Google & Facebook set to take 71% UK media revenues, Yahoo gets hacked (again) and Facebook pushes 360 video: this week in media

Google & Facebook set to take 71% UK media revenues, Yahoo gets hacked (again) and Facebook pushes 360 video: this week in media

US media-tech giants set to take 71% of UK’s online ad revenues

According to new research, Google and Facebook are set to see year-on-year growth of 24% over the coming years and take 71% of total UK online ad revenues - estimated at £4.1 billion - by 2020.  Read more on the Guardian >>
 

Yahoo gets hacked (again)

Yahoo, already in trouble over its September disclosure that 500 million user accounts had been hacked in 2014, disclosed on Wednesday that a different attack in 2013 compromised more than 1 billion accounts.  Yahoo share price tumbled on this news, with fears over their Verizon acquisition.  Read more on Yahoo >>
 

Facebook opens up live 360 video streaming

Facebook is expanding its live broadcasting feature so publishers can stream virtual-reality-like 360-degree videos directly to Facebook’s News Feed.  As part of its product launch, the social networking giant is paying brand and celebrities to create live videos.  Read more on Recode >>
 

Facebook plans to buy its own video shows

Facebook, which has long relied on other people to provide it with content, is going to start paying for its own video programming.  Talks with TV studios and other video producers  are being led by Ricky Van Veen, the College Humor co-founder who joined the company earlier this year.  Read more on Recode >>
 

UK’s the Memo raises six figures for International expansion

London-based media start-up the Memo has secured a six figure investment to help with their international expansion, and scaling their 5-strong editorial team.  Read more on CityAM >>
 

Happy New Year! & what 2017 holds for the world of media / tech

Happy New Year! & what 2017 holds for the world of media / tech

Murdochs bid for Sky, Guardian partner Vice & Dailymotion gets hacked: this week in media

Murdochs bid for Sky, Guardian partner Vice & Dailymotion gets hacked: this week in media