Business

Focus Features is planning a moderate release of You Won’t Be Alone on Friday, January 28, 2022 domestically in theaters. Set in an isolated mountain village in 19th century Macedonia, the film follows a young girl who is kidnapped and then transformed into a witch by an ancient spirit. Curious about life as a human,

Hundreds of millions of pounds of taxpayers’ money is at increased risk due to a failure to conduct sufficient checks on the now-collapsed finance firm that David Cameron lobbied for, a committee of MPs has found. A a new report by the House of Commons’ Public Accounts Committee (PAC), on the lessons to be learned

Nigerian-American Tomi Champion-Adeyemi, author of the best-selling young adult fantasy novel Children of Blood and Bone, has signed with CAA. The novel was published by Macmillan. Children of Blood and Bone marked Adeyemi’s first novel and is the first in the Legacy of Orïsha trilogy. The novel debuted at #1 on the New York Times best-seller list and

Ryanair has confirmed plans to abandon its London listing, in a move that will be seen as a post-Brexit snub to the UK’s financial centre. The no-frills carrier had said at the start of the month that it was considering the idea due to a fall in trading volumes of its shares on the London

Wrapping a months-long process, Endeavor Group Holding has sealed a deal to sell most of its successful production unit to South Korean media giant CJ ENM. CJ is investing $775 million for 80% of Endeavor Content’s scripted business, according to the official announcement, with the equity valuation reaching $970 million. Endeavor will retain 20% of

Retail sales rose for the first time in six months during October, according to official figures, suggesting shoppers started their hunt for Christmas gifts early as pressure intensifies on household budgets. The Office for National Statistics (ONS) reported a 0.8% increase in volumes last month compared to September – with clothing among categories leading the

UPDATED with Telemundo statement: NBCUniversal has extended one of its key sports properties, Premier League soccer, for another six years. From the 2022-23 season through 2028, 380 matches will be carried across the company’s broadcast, cable and streaming outlets. Games will be on NBC, USA Network, Peacock, Telemundo, Universo, and other places to be announced.

The eastern leg of HS2 has been scrapped and plans for Northern Powerhouse Rail have been downgraded, Grant Shapps has confirmed. The transport secretary told MPs that a new £96bn Integrated Rail Plan for the north and the Midlands will instead deliver “faster” train journeys both earlier and cheaper than the original HS2 plans would

EXCLUSIVE: LA-based market research and data analytics firm Screen Engine/ASI has acquired London-based outfit Tapestry Research as it looks to grow its global footprint. Tapestry was co-founded in 2014 by Kevin Thompson and Ian Wright, both of whom will continue to lead the company as Joint Managing Directors. They will also join the SE/ASI management

The chairman of M&S has written to Brexit minister Lord Frost to warn that EU plans to end its stand-off with the UK over Northern Ireland threaten to add to, not ease, red tape. Archie Norman said the Brussels offer “could result in worsening friction and cost and a high level of ambiguity and scope

Paramount+, the rebranded streaming service that went live last March, had its “most successful week ever” with more than 1 million new subscribers, according to ViacomCBS. The company has been in heavy promo mode for the service, especially with the industry fixated on streaming, but it has declined to break out its numbers from the

The number might have surprised most economists, who were anticipating a figure slightly below 4% rather than slightly above it, but in another sense there’s nothing enormously surprising about today’s inflation figure, striking as it may be. Everyone expected CPI to rise sharply in October, as we saw the impact of higher energy prices on

In what is said to be one of the biggest naming rights deals in U.S. history, Downtown L.A.’s Staples Center will become Crypto.com Arena, beginning Christmas Day. The deal between the Hong Kong-based cryptocurrency exchange and AEG is worth $700 million, according to multiple reports. As part of the deal, Crypto.com becomes “an official cryptocurrency

The rate of inflation has hit its highest level for a decade as prices rise across the UK economy, with fuel and energy costs leading the way. The Office for National Statistics (ONS) reported that the consumer prices index (CPI) measure jumped to 4.2% in October from 3.1% the previous month – a bigger leap

EXCLUSIVE: Makeready has brought in Collin Creighton to be a producing partner alongside founder Brad Weston and oversee the company’s production slate. Creighton most recently served as Director of Original Studio Film at Netflix, where during his tenure he was instrumental in building out the company’s original film division, overseeing high-profile features including The Irishman,

The chairman of the Premier League is on the brink of resigning following a backlash from clubs over its handling of the Saudi-led takeover of Newcastle United. Sky News has learnt that Gary Hoffman, who only took up the non-executive post 18 months ago, is close to finalising his exit after coming under pressure to

Netflix has struck a renewed long-term agreement with UK production facility Shepperton Studios. The site’s owner, Pinewood Group, also announced today that the site will be significantly expanded, with the new development totalling approximately 1 million sq ft of new production accommodation, and comprising 17 additional sound stages, in addition to the 14 that already

Chancellor Rishi Sunak has hailed the “extraordinary success” of the furlough scheme as official figures suggest a “small” number of jobs were lost at its demise. The Office for National Statistics (ONS) reported a rise of 160,000 in payrolled employment between September and October. Treasury data had shown there were 1.14 million jobs on furlough

Mickey Mouse’s Toontown at Disneyland will close in March 2022 to undergo a reimagining of the space which will cater to families with young children, theme park officials announced today. When Toontown reopens in early 2023, Disneyland officials said, Imagineers have envisioned all-new experiences so families and young children will have more opportunities to enjoy

Bank of England governor Andrew Bailey has admitted he is “very uneasy” about high inflation – but dismissed the idea that Britain could face a 1970s style wage-price spiral. Mr Bailey was being questioned by MPs over the Bank’s latest decision to leave interest rates on hold at a record low of 0.1% – surprising