DIRS.INFO The most relevant business & tech news

☆ J.D. Vance, in the Mix to Be Trump’s Running Mate, Joins Him in Court
▼ + stars: | 2024-05-13 | by ( Michael C. Bender | More About Michael C. Bender | ) www.nytimes.com time to read: +1 min

Senator J.D. Vance, an Ohio Republican, joined Donald J. Trump’s entourage in court on Monday as the prosecution’s star witness, Michael D. Cohen, the former president’s fixer-turned-nemesis, took the stand. Mr. Vance’s presence could signal a new frontier for Mr. Trump’s testing of potential running mates. But Mr. Vance, who had been aggressively critical of Mr. Trump before running for office, has worked to repair that relationship, and is now one of his most vocal defenders in the Senate. Mr. Vance’s seat in court on Monday could also be chalked up simply as well-timed support for the former president.

Persons: J.D, Vance, Donald J, Michael D, Cohen, Trump, Vance’s, Tommy Tuberville, Nicole Malliotakis, Brenna Bird Organizations: Ohio Republican Locations: Ohio, Alabama, New York, Iowa

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

☆ Play-by-Play and Drawings on an iPad: How Cable TV Covers a TV-Less Trial
▼ + stars: | 2024-05-13 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

The trial of former President Donald J. Trump has all the elements of a made-for-TV thriller: sex, politics and potential consequences for the future of the republic. One problem: no TV. The testimony on Monday of Michael Cohen, Mr. Trump’s lawyer-turned-witness for the prosecution, was the kind of highly anticipated, high-drama moment that would make for riveting television if it could be watched live. Sketches, still photographs and footage of Mr. Trump walking in and out of the courthouse now typically fill the screens of the major cable news channels, as their on-air personnel narrate the day’s events. The coverage has the feel of a live baseball radio broadcast, with commentators creating word-pictures for their audience.

Persons: Donald J, Trump, Michael Cohen, Trump’s Locations: Lower Manhattan

Below, we'll break down all of your Interview with the Vampire Season 2 watch options. Where to watch Interview with the Vampire in the USInterview with the Vampire airs at 9 p.m. Shop at SlingWhere to watch Interview with the Vampire in the UKSeason 1 of Interview with the Vampire is available to stream for free through BBC iPlayer in the UK. This can also be used to watch Interview with a Vampire for free via TVNZ in New Zealand. How to watch Interview with the Vampire with a VPNSign up for a VPN if you don't already have one.

Persons: we've, Anne Rice, Louis de Pointe, Jacob Anderson, Daniel Molloy, Eric Bogosian, Lestat de Lioncourt, Sam Reid, Claudia, Bailey Bass, Delainey Hayles, Brad Pitt, Tom Cruise, you've, Philo Organizations: Business, AMC, Sling, BBC, HGTV, Lifetime, TVNZ Locations: Louis de Pointe du Lac, BBC America, New Zealand

☆ 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

☆ Jean Smart Is Having a Third Act for the Ages
▼ + stars: | 2024-05-12 | by ( J Wortham | ) www.nytimes.com time to read: +2 min

The slight is hurled early on in “Hacks,” the popular HBO series starring Jean Smart as Deborah Vance, a seasoned comedian who teams up with a younger one named Ava (Hannah Einbinder) to freshen up her act. Deborah, meanwhile, sees Ava as a bit of a hack herself — an entitled and spoiled young internet persona who was canceled for posting a joke about a closeted senator. Deborah is a workaholic on the verge of bitter, someone who grew tired of being cut and so became a knife. Just how far is Deborah Vance willing to go? In one of the show’s funniest moments, Deborah bluntly asks Ava, “You a lesbian?” Ava leans back in her chair while considering the question.

Persons: Jean Smart, Deborah Vance, Ava, Hannah Einbinder, Deborah —, Deborah, —, Z, “, ” Ava, Deborah doesn’t, Rachel Maddow’s Organizations: HBO Locations: Las Vegas

☆ 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

Signage stands outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S., on Friday, Aug. 10, 2018. Sinclair , one of the largest owners of broadcast stations in the U.S., is looking to sell more than 30% of its footprint, according to people familiar with the matter. Sinclair owns or operates 185 TV stations in 86 markets. Broadcast TV station groups have suffered in the past five years as millions of Americans have canceled traditional pay TV. Most stations make money from so-called retransmission fees, paid on a per-subscriber rate by traditional TV distributors, such as Comcast, DirecTV, and Charter, for the right to carry the stations.

