Disney streaming gains momentum as Hollywood pressure builds February 2, 2026 Disney beat Wall Street expectations in its latest quarter, buoyed by an unexpected improvement in its streaming business, despite rising costs hitting the entertainment industry. The media giant reported adjusted earnings per share of $1.63 for its first fiscal quarter, ahead of estimates of around $1.56. Revenue rose five per cent year on year to [...]
LSEG axes Financial Times subscriptions amid FTSE coverage retreat January 29, 2026 The operator of the London Stock Exchange has cancelled hundreds of corporate subscriptions to the Financial Times, CityAM understands, in a move that could end a decades-long relationship between the two City institutions. LSEG is understood to have taken the decision in response to the paper’s gradual retreat from coverage of the London markets, [...]
Podcast group Goalhanger nets US investor backing January 28, 2026 US-based investment firm The Chernin Group (TCG) has taken a minority stake in Gary Lineker’s Goalhanger Podcasts, becoming the first outside investor in the podcasting giant. The investment will support Goalhanger’s “next phase of growth”, which includes accelerating its expansion into the US and developing new IP from its hit shows. The transaction was completed [...]
Amol Rajan to step down from BBC Radio 4’s Today programme January 15, 2026 Amol Rajan is to step down from BBC Radio 4’s Today programme later this year, ending a four-year stint as one of the flagship show’s presenters, according to the BBC. Rajan will remain with the company and continue to present University Challenge as well as the Radio 4 podcast ‘Radical with Amol Rajan’. An announcement [...]
LBC owner loses £140m despite revenue marching towards £1bn January 5, 2026 Global, the media giant behind the likes of radio stations LBC, Capital and Heart, lost £140m during its latest financial year despite its revenue continuing its march towards £1bn. The London-headquartered business, which also includes Smooth, Radio X and Classic FM, has reported its latest pre-tax loss after also losing £120.3m in the prior 12 [...]
Ticket touts exploit Coldplay, Oasis, Billie Eilish demand December 28, 2025 Coldplay, Oasis and Billie Eilish were the most touted artists of 2025, with fans paying up to £800 per ticket on resale sites, according to new research from O2. The telecoms giant, which sold 1.7 million live event tickets via its ‘Priority’ platform last year, warned that the booming secondary market is leaving millions of [...]
CityAM The Magazine nominated for top awards December 19, 2025 CityAM’s quarterly magazine has been nominated for Best Supplement in the Regional Press Awards, with editor Steve Dinneen also nominated in the Features Writer of the Year category. The Magazine, which recently released its Winter issue featuring actor Russell Tovey on the cover, has been serving the people of the Square Mile and beyond [...]
Warner Bros to snub Paramount’s takeover in favour of Netflix December 17, 2025 Warner Bros Discovery (WBD) is preparing to urge shareholders to reject a $108bn (£81bn) hostile takeover bid from Paramount, after one of its key financial backers pulled out of the deal. Affinity Partners, the investment firm owned by Jared Kushner, said it would no longer support Paramount’s offer, citing a shift in circumstances. “The dynamics [...]
BBC charter review opens with trust broken and money running out December 16, 2025 The government has fired the starting gun on a charter review that will determine how the BBC is governed, funded, and held to account. Culture secretary Lisa Nandy on Tuesday launched the formal review of the BBC’s Royal Charter, setting out a broad consultation on trust and long-term funding as audience behaviour continues to shift [...]
Is Netflix headed for the ‘Adobe effect’? December 11, 2025 Netflix, now the world’s most valuable streaming company, insists it is still in expansion mode. However, its $72bn bid for Warner Bros Discovery last Friday, and the rival, hostile counter-move from Paramount Skydance on Monday, have triggered an uncomfortable question in Hollywood and on Wall Street. Is Netflix wandering into the same trap that humiliated [...]