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Netflix updates Warner Bros bid to all-cash offer
Posted onNetflix has updated its offer for Warner Bros Discovery’s streaming and film business and will pay completely in cash – as it looks to fend off rival Paramount Skydance in pursuit of the Hollywood studio. The move amends the streaming giant’s original offer, which would have funded the transaction using a mix of cash and…
What the Warner Bros deal could mean for streaming, cinemas and news
Posted onRodney Benson, a media professor at New York University, called the deal “concerning”, would leave America’s largest media companies further concentrated in the hands of conservatives. Many of those owners, including the Ellison family, have separate, non news-related business interests that depend on government contracts or regulation and are therefore particularly vulnerable to pressure, he…
Brixton Soup Kitchen prepares for busy Christmas
Posted onHelen DrewPolitics London BBC Solomon Smith founded the charity after witnessing poverty among his peers As Christmas approaches, Brixton Soup Kitchen is busier than ever. Set up more than a decade ago to feed homeless people, the charity now serves anyone who cannot afford to eat. Solomon Smith said he founded the charity with money…
Spat deepens between Elon Musk and Ryanairs OLeary
Posted onElon Musk has suggested he could buy Ryanair and called for its chief executive to be fired amid a deepening spat between the pair. The budget airline on Tuesday branded the Tesla chief executive an “idiot”, and used the extraordinary row to promote its January sale. Musk and Ryanair boss Michael O’Leary have been trading…
