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...Consultants who were assigned the AI tool were more productive than those who were not. They worked quicker and work was of a higher quality....
...Most consultants have curbed pay and bonuses and limited hiring in the wake of the slowdown in dealmaking, but Bain has avoided significant lay-offs of the kind seen among the Big Four accounting and consulting...
...I’m a TV guy, I love it,” he said, pointing to areas he wanted to strengthen such as financial news, and coverage in areas such as healthcare, climate and sports and entertainment....
...; healthcare & life sciences; insurance; IT & technology; internet, media & entertainment; oil & gas; other industrials & metals; public & social sector; telecommunications; travel, transportation & logistics...
...But though this series is rambling, rowdy and guilty of hanging around too long (rather unlike a gentlemen) it is also a diverting slice of light lads-and-dads entertainment....
...Netflix executives said among their primary goals was improving the variety and quality of their entertainment, including television shows, movies and games....
...Netflix has agreed a $5bn deal to screen World Wrestling Entertainment’s flagship Raw programme in the US over the next decade, in the group’s biggest foray so far into streaming live events....
...“I’m not in a position this year to give very specific Ebitda or cash conversion guidance,” said Gunnar Wiedenfels, chief financial officer, in a call with investors....
...BlackRock is not the only US company to step up security spending on its chief executive.Disney chief Bob Iger’s 2023 pay package included $1.2mn in costs for “security services and equipment”, the entertainment...
...Redstone in 2020 inherited control of the entertainment conglomerate that her late father, Sumner Redstone, built over the past century....
...In a report on Thursday, Institutional Shareholder Services said that Peltz “could be additive to the succession process” once Disney chief executive Bob Iger steps down....
...Price pressures also picked up, as services companies passed on higher wage costs....
...Buying Vizio would give it more ways to sell ads through Vizio’s TV sets and free video streaming service. Walmart’s weak M&A record invites scepticism....
...Buffering can ruin the viewer experience; streaming is still predominately thought of as an on-demand, not by appointment, service. The taboo is fading fast....
...So I'm a medical student at University of Sheffield, so I'm studying to be a doctor. And I do this to fund my degree and my accommodation....
...Blavatnik separately owns DAZN, the sport streaming service....
...“Younger talent doesn’t want to take one job and work for 40 years and get a measly buyout when they’re done,” said Allan Koltin, M&A consultant to accounting firms....
...Executives said they expected consolidation among the traditional entertainment companies, but added that they did not intend to be buyers....
...I’ve got another meeting with Wes Streeting and Peter Kyle about AI in the health service tomorrow. Feel like I am making headway....
...When entertainment companies first competed in streaming they began by hoarding their most popular TV shows and films....
...Disney has also hired JPMorgan as an adviser in negotiations to buy the remaining stake of streaming service Hulu from rival Comcast....
...“I’m always impressed when people invest in themselves, even as experienced leaders,” said Terrington. “I expect it will be an asset to him in the role.”...
...Latham & Watkins has hired Yohei Nakagawa as partner in the M&A and private equity practice in Tokyo. He previously worked for Morrison & Foerster....
...As companies tackle digital overhauls of their businesses — from homeworking to customer relationship management — they are increasingly relying on external providers for information technology services...
...And here’s what else I’m keeping tabs on today: ‘Hush money’ case: Opening arguments begin in the criminal trial of Donald Trump....
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