Homepage

“So far, nothing has really gone Rupert’s way,” says Alice Enders at Enders Analysis. “All this is embarrassing. It’s all bad for Rupert’s legacy.”

She added that Fox’s huge profits mean it can absorb the financial blow. But she adds: “I think the fact that litigation is going to go on and on makes it very difficult to value Fox because it’s got these potential liabilities.”

“It is riveting that Fox lawyers have failed to stop the trial,” says Enders. “I would have thought that someone should have told Rupert many months ago to settle this, even though it may appear to be some form of admission.”

“TikTok led the global short video field over the last few years — 2023 is the first time that run may be challenged,” said Jamie MacEwan, senior research analyst at Enders Analysis. “TikTok’s user base crossed a billion while ad revenue reached around $9 billion in 2022, up tenfold on 2020. We expect its ad growth to slow a bit to around 40% this year.”

“ByteDance has an advantage here with its pre-existing creator relationships through TikTok,” said Jamie MacEwan, senior research analyst at Enders Analysis. “They may be hoping that using creators will make Lemon8 less reliant on marketing spend for user growth, though TikTok’s years of hefty marketing outlays suggests there’s no way round spending billions to achieve massive global scale.”

"At a certain point decision-makers at these companies forgot that the harvest period of trend-busting growth and cheap money wouldn't last forever," Jamie MacEwan, senior media analyst at Enders Analysis, told Insider.

Claire Holubowskyj of Enders Analysis told Insider: "Removing the friction from using BNPL in-store will be an important differentiator for consumers, particularly as in-store retail continues to return post-pandemic, and will give Apple a leg up on competitors."

She said Apple won't be expecting a mass uptake of the offering given how fragmented the market is and how late they are to the party. Rolling out Apple Pay Later in one market will limit the risk by allowing the company to "assess performance and reevaluate if necessary," Holubowskyj added. 

She pointed that Apple has a very healthy balance sheet will tens of billions of cash on hand. Neither is it suffering from the same over-hiring problem as other prominent tech companies.

Marshall’s turnover increased 4pc to £36.4million in 2021, with pre-tax profits hitting £5.7million.

Alice Enders, music expert at Enders Analysis, said: ‘The inheritors were stuck in a position where they had to sell it in order to grow it. 

In this sense, the Fed’s monetary tightening has trickled down from economic policymakers in Washington, to the stars in Hollywood and Americans at home on their sofas. “If those macro effects weren’t there you’d probably still have streaming services spending more and more,” said Tom Harrington, analyst at Enders.