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...Analysts expect group revenues to grow 25 per cent to Rmb3bn ($420mn) this year, according to a Bloomberg poll....
...The stand-off is among the most heated clashes between tech giants and media groups in recent memory, as they battle for control over the future of entertainment....
...So it’s a very substantial group of people....
...The big bear point for Safestore is the occupancy rate, which fell from 82.1 per cent to 77 per cent....
...“We’re investing heavily in the content and the marketing of UK TV play — there is a big rebrand coming up,” he said....
...Having big stars gives labels better leverage in negotiating financial deals with the streaming platforms....
...A video game was launched last month and the character will make its British stage debut in December as the travelling Bluey Big Play....
...campaign ahead of the entertainment giant’s annual meeting next month....
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
...Shares in Warner Bros Discovery slumped earlier this month after the entertainment group warned it was “unlikely” to meet its goals for paying off debt, against the backdrop of rising interest rates....
...This article is part of FT Globetrotter’s guide to Madrid UMusic, the first hotel by Universal Music Group, opened with ambitions to be an “entertainment hub”....
...Before that big step, ESPN is also launching a sports streaming joint venture with Fox and Warner Bros this autumn....
...As a provider of unique content around the world TKO should be able to withstand the ongoing seismic shifts in media and entertainment....
...But a buyer would be foolish to pay a premium price for the group, given regulatory and integration challenges....
...Whatever the exact trigger, shares in Korea’s four biggest K-pop management companies — Hybe, JYP Entertainment, SM Entertainment and YG Entertainment — have fallen over the past nine months in an across-the-board...
...In December The New York Times became the first big US media group to sue OpenAI and Microsoft over their AI chatbots....
...The veteran activist investor dismissed Iger’s recent initiatives to bolster the entertainment group’s shares as “throwing spaghetti at the wall” to see what sticks....
...“If you see us invest right now, by definition it will be a big all-in bet,” Durban said....
...Roel De Vries, chief operating officer of the group that owns Manchester City, says the club needs to increase stadium revenue “if we want to stay competitive in the world of football and be in the top group...
...In October, she will hit the big screen with one of her live performances. For AMC, that show cannot come soon enough....
...“Because bowling is so affordable, we attract all income groups,” said Ten Entertainment, noting that the company’s “clientele is totally diverse ranging from grandmothers with grandchildren, to young families...
...About two decades ago, I had a sneak peek at the PlayStation 3 before it was released at the former Sony Computer Entertainment headquarters in Aoyama, Tokyo....
...However, global entertainment groups have struggled to make a mark in India, often proving unable to beat local competitors on price or make content with mass appeal....
...That has driven a Hollywood-style dependence on rebooting the same big franchises by Sony, Microsoft, Electronic Arts and other big games companies....
...“Big money wants to go where big money can be accountable, and traditional means are often quite difficult to assess,” she says, noting that brands “are getting more data on performance in social spaces...
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