Mobile Marketing
The Entertainment Retailers Association (ERA) has calculated that in 2019 Britons spent more than a billion pounds on music streaming services for the first time, "Mobile Marketing" reveals.
Campaign
Shopping mall owner Hammerson has appointed Clear Channel to run its network of 233 digital screens across 12 shopping locations, including The Bullring in Birmingham and Brent Cross in London, "Campaign" reports.
Press Gazette
Vice is blaming a significant drop in revenue in its latest accounts as due to Brexit uncertainty causing a significant dip in business with Europe, "Press Gazette" reports.
Campaign
Costa Coffee has switched its media account to MediaCom after a ten-year relationship with Zenith, "Campaign" writes.
The Guardian
"The Guardian" is quoting analysts today suggesting this is the year where rival online streamers will put the brakes on Netflix's growth. It names Disney+ and its Star Wars spinoff The Mandalorian as the biggest threat to Netflix.
The Telegraph
"The Telegraph" brings news that Google is to end its use of an offshore subsidiary in Bermuda to legally divert massive profits away from the EU via The Netherlands or Ireland. The paper reveals that the tech giant has anticipated that new tax laws will close the loophole and it will now shift payments for licensing its technology back to the US direct.
Sky News
Video advertising business Unruly will be sold by Rupert Murdoch's News Corp to Tremor Media, "Sky News" reports. It is believed News Corp will take a small stake in the new business, estimated to be in the region of 10%, as part of the deal. The price being paid for Unruly is not known but is thought to be considerably less than the GBP115m News Corp paid for the business in 2015.
The Telegraph
"The Telegraph" is reporting that according to eMarketer, UK growth at Instagram has dropped from 34% to just 7% last year due to the site's inability to appeal to older age groups.
Sky News
The Competition and Markets Authority (CMA) has revealed it has not received satisfactory answers to its initial concerns over Amazon investing in Deliveroo and will now conduct a phase two probe, which is the next step toward a full investigation, "Sky News" reports.
NetImperative
Stores saw a poor performance on Boxing Day according to the latest figures from ShopperTrak. Netimperative reveals that the researchers recorded an 11.8% decrease in footfall compared to the year before.