sale

Warner Bros. Discovery reported a $148 million loss in the third quarter, hitting a sour note as the company began fielding interest from would-be buyers as Hollywood braces for a transforming deal.

Earnings for the entertainment company that includes HBO, CNN and the Warner Bros. film and TV studios fell short of analyst expectations. A year ago, the company reported profit of $135 million for the third quarter.

Revenue of $9.05 billion declined 6% from the year-ago period. The company swung to a loss of 6 cents a share, compared to last year’s earnings of 5 cents a share.

Still, Chief Executive David Zaslav spent much of Thursday’s call with analysts touting his company’s underlying strengths — while avoided giving details about the company’s sale.

“It’s fair to say that we have an active process underway,” Zaslav said.

Warner Bros. Discovery on Thursday reiterated it is forging ahead with previously announced plans to split into two separate entities by next spring. However, the Warner board acknowledged last month that it was also entertaining offers for the entire company — or its parts — after David Ellison’s Paramount expressed its interest with formal bids.

Paramount has made three offers, including a $58 billion in cash and stock for all of Warner Bros. Discovery. That bid would pay Warner stockholders $23.50 a share.

The Ellison family appears determined to win one of Hollywood’s most storied entertainment companies to pair with Paramount, which the Ellisons and RedBird Capital Partners acquired in August.

But Warner Bros. Discovery’s board, including Zaslav, voted unanimously to reject Paramount’s offers and instead opened the auction to other bidders, which is expected to lead to the firm changing hands for the third time in a decade.

Board members are betting the company, which has shown flickers of a turnaround, is worth more than the offers on the table. Despite its rocky third-quarter results, Warner’s stock held its ground in early morning trading at around $22.60 a share.

“Overall we are very bullish,” Zaslav said of the company’s business prospects.

“When you look at our films like ‘Superman,’ ‘Weapons’ and ‘One Battle After Another,’ the global reach of HBO Max and the diversity of our network’s offerings, we’ve managed to bring the best, most treasured traditions of Warner Bros. forward into a new era of entertainment and [a] new media landscape,” he said.

But the company’s results underscored its business challenges.

The studio witnessed a major decline in advertising revenue in the third quarter, reporting $1.41 billion, down 16% from the previous year, which executives attributed to declines in the audience for its domestic linear channels, including CNN, TNT and TLC.

Distribution revenue also took a hit, as the company reported sales of $4.7 billion, a decrease of 4% compared to last year.

Studio revenue increased 24% to $3.3 billion, powered by the success of DC Studios’ “Superman,” horror flick “Weapons” and the latest installment of “The Conjuring.” But even those box office wins couldn’t totally offset shortfalls in other areas of its content business.

Last year, the company was able to sub-license its rights to broadcast the Olympics in Europe, which pushed content revenue to $2.72 billion. But this year, revenue was down 3% to $2.65 billion.

Burbank-based Warner Bros. has had a string of success in theaters, with nine films opening at the top spot globally at the box office. The studio recently surpassed $4 billion in worldwide box office revenue, making it the first studio to do so this year. Warner Bros. last achieved that milestone in 2019.

Zaslav would like to continue with Warner’s break-up plans, which were announced last June.

The move would allow him to stay on to manage a smaller Hollywood-focused entity made up of the Warner Bros. studios, HBO, streaming service HBO Max and the company’s vast library, which includes Harry Potter movies and award-winning television shows such as “The Pitt.”

The company’s large portfolio of cable channels, including HGTV, Food Network and Cartoon Network, would become Discovery Global and operate independently.

Beyond Paramount, Philadelphia-based Comcast, Netflix and Amazon have expressed interest in considering buying parts of the company.

The company said its third quarter loss of $148 million was the result of a $1.3 billion expense, including restructuring costs.

Nov. 3 (UPI) — The French government threatened to ban Chinese retailer Shein for selling a “childlike” sex doll online.

France’s consumer fraud agency got an anonymous tip about the dolls on the site. It said their “description and categorization on the site leave little doubt as to the child pornography nature of the content,” said a press release issued Saturday by the French Directorate General for Competition Policy, Consumer Affairs and Fraud Control.

One of the ads on Shein, first reported by Le Parisien newspaper, showed a life-size doll of a little girl wearing a white dress and holding a teddy bear. The description clearly states its intended use.

“This has crossed a line,” said France’s economy minister, Roland Lescure, said in an interview with French radio, adding that a formal investigation was underway, The New York Times reported. “These horrible objects are illegal.”

The company issued a statement saying it removed the items.

“We take this situation extremely seriously,” Quentin Ruffat, a spokesperson for Shein France, told BFMTV, a French TV channel. “This type of content is completely unacceptable and goes against all the values ​​we stand for. We are taking immediate corrective action and strengthening our internal mechanisms to prevent such a situation from happening again.”

Shein will soon open a store at BHV Marais, a department store in Paris. But in the wake of the doll discovery, employees have protested the move, and some French cosmetics and clothing brands have pulled their items from BHV Marais.

Société des Grands Magasins is the French company that is helping Shein move into the French market. It’s the parent company of BHV Marais. SGM President Frédéric Merlin said in an Instagram post that SGM “obviously condemns the recent events related to the doll controversy. Like everyone else, I expect clear answers from SHEIN.” But he said it hasn’t changed his plans. “I have decided not to reverse my decision, despite the controversy and the pressure because we’re doing things by the book, with ethics and transparency.”

The consumer fraud agency noted that the distribution, via an electronic communications network, of representations of a pedopornographic nature is punishable by sentences of up to seven years imprisonment and a fine of $115,000. The statement alleges that Shein doesn’t effectively filter out pornographic content to protect minors or vulnerable audiences.

For this, the law allows penalties of up to three years in prison and $86,000.

The NBA board of governors unanimously approved Mark Walter’s bid to buy a majority stake in the Lakers on Thursday, the league announced, marking a major shift for one of L.A.’s most significant sports teams.

The Lakers had been a family-run team since Dr. Jerry Buss bought the franchise in 1979. When he died in 2013, control went into a family trust with daughter Jeanie Buss acting as the team’s governor. The Buss family built the team into one of the most recognizable brands in sports, eventually attracting a record-breaking $10-billion valuation. While the sale was finalized, Jeanie Buss will be the team’s governor for at least five years after the transaction officially closes, the league announcement stated.

“The Los Angeles Lakers are one of the most iconic franchises in all of sports, defined by a history of excellence and the relentless pursuit of greatness,” Walter said in a statement released by the team. “Few teams carry the legacy and global influence of the Lakers, and it’s a privilege to work alongside Jeanie Buss as we maintain that excellence and set the standard for success in this new era, both on and off the court.”

Walter, who also heads the group that owns the Dodgers and the Sparks, was seated next to Buss at the Lakers’ season opener on Oct. 21. Walter and Todd Boehly have been minority stakeholders in the Lakers since 2021 when they bought 27% of the franchise.

To represent the team as a governor, a minority owner must have at least 15% stake of their team. Buss will continue to oversee day-to-day team operations for the foreseeable future, the Lakers announced.

“Over the past decade, I have come to know Mark well — first as a businessman, then as a friend and now as a colleague,” Buss said in a statement. “He has demonstrated time and time again his commitment to bringing championships to Los Angeles, and, on behalf of Lakers fans everywhere, I am beyond excited about what our future has in store.”

During a recent Lakers game, when the camera panned to Buss and Walter sitting courtside, Buss held one finger up to show off a gaudy Lakers championship ring. In 2020, she became the first female controlling owner to win an NBA championship as the Lakers collected their 17th title.

With 11 championships under the Buss family’s watch, the Lakers became a global sports phenomenon with stars including Kareem Abdul-Jabbar, Magic Johnson, Shaquille O’Neal and Kobe Bryant plus the latest wave of LeBron James and Luka Doncic. When Doncic signed a three-year, $165-million contract extension in August, the 26-year-old superstar thanked both Walter and Buss for their belief in his talent.

Paramount Chairman David Ellison’s latest offer to buy Warner Bros. Discovery contained a twist:

Should Paramount, backed by tech billionaire Larry Ellison, pull off the purchase, Warner Bros. Discovery Chief Executive David Zaslav could stay on to help lead the combined enterprise.

“They’re sweetening the pot,” Paul Hardart, a professor at New York University’s Stern School of Business, said of the Ellison family. “It just shows all the little arrows in their quiver they’re using to try to push this deal.”

David Ellison’ unexpected olive branch to Zaslav was contained in a letter this month to Warner Bros. Discovery’s board that offered $58 billion in cash and stock for the entire company. The move underscores the family’s determination to win the entertainment company that includes HBO, CNN and Warner Bros. film and television studios — and an obstacle in their path.

After hustling for decades to get to the big stage, Zaslav, 65, isn’t ready to relinquish the reins. He’s eager to prove critics wrong and complete a turnaround after three painful years of setbacks and cost cuts to reduce the company’s mountain of debt.

Warner Bros. Discovery board members, including Zaslav, have unanimously voted to reject Paramount’s three bids, viewing them as too low and not in the best interest of shareholders, according to two people close to the company who were not authorized to comment.

The board supports Zaslav’s desire to forge ahead with a planned split of the company next spring. But it also has opened the auction to other potential suitors, which is expected to lead to the firm changing hands for the third time in a decade.

Representatives of Zaslav, Warner Bros. Discovery and Paramount declined to comment.

David Ellison’s audacious offer is being guaranteed by his father, Larry Ellison, the world’s second richest man with a net worth that exceeds $340 billion. The Ellisons’ proposal includes paying 80% cash to Warner shareholders and the rest in stock, according to two people familiar with the matter who weren’t authorized to comment. The most recent offer was $23.50 a share.

The Ellisons began their campaign last month, just weeks after David Ellison’s Skydance Media, along with RedBird Capital Partners, picked up the keys to Paramount, which includes CBS, MTV, Nickelodeon and the Melrose Avenue film studio, which has been depleted by decades of underinvestment.

Since then, the 42-year-old Ellison has led Paramount on a buying bonanza, paying $7.7 billion for UFC media rights and $1.25 billion over five years to Matt Stone and Trey Parker to continue creating their cartoon “South Park.” It also wooed Matt and Ross Duffer, the duo behind “Stranger Things,” away from Netflix with an exclusive four-year deal. This week, it announced a planned East Coast expansion, signing a 10-year lease for a film and TV production center under construction in New Jersey.

The proposed addition of the more vibrant Warner Bros. would give the Ellisons an unparalleled entertainment portfolio with DC Comics including Superman, “Top Gun,” Scooby-Doo, Harry Potter, “The Matrix” and “The Gilded Age.”

The family would control streaming services HBO Max and Paramount+, nearly three dozen cable channels, including HGTV, Food Network and TBS, and two legacy news operations — CNN and CBS News.

It would also accelerate the trend of uber billionaires, including Amazon’s Jeff Bezos and SpaceX’s Elon Musk, of owning prominent news, entertainment and social media platforms. Larry Ellison also is part of a U.S.-based consortium lined up by President Trump to buy TikTok from its Chinese owners.

“If a trade deal with China is imminent, and TikTok would be aligned, then it would create a new media colossus, the likes of which we haven’t seen,” said veteran executive Jonathan Miller, chief executive of the investment firm Integrated Media Co.

Paramount is in talks to merge with Warner Bros. Discovery.

