Media

In a significant turn of events, billionaire media investor Edgar Bronfman Jr. has raised up to $5.5 billion to enhance his last-minute offer for Paramount Global, potentially complicating the company's existing agreement with Skydance…

Former Prime Minister Boris Johnson has recently engaged in discussions with ex-Chancellor Nadhim Zahawi regarding a possible position at The Telegraph, as part of Zahawi's takeover bid for the newspaper. Sources close to Johnson have…

Paramount Global, the entertainment behemoth behind Paramount Pictures, CBS, Nickelodeon, and the UK's Channel 5, has announced a significant workforce reduction of approximately 2,000 employees in the United States. The move comes as…

Former chancellor Nadhim Zawawi approached a number billionaires about funding a possible £600m bid to buy the Telegraph and Spectator magazines. Zahawi decided to not run again for his Stratford-on-Avon constituency at the general…

TalkTalk has been scrambling in order to secure a £200m loan from Sir Charles Dunstone, as it tries to avoid collapse. Directors of TalkTalk warned in its latest annual report that there was a danger the company could collapse "in August…

Private equity group , behind the Six Nations Rugby tournament as well as English Premiership Rugby, is considering making a bid to buy the Telegraph. The deadline for the auction for the newspaper group's first round approaches this week.…

Boeing was sanctioned for "blatantly violating" regulations when it revealed private information to media and speculated about the cause of the cabin-panel blowout that occurred on a brand new airplane operated by Alaska Airlines in…

YouTube is in discussions with record labels about licensing their songs to artificial intelligence tools which clone the music of popular artists. The company hopes to gain industry acceptance by offering upfront payments. Three people…

RedBird IMI officially started the process of selling the UK's Telegraph and Spectator magazines in an effort to recoup £600mn that was spent last year on its attempts to take control media assets. According to sources familiar with the…

As the US prepares for a ban on the popular video app TikTok, agencies representing the biggest advertisers of the app are preparing contingency plans. This includes seeking break clauses within their marketing contracts. ByteDance…

Shari Redstone ended negotiations with Skydance Media on a deal which would have transferred control of the entertainment empire Paramount to billionaire David Ellison. The decision ends months of talks between Paramount and Ellison's…

David Ellison's Skydance is awaiting final approval for the takeover of TV & film studio The US-owned Channel 5 has signed a merger agreement worth $8bn (£6.3bn), with the production company of a tech billionaire heir, bringing an…

Kubos is a semiconductor company that recently raised 2m (£1.6m), to accelerate its MicroLED development. The investors were surprised. S4C, a Welsh-language TV broadcaster, took an equity stake alongside Development Bank of Wales (the…

Lawyers warn that businesses could be hurt by competition laws becoming a new source of income Justin Le Patourel, just moments before the UK's very first class-action lawsuit was to start, made a final plea to BT. Former Ofcom…

Trump Media and Technology Group (the owner of Donald Trump’s social networking website Truth Social) lost more than 300m dollars last quarter, according its first earnings report since becoming a publicly listed company. The company…

BT's first female boss, who pledged to reduce costs by £3bn and heavy investments in broadband upgrades, led the company to its best day since the dotcom bubble. Allison Kirkby who became the new chief executive officer of the former…

Apple has been warned by British newspaper groups that imposing a "web eraser", a tool used to block ads, would threaten the financial viability of journalism. Apple will include a privacy feature based on AI in its Safari browser with…

The United Arab Emirates-backed group that proposed a £600m acquisition of the Telegraph Group is walking away, after it claimed new legislation made the acquisition "no more feasible", which triggered a new auction of the paper group.…