Latest news with #MediaIndustry
Forbes
3 days ago
- Business
- Forbes
Getting Funded In Black Media: Who Owns The Story—and The Capital?
Rhonesha Byng, founder of Her Agenda and cofounder of BOMESI, joins Forbes to discuss the power of ownership and the urgency for Black media founders to scale on their own terms—recorded live at Forbes. In this week's edition of the ForbesBLK newsletter, Rhonesha Byng, founder of Her Agenda and cofounder of BOMESI, unpacks the case for media as a long game, the need for infrastructure over influence, and why Black media isn't a 'niche'—it's a missed market. Click here to get on the newsletter list! If you're in the Black media space, you've likely heard of BOMESI—the Black Owned Media Equity and Sustainability Institute—and Rhonesha Byng, a Forbes Under 30 alum who has been working at the intersection of media and equity for nearly two decades. Earlier this week, I sat down with Byng, founder of Her Agenda and cofounder of BOMESI, for a wide-ranging conversation on power, ownership, and why Black media can't afford to wait for permission — or perfect conditions — to scale. As a college sophomore in 2008, Byng launched Her Agenda, a digital platform created to close the gap between ambition and achievement for women. Fifteen years later, she's still betting on visibility, ownership and infrastructure — now with BOMESI, focused on confronting what many founders know too well: Black creators drive culture and consumer engagement but remain vastly underfunded by advertisers, investors and media buyers. 'Black creators know how to make a dollar out of fifteen cents,' Byng said. 'But we shouldn't have to keep proving our value while others copy our playbook.' We also talked about what many investors still miss: media isn't a vanity sector — it's an undervalued asset class. It requires patience and doesn't fit the '10x' tech mold. But with $300 billion in annual ad spending — and less than 2% reaching Black-owned outlets — the market inefficiency is obvious. 'Whoever controls the media controls the mind,' Byng told me. 'Ownership matters. Infrastructure matters. And the audience is already here.' Watch the full Forbes Talks interview to hear: - How she built Her Agenda from a dorm room to a national platform. - What defines a founder ready to scale. - Why niche beats general. - Why the 2025 BOMESI Summit in Detroit on June 7-8 is a marketplace for media equity. Enjoy this week's newsletter, and keep up with me on LinkedIn.
Yahoo
02-06-2025
- Business
- Yahoo
Is Now The Time To Look At Buying Reach plc (LON:RCH)?
While Reach plc (LON:RCH) might not have the largest market cap around , it saw a double-digit share price rise of over 10% in the past couple of months on the LSE. The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value. Is there still an opportunity here to buy? Let's examine Reach's valuation and outlook in more detail to determine if there's still a bargain opportunity. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Great news for investors – Reach is still trading at a fairly cheap price according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. we find that Reach's ratio of 4.47x is below its peer average of 12.63x, which indicates the stock is trading at a lower price compared to the Media industry. Although, there may be another chance to buy again in the future. This is because Reach's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity. View our latest analysis for Reach Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Reach's earnings over the next few years are expected to increase by 38%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? Since RCH is currently below the industry PE ratio, it may be a great time to increase your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current price multiple. Are you a potential investor? If you've been keeping an eye on RCH for a while, now might be the time to enter the stock. Its prosperous future profit outlook isn't fully reflected in the current share price yet, which means it's not too late to buy RCH. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed assessment. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. At Simply Wall St, we found 2 warning signs for Reach and we think they deserve your attention. If you are no longer interested in Reach, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Arabian Business
24-05-2025
- Entertainment
- Arabian Business
Dubai launches inaugural film and gaming forum at Arab Media Summit 2025
