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      Jobs apocalypse: Britain’s biggest firms cut more than 130,000 roles in two years

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Netflix

  • Netflix $72bn Warner offer: ‘I never saw it coming’ says co-founder Marc Randolph

    December 10, 2025

    Netflix’s former CEO and co-founder, Marc Randolph, said the $72bn bid by his former company last week for Warner Bros.’ film studios and streaming business, “came as a shock”. Speaking at Abu Dhabi Finance Week, Randolph told the audience, “I will confess I never saw that [move] coming. I haven’t worked at Netflix for quite [...]

  • Paramount takeover of UK sport cools despite Champions League grab

    December 10, 2025

    Paramount Skydance has no plans to launch a UK sports channel after acquiring Champions League rights from 2027 onwards in an indication that a major expansion into sport from the global streaming platform is unlikely.  As it stands the Champions League is likely to be broadcast in this country on Paramount+, while the entertainment network [...]

  • Netflix holds Hollywood’s crown, but at what cost?

    December 9, 2025

    If you have so much as glanced at any headlines in the past few days, you will have seen that Hollywood is entering a new era of streaming consolidation, with Netflix leading the way. The US giant has agreed a mega $72bn (£54bn) deal to acquire Warner Bros Discovery’s film and TV studios, HBO Max, [...]

  • Trump won’t be able to resist shaping the future of American media

    December 9, 2025

    Less than twenty years ago, Netflix was still sending DVDs through the post. That particular innovation helped to see off Blockbuster, which crashed from a valuation of around $5bn in the early 2000s to bankruptcy in 2011. Today, Netflix has a valuation north of $400bn and is swooping on a giant of the golden age [...]

  • Paramount crashes Netflix-Warner Bros party with £108bn rival bid

    December 8, 2025

    Paramount Skydance has launched a hostile takeover bid for Warner Bros Discovery (WBD), throwing the film titan’s recent deal with streaming giant Netflix into uncertainty. On Monday, Paramount said its all-cash tender offer of $30 (£22.50) per share provides shareholders $18bn more than Netflix’s $27.75 per share offer. Paramount chief executive David Ellison argued the [...]

  • Piers Morgan lands $30m backing as Uncensored goes global

    December 6, 2025

    Piers Morgan is closing in on roughly $30m (£22.5m) in new funding to expand his YouTube venture, Uncensored, into a fully fledged global media business. The deal would value the operation at about $130m (£97m). Sky News revealed that the new investors include US merchant bank The Raine Group, whose co-founder Joe Ravitch, a key [...]

  • Netflix snaps up Warner Bros in blockbuster £54bn deal 

    December 5, 2025

    Netflix has clinched a blockbuster deal to take over Warner Bros in a major shake-up of the film and streaming industry.  In an announcement on Friday, it was formally announced that Netflix would take over the major streaming and film company Warner Bros in an agreement worth $72bn (£54bn).  Should the deal pass regulatory checks, [...]

  • Lineker 1, BBC 0: Goalhanger set for bumper World Cup deal with Netflix

    December 2, 2025

    Netflix has reportedly signed Gary Lineker’s The Rest Is Football podcast in a deal which will see the former BBC presenter go up against his old employer at next year’s World Cup. Lineker is expected set to earn millions of pounds from selling the rights to the show, in which he discusses topical football matters [...]

  • Formula 1: Drive to Survive maker rakes in millions

    November 27, 2025

    Turnover at the maker of hit Netflix Formula 1 documentary series Drive to Survive surged by almost 70 per cent during its latest financial year, it has been revealed. Box To Box Films has reported a turnover of £73.1m for the 12 months to 31 March, 2025, according to new accounts filed with Companies House. [...]

  • Streaming overtakes traditional sports broadcasting, spending $12.5bn in 2025

    October 29, 2025

    Streaming has overtaken traditional broadcast and cable TV viewing as its biggest players have increased investment in sports rights, according to a new report. Platforms such as Dazn have pumped significant funds into showing live sport, with the sector as a whole spending $12.5bn in 2025, up 25 per cent on last year. Streaming’s share [...]

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