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...The private equity group is in advanced talks with US media groups Warner Bros Discovery and Liberty Global to acquire All3Media in a deal worth about £1bn, according to several people familiar with the...
...In its submission to the committee, Warner Bros Discovery said the UK was the company’s largest base outside the US....
...Although a decision has yet to be made, Warner said the offer could be in cash....
...Warner....
...The group, which owns CNN and the Warner Bros studio, reported revenue of $10.3bn, down 7 per cent from a year ago and just short of the $10.4bn analysts had predicted....
...The deal is a big win for Warner Bros and Liberty, which acquired All3Media in 2014 for £550mn....
...Since its launch as a joint venture a year ago by Cardinale’s private equity firm Redbird Capital Partners and Abu Dhabi-based International Media Investments (IMI), the group has made five deals....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a new streaming service later this year that will aggregate all of the sports broadcasts offered by their traditional TV networks....
...Cobalt, like other battery metals, is in a bear market, thanks to supply growth. That is an opportunity for the automotive sector. Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a new sports streaming service later this year that will aggregate all of the games offered by their traditional TV networks....
...Warner Bros Discovery plans to increase capacity at its studios north of London, while another studio complex is being planned at Marlow in Buckinghamshire....
...On Tuesday, three titans — Disney, Warner Brothers Discovery and Fox — announced yet another streaming service. The trio will provide their live sports content via one streaming platform....
...Earlier this year, it accepted an investment from a merchant bank to pay off some of its debts. Meanwhile, Warner is still digesting the acquisition of Warner Brothers from two years ago....
...Thomas Jordan informed the SNB he would step down at the end of September. “The Bank Council and the Governing Board greatly regret Thomas Jordan’s decision,” the central bank said in a statement....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a sports streaming service later this year that will aggregate the games offered by the media groups’ traditional television networks....
...Have a great weekend,Helen ThomasHead of Lex...
...Silver Lake’s money helps Viavi do a deal that looks a good strategic fit. The private equity group, meanwhile, gets a downside-protected route into a company’s share capital....
...The remaining package of games on Saturday lunchtime has been acquired by TNT, the broadcaster co-owned by BT and Warner Brothers Discovery. Read more here...
...China’s industrial activity picked up at the start of the year in a boost for policymakers as they struggle to counter a two-year property slowdown that continues to weigh on the world’s second-largest economy...
...China’s economy has struggled to regain momentum against a backdrop of deflation, low consumer confidence and a cash crunch across the country’s major property developers....
...The writer is a KC specialising in energy and natural resources law....
...Thomas Woldbye says Heathrow shares just one feature with the Copenhagen airport he ran for 12 years. “What’s different to Copenhagen?...
...How to democratise the UK stock market, one research note at a time Jeff Bezos is selling. Should you? Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
...Warner chief executive David Zaslav and Paramount chief Bob Bakish discussed a possible deal over lunch in New York this week, according to two people familiar with the matter....
...Danny Cohen, the former director of the BBC’s TV output, said the group would also consider larger acquisitions in Hollywood, pointing to the 2011 takeover of Warner Music for $3.3bn as a template for his...
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