The Latest Breaking News from Digital

The telecoms provider is is due to open its new 13-storey waterfront office later in 2022

Telecoms firm is on the hunt for 460 staff to work across its 'Digital' arm responsible for new products and services

Warner Music Group Corp (NASDAQ:WMG) reported second-quarter FY22 revenue growth of 10% year-on-year to $1.376 billion, missing the consensus of $1.38 billion. Recorded Music revenue grew 8% Y/Y to $1.15 billion. Music Publishing increased 20% Y/Y to $230 million, and Digital grew 8% Y/Y to $931 billion. Adjusted OIBDA margin decreased 50 bps…

Digital Brands Group Inc (NASDAQ:DBGI) has priced its underwritten public offering of 37.4 million shares at $0.25 per share. The offer price represents a 50% discount on Digital’s closing price on May 5, 2022. The company has granted the underwriters a 45-day option to purchase up to 5.4 million additional shares of common…

Kontoor Brands Inc (NYSE:KTB) reported first-quarter FY22 sales growth of 4% year-on-year to $679.74 million, beating the consensus of $655.33 million. The company attributed the revenue growth to strength in Digital and continued positive trends in the U.S. wholesale business and solid performance in international markets. Revenue in the U.S. increased 4% Y/Y,…

The company has provided IT services to organisations including British Airways, Diageo and The Prince's Trust

Illuminate Communications provides dynamic integrated communications services spanning consumer and corporate media relations, content marketing, digital and social, and issues and crisis management to clients spanning financial services and fintech, to telecommunications, agriculture and technology. Illuminate is searching for a standout PR consultant with 1-3 years’ experience to join their…

Warner Music Group Corp (NASDAQ:WMG) reported first-quarter FY22 revenue growth of 22% year-on-year to $1.61 billion, beating the consensus of $1.49 billion. Recorded Music revenue grew 19% Y/Y to $1.39 billion. Music Publishing increased 31% Y/Y to $229 million, and Digital grew 21% Y/Y to $1 billion. Adjusted OIBDA margin increased 90 bps…

New York Times Co (NYSE:NYT) reported fourth-quarter FY21 sales growth of 16.7% year-on-year, to $594.2 million, beating the consensus of $578.9 million. Subscription revenues increased 11.2% Y/Y to $351.2 million, and advertising revenues increased 26.9% Y/Y to $176.8 million. Compared with the Q4 of 2019, total revenues increased 16.9%, as subscription revenues increased…