The Times
27 June 2019Matti Littunen was quoted in The Times on Ministers are too lenient towards the tech giants’ intrusion into our lives. He said “It’s like owning the M1 and most of the lorries."
Matti Littunen was quoted in The Times on Ministers are too lenient towards the tech giants’ intrusion into our lives. He said “It’s like owning the M1 and most of the lorries."
Joseph Evans was quoted in the Financial Times on Retail: how bookshops survived the Amazon onslaught. He said "Given the scale of Barnes & Noble, which has more and bigger stores than Waterstones — how applicable is that model." He added that “The impetus is the right one. The threat to [both] is coming from the same place.”
Francois Godard was quoted in the Financial Times on Italy’s Mediaset buys near 10% stake in Germany’s ProSiebenSat. 1 He said "Mediaset’s move was consistent with its message to shareholders that it is in a scale game to sell advertising across borders and have resources to invest in bigger programmes. Italians and Germans don’t like and watch the same programmes. Mediaset is not a producer of quality content with international audiences." He added that media groups in the UK, Europe’s largest advertising market, were unlikely to be targeted by Mediaset, as the British market was “pretty consolidated”. “It would be difficult to see ITV get into a pan-European thing like that,”
Claire Enders was quoted in the Financial Times on ITV facing off with BBC over joint streaming service BritBox. Claire Enders believes proposed advertising restrictions on unhealthy foods and pressure on the BBC to waive licence fees for the elderly mean the BBC, along with Channel 4 and Channel 5, are unlikely to pay.
Joseph Evans was quoted in the Financial Times on Amazon leads $575m funding round into food delivery app Deliveroo. He said “Deliveroo has found a way to get things to people very quickly in built-up areas [so] that’s something that Amazon will be interested in. If right now they’re carrying pizzas and burgers, why shouldn’t they deliver books? If Amazon is serious about that market, they’ll put subsidies in. We know that they are willing to operate in a lossmaking business for a long time and their investors are willing to back them.”
Claire Enders was quoted in the Financial Times on Pressure mounts on ITV after Jeremy Kyle show death. She said “Markets may have gotten spooked, but investors and ITV are more concerned about broader issues that the whole industry is facing. Jeremy Kyle is bigger in the Daily Mail than in reality. People are assuming they have lost a bigger star than they actually have.”
Karen Egan was quoted in the Financial Times on Vodafone faces growth test after cut to dividend. She said "The company has been cutting costs, looking to form network-sharing deals and investing for 5G. But it is still underperforming. The dividend cut is a casualty of that underperformance rather than a solution for it."
Claire Enders was quoted in The Times on BBC may strip free licences from millions in means test. She said “It is bound to outrage millions of people that they will be paying for their licence fee. There will be 3.5 million extraordinarily angry people.”
Francois Godard was quoted in the Financial Times on France’s Iliad to raise €2bn by selling mobile towers to Cellnex. He said “Selling towers to Cellnex makes sense, the French group was taking advantage of the fact that financial markets are ready to give a higher value to towers when they are set aside in a separate corporate shell than when they are buried in an operator’s balance sheet. But it does not change the Iliad business model.”
Tom Harrington was quoted in the Times on Dame Carolyn, are you sure we will be amused by your TV streaming service? He said “They are wishfully thinking that BritBox’s subscribers will be in the millions, but look at something like the streaming service Disney Life; that has only 100,000 subscribers. Then there is Now TV, which has fewer than 2m, and that has been around for seven years and has some of the best content in the world.”