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Netflix secured a three-season deal with the NFL to air two games on Christmas. The deal boosts the streamer's ad business, appealing to advertisers seeking live sports audiences. NFL games will now be spread across seven platforms, potentially raising costs for fans. AdvertisementScore one for Netflix, which just announced a three-season deal with the NFL and will show two of the league's games on Christmas this year. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Netflix, NFL, Service, Business
There is, after all, still the intriguing possibility that the championship is decided on goal difference for just the second time in the Premier League era. So, for example, if Arsenal beat Everton a single goal, City would need to win by four. Such a close finish would be unprecedented in the Premier League era. If City defeat Spurs but then draw with West Ham, and Arsenal win against Everton, then we are back in goal-difference territory again. Following City’s victory over Fulham on Saturday, Arsenal knew they realistically had to win both their games to have a chance at securing their first Premier League title since the 2003-04 season.
Persons: , neutrals, Mikel Arteta’s, Stu Forster, Catherine Ivill, Leandro Trossard’s, Pep, Justin Setterfield Organizations: Manchester, Fulham, Saturday, Arsenal, Manchester United, Old, Premier League, Manchester City, Tottenham Hotspur, West Ham United, Arsenal Everton, Spurs, City, Tottenham, West Ham, Everton, , Emirates, Etihad, Getty, January’s FA, Manchester City’s Premier League Locations: Old Trafford, West, City, West Ham
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
Read previewSince ChatGPT burst onto the scene in 2022, there's been no real "killer app" to get consumers embracing AI in massive numbers. The internet, possibly the biggest killer app of all, made us all buy smartphones, tablets, and a host of other connected devices. AI killer app contendersAt its IO developer conference on Tuesday, Google showed off some pretty amazing AI killer app contenders. A Google AI model lurking on the phone (and in the cloud) answered correctly. The Google AI agent captured all the dates, times, and other details and automatically loaded them into the user's Google Calendar.
Persons: , there's, she'd, Warren Buffett, Bill Gates, Sundar Pichai, Sissie Hsiao, DeepMind's Hassabis, Pichai Organizations: Service, Business, Google, Astra, Microsoft Locations: London
Here's what will likely be topics of discussion during Upfronts week, whether it's on stage, in the audience or in private. That dependsMedia companies just finished reporting quarterly earnings, which showed traditional TV is still lagging behind streaming and digital when it comes to ad revenue. Streaming advertising was up 22% across media companies, and now makes up 18% of total advertising. Tech companies including Snap , Roku , Google and Microsoft each saw digital advertising revenue make a comeback this past quarter. Streaming advertising revenue jumped 70%, but the overall number is much lower — just $175 million.
Persons: Kevin Mazur, David Zaslav, Tim Nollen, Mike Kemp, Bob Iger, YouTube's, Tom Hiddleston, Loki, Peacock, Hugh Johnston, Hulu —, NBCUniversal, LeBron James, Jevone Moore Organizations: Getty, Getty Images Media, Hollywood, Warner Bros, Discovery, Media, Upfronts, Macquarie, Tech, Google, Microsoft, Netflix, Disney, Amazon Prime, Amazon, National Football, YouTube, Nielsen, Comcast, Radio City Music Hall, ESPN, Madison, Warner Bros . Discovery, Max, Fox, Sports, NBA, Los Angeles Lakers, Los Angeles Clippers, Crypto.com Arena Locations: Waterloo, London, United Kingdom, U.S, New York City, Hulu, Los Angeles
Xavier Gutierrez, CEO of the Arizona Coyotes and CEO of ImpactX Sports Group (L), and Pedro Guerrero, CEO of Guerrero Media. Gutierrez had previously been a managing director at private equity firm Clearlake Capital Group and knew Meruelo for about a decade before becoming the NHL's first-ever Latino CEO. It took a Latino owner to hire a Latino CEO, Gutierrez explained in an interview, because Hispanics are not well-represented in leadership positions in professional sports. Gutierrez, who is technically still CEO of the Arizona Coyotes even though the franchise is inactive, says he is the only non-owner Latino CEO. Gutierrez and Pedro Antonio Guerrero, the CEO of executive advancement company Guerrero Media, introduced Latinos in Sports at an event in Miami last week.