The Dubai Films and Games Commission will organise the inaugural Film and Gaming Forum at the Arab Media Summit 2025, taking place from 26 to 28 May. The initiative operates under the patronage and directives of Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council. The Forum represents Dubai's push to establish itself as a global player in content creation and marks an expansion of the media industry into future-oriented sectors, according to a statement by the Dubai Media Office. Dubai launches new film and gaming forum The Dubai Films and Games Commission (DFGC), operating under the Dubai Media Council, has secured participation from global and regional organisations including Amazon, Netflix, Olsberg SPI, BC Productions, Square Enix, and the Arab Fund for Arts and Culture (AFAC). 'The launch of the Film and Gaming Forum represents a significant expansion of the Arab Media Summit's agenda, reflecting our commitment to embracing the full spectrum of today's media industry. Film and gaming are among the fastest-growing sectors in today's global media industry, generating significant economic value while also providing new opportunities for creative talent across the Arab world. As these industries continue to grow, it is critical that we provide a platform to discuss their future, share global best practices, and spotlight the innovation emerging from our region – from AI and digital technologies in storytelling to women-led content creation and new business models in entertainment,' Mona Ghanem Al Marri, Vice Chairperson and Managing Director of the Dubai Media Council, President of the Dubai Press Club, and Chairperson of the Organising Committee of the Arab Media Summit said. She further highlighted Dubai's infrastructure, investment ecosystem, and creative energy as positioning the city to lead discussions and drive growth in these sectors as part of a broader vision to become a global media and content creation hub. Nehal Badri, Secretary General of the Dubai Media Council, described the Forum as reflecting 'a strategic, future-oriented shift in how we seek to advance the region's media sector.' 'Film and gaming are emerging as key pillars within the media economy, with impact on technology integration, job creation, talent development, and global competitiveness,' Badri said. The Forum will create space for discussions about building local talent pipelines, strengthening regional production capabilities, and exploring gamification, immersive content, and tech-driven formats. 'The Film and Gaming Forum has been designed as a dynamic platform to bring together leading global players — including Amazon, Netflix, Olsberg SPI, BC Productions, Square Enix, and the Arab Fund for Arts and Culture (AFAC) — to exchange insights, drive collaboration, and explore the rapidly evolving worlds of cinema, gaming, and digital storytelling, both regionally and globally,' Hesham Al Olama, Director of Strategy and Performance Management, Dubai Media Council said. Day one programme The opening day features a gaming session titled 'The Future of Gaming: From Passion to Profession', with Mohammed Al Albsimi, Founder and CEO of TrueGaming; Abdullah bin Baz, CEO of Baz Station; and Mona Al Falasi, Director of eSports Strategy at the Dubai Festivals and Retail Establishment. Media personality and content creator Jassim Alsheheimi will moderate the session. A session exploring trends and technologies shaping media's future will feature insights from innovators, influencers, and decision-makers in partnership with the Dubai Media Council. The day includes a 'Women in Film and Cinema' panel held in collaboration with the Arab Fund for Arts and Culture (AFAC), Netflix, and the Dubai Films and Games Commission, alongside curated Women in Film screenings. Day two sessions The second day, coinciding with the Arab Media Forum, continues with 'Drama's Success in the Digital Age', hosted in partnership with Shahid. The panel brings together director Mohamed Sami, Tarek Al Ibrahim, General Manager of Content at MBC1 and Shahid, and Ahmed Qandil, Director of Growth, Brand Marketing, and Communications at Shahid. Sarah Dundarawy from Al Arabiya will moderate the discussion. A collaboration with Olsberg SPI features 'Future of TV and Cinema Production', examining how the Arab world can revitalise its cinema and drama golden era. The session explores challenges, opportunities, and the sectors' role in the region's soft power strategy. 'Emirati Film Industry … Where is it Heading?' brings together Emirati filmmakers Abdulla Al Kaabi, Nawaf Al Janahi, and Hana Kazim, with moderation by Latifa Khoory from the Dubai Media Council. The day features 'The Business of Gamification' with Hideaki Uehara, General Manager of Investment and Business Development at Square Enix, followed by 'City of Stories', a session with Emirati director Ali Mostafa in conversation with Ahmad Abdullah, Director of Dubai TV. Final day programming The third day, coinciding with the Arab Social Media Influencers Summit, opens with a conversation featuring Bollywood star Saif Ali Khan, moderated by media personality Anas Bukhash. Actress Laila Abdallah will participate in 'Beyond the Truth in Social Media', moderated by LBC presenter Rodolph Hilal. A panel of Arab stars follows, featuring actor Ahmed El Sakka, writer and actor George Khabbaz, and actress Huda Hussein, moderated by television host Neshan Der Haroutyounian. 'Your Film at a Festival … What's Next' features Dominique Unsworth, CEO Resource Productions, discussing festival participation value and its role in raising cinematic quality. Amazon collaborates on this session. The Forum concludes with 'Video Game Industry: Between the Public and Private Sector', featuring Rob Otten, CEO of Hexagram Rethink Entertainment; Faisal Kazim, Project Manager at Dubai Future Foundation; and Sophie Boutros from the Mohammed Bin Rashid School for Communication at the American University in Dubai. Rashid Al Awar, a specialist at the Virtual Technology Centre, will moderate.
