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Grant Thornton LLP
Grant Thornton US sells majority stake to private equity
...The firm has about 600 partners in the US and is the largest member of Grant Thornton International, a network of accounting firms that use a common brand and co-ordinate services worldwide....
March 15, 2024
Flutter Entertainment PLC
Flutter ditches plan to hire Deloitte after move to US listing
...The increase was due to the requirement for US-listed companies to pay auditors to check their internal controls under Sarbanes-Oxley rules and one-off costs associated with changing from international to...
April 7, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
US financial regulation
Accounting firms hit with record US fines over audit failures
PCAOB imposes total penalties nearing $12mn against PwC, Deloitte, KPMG and others
November 15, 2023
Accounting & Consulting services
Deloitte and KPMG ask staff to use burner phones for Hong Kong trips
...as an international business hub....
November 27, 2023
News in-depthCyber Security
MGM hack followed failed bid to rig slot machines, ‘Scattered Spider’ group claims
...Mandiant Consulting, a cyber security company owned by Google, suspects their members are based in the US and Europe....
September 14, 2023
Media
Breaking: news
The least-loved slice of the financial information business
August 1, 2023
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Melco Resorts & Entertainment Ltd
Hong Kong casino tycoon considers Macau move to avoid US delisting
...Its parent company, Melco International, listed in Hong Kong in 1927....
August 2, 2022
News in-depthFootball
‘A PR nightmare’: Lionel Messi’s Hong Kong no-show hits Inter Miami brand
...Inter Miami, which is backed by investment group Ares Management and co-owned by construction billionaire Jorge Mas and his brother Jose, has emerged as a symbol of the convergence of sports, entertainment...
February 9, 2024
Arm Ltd
Arm IPO delivers $84mn fees bonanza for its advisers
...One person close to Arm said its costs were inflated by the need to convert its financial statements from international to US accounting standards....
September 16, 2023
Work Watch
Can a chief happiness officer improve workplace morale?
...But the list of international companies in attendance — Ikea, Lidl, Adidas, among others — shows more businesses are taking the theme seriously....
March 11, 2024
Elaine Moore
Goodbye to the era of the professional spouse
...A US consulting firm, RHR International, once suggested that anyone married to a CEO might like to take the Meyers-Briggs personality test as preparation....
January 20, 2024
News in-depthSony Corp
Sony takes on Disney and Mukesh Ambani in India with Zee merger
...Sony also has a sizeable sports presence in India, broadcasting everything from international cricket matches to Uefa Champions League football....
September 3, 2023
VinFast LLC
How a Vietnamese tycoon built a carmaker worth more than General Motors
...He later expanded into entertainment, retail, healthcare, education and technology, businesses with names including Vinhomes, Vinschool, VinAI and VinBrain....
August 31, 2023
Vice Media Inc
Vice Media files for bankruptcy protection ahead of sale
...Most of the company’s international entities, and a TV joint venture with broadcaster A&E, are not part of the Chapter 11 filing....
May 15, 2023
Stuart Kirk
The Musk-Zuck ruck — why we need more white-collar rumbles
...Nor have I ever witnessed or heard of a punch-up in my three decades in finance, consulting and journalism. Everyone I ask says likewise....
July 7, 2023
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Scoreboard
How a football legend scored $125mn for the women’s game Premium content
...Live content remains king in the entertainment industry....
April 8, 2023
Space industry27 min
Moon rush: the launch of a lunar economy | FT Film
...There will be an entertainment element of it. Over the next 10 years, 400 missions. We forecast $137bn cumulative market....
October 19, 2023
Deloitte Touche Tohmatsu LLC
Deloitte told to ‘learn lesson’ as China vows tougher scrutiny of auditors
...It signals the onset of tighter scrutiny of the accounting and consulting sector and rising uncertainty over the future of Deloitte, PwC, KPMG and EY in China....
March 27, 2023
Accountancy
Chinese companies switch auditors to avoid US delisting risk
...Melco Resorts & Entertainment and Studio City International Holdings, listed arms of Macau casino tycoon Lawrence Ho, switched from an E&Y office in Hong Kong to one in Singapore....
May 24, 2023
IPOs
The six-billion-dollar man you've probably never heard of
...firm of international reputation” it did not name....
May 12, 2023
News in-depthWalt Disney Co
‘Iger is stuck’: Disney chief debates future of Hulu and ESPN
...Outside the US, Disney has created a general entertainment service via its Star brand....
March 15, 2023
Due Diligence
Why a European private equity giant wants to go public Premium content
...Two scoops to start: First, private equity group TPG Capital has approached EY about buying a stake in its consulting arm in a deal that would herald a second attempt at breaking up the Big Four firm....
August 16, 2023
News in-depthGambling industry
Casino mecca Macau gambles on becoming a global tourist attraction
...As part of the 10-year franchises — a shortened commitment compared with the previous two-decade pacts — the six incumbents, SJM Holdings, MGM China, Galaxy Entertainment, Melco Resorts, Sands China, and...
January 8, 2023
News in-depthFTX Trading Ltd
FTX collapse puts its auditors in the spotlight
...(FTX was ultimately ranked fifth.)https://twitter.com/SBF_FTX/status/1421354723437842434 “Notably among FTX’s advisers and business partners was the New Jersey office of accountant Prager Metis CPAs, LLC...
November 13, 2022
News in-depthSony Corp
Anime and ‘The Last of Us’ are transforming Sony’s business
...Estimates produced by SkyQuest Technology Consulting, and used by several Sony analysts to inform their own forecasts, suggest that the global anime market is now growing at about 10 per cent a year and...
February 24, 2023

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