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☆ All of a sudden, Ted Cruz really doesn't want to talk about his podcast
▼ + stars: | 2024-04-12 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhen I approached Sen. Ted Cruz at the Capitol this week, he appeared upbeat, quipping that he was "living the dream" when I opened our conversation. iHeartMedia, which signed on as a corporate partner to the podcast in late 2022, has confirmed that the payments to the super PAC were derived from advertising revenue generated by podcast. The Campaign Legal Center and End Citizens United have also filed a complaint with the Federal Election Commission accusing Cruz of violating campaign finance laws. "When you write a positive story on something I've accomplished here, on legislation I've passed, then I'll answer your questions," Cruz replied.

Persons: —, Sen, Ted Cruz, Cruz, iHeartMedia, Colin Allred, Allred, He's, Ron Johnson, JD Vance, Markwayne Mullin, I've Organizations: Service, Capitol, Texas Republican, Business, Democrat, Houston Chronicle, Democratic Rep, Legal, Citizens, Federal, BP, Capitol Hill, FEC, Sens Locations: Houston, BP America, Texas, Wisconsin, Ohio, Oklahoma

☆ Latino-focused media company Sonoro wants to be the next 'IP machine' like Warner Bros. TV. Here are its expansion plans and the pitch deck it used to get investment.
▼ + stars: | 2024-02-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +1 min

Latino-focused media company Sonoro has raised $12.5 million from Lerer Hippeau, Greycroft, and others. Its pitch deck shows how it turns podcasts into TV and film for Netflix and others. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Latino-focused media company Sonoro has raised $12.5 million from Lerer Hippeau, Greycroft, and others to turn audio content for English and Spanish speakers into film and TV.

Persons: Sonoro, —, it's, Josh Weinstein, Camila Victoriano, Gerónimo, Weinstein Organizations: Netflix, Service, Universal Pictures, Business Locations: Mexico, Ulta

☆ iHeartRadio promised to only play 'Taylor's Version' of Taylor Swift songs. It lied.
▼ + stars: | 2024-02-07 | by ( Jack Newsham | Lily Oberstein | ) www.businessinsider.com time to read: +8 min

iHeartMedia promised fans it would only play "Taylor's Version" of songs once they were available. iHeartMedia, which owns 850 radio stations nationwide, promised Taylor Swift and her legions of fans that its stations would only play the newly recorded "Taylor's Version" of her old songs. "Listeners have made it known that they cannot wait to hear Taylor's Version of each track." The iHeart stations in BI's sample played just over 54,000 Taylor Swift songs from March 2021 through December 2023. Other radio stations were less likely to play Taylor's VersionsBI couldn't find any other radio-station operators that promised to play only Taylor's Versions.

Persons: Taylor Swift, iHeartMedia, —, Taylor, Tom Poleman, Swift, iHeart's, iHeart, they're, We've, Wendy Goldberg, Casey Rae, Rae Organizations: Service, Machine Records, iHeart, BI, SiriusXM, Business, ACRcloud Locations: Los Angeles, Chicago, New York

☆ Radio shows surprising resilience even in a rapidly changing media world
▼ + stars: | 2024-01-05 | by ( Drew Richardson | ) www.cnbc.com time to read: +3 min

Pay TV, while newer, has faced more significant declines. Pay TV penetration, on the other hand, fell 20 percentage points between 2014 and 2023, according to data firm Statista. In the third quarter of last year, the pay TV industry shrank at a record pace, analysts at MoffettNathanson said in their latest cord-cutting report. "Terrestrial radio has stayed steady even as other mediums like satellite radio, podcasts and Apple CarPlay have come on board," said Guggenheim media analyst Curry Baker. Contests and sweepstakes represent another unique draw to terrestrial radio.

