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☆ WBD's streaming chief JB Perrette reveals the plan to get Max growing
▼ + stars: | 2024-05-21 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Discovery's Max was supposed to become a Netflix killer when it rolled out a year ago. It combined HBO Max's prestige originals with Discovery+'s reality TV fare to capture viewers as they migrate away from WBD's bedrock traditional TV business. Related storiesGiven its low penetration, it's possible that Max can add tens of millions of subscribers, he said. WBD execs hope the crackdown will encourage people to subscribe to the three-in-one bundle of Max, Disney+, and its sister app, Hulu. While the overlap between Netflix and Disney+ is high, about half of Disney+ subscribers don't subscribe to Max, and vice versa, so each has a chance to significantly increase its audience.

Persons: —, Discovery's Max, WBD, Max, hasn't, JB Perrette, Perrette, We're Organizations: Service, Warner, Netflix, HBO, Disney, Hulu, Business, Nielsen, Vodafone, Amazon, Paris Olympics, Cartoon Network Locations: WBD, Orange

☆ 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

☆ Four Google execs got 200% stock payouts for 2023 after strong company performance
▼ + stars: | 2024-05-02 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +2 min

Four Google executives will receive 200% performance-based stock payouts in 2023. Google's senior VP and chief business officer each got $35 million in stock for 2023. AdvertisementGoogle parent company Alphabet paid four of its executives tens of millions of dollars in stock payouts for 2023, based on the company's public-markets performance. AdvertisementA 200% stock payout raised the total stock value for Porat and Walker's 2023 compensation to $23 million each. The executives' compensation was approved in early February after a tumultuous year for the company.

Persons: Google's, —, Ruth Porat, Prabhakar Raghavan, Philipp Schindler, Kent Walker, Raghavan, Schindler, Sundar Pichai Organizations: Google, Service, Twitter

☆ Iran's strike on Israel shows how the Biden administration has lost control of the conflict, foreign policy expert says
▼ + stars: | 2024-04-14 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

President Joe Biden told reporters on Friday that he expected Iran to attack Israel "sooner, rather than later." Advertisement"The fact that the Biden administration is both arming Israel and sending aid to Gaza shows the world that the Biden team has no strategic competence," McFate said. But the president's support for Israel runs counter to the reasons he said the US should support Ukraine. "I've just spoken with Prime Minister Netanyahu to reaffirm America's ironclad commitment to the security of Israel," Biden said. However, in the same call, Biden told the prime minister that the US will oppose a counterattack against Iran, a senior White House official told CNN.

Persons: —, Joe Biden, Sean McFate, McFate, Biden, Israel, They've, Benjamin Netanyahu, Netanyahu Organizations: Service, Associated Press, Business, Israel, Syracuse University's Maxwell School of Citizenship, Public Affairs, Washington Post, Biden, Ukraine, Israeli, White House, CNN Locations: Israel, Gaza, Iran, Syria, Damascus, Hamas, Saudi Arabia, Russia, Ukraine

The American plane maker has been under intense pressure since early January, when a panel blew off a brand-new Alaska Airlines 737 Max midflight. Photos You Should See View All 60 ImagesTHE CRASHESThe bulk of criticism and investigations swirling around Boeing today center on the company's Max jets. Boeing agreed to pay $2.5 billion to settle a Justice Department investigation, admitting that employees misled regulators about the safety of the 737 Max. Last year, Boeing reported a problem with fittings on Max jets where the fuselage meets the vertical section of the tail. Also under investigation is what prompted the emergency landing in Wichita, Kansas, of a Denver-bound United Airlines flight in December.

Persons: Max midflight, That's, Max, shakeups, David Calhoun, Calhoun, —, “ Organizations: Boeing, Alaska Airlines, Delta Air Lines, United Airlines, Airbus, Indonesia’s, Ethiopian Airlines, Department, MORE, FBI, FAA, Spirit, United Airlines Boeing, Max, Passengers, National Transportation Safety, American Airlines, Southwest Airlines, NTSB Locations: Arlington , Virginia, Addis Ababa, Oregon, Wichita , Kansas, Newark , New Jersey, Denver, San Francisco, Los Angeles, —

☆ Dan Schneider created a Nickelodeon empire that was 'traumatizing' to his cast and crew. Now, it's the subject of a 4-part docuseries.
▼ + stars: | 2024-02-08 | by ( Olivia Singh | ) www.businessinsider.com time to read: +1 min

Investigation Discovery is releasing a docuseries about the toxic work environment on some famous Nickelodeon shows. BI previously reported allegations from actors, writers, and crew members that Dan Schneider's sets were "traumatizing." "Quiet on Set: The Dark Side of Kids TV" premieres across two nights on March 17 and 18. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: Dan Schneider's, —, Dan Schneider, Sony's Maxine Organizations: Nickelodeon, Service, Kids, Sony's Maxine Productions, Business

