A dive into the past of boxing, this article – originally published in 1980 – examines the life of the most powerful boxing promoter of the time, Bob Arum. In boxing, Arum was a forerunner of the pay-per-view industry. “I think, given the rate of inflation, that I’ll be able to charge—easily and comfortably—$20 per home. Let’s say we get 30 per cent—that’s a conservative figure—of the sets in use. At $20 a pop, that’s $60 million. Comsat takes its 20 per cent, leaving me $48 million.” Read full article here
Research
Improving media literacy could boost trust towards the news, IMPRESS report suggests
The UK media is regulated by the likes of IPSO and Ofcom. The report by press regulator IMPRESS highlights the link between low levels of media literacy and trust in the news. The study found that three quarters of those who did not know if journalists were regulated did not trust the news. It suggests that improving media literacy is one way to stem the erosion of trust, and shows that audiences have an appetite for information on news processes. Stakeholders need to collaborate in order to rebuild trust in the news, and independent media is well placed to do this. Read full article here
Merv
February 1, 2023
