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...Genres from fantasy novels — such as those written by Sarah J Maas and Samantha Shannon — to “cosy crime” that spans authors from Agatha Christie to Richard Osman, have underpinned booming sales....
...Talking to the Financial Times, Jones said: “The mobile phone made everyone a creator — gen AI makes everyone an ad agency — that may not be very good news for traditional legacy agencies with 100,000 employees...
...Together, these may cap this revival in the near term. Third, this looks like a US recovery for the time being. That’s not unusual, says Oliver Wyman’s Christian Edelmann....
...Alex J Pollock Senior Fellow, Mises Institute, Lake Forest, IL, US...
...So the long-awaited strengthening of contractual protections for lenders may be somewhat . . . cosmetic. Take for example the “J Crew blocker” that has been increasingly popular in loan covenants....
...Thomas Jensen Chief Executive, Milestone Systems, Brøndby, Denmark...
...In part, this is because the sector may have learnt from its boom and bust tendencies in years gone by and taken a more cautious approach on leverage....
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...Helen Thomas will be back next week. Have a great week, Nathalie ThomasLex writer nathalie.thomas@ft.com...
...Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
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...ING may also have an answer on how to keep this going from here. In Lex this week Why exactly is troubled luxury group Kering spending €1.3bn on an iconic Milan building?...
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...The group will report results in May. “Sarah J Maas is a publishing phenomenon,” said chief executive Nigel Newton. “We are very fortunate to have signed her up with her first book 13 years ago.”...
...The number of staff increased to 295 in May 2023, from 175 in May 2022. The group also pays high wages to several current and former Conservative politicians, such as Sir Jacob Rees-Mogg....
...WBD’s Max will be available across the Nordics, Iberia and central and eastern Europe in May. The service will then launch in Poland, the Netherlands, France and Belgium....
...Sheinbaum’s assured performance on Sunday night offered few clues as to how she may differ from López Obrador, a key issue for investors and analysts....
...Let us know at lexfeedback@ft.com or helen.thomas@ft.com. 1) This will be a big year for Big Tech, and the regulators that are seeking to control its power....
...Frazer said her decision to back an in-depth review reflected a report by media watchdog Ofcom, which found during an initial probe that the potential deal may be against public interest....
...Now, they may even be starting to do the opposite....
...Nigel Newton, chief executive, pointed to the “huge” growth in fantasy novels, with sales of Sarah J....
...And if it is accepted by those courts, then the company’s entity in Hong Kong may have the capacity to make claims on assets in the Chinese mainland that could not only disrupt the proceedings of the business...
...SLC Turnberry — the company that operates the resort — lists the Donald J Trump Revocable Trust as its ultimate controlling shareholder....
...News Corp was seeking to obtain “information about private and sensitive discussions that may have been being held between Mr Cable and his advisers”, it added....
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