(Al Seib / Los Angeles Times; Dania Maxwell / Los Angeles Times)

The drama is unfolding as Paramount on Wednesday slashed 1,000 workers in the first round of cuts since Ellison took over. A second wave of layoffs — affecting another 1,000 workers — is expected in the coming weeks, helping fulfill a promise made to Wall Street by Ellison and Redbird to reduce expenses by more than $2 billion.

Combining with Warner Bros. would bring more layoffs, analysts said, and a potential hollowing out of a historic studio.

“Merger after merger in the media industry has harmed workers, diminished competition and free speech, and wasted hundreds of billions of dollars better invested in organic growth,” the Writers Guild of America West, said last week in a statement in opposition to the proposed unification. “Combining Warner Bros. with Paramount or another major studio or streamer would be a disaster for writers, for consumers, and for competition.”

Critics point to a long list of media merger misfires, including the disastrous AOL Time Warner merger a quarter century ago. Some critics contend Walt Disney Co.’s $71-billion purchase of much of Rupert Murdoch’s entertainment holdings didn’t live up to expectations, and AT&T whiffed its $85-billion deal for Time Warner, handing it to Zaslav’s Discovery four years later for $43 billion.

The New York native, a descendant of Jewish immigrants from Poland and Ukraine, had spent 16 years running the Discovery cable channel group, a respectable business, but one that lacked Hollywood flash.

Zaslav grew up on the fringe of New York City, in Ramapo, N.Y., where he’d been a promising tennis player who proudly wore his athletic gear to middle school. Tennis was his identity — until he started getting beat by players he used to whip.

Zaslav’s coach sat him down, bluntly saying he wasn’t putting in the work.

“I vowed that day I would never be outworked again,” Zaslav said during a 2023 commencement address to Boston University graduates. Underlings have long marveled at his indefatigable work ethic.

The speech was meant to be his triumphant return to his alma mater. Zaslav had finally made it to Hollywood, where he was now holding court in an exquisite corner office that had belonged to studio founder Jack Warner.

Zaslav had big plans to turn around Warner Bros. But, in Boston, he suffered a beatdown.

The Writers Guild of America had just gone on strike against his and other Hollywood studios. Protesters heckled Zaslav. Students booed. A plane flew overhead, waving a banner that read: “David Zaslav Pay Your Writers.”

He had assumed control a year earlier, in April 2022, just as Wall Street soured on media companies that were spending wildly to build streaming services to compete with Netflix.

Zaslav inherited a venture bleeding billions of dollars to get into streaming. The merger itself saddled the company with $55 billion of debt. Warner’s stock plummeted.

He and his team spent the first few years slashing divisions, canceling TV programs and contracts, and shelving movies. To further reduce expenses, the company laid off thousands of workers. Hollywood soon viewed Zaslav with derision.

It didn’t help that Zaslav has long been one of the most handsomely compensated executives in America.

There were high-profile stumbles, including jettisoning staff of the tiny Turner Classic Movies channel and an ill-conceived rebrand of its streamer to “Max” before changing the name back to HBO Max.

“The Warner Bros. Discovery merger was a well-intended failure,” Hardart said. “The cable subscriber base shrank at a faster rate than most people had forecast. … Thousands have lost their jobs, the HBO brand has been reimagined and reimagined, films have been mothballed and the future of the Warner Bros. studio is today uncertain.”

Warner Bros. Discovery paid down $20 billion in debt, but $35 billion remains. The debt load has nearly suffocated the company, making it a vulnerable target.

“There was a lot of fixing that David Zaslav and his team had to do,” Bank of America media analyst Jessica Reif Ehrlich said in a recent interview. “It’s been three years of incredibly heavy lifting — but that’s pretty much done now.”

In a note to investors last week, Ehrlich wrote Warner’s strong franchises, including DC Comics, and its voluminous library make it “an extremely attractive potential acquisition target,” one that could fetch $30 a share. Her firm carries a “buy” rating on the stock.

Warner Bros. Discovery Chief Executive David Zaslav and AT&T Chief Executive John Stankey shake hands on May 17, 2021, in New York City.

(Preston Bradford / Discovery)

Last summer, Zaslav announced plans to split the company in two halves.

Zaslav would run Warner Bros., which would consist of the Burbank studios, HBO and the HBO Max streaming service. Longtime lieutenant Gunnar Wiedenfels would helm Discovery Global, made up of the firm’s international businesses and basic cable channels, which face an uncertain future in the streaming era.

Those who know Zaslav believe he’s working to stave off the Ellison takeover, in part, because he wants the chance to bring the company back to its glory, which would ultimately make it more valuable for its investors and prospective buyers.

For Warner management, that’s part of the rub. The Ellisons showed up just as the company was displaying signs of a turnaround, including a hot streak by Warner Bros. that includes “A Minecraft Movie,” Ryan Coogler’s “Sinners,” James Gunn’s “Superman,” Formula One adventure “F1: The Movie,” and horror flick “Weapons.”

In addition, HBO returned to its winning ways at last month’s Emmys, collecting an industry-leading 30 awards, tied with Netflix.

Larry, from left, Megan and David Ellison attend the premiere of Paramount Pictures’ “Terminator Genisys” at Dolby Theatre on June 28, 2015.

(Lester Cohen / WireImage)

Ellison’s bidding was designed to thwart Warner’s planned corporate breakup.

For now, analysts said, Zaslav and the Warner board’s current strategy is solid because they have effectively driven up the stock price, which has doubled to $21 a share since the Ellison’s interest became known in mid-September.

“They are doing the right thing,” Hardart said. “In any sale, you try to beat the bushes and get as many people interested. But at some point the board is going to have to make a decision.”

Added one investor: “They’ve gotten Paramount-Skydance to bid against itself, and that only goes so far.”

Analysts expect Philadelphia giant Comcast, owner of NBCUniversal, and potentially Netflix, Apple or Amazon to take a look at the company’s studio, library and streaming assets.

But many see the Ellison’s Skydance as having the edge.

Paramount, in its recent letter to the Warner board, argued that it was the best and most logical buyer.

“What Skydance offers WBD, in many ways, is what it offered Paramount: The ability to be aggressive and push all aspects of the business in a way that most people or companies that have less capital just can’t do,” Miller said. “They are deploying real capital, and they are being the most aggressive folks in the industry right now.”

The world is closely watching the potential meeting between Trump and Xi Jinping, which could take place at the APEC summit at the end of October, as well as the formal state visit in January of next year. Undoubtedly, the top priority for both the U.S. and China is to ease tensions, with Washington even more eager than Beijing to achieve a “truce.” This is because Beijing imposed large-scale countermeasures against Washington in October, in retaliation for the various sanctions the U.S. has levied on China since August. China’s countermeasures caught the U.S. off guard and left it struggling to respond.

China’s strict restrictions on rare earth exports have shocked the West, particularly the automotive and semiconductor industries. On the other hand, China’s halt to soybean purchases from the U.S. has frustrated Trump’s most loyal supporters. Washington’s initial reaction was one of anger, with threats of retaliation, but within days, its tone softened. This signals that Beijing has struck at the opponent’s sore spot, while Washington lacks effective tools to fight back.

“You have no cards to play.” Trump’s famous rebuke to Zelenskyy has gone global and will undoubtedly go down in history. Embarrassingly, Trump now finds himself in a similar predicament with Beijing: nearly “out of cards.” To demonstrate that he still has some in hand, Trump has finally pulled Taiwan out of his pocket.

On October 20, in an interview with Bloomberg, Trump listed Taiwan as one of the four top priorities in U.S.-China negotiations—alongside rare earths, soybeans, and fentanyl—and stated, “We’ll get along very well with China.”

According to a report in The Guardian, Trump explicitly said that China “doesn’t want” to invade Taiwan and predicted that “nothing will happen.” He described Taiwan as “an apple in China’s eyes,” emphasizing that “America is the strongest military power in the world by far” and “no one dares to mess with us.” In a buddying tone, he added, “I love my relationship with President Xi. We have a great relationship, and that on the Taiwan issue, “we’ll get along very well.”

In the following days, Trump repeatedly made similar statements in the media. However, on October 26, during an interview aboard his plane en route to Asia, he refused to discuss the Taiwan issue and warned that if China invades Taiwan, “it would be very dangerous for China.”

Trump’s rhetoric follows a very simple logic, as is well known: he fabricates bargaining chips out of thin air, uses soft language to lure the opponent to the negotiating table, then employs tough rhetoric to hint at his confidence in making the opponent yield, while refusing to reveal his hand in advance.

In mid-October, the RAND Corporation—a think tank closely tied to the U.S. military—released a report titled Stabilizing the U.S.-China Rivalry, urging Washington to abandon zero-sum thinking and instead adopt a “step-back” approach to stabilize U.S.-China relations and avoid military conflict. On the Taiwan front, the report suggests that the U.S. should encourage Taiwan and China to create shared interests and emotional bonds that gradually lay the groundwork for reunification. This proposal has been interpreted in Taiwan as “gradual unification,” drawing widespread attention and viewed as a signal of the U.S. abandoning Taiwan.

However, rather than “the U.S. abandoning Taiwan,” the RAND report is more accurately a “delaying tactic,” aiming to prolong the status quo in the Taiwan Strait through a “step-back” strategy, thereby securing U.S. strategic interests in the First Island Chain for the next 5-10 years.

The realist tone of the RAND report is becoming the mainstream view in the U.S. For instance, Time magazine recently published an article that enraged Taiwan’s ruling party: The U.S. Must Beware of Taiwan’s Reckless Leader. The piece argues that Taiwanese President Lai Ching-te’s reckless emphasis on Taiwan’s sovereignty is dragging the U.S. into the risk of military conflict with China. Furthermore, it stresses that Taiwan is a core interest for China but merely a non-treaty ally for the U.S.— America has no reason to get embroiled in war for Taiwan’s sake and should instead invest resources in treaty allies like Japan, South Korea, and the Philippines.

In other words, the restraint-oriented thinking in the U.S. that advocates “focusing on the big picture” is gradually gaining the upper hand. Such arguments often come from individuals and organizations familiar with U.S. military capabilities. Simply put, this rhetoric merely underscores a fact: the U.S. military has low odds of winning a war against China, and it’s not worth risking for a non-treaty ally.

Of course, hawkish thinking in the U.S. remains resilient. In contrast to the restrainers, hawks believe that losing Taiwan would severely damage U.S. credibility in East Asia, and from a long-term perspective, the U.S. would suffer more harm than good, thus stressing that “Taiwan is not for sale” and advocating continuing arms sales to Taiwan, even shifting from “strategic ambiguity” to a “strategic clarity” policy.

But we know Trump doesn’t think that far ahead. Before he leaves office, Taiwan must be “cashed in” to feed this narcissist’s ego. In other words, the one inevitably waving the “Taiwan is for sale” sign is Trump.

In fact, for the West, Taiwan is rapidly depreciating because its most valuable asset—the semiconductor industry—is being hollowed out by the U.S. Taiwan’s vice president recently admitted that not only TSMC but also the ruling party has decided to replicate an identical semiconductor supply chain cluster in the U.S.

Taiwan’s authorities explain this investment plan as “avoiding over-reliance on the single Chinese market,” but those familiar with the semiconductor industry know that Taiwan has always relied on the U.S. market, not China—especially for high-end chips. Relocating the industry to the U.S. will only increase corporate costs, raise chip prices, and introduce even more unpredictable risks.

