Netflix shares fall as Brazil tax hit ends earnings streak October 22, 2025 Netflix’s shares dipped almost seven per cent in the wake of last night’s financial report, after the streaming giant’s strong run of quarterly earnings came to an end following a $619m (£464.8m) tax charge in Brazil dragged on third-quarter profits. The streaming giant reported a 17 per cent uptick in revenue to $11.2bn, broadly in [...]
Aardman: Wallace & Gromit maker cuts jobs as losses continue October 22, 2025 Aardman, the studio behind the likes of Wallace & Gromit and Shaun the Sheep, slipped further into the red as it cut jobs during its latest financial year. The Bristol-headquartered animation company has posted a pre-tax loss of £5m for 2024, having also lost £550,135 in 2023. Over the same period, Aardman’s turnover declined from [...]
In focus: Getty and Shutterstock merger gets CMA probe October 20, 2025 The $3.7bn (£2.7bn) merger between Getty Images and Shutterstock is to be the subject of an in-depth probe from the UK’s competition watchdog after ‘substantial concerns’ were flagged. The deal, which was first announced in January, had already attracted the eye of the Competition and Markets Authority (CMA) in June but will now be looked into [...]
Doctor Who maker warns its ‘future is by no means certain’ October 16, 2025 The production company behind Doctor Who has warned its “future is by no means certain” in Wales as it marks ten years in business. Bad Wolf has said declining US investment in productions made outside of America and falling budgets are threatening to elongate a downward trend in the global screen industry. In a report [...]
Dazn set to unveil subscription featuring all pay-per-view events October 16, 2025 Dazn will next month announce full details of its new premium subscription product which will include all pay-per-view events. The UK-based global sports streaming platform believes it will offer value for money to viewers who buy many of its PPV boxing shows while increasing viewership across those top-tier events, which number around 15 annually. “We [...]
Richard Desmond’s group makes Rothschild allegation in £1.3bn National Lottery dispute October 15, 2025 A high-stakes legal showdown has kicked off over the Gambling Commission’s handling of the fourth National Lottery licence, as the role of financial advisor Rothschild and its prior ties to the winning bidder take centre stage in court. Media baron Richard Desmond’s group Northern and Shell and its subsidiary, the New Lottery Company, launched legal [...]
Graham Norton’s pay cut revealed October 15, 2025 Graham Norton’s bumper pay packet has been cut after his production company’s revenue and profit fell in 2024, it has been revealed. The TV presenter took home £2.4m last year, down from the £2.7m he received in 2023. Graham Norton’s pay is not included in the BBC’s annual star salaries list because he is paid [...]
Channel 4 named fastest growing streamer amid Netflix’s UK surge October 10, 2025 Channel 4 has emerged as the UK’s fastest-growing major streaming platform, City AM can reveal, beating multiple audience records in September and strengthening its digital hand with a new deal designed to rival the reach of Netflix and Disney+. The broadcaster’s streaming minutes jumped 36 per cent year-on-year, according to new BARB data, the biggest [...]
Rebranded Channel 5 returns to profit despite advertising hit October 3, 2025 Broadcaster 5 returned to profit despite its turnover falling by almost £80m during its latest financial year, it has been revealed. The business, which is owned by Paramount, has posted a pre-tax profit of £30.6m for 2024, new accounts filed with Companies House show. The total is up from the £159.5m pre-tax loss it reported [...]
Sky back in profit ahead of cutting 900 UK jobs October 2, 2025 Media and telecoms giant Sky recovered from losing almost £800m to return to the black in 2024 before preparing to cut hundreds of jobs. Sky, which was bought by the US media company Comcast for £30bn in 2018, has posted a pre-tax profit of £253m for its latest financial year. The total comes after Sky fell [...]