Disney streaming gains momentum as Hollywood pressure builds Media Disney beat Wall Street expectations in its latest quarter, buoyed by an unexpected improvement in its streaming business, despite rising costs hitting the entertainment industry. The media giant reported adjusted earnings per share of $1.63 for its first fiscal quarter, ahead of estimates of around $1.56. Revenue rose five per cent year on year to [...]
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 [...]
Pressure mounts as Ellison stakes $40bn for Warner Bros Media In the latest twist in Hollywood’s own corporate soap opera, tech billionaire Larry Ellison has personally guaranteed $40.4bn (£30bn) to support Paramount Skydance’s $108.4bn bid for Warner Bros Discovery (WBD), in a bid to outflank Netflix in the fight for the entertainment giant. Warner Bros urged shareholders last week to reject Paramount’s all-cash offer, citing [...]
Robert De Niro reveals favourite movie he’s ever made – and it’s not The Godfather or Taxi Driver November 14, 2025 Hollywood legend Robert De Niro has revealed his favourite movie he’s ever made – and it’s not one many will have heard of. The Oscar winner was speaking to City AM this week to mark the start of construction of a £360m skyscraper in Manchester which his company, Nobu Hospitality, is involved in. The development [...]
Trump’s film tariffs could be a real test for the UK’s creative economy September 30, 2025 The UK’s film and television sector is a significant component of the national economy, and its future is now a central topic in transatlantic trade talks. US President Donald Trump has proposed a 100 per cent tariff on films produced outside the United States, a move he says is aimed at reversing what he calls [...]
Trump launches fresh tariffs as government shutdown looms September 30, 2025 In a frenetic 24 hours for the President, Donald Trump has launched fresh tariffs on the US’s trading partners as his government looks to be marching towards shutdown. The White House has said it will charge a 10 per cent tariff on foreign softwood lumber and timber, used in a wide variety of building materials, [...]
Trump threatens 100 per cent tariff on UK films to ‘protect Hollywood’ September 29, 2025 President Donald Trump has renewed his threat to impose a 100 per cent tariff on “any and all” films produced outside the USA, a move that has sparked concern across the British film industry. In a post on Truth Social on Monday, Trump criticised foreign movie production as “stealing candy from a baby”, and accused [...]
How the UK took on Hollywood (and why Trump wants it back) May 22, 2025 With expanding film studios and its creative talent, the UK is forging a new era of Hollywood. It's no surprise Trump wants it back.
Vue: Cinema chain loses over £90m despite Deadpool & Wolverine boost April 28, 2025 Cinema chain Vue lost more than £90m last year as the success of Inside Out 2 and Deadpool & Wolverine failed to boost its bottom line. The business has posted a pre-tax loss of £91.8m for the 12 months to 30 November, 2024, having also lost £73.7m in the prior year. The latest total comes [...]
Should Hollywood look north after latest southern snub? June 10, 2024 Hollywood bigwigs have been called on to look north to stage their latest box office hits after the UK film industry was dealt another major blow recently as £750m plans for a new film studio in Buckinghamshire were quashed.