Rare earths are one such unpredictable risk. Semiconductor manufacturing requires rare earths, albeit in small proportions, but without them, chips cannot be produced. If Beijing wants to keep the semiconductor industry in Taiwan, it could completely ban rare earth exports to the U.S. while continuing normal supplies to Taiwan. Even if the U.S. tries to use Taiwan as a rare earth transshipment hub, that’s impossible, as China’s export controls can precisely calculate buyers’ demand volumes, eliminating any transshipment possibilities.

A more fundamental approach would be to ban rare earth exports to both Taiwan and the U.S., driving Taiwan’s value to rock bottom and preventing Trump from demanding too high a price.

In line with Trump’s style, consolidating proxies across the First Island Chain to form a military deterrence against China is undoubtedly another chip in his hand, but this card no longer works on China. Throughout this year, Beijing has repeatedly flexed its military muscles to signal to the U.S. that China cannot be contained. The U.S. military’s front line has effectively retreated to Guam, and Japan, the Philippines, Taiwan, and South Korea all know that the U.S. is pulling back. Without their backer, they dare not confront China.

The key point is that China understands the U.S.’s strategic goal is to stabilize U.S.-China relations, not to break ties. Therefore, only by doubling down on countermeasures against the U.S. can China achieve a stable state of “competition without rupture,” and facts have proven that a hardline strategy leads to a “TACO” outcome. Beijing has no reason or room to concede, especially on the Taiwan issue.

China is testing various tools to offset Western sanctions, leaving the entire West shrouded in fear and anger over rare earth cutoffs, yet powerless to retaliate. This proves that countermeasures to fully offset Western sanctions are nearly complete. If there’s any vulnerability, it’s the financial defense line, which is not yet fully prepared. This explains why China is actively promoting the internationalization of the renminbi and continuing to reduce its holdings of U.S. debt.

On the other hand, Taiwan’s largest opposition party, the Kuomintang (KMT), replaced its party chairman in October with someone determined to change its U.S. policy. Due to the ruling party’s declining popularity, the KMT is poised to win majority voter support in next year’s elections and those in 2028. The new chairman opposes U.S. directives—demanding that Taiwan raise defense spending to 5% of GDP—and extends a peace olive branch to Beijing, potentially leading to dramatic changes in Taiwan-U.S. relations, a development unfavorable to Washington.

Admittedly, the KMT’s new chairman may neither be able nor willing to convince the Taiwanese people to unify with mainland China, but she could reverse the status quo where Taiwan’s major parties are all pro-U.S. Her support from over half the party members stems from two public opinion bases: first, acknowledging oneself as Chinese; second, opposing the U.S. hollowing out Taiwan. According to polls, 4 million KMT supporters accept Chinese identity, and over half (more than 9 million) of all voters, regardless of party, oppose the U.S. hollowing out Taiwan.

While Taiwanese public opinion is divided, most Taiwanese people oppose the Trump administration’s plundering of Taiwan’s semiconductor industry and also oppose war across the strait—this is the main reason for the ruling party’s sagging approval ratings.

A “distrust of America” sentiment pervades Taiwanese society, along with dissatisfaction toward the anti-China president, prompting Beijing to establish “Taiwan Restoration Day” (October 25) to evoke Taiwanese people’s historical memory of China’s recovery of Taiwan after World War II. This aims to maximize nationalism to offset separatism and reduce Taiwanese resistance to unification. At the same time, Beijing uses this move to send a clear signal to the U.S. and neighboring countries: China is determined to resolve the Taiwan issue and is working to remove all obstacles.

Beijing now holds a strong hand; even the U.S.’s “Taiwan card” has become a card China can counter with. In line with Xi Jinping’s decision-making style, he will concede when unprepared, but once fully ready, he will strike suddenly, catching the opponent off guard.

Trump should be very aware that his current position is precarious, making it hard to reverse Beijing’s advantageous stance. Even the “chip card” is no longer effective. Thus, aside from selling Taiwan, he has no other good options—and this is the situation most feared by Taiwan’s elites: the window for “maintaining the status quo” is closing.

However, the sentiments of Taiwan’s elites are also shifting with the situation. Due to the KMT’s policy pivot, more and more Taiwanese elites may pragmatically reassess Taiwan’s future in the coming years, as KMT supporters lead the way, turning back to demand that elites devise countermeasures to change cross-strait relations and foster peace.

When U.S. hawks emphasize “Taiwan is not for sale,” it ironically highlights America’s intent to sell Taiwan. Yet, if this can lead to a peaceful resolution, the trend should be welcomed rather than doubted. After all, there are no winners in war, and those sacrificed are often innocent civilians.

Taiwan is for sale—the buyer is only one. The fear is that Trump might overprice it, backfiring and once again squandering his chance at a Nobel Peace Prize.

DALLAS — A former aide to House Speaker Jim Wright made a substantial profit by selling his house to a businessman who had benefited from Wright’s work on behalf of a new Ft. Worth airport, a Dallas newspaper reported Sunday.

John P. Mack, who resigned last week as an aide to Wright, sold the house in May, 1987, for $13,000 above market value to Rex Ball, chairman of HTB Inc. of Oklahoma City, which was working on an airport project in Ft. Worth backed by Wright, the Dallas Morning News reported.

Deed records obtained by the newspaper showed that Ball paid Mack and his wife, Kim, $170,000 in cash for the house in Dumfries, Va. The same records showed that Ball sold the house six months later for $153,000–a $17,000 loss–and that a Virginia property appraiser valued the house at $156,000.

Bought Home for $259,000

Fifteen days after selling the Dumfries house, Mack and his wife purchased a new home in Annandale, Va., for $259,000 with a $200,000 mortgage.

The transaction came after Mack had asked House Appropriations Committee members in 1987 to guarantee $25 million in federal funding for Alliance Airport, which is being built in Ft. Worth by H. Ross Perot Jr., son of the billionaire founder of Electronic Data Systems.

Perot said Ball’s company handled some review work for the architectural plans at Alliance Airport, which is owned by the city of Ft. Worth and built on land donated by the Perot family. The Perot family hopes the airport will attract industries to build on nearby Perot-owned land.

The airport has received at least $31 million in federal funds for construction with the assistance of Wright, who is from Ft. Worth.

Refused to Pay Bill

The Morning News said Alliance Airport officials submitted a $60,000 bill in May, 1988, for work done by HTB, but Ft. Worth and Federal Aviation Administration officials refused to pay the bill because much of the work involved private property owned by the Perots.

City officials eventually authorized a $16,466 payment out of federal funds to the Oklahoma City firm.

A spokesman for Wright, who was accused by the House Ethics Committee of more than 60 violations of House ethics rules, said the Speaker had no knowledge of the transactions between Ball and Mack, who resigned from Wright’s office in the wake of renewed publicity over a conviction on a 1973 assault charge.

Warner Bros. Discovery has officially acknowledged the company is up for sale, marking the third time in a decade that its storied assets have been on the auction block.

The company’s board announced Tuesday that it has initiated “a review of strategic alternatives … in light of unsolicited interest the Company has received from multiple parties for both the entire company and Warner Bros.”

The Ellison family, which owns Paramount, started the bidding late last month. With financial backing from his father, Larry Ellison, David Ellison is looking to build an entertainment juggernaut. The family and RedBird Capital Partners finalized their takeover of Paramount in August, and has since made at least one offer for its rival. Paramount wants to buy the entire company, including its basic cable channels that include CNN, TNT, Food Network and HGTV.

Warner Bros. Discovery stock soared 11% Tuesday to more than $20 a share, valuing the company at $50 billion. That’s the highest level since Discovery swallowed the larger WarnerMedia in April 2022.

The company did not disclose the other entities that have expressed interest in buying the company as a whole, or its stable of assets, including premium cable channel HBO, the HBO Max streaming service and the legendary Warner Bros. film and television studio and its campus in Burbank.

“It’s no surprise that the significant value of our portfolio is receiving increased recognition by others in the market,” Chief Executive David Zaslav said in a statement announcing the strategic review.

“After receiving interest from multiple parties, we have initiated a comprehensive review of strategic alternatives to identify the best path forward to unlock the full value of our assets,” he said.

The company last summer unveiled its intention to split into two separate publicly traded entities — an arrangement that most observers saw as the unofficial kickoff of the company’s sale.

That separation process will continue, Warner Bros. Discovery said Tuesday.

The company intended to create two stand-alone entities. One would include the Warner Bros. studio and its expansive library of shows and movies, as well as the HBO Max streaming service. Zaslav was planning to run that enterprise.

The second company, Discovery Global, would comprise the basic cable channels and international operations. Chief Financial Officer Gunnar Wiedenfels would lead that operation.

“We view this as a move to initiate the entire bidding process now, for all bidders, even though not every bidder may be interested in all of WBD,” Raymond James analysts Ric Prentiss and Brent Penter wrote in a Tuesday note to investors.

“WBD is telling other bidders they can bid now instead of waiting for the split, or perhaps they even need to bid now since waiting may prove to be too late,” the analysts said.

Warner Bros. Discovery board intends to “evaluate a broad range of strategic options,” including “an alternative separation structure that would enable a merger of Warner Bros. and spin-off of Discovery Global to our shareholders,” it said in a statement.

“Our decision to initiate this review underscores the Board’s commitment to considering all opportunities to determine the best value for our shareholders,” Warner Bros. Discovery Chair Samuel A. Di Piazza, Jr., said in the statement. “We continue to believe that our planned separation to create two distinct, leading media companies will create compelling value. That said, we determined taking these actions to broaden our scope is in the best interest of shareholders.”

The company did not set a deadline or timetable for the strategic alternatives review, although it had previously said the separation into two distinct companies — Warner Bros. and Discovery Global — would be complete by April.

TD Cowen media analyst Doug Creutz indicated Tuesday’s announcement was simply a formality because investors were well aware the company was in play.

“We continue to think a transaction with [Paramount] … is reasonably likely; we are more skeptical that other, more attractive bidders will emerge,” Creutz wrote.

The announcement hit as Warner Bros. Discovery employees already are nervous about the process and the proposed Ellison takeover, which observers believe would spark a massive consolidation and the elimination of hundreds more jobs.

Some already were suffering from deal fatigue as many are veterans of the company’s two previous sales.

In October 2016, the company, then known as Time Warner Inc., announced its sale to phone giant AT&T. President Trump, who was first elected the following month, strenuously objected to the merger. The government challenged the union, and it took nearly two years to win federal approval. The AT&T years were turbulent. The company restructured, then spent billions to build the HBO Max streaming service.

After three years, AT&T threw in the towel after lining up Zaslav, who had long managed the much smaller Discovery. The April 2022 sale to Discovery burdened the company with more than $50 billion in debt.

Since then, Zaslav and his team have tried to streamline the operations, leading to thousands of layoffs. The company’s debt now hovers around $35 billion.

Allen & Company, J.P. Morgan and Evercore have been retained as financial advisors to Warner Bros. Discovery. Wachtell Lipton, Rosen & Katz and Debevoise & Plimpton LLP are serving as legal counsel.

SACRAMENTO — Gun rights organizations filed a lawsuit Tuesday challenging a new California law that bans certain types of Glock-style semiautomatic firearms.

The law, signed by Gov. Gavin Newsom last week, prohibits the sale of semiautomatic pistols with a “cruciform trigger bar” — a feature that allows gun owners to attach a device, commonly called a switch, that boosts the weapon’s firepower and converts it into a machine gun capable of spraying dozens of bullets in a fraction of a second.

“Newsom and his gang of progressive politicians in California are continuing their crusade against constitutional rights,” John Commerford, executive director of the National Rifle Association Institute for Legislative Action, said in a statement. “They are attempting to violate landmark Supreme Court decisions and disarm law-abiding citizens by banning some of the most commonly owned handguns in America.”