☆ 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

☆ A woman is suing SharkNinja for claiming that its frying pan is made at temperatures hotter than the sun
▼ + stars: | 2023-10-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

SharkNinja says its frying pans have a stronger nonstick coating because they're made at 30,000°F. SharkNinja claims that its nonstick pans are manufactured under a maximum temperature of 30,000°F, which is almost three times hotter than the surface of the sun. The company says the super hot temperature ensures that the nonstick coating on its pans is more resistant than competitor pans made at lower temperatures. Brown purchased two 12-inch, nonstick frying pans made by SharkNinja in 2021, according to the lawsuit. As Brown's case unfolds, Mon said he's waiting to see whether SharkNinja will present evidence on additional foods they've tested.

Persons: SharkNinja, they're, —, Patricia Brown, SharkNinja's, Brown, Gonzalo E, Kelley Drye, Warren, Mon Organizations: Service, New, Court, NASA, Washington Post, National Advertising Locations: New Jersey, Danish

☆ NBA can shift the balance of power in media with its next rights deal
▼ + stars: | 2023-10-06 | by ( Alex Sherman | ) www.cnbc.com time to read: +10 min

Every media rights renewal for the NBA is an important event because it only happens about once a decade. But with the National Football League's media rights locked up until 2033, the NBA has a unique opportunity to play media kingmaker. CNBC first reported NBCUniversal's interest in again airing NBA games earlier this year. Carving up the piewatch nowThe NBA will have to balance demand against restricting supply to maximize the price for rights. Discovery's TNT, NBA TV, NBA League Pass or a regional sports network.

Persons: Jimmy Butler, Jamal Murray, Justin Edmonds, clamor, John Skipper, Ted Sarandos, Netflix hasn't, We've, Sarandos, that's, Netflix's Ted Sarandos, Jeff Kravitz, That's, Serbian Nikola Jokić, Victor Wembanyama, It's, Peacock, Michael Jordan, Discovery's Max, Aurelien Meunier, Kevin Durant Organizations: Miami Heat, Denver Nuggets, Ball Arena, Getty, Basketball, Comcast, Google, Apple, Netflix, YouTube, NBA, Disney, Warner Bros, Discovery, National Football, ESPN, Global, Slovenian Luka Dončić, Dallas Mavericks, San Antonio Spurs, NBCUniversal, NBC, CNBC, U.S, Metropolitans, Nielsen, Major League Soccer, Major League Baseball, ABC, TNT, NBA TV, Twitter Locations: Denver , Colorado, NBCUniversal, Hollywood , California, Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, Spain, United Kingdom, United States, Slovenian, Serbian, Levallois, Perret, U.S

☆ Amazon will make up to $7 billion in revenue from Prime Video ads, according to Wall Street analysts
▼ + stars: | 2023-10-02 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +2 min

Amazon's decision to start running ads within Prime Video in early 2024 could drive up to $7 billion in ad revenue, according to three new Wall Street notes. UBS isn't the only Wall Street firm betting that Amazon's Prime Video ads will drive billions. UBS expects Prime Video ads will likely have a $30-$42 CPM — the cost to reach 1,000 people. Wedbush analysts expect Amazon to charge $50 CPMs for Prime Video ads. Insider previously reported that Amazon estimates that Prime Video ads will initially reach more than 115 million US monthly users.

Persons: Wedbush, Discovery's Max Organizations: UBS, Nielsen, UBS isn't, Disney, Netflix, Warner Bros, Prime Locations: Canada, Germany, France, Spain, Italy, Mexico, Australia

☆ How Parrot Analytics shook up Hollywood by picking streaming hits
▼ + stars: | 2023-09-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +10 min

The Hollywood strikes thrust Parrot Analytics, which measures film and TV demand, into the spotlight. Parrot Analytics, a decade-old research firm, has in recent years built a complicated reputation in Hollywood with its proprietary system for measuring audience interest in films and TV shows. As streaming consumption skyrocketed and companies like Netflix kept audience data under wraps, Parrot offered one of the few apples-to-apples measurements across different series and films. Some producers and agents say Parrot has brought much-needed transparency to content measurement. "Parrot Analytics would reward quite a few shows that weren't the most viewed shows in America," he wrote.