Persons: It's, MoffettNathanson, Curry Baker, Baker, Elvis Duran, Ryan Seacrest, Sean Hannity, Tom Poleman Organizations: Pew Research, Apple, Guggenheim, Cable, Conservative, Fox News, CNBC Locations: U.S, Los Angeles

☆ T.J. Holmes and Amy Robach return to the air with a podcast. ‘Nothing is off limits’ for the former ABC anchors
▼ + stars: | 2023-11-01 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Former ABC News anchors T.J. Holmes and Amy Robach are on-air partners again, this time with a new podcast. The pair are joining iHeartMedia to host a new “highly anticipated” weekly podcast, called “Amy & T.J.” beginning December 5, the company announced Wednesday. It’s the “first time Robach and Holmes speak publicly since their own names became a part of the headlines,” a released teased. The duo was taken off the air, and later released from the network, following a report of an undisclosed romantic relationship earlier this year. Last December, photos surfaced in the Daily Mail showing the pair apparently engaged in a romantic relationship.

Persons: Holmes, Amy Robach, Amy, T.J, ”, Kim Godwin, ” Holmes, Robach, Eva Pilgrim, DeMarco Morgan Organizations: New, New York CNN, Former ABC News, Spotify, Daily, ABC Locations: New York, ”

☆ Sen. Ted Cruz is worth at least $2.6 million, according to financial disclosures
▼ + stars: | 2023-09-03 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Heidi Cruz, his wife, is wealthy in her own right too. Advertisement Advertisement Watch:Vice President Mike Pence swears Republican Sen. Ted Cruz of Texas in after his 2018 reelection while Heidi Cruz and their daughters look on. Heidi Cruz also holds at least another $500,001 in her own mutual fund. "In 2022, Sen. Cruz was a member of the Commerce Committee along with 12 other Republicans. Cruz later attacked his neighbors after someone leaked Heidi Cruz's text messages to their neighbors mentioning the trip.

Persons: Sen, Ted Cruz, Cruz, Heidi Cruz, Republican Sen, Ted Cruz of, Trump, Donald Trump, Mike Pence, Alex Edelman, Goldman Sachs, Maria Cantwell, Heidi, Beto O'Rourke, Colin Allred Organizations: Service, Republican, Texas Republican, Senate, Exxon Mobil, Enterprise Products, Senate Commerce Committee, Commerce, Bank of America, Texans, Democratic, NFL Locations: Wall, Silicon, Ted Cruz of Texas, America, Houston, Cancun , Mexico

REUTERS/Adrees LatifNEW YORK, Aug 14 (Reuters) - Michael Burry, the money manager made famous in the book and film "The Big Short," held bearish options against the broad S&P 500 and Nasdaq 100 Index at the end of the second quarter, according to securities fillings released on Monday. Put options convey the right to sell shares at a fixed price in the future and are typically bought to express a bearish or defensive view. Michael Lewis' nonfiction book "The Big Short" was released in 2010 and the movie version came out in 2015. The S&P 500 (.SPX) is up roughly 17% for the year to date while the Nasdaq 100 (.IXIC) is up nearly 39% over the same period. Burry, who frequently turns over his portfolio, drew wide attention last August when he dumped all of his long positions and bought a stake in prison company Geo Group Inc (GEO.N).

Persons: Adrees Latif, Michael Burry, Michael Lewis, David Randall, Saqib Iqbal Ahmed, Ira Iosebashvili, Matthew Lewis Organizations: Nasdaq, REUTERS, YORK, Scion Asset Management, U.S, Nvidia, HK, Alibaba Group Holdings, Western Alliance Bancorp, First Republic Bank, RealReal Inc, Warner Bros ., Warner Brothers, Scion, Management, Geo Group Inc, Thomson Locations: Square, Midtown New York, New York

☆ 10 ways artificial intelligence is changing the workplace, from writing performance reviews to making the 4-day workweek possible
▼ + stars: | 2023-07-27 | by ( Aaron Mok | ) www.businessinsider.com time to read: +13 min

Here are 10 ways AI tools such as ChatGPT have entered the workplace — and what may come out of it. Nick Patrick, the owner of the music-production company Primal Sounds Productions, told Insider he used ChatGPT to fine-tune legal contracts for clients. "You really got to find time to, like, learn this skill," Nigam previously told Insider. Companies are using AI to write their performance reviewsManagers may find writing performance reviews for their employees a tough task. He told Insider: "Any technology that increases productivity, ChatGPT included, makes a shorter workweek more feasible."