The lawsuit, filed in the U.S. District Court for the Southern District of California, alleges the law violates the 2nd Amendment. Plaintiffs include the NRA, Firearms Policy Coalition, and the Second Amendment Foundation, as well as some individuals and smaller businesses.

The legal action alleges that California’s new law essentially bans the sale of certain Glock-brand handguns and others with similar features that allow modification by owners.

“A law that bans the sale of — and correspondingly prevents citizens from acquiring — a weapon in common use violates the Second Amendment,” the lawsuit states. “Semiautomatic handguns with cruciform trigger bars are not different from any other type of semiautomatic handgun in a constitutionally relevant way. The Supreme Court has already held that handguns are in common use and cannot be banned.”

The lawsuit states the only justification for banning a firearm is when the weapon is “dangerous and unusual” and argues that semiautomatic pistols are neither.

“They are also unquestionably in common use for lawful purposes,” the lawsuit states. “In fact, they are among the most popular handguns in the nation.”

Assemblymember Jesse Gabriel, who introduced Assembly Bill 1127, said his bill was intended to help protect communities from gun violence.

“Automatic weapons are exceptionally lethal and capable of firing hundreds of rounds per minute; they are illegal in California,” he told the Senate Public Safety Committee in July. “Unfortunately, some semiautomatic firearms feature a dangerous design element allowing them to be converted to automatic weapons through the attachment of an easy-to-use device known as a switch.”

Over the last few years, handguns retrofitted with switches were used in several prominent shootings in California, including the 2022 mass shooting in downtown Sacramento that left six people dead and a dozen injured.

Machine gun conversion switches are illegal in the United States and are mostly manufactured overseas. They also can be built at home using 3D printers. Instructions for installing one on a firearm can be found online and require little to no technical expertise.

The Bureau of Alcohol, Tobacco, Firearms and Explosives reported a 570% increase in the number of conversion devices collected by police departments between 2017 and 2021, according to the Associated Press.

Madonna’s “MDNA.” Bruce Springsteen’s “The Rising.” Mariah Carey’s “Memoirs of an Imperfect Angel.”

According to the Recording Industry Assn. of America, none of these albums — each the 12th studio LP by its respective maker — has sold 4 million copies in the United States in the decade or more since it was released.

Yet that’s what Taylor Swift just did in a single week with her 12th album, “The Life of a Showgirl,” which Billboard reported Monday had moved 4.002 million copies in the seven days between Oct. 3 and 9.

That figure, which combines sales and streaming numbers, represents the biggest opening week for an album in modern history, breaking the record set by Adele 10 years ago when her “25” moved 3.482 million units in its first week.

Swift marked the achievement on Instagram on Monday with a note to her 281 million followers.

“I’ll never forget how excited I was in 2006 when my first album sold 40,000 copies in its first week,” she wrote. “I was 16 and couldn’t even fathom that that many people would care enough about my music to invest their time and energy into it. Since then I’ve tried to meet and thank as many people as I could who have given me the chance to chase this insane dream. Here we are all these years later and a hundred times that many people showed up for me this week.

“I have 4 million thank you’s I want to send to the fans,” she added, “and 4 million reasons to feel even more proud of this album than I already was.”

The speed with which Swift hit the 4-million mark is undeniably impressive. Morgan Wallen’s “I’m the Problem,” the biggest album of 2025 so far, has sold and streamed the equivalent of 4.2 million copies, according to the trade journal Hits. But “I’m the Problem” has been out since mid-May; “Showgirl” will almost certainly have surpassed Wallen’s LP by the end of this week (if it hasn’t already).

What’s more remarkable is where “Showgirl’s” blockbuster success comes in the arc of Swift’s career.

Madonna and Springsteen were both in their early 50s when they released their 12th LPs; Carey was 40 when “Imperfect Angel” came out. Swift, in contrast, is only 35 — one advantage of starting out professionally as a teenager.

Still, Swift has been a star for nearly two decades, a point at which many pop musicians have shifted the focus of their work to touring even as they continue to make new records generally ignored by all but their most devoted fans. In 2024, according to Pollstar, Madonna’s and Springsteen’s latest road shows — each drawn from a catalog packed with hit songs — were among the year’s 10 highest-grossing tours.

And indeed Swift has been amply rewarded on the road: At No. 1 on Pollstar’s list was her Eras tour, which sold more than $2 billion in tickets across 149 dates on five continents.

Yet unlike virtually every other veteran act in music, Swift’s recording business is growing along with her live business.

“Everything that’s happening here is historic and unprecedented,” said Hits’ editor in chief, Lenny Beer. “Maybe if the Beatles had stayed together, we’d have seen something like it.”

Also worth considering: Nobody seems to think “The Life of a Showgirl” is Swift’s best album. Reviews have been mixed, and even some fans have expressed disappointment with the record on social media — a once-unthinkable development among the fiercely loyal Swifties.

So how did the singer pull off such a feat?

First, a little math: Of “Showgirl’s” 4 million units, approximately 3.5 million were sales of either digital or physical versions of the album (including CDs, cassettes and vinyl LPs); the remaining half-million came from streams of the album’s songs on platforms like Spotify and Apple Music, which the data firm Luminate counts toward what it calls streaming equivalent albums.

“Showgirl’s” 12 songs racked up 681 million streams in all, Billboard said — the fourth-biggest streaming week of all time, behind Swift’s “The Tortured Poets Department” and Drake’s “Scorpion” and “Certified Lover Boy.” But the album’s sales number is the largest ever recorded since Luminate started tracking sales electronically in 1991.

Among Swift’s strategies to get to that number was selling more than three dozen editions of the album, each with its own artwork and bonus material designed to lure collectors. On vinyl alone, “Showgirl” came out in eight so-called variants, which helped drive the album’s first-week vinyl sales to a modern record of 1.3 million copies.

Offering something for sale doesn’t necessarily mean anyone will buy it, of course. Yet Swift was positioning “The Life of a Showgirl” as a juggernaut from the moment she announced it. Appearing with her fiancé, the NFL player Travis Kelce, on his “New Heights” podcast in August, the singer described the album as a return to the hit-making ways of albums like “Red” and “1989” after the relatively experimental “Folklore” and “Tortured Poets Department.”

To make “Showgirl,” she reteamed with the Swedish producers Max Martin and Shellback, with whom she’d collaborated on some of her biggest singles, including “Blank Space,” “Bad Blood” and “We Are Never Ever Getting Back Together.” On “New Heights” she and Kelce talked about the new album as a “180” from the moody confessions of “Tortured Poets,” whetting appetites for the kind of crisply hooky Taylor Swift songs that blanketed Top 40 radio in the mid-2010s.

Promised the football star: “12 bangers.”

Fans visit an activation for Taylor Swift’s “The Life of a Showgirl” at the Westfield Century City mall on Oct. 4.

(Christina House/Los Angeles Times)

Once “Showgirl” was out, Swift jumped into the promotional fray with more gusto than she’d summoned in years, sitting for numerous radio interviews and putting in appearances on Graham Norton’s, Jimmy Fallon’s and Seth Meyers’ late-night shows; the weekend after the album’s release, a glorified sizzle reel called “The Official Release Party of a Showgirl” played in AMC movie theaters across the country.

On Monday, Swift kept the conversation going with the announcement that two Eras-related projects are headed to Disney+ in December: a six-part behind-the-scenes docuseries and a concert film of the tour’s finale in Vancouver.

“One of the hardest parts of ensuring you have a record-setting first week is making sure that everyone who could possibly be interested in your album knows about it,” said Bill Werde, director of the Bandier Program for Recording and Entertainment Industries at Syracuse University. “I’m not sure anyone has ever covered that need the way Taylor did with this album cycle.”

Yet “The Life of a Showgirl” has not been greeted as enthusiastically as some of Swift’s earlier work.

Pitchfork said “her music’s never been less compelling,” while The Guardian called the album “dull razzle-dazzle from a star who seems frazzled.” Fans on TikTok have complained that Swift’s lyrics — which take up her romance with Kelce, the burdens of fame and an apparent beef with Charli XCX — are unusually shallow; some have even formulated a kind of tradwife critique of “Showgirl” in which Swift is seen as upholding regressive ideas about marriage and domesticity.

The album has also attracted criticism from people who say Swift’s songs recycle familiar elements from other pop tunes without giving credit: the Jackson 5’s “I Want You Back” in “Wood,” for instance, and the Jonas Brothers’ “Cool” in the LP’s closing title track.

“When every song is a derivative of another song, that’s an issue,” said one hit songwriter who asked not to be named in order to speak freely. “That one song is the Jonas Brothers song — the exact same melody. And here’s how lazy that is: It’s the same key and the same tempo.”

In Werde’s view, Swift’s place atop the pop hierarchy makes such carping inevitable. “Anytime an artist gets this big, there’s going to be backlash,” he said — a take with which Swift would likely agree.

“I welcome the chaos,” she said in an interview with Apple Music’s Zane Lowe. “The rule of show business is: If it’s the first week of my album release and you are saying either my name or my album title, you’re helping.”

Even so, the polarized reaction to “Showgirl” — Swift’s 15th album to debut at No. 1 on the Billboard 200 — raises questions about the breadth of Swift’s popularity as compared to its depth. Should the album’s gargantuan numbers be taken as a sign that she appeals to a wide spectrum of pop music lovers or to a committed group of hardcore Swifties willing to spend untold amounts of money to demonstrate their loyalty?

“Showgirl’s” second-week stats should provide the beginnings of an answer, given that they won’t be shaped by one-time sales of all those limited-edition variants.

Then again, another unprecedented chart achievement from the album’s first week is already shedding some light on the matter: “The Fate of Ophelia,” the album’s lead single, is the first song ever to debut inside the top 10 of Billboard’s Pop Airplay chart — an indication of the heavy Top 40 radio play it’s getting along with the millions of daily streams that have kept it atop Spotify’s U.S. Top 50 tally since the song came out.

That’s one banger certified, with more perhaps to come.

THE World Darts Championship will return for another year of thrilling action in December!

Luke Littler is back at Ally Pally to defend his World Darts Championship title – and tickets are flying off the shelf!

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World Darts Championship 2025 tickets and prices

StubHub are offering tickets for sale for every session of the tournament, at the time of writing.

The cheapest tickets available are currently priced at £145 per person for the evening session on Thursday, December 18.

There are tickets on the site available at a range of prices.

Tickets for the final, for example, are priced from £380 at the time of writing – these are for seats on the outskirts rather than a table in the middle.

The cheapest table seats for the final start at £940 each.

For those looking for hospitality tickets, Seat Unique is offering packages – although is asking for those interested to register their interest.

There is no pricing available at the time of writing, with details expected soon.

Are tickets for the World Darts Championship still on sale?

Yes, tickets are available, but fans will have to buy from secondary ticketing sites.

PDCTV annual members were able to have first dibs at tickets during a pre-sale.

That took place on August 4 and August 5, 2025.

There was then the chance for others to put their name into a free-to-enter ticket ballot.

Registrations for the ballot opened on August 6 and then closed on August 15.

Tickets are now available on third-party ticketing sites, although the PDC have previously warned fans about purchasing tickets this way.

Paramount, backed by billionaire Larry Ellison and his family, has officially opened the bidding for rival Warner Bros. Discovery — a potential massive merger that would dramatically change Hollywood.