Persons: Sinclair, Moelis, Chris Ripley, we've, Ripley, Spokespeople Organizations: Sinclair, Group Inc, Fox, NBC, ABC, CBS, Tennis, Bloomberg, Comcast, DirecTV Locations: Cockeysville , Maryland, U.S, Minneapolis, Portland, Pittsburgh, Austin , Texas, Fresno, Calif

☆ Street growing impatient with media companies shifting to streaming, says media mogul Tom Rogers
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStreet growing impatient with media companies shifting to streaming, says media mogul Tom RogersTom Rogers, former NBC Cable president, joins 'Fast Money' to talk the recent slate of media earnings and what they signal about the streaming space.

Persons: Tom Rogers Tom Rogers Organizations: NBC Cable

☆ 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

☆ The bundle is making a comeback
▼ + stars: | 2024-05-09 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Discovery announced a new bundle service. The new bundle will include Disney+, Hulu, and Max. The streaming bundle will become available to viewers this summer. Discovery announced a new streaming bundle service combining Disney+, Hulu, and Max. The companies unveiled the streaming bundle service on Wednesday in a press release.

Persons: Max, — Organizations: Disney, Warner Bros . Discovery, Service, Disney Entertainment, ABC, FX, Food Network, Marvel, HGTV, CNN Locations: Hulu

Shop at Amazon Shop at Walmart Shop at Best Buy What we like Check mark icon A check mark. Shop at Amazon Shop at Best Buy Shop at Samsung What we like Check mark icon A check mark. Unfortunately, the S95D's matte screen has one notable side effect: it hurts black-level performance in a bright room. In contrast, the elevated black levels caused by the S95D's matte screen are more pronounced and easier to notice. AdvertisementSamsung S95D vs. S95C: Price and availabilityThe S95C currently costs a lot less than the S95D.

Persons: I've, Slim, Steven Cohen, it's Organizations: Business, Samsung, Shop, Walmart Shop, Dolby, Sony, Amazon, Samsung TV

☆ Sony and Apollo’s Plan for Paramount: Break It Up
▼ + stars: | 2024-05-08 | by ( Benjamin Mullin | Lauren Hirsch | ) www.nytimes.com time to read: +1 min

Shari Redstone helped build Paramount Global into a sprawling media empire, but if Sony Pictures Entertainment and private-equity giant Apollo Global Management succeed in acquiring it, they plan to break it all up, according to three people familiar with the matter. Paramount Pictures — home to blockbusters like “The Godfather,” “Top Gun” and the “Mission Impossible” franchise — would be combined with Sony’s existing business. They have not yet outlined this plan to Paramount or its advisers. CBS and Paramount have been controlled by the Redstone family for decades, since the media mogul Sumner Redstone assembled the sprawling conglomerate in a series of audacious deals. His daughter, Shari Redstone, championed a 2019 deal to reunite it through a merger with CBS, and remains Paramount’s controlling shareholder.

Persons: Shari Redstone, SpongeBob, Sumner Redstone Organizations: Paramount, Sony Pictures Entertainment, Apollo Global Management, CBS, MTV, Paramount Pictures, Sony

☆ The 'problem child' facing Disney is Hulu, says former NBC Cable president Tom Rogers
▼ + stars: | 2024-05-08 | 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 EmailThe 'problem child' facing Disney is Hulu, says former NBC Cable president Tom RogersTom Rogers, Oorbit Gaming executive chairman, Newsweek editor-at-large and former NBC Cable president, joins 'Squawk Box' to discuss Disney's quarterly earnings results, the company's business outlook, troubles facing its linear TV business, the company's theme parks business, fate of Hulu, and more.

Persons: Tom Rogers Tom Rogers, Hulu Organizations: Hulu, NBC Cable, Oorbit Gaming, Newsweek

☆ Businesses add $90 billion in surprise 'junk fees' each year, and it's starting to backfire
▼ + stars: | 2024-05-08 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Businesses are adding $90 billion in fees to consumer's bills each year, according to one estimate. US consumers spend more than $650 a year per household on "junk fees," per the CEA. AdvertisementBusinesses are adding $90 billion in surprise "junk fees" to customers' bills each year — and it is starting to backfire. Junk fees are hidden costs that are added to product prices. Last June, President Joe Biden said his administration had taken steps to crack down on junk fees.

