All Finance articles – Page 11
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NewsParamount Global takes $6bn write-down, will lay off 15% of workforce
Approximately 2,000 staff impacted. Leadership expects Skydance transaction to close in first half of 2025.
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NewsDisney streaming business turns profit for first time with 109% year-on-year increase
Disney’s direct-to-consumer business earnt the studio $47m last quarter.
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NewsValidity of new $43bn bid for Paramount Global called into question
Entity calling itself Apex Capital Trust reported to have made $43bn all-cash offer.
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NewsFormer Netflix film head Scott Stuber relaunching United Artists label
Arrangement includes first-look deal, will see exec produce several films a year for release theatrically and on Prime Video.
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NewsSwedish film & TV bodies criticise “first-come, first-served” government funding process
SVT, Film i Vast, distributors association all sign letter to culture minister.
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NewsComcast reports mixed Q2 as Peacock loses 500,000 subs
Revenue at streamer increases 28% to $1bn; studio division sees revenue fall.
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NewsNetflix beats Wall Street Q2 forecasts, adds 8.1m global subs to reach 278m
Revenue of $9.56bn climbed 16.8% year-on-year.
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NewsDennis Davidson’s Elizabeth Bay Productions partners with FilmHedge, WestEnd Films
Upcoming EBP film projects include ’The Dimona Affair’, a whistleblower story set in Israel.
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NewsCalculus Capital takes on Great Point Media’s film and TV business
Deal by UK-based investment firm boosts production financing sector.
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NewsSony withdraws from pursuit of Paramount Global
Rival bidders have 45 days to make competing bid against Skydance.
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NewsFurther details emerge on Paramount Global alternative bid scenario
Were there to be a “superior proposal” to the Skydance bid, August 21 deadline can be extended.
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NewsSkydance CEO David Ellison outlines creative-tech hybrid vision for Paramount Global
Executives plan $2bn in further cuts as son of Oracle billionaire Larry Ellison talks cloud-based animation powerhouse, AI tools.
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NewsNational Film and Television School raises £525,000 at fundraising gala
NFTS says the total is a record amount, which will support scholarships and bursaries.
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News“Of course we’re going to keep the tax reliefs,” says Labour
DCMS secretary of state Lucy Frazer also took part with representatives from the Liberal Democrat, Green and Plaid Cymru parties.
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NewsLondon set for £9.5bn investment boost from film and TV production over next five years
Figures released at event celebrating Film London’s 20th anniversary.
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NewsWhat next for Paramount Global after merger talks with Skydance Media break down?
Latest twist comes one week after Skydance sweetened previous offer.
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NewsFormer Vivendi Universal vice-chair Edgar Bronfman Jr. enters Paramount Global fray (reports)
The Wall Street Journal reports media veteran preparing $2-.5bn bid backed by Bain Capital.
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NewsUK VFX sector sounds alarm on exclusion of generative AI from additional tax relief (exclusive)
“It doesn’t look a coherent policy decision to exclude AI,” said UK Screen Alliance CEO Neil Hatton.
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NewsSkydance Media sweetens offer for Paramount Global
Improved offer comes amid protracted series of negotiations for US studio.
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NewsEU unveils €141m in financing guarantees to back European film and TV production
European Commission and the European Investment Fund (EIF) signs loan guarantee agreements with three funding organisations.