Warner Bros. Discovery’s board rejected Paramount’s initial bid of about $20 a share, but talks are continuing, according to two people close to the companies who were not authorized to speak publicly.

One of the knowledgeable sources said Paramount was preparing a second bid.

Warner Bros. Discovery owns HBO, CNN, TBS, Food Network, HGTV and the prolific Warner Bros. movie and television studio in Burbank.

Ellison, one of the world’s richest men, is committed to helping his 42-year-old son, David, pull off the industry-reshaping acquisition and has agreed to help finance the bid, two people close to the situation said.

The younger Ellison, who entered the movie business 15 years ago by launching his Skydance Media production company, was catapulted into the major leagues this summer with the Ellison family’s purchase of Paramount’s controlling stake.

Since then, David Ellison and his team have made bold moves to help Paramount shake more than a decade of doldrums. Buying Warner Bros. Discovery would be their most audacious move yet. The merger would lead to the elimination of one of the original Hollywood film studios, and could see the consolidation of CNN with Paramount-owned CBS News.

Representatives for Paramount and Warner Bros. Discovery declined to comment.

CNBC reported Friday that two companies have been in discussions for weeks following last month’s news that Paramount was planning a bid. Bloomberg reported Saturday that Warner Bros. Discovery had rejected Paramount’s bid of about $20 a share.

Industry veterans were stunned by the speed of Paramount’s play for Warner Bros. Discovery, noting that top executives had begun working on the bid even as they were putting finishing touches on the Paramount takeover.

One of Paramount’s top executives is a former Goldman Sachs banker, Andy Gordon, who was a ranking member of RedBird Capital Partners, the private equity firm that has teamed up with the Ellisons and has a significant stake in Paramount.

Paramount’s interest prompted stocks of both companies to soar, driving up the market value for Warner Bros. Discovery.

Paramount’s offer of $20 a share for Warner Bros. Discovery was less than what some analysts and sources believe the company’s parts are worth, leading the Warner Bros. Discovery board to rebuff the offer, sources said.

But many believe that Paramount needs more content to better compete in a landscape that’s dominated by tech giants such as Netflix and Amazon.

Paramount has reason to move quickly.

Warner Bros. Discovery had previously announced that it was planning to divide its assets into two companies by next April. One company, Warner Bros., would be made up of HBO, the HBO Max streaming service and the Burbank-based movie and television studios. Current Chief Executive David Zaslav would run that enterprise.

The other arm would be called Discovery Global and consist of the linear cable television channels, which have seen their fortunes fall with consumers’ shift to streaming.

The Paramount bid was seen as an attempt to slip in under the wire because other large companies, including Amazon, Apple and Netflix, may have been interested in buying the studios, streaming service and leafy studio lot in Burbank.

However, Netflix’s co-chief executive Greg Peters appeared to downplay Netflix’s interest during an appearance last week at the Bloomberg Screentime media conference. “We come from a deep heritage of being builders rather than buyers,” Peters said.

Some analysts believe Paramount’s proposed takeover of Warner Bros. Discovery could ultimately prevail because Zaslav and his team have made huge cuts during the past three years to get the various businesses profitable after buying the company from AT&T, which left the company burdened with a heavy debt load. The company has paid down billions of dollars of debt, but still carries nearly $35 billion of debt on its books.

Others point to Warner Bros.’ recent successes at the box office as evidence that Paramount is offering too little.

Despite the tumult at the corporate level, Warner Bros.’ film studio has had a successful year. Its fortunes turned around in April with the release of “A Minecraft Movie,” which grossed nearly $958 million worldwide, followed by a string of hits including Ryan Coogler’s “Sinners,” James Gunn’s “Superman” and horror flick “Weapons.”

Meanwhile, Paramount has been on a buying spree.

Just in the last two months, Paramount made a $7.7 billion deal for UFC media rights and closed two deals that will pay the creators of “South Park” more than $1.25 billion over five years to secure streaming rights to the popular cartoon.

Last week at Bloomberg’s Screentime media conference, Ellison declined to comment on Paramount’s pursuit of Warner Bros. or even whether his company had already made a bid. But he did touch briefly on consolidation in Hollywood, saying, “Ironically, it was David Zaslav last year who said that consolidation in the media business is important.”

“There are a lot of options out there,” he added, but declined to elaborate.

After news of Paramount’s interest surfaced, Warner Bros. Discovery‘s stock jumped more than 30%. It climbed as much as $20 a share, but closed Friday at $17.10, down 3.2%.

Paramount also has seen its stock surge by about 12%. Shares finished Friday at $17, down 5.4%

Warner Bros. Discovery is now valued at $42 billion. Paramount is considerably smaller, worth about $18.5 billion.

The cost to experience the Happiest Place on Earth continues to rise as the Disneyland Resort unveiled its annual price increases for the upcoming year.

The Disneyland Resort on Wednesday morning increased prices on most tickets for guests 10 and older, with the price to visit a single park on its most in-demand days now $224 per person, up from $206. The price of its lowest-tier offering — a one-day, one-park ticket for often a less crowded weekday — will remain the same at $104. (Disneyland Resort ticket prices vary depending on the day and consumer demand.)

Pricing for all other one-day, one-park tickets on more popular days will increase between 1.5% and 4.8% — Disneyland has six tiers of pricing based on crowd levels — and most increased moderately between $3 and $7, a lower jump than in years past. Park hopper add-ons, which allow a guest to visit both Disneyland Park and Disney California Adventure on the same day, are now between $70 and $90 per day, up from $65 to $75 per day, depending on the crowd calendar.

Parking at the resort has also increased, up $5 to $40 per day for a standard vehicle.

Once in the park, those who opt for the line-skipping Lightning Lane Multi Pass will find that service starts at $34 per day, up from $32, but the program is also subject to variable pricing. For instance, today a Lightning Lane Multi Pass is $40 per guest.

Its Magic Key annual pass has also experienced an increase for its top two tiers, the so-called Inspire and Believe passes. The Inspire pass, which offers the most year-round access and highest merchandise and dining discounts, including the cost of parking, is up $150 to $1,899. The Believe key is up $100 to $1,474. Prices for its two lowest tier Magic Keys — the Enchant and Imagine — did not change.

Currently, only the Enchant and Imagine keys, the latter for Southern California residents, are available for sale. All are available for renew, as Disney makes Magic Key passes for sale available at various times throughout the year.

Disneyland has maintained its lowest $104 ticket for seven years now. This year, for instance, one can visit the park in early November at that rate in the days between the resort’s Halloween and holidays celebrations. From Oct. 7 through April 4, 2026, Disneyland has also increased its number of $104 days, up from 20 to 32 for the upcoming months.

“Disney Parks offer a full day of experiences each day, with ticket, hotel, and dining options designed to suit a wide range of needs and budgets for all who visit,” read a statement from the company. “Our commitment to creating magical experiences for everyone remains at the heart of what we do — and that will never change.”

The resort has also unveiled a new California ticket offer, which is set to go on sale Dec. 3. The deal is for a 3-day park-hopper ticket, which can be used on non-consecutive visits, and starts at $249 per person, which amounts to $83 per day. A Lightning Lane Multi Pass add-on will bring the cost of the ticket to $351 per person, or $117 per day. The offer is good for visits from Jan. 1, 2026 to May 21, 2026.

Disneyland is currently in the midst of its 70th anniversary celebration, which will continue until next summer. As part of the latter, Disneyland unveiled the show “Walt Disney — A Magical Life,” featuring the first-ever audio animatronic of the company’s founder. Disneyland this week announced an update is coming soon to one of its most historic attractions, as it will be adding Rapunzel’s Tower to its Storybook Land Canal Boats, a leisurely boat ride through tableaus of exquisite miniatures.

While Disneyland has yet to announce its full slate of programming for 2026, popular festivities such as Lunar New Year and the Food & Wine Festival are set to return. Disneyland Park in its Star Wars: Galaxy’s Edge area will unveil a new mission on its attraction Millennium Falcon: Smugglers Run to tie into the upcoming film, “The Mandalorian and Grogu.” The new interactive scenes are set to debut May 22, 2026.

Disney’s experiences division — which includes the Disney theme parks, cruise line and Aulani resort and spa in Hawaii — reported revenue of $9.1 billion, up 8% compared with the previous year, in its most recent quarterly earnings report. Operating income rose 13% to $2.5 billion.

WITH temperatures falling and nights drawing in, it’s offically hot chocolate season.

That means it’s time for me to pull my Salter Chocolatier from the back of the cupboard.

Even at full whack, it’s less than a quarter of the price of the famous Hotel Chocolat Velvetiser, and Amazon has just discounted it for Prime Day, meaning that it’s now just £28.24, down from £34.99.

Read on for my full Salter Chocolatier review.

Salter Chocolatier Electric Hot Chocolate Maker, £34.99 £28.24 from Amazon

I spend a lot of time outdoors walking my dogs and in winter that’s often a freezing few hours in the mud, snow and rain.

Once home, a hot drink is essential and while I doubt my kitchen could create that country-inn atmosphere, I was intrigued to find out if the machine could create a rival to my pub-bought favourite.

I’m not a fan of instant hot chocolate so tend to swerve it as a drink option.

Thankfully, the Salter Chocolatier is a different matter entirely.

Pros:

• Easy to use
• Affordable
• Handy milk frother
• Works with plant milk
• Easy to clean
• Also great for lattes and cappuccinos

Cons:

• Small capacity
• Takes a few minutes
• Sometimes chocolate isn’t fully mixed
• May not be hot enough for some

Rating: 8/10

How I tested the Salter Chocolatier

It’ll come as no surprise that my main focus during testing was how well the Salter Chocolatier makes hot chocolate, and this function is the one I used the most.

However, I also prepared other drinks with it, including cappuccino, latte and iced coffee.

I considered how easy the hot chocolate maker was to use and how easy it was to clean afterwards.

I was also interested in the quality of the instructions.

I don’t like it when manufacturers supply just a brief product leaflet with their products and then expect users to download a full manual from their website.

Who has time for that? And what about those people who don’t use the internet, such as older consumers?

Finally, I considered how the product looked – was it merely a functional item or did it look good sitting on the kitchen worktop?

Salter Chocolatier review: quick summary

This is a great product. It makes amazing hot chocolate from scratch, though it doesn’t always mix the grated chocolate as well as I would like.

The milk frother is also good, but when using the thick hot froth function I found it impossible to get all of the froth from the jug to the cup.

It’s quite stylish in a minimalist kind of way, and it’s easy to clean.

It doesn’t take long to make your drink but the downside is that it only makes one cup at a time.

Salter Chocolatier review: full review

Salter Chocolatier Electric Hot Chocolate Maker, £34.99 £28.24 from Amazon

If you have purchased this then chances are you’re a bit of a hot chocolate connoisseur, or at the very least a big fan.

The machine itself is pretty simple. There’s a jug, lid, frothing ring, heating ring and base.

It’s very much like a mini kettle. with the addition of a function button.

This button has four options:

• Thick hot froth
• Light hot froth
• Hot milk/ hot chocolate
• Cold milk froth

Unboxing and setup

The box contains the jug, lid, frothing ring, heating ring and base so it’s simple enough to set up the machine.

There’s also a quick start guide and if you want a product manual you have to download it from the Salter website (sigh!).

However, if you’re hoping for a bit more detail on using the machine, you’ll be disappointed.

The instruction manual on the website is the same as the leaflet in the box and does not provide any further information.

Still, I guess that shows how simple the Chocolatier is to use.

