London has long been considered the financial and media capital of Europe. American tech and media companies (Facebook, Google) have huge offices there, and it's an English-speaking toehold for American firms doing business on the continent.
Brexit probably won't upend that completely; thousands and thousands of workers aren't going to learn German or Dutch over two years, and it's likely that the EU and the U.K. will work out some agreement to maintain trade and labor ties.
But that doesn't mean there aren't consequences for firms in the media business or for the media sector in London.
Read Full Article »