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☆ Disney+ will stream Caitlin Clark's WNBA debut in the platform's first live sports event
▼ + stars: | 2024-05-14 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

The WNBA regular season opens Tuesday night with breakout star Caitlin Clark making her debut as point guard for the Indiana Fever. Following Clark's debut at 7:30 pm ET against the Connecticut Sun, Disney+ will stream the Phoenix Mercury vs. Las Vegas Aces matchup. Discovery's exclusive TV rights for NBA games is currently under negotiation. The WNBA's existing media rights deal expires in 2025. "They covet younger fans, and this is how younger fans view their sports these days, it is through streaming," Rishe told CNBC's "Worldwide Exchange" Tuesday.

Persons: Caitlin Clark, Destanni Henderson, Clark, It's, Engelbert, Patrick Rishe, Rishe, CNBC's, Lionel Messi Organizations: Indiana, Atlanta, WNBA, Gainbridge Fieldhouse, Indiana Fever, Disney, Connecticut Sun, Phoenix Mercury, Las Vegas Aces, ESPN, Warner Bros . Discovery, Fox Corp, Warner Bros, NBA, Sports Business, Washington University's Olin Business School, Apple, Major League Soccer, Apple TV Locations: Gainbridge, Indianapolis , Indiana, Iowa

☆ ESPN, League One Volleyball sign media deal for inaugural pro season
▼ + stars: | 2024-05-09 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

ESPN and League One Volleyball have reached a multi-year media rights deal, starting with the league's inaugural professional volleyball season, LOVB announced Thursday. ESPN will air 10 LOVB Pro matches across its linear networks and 18 matches on ESPN+ as part of the first season, which begins in January. LOVB operates 47 youth volleyball clubs in 22 states across the U.S. with more than 1,200 youth teams. Spaulding told CNBC in an interview the introduction of a professional league makes the business a "true youth-to-pro ecosystem." LOVB Pro matches will also be available on ESPN platforms in select countries and territories such as Canada, the Caribbean, Latin America, Sub-Saharan Africa, Australia and New Zealand.

Persons: LOVB, Daniel Margulis, ESPN's, It's, LOVB's, Rosie Spaulding, Spaulding Organizations: ESPN, League, Disney, Fox Corp, Warner Bros, CNBC Locations: Austin , TX, Atlanta, Austin , Texas, Houston, Madison , Wisconsin, Omaha , Nebraska, Salt Lake City, American, Canada, Caribbean, Latin America, Saharan Africa, Australia, New Zealand

☆ Warner Bros. Discovery misses first-quarter estimates despite streaming growth
▼ + stars: | 2024-05-09 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

In this article WBD Follow your favorite stocks CREATE FREE ACCOUNTIn this photo illustration, the Warner Bros. Here is how Warner Bros. Discovery performed, compared with estimates from analysts surveyed by LSEG: Loss per share: 40 cents vs. 24 cents loss expected40 cents vs. 24 cents loss expected Revenue: $9.96 billion vs. $10.231 billion expected Warner Bros. Warner Bros. While NBCUniversal holds the U.S. rights for the Olympics, airing the games on its TV networks and Peacock streaming service, Warner Bros.

Persons: Rafael Henrique, Discovery, —, Max, Hulu —, I've, David Zaslav, Zaslav, NBCUniversal, Discovery's Max Organizations: Warner Bros, Getty, Discovery, TNT, Justice League, Disney, Hulu, CNBC, Warner Bros . Discovery, Fox Corp, Sports, NBA, Olympics Locations: U.S, Paris, Europe

Disney and Warner Bros. Discovery are planning to offer their streaming services — Disney+, Hulu and Max — in a bundle mirroring the traditional cable TV package, the companies said Wednesday. Disney will essentially act as the distributor in this case, collecting subscription fees from subscribers and paying out Warner Bros. Warner Bros. Disney has been offering its streaming services — Disney+, Hulu and ESPN+ — as a bundle for sometime.