Persons: —, Noelle Weaver, Bradley Walker, Walker, Merrilee Bridgeman, Joe Biden Organizations: Service, White House Council, Economic Advisers, National Bureau of Economic Research, Wall Street, Democratic Locations: New Orleans, Charlotte , North Carolina

Disney and Warner Bros. Discovery are planning to offer their streaming services — Disney+, Hulu and Max — in a bundle mirroring the traditional cable TV package, the companies said Wednesday. Disney will essentially act as the distributor in this case, collecting subscription fees from subscribers and paying out Warner Bros. Warner Bros. Disney has been offering its streaming services — Disney+, Hulu and ESPN+ — as a bundle for sometime.

Persons: Max —, Lachlan Murdoch Organizations: Disney, Warner Bros, Hulu, ABC, Fox, TNT, TBS, CNN, Discovery Channel, Food Network, Disney Channel, Warner Bros ., ESPN, Fox Corp, Warner Bros . Discovery Locations: Max

☆ Biden set to meet with executives from Citi, United Airlines, Marriott and others
▼ + stars: | 2024-05-07 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

US President Joe Biden speaks about his Investing in America agenda at the Wilmington Convention Center in Wilmington, North Carolina, on May 2, 2024. President Joe Biden is set to meet Tuesday afternoon with a slate of executives from a variety of industries, some of which have been the targets of his regulatory agenda. The guest list includes United Airlines CEO Scott Kirby, Citi CEO Jane Fraser, Evercore founder and senior chairman Roger Altman, Marriott International CEO Anthony Capuano, Flex CEO Revathi Advaithi, Bechtel Group CEO Brendan Bechtel, former Xerox CEO Ursula Burns and Corning CEO Wendell Weeks, according to a White House official. Biden is planning to discuss his "strategy of investing in America and rebuilding international alliances," the official said in a statement. And as part of a broader siege against what Biden calls "junk fees," the White House has issued rules prohibiting certain fees from airlines and credit card companies.

Persons: Joe Biden, Scott Kirby, Jane Fraser, Roger Altman, Anthony Capuano, Revathi Advaithi, Brendan Bechtel, Ursula Burns, Corning, Wendell Weeks, Biden Organizations: Wilmington Convention, United Airlines, Citi, Marriott International, Flex, Bechtel, Xerox, White, Federal Trade Commission, Department Locations: Wilmington, Wilmington , North Carolina, America

☆ Disney shares tumble on light guidance. But here's why we're raising our price target
▼ + stars: | 2024-05-07 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

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

☆ The streaming future Disney promised is finally here as cable TV decays
▼ + stars: | 2024-05-07 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Last year in the second quarter, Disney+ and Hulu lost $587 million. The thesis among all major legacy media companies has been that streaming will eventually take over for cable TV as the primary money-making engine. It's not just that Disney nearly made money in streaming — it's that the company's traditional linear TV results were awful. Next year, Disney will launch its flagship ESPN streaming service, which will allow consumers to subscribe to ESPN without cable at all. Looking at Disney's results in the second quarter, it's clear why the company has finally pulled the ripcord on ESPN.

Persons: Bob Iger, It's, Disney Organizations: Walt Disney Company, Disney, Hulu, ESPN, Paramount Global, Warner Bros . Discovery, Comcast, Fox, College Football, ABC, Disney Channel, FX, Geographic, Disney Junior Locations: Beverly Hills , California, U.S

☆ Disney just had its worst day in a year and a half
▼ + stars: | 2024-05-07 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —Disney managed a rare feat for a legacy media company: Its streaming service actually turned a profit — with some caveats. It was Disney’s worst stock trading day in 18 months. That’s a lot of money, but it is a pretty huge improvement over the $659 million loss the collective streaming business reported in the same period a year ago. Streaming is new(ish) and very different beast from the traditional cable TV model Disney and other media giants like Paramount, Viacom and Warner Bros. “It is a very tough business,” Verna said.

Persons: CNN Business ’, New York CNN — Disney, ” Paul Verna, ” Disney, ” Verna, Bob Iger, It’s, ” “ Indiana Jones, ”, Iger, Brian Mulberry Organizations: CNN Business, New York CNN, Disney, ESPN, Apple, Netflix, Paramount, Viacom, Warner Bros ., Zacks Investment Management Locations: New York, “, India

Learn moreThe first Monday of May is here, which means that it's officially time for the 2024 Met Gala. We've compiled everything you need to know about the event, including who will be in attendance and where to watch a free Met Gala red carpet live stream. Where to watch the Met Gala in the USThe Met Gala will live stream exclusively through Vogue. via live TV 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.

