Manchester City star Rodri has opened up on his plans for when he hangs up his boots.
22.01.2024 - 11:33 / deadline.com
Viaplay‘s Central and Eastern European production division Paprika Studios has exited the Scandinavian media group.
A management buyout led by Paprika CEO Ákos Erdős will return the Budapest-based producer to its indie roots, and marks the latest chapter in Viaplay’s strategy to recover from a financially devastating 2023.
Selling Paprika was among the plans floated last week as part of a recapitalization program at Viaplay, which is targeting double-digit profit margins in five years’ time. Terms of the agreement were not revealed.
Paprika has been part of Viaplay since 2012, initially joining what was then known as Modern Times Group. After Viaplay decided to focus on its Nordic and Netherlands operations and a content strategy based on premium sports, acquired films and series and local non-scripted productions, Viaplay offered Paprika management the chance to buy back the business. An offer was received on January 10 and the transaction closed on Friday (January 19).
The recapitalization plan, agreed at an Extraordinary General Meeting, effectively rescued the company from collapse, with existing shareholders having their shared diluted. Canal+ and investment firm PFF have both taken 29% stakes in the company, which hit financial problems in 2023 and was forced to last off around a third of staff. After replacing CEO Anders Jensen with former MTG boss Jørgen Madsen Lindemann, it also pulled out of the UK, U.S. and Baltic region and effectively stopped all spending on scritped originals, which had been a pillar of its strategy to launch a Scandi-owned global streaming service.
We are pleased to close this transaction, which is in line with Viaplay Group’s business strategy,” Enrique Patrickson, Viaplay Group EVP,
Manchester City star Rodri has opened up on his plans for when he hangs up his boots.
Damo Suzuki, who fronted the pioneering krautrock group Can at its peak, has died at age 74. His death was confirmed on Saturday afternoon via Can’s Instagram channel. No cause was given.
Ever since former Love Island stars Molly-Mae Hague and Tommy Fury got engaged in July 2023, fans have been eagerly awaiting wedding bells ever since. Now, following a wedding update from the 24 year old YouTube star where she said "discussions" were underway, 24 year old Tommy posted about a recent trip to a beautiful church.The boxer took to Instagram today (February 10) to show the interior of the church in what appeared to tease more about their upcoming nuptials.Tommy's next picture included Molly and their one-year old daughter Bambi tucking into breakfast, sparking fans to believe that they also attended the church.
A former Scottish Labour leader has slammed Keir Starmer for ditching his £28 billion a year green spending plans.
The curse of Grand Designs' 'saddest ever home' may finally be coming to an end after the stunning cliffside property was listed for sale this week through debt collectors.
American Fiction, a new film based upon the book ‘Erasure’ by Percival Everett. Jeffrey Wright, Tracee Ellis Ross, John Ortiz, Erika Alexander, Leslie Uggams, Adam Brody, Keith David, Issa Rae and Sterling K.
Prince Harry is reportedly eager to reconnect with the Royal Family after a string of serious health emergencies, according to an insider.
Ozzy Osbourne is planning “two more shows to say goodbye” before he fully retires from performing live.That’s according to the former Black Sabbath frontman’s wife and manager Sharon, who spoke about Ozzy’s future during her Cut The Crap show at London’s Fortune Theatre on Sunday (January 21).“He won’t tour again but we are planning on doing two more shows to say goodbye as he feels like, ‘I have never said goodbye to my fans and I want to say goodbye’,” she told journalist Jane Moore (via Music News).Sharon continued: “His voice is still absolutely perfect. And all the time he has been off he still does his singing lessons.
EXCLUSIVE: There’s a famous line from the Spanish poet Antonio Machado that is familiar to most Spaniards: “Caminante, no hay camino. Se hace camino al andar,” which translates as “Traveler, there is no path. The path is made by walking.”
Spotify have hit out at Apple‘s new plan for higher transaction fees, calling them “outrageous”.Under the new plans, Apple will charge up to 27 per cent commission on app developers selling products away from the Apple Store.In response, Spotify have accused the company of “stopping at nothing” to protect profits, and urged the UK government to prevent a similar situation in the UK.The fees were introduced after a legal battle with Epic Games, the developer of Fortnite. It allows people to subscribe to services while bypassing Apple’s system, but charges them up to a 27 per cent commission.
The Uk Government has announced further details on its plans to ensure parents and carers are able to claim National Insurance (NI) credits for years where they have not claimed Child Benefit. This will help more people to fill gaps in their National Insurance record to claim more State Pension in retirement.
Robert Plant‘s Saving Grace featuring Suzi Dian have announced a UK headline tour for this year – find all the details below.The former Led Zeppelin frontman and soloist formed the band back in 2019. Its line-up is completed by Oli Jefferson (percussion), Tony Kelsey (mandolin, baritone, acoustic guitar) and Matt Worley (banjo, acoustic, baritone guitars, cuatro).On March 13, Saving Grace will kick off a run of UK shows with a performance at Bristol Beacon.
A Covid bereaved group has called on the Scottish and UK governments to tell the “truth” about the early days of the Covid lockdown in Scotland, ahead of the UK Covid Inquiry resuming north of the border. The UK Covid-19 Inquiry resumes on Tuesday with hearings in Edinburgh over the next three weeks.
Christine McGuinness has been left distraught after learning of her ex husband's plans to make a mockumentary surrounding their painful divorce, reports say. For those unaware, Christine and her former TV presenter partner Paddy McGuinness split in July 2022, 11 years after tying the knot.The 35 year old model - who discovered she was autistic in 2021 - revealed last year that she had stayed in the marriage for longer than she should have. During an appearance on Loose Women at the time, she explained: "I know that I've stayed in a place where I was probably unhappy because it was safe and I don't like change.
Albert Einstein had his theory of relativity, and Breaking Baz has his theory of party lift-off.
EXCLUSIVE: The BBC‘s protracted stand-off with five seasoned female news channel presenters has taken another twist after the women were asked to reapply for their jobs for a second time.
Canal+ has officially upped its stake in Viaplay to 29% after the rubberstamping of the against-the-ropes Scandi outfit’s recapitalization program.
Max Unveils Unscripted originals In Spain
A producer wryly tells us that they arrived to Channel 4 HQ in late 2023 to discover a boarded-up front, feeling their way around to a narrow door on the side of the building “where there stands a huge f***ing bouncer.”
Kate Garraway is in a "bubble of her own numbness of grief" after the death of her husband, Derek Draper. The Good Morning Britain star announced Derek's death on Friday, 5 January, revealing that she and their children, daughter Darcey, 17, and son William, 14, were there with him in his final moments. Before his passing, Derek, 56, was critically ill after suffering a heart attack over the festive period, brought on after he suffered with severe complications from Covid-19 for the past four years.