UPDATE, 1.18am, May 3: The Australian and Canadian film and TV unions have joined the UK’s writers’ guild in telling their writers to down tools on U.S. shows during the strike. International sources have pointed to the possibility of the Hollywood studios looking to Australian, Canadian and UK writers to pick up U.S. work during
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The UK financial watchdog will announce plans to change the rules on bringing companies into public ownership after a series of high profile businesses snubbed the London Stock Exchange. The Financial Conduct Authority (FCA) will on Wednesday publish proposed changes to rules on listing companies on the London Stock Exchange. It hopes to make regulation
Hours into WGA’s first strike in more than 15 years, writers took to the streets in New York to picket the Peacock newfront presentation. After starting off with a few dozen participants, the crowd at 415 Fifth Avenue swelled to nearly 300, wrapping around the block. In the shadow of the Empire State Building, picketers
BP profits eased to $5bn (£4bn) in the first quarter of the year, but the rewards for shareholders are being stepped up. Underlying replacement cost profit between January and March compared to $6.2bn in the same period last year but $4.8bn achieved in the previous three months. The figure was $700m higher than financial analysts
Funny Girl star Lea Michele and 2022 Tony Award Winner Myles Frost (MJ) will announce the 76th Annual Tony Award Nominations on Tuesday. The nominations announcement will air live from New York on the Tony Awards official YouTube page. A selection of categories will be read live on CBS Mornings at 8:30 a.m., ET. A complete list of the 2023 nominations will be
Food prices increased by a record high of 15.7% last month as pressure continues to mount on household finances. Fresh food prices saw a record jump of 17.8% year-on-year for April, while the price of ambient products, such as tinned goods and other store-cupboard items, went up 12.9%. The latest figures come as the average
Amazon has launched Fire TV Channels, a new hub for free, ad-supported TV (FAST). The tech giant made the announcement during its NewFronts presentation to advertisers at New York’s Lincoln Center. Because food programming will be a key ingredient in the new destination, the company enlisted Martha Stewart to help promote it (see video above).
US bank First Republic’s assets will be taken over by JP Morgan after it became the third American lender to fail in two months. JP Morgan has agreed a deal with regulators to acquire the “substantial majority” of First Republic’s assets, including $173 billion (£138bn) of loans. The California Department of Financial Protection and Innovation
EXCLUSIVE: While the Writers Guild of America will continue to negotiate with the studios right up to the expiration of their current contact on May 1, strike preparations are underway — but Hollywood might not see picket lines as quickly as you think. In fact, the WGA will likely not have its first picket lines
Vue International, the independent cinema giant, will this week name the former boss of Very, the online shopping group, to its board. Sky News understands that Henry Birch, who was also chief executive of casino operator Rank Group and William Hill Online, will join Vue as a non-executive director. Katrina Cliffe, a former American Express
Former First Lady Michelle Obama joined Bruce Springsteen during his April 28 concert in Barcelona, belting out “Glory Days” while banging a tambourine. Obama sang with Patti Scialfa and actress Kate Capshaw on stage. Michelle and husband Barack were in Spain with director Steven Spielberg and Capshaw and spent the day sightseeing ahead of Springsteen’s
The fashion retailer Superdry is in advanced talks about a near-£15m share sale as it races to shore up its balance sheet amid tough trading conditions. Sky News has learnt that the chain, headed by founder Julian Dunkerton, could unveil a cash call as soon as next week after discussions with City investors. The move
“They rioted because they didn’t want to work until 64,” Roy Wood Jr. said tonight at tonight at the White House Correspondents’ Association Dinner of recent uprisings over pension reform in France. “Meanwhile in America we have an 80-year-old man begging us for four more years of work,” the Daily Show correspondent added with President
The sportswear tycoon Dave Whelan is heading for a showdown with landlords over plans for an overhaul of his Fitness First gyms empire that would involve site closures and steep rent cuts. Sky News has learnt that Mr Whelan, best-known as the former owner of Wigan Athletic Football Club, is working with advisers on a
AMC Entertainment chief executive Adam Aron saw compensation last year totaling $23.7 million, up 25% from $18.9 million in 2021, according to an SEC filing Friday. That included a base salary of $1.5 million, a $6 million cash bonus, and stock awards valued at $16.2 million. “Despite challenging industry and economic conditions, as has been
Manchester United could become the most expensive sports team in the world, after a Qatari businessman entered a record-breaking offer as the bidding window slammed closed. Sheikh Jassim bin Hamad, who chairs the Qatar Islamic Bank, submitted his final offer for the club on Friday, Sky News understands, with the figure offered thought to be
Hollywood has been a union town for close to 100 years. In that time, there have been a little over a dozen major labor strikes, the last being the 2007-2008 Writers Guild of America work stoppage, which lasted 14 weeks and had a profound impact on the industry. The current looming strike by the WGA
For some time now, the City has been doing some soul-searching over its future. There was a lot of speculation around the time of Brexit that, deprived of the “passport” that enabled UK-based firms to do business in the EU without having permission from each individual country regulator, there would be heavy job losses in
Endeavor Group Holdings CEO Ari Emanuel, whose bonus-laden $308 million pay package turned heads in 2021, made $19.1 million in 2022, according to the company’s latest proxy filing. The exec took home $4 million in salary, $8.2 million in the form of a bonus and $6 million in non-equity incentive compensation, the filing said. Emanuel’s
The number of people taking “breathing space” from their debt problems has soared by more than a third year-on-year, official data shows. There were 23,179 registrations for the relief in the first three months of 2023, up 34% from the same period in 2022, according to Insolvency Service figures. Of this total, 22,770 were standard
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