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09.05.2024 / 13:23

Comedy Podcasts, Led by ‘The Joe Rogan Experience,’ Gained Ad Market Share in 2023 as Overall U.S. Spending Cooled

Todd Spangler NY Digital Editor Podcast ad revenue in the U.S. — after seven years of double-digit growth — hit a slowdown in 2023, with overall spending increasing 5% to $1.93 billion, according to a new report. The tepid growth in podcast ad spending last year came amid a “challenging advertising climate” that disproportionately affected mid-tier companies, according to research conducted by PwC for the Interactive Advertising Bureau (IAB).

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manchestereveningnews.co.uk

10.11.2023 / 19:09

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'Resignation scheme' launched as some of Greater Manchester's biggest hospitals face multi-million pound debts

One of the largest NHS trusts, operating some of the biggest hospitals in Greater Manchester is being forced to make huge savings amid a multi-million pound deficit. The NHS trust has announced that it has opened a ‘voluntary resignation scheme’ - but bosses deny this is a redundancy scheme, the Manchester Evening News can exclusively report.

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manchestereveningnews.co.uk

07.11.2023 / 20:19

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Greater Manchester’s NHS debt soars by £100m in just four MONTHS amid doctors' strikes and medication shortages

Greater Manchester’s NHS has plunged a further £100m into debt - meaning the deficit has spiralled by more than £800,000 a day over the last four months, the Manchester Evening News can reveal.

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manchestereveningnews.co.uk

22.09.2023 / 14:49

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Date announced for final Wilko store closures - full list of 111 shops set to shut for last time

The date the final Wilko stores will close for good has been announced. The collapsed retailer will shut its final 111 stores on Sunday October 8.

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manchestereveningnews.co.uk

14.09.2023 / 13:59

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What will happen to all the Wilko stores in Greater Manchester - when they shut and which are being bought

A number of Wilko stores have been snapped up by rival brands after the popular retailer fell into administration last month.

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manchestereveningnews.co.uk

14.09.2023 / 12:49

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What's happening to Wilko stores as The Range agrees on brand deal

Wilko's future has been hanging in the balance after the homeware retailer fell into administration in August.

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manchestereveningnews.co.uk

12.09.2023 / 15:35

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Poundland owner to buy 71 Wilko stores

Poundland owner Pepco will buy up to 71 Wilko stores as the chain sets to close indefinitely.

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manchestereveningnews.co.uk

12.09.2023 / 10:31

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All the 124 Wilko stores set to close down from next week

Hundreds of Wilko stores will close throughout autumn and winter.

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manchestereveningnews.co.uk

12.09.2023 / 10:05

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Student tower with panoramic roof-top terrace, 'Sky Sanctuary' and festival zone sold for almost £70m

A student accommodation block in Salford, which features a panoramic roof-top terrace, a "Sky Sanctuary" communal study space and a festival zone, has been sold for almost £70m.

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manchestereveningnews.co.uk

11.09.2023 / 12:31

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All 400 Wilko stores set to close next month with loss of thousands of jobs

All 400 Wilko stores will close by early October with the loss of thousands of jobs, the GMB union has said.

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manchestereveningnews.co.uk

11.09.2023 / 10:11

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Thousands of jobs at risk after Wilko rescue deal fails

More than 10,000 workers have been thrown into an uncertain situation after a deal that could have saved Wilko fell through.

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manchestereveningnews.co.uk

02.09.2023 / 08:09

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I went to Wilko's administration sale - it was so sad I could have cried

I'm sure there aren't many people who haven't shopped at Wilko at some point.

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Shoppers warned about fake Wilko websites that are scamming customers

Online shoppers have been warned to be aware of some fake Wilko websites that are currently being operated by scammers.

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manchestereveningnews.co.uk

14.08.2023 / 13:37

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Wilko administrators set deadline for potential bidders

Wilko administrators have given potential bidders a Wednesday deadline to table offers to buy the firm.

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Wilko plunges into administration as dozens of jobs in Ayr and Irvine stores placed at risk

Dozens of retail jobs have been placed at risk across two Ayrshire stores with the news that Wilko has been plunged into administration.

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Indian Media and Entertainment Industry to Grow 9% to $73 Billion by 2027, PwC Report Forecasts

Naman Ramachandran India’s media and entertainment industry is expected to reach $73.6 billion by 2027 with a compound annual growth rate (CAGR) of 9.48%, says consultancy firm PwC’s “Global Entertainment & Media Outlook 2023-2027” report. In terms of growth percentage, streaming leads the way with revenue surging 25% in 2022 to reach $1.8 billion. The market will continue to grow at 14% CAGR to produce revenue of $3.5 billion in 2027. This will be driven by the competitive SVOD sector, which accounted for 78% of sector revenue in 2022, the report says, adding that while subscription service revenues will expand at 13% CAGR to reach $2.6 billion, ad-supported services (AVOD) will grow at a higher rate, albeit from a lower base.

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Allen & Co. Sun Valley Conference Will See Annual Influx Of Media And Tech Moguls, But Economic Climate Freezes Major Dealmaking

Allen & Co.’s annual Sun Valley Conference is known for drawing an A-list roster of execs from across the media and tech realms, with a generous sprinkling of sports commissioners, politicos and other notables added to the mix.

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$108 Billion U.K. Media and Entertainment Market Will Remain European Leader, PwC Report Forecasts

Naman Ramachandran The U.K. will maintain its position as the leading entertainment and media market in Europe over the next four years, ahead of Germany and France, according to PwC’s Global Entertainment & Media (E&M) Outlook 2023-2027 report. U.K. E&M revenue is expected to reach £85 billion ($108 billion) this year with growth forecast at a compound annual growth rate (CAGR) of 4% over the next four years to generate revenue of £100 billion overall by 2027. The report predicts that the next biggest European E&M markets – Germany, which is expected to reach £83.1 billion in 2023 and France, set to touch £54.6 billion in 2023 – will grow to £90.8 billion and £61.1 billion by 2027 respectively.

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Pay-TV Will Dip To 38% Of U.S. Homes By 2027 As Exodus Continues; Streamers Facing Saturated U.S. Market, “Tectonic” AVOD Shift – PwC Forecast

By 2027, the U.S. television industry will see $30 billion less annually from traditional subscription and advertising revenue than it did a decade earlier amid ongoing cord cutting, according to a new forecast by PwC published today.

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Podcast U.S. Ad Revenue Projected to Hit $2.3 Billion in 2023, up 43%

Todd Spangler NY Digital Editor Listen up! While podcast advertising revenue remains relatively small, it’s growing quickly — and the sector is poised for a strong double-digit gain this year, despite economic headwinds. In 2023, U.S. podcast ad revenue is expected to total $2.28 billion, up 43% year over year, according to new research conducted by PwC for the Internet Advertising Bureau (IAB). Last year, the segment increased 26%, to hit $1.8 billion, per the study. By 2025, podcast advertising revenue in the U.S. is projected to reach about $4 billion. Overall, podcasting continues to be one of the fastest-growing digital channels, growing two times faster than digital advertising overall — although for 2022 it remained less than 1% of the total pie (which PwC pegged at $209.7 billion).

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Comedy Podcasts, Led by ‘The Joe Rogan Experience,’ Gained Ad Market Share in 2023 as Overall U.S. Spending Cooled

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