Persons: OpenAI, Nick Patrick, Shannon Ahern, hadn't, Jensen Huang, Huang, Akash Nigam, Nigam, Neil Taylor, ChatGPT, Taylor, Insider's Beatrice Nolan, Nolan, would've, Jasmine Cheng, Cheng, WorkLife, Carl Benedikt Frey, Michael Chu, iHeartMedia, Goldman Sachs, Goldman, Suumit Shah, chatbot, Anu Madgavkar, Richard Baldwin, Fran Drescher, Jezebel — Organizations: Morning, IBM, Workers, Primal Sounds Productions, Google, Twitter, Companies, Employers, Nvidia, ChatGPT, Sky News, Hulu, Spotify, Mobile, Oracle, Columbia Business School, McKinsey Global Institute, Apple, JPMorgan, Northrop Grumman, AIs, Writers Guild of America, SAG, Journalists, GMG Union of, Media Locations: Taipei, Taiwan, Oxford

☆ Concert season is so weird right now
▼ + stars: | 2023-07-08 | by ( Lisa Respers France | ) edition.cnn.com time to read: +5 min

Which “hurls” us into this week’s newsletter…Something to sip on…Pink performs on stage during a concert in Vienna, on July 1. ALEX HALADA/AFP via Getty Images“No home training.” – That’s what my late grandmother would have said about people who are throwing things at artists during concerts these days. Because clearly, if you are throwing things during a concert, you want to be a part of the performance. The married couple have a new weekly podcast, “The Best Podcast Ever.” Part of iHeartMedia’s Outspoken series, the project aims to amplify voices throughout the LGBTQ+ community. “The Best Podcast Ever” debuts July 10.

Persons: Pink, ALEX HALADA, ”, Lil Nas, Bebe Rexha, wilding, You’re, Tik tok, don’t, Charlie Puth, Adele, … Harrison Ford, Indiana Jones, That’s, ” “ Oppenheimer, Barbie ”, “ Barbie, Miranda Maday, Valerie Macon, Symoné, Miranda Pearman, “, Count, … Andrew Ridgeley, George Michael, Wham, Andrew Ridgeley, It’s, Michael Organizations: CNN, Getty, Lucasfilm, BEST, Netflix, Wembley Locations: Vienna, AFP, Stockholm, New York City, Vegas, Beverly Hills, China, England

☆ Activist Legion Partners spots two possible paths to create value at Clear Channel Outdoor
▼ + stars: | 2023-07-01 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Clear Channel Outdoor is an out-of-home advertising company that offers a variety of advertising services, including through billboards, street furniture displays, transit displays and airport displays. Activist Commentary: Legion is an activist investor whose managing directors are Chris Kiper, previously of Shamrock Activist Value Fund, and Ted White, previously of European activist fund Knight Vinke. Clear Channel effectively has two business lines – Americas and Europe, each with very different business models and valuations. Moreover, since this strategic review of Europe began in December 2021, Clear Channel has announced the sales of businesses in Italy, Spain and Switzerland. CCO first announced its strategic review of the European business in December 2021 and very little has come to fruition.

