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☆ Netflix to stream Christmas Day NFL games for three years
▼ + stars: | 2024-05-15 | by ( Jacob Pramuk | ) www.cnbc.com time to read: +1 min

Netflix will stream Christmas Day NFL games for the next three years, in its first true step into live sports. The streaming platform will show two games on Christmas Day this year, followed by at least one matchup in both 2025 and 2026, the league announced Wednesday. It is unclear how much Netflix paid for the rights to stream the games. Now, Netflix will stream games for the most watched U.S. sports league, at a time when it is trying to boost profits by raising subscription prices, pushing users toward an ad-tier membership and cracking down on password sharing. The three Christmas Day NFL games averaged 28.68 million viewers last year, according to Sports Media Watch.

Persons: Mike Tyson, Jake Paul, We've, Ted Sarandos, Sarandos Organizations: Netflix, NFL, Sports Media Watch Locations: Los Angeles

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

☆ Netflix said it didn't want to be in sports. Now it could be streaming two NFL games on Christmas.
▼ + stars: | 2024-05-10 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Now Netflix looks like it is close to a deal to stream two NFL games on Christmas Day, reports Puck's John Ourand, citing "a bevy of sources." Does that mean Netflix doesn't know how much it will pay for the games? The NFL declined to comment; Netflix didn't respond to a request for comment. If the deal does happen, it will be easy to step back and see how Netflix got there. The NFL now plans on releasing details about its upcoming schedule on May 15 — which also happens to be the day Netflix will host its "upfront" event in New York, catered to advertisers.

Persons: —, Puck's John Ourand, they'd Organizations: Service, Netflix, Business, NFL Locations: America, New York

☆ A key sign of strength in Warner Bros. Discovery's latest earnings report would take a massive hit if TNT loses the NBA
▼ + stars: | 2024-05-10 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

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

☆ 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

☆ 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

☆ NBC Sports could buy back rights to iconic theme song 'Roundball Rock' if it airs NBA games again, composer John Tesh says
▼ + stars: | 2024-04-30 | by ( Alex Sherman | ) www.cnbc.com time to read: +1 min

Warner Bros. Warner Bros. He's said he's not interested in being in the "rental business," as is the nature of licensing sports rights, though he has also expressed optimism about retaining NBA rights. Spokespeople for Warner Bros. Discovery, NBC and the NBA declined to comment.

Persons: John Tesh's, NBCUniversal, Comcast's NBCUniversal, David Zaslav, He's, he's Organizations: National Basketball Association, NBC, NBA, CNBC, Street Journal, Disney, Warner Bros, Warner Bros . Discovery, Comcast, Discovery

☆ We're boosting our price target on Alphabet by $30 after it delivered the quarter we've been waiting for
▼ + stars: | 2024-04-25 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Alphabet on Thursday delivered a knockout first-quarter report, with sales, operating margin and profits all topping Wall Street expectations. Alphabet Why we own it : Alphabet's Google Search is an invaluable tool for advertisers. Alphabet's big three watch items for investors — Search, YouTube, and Google Cloud — all delivered better-than-expected revenues in the quarter, leading to companywide sales topping estimates. It exited the quarter with $108 billion in cash, cash equivalents and marketable securities on its balance sheet, compared with $110.9 billion at the end of 2023. At 20 cents a share, Alphabet's dividend yield stands at 0.51% based on Thursday's close.

Persons: we've, It's, Sundar Pichai, Ruth Porat, TikTok, Philipp Schindler, Pichai, Porat, we're, Alphabet's, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: YouTube, Microsoft, Management, —, Google, Google Services, Capital, buybacks, Meta, Apple, CNBC, O, Bloomberg, Getty Locations: That's, Mountain View , California

☆ Disney beat back activist investor Nelson Peltz. Now the real work begins
▼ + stars: | 2024-04-04 | by ( Alex Sherman | ) www.cnbc.com time to read: +8 min

That would mark a milestone for the company, which launched Disney+ on Nov. 12, 2019. It would be the first time Disney showed it can make money from Disney+, Hulu and ESPN+. Disney will need to sustain and grow streaming profit to justify Iger's five-year-old strategy to go "all in" on the segment. Disney has already offered ESPN+, a sports streaming service that has some but not all of ESPN's content. Trian Partners' Nelson Peltz, who failed to join Disney's board Wednesday after securing just 31% of the vote, publicly questioned what he has called Disney's "woke" content strategy.