Persons: Xavier Gutierrez, Pedro Guerrero, Alex Meruelo, Gutierrez, Jorge Mas, haven't, Pedro Antonio Guerrero, Vianni Lubus, Mike Valdes, Fauli, José Feliciano Organizations: Arizona Coyotes, ImpactX Sports, Guerrero Media, Hockey League's Arizona Coyotes, Arizona team's, Coyotes, Clearlake Capital Group, NHL, National Football League, National Basketball Association, Major League Baseball, Major League Soccer, MLS, Inter Miami CF, Sports, CNBC, Chemistry Cultura, Clearlake Capital, Premier League's Chelsea Football Club Locations: Utah, Arizona, Guadalajara, Mexico, Cuban, American, U.S, Canada, Miami
And while WBD's $0.40-per-share loss was 4 cents better than last year, it was still lower than analysts had hoped for. Warners added about 2 million net streaming subscribers globally in the first quarter, bringing its total to 99.6 million. There's a simple explanation for WBD's streaming ad growth despite modest subscriber additions: the advent of live sports on Max. As impressive as WBD's burgeoning streaming ad business looks now, it may be nothing more than a blip if Comcast's NBC outbids TNT for NBA media rights in the league's next TV deal. Suddenly, it seems like Zaslav is taking an even bigger risk by playing hardball with the NBA.
Persons: Discovery's, David Zaslav, Max, Warners, WBD, it's Organizations: Warner Bros, Business, NBA, Warners, Max, MLB, NHL, NBC, TNT, Media, UBS, hardball
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
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNational Urban League's Marc Morial on college protests: Free speech doesn't sanction hate speechMarc Morial, National Urban League president, CEO, and former New Orleans mayor, joins 'Power Lunch' to discuss the latest jobs numbers and the nationwide college protests.
Persons: Marc Morial Organizations: National Urban League, New Locations: New Orleans
Carlyle also sees an opportunity to take advantage of sports' greater openness to institutional capital as teams get more expensive. Advertisement"Post-COVID, no content is more important than sports content," Fund said. Successfully running a team isn't as easy as investing in oneCarlyle sees openings for outside investors in teams as their valuations soar. "As teams become more expensive, you're running out of people to buy controlling stakes in teams," Fund said. Key to the Reign deal, for example, was having the Sounders, with its deep market knowledge, as a day-to-day operator.
Persons: , Carlyle, Ben Fund, Alex Popov, cochair David Rubenstein, We've, We're Organizations: Service, National, Soccer, Seattle, FC, Seattle Sounders, Business, Fund, Baltimore Orioles, NFL, Sounders
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Discovery's TNT is dangerously close to being left out of the NBA's next TV deal after rival NBC made a massive offer, according to a recent report from The Wall Street Journal. A source familiar with the negotiations told Business Insider that a deal hasn't been finalized and offers are always changing. Still, it's not clear that paying an average of $2.5 billion a year for NBA rights will be profitable. AdvertisementJoe Bonner, a media analyst at Argus Research, has been under the assumption that WBD can and will retain NBA rights even though its cable-TV revenue is steadily shrinking.
Persons: , hasn't, NBA hasn't, Craig Moffett, Peacock, Moffett, it's, Joe Bonner, Bonner Organizations: Service, Warner Bros, TNT, NBC, Wall Street Journal, Business, NBA, ESPN, Amazon, Puck, Comcast, Argus Research
But I soon felt dependent, and I struggled to fall asleep after taking pre-workout. Around then, I noticed my workout friends talking about pre-workout supplements. After taking pre-workout in the early evening, I would stay awake until 1am or later. AdvertisementAccording to both my instructor and my colleague's reporting, taking pre-workout every time you exercise can get you in the habit of not listening to your body. I know I wouldn't have hit my deadlift goal without taking pre-workout (although, even with it, my performance was impacted).
Persons: , I'd, Rachel Hosie Organizations: Service
Caitlin Clark's record-breaking college career has sparked unprecedented interest in the WNBA. The 27-year-old five-time All-Star urged fans who have enjoyed Clark's college career to stick around and help grow the women's game. "I hope that anyone's invested and paying attention to it, continues to invest in it," Wilson said. The All-Star center also commented on the major paydays top college athletes are taking home thanks to NIL rules allowing student athletes to leverage their personal brands. With Clark's $76,000 rookie salary making headlines last week, Wilson said she hopes college stars continue to go pro and bring their sponsors and investors along with them.
Persons: Caitlin Clark's, A'ja Wilson, Clark, Wilson, anyone's Organizations: WNBA, Las Vegas Aces, Star, Nike, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGame Respects Game with WNBA Commissioner Cathy EngelbertThe WNBA is having a moment. In 2023, the league had its most watched regular season in 21 years. In addition, they announced that the Golden State Warriors will be adding a WNBA franchise in 2025, the first team expansion since 2008. Following one of its most anticipated drafts—with several generational players joining the league—WNBA Commissioner Cathy Engelbert discusses the league's remarkable growth, what's ahead and how this could be a pivotal year in women's sports.
