The Sky’s the limit

first_imgThursday 23 May 2019 6:10 pm The big story for Sky recently, of course, has been the takeover by Comcast. The American giant began the acquisition in the middle of last year, swallowing up Sky in stages after beating off a rival bid from 21st Century Fox, and in November it completed the deal by delisting Sky and making it a wholly-owned subsidiary. Make no mistake about it, this was a big-money deal: Comcast spent in the region of $50 billion buying Sky, which is a major investment by anyone’s standards. So I was keen to talk to Jeremy about the whole process!Remarkably, perhaps, given the gargantuan investment that Comcast has already made, Jeremy said that the future is about growth. He identified, among his priorities, generating more original content; bringing together product development pipelines; and doing more, more quickly, on a global scale. He was very upbeat about the future of the company, telling me that “the best years of this business are ahead of it”, and emphasised that it was the reason why he’d chosen to stay on as CEO rather than look for a new challenge. It was refreshing to see such a senior executive retain his enthusiasm after a dozen years in such a big job.As an avid TV watcher, I also wanted to discuss the enormous growth in pay-per-view TV. I binge-watch a lot of stuff on Netflix when I get the chance, as do lots of people, and I think the expansion of that sector has been really interesting to observe, because of what it says about the state of the market and the consumer appetite out there. Jeremy explained that, unusually for such a big sector, the pay-per-view market in Europe was really under-penetrated, meaning that providers had lots of “headroom” to expand. Sky has launched NowTV, its own Netflix rival, and it’ll be fascinating to watch how it fares against the established players. It’s a relatively young market, and, as Jeremy noted, there’s a degree of under-penetration, but it’s as cutthroat as any – and Sky will need to have the sharpest of sharp elbows to make themselves a space.Another aspect of this that intrigues me is how the different providers in the marketplace are going to work together. Some kind of cooperation is essential, because consumers simply won’t accept silos any more; so on my Sky Q box, I can get Netflix, I can get YouTube, I can get Spotify. In an ideal world, I wouldn’t even notice what device was presenting me with the content, and it would be seamless. But it’s not that easy. I put it to Jeremy that Sky had two potential “frenemies”, Apple and Disney. The former leads the way in devices, of course: iPhones, iPads, Apple watches, MacBooks. And with Apple TV, they own the platform that you using to watch their content. And Disney, well, Disney are sui generis; they have the history and the heft to please themselves, to a large extent. Jeremy’s reply was nuanced. There would be times, he said, when Sky worked with other producers, and times when the competed against them. Essentially, it’s going to be a mixed economy, because that’s the way it has to be.All in all, there’s a lot in Jeremy’s in-tray. We could have talked for hours. And this is all stuff which has a direct and intelligible impact on consumers. They’ll see the difference it all makes. I’ll watch with fascination, but, as always, my core belief is that the industry will eventually deliver what the consumer wants. Those who don’t will soon be out of the game. whatsapp The Sky’s the limit Tags: Company Sky whatsapp I’ve always been fascinated by the media. That’s just as well I suppose, as I run a reputation management firm. But I am constantly intrigued by its influence, its reach, the way it works – and always, always the stories going on behind the scenes. So it was a genuine pleasure to welcome Jeremy Darroch, the CEO of Sky, to my podcast, Media Masters, this week (listen here).Jeremy’s an interesting guy, because he doesn’t come from a broadcasting background. He trained in economics, and for many years worked in finance for Procter & Gamble. It was that skill set that first took him to Sky; first as chief financial officer, then in 2007 as CEO, which is already extraordinary longevity in an industry that can all too often eat its own young. Opinion City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. Share Paul BlanchardPaul Blanchard is founder of global reputation management practice Right Angles, host of the Media Masters podcast and author of Fast PR More From Our Partners Porsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKansas coach fired for using N-word toward Black playerthegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comColin Kaepernick to publish book on abolishing the policethegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comlast_img read more

ITV outperforms but there is a lack of audience

first_img ITV outperforms but there is a lack of audience Tags: NULL Oliver Smith whatsapp Thursday 13 November 2014 8:34 pm Share Show Comments ▼center_img BROADCASTER ITV celebrated its “best outperformance of the market for five years” yesterday, as the company saw broadcast ad revenues rise six per cent “well ahead of the UK television advertising market”, according to its chief executive.However, ITV said falling audience numbers were an area of concern as its channels’ ratings fell short of its expectations. “While ITV Family Share of Viewing is not as good as we would like, we remain clearly focused on improving onscreen performance and we expect to outperform the advertising market again next year,” said chief executive Adam Crozier.Total external revenues rose eight per cent to £1.8bn during the nine months to 30 September, led by 10 per cent growth in its ITV Studios original content division, which is behind the likes of Downton Abbey and Broadchurch.“We expect Studios to grow revenue by a similar amount to this year driven by the full-year benefit of our acquisitions and a return to organic growth fuelled by the global demand for high quality content,” said Crozier. ITV shares rose 2.24 per cent to close at 205.10p. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoLoan Insurance WealthDolly Parton, 74, Takes off Makeup, Leaves Us With No WordsLoan Insurance WealthUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndo Read This Next’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Crazy Rich Asians’ Director Wishes He Made South Asian Roles ‘More Human’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap whatsapplast_img read more

