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“I’ve known him for seven years,” the two-time NFL MVP said after the team’s organized team activities (OTA’s). Mahomes, 28, reiterated that he didn’t “necessarily agree” with what was said when asked what part of Butker’s speech he disagreed with. Mahomes said Butker is a “good person” despite “not necessarily agreeing” with his comments. “Everybody is from different areas, different religions, different races and we all get along. “Harrison Butker gave a speech in his personal capacity.
Persons: Patrick Mahomes, Harrison Butker, Mahomes, , ” Mahomes, “ We’re, , , Taylor Swift, “ I’m, I’m, Andy Reid, Butker, Ryan Kang, ” Reid, Reid, Roger Goodell, ” Goodell, “ Harrison Butker, Jonathan Beane Organizations: CNN, Kansas City Chiefs, Benedictine College, ” Chiefs, National Football League’s, NFL Locations: Atchison , Kansas, Nashville, America
It was the upstart athletic brand that was making real inroads against Nike, the dominant name in the industry. People saw it as a company that actually could break through and take market share from Nike among the hardcore athletes,” Swartz said. String of controversiesThe period from 2016 onward is when “things really started to fall apart” at Under Armour, Swartz said. A bulk of Under Armour products are sold through sporting goods retailers and department stores, including Macy’s and Kohl’s, and online. The basketball superstar Curry, arguably the best shooter in history, famously signed with Under Armour instead of Nike in 2013.
Persons: Armour, Stephen Curry, Jordan Spieth, Kevin Plank, Howard Schultz’s, Bob Iger’s, Plank, , David Swartz, Morningstar, ” Swartz, Justin Sullivan, Tommy Gilligan, ” Plank, Swartz, , , Stephanie Linnartz, ” Schwartz, Andrew Kelly, Merrell, Zak Stambor, Stambor, Plank’s, Noel Celis, Eric Smallwood, Dwayne Johnson, Johnson, ” Smallwood, Smallwood, Curry, Joel Embiid, Embiid, Skechers, Caitlin Clark Organizations: New, New York CNN, Nike, Starbucks, Disney, CNN, Sports, North, Maryland Terrapins, Southern Methodist Mustangs, Capital, Maryland, Reuters, , Armour, Sports Authority, Sporting Goods, UCLA, US Securities and Exchange Commission, Footwear News, Adidas, NBA Golden State Warriors, UA Curry II, Getty, Apex Marketing, United Football League, NBA, WNBA Locations: New York, San Rafael , California, North America, College Park , Maryland, Manhattan , New York, Petaluma , California, Manila, AFP
Netflix's cheaper, ad-supported tier has amassed 40 million global monthly active users, the company said Wednesday. That's nearly double the 23 million figure the streaming giant shared in January. The company also said it would launch its own advertising platform and no longer partner with Microsoft for that technology. The tech giant will remain a programmatic advertising partner, but will also be joined by other ad tech companies including The Trade Desk, Google Display & Video 360 and Magnite. The streaming giant joined its media peers for the second time in making an annual pitch to lock in advertising for its platform.
Persons: That's, Ted Sarandos, Sarandos Organizations: Microsoft, Netflix, National Football League, CNBC, NFL Locations: Canada, U.S
Premier League clubs are set to hold a vote at their annual general meeting next month on a proposal to abolish the video assistant referee (VAR) system from the start of next season. A Wolves statement said the move came “after careful consideration and with the utmost respect for the Premier League, (referees body) PGMOL and our fellow competitors. “However, after five seasons of VAR in the Premier League, it is time for a constructive and critical debate on its future. GO DEEPER Should Premier League clubs vote to scrap VAR? Has VAR worked in the Premier League?