Design and features

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Salter Chocolatier Electric Hot Chocolate Maker, £34.99 £28.24 from Amazon

There’s an easy-to-see level guide inside the jug for the different drinks and froths.

For example, if you’re after a light or thick froth then you need to add 115ml of milk, but if you’re making a hot chocolate then you would fill to the max 240ml level.

There’s also a minimum level and if the liquid doesn’t reach this then the chocolatier will switch itself off as a safety precaution.

The jug comes with the frother already attached inside, but if you want to clean it or swap it with the heating attachment, you can simply lift it off.

This is tiny, but lives in the lid so you’ll always be able to find it if you remember to pop it back there after use.

The design is minimalist and there’s only one button to get the hang of.

Other than that, the chocolatier sits on its base like a regular kettle.

Operation and performance

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Salter Chocolatier Electric Hot Chocolate Maker, £34.99 £28.24 from Amazon

The inside of the jug is smooth and easy to clean, which is always a bonus.

I found that both plant and dairy milks simply rinsed off the sides and even residual chocolate shavings came off cleanly without any effort.

You can’t pop the jug in the dishwasher, but you can use hot soapy water to clean the inside if anything does stick.

I never had that problem, though, and I think as long as you stick to the functions as set out in the guide then you’ll be fine.

You don’t need to wait long for your drink either – it takes about 4.5 minutes for a hot chocolate and around two minutes for a jug of froth.

A kettle is quicker but we’re not talking instant gratification here.
It’s well worth the few minutes’ wait.

A kettle is quicker but we’re not talking instant gratification here. It’s well worth the few minutes’ wait

You need 35g of chocolate shavings per cup and you can buy these ready-grated, or as a powder from an array of retailers.

I decided to go for the real deal though and did it myself.

My favourite hot chocolate drink was made using 75% cocoa chocolate, which I grated before adding to the jug (be prepared for the grated chocolate to go everywhere!).

I’m a big white chocolate fan, but when I tried it as a drink, I found it a bit too sweet.

I also tried the Chocolatier with dairy and soya milk and both worked well, though as I don’t like dairy, my preference would always be plant milk.

For some reason I was surprised the finished hot chocolate wasn’t frothy; however, it’s not supposed to be, that’s a separate function.

You can always dress it up with a cream topping and mini marshmallows for the full pub/café effect.

It also wasn’t as hot as I expected but it was a pleasant drinking temperature, which was fine. I think some people might be disappointed it’s not warmer though.

I did experiment with the thick and light froth for coffee, but I wasn’t too impressed with the thicker option as it’s impossible to pour all the foam from the jug, resulting in a lot of waste.

There’s also a cold froth setting, which my daughter tried as she’s a big iced coffee and frappe fan.

I have never seen the point of cold coffee so avoided that one.

Salter Chocolatier review: the verdict

Wow! I loved the hot chocolate I made with this.

The texture was rich but not overly thick, while being creamy and smooth at the same time.

For me, it certainly beats standing over a saucepan of milk to make hot chocolate from scratch, or going for a cup of instant using the kettle.

I can see myself using this a lot.

Though I generally used a high-cocoa content chocolate it was perfectly sweet enough and not bitter at all.

I wasn’t so impressed with the frothing functions though, so will most likely save the machine specifically for hot chocolate.

The major downside to it is you can only make one cup of hot chocolate at a time and because it is drinking temperature when ready, the first person will have almost finished theirs in the time it takes to prepare a second cup.

Either that or one of you will be drinking it cold.

At £34.99 it’s less than half the price of the Hotel Chocolat Velvetiser.

The Velvetiser wins out on looks though – this is functional, rather than pretty. However, the Salter model wins on capacity – 240ml compared to 200ml.

If you’re going to use the frother function regularly, or if you’re a big hot chocolate fan and want to invest in an automatic maker without spending a fortune, then I think the Salter Chocolatier is worth it.

Where to buy the Salter Chocolatier Electric Hot Chocolate Maker in the UK

You can buy the Salter Chocolatier Electric Hot Chocolate Maker from the Salter website.

It’s also available from:

GET ready, Prime members! Amazon’s next major sales event is just hours away.

In recent years, Prime members have been treated to two exclusive sales – Prime Day in July and Prime Big Deal Days, which typically takes place in October.

Amazon Prime Day deals

Amazon’s last Prime Day sale kicked off on July 8 and ran for four days, ending on July 11.

During the sale, Prime subscribers scored discounts on everything from tech and kitchen essentials to hair and beauty bargains and robot vacuum cleaners.

We also spotted plenty of deals on Amazon devices such as Echo speakers, Fire TVs, and Ring security systems, plus major price drops on top brands and trending tech products, such as dash cams, and we’re predicting similar savings next week.

It’s the last major sales event from Amazon ahead of Black Friday – so make sure you don’t miss out, especially if you’re hoping to get a head start on your Christmas shopping or pick up a few affordable winter essentials.

Just remember: to take advantage of the deals, you’ll need an Amazon Prime subscription (there’s a 30-day free trial), currently costing £8.99 per month or £95 per year.

Jump to…

When does Amazon Prime Day 2025 start?

Amazon’s second Prime Day sale of the year, Prime Big Deal Days, will take place on October 7, 2025.

The two-day shopping event ends on October 8, 2025.

In 2024, Amazon Prime Big Deal Days ran from October 8 to 9.

Amazon Prime Day: The best deals live now

We’ve rounded up a wide range of deals you can shop right now.

Best Amazon home deals

• Treadmill Walking Pad Running Machine, £149.99 for Prime members (was £599.99) – buy here
• LEENON Dehumidifiers for Home, £109.99 (was £159.99) – buy here
• Amazon Smart Air Quality Monitor (Newest gen), £26.99 (was £69.99) – buy here
• Alexander Graham 3 Tier Heated Clothes Airer Dryer, £92.65 (was £109) – buy here
• Slumberdown Sleepy Nights Electric Blanket King Size, £32.60 (was £42.99) – buy here
• Slumberdown Feels Like Down King Size Duvet 13.5 Tog, £21.56 (was £31.19) – buy here
• Yankee Candle Scented Candle Vanilla Cupcake Large Jar, £16.99 (was £29.99) – buy here
• Roborock Q10 S5+ Robot Vacuum, £349.99 (was £399.99) – buy here
• VACTechPro V15 Cordless Vacuum Cleaner, £79.97 (was £129.99) – buy here
• Keplin 9L Dual Zone Air Fryer, £50.99 (was £89.99) – buy here
• Nespresso Vertuo Plus Automatic Pod coffee machine, £75.98 (was £139) – buy here
• SodaStream Terra Sparkling Water Maker, £54.99 (was £109.99) – buy here
• Ninja Perfect Temperature Kettle, £79 (was £99.99) – buy here
• Tefal Induction Non‑Stick Coating 5‑Piece Cookware Set, £66.99 (was £150) – buy here
• Tefal Blendforce II Blender, £29.99 (was £49.99) – buy here

Best Amazon everyday essentials deals

• Finish Dishwasher Tablet (73 tablets), £9.53 (was £12.50) – buy here
• Calgon 4-in-1 Washing Machine Cleaner and Water Softener Tablets, £17.95 (was £23.33) – buy here
• Lenor Outdoorable Fabric Conditioner 480 Washes (8×60), £23.80 (was £40) – buy here
• Comfort Pure Sensitive Fabric Conditioner 4.8 L, £6.64 (was £9) – buy here
• Vanish Professional Oxi Action Carpet & Upholstery Stain Remover Spray, £7 (was £10.35) – buy here
• Dettol Antibacterial Laundry Sanitiser, £13.51 (was £19) – buy here
• Fairy MaxPower Washing Up Liquid Lemon 8 x 545 ML, £20.32 (was £24) – buy here
• Splesh by Cusheen 3-ply Toilet Roll Aloe Vera Fragrance (72 Pack), £21.84 (was £32.99) – buy here
• Flash Speedmop Mrs Hinch’s Wet Mop Head Floor Cleaner Starter Kit, £10 (was £16) – buy here
• Energizer Alkaline Power – AA Batteries (24 Pack), £11.04 (was £12.99) – buy here
• Heinz Salad Cream Extra Light 415g, £2.21 (was £3.39) – buy here
• Heinz Baked Beans Snap Pots 200g (4 pack), £2.66 (was £3.50) – buy here
• FELIX Tasty Shreds Mixed Selection in Gravy Wet Cat Food 40x80g, £12.30 (was £20.77) – buy here

Best Amazon tech deals

• Power Bank Fast Charging 26800mAh, £26.99 for Prime members (was £219.99) – buy here
• Echo Pop (Newest gen), £22.99 (was £44.99) – buy here
• Amazon Fire HD 10 tablet (newest gen), £69.99 (was £149.99) – buy here
• Amazon Fire HD 8 tablet (newest gen), £49.99 (was £99.99) – buy here
• Amazon Fire Max 11 tablet (newest gen), £129.99 (was £249.99) – buy here
• Amazon Fire HD 8 Kids Pro tablet (newest gen), £69.99 (was £149.99) – buy here
• Made for Amazon BuddyPhones Bluetooth Child Headphones with Boom Microphone, £19.49 (was £39.99) – buy here
• Kindle Scribe (2022 release), £199.99 (was £329.99) – buy here
• Apple 2025 MacBook Air 13-inch Laptop with M4 chip, £849 (was £999) – buy here
• Samsung Galaxy A16 4G Android Smartphone, £119 (was £169) – buy here
• Soundcore by Anker P20i True Wireless Earbuds, £16.99 (was £29.99) – buy here
• Amazon Fire TV 32-inch 2-Series, £169.99 (was £249.99) – buy here
• Amazon Fire TV Stick 4K (Newest gen), £25.99 (was £59.99) – buy here
• New Blink camera (Outdoor 4) + Blink Mini 2 White, £31.49 (was £99.98) – buy here
• Ring Battery Video Doorbell (2024 release), £39.99 (was £99.99) – buy here

Best Amazon beauty deals

• La Roche-Posay Effaclar Duo+M Anti-Breakout Corrective Gel Moisturiser, £15.68 (was £20.90) – buy here
• Olay Super Serum 30ml, £18.89 (was £39.99) – buy here
• Weleda Skin Food, £8.95 (was £12.07) – buy here
• COSRX Advanced Snail 96 Mucin Power Essence 100ml, £15.85 (was £23.99) – buy here
• L’Oréal Paris Laser Renew Triple Action Anti-Ageing Night Cream, £14.99 (was £29.99) – buy here
• Mighty Patch Original Spot Patches by Hero Cosmetics, £9.89 (was £17.99) – buy here
• Philips Electric Shaver 3000 Series, £54.99 (was £139.99) – buy here
• Remington PROluxe Midnight Hair Dryer, £29.99 (was £84.99) – buy here
• Pantene Molecular Bond Repair Intensive Hair Mask with Biotin 300ml, £4.71 (was £10) – buy here
• COLOR WOW Dream Coat Supernatural Spray, £19 (was £27) – buy here
• Olaplex No. 4 Bond Maintenance Shampoo, £18.90 (was £28) – buy here
• Maybelline New York Lash Sensational Sky High Mascara, £7.69 (was £12.99) – buy here
• Maybelline Instant Anti Age Eraser Eye Concealer, £6.50 (was £9.99) – buy here
• OPI Infinite Shine Nail Polish Red, £6.73 (was £18) – buy here
• Sarah Jessica Parker Lovely EDP Spray 200ml, £17.75 (was £96.70) – buy here