Persons: We've, Anna Wintour, you've, Wintour, Gwendoline Christine, La La, Ashley Graham, Emma Chamberlain, Ross Mathews, you'll, Hulu's, TikTok, ExpressVPN, Will Taylor Swift, Taylor Swift, Swift hasn't, they've, Swift, Zendaya, Jennifer Lopez, Chris Hemsworth, Loewe, Jonathan Anderson, Shou Zi Chew, Kardashian, Jenner Organizations: Business, Vogue, YouTube, La La Anthony, Hulu, Disney, ESPN, Disney Plus Locations: Hulu, England, France

☆ TV News Can’t Sidestep Turbulence as Election Approaches
▼ + stars: | 2024-05-06 | by ( John Koblin | ) www.nytimes.com time to read: +1 min

Television news may have never been this unsettled six months before a presidential election. ABC News is in the throes of change, after its president announced on Sunday night that she was leaving. Much of the challenge for television news divisions is, at its core, how to navigate a fast-evolving business. Instead, viewers are flocking to less lucrative streaming services, leaving the parent companies of the networks less sure-footed. And all of this is happening as news organizations face one of the trickiest journalistic assignments: an especially divisive presidential race.

Organizations: ABC, CBS, NBC, CNN

☆ Sony and Apollo in Talks to Acquire Paramount
▼ + stars: | 2024-05-05 | by ( Benjamin Mullin | Lauren Hirsch | ) www.nytimes.com time to read: +1 min

Paramount has decided to formally open negotiations with a bidding group led by Sony Pictures Entertainment and the private equity giant Apollo, according to three people familiar with the matter. The move comes after a period of exclusive talks with the Hollywood studio Skydance lapsed on Friday night. A special committee of Paramount’s board of directors met Saturday and signed off on beginning deal talks with Sony and Apollo, which last week submitted a letter of interest valuing the company at $26 billion, the people said. The committee also decided to push for further negotiations with Skydance, a studio founded by the technology scion David Ellison. Any deal between the Sony group and Paramount faces hurdles.

Persons: David Ellison Organizations: Paramount, Sony Pictures Entertainment, Hollywood, Sony, Skydance, Nickelodeon, MTV, CBS, Paramount Pictures Locations: Japan, United States

☆ Power demand from data centers is expected to boom by 160% into 2030, boosting electricity needs at a rate unseen in a century. These 16 buy-rated stocks are set to benefit, according to Goldman Sachs
▼ + stars: | 2024-05-05 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

According to an April 28 report from Goldman Sachs, the demand for power from AI data centers is expected to increase by 160% between 2023 and 2030. The report states that the rate of demand growth expected in the next five years has not been witnessed since the beginning of the century. AdvertisementFluence Energy (FLNC) provides clean energy storage that can serve as a power supply backup source if data centers experience outages. NextEra Energy (NEE) is a US energy company already providing power to data centers and demand from its electricity supply is expected to grow. nVent Electric (NVT) is an electrical parts supplier that provides liquid cooling, enclosures, power distribution, and cable management for data centers.

Persons: —, Goldman Sachs, Goldman, it's, Kinder Morgan Organizations: Service, Real, Business, Microsoft, Fluence, Google, GE, NextEra Energy, Co, Georgia Power, Xcel Energy, Cameco Corporation, EQT Corp, Caterpillar, Eaton Corporation, MYR Locations: US, Canadian

We'll show where to watch the men's Madrid Open final, including a live streaming option for cord-cutters. Where to watch the Madrid Open final in the USIn the US, the Madrid Open airs on the Tennis Channel. Live TV packages like Sling TV and Hulu + Live TV can provide access for those without cable. Hulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Sign up for one of the above live TV streaming packages with a US form of payment.

Persons: Felix Auger, Andrey Rublev, Daniil Medvedev, Jiri Lehecka, Jannik, Lehecka, Auger, Carlos Alcaraz, it's, Hulu's, ExpressVPN Organizations: Business, Madrid, Rublev, Tennis Channel, Hulu, ESPN, Disney Plus

Search resuls for: "Cable"

25 mentions found