Persons: Bob Iger, Sun Valley , Idaho David A, Iger, Disney, they've, Cowen, Doug Creutz, Needham, Laura Martin, Gabby Jones, David Greenbaum, Sean Bailey, Alan Bergman, Indiana Jones, Nelson Peltz, Peltz, shouldn't, Bob Chapek, He'll, Bergman, Jimmy Pitaro, Josh D'Amaro, Dana Walden, They've, Cowen's, you've, That's, it's, — CNBC's Sarah Whitten, Needman's Martin Organizations: Disney, Allen & Company Sun Valley Conference, Grogan, CNBC Disney, Disney Disney, Hulu, ESPN, Co, Warner Bros . Discovery, Fox, CNBC, Athletic, Bloomberg, Getty, Marvel, Star Wars, Searchlight, Walt Disney Motion, Disney Entertainment, Century Fox, Sony, Disney's Marvel Studios, Trian Partners, Financial Times, Resorts, Iger Locations: Sun Valley , Idaho, Brooklyn , New York, Iger, Parks, Disney

☆ Here's the state of the AI trade after a great first-quarter run for many of our portfolio stocks
▼ + stars: | 2024-04-01 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

As the second quarter begins, we're taking stock of the AI trade. Microsoft leads There's no denying Microsoft's execution, which paved the way for generative AI to go mainstream and the company to then make money from the emerging technology. Alphabet may have messed up by letting Microsoft leap ahead on generative AI, but the company has years of experience in artificial intelligence research. That alone should tell you just how big these companies are betting that generative AI will indeed be transformative — on par with smartphones or the internet itself. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jefferies, There's, OpenAI's ChatGPT, Siri can't, Claude, Claude 3, That's, Meta, Jim Cramer's, Jim Cramer, Jim, Peter Dasilva Organizations: Microsoft, Jefferies, Google, Apple, Developers Conference, Amazon, CNBC, Olympus, Facebook Locations: Siri, U.S, Meta, Mountain View , California

☆ Enhanced Games Are Olympics With Steroids, Pay; Meet the Founder
▼ + stars: | 2024-03-31 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +14 min

Several countries pay bonuses to medal winners, and high-profile athletes may get brand deals and sponsorships, but many Olympic athletes live quiet lives. AdvertisementD'Souza suggested he received funding for the Enhanced Games in the "single-digit millions" but declined to specify the amount. So far, it's unclear what kind of talent Enhanced Games will attract. He said that at the Enhanced Games, athletes would get comprehensive health checkups to monitor the effects of "whatever enhancement protocols" they're on and ensure they're fit to compete. D'Souza said he planned to announce more details about the Enhanced Games this summer — right around the Paris Olympics.

Persons: Aron D'Souza, gymgoers, D'Souza, Thomas Bach, Bach, Uber, Christian, Christian Angermayer, Balaji Srinivasan, Coinbase's, Peter Thiel, Angermayer, Srinivasan, Thiel, Hulk, Charles Harder, Harder, didn't, Sargon, Peter, VCs, Thiel hasn't, he's, James Magnussen, James, he'd, Marta Nawrocka, BI's Gabby Landsverk, Jim Walden, Grigory Rodchenkov, it's, who'd Organizations: International, Olympic, IOC, West Germany's Olympic, The New York Times, Business, Apeiron Investment, University of Melbourne, Gawker Media, BuzzFeed, Gawker, Abrams, Australian Financial, US, Doping Agency, UFC, Drug Free, NFL, NBA, MLB, Testing Agency, ITA, CNN, FBI, Sports, Gaming Initiative, Paris Locations: Miami, Lausanne, Switzerland, Oxford, Australian, Russia

