More teenagers are turning away from traditional media outlets and getting their news from social media, new research from U.K. communications regulatory body Ofcom has shown. The number of people consuming news content on TikTok has increased from 800,000 in 2020 to 3.9 million in 2022. For the first time, Instagram is the most popular news source among younger people — used by 29% of teens in 2022 — with TikTok and YouTube close behind.
Avaaz, an activist group that has opposed 21st Century Fox’s bid for European pay TV giant Sky on Friday filed court papers seeking a judicial review of British media regulator Ofcom’s conclusion that the company would remain a “fit and proper” broadcast license holder if Fox, controlled by the Murdoch family, takes full control of it.
British authorities have received yet more clarification from media regulator Ofcom on 21st Century Fox’s attempted takeover of Sky, with a decision on whether to refer the deal to competition authorities still pending. Despite having received the go-ahead in all other relevant territories where Sky operates, the deal has been bogged down by regulatory investigations and government indecision in the U.K.
Watchdog Ofcom launched a review on Friday of how ads are sold in Britain’s £4 billion ($6.6 billion) television advertising market, in which trading practices have hardly changed in the past 20 years. The British communications regulator said it had identified three potential areas of concern that might distort competition and harm consumers: transparency of pricing, bundling of airtime and the trading model.