Snug, a British sofa manufacturer, is in talks about a sale four years after its launch. Sky News understands that Snug, which was founded by Rob Bridgman, is working with the accountancy firm Evelyn Partners to find a buyer before the end of the year. Sources said a deadline of 23 December had been set
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In one of of the biggest TV showrunner agency moves in years, CAA has signed Greg Berlanti for representation in all areas. A WGA, DGA, PGA and Emmy nominated writer, director, and producer, Berlanti is known for his loyalty; he has only changed agencies once, in the early 2000s, when he left ICM for Endeavor
A significant number of firms are still struggling to increase sales or grow their business under the UK-EU trade deal, the British Chambers of Commerce (BCC) has warned. It is calling on the government to look again at how trade with Europe can be improved two years after the deal agreed by Boris Johnson. Last
UPDATE: The Collaboration has canceled performances through Friday, Dec. 23, with producers saying they expect the show to resume performances on Monday, Dec. 26. Due to a case of Covid in the cast, producers canceled last night’s opening night performance. Like some other Broadway productions, the play had not been scheduled for staging on Christmas
An insolvent solar farms empire which received hundreds of millions of pounds in funding from a debt-laden English local authority is being put up for sale. Sky News has learnt that Interpath Advisory, which was appointed administrator to Toucan Energy last month, will confirm on Friday that KPMG, the accountancy firm, has been hired to
Elon Musk is accepting the will of the people after he polled Twitter users if he should step down as CEO of the social network. The poll had over 17M votes and the result of 57.5% was in favor of Musk leaving his current position. In a new tweet, Musk is confirming he will pass
Elon Musk has said he will resign as CEO of Twitter “as soon as I find someone foolish enough to take the job”. The Twitter boss said following that he would “just run the software and servers teams”. It comes after Musk launched a poll asking users for their verdict on his tenure, saying he
Trey Parker and Matt Stone’s AI studio Deep Voodoo said Wednesday that it has secured a $20 million in an investment round led by Connect Ventures. The South Park creators’ startup said it will use the capital to accelerate its development of deep-fake technology, VFX services and original synthetic media projects. Connect Ventures is an
The London-listed advertising technology company whose directors include Rebekah Brooks, the boss of The Sun newspaper’s publisher, has kicked off talks that could lead to it being sold. Sky News has learnt that Tremor International, whose shares have halved in the last 12 months, is working with bankers at Goldman Sachs to solicit takeover interest.
Hollywood Commission chairperson Anita Hill responded today to the conviction of Harvey Weinstein on three sex crime charges by a Los Angeles jury that could mean a sentence of 18 to 24 years behind bars for the Oscar-winning producer. Many of Weinstein’s accusers have said they were lured to hotel-room meetings that they thought were
British Airways has apologised to customers after suffering “a technical issue” with its flight planning systems that has affected flights departing the US and elsewhere globally ahead of Christmas. BA said it had fixed the glitch, first experienced overnight, that had grounded many long haul services ahead of scheduled departures and left many passengers complaining
UPDATE: The January 6th Committee recommended that the Justice Department pursue four criminal charges against former President Donald Trump along with others they claim helped orchestrate an effort to overturn the results of the 2020 election. The charges include obstruction of an official proceeding, conspiracy to defraud the United States, conspiracy to make a false
The founder of Xpediator, a London-listed logistics company, is hatching a plan to take it private. Sky News understands that Stephen Blyth, who stepped down as Xpediator’s chief executive in 2020, has assembled financial backing for a takeover offer. The identity of Mr Blyth’s backers and the price at which a bid would be pitched
Elon Musk is putting his future as CEO of Twitter in the hands of the platform’s users. The owner of the social network created a poll asking if he should remain at the helm of the company. “Should I step down as head of Twitter? I will abide by the results of this poll,” he
Uniper, the crisis-hit German gas trader that owns seven UK power stations, has warned shareholders it faces “possible insolvency” unless they back an additional state bailout worth more than €50bn (£44.6bn). Chief executive Klaus-Dieter Maubach told investors ahead of a crucial vote on Monday that they risked losing their entire investments in the company if
Billy Joel has postponed his last Madison Square Garden concert of this year, citing a “viral infection.” The postponement was announced on Saturday evening for the planned Monday show. It has been rescheduled for June 2. “We understand the inconvenience this causes everyone who purchased tickets and we apologize for this unexpected circumstance,” a management statement
Construction businesses are going bust at their fastest rate in a decade, driving the number of company insolvencies to its highest level since the financial crisis. Rising material costs, staff shortages and plummeting consumer demand are weighing on businesses, forcing them to squeeze their margins to unsustainable levels. Official figures show that in the second
FOURTH UPDATE, Saturday, 3:35 PM PT: Journalists’ account may have been reinstated, but that doesn’t mean they are functional. CNN’s Donie O’Sullivan appeared on the network Saturday and noted that he did not post a direct link to @ElonJet at all and has declined to remove a tweet in dispute. “There is an option to
Pubs, clubs and bars in England and Wales could be allowed to open for longer to celebrate the King’s coronation. The government has said it will consult on extending licensing hours from 11pm until 1am on 5, 6, and 7 May across the Bank Holiday weekend. The Home Office said the move will provide “an
One woman died on Saturday and eight other people were injured in a concert crush that occurred Thursday outside London’s famed O2 Brixton Academy, police said today. London resident Rebecca Ikumelo, 33, was hospitalized after a crush occurred outside the venue, where Nigerian singer Asake was to perform. In addition to the death, Metropolitan Police