Media interest
This week The Spectator was acquired by Old Queen Street Media for £100 million, around five times its annual turnover. How does that compare with other media valuations (also as a multiple of revenue)?
Date / Title / Valuation
Aug 2010 / Newsweek / 0.000000006
Feb 2011 / Huffington Post / 10.0
Aug 2013 / Washington Post / 0.4
Jul 2015 / Financial Times / 2.5
Aug 2015 / The Economist / 2.8
Nov 2016 / Buzzfeed / 6.8
Jul 2017 / Vice / 8.1
Oct 2018 / Time / 1.1
Mar 2021 / New Scientist / 4.1
Aug 2021 / Politico / 5.0
Jan 2022 / The Athletic / 8.5
Jun 2022 / New European / 3.4
Sep 2024 / The Spectator / 4.8
Vegging out
Research from the 100,000 participant-strong ‘American Gut Project’ suggests that people who ate 30 or more different plants per week had more diverse gut microbiomes that ‘promoted health’. But do Brits have any hope of increasing their fruit and veg intake? According to the Association of UK Dieticians only 8% of children, 27% of working-age adults and 35% of over-65s actually achieve the existing five-a-day recommendation.
Into the arena
Oasis announced two more shows for Wembley Stadium, meaning that after next year’s tour, they will have played the stadium seven times. Last year, Taylor Swift became the second artist to play Wembley eight times on a single tour, equalling Take That’s record in 2011. Previously, Michael Jackson held the record of seven, from 1988.
Taking credit
This winter most pensioners will no longer receive the winter fuel payments, as the handout will be restricted to OAPs in receipt of certain benefits, including pension credit. In 2022 around 2.2m Britons were eligible for pension credit, but only 1.4m received it. Number of pension credit claims submitted this year for each week (weeks commencing):
1 April 3,900
8 April 4,400
15 April 4,400
22 April 4,200
29 April 3,700
6 May 3,400
13 May 4,100
20 May 4,000
27 May 3,300
3 June 4,200
10 June 4,000
17 June 3,400
24 June 3,200
1 July 3,800
8 July 4,100
15 July 3,300
22 July 3,500
29 July 7,900
5 August 7,300
12 August 5,900
19 August 8,400
26 August 9,000
Comments