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow ESPN is trying to stay relevant as cable declinesESPN has been the most dominant sports channel for more than 40 years. It holds live sports rights including the NFL's Monday Night Football, the NBA and the WNBA. But as millions of Americans cancel their cable TV subscriptions and big tech companies like Amazon and YouTube bid on live sports, ESPN has had to adjust — or decline along with the pay-TV business. CNBC sat down with former and current executives to talk about the future of the sports juggernaut.

Organizations: ESPN, Football, NBA, Amazon, YouTube, CNBC

☆ How Overtime is turning high school sports leagues into a $100 million business
▼ + stars: | 2024-02-27 | by ( Lucia Moses | Ashley Rodriguez | ) www.businessinsider.com time to read: +6 min

This year, Overtime is on track to make $100 million based on deals that are locked in, a 30% year-over-year increase. Amazon pays Overtime to stream its Overtime Elite basketball league, which pays its teen players upwards of $100,000 annually plus bonuses. Advertisement"We have three-year sponsorship deals with major brands," Porter said, referring to Overtime's league deals. For example, GMC and C4 Energy drink pay Overtime to sponsor its Overtime Elite practice courts and Overtime Boxing ring, respectively. Its young audience also poses some limitations.

Persons: —, Dan Porter, CRO Rich Calacci, Porter, it's, that's, Megan Marks, Zack Weiner, It's, Breanna Stewart who's Organizations: Service, GMC, State, Adidas, Amazon Prime, Elite, Business, NBA, C4 Energy, Dentsu Media, millennials, NFL, Endeavor, Liberty Media Corp, Netflix Locations: America

☆ Apple launches its first sports app
▼ + stars: | 2024-02-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +2 min

The company on Wednesday launched Apple Sports, a free app for the iPhone that delivers real-time scores, key statistics, and live betting odds. At launch, users will have access to live data from the NBA, NHL, and MLS, among other leagues. On Wednesday, Apple will launch a new app. Apple has in recent years struck deals with various sports leagues, such as the MLB and MLS, to stream games on its Apple TV+ streaming service. While Apple Sports can alert users to where a game is being broadcast, it will not stream games directly inside the app, instead pointing users to the correct app to watch the action.

Persons: “, ”, Eddy, Apple’s Organizations: CNN, Apple, Wednesday, Apple Sports, NBA, NHL, MLS, NCAA, NFL, MLB, Services, ESPN, Super Bowl, Nielsen

Super Bowl LVIII was the most-watched television show in history, as an estimated 123.4 million people watched the Kansas City Chiefs rally in overtime to defeat the San Francisco 49ers. CBS Sports said that figure included viewers across all platforms and was up 7% from last year's 115.1 million average viewers, which was also the previous record. This year's game was the most-streamed Super Bowl in history with a record audience on Paramount+ , the network said. It added that the network saw its best postseason viewership since 1998. Live sports has showed strength even as TV viewership has fragmented and moved to streaming platforms.

Persons: Usher, Christopher Walken, Ben Affleck, Matt Damon, Tom Brady, Quinta Brunson, Jenna Ortega, Kate McKinnon, Jennifer Aniston, Discovery Organizations: Kansas City Chiefs, San Francisco 49ers, CBS Sports, Paramount, National Football League, Super, NFL, Chiefs, Baltimore Ravens, AFC Championship, ESPN, Fox, Warner Bros Locations: Beyoncé

☆ New sports streamer will change TV as we know it — and may start an industry fight. Execs tell me what they really think.
▼ + stars: | 2024-02-07 | by ( Peter Kafka | ) www.businessinsider.com time to read: +8 min

The new sports streamer that Disney, Warner Bros., and Fox announced Tuesday is a really big deal that could reshape TV . And then they charge the big pay TV distributors a ton to carry their broadcasts of those games. Which may explain why, up until Tuesday, they hadn't told any of the pay TV companies or sports leagues about their plans, industry executives tell me. But if you're the kind of person who's buying an antenna to watch sports TV, you're not going to buy this thing anyway.) Also: The big TV guys didn't like it in 2015 when HBO started competing with them by selling itself as a stand-alone service.

