Facebook is looking to buy up to 30-minute shows
According to the Wall Street Journal, Facebook is asking for pitches for TV-like shows in half a dozen genres, including science, sports, pop culture, gaming and teens and lifestyle, as the platform continues its push into video content.
The weekly shows are set to last up to 30 minutes and Facebook is said to be willing to offer a “premium digital rate” for scripted shows, low to mid six figures per episode.
Watchdog to launch inquiry into misuse of data in politics
Following an investigation into digital firm’s involvement in Brexit, the UK’s privacy watchdog is launching an inquiry into how voters’ personal data is being captured and exploited in political campaigns.
This has been cited as a key factor in the Brexit and Trump campaigns.
“We are conducting a wide assessment of the data-protection risks arising from the use of data analytics, including for political purposes, and will be contacting a range of organisations,” an ICO spokeswoman stated.
Peugeot-Citroen agrees deal with GM to buy Vauxhall-Opel
Peugeot-Citroen has agreed to a €2.2bn deal to buy General Motors’ European unit, including Germany-based Opel and Vauxhall.
The deal was announced ahead of a press conference in Paris, though has raised concern about potential job losses at Vauxhaull’s UK factories.
“We are confident that the Opel/Vauxhall turnaround will significantly accelerate with our support, while respecting the commitments made by GM to the Opel/Vauxhall employees,” Carlos Tavares said in a statement.
John Lewis and Waitrose owner set to reduce staff bonus
John Lewis and Waitrose owner is set to cut the annual bonus it pays its staff to the lowest level since the 1950s.
The partnership is expected to announce an annual bonus between 6% and 7%, down from 10%, due to pressure on retailers.
It is the fourth year in a row John Lewis has cut the award and will be the lowest bonus since 1954.
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Source: Marketing Week
Facebook, Peugeot-Citroen, John Lewis: Everything that matters this morning