Netflix flashes the cash to end Hollywood’s bidding war Media Netfix is reportedly readying an all-cash offensive to secure its long-awaited $83bn takeover of Warner Bros, in a move set to kill off a persistent hostile bid from rival Paramount Skydance. The Los Gatos streaming giant is set to snub the cash and stock bid in favour of a simpler, hard-currency deal, as it aims [...]
Ofcom investigation launched into Grok AI deepfakes on X Regulation The media and online safety watchdog has announced an investigation into Elon Musk’s X, to determine whether the platform has done enough to protect Brits from explicit deepfakes generated by its Grok AI. Ofcom pointed to “deeply concerning reports of the Grok AI chatbot account on X being used to create and share undressed images [...]
Steve Coogan’s TV maker returns to profit before High Court settlement Media Steve Coogan’s production company returned to profit ahead of settling a High Court defamation claim, it has been revealed. Baby Cow Productions has reported a pre-tax profit of £358,628 for the year to 31 March, 2025. The profit comes after the business posted a pre-tax loss of £374,081 for the prior 12 months. New accounts [...]
GTA 6: Rockstar Games’ UK profit rises ahead of release January 6, 2026 Profit at the UK arm of Rockstar Games has risen ahead of the release of the highly anticipated Grand Theft Auto 6 (GTA 6). The business has posted a pre-tax profit of £26.9m for the year to 31 March, 2025, new accounts filed with Companies House show. The latest figure is up from the £19.4m [...]
LBC owner loses £140m despite revenue marching towards £1bn January 5, 2026 Global, the media giant behind the likes of radio stations LBC, Capital and Heart, lost £140m during its latest financial year despite its revenue continuing its march towards £1bn. The London-headquartered business, which also includes Smooth, Radio X and Classic FM, has reported its latest pre-tax loss after also losing £120.3m in the prior 12 [...]
Dua Lipa and Olivia Dean drive UK music boom despite fragile backdrop December 31, 2025 The UK recorded music industry chalked up an 11th consecutive year of growth this year, thanks to a new generation of British artists breaking through at home and overseas. The sector wins come despite mounting pressures that threaten its grassroots foundations. Figures published by industry body BPI show total recorded music consumption rose 4.9 per [...]
Warner Bros slides ahead of takeover deadline December 30, 2025 Warner Bros Discovery has been trading lower in the days leading up to the 21 January offer deadline, as investors weigh the chances of a successful deal amid competing bids from Netflix and Paramount Skydance. Shares slipped 0.04 per cent to $28.79 (£21.30) on Monday, trading around four per cent below Paramount’s $30 cash offer. [...]
Ticket touts exploit Coldplay, Oasis, Billie Eilish demand December 28, 2025 Coldplay, Oasis and Billie Eilish were the most touted artists of 2025, with fans paying up to £800 per ticket on resale sites, according to new research from O2. The telecoms giant, which sold 1.7 million live event tickets via its ‘Priority’ platform last year, warned that the booming secondary market is leaving millions of [...]
Central London Alliance Launches Podcast to Debate London’s Opportunities and Obstacles for Growth December 19, 2025 | City Talk London, [19 December] – Central London Alliance CIC, a leading community interest company dedicated to supporting the sustainable recovery of London’s business, hospitality, cultural, tourism, and retail sectors, today announces the launch of its new podcast series – London Talking: a platform for in-depth discussions on the challenges and opportunities shaping the capital’s growth prospects. [...]
City AM The Magazine nominated for top awards December 19, 2025 City AM’s quarterly magazine has been nominated for Best Supplement in the Regional Press Awards, with editor Steve Dinneen also nominated in the Features Writer of the Year category. The Magazine, which recently released its Winter issue featuring actor Russell Tovey on the cover, has been serving the people of the Square Mile and beyond [...]