Liverpool win New Balance court battle allowing Nike to become kit supplier October 25, 2019 Liverpool have won their court battle with New Balance which will now allow Nike to become the club’s kit supplier from next season. New Balance took Liverpool to High Court for allegedly refusing to honour the terms of their current deal by allowing Nike to become the club’s new kit sponsor despite a stipulation in [...]
Hipgnosis snaps up rights to music catalogue of Eurythmics co-founder Dave Stewart May 10, 2019 Music royalties investment firm Hipgnosis has bought the rights to more than 1,000 songs written by Eurythmics co-founder Dave Stewart. Read more: One Media IP shares jump as streaming boosts profits The songwriter and record producer is best known as one half of pop group Eurythmics, which he formed in 1980 with eight-time Brit Award [...]
Data is our NHS’ most precious asset – the next Prime Minister must protect it July 23, 2019 Britain is about to have a new government. And in a few months’ time, there could be a General Election resulting in the third government of 2019. On top of this, Brexit has still not been resolved. But in the fog of these political crises, we must not lose sight of innovations which, if adopted [...]
Warner Music buys record label behind Les Miserables and Mary Poppins July 15, 2019 Warner Music Group has acquired First Night Records, an independent label specialising in recordings of West End and Broadway hits including Les Miserables and Mary Poppins. Warner, whose roster of artists includes Ed Sheeran and Cardi B, has snapped up the London-based firm for an undisclosed sum as it looks to build its presence in [...]
Games Workshop shares jump as Warhammer creator predicts rising profits April 12, 2019 Games Workshop’s shares climbed steeply today following a forecast of rising profits after a strong start to the year. Read more: Games Workshop enjoys record year as business remains 'in great shape' In a trading statement the games and figurine company said it expected profit before tax for the year ending 2 June to be [...]
Music streaming firm Roxi plans London float as it looks to take on Spotify July 15, 2019 British music streaming firm Roxi Music has appointed advisers for an initial public offering (IPO) on the London Stock Exchange later this year. Roxi, which boasts a string of celebrity backers including Alesha Dixon, Sheryl Crow and Robbie Williams, said it will float on the Aim market in the fourth quarter 2019. Read more: Music [...]
Sandfire takes MOD Resources private in £91m deal June 25, 2019 An Australian miner will pay AU$167m (£91m) for London-listed MOD Resources, it said today, in a deal back by at least one major shareholder. Sydney-listed Sandfire said the deal gives it a chance to take on the “under-explored” Kalahari copper belt in Botswana. Read more: Shareholder Barrick ‘undermined’ our efforts to negotiate $190bn tax bill, [...]
Spotify fails to hit the right note as subscriber numbers miss expectations July 31, 2019 Spotify’s subscriber growth hit the lower end of its guidance in the second quarter, sending shares down in pre-market trading. The music streaming platform said it now has 108m premium subscribers, up 30 per cent on the year before. Read more: Music streaming firm Roxi plans London float as it looks to take on Spotify [...]
Vectura shares get a shot in the arm after drug maker wins GSK patent infringement case May 7, 2019 British pharma group Vectura shares rose 11 per cent today after it won a patent infringement litigation case against Glaxosmithkline in the US on Saturday. The drug maker has been awarded $89.7m (£68.8m) in damages after a jury trial in Delaware, US, found one of its patents was infringed by three GSK products between August [...]
Vectura shares get a shot in the arm after drug maker wins GSK patent infringement case May 7, 2019 British pharma group Vectura shares rose 11 per cent today after it won a patent infringement litigation case against Glaxosmithkline in the US on Saturday. The drug maker has been awarded $89.7m (£68.8m) in damages after a jury trial in Delaware, US, found one of its patents was infringed by three GSK products between August [...]