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...“The 22.5 per cent of total global box office the UK delivered in 2023 will grow as a result,” Cameron wrote. “But embracing that opportunity necessitates support and boldness in thinking....
...“Own your conversation around health, or someone else will.”...
...Advertising start-up The Brandtech Group has been valued at $4bn after raising new funds that will be used to disrupt the traditional advertising industry using artificial intelligence to create marketing...
...US private equity firm Thoma Bravo has agreed to take UK cyber security company Darktrace private in a transaction valuing the company at $7.75 per share....
...The result will be further consolidation in a troubled sector. But that brings its own risks. Read more. Lex can see other sectors ripe for dealmaking....
...“The acquisition will provide Darktrace access to a strong financial partner in Thoma Bravo with deep sector and US markets expertise who can support Darktrace’s growth,” the Darktrace board said in a statement...
...His resignation will be a relief for BBC executives, not least because he has remained one of its best paid employees despite not working for almost 12 months....
...In a statement, a BBC spokesperson said: “The BBC has accepted his resignation which it believes will allow all parties to move forward. We don’t believe it appropriate to comment further.”...
...But it will be interesting to see if the European banking sector lags behind with regards to feeling the benefits of a dealmaking pick-up....
...Concord will provide the majority of the equity financing, with a minority of equity as well as debt from asset manager Apollo....
...warning to broadcasters — and particularly those that use politicians as presenters — that nothing short of the highest standards of compliance with the heightened impartiality rules during this period will...
...“Blackstone is seeking to find a positive outcome for all shareholders at a fair and reasonable value; however, Blackstone and HSM value the contractual protections . . . and will vigorously defend HSM’s...
...Will it ring the changes?...
...Helen Thomas will be back next week. Have a great week, Nathalie ThomasLex writer nathalie.thomas@ft.com...
...Nor will it be able to change the basic financial structure of the game. Lex kicked off here....
...We will determinedly, using all legal avenues, see that it is.”...
...Bob Valentine, chief executive of Concord, said: “We believe we can integrate Hipgnosis’ catalogues into our wider portfolio of 1.2mn songs in a way that will deliver benefits for composers, performers and...
...Lex will be writing on that and what it contains for the City including, most likely, in Friday’s newsletter....
...US secretary of state Antony Blinken will this week visit China, following a series of trips by top officials this year and a meeting between Xi and US President Joe Biden in San Francisco in November....
...CEG will use the additional funds to buy and manage music rights, as well as finance new film and TV scores....
...Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
...“The overall market will remain lukewarm.”...
...Shareholders in the current US business will hold the remainder....
...“While understandably Thomas will want to focus on the airport, I hope they don’t lose sight of that wider role that comes with being CEO of the nation’s hub airport,” said one airline executive....
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