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☆ From Mike Tyson-Jake Paul fight to NFL games, Netflix interest in live sports is rising
  + stars: | 2024-05-12 | by ( Julie Coleman | ) www.cnbc.com   time to read: +7 min
The company has also leaned into live comedy shows, broadcasting a slew of events including the recent roast of Tom Brady. But on its most recent earnings call in April, co-CEO Ted Sarandos said Netflix isn't "anti-sports, but pro-profitable growth." Conway teaches courses about sports leadership and management, and he spent much of his career as a marketing executive for two Major League Baseball teams. Over the past few years, Apple has bought the rights to air Major League Baseball and Major League Soccer games. CNBC reported last year that Netflix, as well as Amazon, Apple, Comcast's NBCUniversal/Peacock, had expressed potential interest in a contract.
Persons: Rafael Nadal, Tom Brady, Sarandos, Ted Sarandos, Mike Tyson, Jake Paul, Marty Conway, Conway, Needham, Laura Martin, Martin, Brandon Katz, Katz, NBCUniversal, Peacock, William Mao, Octagon, Tyson, Paul, Mao Organizations: Netflix, WWE, Georgetown University, Major League Baseball, Apple, Disney, Warner Bros . Discovery, Fox, Warner Bros, Major League Soccer, National Football League, National Basketball Association, CNBC, NFL, NBA, Comcast
☆ Streaming services are removing tons of movies and shows — it's not personal, it's strictly business
  + stars: | 2023-05-29 | by ( Sarah Whitten Lillian Rizzo | Sarah Whitten | Lillian Rizzo | ) www.cnbc.com   time to read: +5 min
That was the promise of a digital library of movies and TV shows. "Warner Bros. That's why NBCUniversal had to pay itself $500 million to stream Universal TV's "The Office" on Peacock and Warner Bros. Rafael Henrique | Lightrocket | Getty ImagesBy removing the content specifically made for streaming rather than licensed shows and movies, Warner Bros. Warner Bros.
☆ Global audience demand for streaming Asian movies, series grows with hits like 'Squid Game'
  + stars: | 2023-05-28 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +3 min
But investment in Asian, especially Korean, content is still high. "Some might think that supply outstripping demand globally could mean a slight pullback in investment could be on the table. The behemoth streaming service said it plans to invest $2.5 billion over the next four years to produce more Korean shows and movies. While global demand for Korean-language TV shows has increased since early 2020, it has still been outpaced by the supply of the content. Meanwhile, that demand has stagnated in comparison to other Asian language TV series, specifically Japanese and Chinese, according to Parrot.
☆ Here's what media giants face as they try to charm advertisers this week
  + stars: | 2023-05-15 | by ( Lillian Rizzo Alex Sherman | Lillian Rizzo | Alex Sherman | ) www.cnbc.com   time to read: +9 min
Fox Corp. , Disney , Warner Bros. Media executives' messaging to advertisers could center around value this year, particularly as companies continue to offer more content on their streaming services. Cost cuttingWhile media executives will try to convince advertisers to maximize their spending, they'll be pushing that narrative while making fewer shows. The logo of the streaming service Paramount+ on a logo wall at the Paramount+ launch event. Jörg Carstensen | Picture Alliance | Getty ImagesParamount, in particular, has seen a big reliance on franchises, especially for its Paramount+ streaming service.
☆ Disney's Iger may have to add slowing growth to his turnaround checklist
  + stars: | 2023-05-09 | by ( ) www.reuters.com   time to read: +3 min
Disney is also embroiled in a legal fight with Florida Governor Ron DeSantis over state efforts to control Disney World. The media and entertainment giant's Disney+ streaming service is expected to add a net 1.3 million subscribers in the second quarter, compared with additions of 7.9 million a year ago, according to Visible Alpha. "Star Wars" spin-off "The Mandalorian" was Disney+'s most in-demand series both in the U.S. and worldwide during the quarter, according to data provider Parrot Analytics. The streaming unit's operating loss is expected to widen to about $750 million from a loss of nearly $670 million a year earlier. That would mark the slowest growth since the second quarter of 2021, as the company's cable business also takes a hit from an ad market slowdown.
☆ DC Studios' future begins with Marvel's 'Guardians of the Galaxy Vol 3'
  + stars: | 2023-05-04 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +15 min
And, for once, the success of a Marvel film could bode well for the future of its longtime adversary. On the theatrical side, DC Studios has announced five new projects that will roll out starting in 2025 with Gunn's own "Superman: Legacy." "And I think Marvel Studios, sooner rather than later, needs to tell us what's going on with Spider-Man." He sees this as the result of predictable plotlines within the genre that are repeated across both studios' films. Marvel Studios
☆ 'Max'ing out on streaming: Warner Bros. Discovery to unveil new streaming service
  + stars: | 2023-04-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Max'ing out on streaming: Warner Bros. Discovery to unveil new streaming serviceHosted 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. Alex Sherman, CNBC Business News, and Brandon Katz, entertainment industry strategist at Parrot Analytics, join the show to discuss the new streaming service from Warner Bros.
☆ The Oscar box office bump is shrinking
  + stars: | 2023-03-10 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +4 min
The winner of the best picture award at Sunday's Oscars may not get a box office bump for taking home the night's biggest prize. The result has been a smaller bump in box office at the time of nominations and a significant surge in streaming demand. For 2014's "American Sniper," 99% of its box office ticket sales came after its nomination, a whopping $346 million. This year, all of the best picture nominees saw less than 13% of revenue from post-nomination box office except for one. "For decades, we've seen contenders pick up extra box office ticket sales once the picture nominations were announced.
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