Record profit for Doctor Who maker Bad Wolf January 3, 2025 Profit at Bad Wolf, the production company behind the likes of Doctor Who, has surged to a new record, it has been revealed. The Wales-based business has reported a pre-tax profit of £10.5m for the year to 31 March, 2024, according to newly-filed accounts with Companies House. The new total is up from the £7m [...]
Formula 1: Drive to Survive maker in the red after huge expansion January 3, 2025 The maker of hit Netflix series Formula 1: Drive to Survive has fallen into the red despite its turnover accelerating by almost 180 per cent. Box to Box Films, which was founded by James Gay-Rees and Paul Martin and is headquartered in London, has reported a pre-ax loss of £4.4m for the year to 31 [...]
Simon Cowell denied huge pay after profit slashed at Britain’s Got Talent owner January 3, 2025 Simon Cowell has not repeated the huge £50m pay day he awarded himself after profit was slashed at his TV empire behind Britain’s Got Talent. Syco Holdings did not issue a dividend to the TV mogul in the year to 31 March, 2024, after its pre-tax profit was cut from £21.1m to £11.9m. Newly-filed accounts [...]
Global: Huge losses continue for LBC, Heart and Capital owner January 2, 2025 Global, the media giant which owns commercial radio stations such as Capital, Heart and LBC, has now lost almost £700m since it last reported a pre-tax profit. The London-headquartered empire, which also includes Smooth, Radio X and Classic FM, fell to a pre-tax loss of £120.3m in the year to 31 March, 2024, newly-filed accounts [...]
‘It Ends with Us’ director Justin Baldoni hits New York Times with major lawsuit January 2, 2025 Justin Baldoni is suing the NYT over its story on his co-star Blake Lively's allegations of sexual harassment on the set of the 'It Ends with Us'
AI copyright law changes could undermine British music industry December 31, 2024 Music trade association issued warnings against the government's proposed changes to copyright law
National World: Yorkshire Post and The Scotsman owner agrees £65m takeover December 18, 2024 Shareholders in National World, the media group whose titles include Yorkshire Post and The Scotsman, are set for a bumper pay day as a takeover deal which values it at over £65m was agreed. Irish media group Media Concierge, which currently holds a 26 per cent stake in National World, first tabled an offer worth [...]
Tortoise Media acquires Observer newspaper as deal finalised December 18, 2024 The Observer newspaper’s sale to Tortoise Media has been confirmed after a deal was signed by The Scott Trust and Guardian Media Group (GMG). James Harding will take on the role of editor-in-chief while Lucy Rock has been appointed editor (print), the first woman to oversee the newspaper in 100 years. The Observer is being [...]
Canal+ IPO offers hope for troubled London Stock Exchange December 16, 2024 French media giant Canal+ will list on the London Stock Exchange this morning in an early Christmas present for a bourse battered by a string of exits this year.
Steven Bartlett faces questions over hit Diary of a CEO podcast December 13, 2024 Dragons’ Den star Steven Bartlett is facing questions over his hit Diary of a CEO podcast after a investigation by BBC News raised concerns over health claims made by several guests. The entrepreneur, who made his fortune after co-founding Social Chain in Manchester after dropping out of university, has been accused of amplifying harmful health [...]