‘A huge premium’: Here’s how analysts are reacting to Coca-Cola’s deal to buy Costa Coffee

Coca-Cola is expanding to coffee.Scott Olson/Getty Images Coca-Cola on Friday announced a surprise move to buy Costa Coffee, one of Europe’s largest café chains, from the British company Whitbread for £3.9 billion, or $5.1 billion. Whitbread has been clear for a while that it wanted to off-load Costa, and it initially planned to spin off […]

Continue reading


TWICE’s Label JYP Entertainment Rises To No. 1 Market Capitalization Among K-Pop Agencies

K-pop girl group TWICE perform at the Los Angeles Staples Center on Aug. 11, 2018.CJ ENM Earlier this year, Korean entertainment label JYP Entertainment became the second highest-valued company among the industry’s “Big 3,” and now this week the label’s market capitalization surpassed that of the former top K-pop agency SM Entertainment. On Thursday (Aug. 30), JYP’s […]

Continue reading


Brit Comedy ‘Fisherman’s Friends’ Nets UK Deal With Entertainment Film Distributors, First Look Image

EXCLUSIVE: Brit comedy Fisherman’s Friends, from the writing and producing team behind UK box office hit Finding Your Feet, has netted a UK deal with Entertainment Film Distributors. The film, currently in post-production, has an ensemble cast featuring Daniel Mays (Atonement), Tuppence Middleton (The Imitation Game), James Purefoy (Solomon Kane), David Hayman (Finding Your Feet), Dave Johns […]

Continue reading