Persons: they're, Nathan McAlone, Nathan, Justin Casterline, Peacock, John W, I'm, Michael Nathanson, —, they'd Organizations: Service, Warner Bros, Fox, Business, NFL, CBS, NBC, Hulu, YouTube, Disney, ESPN, Warner Bros ., Comcast, Sports, McDonough, Getty, NBA, TNT, TBS, DirecTV, Verizon, AT, HBO

☆ The 6 biggest questions about ESPN, Fox, and WBD's new sports streamer
▼ + stars: | 2024-02-07 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +4 min

ESPN parent Disney and Fox report earnings on Wednesday, and more answers could be on the way. Here are six of the biggest questions coming out of the new announcement:How much will it cost? This new streamer could be the thing that finally kills cable TV. If they believe it has promise, could it give ESPN, Fox, and WBD more bargaining power in sports-right negotiations and greater ability to shoulder the sky-high costs? Will this new streamer come to the negotiating table for more sports rights to pad out its offering?

Persons: Bernstein, Paul Verna, Brian Weiser, there's, Disney's Bob Iger, Fox's Lachlan Murdoch, WBD's David Zaslav Organizations: ESPN, Disney, Fox, CNBC, YouTube, NBC, English Premier League —, Insider Intelligence, Business, Hulu, Netflix, JV, Amazon Locations: Madison, Disney's

☆ Disney, Fox and Warner Bros. Join Forces for Sports Streaming Service
▼ + stars: | 2024-02-06 | by ( Benjamin Mullin | Kevin Draper | ) www.nytimes.com time to read: +1 min

On Tuesday, Disney, Fox and Warner Bros. The companies announced a streaming service that will feature games from the major professional leagues and college conferences, which they hope will attract sports fans who have abandoned cable. The service will offer streaming subscribers all the channels owned by those companies that show sports, like ESPN, TNT and FS1, but also ABC and Fox. Subscribers will have access to 14 channels in total, as well as ESPN’s existing streaming service, ESPN+. The price, name and executive team behind the service have not yet been determined.

Organizations: Disney, Fox, Warner Bros, Discovery, ESPN, TNT, ABC

☆ What’s next for Zee shares? Here’s what Wall Street analysts are saying after Sony merger was called off
▼ + stars: | 2024-01-23 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Shares of the Indian media house fell 34% on Tuesday, while investors shrugged off the impact on the $124 billion Japanese media and technology giant Sony. ZEEL-IN 1Y mountain What are analysts saying about Zee shares, moving forward? Citi sharply slashed its price target on Zee's stock from 340 Indian rupees to 180 Indian rupees. Zee has not stated whether it will pursue the merger while the litigation with Sony could hinder improvements in operations or explore a merger with other players," the analysts added. Similarly, Elara analysts added, "Possibility of any other strategic/financial partner buying majority stake in Zee could provide respite to valuation multiples."

Persons: Motilal Oswal, Zee, Motilal, Aliasgar Shakir, Karan Taurani, Pulkit Chawla, Emkay, Zee's, Punit Goenka, Chawla Organizations: Zee Entertainment, Sony, Zee, Citi, Wall, Reliance, Disney Star India, Motilal Oswal, Star, Disney, Netflix, Amazon Prime, Reliance Industries, Media, Elara, RIL, Zee Management, Quintillion Business Media, Bloomberg News, NDTV Locations: India, Zee

☆ WWE deal doesn't mean Netflix will invest more in sports, co-CEO says
▼ + stars: | 2024-01-23 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

After Netflix and WWE parent company TKO Group announced the deal Tuesday morning, it sparked questions about whether Netflix would try to buy streaming rights for one of the major sports leagues. Netflix paid more than $5 billion for 10 years of WWE's Raw and other international programming. Sarandos called the WWE Raw deal "the inverse of Formula 1," as WWE is popular in the U.S. and has a relatively small international audience. "We can build [WWE] like we have with Formula 1 through our shoulder programming," Sarandos said. The move to pay a giant rights deal is a clear shift for Netflix.