Persons: Max —, Lachlan Murdoch Organizations: Disney, Warner Bros, Hulu, ABC, Fox, TNT, TBS, CNN, Discovery Channel, Food Network, Disney Channel, Warner Bros ., ESPN, Fox Corp, Warner Bros . Discovery Locations: Max

☆ Welcome to ‘the Tepid Twenties’? The US economy’s strength won’t be enough to boost global growth
▼ + stars: | 2024-05-05 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Invigorating growth is critical: When the economy expands, it improves standards of living, promotes innovation and makes households wealthier. Economic growth in Spain and France was stronger than expected last year. But the US is outperforming mainly for one key reason: Robust productivity growth. Productivity growth came in well below expectations in the first three months of the year, according to Labor Department data released last week. A “course correction” isn’t an even stronger US economy: Economic policymakers around the world need to address a range of key issues.

Persons: ” Kristalina Georgieva, ” Georgieva, ” Stephen Gallagher, Gallagher, “, ”, Hande Atay Alam, Recep Tayyip Erdogan, Israel Katz, John Williams, Neel Kashkari, Lisa Cook, Krispy Kreme, John’s, Austan Goolsbee Organizations: Washington CNN, Monetary, IMF, European Central Bank, Labor Department, Societe Generale, CNN, Reuters, Palantir Technologies, Tyson Foods, Marriott Worldwide, New York Fed, Disney, UBS, Duke Energy, Suncor, Bros, Minneapolis, Toyota, Uber, Anheuser, Busch InBev, Airbnb, Fox Corporation, News Corporation, Duolingo, Icahn Enterprises, New York Times Company, AMC Entertainment, Honda, Warner Bros Discovery, Warner Music Group, Hyatt, Hilton, Bank of England, US Labor Department, United Kingdom’s, National Statistics, University of Michigan, . Chicago Fed, China’s National Bureau of Statistics Locations: Europe, China, United States, Spain, France, Russia, Ukraine, Turkey, Israel, Gaza, Olesya, “ Turkey, Lyft, TripAdvisor

☆ Earnings will drive the market next week — what we expect from 2 portfolio stocks
▼ + stars: | 2024-05-04 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to more gains looks a lot less cluttered. This past week was chock full of Club earnings: 12 portfolio companies, including Apple , delivered results. Analysts expect Wynn's earnings per share of $1.27 versus 29 cents a year ago when China was not fully back from Covid. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jerome Powell, we're, Jim Cramer, Jim, Apple, Eli Lilly, Estee Lauder, Stanley Black, Decker, Bausch, FactSet, It's, Bob Iger, Iger, Nelson Peltz, We're, Krystal, Berkshire Hathaway, Tyson, Jones Lang, Walt, Ferrari N.V, WK Kellogg, Wynn, Vishay, CRON, MARA, RICK, Ginkgo, Jim Cramer's, David Paul Morris Organizations: Federal Reserve, Apple, GE Healthcare, DuPont, Linde, Bausch Health, Coterra Energy, Club, Disney, Wynn Resorts, CNBC, Revenue, Vegas Sands, Cotai, Boston, Airlines, Krystal Biotech, Alpha Metallurgical Resources, Axsome Therapeutics, Tyson Foods, TSN, Bowlero Corp, CNA Financial Corp, CNA, Jones Lang LaSalle Incorporated, Technologies, Realty Income Corp, Lab, Teradata Corp, Technology, FMC Corporation, FMC, Paymentus Holdings, Shockwave, Vertex Pharmaceuticals, Goodyear Tire & Rubber Company, Simon Property Group, Sterling Construction Company, Apple Hospitality, Boise Cascade Corporation, BellRing Brands, Coty, COTY, Fidelity National Information Services Inc, Vornado Realty, Walt Disney Co, Holdings, Madrigal Pharmaceuticals, Nikola Corporation, BP, Rockwell Automation, MarketAxess Holdings, Jumia Technologies, GEO Group, Builders FirstSource Inc, Duke Energy Corp, WYNN, Rivian Automotive, Arista Networks, Occidental Petroleum Corp, Astera Labs, Bros, Flywire Corporation, B2Gold Corp, Kinross Gold Corp, Virgin Galactic Holdings, iRobot Corp, Electronic Arts Inc, McKesson Corp, ACM Research, Avadel Pharmaceuticals, Toyota Motor Corp, Emerson Electric Co, Perion, Editas, Brink's Company, Sinclair Corporation, New Fortress Energy, Starwood Property Trust, Animal Health, ELAN, Farms, IM Cannabis Corp, Fox Corporation, Formula One, Icahn Enterprises, Teva Pharmaceutical Industries, Arm Holdings plc, ARM, AMC Entertainment Holdings, Trade, AppLovin Corporation, Sciences Corp, SolarEdge Technologies, Roblox Corporation, GigaCloud Technology Inc, Warner Bros ., Properties Trust, Growers, Constellation Energy Group, Cronos, Fiverr, Solar Inc, EPAM Systems, Cedar Fair Entertainment, Digital Holdings, RCI Hospitality Holdings, Akamai Technologies, Semiconductor, Insulet Corp, NuScale Power Corporation, Ginkgo Bioworks Holdings, Bloom Energy Corporation, Construction, AMC Networks, CRH Public Ltd . Company, Jim Cramer's Charitable, Allen, Co . Media, Technology Conference, Bloomberg, Getty Locations: China, Eaton, Amazon, Covid, Macao, Vegas, Sun Valley , Idaho

