproportionate impact on digital news publishers and a possible legal framework to ensure a level playing field, according to a memorandum reviewed by HT. Meet on revenue-sharing between Big Tech, online news publishers today …

India Canada Tech Indian Google Digital Companies

7 months ago

Trump Media reports $327M net loss in 'dire' new filing: analysis

Raw Story

The financial problems plaguing former President Donald Trump's media company and social platform appear not to be getting any better, according to a new analysis. The Daily Beast reported Monday that Trump Media, the publicly traded parent company of Trump Social, reported a net loss of nearly $330 million in the first three months of 2024. Trump Media has been …

Media Trump Company Trump Media Social Reported

7 months, 1 week ago

BT jumps after new CEO aims to double free cash flow, focus on UK

Hindustan Times

* BT jumps after new CEO aims to double free cash flow, focus on UK New CEO says cash flow to double in 5 years * Could potentially dispose of global business * Dividend raised by 3.9% * Shares jump 9% By Paul Sandle LONDON, - The new boss of BT set out a path to more than double free …

Free Cash Flow Cash Flow New Ceo

7 months, 2 weeks ago

Disney’s streaming business (sans ESPN+) turns a quarterly profit

LA Times

The Walt Disney Co. name appears on a screen on the floor of the New York Stock Exchange. The company’s “entertainment streaming” business, which consists only of Disney+ and Hulu, was profitable for the quarter, notching operating income of $47 million, compared with a loss of $587 million a year earlier. Although Disney’s streaming business was a bright spot for …

Business Results Streaming Disney Company Revenue Operating Income

7 months, 3 weeks ago

Telegraph takeover: Why did it collapse and what happens next?

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. After a lengthy process, receivers for Telegraph Media Group …

Media Sale Takeover Process Fund Deal Telegraph

7 months, 3 weeks ago

'Stunning rise': Trump Media's stock value shoots up after weeks of crashing

Raw Story

After weeks of plunging in value, former President Donald Trump's media company stock appears to be on the upswing Monday. According to CNBC, "The share price of Trump Media soared by more than 12% in afternoon trading Monday, continuing a stunning rise that began in mid-April. "Earlier Monday, Trump Media issued a press release that essentially underscored previously released information …

Media Trump Share Trump Media Company Stock Stock Value

7 months, 4 weeks ago

China digital reading market flourishes in 2023

China Daily

During the Third National Conference on Reading, the China Audio-video and Digital Publishing Association unveiled the 2023 China Digital Reading Report, revealing a robust expansion in the nation's digital reading landscape. The report highlighted that the overall revenue of China's digital reading market in 2023 surged to 56.7 billion yuan, marking a substantial 22.33 percent increase year-on-year. The report also …

China East Asia Report 2023 Chinese Digital Digital Reading Reading Users

7 months, 4 weeks ago

Teacher-turned-livestreamer inspires viewers to fall in love with books

China Daily

Scenes from livestreamer Dong Yuhui's promotion of literary magazines. Hundreds of thousands of bookworms tuned in to Xinhua's livestream interview with teacher-turned-influencer Dong Yuhui on the eve of this year's World Book and Copyright Day, which fell on Tuesday. Two years ago, Dong was an ordinary livestreamer pitching agricultural products to online consumers on East Buy's Douyin channel, which was …

Books Dong Douyin Livestream East Buy

8 months ago

Spotify swings to profit, paying subscribers rise

Hindustan Times

Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter. Spotify swings to profit, paying subscribers rise The company posted a "new quarterly high" operating profit of 168 million euros a turnaround from a loss of 156 million euros over the same period …

Profit Million Quarter Spotify

8 months ago

Net EPFO subscribers in FY24 jump; check out the big numbers

Hindustan Times

In what is deemed as a bg improvement in India’s jobs situation, it has been reported that the Employees’ Provident Fund Organisation has logged over 19% growth in net subscribers to 1.65 crore members in 2023-24. There have been significant improvements across a number of metrics including net EPFO subscribers. The net subscribers addition by EPFO jumped in excess of …

Cent Plfs Epfo Big Numbers

8 months ago

UK banks set to report lower earnings as they retreat from 2023 highs

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s biggest high street …

Profit Report Billion Last Year Set Lloyds Natwest

8 months, 1 week ago

Trump Media stock plummets after big streaming service announcement: analysis

Raw Story

Trump Media & Technology Group stock took another tumble this Tuesday after it was announced that the company would be launching a new streaming platform. The stock, which traders under ticker DJT, fell 14 percent after a press release went out announcing the streaming service would come to phones, tablets, and TV through the Truth Social app, Yahoo! Trump Media, …

Trump Trump Media Truth Social Yahoo Finance

8 months, 1 week ago

'Poised to go down': Trump Media's $7.2 billion tumble spurs dire warnings from analysts

Raw Story

Former President Donald Trump's publicly traded media company hit new stock market lows Monday as finance experts warned a recently reported financial could signal the beginning of the end. Forbes Senior Editor Dan Alexander appeared on CNN's "Out Front" hours after news broke Trump Media would put more than 20 million shares up for sale because, as host Erin Burnett …

Trump Company Trump Media Tumble Spurs Stock Alexander

8 months, 1 week ago

Truth Social shares hit grim milestone as price sinks again

Raw Story

Share prices for the Trump Media and Technology Group Corporation sank yet again on Friday, marking the fifth straight day this week that the value of former President Donald Trump's social media venture has continued to slide. CNBC reports that shares in Trump Media dipped below $30 on Friday, a grim milestone for the company that signals it has lost …

Trump Great Truth Social Our Country

8 months, 2 weeks ago

Trump Media share price 'the greatest feat of chutzpah ever seen' in stock market: expert

Raw Story

Stock in the newly-public Trump Media company is completely worthless as a financial investment, and only exists for political purposes, wrote John Rekenthaler, a prominent financial expert and the director of Morningstar Research Services, in a blistering editorial for MSNBC on Wednesday. This comes after the stock in the company, which oversees the former president's Truth Social platform, surged to …

Media Trump Company Stock Trump Media Rekenthaler

Telegraph reports one-third rise in profits to £39m

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