Persons: Dwayne, Johnson, John Cena, Ted Sarandos, Sarandos, WWE's, Mark Douglas Organizations: Life, Netflix, WWE, National Basketball Association, NBA, CNBC Locations: Miami Gardens , Florida, U.S

☆ An upgrade, a 'top pick' and a potential deal: 3 of our stocks make news Tuesday
▼ + stars: | 2024-01-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

We're taking a closer look at a few of our stocks in the headlines on Tuesday: Starbucks, Constellation Brands and Walt Disney. The firm said it is looking beyond the current quarter, noting that Starbucks is "underearning vs its potential." Constellation Brands News: Bernstein named Constellation Brands its top pick for 2024 in a Tuesday research note. That's why a potential partnership that would give equity ownership of ESPN to a professional sports league would be so interesting. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Walt Disney, Morgan Stanley, Bernstein, Jim, Bob Iger, Wells Fargo, Nelson Peltz, Jim Cramer's, Jim Cramer, Spencer Platt Organizations: Starbucks, Constellation Brands, Walt, Modelo, Disney, ESPN, National Football League, New York, NFL Media, NFL Network, Players Association, NFL, Netflix, CNBC, People, Starbucks Workers United, Getty Locations: Israel, China, Corona, Pacifico, New, New York City

☆ How a sports tech investor is raising a new $44 million fund and solving VC's 'broken' due diligence process
▼ + stars: | 2024-01-10 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Read previewSports industry vet Craig Thompson is raising $44 million for a new sports tech fund, Match Ventures. Match Ventures has raised about a third of the fund with a goal of closing it within a year. Match Ventures is among other VCs reexamining their approach to due diligence . Match Ventures leaders also bring a combination of sports industry, data, and financial experience that would be valued by many founders. Brams founded sports tech company Oppia Performance and was product director for Genius Sports, a data and tech company.

Persons: —, Craig Thompson, Thompson, Anton Brams, Petr Zhukov, he's, Zhukov, They've, Brams, he'll Organizations: Service, Match Ventures, Mindspring, Ventures, Indigo Sports Tech, Business, Sports, US, Sport, UEFA Champions League, Champions Hockey League, Genius Sports, Credit Suisse, UBS Locations: pickleball, Luxembourg

☆ NCAA and ESPN ink 8-year, $920 million media rights deal
▼ + stars: | 2024-01-04 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

The NCAA and ESPN have reached a new eight-year media rights deal worth more than $115 million annually, as the value of sports media rights reaches new heights. The new agreement carries an annual value of roughly three times the current 14-year deal, which pays about $40 million annually. It will include the rights to 40 NCAA championships — 21 women's and 19 men's events — as well as exclusive championship coverage of all rounds for women's basketball, women's volleyball, women's gymnastics, softball, baseball and FCS football. ESPN has benefited through its airing of the NCAA women's basketball tournament and the WNBA playoffs, among other sports. "Concurrent with the terms of the new media rights, several enhancements to student-athlete benefits across all three NCAA divisions will take effect, and this deal will help fund those important programs.

