Business

EXCLUSIVE: Leading Japanese newspaper The Asahi Shimbun has signed with Storied Media Group for film and television representation. SMG will package and sell the newspaper’s content for feature films and television both domestically and internationally. “We are thrilled to be working with The Asahi Shimbun to bring its exceptional journalism to the TV and film

US inflation grew at a slower pace than expected in July, according to the latest government figures, easing pressure on the Federal Reserve to deliver another super-sized interest rate hike. Consumer prices jumped by 8.5% in July compared with a year earlier, down from the 9.1% year-on-year jump in June. On a monthly basis, prices

Beyoncé has hit the pinnacle of the music charts with her single “Break My Soul.” The singer topped the Billboard Hot 100 as a solo artist for the first time in 14 years. Beyoncé’s lead single from “Renaissance” first hit the charts six weeks ago and it rose to its peak the same week the

Elon Musk has sold $6.9bn (£5.7bn) of shares in his electric vehicle maker Tesla as his battle against Twitter continues. Mr Musk sold about 7.92 million shares between 5 August and 9 August, according to multiple filings, meaning he now owns 155.04 million shares in the company. In April, the world’s richest man announced a

UPDATED throughout: The Walt Disney Company has posted an extensive list of new events for its annual D23 Expo fan event next month, including new Marvel, Disney+ and Walt Disney Animation presentations, as well as panels for The Simpsons, Tron, Dancing With the Stars, Encanto, Bob’s Burgers and a sneak peek of Zootopia+. For details,

Royal Mail workers are set to stage four days of strikes in the coming weeks in a dispute over pay. The Communication Workers Union (CWU) said over 115,000 staff will form the biggest strike of the summer so far to demand a “dignified, proper pay rise”. Walkouts will take place on Friday 26 and Wednesday

SAG-AFTRA’s national board has voted overwhelmingly to approve a new three-year contract with Netflix. The contract now goes to the guild’s membership for ratification. SAG-AFTRA signed its first-ever overall deal directly with Netflix three years ago. Before that, the streaming giant dealt with the guild on a production-by-production basis. Guild officials said at the time

Campaigners have demanded a 25p cut in fuel prices to help reduce the cost of living. FairFuelUK said fuel duty should be cut by 20 to 25p per litre in a similar manner to cuts seen in Europe. The campaign organisation said the price of a barrel of Brent Oil was now below £80 a

Rob Mitchell, chief financial officer of Bold Films who earlier worked at Beacon Pictures and Hyde Park Entertainment, died July 28 of a pulmonary embolism at his home in Thousand Oaks, CA. He was 55. Mitchell was the twin brother of Gregg Mitchell, the WGA West’s events manager. Rob Mitchell worked in the entertainment industry

Lord Hammond, the former chancellor, is among a host of heavyweight figures being enlisted to back a new £1bn fund aimed at accelerating the expansion of some of Britain’s most promising financial technology companies. Sky News has learnt that Lord Hammond has been lined up to serve on the advisory board of the new venture,

UPDATE: The Senate on Sunday passed a $700 billion package to address climate change, curb the rising cost of prescription drugs and extend Affordable Care Act benefits. Senate Democrats broke out in applause after Vice President Kamala Harris announced the 50-50 vote and broke the tie for passage. The Inflation Reduction Act, a compromise forged

Liz Truss and Rishi Sunak are coming under growing pressure to explain how they would help British families with the cost of living crisis this autumn. With inflation set to spike above 13% in October, the energy price cap expected to surge and a recession forecast by the year’s end, economic policy has become the

In a recent ad spot from John Fetterman, the Pennsylvania lieutenant governor running for an open U.S. Senate seat, he attacked his rival, Mehmet Oz, as “not one of us” and part of the wealthy entertainment elite. “Hey, Doc Hollywood, save your money, Pennsylvania is not for sale,” Fetterman said in the spot, as video

Arcadia Group’s pension schemes are closing in on a deal to offload retirement funding promises made by the retail empire, owned by Sir Philip Green, prior to its collapse two years ago. Sky News has learnt that the trustees of its executive and staff schemes are in detailed discussions with Pension Insurance Corporation (PIC), the

Ana Navarro officially became a permanent co-host on The View as the talk show enters Season 26. The Nicaraguan-born political commentator had been a weekly guest co-host since 2018 but had started making appearances as a contributor since 2013. When Whoopi Goldberg made the announcement she said that Navarro was “overqualified to be called our

Some families are up to £1,600 a year worse off because of the cost of living crisis – even after government help is taken into account. The poorest in society are suffering three major blows to their income in the year to October 2022, according to a report commissioned by former prime minister Gordon Brown.

Warner Bros. Discovery Friday detailed its charges for the second quarter that included a combined $825 million hit on the content side, including $496 million for content impairment and $329 million for content development write-downs, as well as $208 million for employee terminations for the three months ended June. As reported Thursday, WBD posted a

The high street giant Next is in talks to take a big stake in Joules, the struggling fashion and lifestyle products chain. Sky News has learnt that Next has been negotiating for several weeks to acquire up to 25% of the smaller London-listed retailer. City sources said this weekend that the discussions were not certain

Actress Anne Heche has been hospitalized with burns after crashing her car into a Los Angeles home, Deadline has confirmed. The news was first reported by TMZ. The crash occurred at 10:55 AM Friday in the Mar Vista area of L.A., according to police. “The vehicle was heading east on Preston Way at a high

Workers at the UK’s biggest container port will go on strike for more than a week later this month in a dispute over pay. More than 1,900 members of Unite union at Felixstowe will strike for eight days from Sunday 21 August until Monday 29 August. The union said that employer Felixstowe Dock and Railway

Eldridge and MRC said today that they have completed the separation of combined media assets. MRC, led by founders and co-CEOs Modi Wiczyk and Asif Satchu, will retain and control its existing operations as the leading independent studio, with three divisions: Film, Television and Non-Fiction. MRC also will retain its stakes in Civic Center Media