Persons: Wared Seger, Seger, Parrot, he's, Seger's, Nielsen, Discovery's Max, Julia Alexander —, —, It's, HBO's Casey Bloys, Avalon, Jon Thoday, Matthew Ball, shouldn't, Guy, aren't, it's Organizations: Hollywood, Netflix, SAG, Alliance, Producers, ABC, Nielsen, Disney, CAA, Amazon's, Writers Guild of America, Warner Bros, Amazon Studios Locations: Hollywood, LA, Seger, New Zealand, Boston, America

☆ Max to feature AMC Networks shows like 'Fear the Walking Dead,' 'Killing Eve' this fall
▼ + stars: | 2023-08-28 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +1 min

Discover y's Max will feature more than 200 episodes of recent AMC Networks content for two months. It also provides a bigger audience for AMC Networks' pay TV shows, even though the company has its own streaming service, AMC+. It will also add more programming to Max this fall as the recent writers' and actors' strikes halt Hollywood production of TV shows and films. The AMC shows offered on Max will be available to both ad-supported and commercial-free subscribers at no additional cost. The company's marquee channel, AMC, has been known for hit shows like "Mad Men," "Breaking Bad" and "The Walking Dead."

Persons: Jodie Comer, Sandra Oh, y's Max, Max, Meredith Gertler Organizations: BBC America, Hollywood, Warner Bros, y's, AMC Networks, AMC, Max Locations: Hollywood , California

☆ Disney to raise price on ad-free Disney+ to $13.99 per month starting October 12
▼ + stars: | 2023-08-09 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Commercial-free Disney+ will cost $13.99 per month, a 27% increase, beginning Oct. 12. Disney is increasing the price of Hulu without ads to $17.99 per month, a 20% price hike. When Disney Chief Executive Officer Bob Iger launched Disney+ in 2019, he deliberately set the niche family offering at a low price of $6.99 per month — nearly half the price of Netflix. Iger acknowledged he was surprised the price increase led to minimal cancelations of the service. About 40% of new Disney+ subscribers have signed up for the ad tier, he said.

Persons: Max, Bob Iger, Iger Organizations: Disney, Hulu, Warner Bros, Netflix, Max Locations: Europe, Canada

☆ Warner Bros. Discovery's Max targets MLB playoffs for new streaming sports tier
▼ + stars: | 2023-08-07 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Discovery has targeted the beginning of the Major League Baseball playoffs to debut a sports tier for its Max streaming service, according to people familiar with the matter. The company plans to simulcast games from the MLB, National Basketball Association, National Hockey League and National Collegiate Athletics Association, including college basketball's March Madness, on Max. It also intends to add content from its sports media outlet Bleacher Report, such as highlights and interviews. Discovery plans to brand the new tier using the Bleacher Report name, the people said. No MLB games would appear exclusively on Max.

Persons: Julio Rodríguez, David Zaslav, JB Perrette, Max Organizations: Seattle Mariners, American League, Warner Bros, Discovery, Major League Baseball, Max, MLB, National Basketball Association, National Hockey League, National Collegiate Athletics Association, Time Warner, Warner Bros ., Warner Bros . Discovery, TBS Locations: Max

☆ Ukrainian-founded Duolingo rival Preply banks $70 million to push into A.I.
▼ + stars: | 2023-07-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Preply, a language learning platform connecting people with tutors, raised $70 million of fresh capital to ramp up its use of artificial intelligence, the company told CNBC exclusively. The equity portion was led by Horizon Capital, a venture capital firm focused on investing in emerging entrepreneurs, particularly Ukrainians. The funding adds to a $50 million Series C funding round Preply raised last year, and takes its total funding raised to over $170 million. It comes as Duolingo, a competitor to Preply, has been incorporating OpenAI's GPT language processing software to enhance its app's personalization to users. Horizon Capital raised $125 million for a startup fund aimed at backing Ukrainian founders.

Persons: Kirill Bigai, Dmytro Voloshyn, Serge Lukianov, Preply, Preply's, Max Lytvyn, Alex Shevchenko, Dmitriy Zaporozhets Organizations: CNBC, Horizon Capital, Reach Capital, Hoxton Ventures, Bain, Horizon, Google, Samsung, Amazon Locations: Ukraine, U.S, GroupM, Ukrainian, Preply, Russia, Moscow

☆ Apple TV+ has grown to No. 3 among ad-free streamers, besting Hulu and Max in share — but it faces stiff competition if it launches an ad tier
▼ + stars: | 2023-07-11 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

New data shows Apple TV+ has more than tripled its share of streaming subscribers. More established streamers have had the most success growing their ad tiers. The findings come as Apple TV+ is rumored to be planning to join the other major streamers in chasing video advertising. Apple TV+ has more than tripled its share of ad-free subscribers in the past two years, jumping ahead of Paramount+, Disney's Hulu, and Warner Bros. But Apple TV+ has yet to move into ad-supported streaming, where competitors are seeing their biggest subscriber growth — not to mention new revenue opportunities.