☆ Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.

Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan

☆ Warner Bros. Discovery’s stock plummets to new low amid concerns the media giant could lose its NBA rights
▼ + stars: | 2024-05-01 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

Discovery doesn’t “have to have the NBA.” It appears Wall Street disagrees. TNT has built a programming slate around the NBA games, most notably the highly rated ”Inside the NBA” show. Losing the rights to NBA games could throw aspects of that business partnership into question. Since WBD first began trading on Wall Street in April 2022, the stock has lost roughly 70% of its value. And for Zaslav, whose company is struggling on Wall Street, the battle could not come at a more inopportune time.

Persons: New York CNN — David Zaslav, “, WBD, —, Joe Flint, Amol Sharma, Isabella Simonetti —, Charles Barkley, Andrew Marchand, Warner, That’s, NBCU’s, I’m, Zaslav, Gunnar Wiedenfels, Wiedenfels ’, Bob Iger, David Ellison’s, ” Organizations: New York CNN, Warner Bros, NBA, CNN, Industry, WBD, TNT, The Athletic, New York Post, NCAA, MLB, NHL, NASCAR, Disney, Fox Corporation, Netflix, Paramount Global, Wall Locations: New York

☆ Hunter Biden demands that Fox News remove ‘intimate’ images from its platforms
▼ + stars: | 2024-04-29 | by ( Holmes Lybrand | Dana Bash | ) edition.cnn.com time to read: +3 min

Hunter Biden’s legal team has undertaken an aggressive legal and public relations strategy for several months. His lawyers have fired off letters demanding investigations into Hunter Biden’s opponents and filed a series of lawsuits against his detractors. Hunter Biden’s lawyers say they “anticipate” suing Fox but have not yet done so. This stepped-up strategy by Hunter Biden to defend himself against the onslaught of attacks initially stoked anxiety among some of President Biden’s political advisers. Hunter Biden has pleaded not guilty to those criminal charges.

Persons: CNN — Hunter Biden, Joe Biden’s, Hunter Biden, “, Biden, Hunter Biden’s, Hunter, ”, Biden’s, Fox, ” Hunter, Alexander Smirnov, Fox News “, Sean Hannity, Maria Bartiromo, Jesse Watters “, don’t Organizations: CNN, Fox, Fox News, FOX Corp, FOX, FBI, Republican Locations: Delaware, California

☆ Jim Cramer shares his thoughts on J&J, Ollie’s Bargain Outlet, Fox, Intel and Snowflake
▼ + stars: | 2024-04-05 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +1 min

Johnson & Johnson : J & J agreed to buy medical technology company Shockwave Medical for $12.5 billion . The deal is expected to be dilutive to earnings per share early on, Jim Cramer said, though he acknowledged there's aspects to like. "The reason I like Shockwave is [J & J wants] to own the operating room, and this has a lot of AI. Ollie's Bargain Outlet : Shares rose more than 3% after analysts at Loop Capital upgraded the retailer to buy from hold. Snowflake : Following the stock's recent post-earnings and leadership-change pullback , analysts at Rosenblatt Securities upgraded the stock to a buy rating.

