The Brief – Monday 9 February – Amazon & Reddit earnings, TikTok possible redesign and Global partner for ParalympicsGB
Welcome to the Brief, The Media Leader’s round-up of media news.
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💰In Amazon’s Q4 earnings, the tech and retail giant reported 23% year-on-year ad revenue growth to $21.3bn. The company said it would increase its capital expenditure on AI to $200bn in 2026. (Amazon) |
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📱TikTok could be forced to change its design after the European Commission said in a preliminary ruling that the app had infringed upon the Digital Services Act due to its addictive design. (The Guardian) |
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💴 Reddit reported 70% year-on-year revenue growth in Q4 to $726m. Total revenue in fiscal year 2025 grew 69% to $2.2bn. Adjusted Ebitda for the full year totalled $845m (38% of revenue). Daily active unique users on the platform also jumped 19% to 121.4m. (Reddit) |
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♿ Channel 4 has reaffirmed its accessibility commitments ahead of the Milano Cortina 2026 Paralympic Winter Games, with ad breaks during the opening and closing ceremonies including 100% closed caption subtitling. NatWest is sponsoring the coverage. (Channel 4) |
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🔄 Global has been named the official audio and outdoor partner of ParalympicsGB. The partnership is for the upcoming Paralympic cycle through to the Los Angeles 2028 Paralympic Games. (Global) |
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📺 The BBC‘s license fee cost is set to rise £5.50 to reach £180 annually. (The Telegraph) |