Morrisons new chief shelves old exec team

first_img More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPuffer fish snaps a selfie with lucky divernypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 Express KCS whatsapp whatsapp Share Tuesday 24 March 2015 9:38 pmcenter_img Tags: NULL Morrisons new chief shelves old exec team Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndozenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comUndoNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comUndoTheFashionBallPrince Harry Admits Meghan Markle May Not Be The OneTheFashionBallUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsUndo MORRISONS new chief executive David Potts has wasted little time in overhauling the beleaguered supermarket chain as he turfed out five of its senior managers yesterday.Potts, who only took the top job at the Bradford-based retailer last week, said he plans to simplify and speed up the business by building a “leaner senior management team”. Group customer marketing and digital director Nick Collard, retail dir­ector Martyn Fletcher, property and strategy director Gordon Mowat, logistics director Neal Austin and convenience managing director Nigel Robertson have all been asked to leave. Ross Eggleton and Miles Foster escaped the cull and will continue to lead logistics and the M local chain. The management departures come after Potts launched a campaign last week to receive cust­om­er and staff feedback. He also announced he would work in a store in April and encouraged other head office staff to do the same. He sought to show his commitment to the chain by buying over £1m of Morrisons shares.Morrisons has been hit hard by the fierce industry price war as all big four supermarkets battle it out to retain customers’ loyalty and fend off competition from the discounters.Former Tesco finance director Andy Higginson replaced Sir Ian Gibson as chairman earlier this year, while Potts – also a Tesco veteran – replaced Dalton Philips, who was ousted after failing to stem hemorrhaging sales. Potts faces a huge challenge ahead of him after the retailer reported its lowest annual profit in eight years just days before he joined. last_img read more

PODCAST: Behind the Flexport phenomenon; Ryan Petersen interviewed

first_imgBy Gavin van Marle 10/05/2017 For this week’s Loadstar podcast, managing editor Gavin van Marle travelled to San Francisco to interview Ryan Petersen, chief executive of start-up freight forwarder Flexport, a company at the forefront of the tech industry’s attempts to disrupt the freight forwarding and logistics business.Since its inception in 2013, the company has raised around $94m from Silicon Valley investors who have been sold on Mr Petersen’s story of marrying a traditional freight forwarding business to a tech start-up that writes its software, and the value that this can unlock for shippers.Customers have taken notice of that proposition: he claims in this interview that Flexport will be among the top 20 forwarders booking space on the transpacific trade by the end of 2017, while just this week it opened a new office in Atlanta.The Loadstar gained unprecedented access to Flexport to bring you this wide-ranging interview in which Mr Petersen talks about the unique composition of his teams; how carriers as well as shippers stand to gain from the vast data sets Flexport has accumulated; and offers some alternative names the container shipping alliances could have chosen. “Axis of Seavil” anyone?last_img read more

Premium / Against the odds: DSV Panalpina loses WOW factor

first_img Reset Forgotten your password? Please click here Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium Premium subscriber LOGIN Please either REGISTER or login below to continue LOGIN Email* By Alessandro Pasetti 25/11/2020 On 29 October, when Danish powerhouse DSV Panalpina (DSV PAN) announced its interim results – adding it would resume buybacks (up to Dkr6bn, or $960m), thus devoting most of its free cash flow to shrink the share count and adjust its capital structure – it was the classic “take it for it what it is” moment.Then depression kicked in, as usually happens after the hype*, but in fairness there’s no one to blame here as CFO Jens & CEO Jens … << Go back Password* Please Login New Premium subscriber REGISTER Email* Reset Your Passwordlast_img read more

