Video-sharing platforms, such as YouTube and Facebook video, enjoy a light-touch regulatory regime for harmful content and advertising. As video viewing of non-broadcaster content grows, the regulatory gap between TV broadcasters and video-sharing platforms widens, part of a broader uneven playing field for publishers and platforms
Virgin Media had a mixed quarter, with subscriber ARPU growth maintained, partly driven by a triple play focus with pay TV and telephony adds much improved, but subscriber and broadband net adds unchanged
Cable revenue growth did slow from 3.6% to 3.1%, mainly due to the previous quarter’s net adds slowdown working through, and it is still growing the fastest of the big operators in a slow-growth market that still suffers from pricing pressure at the low end
Although launched with an array of public service goals in mind, local TV’s flawed design has created a sector struggling to live up to its optimistic ambitions.
Five years and £37 million of licence fee monies later, it is unclear what public service contributions are being made, or whether the scheme has provided value-for-money. A wholesale review of the sector is urgently needed.
The decline in demand in print presents trading challenges, but the more immediate pressures are on the supply side, with a 15% rise in paper prices accentuating the burden of production and distribution costs
With digital advertising growing at stubbornly low rates, UK publishers need to return to their fundamental consumer-centred strengths by switching their strategic attention towards strong brands, curation, and community
Douglas McCabe was quoted in The Guardian on the relaunch of Interview magazine. Douglas said “In the magazine sector as a whole there has been enormous over-supply problem, and why we’ve seen such a car crash in the middle market where advertising has practically collapsed...But high-end magazines with a commitment to high-end editorial values, well-heeled demographics and a high-end supply of advertising have been living in a much less volatile market.”
Alice Enders appeared on Bloomberg News to discuss Fox results and the battle for Sky. Alice said “The stand out is how well the cable programming network did with 60% of Fox revenues and the centre of profitability. These “New Fox assets” won’t transfer to Disney, but Fox brings filmed entertainment as well as 39.1% of Sky, the number one Pay-TV business in Europe to Disney, 2019 is about a direct to home offer”
James Barford was quoted in the MailOnline on the fact one in ten homes in the UK are still not connected to the internet, with less than two thirds of over 65s online. James said "It's very much an age thing,' he added. 'As with most new technologies, older people have been slower to adopt. It is a question of choice – some people aren't yet interested."
Tom Harrington appeared on BBC World Service to discuss Disney's new streaming service. Tom said when the Disney Fox deal goes through it will change the landscape for film and TV. "This is an amalgamation of great proportions. These two power houses coming together, that's 50% of the US Box Office, it's a massive share of TV viewing especially amongst the youth in the US. Disney's first stand aloneservice will be targeting families so they can feasibly sit side by side with Netflix. With other services creating an ecosystem such as sports packages, they can create a bundle which can get into every home including those who may not have considered streaming videos before"
Tom Harrington was quoted by BBC News on how the use of commercial video streaming services has surged ahead in Great Britain, according to official figures.Tom said "If you look at the breakdown of who is using these services, it's starting to bleed outside the younger tech-savvy audiences and getting traction among older groups as well."You can see that reflected in the types of programming being made available, with Netflix and others commissioning original shows pitched at more mature audiences."
Matti Littunen was quoted in Campaign on the sudden flurry of ad agency reshuffles and departures. He said that “Some restructuring at WPP agencies, including changing of the guard, was inevitable after Martin Sorrell's departure. Indeed, some of it would have likely happened even had he stayed on, such is the pressure on the holding group model." He believes that creative agencies, such as Ogilvy, have taken a back seat in the holding group model as media agencies took over much of the strategic planning for client accounts. Matti also told Campaign that consulting is going to be the way forward for the industry. “Professional services firms have gradually expanded their offering to advertising services, increasingly taking away agency business," he said. "Leo Rayman's move is yet another indication that WPP intends to meet this challenge by going in the opposite direction, by expanding further into professional services, but also that they see creative as a key differentiator in doing so."