Fox News
21-05-2025
- Politics
- Fox News
'60 Minutes' producers rail against Trump's 'bulls---' lawsuit, dread prospects of Paramount making settlement
Print Close By Joseph Wulfsohn Published May 21, 2025 "Tick, tick, tick" is the sound "60 Minutes" viewers hear every Sunday evening on CBS. It's also the sound that journalists both inside and outside of CBS News continue to hear as the network's parent company Paramount Global mulls settling a multibillion-dollar lawsuit filed by President Donald Trump. Both Trump and Paramount have entered mediation, which could conclude at any time. Last October, Trump sued CBS News and Paramount for $10 billion over allegations of election interference involving the "60 Minutes" interview of then-Vice President Kamala Harris that aired weeks before the presidential election (the amount has since jumped to $20 billion). There have been reports that a settlement between $30-50 million could be reached, something Paramount hopes would clear the pathway towards its planned merger with Skydance Media, which seeks approval from Trump's FCC. Also fueling settlement rumors was Monday's abrupt resignation of CBS News CEO Wendy McMahon. CBS NEWS STAFFERS RATTLED BY CEO'S ABRUPT EXIT AS TRUMP LAWSUIT LOOMS OVER NETWORK "The unanimous view at '60 Minutes' is that there should be no settlement, and no money paid, because the lawsuit is complete bulls---," one veteran "60 Minutes" producer told Fox News Digital. The CBS lawsuit stems from the "60 Minutes" primetime election special that aired last October featuring an interview with then-Vice President Kamala Harris, specifically an exchange Harris had with "60 Minutes" correspondent Bill Whitaker, who asked her why Israeli Prime Minister Benjamin Netanyahu wasn't "listening" to the Biden administration. Harris was widely mocked for the "word salad" answer that aired in a preview clip of the interview on "Face the Nation." But when the same question aired during the primetime special, Harris had a different, more concise response. Critics at the time accused CBS News of editing Harris' "word salad" answer to shield the then-vice president from further backlash leading up to Election Day. PARAMOUNT FACING MOUNTING PRESSURE FROM CBS STARS, DEM LAWMAKERS AS COMPANY MULLS SETTLING TRUMP LAWSUIT The raw transcript and footage released earlier this year by the FCC showed that both sets of Harris' comments came from the same response, but CBS News had aired only the first half of her response in the "Face the Nation" preview clip and aired the second half during the primetime special. However, Trump has repeatedly asserted that CBS News took comments from a completely separate Harris response and inserted them in the exchange about Netanyahu. The veteran "60 Minutes" producer said scrutiny is always welcomed towards their work but called Trump's allegations against the program "absolute nonsense" and that there's "zero chance" his lawsuit would prevail in court. "What he repeats over and over and the basis of his lawsuit is based on a falsehood," they said. "He keeps repeating it. But that doesn't make it true." "This is not being done in good faith. This is being done because people saw an opportunity to attack '60 Minutes' and to attack CBS News," they added. CBS CORRESPONDENT SCOTT PELLEY HITS TRUMP FOR SUING JOURNALISTS 'FOR NOTHING' IN FIERY COMMENCEMENT SPEECH The prospects of an announced settlement in the coming days isn't out of reach. "60 Minutes" aired its final episode of the season this past Sunday and won't be airing new episodes until the fall, preventing someone like Scott Pelley from sounding off to viewers on the network drama like he did last month after the abrupt exit of "60 Minutes" executive producer Bill Owens, who left over increased interference by Paramount's controlling shareholder Shari Redstone, who reportedly favors settling the lawsuit. "The act of his departure was a huge sacrifice," the veteran producer said of Owens. "I mean, this guy had the best job in television… He chose to leave a great job because he sincerely wanted to save '60 Minutes.'" According to reports, Redstone wanted to "keep tabs" on upcoming "60 Minutes" segments involving Trump and urged CBS execs to delay any sensitive reporting on Trump until after the Skydance merger deal closed. A second "60 Minutes" producer