Persons: Chris Kiper, Ted White, Knight Vinke, Legion, CCO, CCO's underperformance, Ken Squire Organizations: Clear, Value Fund, Legion Partners, Europe, Legion, 13D Locations: U.S, Europe, Americas, iHeartMedia, Italy, Spain, Switzerland, America

☆ 'World's first radio station with an AI DJ': Oregon's Live 95.5 uses a cloned human voice to host segments
▼ + stars: | 2023-06-18 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

On Tuesday, a Portland, Oregon radio station announced that an AI DJ would become a part-time host of the broadcast. Listeners to Live 95.5, a radio station in Portland, Oregon, can now tune in to hear a part-time AI DJ hosting for five hours every day. On Tuesday, KBFF, Live 95.5 introduced its audience to "AI Ashley," a cloned version of the station's midday host named Ashley Elzinga. Although the station asserts it's the "world's first radio station with an AI DJ," it's unclear whether this has been attempted before. According to TechCrunch, the station has already planned out ways Elzinga and AI Ashley can both contribute to Live 95.5.

Persons: Ashley, Media's, Ashley Elzinga, Taylor Swift, isn't, Phil Becker, Becker, Jackson Organizations: Morning, TechCrunch, Alpha Media, Portland's, Media, Apple Locations: Portland , Oregon

☆ Ted Cruz defends three-times-a-week podcasting side-hustle, says it's a 'critical part of the job'
▼ + stars: | 2023-05-04 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Ted Cruz's highest-profile 2024 Democratic challenger says the Texas senator is podcasting too much. But Cruz argues that hosting a thrice-weekly podcast is "critical" to being effective as a senator. "That is not somehow peripheral to doing the job," said Cruz. The Texas senator began the project over three years ago, during former President Donald Trump's first impeachment trial. Though some other lawmakers also host podcasts, Cruz is well ahead of the pack in terms of the sheer volume of podcasting he does.

☆ A solid start to earnings season will be put to the test in the week ahead
▼ + stars: | 2023-04-29 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

The biggest week of this earnings season showed us that things aren't as bad as many feared. The week ahead of earnings, including several more Club names, should tell us more. The results are always important, but it's the guidance and management commentary we will really hone in on to better understand the path ahead. In Amazon's case, a solid first quarter for its AWS cloud business was overshadowed by management seeing a material slowdown in April. ET: Nonfarm Payrolls Looking back It was the biggest week of this earnings season for the Club as several of our mega-cap holdings and industry bellwethers reported results.

☆ Ted Cruz keeps dodging on whether he agrees with his former podcast co-host's call to eradicate 'transgenderism'
▼ + stars: | 2023-03-07 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Conservative personality Michael Knowles called for the eradication of "transgenderism" in a CPAC speech. "I think the extreme left's ideology has been very harmful," Cruz initially told Insider on Tuesday before boarding an elevator in the Capitol building. "I get that you have a story you want to write," Cruz told Insider. "The press is being silly and deliberately taking him out of context," Cruz told Insider when first asked about the issue on Tuesday. But even so, Knowles' comments go well beyond what most Republican lawmakers have articulated.

☆ Condé Nast's CMO is exiting after 2 years of leading the company's marketing and consumer revenue business
▼ + stars: | 2022-12-09 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +4 min

Condé Nast CEO has lost its CMO, Deirdre Findlay, who spent two years in the role under CEO Roger Lynch. Condé Nast is looking to remake itself with new lines of business from events to membership businesses. Before joining Condé Nast in early 2019, Lynch was CEO of Pandora where Eisen had also been a corporate advisor. Condé Nast titles include Vogue, New Yorker, and Condé Nast Traveler. Hi All,As I shared in the CMO All Hands today, I have made the difficult decision to leave Condé Nast.

☆ Google, iHeartMedia settle charges of deceptive Pixel 4 ads with FTC, U.S. states
▼ + stars: | 2022-11-28 | by ( Kanishka Singh | ) www.reuters.com time to read: +1 min

[1/2] A woman takes a look on the new Google Pixel 4 smartphone displayed during a Google launch event in New York City, New York, U.S., October 15, 2019. "Google and iHeartMedia paid influencers to promote products they never used, showing a blatant disrespect for truth-in-advertising rules," FTC official Samuel Levine said. In 2019, Google hired iHeartMedia and 11 other radio networks in 10 major markets to have on-air personalities record and broadcast endorsements of the Pixel 4 phone, according to the FTC. The seven states to join the FTC were New York, Arizona, California, Georgia, Illinois, Massachusetts and Texas. The ads ran in English and Spanish and allegedly violated consumer protection laws, the FTC and the seven states said.