Persons: Jim Cramer's, Johnson, Jim Cramer, Cramer, they've, Bernstein, Sridhar Ramaswamy, it's Organizations: CNBC, Club, Johnson, Loop, TJX Companies, Costco . Fox Corp, Seaport Research, Fox, Intel, Rosenblatt Securities

☆ Stocks making the biggest moves premarket: Krispy Kreme, Cinemark, Western Digital and more
▼ + stars: | 2024-04-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Shockwave Medical — The medical device stock rose 1.6% after Johnson & Johnson announced it would buy the company for $12.5 billion. Krispy Kreme — Shares of the doughnut chain surged 5% in premarket trading after Piper Sandler upgraded the stock to overweight from neutral. Fox Corporation Class A — The stock rose 1% following an upgrade to buy from neutral at Seaport Research. Western Digital — The semiconductor stock rose nearly 3.5% after an upgrade to buy from neutral by Rosenblatt Securities. Agilent Technologies — The life sciences applications company rose more than 1% after receiving an upgrade to buy from hold at Stifel.

Persons: Johnson, Piper Sandler, Krispy Kreme, McDonald's, Omar Mejias, Wells, Steven Cahall, Ollie's, Gro —, Rosenblatt, Daniel Arias, — CNBC's Michelle Fox, Hakyung Kim, Yun Li, Sarah Min, Jesse Pound Organizations: Johnson, USA, Scotts Miracle, Gro, Fox Corporation, Seaport Research, Rosenblatt Securities, Western, Technologies, Stifel Locations: Wells Fargo

☆ Disney streaming salary data shows Disney+ and Hulu staffers can earn as much as $385,000 in pay. See the full list.
▼ + stars: | 2024-03-18 | by ( Ashley Rodriguez | Lucia Moses | ) www.businessinsider.com time to read: +13 min

In the paid streaming wars, where only a few players will be favored, Disney has established itself as a formidable No. Disney has been pushing a lower-priced ad tier and cracking down on password sharing to drive subscriber growth at Disney+. To see what Disney and Hulu pay for certain jobs, Business Insider analyzed recent work-visa disclosures. Most of the roles were tech jobs, including data scientist and software engineer roles. Disney Streaming — $120,000 to $385,057 a yearDisney streaming roles, not including Hulu, Disney has offered between $120,000 and $385,057 a year to some candidates on US work visas.

Persons: Bob Iger, It's, Hulu, Elaine Low, Colin Salao Organizations: Disney, Netflix, ESPN, Star, Business, Netflix's, Hulu, Disney's, Fox Corp, Warner Bros, US, of Foreign Labor, Labor, Consumer, Software Engineering, Data Engineering, Business Intelligence, Software, Account, Growth, Hulu —, Management, Security, Network, Disney Entertainment, Disney Financial Services, Human Resources Services, Workforce Technology, Engineering, Disney Parks Technology, Technology, Digital, Retail Commerce, Disney Worldwide, Walt Disney Attractions Technology, Walt Disney Parks and Resorts, Walt Disney Pictures, & $ Locations: Hulu, Disney

☆ OpenAI strikes deals with more major news publishers, posing a threat to Google's dominance
▼ + stars: | 2024-03-16 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

The ChatGPT maker announced this week it had struck partnerships with two major European media organizations: France's Le Monde and Spain's Prisa Media. This story is available exclusively to Business Insider subscribers. This is a "threat" to GooglePublishers who've signed agreements with OpenAI say they hope the partnerships will bring new life to their business. By wooing users with a better interface, OpenAI could threaten Google's dominance over online search, Zaman said. OpenAI did not immediately respond to a request for comment from Business Insider.

Persons: —, OpenAI, Brad Lightcap, Axel Springer, Roger Lynch, Condé Nast, Google Publishers who've, Le Monde, Tauhid Zaman, Zaman, Hugh Martin Organizations: Service, Prisa, Business, Politico, CNN, Fox Corp, Bloomberg, ChatGPT, Yorker, Wired, The New York Times, Microsoft, Google Publishers, Google, Facebook, Media, Yale School of Management, Publishers, Scripps School of Journalism, Ohio University Locations: OpenAI

☆ Fox News sued by family of Ukrainian journalist killed while covering war over ‘reckless and negligent conduct’
▼ + stars: | 2024-03-14 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

CNN —Fox News is the subject of yet another explosive lawsuit. The mayor of Irpin had barred journalists from the city and Thomson, the security contractor, had vetoed the idea of reporting from the area, according to the lawsuit. “The absence of the security contractor was vital, as the crew made fatal mistakes,” the lawsuit said. The Fox News crew ultimately stopped at an abandoned checkpoint where they were attacked. In the aftermath of the tragedy, the lawsuit alleged that Fox News has tried to cover up its failures and hide them from the public.