Persons: , Shaun Botterill, , Liverpool’s Luis Diaz, Mikel Arteta, Anthony Gordon’s, , — PGMOL, Stuart Attwell, Diaz’s, Marc Atkins, Fredrik Reinfeldt, Phil Buckingham, Tony Scholes, Scholes, Johan Lindvall, David Rogers Organizations: Premier League, Wolverhampton Wanderers, , ” Wolves, Premier, Tottenham Hotspur, Arsenal, Newcastle United, Nottingham Forest, Everton, International Football Association Board, Swedish Football Association, Premier League’s, Allsvenskan, Europe’s, Swedish Professional Football Leagues, Getty Locations: Harrogate, Sweden, , Russia, “ Sweden
But it's no longer just about digital ad dollars, and Amazon's inaugural presence at this year's Upfronts events is the clearest indication that the e-commerce giant is prepared to take on traditional media. Amazon's Prime Video and other streamers would historically be featured at Newfronts, which is digital media's take on Upfronts. This year, they're projected to spend roughly $18.8 billion on traditional TV ads during Upfronts, an increase of 1% from a year earlier, according to eMarketer. 1 question all of you asked was, 'When are you going to show ads on Prime Video?'" He showed how the business has evolved to include digital video ads on Prime Video.
Persons: they're, Cowen, Alan Moss, we've, Reese Witherspoon, Jake Gyllenhaal, Paul Kotas, We've, Kotas, we're, — CNBC's Lillian Rizzo, Alex Sherman Organizations: Meta, Google, Amazon, Disney, Comcast, Netflix, Google's YouTube, Prime, Revenue, National Football League, CNBC Locations: Amazon, U.S
Netflix and the N.F.L. Sign a Three-Season Deal
  + stars: | 2024-05-15 | by ( Nicole Sperling | ) www.nytimes.com   time to read: +1 min
On Wednesday, the streaming giant announced a three-season deal with the National Football League that will include showing two Christmas Day games on its service this year. It’s the first time Netflix has become partners with a major sports league, and it likely won’t be the last. The move follows Netflix’s increasingly aggressive push into the business of live events. “There are no live annual events, sports or otherwise, that compare with the audiences N.F.L. football attracts.”The streaming business has matured in the United States, and though Netflix is the dominant service, it still needs to keep growing.
Persons: Tom Brady ”, John Mulaney, Katt Williams, Foke ”, , Bela Bejaria Organizations: Netflix, National Football League Locations: Los Angeles, United States, America
Discovery said that they would bundle their streaming services, selling users a package that included Disney+, Hulu and Max. For years, the company has offered services like Netflix and Apple TV+ as add-ons to its existing television bundle, acting as a vendor for those companies. Comcast, which has millions of broadband and cable television customers across the United States, has different incentives to bundle streaming services together than many of its competitors do. Many other internet providers have sold bundles that include streaming services. When the short-lived short-form streaming service Quibi launched, T-Mobile offered to bundle its wireless offering with that service.
Persons: Quibi Organizations: Warner Bros, Discovery, Fox, Disney, National Basketball Association, National Football League, Max, Comcast, Netflix, Apple, Verizon, Mobile Locations: Xfinity, United States
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
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
Xavier Gutierrez, CEO of the Arizona Coyotes and CEO of ImpactX Sports Group (L), and Pedro Guerrero, CEO of Guerrero Media. Gutierrez had previously been a managing director at private equity firm Clearlake Capital Group and knew Meruelo for about a decade before becoming the NHL's first-ever Latino CEO. It took a Latino owner to hire a Latino CEO, Gutierrez explained in an interview, because Hispanics are not well-represented in leadership positions in professional sports. Gutierrez, who is technically still CEO of the Arizona Coyotes even though the franchise is inactive, says he is the only non-owner Latino CEO. Gutierrez and Pedro Antonio Guerrero, the CEO of executive advancement company Guerrero Media, introduced Latinos in Sports at an event in Miami last week.
Persons: Xavier Gutierrez, Pedro Guerrero, Alex Meruelo, Gutierrez, Jorge Mas, haven't, Pedro Antonio Guerrero, Vianni Lubus, Mike Valdes, Fauli, José Feliciano Organizations: Arizona Coyotes, ImpactX Sports, Guerrero Media, Hockey League's Arizona Coyotes, Arizona team's, Coyotes, Clearlake Capital Group, NHL, National Football League, National Basketball Association, Major League Baseball, Major League Soccer, MLS, Inter Miami CF, Sports, CNBC, Chemistry Cultura, Clearlake Capital, Premier League's Chelsea Football Club Locations: Utah, Arizona, Guadalajara, Mexico, Cuban, American, U.S, Canada, Miami
Disney Why we own it: We value Disney for its best-in-class experiential entertainment Parks business, which has proven to have immense pricing power. In the second quarter, the combined business — Disney+, India's Disney+ Hotstar, Hulu and ESPN+ — saw losses of $18 million, far better than the $659 million loss in the year-ago period. DTC profitability benefited from Disney+ core subscriber growth, higher retail subscription prices, increased advertising revenue on the back of higher impressions, and lower distribution costs. Clearly, Disney still has a big opportunity in sports as they execute on their DTC streaming strategy for ESPN. The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022.