Persons: Jimmy Pitaro, Charlie Baker, Baker, Linda Livingstone Organizations: ESPN, Orange, Georgia Bulldogs, Florida State Seminoles, NCAA, FCS, WNBA, IMG, WME Sports, Associated Press, of Governors, Baylor University, NBA, CNBC PRO Locations: Miami Gardens , Florida

☆ Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
▼ + stars: | 2023-12-20 | by ( Alex Sherman | ) www.cnbc.com time to read: +14 min

Executive 2: Bob Iger will, again, extend his contract as Disney CEO Earlier this year, Disney CEO Bob Iger renewed his contract through 2026. This executive predicted "fool me five times, shame on me." This executive predicted Peltz and Rasulo will win their campaign and both join the board. This person predicted Disney would purchase privately held Candle Media to acquire Moonbug Entertainment, the owner of CoComelon. This executive predicted Yaccarino would either lose patience or find her job increasingly pointless and leave the company in 2024.

Persons: Andrew Ross Sorkin, Walt Disney Company Bob Iger, Michael M, David Zaslav, Slaven Vlasic, NBCUniversal, Brian Roberts, Roberts, Donna Langley, Bob Iger, Iger, Nelson Peltz, Jay Rasulo, Marco Bello, Peltz, Rasulo, Disney's, Dana Walden, Dana Walden Jason Laveris, Disney Entertainment Dana Walden, Walden, Bob Chapek, Andrew Wilson, Wilson, Chris Licht wouldn't, McCarthy, Andrew Wilson Michael Newberg, Kevin Mayer, Mayer, Bryan van der Beek, Tom Staggs, Staggs, Jayson Tatum, Kyle Terada, NBCUniversal's Peacock, Alec Martinez, Gray, Discovery's Max, Jeff Zucker, Lady Michelle Obama's, Michelle Obamas, Cheriss, Gerry Cardinale, Jeff Shell, RedBird, Shari Redstone's, David Ellison, Byron Trott, Zucker, Mark Thompson, Linda Yaccarino, X Linda Yaccarino, Vox, Jerod Harris, Yaccarino, CNBC's Julia Boorstin, Boorstin, Elon Musk's, Jason LaVeris, Barbie, Mario, Oppenheimer, LightShed's Greenfield Organizations: Walt Disney Company, New York Times, Santiago, Getty, Jazz, Lincoln Center, Warner Bros ., Comcast, Warner Bros, Discovery, Disney, Trian Fund Management, Future Investment Initiative, Summit, Bloomberg, Filmmagic, Disney Entertainment, Electronic Arts, CNBC, Candle Media, Iger, Media, Moonbug Entertainment, Apple Boston Celtics, Golden State Warriors, USA, National Basketball Association, NBA, Apple, The College, ESPN, College, NHL, MLB, Vegas Golden Knights, Florida Panthers, Mobile, National Hockey League, Diamond Sports Group, Scripps, Gray Television, Las Vegas Golden Knights, Arizona Coyotes, Phoenix Suns, Street Journal, Netflix, Hulu, Max, Paramount, RedBird, Paramount Global, CNN Worldwide, CNN, NurPhoto, BDT, The Ritz, Carlton, FilmMagic, Mario Bros Locations: New York City, Disney, Miami , Florida, Las Vegas , Nevada, Laguna Niguel, Dana Point , California

☆ Inside the WNBA's strategy to partner with companies like Deloitte and Google to propel the league — and how it'll leverage that growth in its next rights negotiations
▼ + stars: | 2023-12-04 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +7 min

She listened to her players and what they wanted from the league, including a higher salary cap, but knew she couldn't meet all of their needs. One partner, Deloitte, overhauled the WNBA's app, for example. The current rights deal for the WNBA, which is coming off its largest regular-season viewership in more than two decades, runs through 2025. The mid-season Commissioner's Cup is sponsored by league partner Coinbase. The streaming app WNBA League Pass also brought in viewership, as did deals with Meta and YouTube.

Persons: Cathy Engelbert's, Engelbert, It's, Coinbase, Ethan Miller, Engelbert's, Disney, Nielsen, Ion Organizations: WNBA, Business, Deloitte, Nike, Google, US Bank, Companies, NBA, YouTube, Disney, Team, Seattle Storm's, ESPN, ABC, Scripps Ion, CBS, Meta, Scripps Locations: Las Vegas

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