Delighted to see our client Banijay, the world’s largest independent production company, going from strength to strength, as they post revenues in excess of $3bn. We have acted for Banijay on a number of recent acquisitions, including both the flagship ventures (Kindle Entertainment and Mam Tor) highlighted in Deadline’s article. 2022 and Q1 of 2023 saw considerable M&A activity in the media sector, a trend I expect (and hope!) will continue throughout 2023.
Banijay Earnings: Revenue Rockets Past $3B After Major Spending Spree (deadline.com)
The Media Bill is currently at Committee stage in the UK House of Lords and is expected to become law this summer. In only a year from now a number of Video On Demand (VOD) services seen by viewers in Britain will find themselves designated by the UK government as Tier 1 services.
Read moreOn 21 October 2022, the government announced that it was backing the Protection from Redundancy (Pregnancy and Family Leave) Bill.
Read moreBy now, everyone is likely to have heard of ChatGPT: the generative AI module which has taken the world by storm, with its ability to review and analyse a vast amount of content to produce a coherent stream of consciousness that is not too dissimilar from a human’s.
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