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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe root problem facing streamers is the lack of daily usage, says LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss Warner Bros. Discovery's quarterly earnings results, whether the company can retain its NBA rights, the new streaming bundle with Disney+ and Hulu, state of the streaming landscape, and more.
Persons: LightShed's Rich Greenfield Rich Greenfield Organizations: LightShed Partners, Warner Bros, NBA, Disney Locations: Hulu
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightShed's Rich Greenfield talks Meta's Zuckerberg doubling down on AIHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Rich Greenfield, Meta's Zuckerberg, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe bar to leave your house and go to a theater is higher than it was: LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss this weekend's box office results, what it says about the movie and entertainment industry at large, and more.
Persons: LightShed's Rich Greenfield Rich Greenfield Organizations: LightShed Partners
The service will launch this fall and cater to sports fans who don't subscribe to the traditional cable bundle. One person associated with the launch of the new venture told CNBC the platform will be "a monster" and massively disrupt cable TV. Cable TV has been relegated to an add-on that helps keep people subscribing to high-speed internet. The cable bundle has largely survived because it still contains exclusive live news and sports. Previously, the only way for cord cutters to get ESPN outside the cable bundle would have been that coming service.
Persons: LeBron James, Jevone Moore, it's, Lachlan Murdoch, NBC's Peacock, Bob Iger, Rich Greenfield, Max, David Zaslav's, There's, David Zaslav, Lightshed's Rich Greenfield Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Warner Bros . Discovery, Fox, Disney's ESPN, Comcast, DirecTV, CNBC, YouTube, Charter, Cable, Verizon, Mobile, Satellite, Google, Hulu, Live, Disney, Warner Bros, NBC, CBS, National Football League, Paramount, ESPN, Fox News, CNN, MSNBC, Wall Street, Financial Times, TNT, TBS, HGTV, Discovery, Paramount Global Locations: Los Angeles
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailESPN should have been in a sports bundle 'from the beginning', says LightShed's Rich GreenfieldRich Greenfield, Lightshed Ventures, to talk news that Fox, ESPN and Warner Bros. Discovery are launching a combined sports streaming service.
Persons: LightShed's Rich Greenfield Rich Greenfield Organizations: ESPN, Lightshed Ventures, Fox, Warner Bros
Still, legacy media companies including Disney, Paramount Global, Warner Bros. Since the "Great Netflix Correction" of 2022, there isn't a unifying growth narrative for media and entertainment companies. Disney, Paramount Global and NBCUniversal have all pegged 2025 as their flagship streaming services' first full year of profitability. Beyond financial metrics, several executives privately acknowledged morale has become an increasing concern at legacy media companies. One executive noted he's increasingly hearing from peers that running media and entertainment companies just isn't as fun as it was five or 10 years ago.
Persons: Corey Martin, Granderson Des Rochers, Martin, Jerome Powell, Liu Jie, Shari Redstone, David A, CNBC Shari Redstone, Biden, Sinclair, Lina Khan, Joe Biden, Khan, There's, John Harrison, Brian Roberts, Drew Angerer, Donald Trump, Trump, David Zaslav, Michael M, Disney, Nelson Peltz, Jay Rasulo, Bob Iger, he's, LightShed's Rich Greenfield Organizations: Universal Studios, Warner Bros . Discovery, Disney, Paramount Global, Comcast, Granderson, U.S, Federal, Washington , D.C, Xinhua News Agency, Getty, Treasury, Federal Reserve, Allen, Co . Media, Technology Conference, Grogan, CNBC, Trump, Nexstar, Gray Television, Federal Trade, Verizon, Mobile, NBCUniversal, CBS, NBC, EY, Allen & Company Sun Valley Conference, Trump's Department, Justice, Time Warner, Republican, Democratic, Netflix, Cable, Warner Bros, New York Times, Santiago, Getty Images Media, Management, Paramount Locations: Washington ,, United States, Sun Valley , Idaho, Tegna, Europe, U.S, EY Americas, New York City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCutting back on content is not the right answer for streamers, says Lightshed's Rich GreenfieldHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Lightshed's Rich Greenfield, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAll of the production delays is making Netflix stronger, says LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss the state of the SAG-AFTRA strike, the impact on Hollywood studios and box office, and more.
