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Pearson's Pretax Profit Rises; Extends Share Buyback Plan by GBP200 Mln -- Update

By Najat Kantouar Pearson reported a higher pretax profit for 2023 despite lower sales and said that it is extending its share buyback program by a further. ....

Najat-kantouar , Omar-abbosh , Pearson-vue , Pearson , English-language-learning , Executive-officer-omar-abbosh , Article-normal , Printing-publishing , Media-entertainment , Publishing , Financial-performance , Earnings

ITV Sells BritBox International Stake for $322 Mln; Launches Buyback

By Michael Susin ITV said it has sold its entire 50% stake of the digital subscription streaming service BritBox International to its joint venture partner. ....

United-kingdom , British , Carolyn-mccall , Michael-susin , Britbox-international , Executive-carolyn-mccall , Article-normal , Printing-publishing , Multimedia-content-services , Broadcasting , Television-broadcasting , Commercial-television

Lagardere Shares Drop After Company Posts Lower Profit

By Nina Kienle Lagardere shares fell after the company posted a decline in net profit for 2023 that missed consensus expectations despite a jump in revenue. ....

France , French , Nina-kienle , Lagardere , Visible-alpha , Article-normal , Printing-publishing , Magazine-publishing , Media-entertainment , Publishing , Financial-performance , Earnings

Lagardere 2023 Rev EUR8.08B

By Pierre Bertrand Lagardere said its net profit fell after costs rose and despite a rise in revenue that was driven by its travel retail business. The. ....

France , French , Pierre-bertrand , Lagardere , Article-normal , Printing-publishing , Magazine-publishing , Media-entertainment , Publishing , Financial-performance , Earnings , Corporate-industrial-news

Vice Media to shutter website, lay off 'several hundred' employees

Vice Media plans to lay off several hundred employees and no longer publish material on its Vice.com website, the company’s CEO said in a memo to staff. ....

New-york , United-states , Washington , Los-angeles , California , Bruce-dixon , Los-angeles-times , Fortress-investment-group , New-york-times , Vice-media , Buzzfeed-news , Washington-post