Share Prices & Company Research

Market News

21 Dec 2023 | 07:26

Thursday newspaper round-up: Greensill, BT, Dazn

(Sharecast News) - The Premier League's pledge to scrap betting adverts on football shirts will not protect children from a "bombardment" of gambling advertising, according to a report by MPs that also raises concerns about the pace of reform to the industry. MPs on the select committee for culture, media and sport criticised the government for failing to take a more "precautionary approach" to gambling promotion, setting out their concerns in a 76-page report published on Thursday. - Guardian The Labour party has called on David Cameron to release all details of his involvement in the Greensill lobbying scandal. Sir Laurie Magnus, Rishi Sunak's adviser on ministerial interests, has also been asked to explain whether investigations into the foreign secretary's former employer will be formally declared. - Guardian

Warner Bros and Paramount have opened discussions about a $38bn (£30bn) merger that would bring together two of Hollywood's "Big Five" studios. David Zaslaw, the chief executive of Warner Bros Discovery, met Bob Bakish, the boss of Paramount Global, in New York this week to discuss a possible combination of the two companies, online news website Axios reported. - Telegraph

BT is scrambling to rip Huawei equipment out of its network before the end of the year to avoid hefty fines. The telecoms giant still has not removed all kit made by the controversial Chinese company from its "core" network, with just 11 days left before a government-imposed deadline of December 31. - Telegraph

Heavy losses at Dazn have almost halved as the sports streaming provider battles to tip the balance between the enormous costs of sports rights and selling enough subscriptions. In latest results published at Companies House, Dazn reported a total loss of $1.26 billion for the year to the end of December 2022, sharply reduced from the $2.18 billion loss it made in 2021. - The Times









Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new portfolio or transferring your portfolio from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.