Persons: LightShed's Rich Greenfield Rich Greenfield Organizations: Netflix, LightShed Partners, SAG, Hollywood
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt'll be beginning of 2024 before Hollywood is back to full steam ahead: LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss the latest in Hollywood writers' strike, as the WGA and heads of multiple studios are expected to head back to the bargaining table today, the chances for an agreement, and more.
Persons: LightShed's Rich Greenfield Rich Greenfield Organizations: Hollywood, LightShed Partners, WGA
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe business of cable has changed from video to broadband, says LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss how the Charter-Disney clash differs from any of the previous carriage disputes from distributors and networks, the viable price point for ESPN, and much more.
Persons: LightShed's Rich Greenfield Rich Greenfield Organizations: LightShed Partners, ESPN
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStreaming put the consumer in full control of what they spend on media: LightShed's Rich GreenfieldHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: LightShed's Rich Greenfield, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsolidation is 'clearly necessary' among media companies, says LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss the quarterly earnings results from the major media companies, the decline of linear TV, why companies are looking to deleverage, and more.
Persons: LightShed's Rich Greenfield Rich Greenfield Organizations: LightShed Partners
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEverything in Hollywood is shutting down other than reality TV, says LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss the state of Hollywood production after contract negotiations with actor's union SAG-AFTRA collapsed late last night, and more.
Persons: LightShed's Rich Greenfield Rich Greenfield, AFTRA Organizations: Hollywood, LightShed Partners, SAG Locations: Hollywood
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNN is a 'nonstop headache' for Warner Bros. Discovery, says Lightshed's Rich GreenfieldRich Greenfield, Lightshed Partners co-founder, joins 'Last Call' to discuss Chris Licht's departure from CNN, a possible spin-off for CNN, and more.
Persons: Lightshed's Rich Greenfield Rich Greenfield, Chris Licht's Organizations: CNN, Warner Bros, Lightshed Partners
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney isn't taking ESPN direct in 2023 or 2024, says Lightshed's Rich GreenfieldRich Greenfield, Lightshed Ventures general partner, joins 'Last Call' to discuss the recent Wall Street Journal reports concerning Disney's possible ESPN spinoff, its ongoing feud with the state of Florida, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Lightshed's Rich Greenfield on media industry's upfront seasonRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to preview what to expect from media upfronts this season, the impact of writers' strike, the state of streaming wars, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightshed's Rich Greenfield on Microsoft-Activision deal: This was a very logical mergerRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss the news of UK regulators blocking the Microsoft-Activision deal, YouTube ad revenue decline, the state of streaming, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf TikTok is banned, it would have the biggest stock impact on Snap: LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss controversies surrounding TikTok, the diplomacy concerns with China wrapped up in TikTok, and more.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta's focus on TikTok rival Reels is working, says Lightshed's Rich GreenfieldRich Greenfield, Lighteshed Partners partner, joins 'Halftime Report' to share his call of the day a buy for Meta, and detail the reasons behind his action.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix is back: LightShed's Rich Greenfield on the streaming giant's earningsLightShed Partners' Rich Greenfield weighs in on Netflix earnings. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Bonawyn Eison, Steve Grasso and Guy Adami.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney realizes it needs to make streaming profitable, says LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins CNBC's 'Squawk Box' to discuss new ad-supported tiers from streaming services like Netflix and Disney+.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta's cost cuts are not going to fix its problem, says LightShed's Rich GreenfieldRich Greenfield, partner and co-founder of LightShed Partners, joins CNBC's 'Squawk Box' to discuss Meta's plans to reduce its workforce by 13%.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta's Facebook is losing to TikTok on growth, says LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins CNBC's 'Squawk Box' to react to Meta's disappointing earnings report, which sent shares of the company lower in pre-market trading on Thursday.
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