Bloomberg | OzSeeker

Wages Are Rising Fast Across England, Finally Catching Up to Inflation

12th May 202310th May 2023 Bloomberg

Data through April shows rapid salary gains as the Bank of England prepares to announce another interest rate hike Changing jobs has paid off for millions of middle-income Britons over the past year, according to data analyzed by Bloomberg. Wages soared 10% in the past year for those taking new positions in England, data posted on Reed Recruitment’s platform showed. That’s well above the raises recorded in official data across all jobs in the economy. The figures point to a labor market that remains red-hot, throwing doubt on Prime Minister Rishi Sunak’s…

Super Mario Bros. Producer Breaks Down the Biggest Movie of the Year

19th April 202318th April 2023 Bloomberg

Chris Meledandri has produced some of the most popular animated franchises of the last 25 years. Now he has the biggest hit of his career. I traveled to Seoul late last year to better understand how South Korea has become one of the entertainment capitals of the world. While people are familiar with Korean pop because of BTS and Korean TV thanks to Squid Game, the country’s cultural impact is far greater than a boy band or a hit show. By some measures, South Korea is now the single largest producer…

Saudi Arabia Wants to Be A Movie Capital. Will Hollywood Go Along?

2nd March 202325th February 2023 Bloomberg

Oil-rich Middle Eastern countries are looking to invest billions of dollars into media and entertainment. When I asked executives to make predictions for 2023, one wise person wrote this: Saudi Arabia becomes much more broadly accepted as a source of funds in Hollywood and will make a splash with high-profile investing. Since reading this, I’ve started to see and hear about Saudi money from sources every week. And it isn’t just Saudi money. It’s Qatari money and Emirati money. So this week, we’re going to explain why the Middle East is starting to spend so much…