told Fox News Digital that Redstone should "go read the history books." "Understand why a free and fair press is so key to this country and the way we run things and our democracy and our- everything. Go get a history lesson and quit looking at corporate mergers as what's the most important thing in the country," the second producer said. "Sometimes I feel like people are just so caught up in their silos, and she's so, you know, entrenched in this merger and getting the financial boom from a merger with Skydance that people forget why this is important." "Go talk to some journalists, go think about the times in history where a free press matters and made a difference… Protect '60 Minutes.' That's what she should be doing," they urged Redstone. Meanwhile, the first producer had a simple message for Redstone: "Don't settle. Don't appease the schoolyard bully." TRUMP, CBS PARENT COMPANY SET FOR MEDIATION IN $20 BILLION '60 MINUTES' LAWSUIT CLICK HERE TO GET THE FOX NEWS APP CBS News staff were rattled by the ousting of McMahon, who cited disagreements with the company in a memo to staff. "It has been one of the most meaningful chapters in my career. Leading this extraordinary organization has been the honor of a lifetime because I got to work alongside all of you," McMahon wrote. "At the same time, the past few months have been challenging. It's become clear that the company and I do not agree on the path forward. It's time for me to move on and for this organization to move forward with new leadership." Paramount continues to face mounting pressure from critics in the media and Democratic lawmakers to CBS stars like Pelley and late-night host Stephen Colbert, who called out their parent company on the network's own airwaves. Representatives for CBS News, Paramount and Redstone did not immediately respond to Fox News Digital's requests for comment. President Trump's attorney also did not respond for comment. Print Close URL
Yahoo
12-05-2025
- Business
- Yahoo
Be Wary Of Dianomi (LON:DNM) And Its Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. However, after investigating Dianomi (LON:DNM), we don't think it's current trends fit the mold of a multi-bagger. We've discovered 3 warning signs about Dianomi. View them for free. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for Dianomi: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.018 = UK£157k ÷ (UK£15m - UK£5.9m) (Based on the trailing twelve months to June 2024). Thus, Dianomi has an ROCE of 1.8%. Ultimately, that's a low return and it under-performs the Media industry average of 12%. See our latest analysis for Dianomi In the above chart we have measured Dianomi's prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Dianomi . On the surface, the trend of ROCE at Dianomi doesn't inspire confidence. Over the last five years, returns on capital have decreased to 1.8% from 3.7% five years ago. On the other hand, the company has been employing more capital without a corresponding improvement in sales in the last year, which could suggest these investments are longer term plays. It may take some time before the company starts to see any change in earnings from these investments. On a related note, Dianomi has decreased its current liabilities to 40% of total assets. That could partly explain why the ROCE has dropped. What's more, this can reduce some aspects of risk to the business because now the company's suppliers or short-term creditors are funding less of its operations. Since the business is basically funding more of its operations with it's own money, you could argue this has made the business less efficient at generating ROCE. Either way, they're still at a pretty high level, so we'd like to see them fall further if possible. Bringing it all together, while we're somewhat encouraged by Dianomi's reinvestment in its own business, we're aware that returns are shrinking. It seems that investors have little hope of these trends getting any better and that may have partly contributed to the stock collapsing 88% in the last three years. On the whole, we aren't too inspired by the underlying trends and we think there may be better chances of finding a multi-bagger elsewhere. If you'd like to know more about Dianomi, we've spotted 3 warning signs, and 1 of them is significant. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