Blood test may help predict which breast cancers will recur

first_img Women in the study had a CellSearch test five years on average after their cancer was found and treated.Among those with estrogen-fueled disease, 5 percent had cancer cells in the blood test, and they turned out to have a 22-fold higher risk of recurrence within roughly two years compared to women whose blood test was negative.About 65 percent of women with hormone-positive disease and a positive blood test did not have a new breast cancer within two years, but that doesn’t mean the blood test gave a false alarm, Sparano said.“We haven’t followed the patients long enough” — it could be that more tumors become evident with more time, he said.The blood test seemed to do a good job of identifying which of these hormone-positive patients were at low risk of recurrence, suggesting that women who test negative may be able to forgo an additional five years of hormone-blocking medicines.The test did not predict recurrence risk in the rest of the women in the study, whose tumors were not fueled by estrogen. They have a lower risk of recurrence after five years to start with.The study was funded by the Breast Cancer Research Foundation, Susan G. Komen Foundation and the National Cancer Institute.— Marilynn Marchione Can a ‘liquid biopsy’ detect cancer and save lives? Related: On the other hand, “if you had a negative test, there was a 98 percent chance you would not have a recurrence in the next two years” and perhaps could skip further treatment, he said.Sparano led the study and gave results Friday at the San Antonio Breast Cancer Symposium.advertisement A blood test five years after breast cancer treatment helped identify some women who were more likely to relapse, long before a lump or other signs appeared, a preliminary study found.It was the largest experiment so far to use these tests, called liquid biopsies , for breast cancer. Results suggest they someday may help reveal which women need longer preventive therapy and which ones can be spared it.“It could be providing an early warning sign” for some women that cancer is returning, said Dr. Joseph Sparano of Montefiore Einstein Center for Cancer Care in New York.advertisement A patient has her blood drawn for a liquid biopsy. Jacqueline Larma/AP Related: HealthBlood test may help predict which breast cancers will recur center_img The test — CellSearch, sold by Menarini-Silicon Biosystems — looks for stray cancer cells in the blood. By Associated Press Dec. 8, 2017 Reprints Newer birth control pills still modestly raise risk of breast cancer Breast cancer survivors may be tempted to rush out and get it, but doctors say it’s too soon for that. Although it’s been used for about a decade to monitor certain patients with advanced cancer during treatment, its value for helping to predict breast cancer relapse risk is not well established, and insurers won’t pay the $600 to $900 tab.The new study should spur more research on this right away, said Dr. Massimo Cristofanilli, a breast cancer specialist at Northwestern University in Chicago who has used these tests and consults for another company developing one.“Clearly, to me, we have to do something” now that this study suggests a wider role for them, he said.It involved 547 women in long-term follow-up from an earlier cancer drug study. Two-thirds of them had cancers fueled by estrogen, and in most cases it had spread to lymph nodes but not more widely.All had surgery and chemotherapy followed by hormone-blocking medicines for five years. Guidelines now recommend considering hormone blockers for up to 10 years, but they have side effects and their benefit beyond five years is fairly small. So finding a way to tell who really needs that would be a big help. About the Author Reprints Associated Presslast_img read more

Canadian Western Bank Q1 profit rises 10%

Canaccord reports record revenues, drops proposal to acquire RF Capital Revenue totalled $135.1 million in the quarter, up from $123.7 million. The increased revenue came as the company saw loan growth of 12% compared with a year ago. Provisions for credit losses amounted to $6.3 million for the quarter, compared with $6.4 million a year ago. “Overall lending activity remains solid and we are optimistic that our growing market presence and continued economic growth in Western Canada will support another year of double-digit loan growth,” president and chief operating office Chris Fowler said. “We were pleased to see some stabilization in net interest margin this quarter, excluding the impact of our subordinated debt issue completed in December, but we expect the current interest rate environment and increased competition will lead to continued pressure on this measure across the banking industry.” CWB is one of Canada’s smaller domestic banks, operating in the four western provinces. Keywords EarningsCompanies Canadian Western Bank Canadian Press Laurentian Bank reports $53.1M profit in Q2, beats expectations Canadian banks to focus on growth, spending and buybacks after strong second quarter Related news Share this article and your comments with peers on social media Canadian Western Bank (TSX:CWB) says its net income available to common shareholders in the first quarter was $45.5 million, up 10% from a year earlier. The profit for the quarter ended Jan. 31 amounted to 57 cents per share compared with a profit of $41.5 million or 54 cents per share a year ago. Facebook LinkedIn Twitter read more

ASC settles charges with family members

first_img SEC alleges man sold insider trading tips on dark web FINRA bans analyst for insider trading Facebook LinkedIn Twitter Related news James Langton Share this article and your comments with peers on social mediacenter_img Collectively, the family members made a profit of more than $91,000 through their illicit trading, the commission said. Travis Hurst, who garnered the tip during lunch with a friend and passed it along to the other two respondents, agreed to cease trading for five years. Bryan Hurst and Terry Hurst agreed to three-year trading bans. They also jointly agreed to pay $140,000 to the commission. In accepting the deal, the ASC acknowledged that none of the respondents had been disciplined before by the commission and that the three Hursts accepted responsibility for their misconduct in this instance. ASIC ready to make deals with devils Keywords Insider trading Three family members settled illegal insider trading and tipping charges with the Alberta Securities Commission (ASC) in connection with trading ahead of a takeover bid for energy firm, Connacher Oil & Gas. Ltd. Travis Hurst, Bryant Hurst and Terry Hurst — who are related to each other – admitted they breached securities rules when they traded on inside information regarding a forthcoming buyout proposal for Connacher Oil & Gas. They also admitted their actions were contrary to the public interest. last_img read more

