In June, we saw investment for newcomer Bolt Insights, a settlement from Cision, and the release of the Digital News Report from Reuters Institute. Don’t forget that AMEC is awaiting your award entries.
Bolt Insight raises £1.275 million
London-based Bolt Insight has raised £1.275m in funding from B2B tech venture capital company 212. Founded in 2020, Bolt Insight provides a range of services including brand health tracking and media measurement. The funding will be used to further its product development and recruit into its research and commercial teams.
Cision settles employee dispute
Cision has settled an on-going legal dispute over its employment practices. We first covered this back in May 2021, and it has taken some time for the dispute to be resolved. The plaintiffs, sales employees of Cision, took action with the claim that the company did not pay them overtime wages. The settlement of $325,000 non-reversionary settlement resolves the claims of the 38 named and opt-in plaintiffs.
Reuters Institute releases its 2022 Digital News Report
Reuters Institute has released its 2022 Digital News Report. The report shows that interest in news and overall news consumption has declined considerably in many countries and trust has fallen back almost everywhere. There are signs of news fatigue setting in with the number of people actively avoiding news increasing. In addition, there is a shift towards digital, mobile and platform news consumption. For our industry, interested as we are in understanding the news audience, it is a must read.
Google to pay for news in France
In a surprise tunraround, Google has agreed to talk with news agencies and other publishers in France about paying them for using their news on its platform. It concludes a three-year-old case triggered by complaints from some of France’s biggest news organisations. Over that time, Google has reached agreements with many publishers including AFP, Le Figaro and Le Monde.
AMEC Awards open to entries
The AMEC Global Communication Effectiveness Awards is a dedicated awards programme for communication measurement. The award entry period is now open, and will close on 25 July. The awards cover some 27 categories, so there is bound to be a cateogry for your award entry. The awards are celebrating their 20th year this year, and there will be an in-person award ceremony in London in November.