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Posts made in June, 2014

L'Oréal and Channel 4 end trading dispute

on Jun 26, 2014

By Louise Ridley L’Oréal and Channel 4 have resolved their six-month trading dispute that has kept L’Oréal ads off all Channel 4 and UKTV channels in 2014. Read full story › Source: Campaign...

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Dennis was truly a force of nature

on Jun 26, 2014

By James Tye You always learned to expect the unexpected with Felix Dennis, recalls James Tye, chief executive of Dennis Publishing who worked with the media maverick for 18 years. Read full story › Source: Campaign...

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Cheques given new lease of life as banks get photo-cashing go-ahead

on Jun 26, 2014

By John Glenday UK banks are to begin allowing people to pay in a cheque simply by taking a photo of it on their smartphone after the government after the government announced new legislation to introduce the photo-cashing system. The time-saving measure promises to reinvigorate the market for cheques, which accounted for £840bn of transactions in 2012, by allowing customers to process them without the need to leave their home or office. Steven Roberts of Barclays, which has already trialled the system, said: “This is an opportunity to move cheques into the 21st Century, to reduce costs and make banking easier and more Read full story › Source: The Drum...

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Sorrell sees off another shareholder revolt over £30m pay

on Jun 26, 2014

By John Glenday WPP head Sir Martin Sorrell has seen off another revolt over his £30m pay and incentives package after 28 per cent of the advertising giants shareholders failed to support the ‘excessive’ pay policy. The divisive annual meeting was dominated by the issue of remuneration with investors voicing concern at the huge sums of money being lavished on executive pay both now and in the future. Removing abstentions from the equation fully 18 per cent outright opposed the £29.8m pay deal for Sorrell last year that made him the best-paid executive in the FTSE 100. Opposition was also mounted against future remuneration policy with Read full story › Source: The Drum...

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Aereo loses right to stream live TV online in US copyright battle

on Jun 26, 2014

By John Glenday Subscription TV service Aereo has lost a copyright battle with some of the biggest broadcasters in the business over its right to undercut mainstream satellite and cable services. Aereo picked up signals from major networks such as ABC, CBS, Fox, NBC and PBS using an array of tiny antennas before streaming them to consumers for as little as £5 a month to view on smartphones and other mobile devices. This put the broadcasters in danger of losing out on the large fees it can demand of providers who relay their signals by satellite or cable. Aereo had argued that as each antenna could Read full story › Source: The Drum...

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