- In defence of ticket touts
- Please don't tell individual investors to buy leveraged loans
- RIB Software: the unicorn rainy-day fund
- Did Soros really give Tesla a “vote of confidence”?
- At a crypto conference in New York, it feels like 2017 all over again
- Egregious expectations - Intelsat edition
- Bitcoin cash is expanding into the void
- Stop getting The Flintstones wrong
- Bond investors do not care if Argentina is solvent in 100 years
- Ubiquiti Networks: of cash and borrowed time
- “We're very disappointed in you, Spotify”
- 'Sex redistribution' and the means of reproduction
- Tesla probably needs to raise capital this year
- No entitlement crisis in America
- Free cash flow to whom?
- Hey crypto bros! Journalism ≠ advertising
- Human capital and the jobs guarantee
- This is a tech bubble, when's the crash?
- The magic of adjustments: ebitla-dee-da
- FUD, inglorious FUD
The circle of life, and it moves us all.
Last week at the London Palladium, ITV showcased the best of its televisual talent and new content for an audience of advertisers – as well as for soon-to-start chief executive Dame Carolyn McCall, writes Matthew Vincent. Then, yesterday, Amazon announced its new blockbuster TV productions as it seeks to lure more viewers away from traditional broadcasters. Their respective offerings can perhaps be summed up as Simon Cowell, Piers Morgan, and the cast of Loose Women versus a multi-season adaptation of JRR Tolkien’s Hobbit-laden fantasy Lord of the Rings.
Undercutting your way to greater market share without offering any associated productivity enhancement isn’t a formula for long-term success. For now, investor patience is a given. Whether it will be forever is another matter.
The bad news about America’s news business is relentless, so we were glad to find a sign of hope buried in the national accounts. But does it stand up to scrutiny?