The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Games Workshop, Hollywood Bowl Group, Keywords Studios, The Multiplayer, Amigo Holdings and CRH. Read the Monday 18 December Business Live blog below.
Cost-of-living squeeze hits top unicorn firms with £8bn slump
The world’s biggest unicorn companies have suffered an £8billion slump in value this year, with retailers seeing the biggest drops as households struggled with the cost-of-living crisis.
Research showed the total value of the top 100 unicorn firms – which are private companies with a valuation of at least $1billion (£800m) – dropped 1 per cent in the 12 months to September 2023. There was a 30 per cent boost in value in the previous year.
Games Workshop agrees Amazon deal
Games Workshop will work with Amazon to evolve films and TV series set within the UK’s firm’s Warhammer 40,000 universe, as part of a 12-month deal agreed with the tech giant.
The agreement also includes an option for Amazon to license equivalent rights in the Warhammer Fantasy universe following the release of the initial Warhammer 40,000 production.
‘The agreement will only proceed once the creative guidelines are mutually agreed between Games Workshop and Amazon.’ the group said.
Share or comment on this article:
BUSINESS LIVE: Games Workshop agrees Amazon deal; Hollywood Bowl sees record sales; Keywords Studios buys The Multiplayer
Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to advocate products. We do not allow any commercial relationship to affect our editorial independence.