Best Amazon garden deals

• TIKTALK Garden Rake 175cm, £15.99 (was £19.99) – buy here
• Murray 18V Lithium-Ion Leaf Blower Kit, £49.99 (£79) – buy here
• Garden Broom, £15.39 (was £19.99) – buy here
• ZELATAN 52cm Cordless Hedge Trimmer, £40.99 (was £59.99) – buy here
• Byhagern Lawn Edging Tool, £20.30 (was £29.99) – buy here
• Patio Weed Remover Tool with Long Handle, £16.99 (was £19.99) – buy here
• Enzeno Outdoor Garden Furniture Set Covers, £26.99 (was £40.99) – buy here
• WFX Leather Gardening Gloves, £5.94 (was £7.99) – buy here
• Pelle & Sol 60L Multi-Purpose Compost, £12.95 (was £16.99) – buy here
• Miracle-Gro Evergreen Complete 4-in-1 Lawn Food, £18.90 (was £22.99) – buy here
• Ninja Woodfire Electric BBQ Grill & Smoker, £199.99 (was £299.99) – buy here
• Jamie Oliver by Tefal Outdoor Gas Pizza Oven, £237.49 (was £349.99) – buy here

Best Amazon toy deals

• LEGO Ideas Disney Pixar Luxo Jr. Lamp Building Set, £44.99 (was £59.99) – buy here
• LEGO Mario Kart, £109.99 (was £149.99) – buy here
• LEGO Botanicals Orchid, £29.99 (was £44.99) – buy here
• LEGO Harry Potter Book Nook: Hogwarts Express Set with a Train Toy, £67.99 (was £89.99) – buy here
• LEGO Halloween Barn, £9.99 (was £12.99) – buy here
• Monopoly Harry Potter Edition, £21.99 (was £37.99) – buy here
• MEGA Pokémon Charizard Action Figure, £14.99 (was £22.99) – buy here
• Paw Patrol Adventure Bay Bath Playset, £19.99 (was £29.99) – buy here
• PAW Patrol Fire Rescue Command Center with Marshall Figure, £37.49 (was £49.99) – buy here
• AOLEVA Wooden Afternoon Tea Set for Toddler, £14.75 (was £17.35) – buy here
• Pukomc 36/60in Toddler Trampoline for Kids, £26.59 (was £49.99) – buy here
• LeapFrog Build-a-Slice Pizza Cart, £39.99 (was £59.99) – buy here

Best Prime Day deals on Amazon services

During the sales event, Amazon offers promotional deals and free trials on several services, including Prime.

Here are just a few of our favourite deals you can snap up today:

When was the last Prime Day event?

The last Prime Day sale took place between July 8 and July 11, 2025, giving bargain hunters four days to shop exclusive deals.

Prime members were treated to thousands of discounts across everything from tech and beauty to home essentials and fashion, with many items hitting their lowest-ever prices.

Here are the dates of past Prime Day sales:

• 2015: 15 July
• 2016: 12 July
• 2017: 11-12 July
• 2018: 17-18 July
• 2019: 15-16 July
• 2020: 13-14 October
• 2021: 21-22 June
• 2022: 12-13 July
• 2023: 11-12 July
• 2024: 16-17 July
• 2025: 8-11 July

Do I need to be a Prime member to take part in Prime Day?

Yes, if you want access to the Prime Day deals, you’ll need to sign up for a Prime membership.

Never been a member before? You’re in luck – Amazon offers a 30-day free trial for newbies.

This essentially gives you full access to the mammoth sale and all the Prime perks, without spending a penny.

Just be sure to set a reminder – you’ll need to cancel before the 30-day trial ends to avoid being charged the £8.99 monthly fee.

If you’re planning to keep Prime long-term, you can save by opting for the annual membership at £95.

How much is Amazon Prime?

An Amazon Prime membership costs £8.99 per month or £95 for the whole year – but with all the perks on offer, it could save you a fortune.

Amazon’s yearly subscription service gives you access to a treasure trove of benefits, from quick delivery to binge-worthy telly and exclusive discounts.

The annual membership works out cheaper than paying monthly, saving you nearly £13 over the year – perfect if you’re planning to stick with Prime long-term.

Not sure if it’s worth splashing the cash? Amazon offers a 30-day free trial for new members (or anyone who hasn’t been a member in the last 12 months).

This means you can enjoy all the Prime perks, including access to the Amazon sale, without spending a penny – just remember to cancel before the 30 days are up if you don’t want to be charged.

Do Prime Day deals change daily?

The Prime Day discounts are a bargain hunter’s dream.

The mega-sale features a mix of different deal types, including:

• “Deals of the day,” which last a limited time – or vanish even quicker if stock runs out.
• Limited “lightning deals” which appear and disappear in the blink of an eye once stock is gone.
• Some offers (particularly Amazon’s own devices) will stick around for the full sale period.

How long will Prime Day 2025 deals last?

As mentioned above, Prime Big Deal Days is a two-day event that will take place between October 7 and 8, 2025.

The sale is slightly shorter than July’s Prime Day event, which gave shoppers four days of unmissable deals.

It was the biggest Prime Day event to date, with customers saving billions on deals across more than 35 product categories.

Our top tip? If you spot something you’ve been eyeing up with a massive discount, grab it quickly.

Hesitate and you’ll likely miss out – these deals wait for no one!

Does Amazon have Prime Day deals on everything?

Prime Day is a shopaholic’s dream, with discounts across virtually every Amazon department.

Here are several categories worth checking out:

Whether you’re shopping for yourself or hunting for gifts, you’ll find something on sale in whatever category catches your eye.

Can students take part in Prime Day?

Yes, students can get in on all the Prime Day bargains.

Amazon offers students a special Prime Student membership that comes with the same perks as regular Prime but at a serious discount – just £4.49 monthly.

Even better, students get an incredible six-month free trial (compared to the normal 30 days), giving you access to all the Prime Day deals without spending a penny.

To qualify, you’ll need:

• A valid university email address
• Proof of enrollment

The student discount lasts for four years or until you graduate (whichever comes first) – making this one of the best bargains going for cash-strapped students.

How do I cancel my Amazon Prime 30-day free trial after Prime Day?

If you’re taking advantage of an Amazon Prime trial to grab Prime Day bargains, you’ll need to cancel before your 30 days are up to avoid being charged the full membership fee.

Luckily, cancelling is a doddle – here’s exactly how to do it:

On your phone or tablet:

1. Open the Amazon app and tap the profile icon at the bottom
2. Tap ‘Your Account’
3. Select ‘Manage Prime Membership’
4. Tap ‘Manage Membership’ at the top
5. Hit ‘Update, cancel and more’
6. Scroll down and tap ‘End membership’

On your computer:

1. Head to Amazon.co.uk/gp/primecentral
2. Click ‘Update, cancel, and more’ below ‘Membership’
3. Click ‘End membership’
4. Select the yellow ‘Cancel My Benefits’ button
5. Click ‘Continue to Cancel’
6. Confirm by clicking ‘Cancel Membership’

Even after cancelling, you’ll still keep all your Prime benefits until the end of your trial period.

You’ll see the exact end date displayed on the screen after cancelling.

If you end up forgetting to cancel and get charged, Amazon may offer a full refund if you haven’t used any Prime benefits since the trial ended.

How often is Amazon Prime Day?

Amazon Prime Day typically takes place once a year in July.

The retail giant also hosts a second major sales event in October, known as Prime Big Deal Days.

In addition to these two events, Amazon runs regular sales throughout the year, including a Spring Sale in March.

The retailer also offers unbeatable deals during Black Friday and Cyber Monday, so there are plenty of opportunities to save.

CHERYL is selling her four million pound mega mansion she once shared with her ex husband.

The Girls Aloud singer, 42, lived in the posh Hertfordshire pad during her brief second marriage to Jean-Bernard Fernandez-Versini.

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Cheryl has now put the huge house on the market for a cool £4M.

It was previously listed in 2017 for £5M, but has since dropped in price.

The Fight For This Love singer’s impressive property comes complete with six bedrooms, a swimming pool and a cinema.

The stunning 8,500 sq ft home also has a bar, wine cellar, huge living room and sprawling garden.

The star pad has a brick exterior and includes a round wing known as The Kiln.

The house actually featured on Channel 4‘s Britain’s Most Expensive Houses

On the show, estate agent Jeremy Fine said of the property: “It’s actually one of my favourite homes I’ve ever dealt with. It’s been super popular with a huge amount of big names, footballers, A-list celebrities.

“Cheryl Cole was living here at the height of her fame and it was an incredible hideaway for her because this house is so tucked away.” Let’s take a look inside…

Cheryl lived at the home with Frenchman Jean for the brief time they were married, and it was built not long before they moved in, in 2015.

The former couple met during Cannes Film Festival in 2014 before tying the knot in a private ceremony on the Caribbean island of Mustique in July of the same year.

However the marriage fell apart and after months of speculation, the split was confirmed in January 2016, and the couple were granted a decree nisi in October of the same year.

Meanwhile, it comes just days after Cheryl made her first red carpet appearance since the passing of her ex, Liam Payne.

The One Direction star, who Cheryl shares son Bear with, passed away last October.

On Tuesday, she was seen at London‘s Lyric Theatre alongside fellow Girls Aloud star, Kimberley Walsh, to support their bandmate Nicola Roberts in her West End debut in the production of Hadestown.

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Cheryl has largely been out of the public eye since Liam Payne‘s passing.

She was last seen on-stage with her Girls Aloud bandmates when they headlined Brighton Pride last August.

The band have been closer than ever after rallying around one another following Sarah Harding‘s tragic passing in 2022.

As well as supporting each other privately, they came together for a huge reunion tour in 2024 which went on to become the UK’s biggest arena tour of the decade so far.

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Cullen Capital Management, LLC disclosed the sale of 6,565,339 shares of Kenvue (KVUE -0.67%) for the period ended Q2 2025. The transaction was valued at an estimated $149.46 million.

What happened

Cullen Capital Management, LLC reported in a September 30, 2025SEC filingthat it reduced its position in Kenvue by 6,565,339 shares during Q2 2025. The estimated value of the shares sold was $149.46 million, based on the average closing price for the quarter. After the trade, Cullen retained 2,484,940 shares valued at $52.01 million as of Q2 2025.

What else to know

The fund trimmed its Kenvue stake, which now represents 0.6% of 13F assets under management as of June 30, 2025.

Top holdings after the filing:

• JPM: $303.61 million (3.5% of AUM) as of Q2 2025.
• CSCO: $279,989,672 (3.1889% of AUM) as of June 30, 2025.
• BAC: $260,614,250 (2.9682% of AUM) as of June 30, 2025.
• NVS: $253.74 million (2.9% of AUM) as of 2025-06-30.
• DUK: $241,854,363 (2.7545% of AUM) as of June 30, 2025.

As of September 29, 2025, shares were priced at $16.34, down 29.4% over the past year, lagging the S&P 500 by 42.63 percentage points

Company Overview

Company Snapshot

Kenvue Inc. generates revenue through a diversified portfolio of consumer health products, including over-the-counter medicines, skin and beauty care, and essential health items under brands such as Tylenol, Neutrogena, and Listerine.

The company operates worldwide through three segments: Self Care, Skin Health and Beauty, and Essential Health.

Kenvue Inc. offers healthcare, personal care, and wellness products globally.

Kenvue Inc. is a global consumer health company with a broad portfolio of well-established brands and a strong presence in the over-the-counter and personal care markets. Its strategic focus on essential health and self-care positions it competitively within the consumer defensive sector.