Persons: Cathy Engelbert The, Cathy Engelbert Organizations: Cathy Engelbert The WNBA, Golden State Warriors, WNBA
But right now we're seeing that even if you're the best, women are not paid their fair share." However, WNBA Commissioner Cathy Engelbert, speaking at CNBC's inaugural Changemakers Summit on Thursday in New York City, said there's a "false narrative" around Clark's expected salary, likening it to the way that executive salaries are displayed for public companies. Cathy Engelbert, Commissioner of the Women's National Basketball Association (WNBA) speaking at the CNBC Changemakers Event in New York on April 18th, 2024. The NBA has around $13 billion in revenue while the WNBA is roughly around $200 million. Caitlin Clark poses with WNBA Commissioner Cathy Engelbert after being selected first overall pick by the Indiana Fever during the 2024 WNBA Draft.
Persons: Caitlin Clark, Joe Biden, Clark, Victor Wembanyama —, , Cathy Engelbert, there's, Engelbert, Danielle DeVries, Caitlin, she's, we're, Sarah Stier Organizations: Indiana Fever, House, San Antonio Spurs, NBA, Summit, Deloitte, National Basketball Association, CNBC, Nike, Gatorade, State, WNBA, Athletic, Getty Locations: New York City, New York, U.S, Iowa
Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. The National Basketball Association's exclusive media rights negotiating window with current partners Disney and Warner Bros. While no agreement is expected to be announced by the deadline, Disney and Warner Bros. Warner Bros. Discovery's TBS began airing NBA games in 1984, and TNT has shown NBA games since 1988.
Persons: LeBron James Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Disney, Warner Bros, Apple, YouTube, Comcast, Netflix, CNBC, Discovery, TBS, TNT, ESPN, ABC, Fox Locations: Los Angeles
1 overall selection by the Indiana Fever in this week's WNBA draft, Clark's salary her first season will be just over $76,000. Clark's pay will escalate over the course of her four-year rookie contract, leaving her with total earnings of $338,056. The WNBA has grown in popularity in recent years, but it still trails behind the NBA, NFL, MLB and NHL. The highest paid WNBA player is Las Vegas Aces star Jackie Young, who will earn just over $250,000 this season. Here's how Clark's rookie deal stacks up against the most recent top picks from America's big four sports leagues.
Persons: Caitlin Clark, she'll, Jackie Young, Steph Curry, Cathy Engelbert, we're Organizations: WNBA, Indiana, Gatorade, Nike, NBA, NFL, MLB, NHL, Las Vegas Aces, Golden State Warriors, CNBC Locations: State
DisparityThanks to its multi-billion-dollar TV deals, the Premier League is often celebrated as a UK Inc. success story. Andrew Powell/Liverpool FC/Getty ImagesBy targeting talents from lower-league academies, Premier League clubs don’t have to pay inflated transfer fees. The mooted introduction of an independent regulator comes against the backdrop of some Premier League clubs falling foul of the Premier League’s Profitability and Sustainability Rules (PSR). Earlier this month, Everton were handed a further two-point deduction for allegedly breaching Premier League financial rules. Relegated from the Premier League in 2023, Leicester denies any wrongdoing and opened legal proceedings against the Premier League and the EFL, but could face a points deduction if found guilty.
Persons: Abu, , Kieran Maguire, Marie Antoinette ”, Marie Antoinette, – James McConnell –, Gabriele Biancheri, James McConnell, Bobby Clark, Andrew Powell, Caroline Dinenage, Maguire, Richard Masters, ” Maguire, , , ” Masters, Phil Noble, we’ve, It’s, Mike Egerton, they’ve Organizations: CNN —, Manchester City, League, Reading FC –, Reading, English Football League, CNN, British, Premier League, Inc, Sunderland, Manchester United, Cardiff City, Liverpool, Chelsea, Liverpool FC, Getty, Premier League clubs, Culture , Media, Sport Committee, Premier League clubs “, Premier League’s, ” CNN, The Times, European Super League, National League, Everton, Nottingham Forest, Manchester City –, Reuters, Nottingham, “ Premier League, Leicester City, Leicester Locations: Istanbul, Manchester, Abu Dhabi, France, Europe, England’s, Britain's
Toronto Raptors player Jontay Porter has been banned for life from the NBA for gambling violations. The NBA said Porter leaked health information to a known sports bettor, among other violations. The NBA said in a statement that it opened an investigation into Raptors forward Jontay Porter after a game last month that attracted heavy interest from sports bettors. Related storiesSeparately, the NBA said that between January and March of this year, Porter bet on at least 13 games totaling $54,094 by using an associate's online betting account. Advertisement"Three of the bets were multi-game parlay bets that included one Raptors game," the NBA said, "in which Porter bet that the Raptors would lose."