Persons: CNN —, Pierre Zakrzewski, Oleksandra, Sasha ” Kuvshynova, ”, Shane Thomson, Kuvshynova’s, Thomson, Rupert Murdoch, Suzanne Scott, Benjamin Hall, Scott, Anton Gerashchenko, “, Sasha, ” Zakrzewski, ” Hall, Fox News “, “ Shane, Fox, Shane, Pierre, “ Sasha Kuvshynova’s, Kyiv — Organizations: CNN, CNN — Fox, Fox News, New York State, Fox Corporation, Thomson, New York Times, The Fox News, HarperCollins, Fox, Russian, Kyiv Locations: Ukraine, Kyiv, New York, Russian, Irpin, Ukrainian

☆ Rupert Murdoch is engaged to marry – again
▼ + stars: | 2024-03-07 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +2 min

CNN —Within a year of calling off his last wedding, nonagenarian billionaire Rupert Murdoch has popped the question to another partner, months after they started dating. It’s the second time Murdoch has been engaged in a year. Last March, the media titan announced plans to marry Ann Lesley Smith, a former dental hygienist and conservative radio host. Murdoch and Zhukova reportedly started dating in the summer and plan to marry at Moraga Bel Air, Murdoch’s luxury vineyard and estate in California. Murdoch was previously married to former flight attendant Patricia Booker, journalist Anna Murdoch and entrepreneur Wendi Deng, who reportedly introduced him to Zhukova.

Persons: Rupert Murdoch, It’s, Murdoch, Ann Lesley Smith, Elena Zhukova, Zhukova, Dasha, Abramovich, Lachlan, Patricia Booker, Anna Murdoch, Wendi Deng, Jerry Hall, Smith, “, ” Organizations: CNN, News Corp, The New York Times, Moraga Bel Air, Bloomberg’s, News Corporation, Fox Corporation, Fox News Locations: California, Russian

☆ Who's going to pay $50 a month for a sports streamer that doesn't have all the sports?
▼ + stars: | 2024-03-04 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

What we still don't know: Why would someone pay $50 a month for this? AdvertisementAfter all, if you like paying for streaming TV, you can pay $73 a month for YouTube TV. So, again: If you're a big enough sports fan that you want to pay for streaming TV, don't you also want all of the sports on streaming TV? And, yes: Spending $50 a month on something instead of $73 a month on something is meaningfully cheaper. Now he's asking them to pay an extra $50 a month — and not get everything they want.

Persons: Lachlan Murdoch, it's, —, Here's, Murdoch, Brendan McDermid, they're, They're, he'll Organizations: Service, Fox Corp, Disney, Warner Bros, Comcast, YouTube, REUTERS, NFL, CBS, league's AFC, NBC, Amazon, Media Locations: America

"Normal people do not use OpenAI's products in this way," OpenAI wrote in the filing. The news outlet's lawsuit, filed in December, seeks to hold Microsoft and OpenAI accountable for billions of dollars in damages. In the past, OpenAI has said it's "impossible" to train top AI models without copyrighted works. "We expect our ongoing negotiations with others to yield additional partnerships soon," OpenAI wrote in the filing. But in the filing, OpenAI says the content is vital to training today's AI models.

Persons: Sam Altman, OpenAI, Altman, Axel Springer, — CNBC's Ryan Browne Organizations: Economic, The New York Times, New York Times, Microsoft, House, Times, Bloomberg, CNN, Fox Corp, CNBC PRO Locations: Davos, Switzerland, Manhattan

☆ The most expensive home for sale in the U.S. goes up for $295 million in Naples, Florida
▼ + stars: | 2024-02-10 | by ( Ray Parisi | ) www.cnbc.com time to read: +7 min

The most expensive home for sale in the U.S. hit the market this week for $295 million. Gordon Pointe, as it's called, is a roughly 9-acre compound in Naples, Florida, on the Gulf Coast, in an affluent enclave called Port Royal. The mega-listing includes a main house that spans about 11,500 square feet, with six bedrooms. Two guest houses, each over 5,000 square feet, bring the estate's total interior living space to 22,800 square feet. The residence sits high atop 217 West 57th Street, overlooking Central Park, spanning three floors and over 17,500 square feet.

