FT Opening Quote – Let the star content wars begin

Thursday December 14 will go down in history as the day that the Walt Disney Company wrote a new chapter in the history of a once feared empire, and settled the destiny of one who was taught to wield mysterious power by a wise and wizened old master. But enough of Star Wars, Luke Skywalker and his mentor Yoda, writes Matthew Vincent. In other news, Disney is buying the entertainment assets of the 21st Century Fox empire, and deciding the destiny of James Murdoch, who had run the business for his father: the legendary media mogul Rupert. Continue reading: FT Opening Quote – Let the star content wars begin

FT Opening Quote – Dixons Carphone profits fall 60%

Customers are used to be being put on hold by retailers. Retailers are less used to being put on hold by customers, writes Matthew Vincent. But that is exactly what has happened to Dixons Carphonethis year: customers decided to put their mobile phone upgrades on hold, refusing to choose expensive new models, and forced the electricals retailer to ring up a profit warning. Continue reading: FT Opening Quote – Dixons Carphone profits fall 60%

FT Opening Quote – Unibail-Rodamco’s $25bn Westfield shopping spree

Did you think Local Shopping REIT selling 142 retail properties for £19.3m was dealmaking? No, that’s not property dealmaking. Did you think UK shopping centre owner Hammerson offering £3.2bn for rival Intu was proper dealmaking? No, it’s really not. Unibail-Rodamco, the largest commercial property company in Europe, buying Westfield Corporation for $24.7bn. Now that is property dealmaking, writes Matthew Vincent. Continue reading: FT Opening Quote – Unibail-Rodamco’s $25bn Westfield shopping spree

FT Opening Quote – BAE gets £5bn Qatar order boost

Theresa May is not the only one to secure a political deal in the nick of time, and breathe a sigh of relief, writes Matthew Vincent. Charles Woodburn, chief executive of BAE Systems has managed no less a negotiating feat, but in the Middle East rather than Europe: finalising a £5bn order from Qatar for 24 Typhoon fighter jets – a deal that will safeguard British jobs and ensure UK production of the aircraft into the mid-2020s. Continue reading: FT Opening Quote – BAE gets £5bn Qatar order boost