Persons: Peacock, Lauren Fry, Hulu, Discovery's Max, Jonathan Carson Organizations: Apple, Hulu, Paramount, Warner Bros, Netflix, Disney Locations: Hulu

☆ Apple TV+ is growing faster than other streamers, but it'll have a lot of catchup to do when it launches its rumored ad tier
▼ + stars: | 2023-06-30 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

More established streamers have had the most success growing their ad tiers. The findings come as Apple TV+ is rumored to be planning to join the other major streamers in chasing video advertising. Apple hired ad exec Lauren Fry earlier this year to build out the business, The Information reported, stoking speculation about its ad plans. And the streamers that have had an ad-supported tier for a while may have a first-mover advantage, the Antenna data suggests. AntennaNetflix and Disney+, meanwhile, whose ad tiers are the newest — having launched late last year — have only 2% and 5% of their subscribers opting for ads, respectively.

Persons: Peacock, Lauren Fry, Hulu, Discovery's Max, Jonathan Carson Organizations: Hulu, Apple, Paramount, Warner Bros, Netflix, Disney Locations: Hulu

☆ Boeing says about 90% of its China 737 MAX fleet have resumed commercial operation
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +1 min

BEIJING, June 28 (Reuters) - About 90% of Boeing's (BA.N) China 737 MAX fleet have resumed commercial operation as of the end of June, the U.S. aircraft maker said on its official WeChat account on Wednesday. Some planes have been dispatched to regional international routes, Sherry Carbary, president of Boeing China, said in the article. China grounded its entire Boeing 737 MAX fleet after an air crash of one 737 MAX jet operated by Ethiopian Airlines in March 2019, the second deadly accident of the model in five months. State-owned China Southern Airlines (600029.SS) was the country's first carrier to resume the flying of the 737 MAX in January, after the plane was grounded for nearly four years. Chinese airlines then has been gradually reintroducing the model back to operation and in April Boeing estimated that half of the country's MAX fleet was in operation.

Persons: Sherry Carbary, Carbary, Louise Heavens Organizations: U.S, Boeing, MAX, Ethiopian Airlines, China Southern Airlines, Beijing, Thomson Locations: BEIJING, China, Boeing China, Central Asia, Southeast Asia

That's why it's difficult to recommend casual iPad users to spend $270 more for the iPad Air series. Still, the 2022 iPad Air is our mid-range pick for the best iPad. Conversely, the 2022 iPad Air is the value champion for power iPad users. Deal Apple iPad Air (2022) With its powerful processor and mid-level pricing, the 2022 iPad Air is a little overkill for running simple, popular apps and video streaming. Get the 256GB iPad Air, or the base 64GB iPad Air if you don't need the storage.

☆ Mafia boss Messina Denaro held in top security Italian prison
▼ + stars: | 2023-01-18 | by ( ) www.reuters.com time to read: +2 min

[1/4] A general view shows the prison where Italy's most wanted mafia boss Matteo Messina Denaro is detained, in L'Aquila, Italy, January 18, 2023. REUTERS/Gabriele PileriL'AQUILA, Italy, Jan 18 (Reuters) - Mafia boss Matteo Messina Denaro was being held on Wednesday in a high-security jail in central Italy, subject to special restrictions applied to the country's most dangerous prisoners. "I've no criminal record," Messina Denaro, who was caught on Monday after 30 years on the run, told prison guards when he was admitted to the Costarelle prison close to the city of L'Aquila, Italian media reported. Police on Tuesday found the apartment where they believe Messina Denaro had been living for the past few months under the assumed name of Andrea Bonafede. Prosecutors say Messina Denaro was one of the leading figures in Cosa Nostra but preferred to remain in his own region and was not the "boss of bosses" like the late Salvatore "Toto" Riina.

☆ Ukraine looks to technology to help rebuild its economy amid Russia’s onslaught
▼ + stars: | 2022-11-07 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

An attendee passes by the Ukraine stand at the Web Summit 2022 tech conference in Lisbon, Portugal. Ukraine had a notable presence at Web Summit, where it sought support from the global tech community to bolster its fight against Russia. In 2021, Ukraine had a small booth at Web Summit, Krasovsky said. Ukraine Vice Prime Minister Mykhailo Fedorov (right) and First Lady Olena Zelenska (center) attend the Ukraine booth at Web Summit 2022. SID Venture Partners, a venture fund set up by Sigma and fellow Ukrainian tech firms Ideasoft and Datrics, has so far invested in 10 startups with Ukrainian founders, Krasovsky said.

The 2022 iPad Air now runs on Apple's M1 processor, giving it computer-grade performance. Conversely, the 2022 iPad Air is the value champion for power iPad users. Add the fact that the 2022 iPad Air costs $200 less than the $800 11-inch iPad Pro, and you have yourself a tablet that offers incredible value. Get the 256GB iPad Air, or the base 64GB iPad Air if you don't need the storage. Essentially, the 2022 iPad Air is more of a budget version of the iPad Pro than it is a premium version of the standard iPad.

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