Netflix $72bn Warner offer: ‘I never saw it coming’ says co-founder Marc Randolph Media 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 [...]
Trump won’t be able to resist shaping the future of American media Media 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 [...]
UK and US agree to zero tariff deal on pharmaceuticals Business The government has agreed to a major deal with Washington that will see the UK become the only country to secure zero import tariffs on pharmaceutical products into the US for at least three years. The deal follows months of negotiations between the government and the Trump administration, after the June trade deal left the [...]
Big Tech pays up as Reeves keeps digital tax November 27, 2025 The Treasury slipped out its long-awaited review of the UK’s Digital Services Tax alongside yesterday’s Budget – and despite months of diplomatic sabre-rattling from Washington, the government is digging in. Big Tech, it seems, will still have to cough up. The report, required by legislation and published with all the enthusiasm of a rainy Tuesday, [...]
2026 World Cup: SoFi boss dismisses Trump threat to move games from LA November 14, 2025 The boss of the SoFi Stadium in Los Angeles says he expects the £4bn venue to play a key role in staging next summer’s 2026 World Cup despite US President Trump threatening to move games from the city. Trump has raised the prospect of stripping LA, San Francisco and Seattle of their scheduled fixtures if [...]
Trump International, Scotland scoops world’s best golf course award November 13, 2025 US President Donald Trump has welcomed the “great honour” of his Trump International property in Scotland winning an award for the world’s best golf course. The New Course, which opened this year at Trump International in Aberdeenshire, scooped the top gong at the World Golf Awards, which is voted for by professionals, media and the [...]
How did South Korea clinch the top spot in global markets? November 13, 2025 Stock markets across the globe have shrugged off months of geopolitical and economic turmoil with all major indexes rallying since the start of the year. The FTSE has risen 19.8 per cent since January, hitting record highs,while the Nasdaq has jumped 21.7 per cent buoyed by the AI boom, and Japan’s Nikkei 255 reaped the [...]
Trade wars turn demand for global tax advisers in £50bn market November 12, 2025 The global tax advisory growth rate for 2025 is expected to nearly double last year’s rate, driven largely by the policies of the US President Trump’s administration, including trade wars and tariffs. According to a new report by research-led advisory firm Source Global Research, the market value for tax advisory services is forecasted to reach [...]
Can Donald Trump really sue the BBC for $1bn? November 11, 2025 US President Donald Trump’s threat to sue the BBC for $1bn over the misleading edit of a Panorama programme has thrown the Corporation into crisis. But it’s unclear if the US President’s threats have any legal substance. Trump made his legal threat after a BBC memo was leaked, revealing that its Panorama programme had spliced [...]
Why naming Washington Commanders stadium after Trump suits President November 11, 2025 The Washington Commanders potentially naming their NFL stadium after Donald Trump plays into the President’s proposition that “he is making America great again”. The new DC stadium will sit where its predecessor sat, in view of the United States Capitol building and there have been reports of a potential Trump association, something the White House [...]