Persons: , Nelson Peltz, wouldn't, Hugh Johnston, Jim Cramer's, Jim Cramer, Jim, Presley Ann Organizations: Club, Revenue, LSEG, Disney, Parks, ESPN, Comcast, Netflix, Warner Bros Discovery, Paramount Global, CNBC, seasonality, Entertainment, Hulu, Hulu Live, Sports ESPN, College Football, National Football League, Walt Disney World, Disney Cruise, Disneyland, Hong Kong, Getty Locations: Hulu, India, Florida, California, Hong, Los Angeles
We'll show you everything you need to know about tuning in for Season 3, including where to watch Welcome to Wrexham live and on-demand. Where to watch Welcome to Wrexham in the USWelcome to Wrexham airs on Thursdays at 10 p.m. If you don't have cable, you can watch FX through live TV streaming packages like Sling TV and Hulu + Live TV. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Shop at HuluWhere to watch Welcome to Wrexham in the UKWelcome to Wrexham is available to stream in Disney+ in the UK.
Persons: Rob McElhenney, Ryan Reynolds, Hulu's, ExpressVPN Organizations: Business, Wrexham, Wrexham Association Football Club, English Football League, National League, FX, Hulu, Disney, ESPN, Disney Plus Locations: Wrexham, Hulu, Disney
CNN —The Atlanta Falcons surprised the NFL world on Thursday, selecting quarterback Michael Penix Jr. with the No. They also expressed their excitement in having someone to help them win right now in the former Minnesota Vikings QB, while also being able to build for the future with Penix Jr. Morris said that Cousins’ reaction when he was informed that the team would be selecting Penix Jr. would remain private. The Falcons are hoping a similar tactic works for them, now that Cousins and Penix Jr. are at the franchise. Penix Jr. performs in the 2024 NFL Combine.
Persons: Michael Penix Jr, Kirk Cousins, Cousins, Penix Jr, Mike McCartney, ” McCartney, Mike Garafolo, , Kirk, Terry Fontenot, Raheem Morris, Morris, Penix, ” Morris, “ It’s, ” Cousins, Mike Stewart, Jordan Love, Aaron Rodgers, Rodgers, grumbled, Love, that’s, Kirby Lee, Kirk’s, Michael, ” Penix, Patrick Mahomes Organizations: CNN, The Atlanta Falcons, NFL, Falcons, Atlanta, Minnesota Vikings QB, Packers, New York Jets, National Football League, USA, Reuters, Washington, FBS Locations: New York, Cousins, Indiana, Washington
As Elijah Higgins sat on a witness stand this week, he detailed the similarities between his experience last season as a rookie tight end for the Arizona Cardinals and the four years he had spent playing football at Stanford University. Five or six days a week at each level of play, he was immersed in football activities: lifting weights, practice, film study, physical therapy and playing games. There are some differences, Higgins allowed. The only other distinction is that, in contrast to Stanford, he now earns a paycheck. last season was $750,000.
Persons: Elijah Higgins, Higgins Organizations: Arizona Cardinals, Stanford University ., National Football League, Stanford
DisparityThanks to its multi-billion-dollar TV deals, the Premier League is often celebrated as a UK Inc. success story. Andrew Powell/Liverpool FC/Getty ImagesBy targeting talents from lower-league academies, Premier League clubs don’t have to pay inflated transfer fees. The mooted introduction of an independent regulator comes against the backdrop of some Premier League clubs falling foul of the Premier League’s Profitability and Sustainability Rules (PSR). Earlier this month, Everton were handed a further two-point deduction for allegedly breaching Premier League financial rules. Relegated from the Premier League in 2023, Leicester denies any wrongdoing and opened legal proceedings against the Premier League and the EFL, but could face a points deduction if found guilty.
