Paramount Pictures CEO Jim Gianopulos gets it; just like Disney CEO Bob Chapek gets it: You can’t have a successful streaming service without big theatrical event films. The two go hand-in-hand, so don’t try and muddy the waters. Big screen drives big franchises, which in turn drives streaming features and spinoff series. Exclaimed Gianopulos at
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President Joe Biden signed an executive order Wednesday meant to address a global chip shortage impacting industries ranging from medical supplies to electric vehicles. The order includes a 100-day review of key products including semiconductors and advanced batteries used in electric vehicles, followed by a broader, long-term review of six sectors of the economy. The
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Bank of England governor Andrew Bailey has warned Brussels against creating a “serious escalation” by forcing firms to relocate euro clearing business away from the UK. Mr Bailey told MPs Britain should “resist very firmly” any attempt by the EU to try to dismantle by “dubious” means the dominance of London in clearing euro-denominated derivatives
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