Persons: Gordon Pointe, Leighton Candler, Corcoran, Candler, Gordon, John, Rhodora Donahue, John Donahue, Hermes, Dawn McKenna, McKenna, she's, It's, Cody Boone, Ryan Serhant, Serhant, naysayers, Donna Olshan, Karen Winnick, Gary Winnick, Kurt Rappaport, that's, Jonathan Miller, Miller Samuel, Jeff Bezos, Clodagh Kilcoyne, Ken Griffin, Larry Ellison, Marc Andreessen, Jim Bartsch, Jerry Perenchio, Miller, Lachlan Murdoch, Rupert Murdoch Organizations: Royal, CNBC, U.S . Army Corps of Engineers, Dawn McKenna Group, Coldwell, Coldwell Banker Realty, St, SERHANT Studios, Encantada, U.S, Washington , D.C, Reuters, Amazon, Oracle, Bel Air, Fox Corp Locations: Gordon Pointe, U.S, Naples , Florida, Gulf, New York, of Mexico, Pittsburgh, Port Royal, America, New York City, Central, Manhattan, Los Angeles, Bel, Washington ,

☆ Amazon wins exclusive streaming rights for NFL playoff game
▼ + stars: | 2024-02-10 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

New York CNN —Amazon has landed the rights to exclusively stream one National Football League playoff game next season on its Prime Video platform, a source familiar with the matter told CNN. The deal comes less than a month after NBCUniversal’s Peacock became the first-ever platform to exclusively livestream an NFL playoff game. The source said Peacock did not lose the rights to exclusively stream a playoff game. Earlier this month, Amazon reported a 24% year-over-year increase in total viewership of “Thursday Night Football” this season, citing Nielsen. The NFL declined to comment and Amazon has not responded to CNN’s request for comment.

Persons: NBCUniversal’s Peacock, “, ”, NBCUniversal, Peacock, Nielsen Organizations: New, New York CNN, Football League, CNN, NFL, Kansas City Chiefs, Miami Dolphins, Cleveland Browns, Houston Texans, NBC, NBC Sports Digital, NFL Digital, Telemundo, NBC Sports, Amazon, ”, Seahawks, Cowboys, ESPN, Fox Corp, Warner Bros Discovery Locations: New York

☆ Climate scientist Michael Mann awarded more than $1 million in damages from conservative writers who defamed his work
▼ + stars: | 2024-02-09 | by ( David Goldman | Paradise Afshar | ) edition.cnn.com time to read: +2 min

CNN —A jury has awarded climate scientist Michael Mann more than $1 million in a defamation lawsuit he brought against a former scholar and a media personality who lampooned Mann’s work. A jury in the Washington, DC, Superior Court civil case awarded Mann $1 million in punitive damages and a dollar from each defendant in compensatory damages. Mann had also sued the National Review and Competitive Enterprise Institute. Mann intends to appeal that 2021 decision, which said the Competitive Enterprise Institute and National Review could not be held liable for defamation, according to multiple reports. However, Mann’s is the latest in a recent string of defamation trial victories for plaintiffs or large settlements – most notably including E. Jean Carrol’s $83.3 million verdict against former President Donald Trump.

Persons: Michael Mann, Mann’s, Mann, Rand Simberg, Mark Steyn, Jerry Sandusky, “ Mann, ” Steyn, Simberg, Steyn, “, ” Mann, Mike Mann’s, Pete Fontaine, Jean Carrol’s, Donald Trump Organizations: CNN, Competitive Enterprise Institute, National, Pennsylvania State, Superior, DC, Court, X, Fox Corp Locations: Washington, DC, United States

☆ It’s never been more expensive to be a Disney fan
▼ + stars: | 2024-02-07 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

Not only have theme park visits gotten more expensive, but so have Disney’s cruise vacations, souvenirs and the company’s streaming services. Over the summer, Disney quietly raised the prices at two of the adult-exclusive restaurants on board its cruise ships to $135 per person for dinner, a nudge up of $10, according to the Disney Cruise Line Blog. But one thing is certain: being a Disney fan has never been more expensive. Passengers stand on the deck of Disney Dream, a Disney Cruise Lines' ship, as it sails to the Bahamas on August 9, 2021. Joe Skipper/ReutersBrittany Huizinga, an Arizona-based travel agent at Smart Moms Travel, took a two-part trip with her husband and two children during the holiday season: The first four nights were spent at Walt Disney World and the last five nights on a Disney Cruise ship.

