Business

Former Manchester United director Michael Knighton is putting his own ambitions to buy the struggling club on hold to back Sir Jim Ratcliffe to become the new owner. Mr Knighton told Sky News that the Glazers “have run out of road” and should sell up. The American family has given no indication it is willing

China’s Bona Film Group, producer of such hits as The Battle At Lake Changjin, made its debut on the Shenzhen stock exchange on Thursday, with shares closing the day at RMB 7.24 ($1.07). This was a 44% increase from the initial public offering price of RMB 5.03 ($0.74) per share and put the market capitalization

A union boss has warned rail strikes will continue until a settlement is reached as the latest walkout by workers caused widespread disruption for train passengers. Speaking to Sky News, RMT chief Mick Lynch said his members were “completely committed to the cause” and would “keep going” in their long-running dispute over pay, jobs and

EXCLUSIVE: Robert Alexander and his company Hardware Studio have signed with CAA for representation. Alexander is an Emmy Award-winning director and producer who works in documentary and narrative, and leads a number of production teams at the executive level. He is the CEO of Hardware Studio, a full-service company that produces documentary, narrative, and premium

An Ofgem director has quit over the electricity and gas regulator’s decision to change the way it calculates the energy price cap, which she said will lead to much higher bills. The regulator confirmed to Sky News that Christine Farnish had stepped down from the board after disagreeing with the rest of its members over

Recording impresarios Swizz Beatz and Timbaland are suing social media platform Triller, claiming they are owed more than $28 million after the TikTok-like outfit acquired the duo’s music enterprise Verzuz last year. Triller in 2021 said it was buying the Verzuz web series — which had become a breakout hit during the pandemic, pitting music

Britain’s rate of inflation has surged to a fresh 40-year high, heaping yet more pain on cash-strapped households as the cost of living crisis deepens. The Consumer Prices Index (CPI) rose to 10.1% in the 12 months to July, up from 9.4% in June and remaining at the highest level since February 1982, the Office

IATSE is accusing the Association of Independent Commercial Producers of “union busting” and providing companies with a “license to blacklist” production department workers engaged in unionizing efforts. Last month, the union said that thousands of workers employed in TV commercial production departments had formed a new union called Stand with Production under the umbrella of

While naturally most attention with today’s jobs figures will focus on the biggest decline in wages in real terms, in other words when inflation is factored in, the numbers also point to a lot of interesting things going on beneath the surface. First of all, look at the way the growth in wages including bonuses

Downtown Los Angeles is going through a transformation and East End Capital is planning on building 16 soundstages in the Arts District. The 720-square-foot development would be close to the infamous 6th Street Bridge. East End Studios filed plans with the city to develop 15 acres of land at 6th and Alameda streets, according to

Workers have suffered a record real-term pay slump in the face of soaring prices, official data reveals. Regular wages, excluding bonuses, plunged an average of 4.1% on the year in the three months to June when inflation is taken into account, according to the Office for National Statistics (ONS). It is the highest fall since

EXCLUSIVE: The World of Jumanji theme land, the first ever connected to the $2.03 billion grossing Sony feature franchise, will open its gates in spring 2023 at the UK’s Chessington World of Adventures Resort in Chessington, UK. The theme land, a $20.5M development, is part of a global agreement between Columbia Pictures Location Based Entertainment and

The American consumer goods group which owns Reebok and an interest in David Beckham’s branded products portfolio is close to unveiling a cut-price £200m takeover of Ted Baker, the London-listed fashion retailer. Sky News has learnt that the board of Ted Baker is preparing to recommend a 110p-a-share offer from Authentic Brands Group (ABG), run

The CW is about to enter a new ownership era, as local TV giant Nexstar Media Group has confirmed a pending deal to acquire a 75% stake in the 16-year-old broadcast operation. Warner Bros Discovery and Paramount Global will each retain a 12.5% ownership interest in the CW and will continue to produce scripted content

Many train fares will rise below the rate of inflation next year to help travellers cope with the cost-of-living crisis, the government has announced. The price increase for England, which before the coronavirus pandemic was introduced in January each year, will also again be delayed until March to ease the burden on “struggling households”, the

The Foundation of the National Academy of Television Arts & Sciences (NATAS) announced $90K in scholarships to seven college-bound high school students pursuing careers in television.  “This year’s scholarship recipients had a lot in common. They showed tremendous creativity, sterling accomplishments and a never-give-up resiliency during these challenging times,” said Doug Mummert, Chair, Foundation (NATAS).“We

Saudi oil giant Aramco has revealed profits of $48.4bn (£40bn) for the second quarter of 2022 – a 90% year-on-year increase. The sum has broken the firm’s quarterly profit record set in May, with soaring energy prices driven by Vladimir Putin’s invasion of Ukraine resulting in windfalls to oil producers. The $48.4bn figure is higher

The Native American Media Alliance (NAMA) announced the call for applications for the 2nd Annual Native American Unscripted Workshop. “The unscripted space is an area that lacks inclusivity of Native American content creation and our tribal communities have yet to gain access on a grand scale. This initiative addresses another area in the industry that

House building has not kept up with population growth in almost half of the local authorities in England, Sky News analysis has found. In the decade to 2021, the population grew faster or at the same pace as the number of homes in 150 out of 309 local authorities, according to our analysis of data

Now comes my favorite part of the film awards season, the very beginning, when everyone is a contender. It’s just like the old days, when the carnival came to town (also in late summer). Step right up, everyone’s a winner! Take a shot, win a prize!! You can’t win if you don’t play the game!!!