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All told, Barclays, HSBC and Bank of Ireland could face a tax bill up to £11 billion for their role in EIS tax avoidance schemes.
Last year was the first year that global viewers spent more on online video streaming services than attending movie theaters.
The European Commission’s Digital Single Market strategy will destroy Europe’s independent film and television market in favor of global technology companies.
More and more consumers are piecing together entertainment content from multiple services rather than relying on a traditional cable television package.
The team at Apple responsible for the rollout of its new streaming service has been calling it a “Netflix Killer.”