CABLE NEWS INTERNATIONAL LIMITED

• ◆

  Material uncertainty over going concern

  Although the director currently has no reason to believe that the Company will be unable to continue as a going concern after the completion of the PSKY Merger, the inability to fully assess the future financial and operational framework of the Company following the aforementioned transactions, including any future refinancing, indicates a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern.

• ·

  Going-concern uncertainty disclosed

Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. CABLE NEWS INTERNATIONAL LIMITED 2004-04-16 → present
2. CABLE NEWS LIMITED 2003-12-22 → 2004-04-16

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Although the director currently has no reason to believe that the Company will be unable to continue as a going concern after the completion of the PSKY Merger, the inability to fully assess the future financial and operational framework of the Company following the aforementioned transactions, including any future refinancing, indicates a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern.”

Significant events

• “In January 2026, WBD, Inc., the ultimate parent company, entered into an amended and restated agreement and plan of merger, by and among WBD, Inc., Netflix, Inc. ("Netflix"), Nightingale Sub, Inc., a wholly owned subsidiary of Netflix, and New Topco 25, Inc., a wholly owned subsidiary of WBD, Inc.”
• “Following the WBD, Inc. board of directors' determination that it had received a "Company Superior Proposal"...WBD, Inc. terminated the Netflix Merger Agreement...PSKY...paid Netflix a termination fee of $2.8 billion in cash.”
• “On 27 February 2026, WBD, Inc. entered into an agreement and plan of merger, by and among WBD, Inc., PSKY, and Prince Sub Inc., a wholly owned subsidiary of PSKY ("Merger Sub").”
• “On 8 May 2026, a fire occurred at the Company's premises located at 160 Old Street London EC1V 9BW England. The fire likely resulted in damage to certain property, equipment, and office facilities used in the Company's operations.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.