Foolish take

Cullen Capital reduced Kenvue’s stake to 0.6% of assets under management after selling 6.6 million shares. This is notable because KVUE stock has fallen nearly 30% over the past year, and has badly lagged the S&P 500 by about 43 percentage points.

Institutions trim for many reasons, from portfolio rebalancing to risk control. Still, the consumer health sector is typically defensive, and KVUE’s underperformance shows that not all staples are immune to market headwinds. Kenvue continues to generate $1.4 billion in profit and offers a 5.07% dividend yield, underscoring its appeal to income-focused investors.

Looking ahead, the key question lies in whether this weakness reflects turbulence or a deeper challenge to Kenvue’s growth and margin profile. Investors should monitor whether Kenvue can deliver stabilized earnings and sustain its dividend. If not, more institutions may follow Cullen’s lead.

Glossary

13F assets under management (AUM):The total value of securities reported by institutional investment managers in quarterly SEC Form 13F filings.
Dividend yield:The annual dividend payment divided by the stock’s current price, expressed as a percentage.
Quarter (Q2 2025):The second three-month period of a company’s fiscal year, here referring to April–June 2025.
Top holdings:The largest investments in a fund’s portfolio, typically by market value or percentage of assets.
Consumer defensive sector:Industry group including companies providing essential goods, like food, beverages, and household products, less sensitive to economic cycles.
Over-the-counter medicines:Drugs available without a prescription, used to treat common health issues.
Portfolio:A collection of investments held by an individual or institution.
Lagging the S&P 500:Underperforming the S&P 500 index, meaning a lower return compared to this benchmark.
TTM:The 12-month period ending with the most recent quarterly report.

Summit Financial Wealth Advisors, LLC disclosed in a Monday filing with the Securities and Exchange Commission that it sold 101,515 shares of food distribution giant Sysco(SYY -0.11%), cutting the vast majority of its stake in the firm.

What happened

According to a Monday SEC filing, Louisiana-based Summit Financial Wealth Advisors, LLC sold 101,515 shares of Sysco during the quarter ended June 30. The estimated transaction value was $7.4 million based on the average closing price for the quarter. The fund’s remaining Sysco holding totaled 4,295 shares, worth $325,266, meaning the firm cut about 95% of its stake.

What else to know

The transaction reduced the Sysco position to 0.1% of fund AUM, down from 1.6% in the prior quarter.

Top holdings after the filing:

• SCHD: $53.05 million (9.5% of AUM)
• VUG: $49.21 million (8.8% of AUM)
• VYMI: $36.55 million (6.6% of AUM)
• NOBL: $24.6 million (4.4% of AUM)
• SPBO: $23.2 million (4.2% of AUM)

As of Monday, Sysco shares were priced at $81.72, up about 5% year over year but underperforming the S&P 500 by more than 10 percentage points during the same period.

Company Overview

Company Snapshot

Sysco distributes a broad range of food products—including frozen foods, fresh meats and seafood, dairy, canned and dry goods, beverages, and non-food supplies—to the foodservice industry.

The company generates revenue primarily through large-scale distribution operations, leveraging its logistics network to supply restaurants, healthcare, education, hospitality, and other institutional clients.

Sysco’s primary customers include restaurants, hospitals, nursing homes, schools, hotels, and other foodservice providers across North America and select international markets.

Sysco is a leading global food distribution company with a significant presence in North America and international markets.

Foolish take

Summit Financial’s decision to unload nearly all of its Sysco shares is notable, but it doesn’t necessarily mean the firm has lost confidence in the food distributor. Large managers regularly rebalance portfolios to free up cash or reallocate into higher-conviction ideas. In this case, Sysco had been a modest position for Summit—reflecting less than 2% of reportable assets—and now barely registers at just 0.1%.

For investors, the bigger question is how Sysco stacks up in today’s market. Shares have risen just over 5% in the past year, a steady climb but well short of the S&P 500’s double-digit gains. The lag highlights Sysco’s profile: It’s a defensive stock with dependable cash flows and a long history of paying dividends, not a high-growth story. Its dividend yield is about 2.6%, compared to an average of about 1.25% for the broader S&P 500.

Nevertheless, recent headlines—including a $388 million deal with the U.S. Navy and continued investments in distribution facilities—underscore Sysco’s ability to secure stable revenue streams. Still, the stock’s performance will ultimately depend on restaurant traffic and consumer confidence, both of which are highly sensitive to broader economic trends.

Glossary

13F assets: Securities and assets that institutional investment managers must report quarterly to the Securities and Exchange Commission (SEC) if above a certain threshold.
AUM (Assets Under Management): The total market value of investments managed by a fund or financial institution on behalf of clients.
Dividend Yield: A financial ratio showing how much a company pays in dividends each year relative to its share price.
Distribution operations: The logistical processes involved in delivering products from suppliers to customers, often on a large scale.
Institutional clients: Organizations such as pension funds, endowments, or corporations that invest large sums of money.
Logistics network: The system of transportation, warehousing, and coordination used to move goods efficiently from suppliers to customers.
Reportable: Refers to holdings or transactions that must be disclosed to regulators, such as the SEC, due to their size or nature.
TTM: The 12-month period ending with the most recent quarterly report.
Underperforming: Delivering a lower return compared to a benchmark or index over a specific period.

The key NATO front-line state is bolstering its defence as the threat of a Russian incursion into its territory grows.

The United States State Department has announced it has approved the sale of Javelin Missile Systems and related logistical equipment to Poland for an estimated $780m, as the key NATO front-line state bolsters its defences with the threat of Russian incursions growing.

Announcing the potential sale in a statement on Thursday, the US Defense Security Cooperation Agency (DSCA) said the Polish government had requested to buy 2,506 FGM-148F Javelin missiles and 253 Javelin Lightweight Command Launch Units.

Javelins are a portable, shoulder-fired missile system used to target tanks, lighter armoured vehicles, bunkers, and low-flying aircraft.

In addition, Poland will receive non-MDE (Major Defense Equipment) as part of the package, including missile simulation rounds, battery coolant units, toolkits, spares support, as well as training and US government and contractor technical assistance.

The US agency said it had already notified Congress of the potential sale for approval.

“This proposed sale will support the foreign policy and national security of the United States by improving the security of a NATO Ally that is a force for political and economic stability in Europe,” the DSCA said in a statement.

“The proposed sale will improve Poland’s capability to meet current and future threats by upgrading its existing legacy Command Launch Units and increasing its defence inventory, thereby reinforcing its capability to protect Polish sovereign territory and improving its ability to meet NATO requirements,” it added.

Also on Thursday, Polish Defence Minister Wladyslaw Kosiniak-Kamysz said Poland would sign a cooperation agreement with Kyiv for Ukraine’s military to train Polish soldiers and engineers in drone defence methods.

The announcement came just a week after Polish and NATO forces shot down more than 20 drones violating the country’s airspace during a Russian aerial attack on neighbouring Ukraine.

The September 10 incident was the first time that Polish and NATO forces had become engaged in the conflict, with Ukraine claiming that Moscow was using drone incursions to test the West’s willingness to respond to aggression.

Russia said its forces had not intended to hit Polish targets and had been attacking Ukraine at the time of the aerial incursion.

Denmark also announced this week that it will acquire long-range, high-precision weapons for the first time to deter Russia, in what Danish Prime Minister Mette Frederiksen described as a “paradigm shift in Danish defence policy”.

Frederiksen said Russia constitutes a threat to Denmark for “years to come”, even if there is no imminent danger of an attack.

“With these weapons, the defence forces will be able to hit targets at long range and, for example, neutralise enemy missile threats,” she said.

Ukraine, meanwhile, is hoping to soon receive $3.5-3.6bn worth of weapons through the Priority Ukraine Requirements List initiative, a new mechanism allowing NATO states to finance the transfer of US-sourced weapons and technology to Kyiv.

TEN of the cheapest new cars on sale right now in the UK have been revealed.

Experts have also outlined their thoughts on the selection of new vehicles.

Top Gear gave advise on the list of the ten cheapest cars currently on sale, which includes a bizarre “micro car”.

1. Citroen Ami – £7,695

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At the top of the list is the Citroen Ami that is being sold for “the price of a well-used BMW 3 Series”.

It appears to have the “bones” of a quadricycle with a very boxy shape.

This Citroen comes with an 8bhp electric motor, and 5.5kWh.

Top Gear analysts said it was “fun to use and an entirely loveable object” which can reach top speeds of 28mph.

2. Leapmotor T03 – £14,495

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This is a small Chinese electric car that appears well built.

And its price of £14,495 includes a Leapmotor grant of £1,500.

Even though it is small, the interior is still quite roomy and reasonably comfortable.

“The Dacia Spring has already shown that cheap cars like this can have character, something the T03 severely lacks,” reviewed Top Gear.

3. Dacia Sandero – £14,715

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When it first came into the UK, the Dacia Sandero actually cost just £8,000.

However, it is still the cheapest “proper” petrol-powered car that can be bought in the country at the moment.

The vehicle has been described as “simple”, “spacious”, and one that “absolutely nails the brief” for allowing passengers to get from one place to another.

Top Gear’s verdict on the Dacia Sandero was: “If you don’t in the least bit care about cars, this is probably what you should buy.”

4. Dacia Spring – £14,995

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This car is small, electric and cheap for new cars generally.

It has also been considered “simple” but “fun” like its bigger sibling.

Top Gear stated: “It proves to everyone else it is possible for a BEV to weigh largely the same as its petrol equivalent.

“Well done Dacia.”

5. Kia Picanto – £16,695

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The latest Picanto from Kia is aligned with the maker’s belief in The Small Car,

While looking great, it has a fun motor that offers enough practicality for urban life.

“For a first car or something that’s just needed as a runabout, you can’t go at all wrong with the Picanto,” said Top Gear.

6. Toyota Aygo X – £16,845

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This is a 1.0L, three-cylinder-engined car ideal for the city.

It also has a 71bhp that comes through the front wheels for an exciting 0-62 mph in 14.9 seconds.

For the city, this is surely sufficient because it is unlikely you will going faster than 5mph much.

Top Gear’s verdict on the Aygo X was: “It rides and steers impressively well, although the little three-cylinder engine can feel a little gutless.”

7. Microlino – £16,990

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The Microlino is said to be “becoming the cutest, most adorable thing on the road at any given point”.

It is a “micro” car though so doesn’t leave any room for passengers.

Basically a life-sized, portable, electric Playmobil toy.

“As a car it’s flawed,” admits Top Gear.

“Think of it more as a pet.

“Not brilliantly house-trained, but somehow kinda loveable.”

8. Hyundai i10 – £17,100

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This Hyundai is thought to be the most sophisticated version of the humble i10 yet.

It offers fairly impressive levels of technology and tools, with some decent space inside.

A good overall small car, especially for the price.

“Well done Hyundai for having come up with a fresh city car when lots of other car-makers have canned theirs,” said Top Gear.

9. MG 3: £17,245

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The third generation of the Chinese car maker is small, but not a bad drive.

It’s simple, with a more refined interior to make a good all-rounder.

There is still room for improvement in the ride as Top Gear suggests: “If you can ignore the badge snobbery, you could do a lot worse.”

10. Fiat Grande Panda (hybrid) – £18,035

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This vehicle marks a return for Fiat in making motors that are cheap but fun and full of character.

Top Gear writes: “It has a cheery countenance and knowing sense of heritage.

“We approve.”