Persons: Jontay Porter, Porter, , Porter didn't, Adam Silver, Shohei Ohtani Organizations: Toronto Raptors, NBA, Service, Raptors, American Gaming Association, Dodgers
The Navy attributed the delays to pandemic-related supply chain issues. AdvertisementAll of the US Navy's highly anticipated shipbuilding projects face yearslong delays, the service said earlier this month. The major delays come amid concerns that China is outpacing American shipbuilding and increasing its naval capabilities. The Navy secretary said he and his team were "floored" by US ally South Korea's shipbuilding capabilities. AdvertisementIn a February statement, the Navy recognized Korean and Japanese shipbuilding as an asset to the US as "China continues to aggressively pursue worldwide shipbuilding dominance."
Persons: , Gerald R, Navy Carlos Del Toro, Del Toro Organizations: US, Navy, Service, aircraft, Air Space, US Department of Defense, Korean Locations: Virginia, China, American
If that trajectory continues, NFL games on Christmas could be an annual tradition moving forward, and the move could have a huge impact on how millions of Americans spend the holiday. Previously, the NFL only played on Christmas when it fell on one of the traditional days for NFL games — Sunday, Monday, Thursday, and Saturday. The 2023 Christmas games were three of the 19 most-watched programs on TV last year, according to Nielsen. In March 2023, NFL Commissioner Roger Goodell told the media that short-week games do not lead to more injuries. On the other hand, CBS aired 107 games in 2023, but only six were national TV games.
Persons: , Taylor Swift, Jon Lewis, Lewis, Aaron Ontiveroz, Roger Goodell, Mike Florio, NBC's, Ethan Miller Organizations: Service, NFL, Business, CBS, San Francisco 49ers, New York Giants, Philadelphia Eagles, Las Vegas Raiders, eventual Super Bowl, Kansas City Chiefs, Nielsen, Turkey, Sports Media, NBA, Hollywood, NBC's NFL, ESPN, TV, NBC, Fox Locations: Denver
Read previewLike most Yale students, I'm swamped. Despite the Ivy League's reputation as one big ivory tower, Yale students still love to throw a good party. Yale isn't a huge party school, but we still have partiesWhen choosing a school, the party scene wasn't very high on my priority list. This wasn't a medieval cloister; it was just what you'd expect from any college despite the Ivy League status. Related storyEven closer to campus is Toad's Place, a club that hosts Yale-only Wednesday night parties and is free on Saturdays with a Yale ID.
Persons: , I've, aren't, that's Organizations: Service, Yale, Business, Ivy League, Sigma Chi, Chi Psi, Saybrook College, Saybrook
England's top soccer league will start using AI-powered technology for offside calls. Video tech has been a hot topic within the Premier League, The Athletic reports. AdvertisementThe English Premier League, the nation's top soccer competition, is turning to new tech to help make crucial calls in-game: AI-powered offsides technology. FIFA's offside tech harnessed AI and was tested for three years before being implemented, soccer's global governing body said. This season, video-assisted referee calls have been a hot topic within the Premier League.
Persons: Organizations: FIFA, Premier League, Athletic, Service, Arsenal, Manchester City, Manchester United, League Locations: Liverpool
US Navy Secretary Carlos Del Toro said he was "floored" at South Korea's shipbuilding abilities. A recent review found that the US Navy's top shipbuilding programs are heavily delayed by years. Del Toro and other Navy officials addressed US shipbuilding problems in a budget hearing this week. US Navy Secretary Carlo Del Toro visiting a South Korean shipyard in February 2024. Nick Guertin, the Navy acquisition executive, the Navy review "identified major initiatives to drive improvement that we plan to pursue."
Persons: Carlos Del Toro, Del Toro, , Navy Carlos Del Toro, Carlo Del Toro, US Navy Del Toro, Jeffrey L, Seavy, Nick Guertin Organizations: Service, Navy, Ford, Air Space, US, South, US Navy, US Marine Corps, US Naval Institute, United Nations Conference, Trade Locations: Pacific, South Korea, South Korean, South, China, Japan
An unnamed Ukrainian officer told Politico of his doubts about the usefulness of incoming F-16s. It's an example of how Ukraine often receives weapons systems too late, he told Politico. AdvertisementUkraine's long-awaited F-16s are an example of weapons systems that are "no longer relevant" once they end up in Kyiv's hands, a senior Ukrainian officer told Politico. Dettmer wrote that the officer cited the F-16s as an example of how "we just don't get the weapons systems at the time we need them." AdvertisementOne pilot told Ukrainian media they're a massive step up from the Soviet MiGs he usually flies, comparing the upgrade to going from "a Nokia, straight to an iPhone."
Persons: , Valery Zaluzhny, Jamie Dettmer, Dettmer Organizations: NATO, Politico, Service, US, Kyiv, Soviet, Nokia, America, Ukrainian Air Force, Air Force Command, Business Locations: Russia, Ukraine, Ukrainian, Denmark, Netherlands, Kyiv
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