Persons: Abu, , Kieran Maguire, Marie Antoinette ”, Marie Antoinette, – James McConnell –, Gabriele Biancheri, James McConnell, Bobby Clark, Andrew Powell, Caroline Dinenage, Maguire, Richard Masters, ” Maguire, , , ” Masters, Phil Noble, we’ve, It’s, Mike Egerton, they’ve Organizations: CNN —, Manchester City, League, Reading FC –, Reading, English Football League, CNN, British, Premier League, Inc, Sunderland, Manchester United, Cardiff City, Liverpool, Chelsea, Liverpool FC, Getty, Premier League clubs, Culture , Media, Sport Committee, Premier League clubs “, Premier League’s, ” CNN, The Times, European Super League, National League, Everton, Nottingham Forest, Manchester City –, Reuters, Nottingham, “ Premier League, Leicester City, Leicester Locations: Istanbul, Manchester, Abu Dhabi, France, Europe, England’s, Britain's
But the impression that Simpson’s all-consuming trial had on shaping the modern media environment cannot be overstated. Simpson’s trial gave way to a media landscape dominated by salacious reality television and talking head-driven cable news. It’s difficult to imagine Trump being elected to the White House without the three-legged stool that Simpson’s trial played a crucial role in building. Reality TV had started earlier, but after Simpson there was a massive profusion of ‘Reality TV,’” Socolow said in an email. “That’s how ‘The Apprentice’ gave Donald Trump a comeback in American culture, and he rode his reality TV stardom to the White House.”
Persons: New York CNN — O.J, Simpson, Donald Trump, Nicole Brown Simpson, Ronald Goldman, Simpson’s, Jeffrey Toobin, Nancy Grace, Greta Van Susteren, Dan Abrams, Harvey Levin, Gregg Jarrett, Al Cowlings, Allen J, Lance Ito’s, Robert Kardashian, Kardashian, Peter Jennings, Tom Brokaw, Andy Lack, , Michael Socolow, Rupert Murdoch, Socolow, , Ted Turner, Murdoch, Trump, “ Simpson, ” Socolow Organizations: New York CNN, National Football League, Patrol, Bronco, Los Angeles Times, CNN, Court TV, The New York Times, NBC, University of Maine Communications, Fox, Fox News, TV Locations: New York, Los Angeles, California, Brentwood, The, Australian
O.J. Simpson dies of cancer at age 76
  + stars: | 2024-04-11 | by ( Doha Madani | ) www.cnbc.com   time to read: +2 min
Simpson, the former NFL star who was acquitted of murdering his ex-wife in a televised trial that gripped the nation, has died of cancer at age 76, according to a statement from his family. Reports circulated in February that Simpson had been diagnosed with prostate cancer and was in hospice care as he underwent chemotherapy. Simpson denied that he was in hospice in a video posted to X, but did not address whether he or not he'd been diagnosed with cancer. When Los Angeles Police officers went to Simpson's home to speak to him about the murders, Simpson did not answer the door but officers noticed blood on the door of his vehicle. Once a revered athlete, Simpson went from a Hall of Fame icon to a murder suspect.
Persons: O.J, Simpson, Ozzie Fumo, David Cook, doesn't, Orenthal James Simpson, Nicole Brown Simpson, Ronald Goldman, Simpson's Organizations: NFL, National Football League, Los Angeles Police, Fame, Ford Locations: Clark County, Las Vegas , Nevada, Los Angeles, Southern
CNN has reached out to the Chiefs, Rees-Zammit’s agent and the NFL for comment. The 23-year-old winger is a star for Wales and his former club Gloucester but elected to leave the security of rugby for the NFL International Player Pathway (IPP) program and eventually an NFL roster. “I fancy a new challenge and what a better challenge than to be in the NFL,” Rees-Zammit told CNN’s Coy Wire earlier this month. Despite never playing American football at any organized level, Rees-Zammit is familiar with the game, having watched the sport from a young age. “My dad as a teenager in the UK, he always played American football,” Rees-Zammit explained to Wire.
