May 17 2013 21:16 BST ITV eyes life after near-death dropITV appears to have learnt from its "near-death experience" at the height of the last advertising recession. The stark words - used in 2010 by Michael Grade, the broadcaster's former executive chairman - referred to a sudden downturn in 2009. ITV had been predicting that airtime sales for April thatBy Robert Budden |
May 15 2013 00:08 BST US earnings: irrational drearinessFirst-quarter reporting season is nearly past and, for US companies, it can be summed up thus: more of the same, only drearier. Sales growth for companies in the S&P 500 will come in a bit shy of 1.5 per cent, according to S&P Capital IQ - even lower than the |
May 13 2013 19:53 BST US television: sofa so goodIt makes one feel culturally and digitally up-to-date to think that cable and the internet will kill broadcast TV. The issue is pressing at the moment because "upfronts" are here: the period when US broadcasters present autumn line-ups, in the hope of nailing down commitments from advertisers. Given that US |
May 13 2013 18:47 BST US stocks hit new intraday highsUS stocks climbed to new intraday record highs to start the week as stronger-than-expected US retail sales data provided some relief to investors worried over a possible slowdown in the world's largest economy. The S&P 500 rose 0.1 per cent to 1,634.46 just after midday in New York, reaching aBy Arash Massoudi in New York |
May 12 2013 22:00 BST Bob Bruner of the Darden school at the University of VirginiaAt first glance, Bob Bruner might appear to be a traditional US business school dean. He is smartly dressed, bespectacled and affable, with degrees from Harvard and Yale under his belt. He has a penchant for research into corporate finance, with around 300 case studies to his name. He isBy Della Bradshaw |
May 10 2013 20:34 BST A letter to the short sellers from Tesla and NetflixElon Musk, boss of electric luxury car maker Tesla Motors, and Reed Hastings, chief executive of Netflix, love to write quarterly updates to their shareholders. United in vindication, they have just filed a joint letter to short sellers who have bet against their companies. Dear greedy speculators, How are those |
May 09 2013 20:14 BST Google launches YouTube subscriptionsGoogle has entered a market dominated by cable and satellite television with the launch of a global subscription service for 30 channels on YouTube, a move that challenges the established order of the broadcasting industry. The announcement, first revealed this week by the Financial Times, will give owners of popularBy Matthew Garrahan in Los Angeles |
May 05 2013 14:52 BST Google set to unveil subscriptions for specialist YouTube videosGoogle is on the verge of unveiling an à la carte subscription service for some of YouTube's specialist video channels, to finance a broader range of content and add a second revenue stream to the digital video market leader. The move, which has been in the works for months, couldBy Matthew Garrahan in Los Angeles and Andrew Edgecliffe-Johnson in New York |
May 01 2013 20:13 BST US media groups bank on digital rightsMedia companies are banking on the prospect that tech firms will continue to pay up for digital rights to their programmes, despite recent warnings from Netflix that it would become choosier in its deals for traditional television content. "We continue to see the digital distribution arena as a growing opportunityBy Emily Steel and Andrew Edgecliffe-Johnson in New York |
Apr 26 2013 23:01 BST Wall St finishes week on down noteMixed economic data and company earnings failed to deter investors from pushing share prices higher this week, sending the S&P 500 back towards record territory. The week's gains, however, stalled on Friday after data showed that the economy grew less than expected during the first quarter. Friday ended a runBy Arash Massoudi and Jason Abbruzzese in New York |