☆ Google, iHeartMedia Pay $9 Million to Settle Deceptive Endorsement Claims
▼ + stars: | 2022-11-28 | by ( John D. Mckinnon | ) www.wsj.com time to read: 1 min

WASHINGTON—Google and iHeartMedia Inc. agreed Monday to pay $9.4 million to settle allegations by state and federal authorities that the companies used deceptive endorsements by radio personalities to promote Google’s Pixel 4 phones. The settlement with the Federal Trade Commission and seven state attorneys general also bars radio broadcaster iHeartMedia and Google, a unit of Alphabet Inc., from making similar misrepresentations.

☆ How radio DJs are using TikTok to find new listeners as the app takes over music discovery
▼ + stars: | 2022-11-23 | by ( Dan Whateley | ) www.businessinsider.com time to read: +6 min

"If you can incorporate a TikTok Live while you're actually live on the air broadcasting, there's something really cool about it," he said. She added: "I noticed a huge spike in the people that were listening to my radio station or that just knew of the radio station. Like other incumbents in the music world, radio companies are now determining the best way to use TikTok to grow their businesses. Meanwhile, SiriusXM, which streams over satellite, digital, and via partnerships with auto manufacturers, launched last year a dedicated TikTok radio channel in partnership with the short-video app. As for the radio talent themselves, they're well aware of the impact that TikTok can have on their careers.

If you don't have a Citi credit card, Citi provides an immediate number upon approval of some cards. One such opportunity is happening right now: Citi credit card holders get early access to Pink's Summer Carnival 2.0 tour through November 20, 2022. If you've got a Citi credit card, that means one thing for you: The ability to purchase tickets before everyone else. If you have a Citi credit card, such as the Citi Premier® Card, Citi® Double Cash Card, or Citi Rewards+® Card , you're at the very front of the line. However, some Citi credit cards will instantly issue you a credit card number upon approval.

☆ Analysis: It’s messy history week with ‘Dangerous Liaisons’ and ‘The Crown’
▼ + stars: | 2022-11-12 | by ( Lisa Respers France | ) edition.cnn.com time to read: +6 min

Dusan Martincek/StarzI love, love, love a good origin story – especially one tied to one of my favorite movies. ‘The Crown’ Season 5(From left) Dominic West as Prince Charles and Elizabeth Debicki as Princess Diana in a scene from "The Crown." Something to sip onAngela Bassett as Queen Ramonda in a scene from "Black Panther: Wakanda Forever." Marvel StudiosThe world may not be ready for the emotional journey that is the “Black Panther” sequel. “Black Panther: Wakanda Forever” is steeped in the loss of Chadwick Boseman, who died in 2020 at 43 after a private battle with colon cancer.

☆ Democratic upset in U.S. midterms could roil markets, options mavens say
▼ + stars: | 2022-11-08 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +4 min

NEW YORK, Nov 8 (Reuters) - An unexpected result in Tuesday’s U.S. midterm election could roil markets positioned for relative calm, options strategists said. Control of the U.S. Congress is at stake in Tuesday's midterms, with Republicans favored by polls and betting markets to win control of the House of Representatives and possibly the Senate. At the individual stock level, certain names have the potential for higher election-related volatility, strategists at Goldman Sachs said in a note earlier this month. Meanwhile, shares of tobacco company Philip Morris International Inc (PM.N) could be volatile around regulatory restrictions, Goldman’s analysts wrote. Reporting by Saqib Iqbal Ahmed in New York Editing by Ira Iosebashvili and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

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