Persons: CNN — Louis Rees, Rees, ” Rees, Zammit, CNN’s Coy, “ I’ve, Organizations: CNN, National Football League, Welsh, Kansas City Chiefs, ESPN, Chiefs, NFL, Wales, Gloucester, Irish Lions, American Locations: American
The ex-soccer chief, Chen Xuyuan, was jailed on Tuesday alongside multiple senior sporting executives, according to state media, following a months-long investigation. Five years later, the Chinese soccer association unveiled a plan to make the country a “world football superpower” by 2050. The Chinese men’s soccer team currently sits third in its FIFA World Cup qualify group, with four points, behind group leader South Korea, and second placed Thailand. Last Thursday, the team drew 2-2 with city-state Singapore, in a major blow to the country’s World Cup 2026 dream. The two sides face off again, on Tuesday, in what is being billed as a crunch match for underperforming China.
Persons: Chen Xuyuan, Xi, Chen, Yu Hongchen, Li Tie, , , Chen Yongliang, Yu, Dong Zheng Organizations: Hong Kong CNN, league, Chinese Super League, Winter, men’s, soccer, FIFA World, South Locations: Hong Kong, Chinese, Hubei, Huangshi, China, South Korea, Thailand, Singapore
In his first public comments since Disney fired him as CEO in November 2022, Bob Chapek told CNBC he sees no reason for Disney-owned ESPN to add minority partners. The company hasn't yet announced a deal to sell a stake in ESPN. Disney owns 80% of ESPN and Hearst owns the other 20%, a structure that's been in place since 1996. Bringing on a technology or telecommunications company such as Verizon or Apple could give ESPN broader distribution options by reaching larger customer bases. That is something, as Bob [Iger] has said, that we are very much open to, but this is about partnership and accelerating the launch or the adoption of ESPN flagship."
Persons: Bob Chapek, Chapek, Bob Iger, CNBC's David Faber, Disney, Iger, Disney's, Jimmy Pitaro, Pitaro, Bob Organizations: Disney, CNBC, ESPN, National Football League, National Basketball Association, Hearst, Verizon, Apple Locations: American
CNN —A former professional rugby union player, who who died in 2023 at the age of 33, has become the first in New Zealand to be formally diagnosed with chronic traumatic encephalopathy (CTE) – the neurogenerative disease associated with repeated head trauma. Billy Guyton died of a suspected suicide last year, CNN affiliate Radio New Zealand (RNZ) reported, and his family subsequently donated his brain to Auckland’s Neurological Foundation Human Brain Bank which made the CTE diagnosis. CNN has contacted New Zealand Rugby for comment. Around the world, players are grappling to deal with the impact of head injuries sustained during their rugby careers. In the UK, some 450 current and former rugby players have now joined lawsuits to take legal action against global governing body World Rugby and the national governing bodies of England and Wales, the Rugby Football Union (RFU) and the Welsh Rugby Union (WRU), Rugby Football League Limited, International Rugby League Limited and British Amateur Rugby League Association.
Persons: CNN —, Billy Guyton, Maurice Curtis, John, RNZ, , , Billy, That’s, Australia – Guyton, ” John Guyton, Michael Buckland, Curtis Organizations: CNN, rugby, Radio New Zealand, Neurological, Brain, Auckland Brain Bank, Super Rugby, Australia, Nelson Weekly, New Zealand Rugby, Australian Sports Brain Bank, World Rugby, Rugby Football Union, RFU, Welsh Rugby Union, WRU, Rugby Football League Limited, International Rugby League Limited, British Amateur Rugby League Association . Lawyers, University of Glasgow, Boston University, University of Sydney, Prevention, Befrienders Locations: New Zealand, Auckland, England, Wales
CNN —Three Rapid Vienna soccer players were not selected for national team duty after video emerged of them taking part in post-match celebrations shouting homophobic chants with a selection of the crowd. Guido Burgstaller, Marco Grüll and Niklas Hedl were seen, among others, chanting after the club defeated rivals Austria Vienna on February 25. Austria’s men’s national team manager Ralf Rangnick said he left the trio out for the upcoming fixtures against Slovakia and Turkey after he and the coaching staff watched videos of the incident. The deciding factor is what the behavior looks like.”Austria manager Ralf Rangnick has not selected the three players from the most recent national team squad. Christian Hofer/Getty ImagesBurgstaller, Rapid Vienna’s club captain, issued an apology online for the “absolute misconduct.”“We bear full responsibility for what happened and deeply regret this action.
