Oasis reunion tour to boost London’s economy by £426m May 22, 2025 The long-awaited Oasis reunion is set to deliver a remarkable £426.3m boost to London’s economy, with fans across the UK set to spend over £1bn. New data from Novuna Personal Finance found that the band’s sold-out, seven-night residency at Wembley Stadium will attract more than 630,000 fans to the capital, with each night forecast to [...]
The O2 owner’s touring and festivals arm almost doubles sales May 15, 2025 Sales at the UK touring and festivals arm of the group that owns The O2 in London almost doubled as its profits surged during 2024, it has been revealed. AEG Presents has posted a turnover of £340m for its latest financial year, up from the £178.3m it reported for 2023. New accounts filed with Companies [...]
Drayton Manor: Profit continues to slide as wet summer hits theme park February 21, 2025 Profit at Drayton Manor has fallen for a fourth year in a row since the theme park was rescued out of administration as wet weather continued to suppress sales. The Staffordshire-based attraction has reported a pre-tax profit of £1.2m for the year to 30 September, 2024, down from the £2m it posted for the prior [...]
Top Hollywood Bowl bosses lined up for massive pay day January 3, 2025 The top bosses at Hollywood Bowl have been lined up to receive a bonus worth 150 per cent of their base salary if the FTSE 250 group continues to hit its financial targets. Chief executive Stephen Burns and chief financial officer Laurence Keen are eligible for a bonus up to the new total for the [...]
Mamma Mia and Hamilton help Cameron Mackintosh’s West End empire towards £200m January 3, 2025 The continued popularity of Les Miserables, Mamma Mia and Hamilton has helped push sales the West End theatre empire run by Sir Cameron Mackintosh to almost £200m. For the year to 31 March, 2024, Sir Cameron’s group has reported a turnover of £199.1m, up from the £185.8m it posted for the prior 12 months. Newly-filed [...]
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 [...]
Profit slashed at Sex Education maker after Netflix series ended January 2, 2025 Profit at the production company behind hit series Sex Education was slashed in the year the Netflix show came to an end, it has been revealed. Eleven Film, which is headquartered in London, has reported a pre-tax profit of £760,350 for the 12 months to 31 March, 2024. The latest figure comes after the business [...]
Cineworld: The six cinemas to close as restructuring plan completes December 10, 2024 Cineworld has revealed it will close another six of its cinemas across the UK as its major restructuring process comes to an end. The troubled chain will shutter its sites in Castleford, Leigh, Middlesbrough, Northampton, Poole and Weymouth. The move comes after Cineworld previously closed five sites after first announcing the overhaul in July. The [...]
Vue: National Minimum Wage and rising costs cuts cinema chain’s earnings November 29, 2024 The releases of Wonka, Kung Fu Panda 4 and Dune: Part 2 failed to boost sales at cinema chain Vue during the first half of its financial year while its earnings were slashed. The company said the falling admonitions and total revenue for the period were the result of coming up against the tough comparison [...]
Flutter: Paddy Power owner slashes loss as US sales double November 13, 2024 Gambling giant Flutter Entertainment, whose brands include the likes of Paddy Power and Betfair, slashed its net loss during its latest quarter as its US sales doubled. The group’s total revenue for the third quarter of 2024 rose by 27 per cent from £2.558bn to £3.248bn while its adjusted earnings before interest, tax, depreciation and [...]