Persons: Walt, Gina Lee, ”, “, Disney, Ron DeSantis, Don Munsil, —, That’s, Minnie, Joseph Prezioso, Genie, we’ve, ” Munsil, Joe Skipper, Brittany Huizinga, Bob Iger, Mouse’s, Doug Arthur, “ It’s, Disney’s, Lee Organizations: CNN, Walt Disney World, Disney, Disney Vacation, Magic, Walt Disney, Anadolu Agency, Getty Images Parks, Disney Cruise Lines, Smart, Huber Research Partners, Disney’s ESPN, Fox Corporation, Warner Bros ., . Disney, Wayback Locations: Orlando , Florida, New York, —, Florida, Disneyland, California, Orange County , Florida, Bahamas, Arizona

☆ Disney’s Bob Iger says the company has turned a corner. The stock is shooting higher
▼ + stars: | 2024-02-07 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

However, Disney continues to lose money in its streaming service business, though it has cut those losses compared to last year. The announcement of a planned ESPN service comes one day after ESPN, along with Fox Corporate and Warner Bros. it’s pretty dramatic in terms of the amount of time spent in games,” Iger said on CNBC. Disney’s foray into the video gaming space comes as competitor Netflix also ramps up their expansion into video games. In December, Netflix launched three mobile-friendly games from Grand Theft Auto, one of the best selling video game franchises ever.

Persons: CNN —, Bob Iger, Disney, ” Iger, Taylor, ”, Iger, “, Nelson Peltz, ‘ Fortnite, Alpha, Maruf Organizations: CNN, CNN — Disney, Wall, ESPN, Disney, Hulu, CNBC, Netflix, Fox Corporate, Warner Bros ., ‘, Epic Games, Theft Locations: Hulu, India

☆ Stocks making the biggest moves after hours: Chipotle, Snap, Ford, Warner Bros. Discovery and more
▼ + stars: | 2024-02-06 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Mercury Systems — Shares of the technology company fell nearly 12% after missing Wall Street estimates in the fiscal second quarter. Viasat — Shares in the communications firm gained more than 5% after Viasat surpassed Wall Street estimates for revenue in the third quarter. The company notched revenue of $1.13 billion while analysts polled by FactSet forecast $1.11 billion. Analysts polled by LSEG expected the company to earn 77 cents per share on revenue of $3.24 billion. Chipotle — Shares added nearly 3% after beating Wall Street estimates on the top and bottom lines in the fourth quarter.

Persons: FactSet, LSEG, Chipotle Organizations: Mercury, Viasat —, Viasat, Wall, FactSet, LSEG, Corp, —, Gilead Sciences, Gilead Sciences — Stock, Ford — Stock, Ford, Disney, Warner Bros, Discovery, Fox Corp, Fox, Warner Bros ., ESPN Locations: Gilead, Gilead Sciences —

☆ ESPN, Fox, and Warner Bros are launching a new sports streaming service. It could change TV forever.
▼ + stars: | 2024-02-06 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Now combine them on one streaming service. That's what's coming this fall, via a new joint venture, co-owned by Disney, Warner Bros. AdvertisementPeople who are already watching sports on Disney-owned ESPN and the other channels that are joining the joint venture won't lose access to those games, which will stay on the linear channels. Icon Sportswire/Getty ImagesIt's worth noting that all three TV giants have tried a version of a streaming joint venture before. The company that was formerly known as Time Warner, which is now part of Warner Bros.

Persons: —, That's, Disney's, Fox, Time Warner Organizations: Service, ESPN, ABC, Fox, TNT, TBS, Disney, Warner Bros, Fox Corp, Business, NFL, —, CBS, NBC, Discovery, Hulu, Time

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

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