French film-makers get their claws on £35m of UK taxpayers’ cash to make Paddington movies Culture French film production company StudioCanal benefited from £35.8m of UK taxpayers’ cash to make a television series and three movies about British icon Paddington bear, with £13.4m alone handed out for the latest film which premiered on Friday. StudioCanal’s owner, French media giant Vivendi, posted a net profit of £336.6m (€405m) last year on revenues [...]
Disney’s Magical Cruise Company sails ahead as Disneyland parks struggle retail According to recently filed accounts, Disney’s cruise line sailed past the £1.6bn ($2bn) revenue mark in 2023 for the first time in its 25-year history, thanks to a surge in demand as it emerged from the pandemic. Disney’s filings in the United States don’t disclose the results of all of the businesses it owns and [...]