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RedBird IMI, funded by Abu Dhabi, cancels its intention to acquire ITV studios.

ITV has been heavily investing in its production division, known for creating Disney+'s competitive series, featuring David Tennant prominently.

RedBird IMI, a company funded by Abu Dhabi, renounces its intent for acquiring ITV studios.
RedBird IMI, a company funded by Abu Dhabi, renounces its intent for acquiring ITV studios.

RedBird IMI, funded by Abu Dhabi, cancels its intention to acquire ITV studios.

In the world of media and finance, there have been some notable developments recently. Let's break down the latest news surrounding ITV, RedBird IMI, and various financial services companies.

Firstly, it's important to clarify that no sale of ITV's production arm, ITV Studios, has been confirmed. However, ITV Studios is responsible for the production of Disney+'s Rivals, starring David Tennant, and Netflix's Run Away, among other significant projects.

Meanwhile, RedBird IMI, led by Jeff Zucker, has abandoned plans to buy ITV's production arm. Zucker, during a conference in Cambridge, expressed his concerns about the regulatory environment in the UK, stating that it needs to change for the UK to thrive. He did not reveal specific details about RedBird IMI's future investment plans.

London, it seems, is not an ideal location for RedBird IMI to invest in companies for potential public listing. This is Money, an editorial team that chooses the deals to be highlighted without being influenced by the commission earned, has highlighted several financial services companies that offer various investment accounts. These include Trading 212, Hargreaves Lansdown, AJ Bell, Interactive investor, and InvestEngine. Each of these companies offers a 'learn more' option for those interested in learning more about their services.

Comparing the best investing account can help individuals make informed decisions about their investments. It's essential to research and understand the terms and conditions before making a commitment.

On a separate note, the US Federal Reserve has recently cut interest rates for the first time this year. For more information on this topic, you can read our related article.

Lastly, it's worth mentioning that affiliate links are present in this article. Taking out a product may result in This is Money earning a commission. However, the editorial independence of This is Money is maintained.

As always, it's crucial to stay informed and make decisions based on factual information. We hope this article provides a clear and concise overview of the latest developments in the media and finance industries.

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