Hints and tips:
...media....
...Investors are sceptical that the group can compete in a cut-throat streaming business in which it is battling against much larger groups such as Disney, Netflix and Amazon....
...But as the traditional media owners struggle, Netflix, the tech group that pioneered the streaming model more than a decade ago, has emerged as the winner of the battle to reshape video distribution....
...From a December press release: Liberty Media Corporation (“Liberty Media” or “Liberty”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) and Sirius XM Holdings Inc....
...Right now he’s waging his second proxy fight in as many years at US entertainment group Walt Disney; he’s trying to sharpen up Unilever, the maker of Marmite, Dove soap and Hellmann’s mayonnaise; and he’...
...Banks could be at risk too; lower rates would pinch net interest margins, already at record lows, without doing much to curb the pipeline of bad property loans....
...The incumbent US media groups initially tried to follow suit....
...His warning came as the group reported that its streaming business had turned a profit in the most recent quarter, while the overall company had narrowed its net loss to $417mn from a $2.3bn loss a year...
...Activist hedge fund Trian Partners plans to nominate two candidates to Walt Disney’s board of directors, intensifying a campaign against the media group that is expected to be one of the most contested proxy...
...Longtime music executives described the interest coming from the Wall Street establishment as “unprecedented”....
...The group’s numbers are decent to good, given diminished expectations. But Wall Street has soured on big entertainment companies....
...Symbolically, the sale of the Orioles reflects a wider shift in US sports ownership, as Wall Street titans take the reins from local dynasties....
...The group warned that advertising revenues had fallen more than a tenth in the past six months as companies reined in marketing spending, sending pre-tax profits sharply lower....
...News Corp’s history shows that it can be convinced to sell or spin off key assets, so long as there is money to be made by doing so....
...Zuck comeback Two years after being ousted at CNN, Jeff Zucker talks to The Hollywood Reporter about why he decided to join RedBird IMI to execute a wave of sports, media and entertainment deals....
...Headlining the IPO filing is The Raine Group, a tech-focused boutique, whose listing as financial adviser gives it top billing above Wall Street banks including Goldman Sachs and JPMorgan, who are underwriting...
...In Scotland, the debate blew up this week as the devolved administration struggled to contain controversy over allegations in the media that ministers and officials had deleted conversations conducted over...
...Reese Witherspoon sold her company Hello Sunshine to Blackstone for $900mn in 2021, for example, and Blackstone-backed Candle Media took a $60mn stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc...
...The two sides have pledged to cut as much as a tenth from annual combined overheads of $1bn. Lex is a little more sceptical of revenue synergies....
...they debate “what to do about” the media giant’s India business, the FT reports....
...David Cameron’s unorthodox comeback as the UK’s top diplomat brings experience as well as baggage to Downing Street....
...She wryly delineates Californian tech as a complex business cluster whose participants are neither heroes nor villains....
...A PwC report last year predicted global video games revenue could surpass $300bn and account for more than a tenth of total entertainment and media spending by 2026....
...after Hollywood mogul Ari Emanuel’s $21bn deal to put them into the same ownership group - Samuel Agini, sports business reporter The chance meeting behind Sixth Street’s $125mn bet on women’s soccer...
...You should be doing something more than that. Like, it was . . ....
International Edition