Vue plans debt-for-equity swap after Hollywood strikes delay blockbuster films MEDIA Europe's largest independent cinema operator is prepping to restructure its debt after the Hollywood actor's strike pushed back the release of a number of movies.
London’s mega-wealthy rent luxury pads to celebs like Harry Styles to avoid selling up Rich and Famous London’s mega wealthy are opting to let their million pound homes in Notting Hill to A-List celebrities and escaping to the countryside to avoid selling up. The end of Hollywood’s actor strike has seen a number of cinema and music’s biggest names return to the iconic west-London borough after a near nine month hiatus, estate [...]
UK creative industries under threat as AI won’t be subject to copyright rules ARTIFCIAL INTELLIGENCE The UK government is under mounting pressure to scrap plans that would grant artificial intelligence (AI) developers free access to use copyrighted artistic materials in training their AI algorithms. Last June, the government’s Intellectual Property Office (IPO) proposed a copyright exemption for the AI industry that would allow the unrestricted use of existing music, literature [...]
Hollywood strikes fail to dampen outlook at production firm Facilities by ADF after The Crown gig April 26, 2024 Film and TV production trailer provider Facilities by ADF has announced a “favourably high” long-term outlook ahead despite what has been a turbulent year of film strikes for the industry. In an update to markets, the leading provider of premium serviced production facilities to the UK film and high-end television industry, including the Crown, said its [...]
Keyword Studios shares jump as chief reaffirms 1bn Euro revenue target despite Hollywood film strikes March 13, 2024 Keyword Studios shares rose over 4 per cent on Wednesday as the video game services company proved resilient to last years Hollywood film strikes.
Ashtead: Chief says firm is in ‘position of strength’ after rare profit warning December 5, 2023 Ashtead's chief executive said the company is in a "position of strength," despite a rare profit warning in November.
Emma Stone’s Poor Things receives eight-minute standing ovation for graphic sex scenes September 4, 2023 Emma Stone has received an eight-minute standing ovation at the Venice Film Festival for her lead role in new Frankenstein-inspired film Poor Things. In Poor Things, Stone, most famous from films like the new Cruella movie and The Favourite, acts in a series of graphic sex scenes including one where she pleasures herself with fruit. [...]
Barbenheimer lights up cinemas but strikes cast shadow on industry’s future July 24, 2023 Barbie and Oppenheimer, the pop culture power movie duo nicknamed Barbenheimer, had a triumphant opening weekend, reviving cinemas to their pre-pandemic glory – if only for a fleeting weekend. Vue cinemas witnessed their biggest weekend since 2019, raking in nearly £30m at the UK box office according to the UK Cinema Association, as over 500,000 [...]
Sony warns sales will be hit by Hollywood strikes August 9, 2023 Japanese tech giant Sony lowered its full-year sales forecast today warning that the ongoing Hollywood strikes will wreak havoc with movie production schedules. In a trading update, Sony revised its annual movie sales forecast down 50bn yen to 1.47trn yen (£8bn). Sony blamed the potential lower revenues on the impact of actors and writers staking [...]
Cinema spending soared last year thanks to these six blockbusters – but one disappointed March 5, 2024 UK cinema operators received a boost from spending in 2023 thanks to a year of silver screen blockbusters, according to data from Lloyds Bank.