Persons: Guido Burgstaller, Marco Grüll, Niklas Hedl, Austria’s, Ralf Rangnick, Rangnick, , they’ve, ” Rangnick, it’s, Christian Hofer, Grüll, , ” Grüll, Thorsten Schick, Maximilian Hofmann, Steffen Hofmann, Stefan Kulovits Organizations: CNN, Rapid Vienna, Austria Vienna, Manchester United, Rapid Vienna’s, SK Rapid, Austrian Football League Locations: Slovakia, Turkey, Austria
watch nowThe owners of this Florida mansion are asking for $24 million for their almost 11,500 square-foot residence inside one of the most expensive gated communities in Delray Beach, Florida. Over the past five years, the Delray Beach market has more than flourished — it has skyrocketed. "But Delray Beach is, without question, one of the region's premier luxury residential markets." An aerial view of the Rockybrook Estate in Delray Beach, Florida. Here's a look inside the 6 bedroom, 10 bathroom Villa Ananda:Aerial view of 9303 Hawk Shadow Lane in Delray Beach.
Persons: Villa Ananda, Daniel Petroni, Senada Adzem, Villa, Adzem, Steve Cohen, Khalil Mack, Gerry Smith, Romeo Santos, Antonio Neri, Neri, Rockybrook, Douglas Elliman, Krent Wieland, Inson Dubois, Liaigre Organizations: CNBC, Miami, Palm, National Football League, Hewlett Packard Enterprise, Adzem, HP Enterprise Locations: Florida, Delray Beach , Florida, Delray Beach, Manhattan , New York, Miami, Delray, Stone, South Florida, Italy's, Adzem
Jim thinks Google has lost focus as it struggles to shake off the narrative that it's lagging in the AI race. With all these things lining up against Google, Jim has been becoming increasingly wary of the stock. Even though Alphabet stock keeps getting dinged for AI misses, Bernstein analysts "don't subscribe to the generative AI risk to Google Search" for now. At the Club, we believe Google's AI chatbot Gemini could be competitive in attracting users, but the advertising opportunity may not be the same. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, Sundar Pichai, Pichai, Jim, Google, Bard, Gemini —, , Axel Springer, they're, Bernstein, playbook, Meta, haven't, Jim Cramer's Organizations: Google, Apple, Microsoft, Nvidia, Tesla, The Club, Politico, U.S, Club, NFL, YouTube, National Football League, Management, Sunday, Meta, Walmart, CNBC, Future Publishing, Getty Locations: U.S
Just weeks after Amazon cut hundreds of jobs across its Prime Video and MGM Studios divisions, the advertisements officially arrived on Prime Video on Jan. 29. This gives Amazon first-hand customer data from Prime members it can leverage for advertisers who want to show ads during Prime Video shows. "While still early days, streaming TV advertising continues to grow quickly," Jassy said on the fourth-quarter earnings call. Additionally, the potential audience for Prime Video is huge – the company has said it has more than 200 million Prime subscribers. Prime Video keeps putting out new movies and shows like the popular "Lord of the Rings", "Reacher", "Mr. & Mrs. Smith", and "Citadel".
Persons: There's, Andy Jassy, , Jassy, Brian Olsavsky, Cowen, TD Cowen, Canaves, Smith, Peacock, Jim Cramer's, Jim Cramer, Jim Organizations: MGM Studios, Netflix, Disney, Amazon, Amazon Web Services, Walmart, Kroger, Insider Intelligence, Prime, Paramount Global, Walmart –, TV, U.S, Intelligence, National Football League, Football, Nielsen, QR, NFL, Comcast, Miami Dolphins, Kansas City Chiefs, Chiefs, San Francisco 49ers, Super, Paramount, CNBC
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