Issuers must do a better job of reporting cybersecurity information

first_imgFinancial firms face significant risk from cyberattacks James Langton OSFI seeks to step up sector’s cyber resilience Facebook LinkedIn Twitter Keywords CybersecurityCompanies Canadian Securities Administrators The review of 240 issuers from three of the largest members of the Canadian Securities Administrators (CSA) — the B.C. Securities Commission, the Ontario Securities Commission and the Autorité des marchés financiers — found that 61% identify cybersecurity as a material risk to their business. However, few of these firms provide specific insight into their particular vulnerability to cybersecurity incidents while only 20% of the issuers that address cybersecurity in their disclosure identify a specific person, group or committee with responsibility in this area. In general, disclosure in this area should focus on material, firm-specific information and “avoid boilerplate language,” the CSA says. “While we acknowledge that exposure to cybersecurity risks may be common to all issuers in every industry, issuers should bear in mind that one of the purposes of risk factor disclosure is to allow the reader to distinguish one issuer from another, within the same industry or across industries, in terms of the level of exposure, the level of preparedness and how the risk impacts the issuer,” the regulators’ report states. The CSA report also stresses that issuers with material cybersecurity risks should provide disclosure that’s “as detailed and entity specific as possible,” but that they don’t expect disclosure that would compromise security. “Issuers should also address how they mitigate the risk, including whether and to what extent the issuer maintains insurance covering cyberattacks, or reliance on third party experts for their cybersecurity strategy,” the CSA report notes. Only a few firms admit they have suffered cyberattacks and only one said that it was a material breach, the report says. “In considering whether and when to disclose a cybersecurity incident, the issuer must determine whether it’s a material fact or material change that requires disclosure in accordance with securities legislation,” the CSA report says. “Materiality depends on the contextual analysis of the cybersecurity incident.” The regulators’ report indicates that their staffs will continue reviewing “disclosure of cybersecurity risks and incidents, monitor trends in disclosure and review the extent and timing of reporting of cybersecurity incidents.” The CSA will hold a cybersecurity roundtable in February to examine how various components of the financial services sector would respond to a cyberbreach. Photo copyright: loewolfert/123RF As investors go online, criminals follow Share this article and your comments with peers on social media Related news ESMA launches digital finance consultation Although most companies are potential targets for hackers, a new review of issuer disclosure from three of Canada’s largest provincial securities commissions finds that most firms aren’t yet providing much specific information about their cybersecurity efforts and possible breaches. last_img read more

NCSC Receives Computer Donation

first_imgRelatedNCSC Receives Computer Donation RelatedNCSC Receives Computer Donation RelatedNCSC Receives Computer Donation NCSC Receives Computer Donation LabourFebruary 4, 2010center_img FacebookTwitterWhatsAppEmail The National Council for Senior Citizens (NCSC) has received a donation of six computers from Food for the Poor to be used in its Information Technology (IT) training programme.Executive Director of the NCSC, Beverly Hall-Taylor, in expressing gratitude for the donation, stated that the equipment will enable the Council to train more seniors. “It will enhance our programme a lot because we had some obsolete (computers) and some were very slow so we had to cut back on the classes. We are so glad for this because it will get more persons to come in,” she said.She told JIS News that the seniors have been making use of their IT skills. “So, instead of writing letters they can do their communication by the way of the internet and it takes away loneliness and boredom. I know that they use it for greeting cards, to do invitations for their children, churches or their clubs and they do brochures and flyers,” Mrs. Hall-Taylor said.The IT training is offered at the Council’s Secretariat at 11 West Kings House Road, Kingston 10 on Mondays, Wednesday and Fridays.Manager, Management Information System, Ministry of Labour and Social Security, Mr. Marlon Mahon (right), guides participant in the Information Technology Programme, Ms. Mildred Baker, in the use of the computer. The National Council for Senior Citizens (NCSC) has received a donation of six computers from Food for the Poor, to be used in its Information Technology training programme, being held at the NCSC. The computers were officially handed over today (Feb. 3 ), at the Council’s West King’s House Road offices. Looking on is Chairman of the National Council for Senior Citizens, Mr. Joseph Mahfood.An agency of the Ministry of Labour and Social Security, the NCSC offers a range of programmes and activities that are geared towards improving the quality of life of the country’s senior citizens.In addition to the IT training, they also benefit from courses in handicraft and home help service, and participate in income generating activities, poster and essay competitions, among others. Persons can contact the Council at 926-2374/5 or 906-9272/8. Advertisementslast_img read more