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Disney's streaming margins, while still negative due to losses and nowhere near Netflix's, have improved significantly in recent quarters and are now on the doorstep of an important milestone. Disney's streaming overview Disney+ is its flagship streaming service across the globe. The ARPU discrepancy on Disney+ core helps explain why Netflix is much more profitable than Disney's streaming business. Given that Disney's streaming business has rolled out pretty much everywhere across the globe, Cruetz said moving forward "it's about driving more penetration in those markets." The latest is a matchup with Disney and HBO's parent Warner Bros Discovery , whose flagship streaming service is called Max.
Persons: Bob Iger, Disney, Iger, Covid, Morgan Stanley, It's, That's, Cowen, Doug Creutz, Hulu's, Cowen's Cruetz, Brandon Nispel, Cruetz, TD Cowen, Max, Creutz, cannibalization, it's, KeyBanc's Nispel, Wells Fargo, Jim Cramer's, Jim Cramer, Jim, Presley Ann Organizations: Disney, Netflix, ESPN, Reliance Industries, Century Fox, CNBC, Comcast, Capital, Warner Bros Discovery, Getty Locations: Netflix's, Hulu, India, Malaysia, Philippines, Thailand, U.S, Canada, Europe, Africa, West Asia, Los Angeles
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Drone captures major damage from tornado in Iowa
  + stars: | 2024-05-21 | by ( Chad Myers | ) edition.cnn.com   time to read: 1 min
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Breaking down the 2024 political ad spending trends
  + stars: | 2024-05-21 | 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 EmailBreaking down the 2024 political ad spending trendsThe Atlantic CEO Nicholas Thompson and Paul Verna, vice president of Content at Emarketer, join 'Power Lunch' to discuss ad-spending for the presidential election
Persons: Nicholas Thompson, Paul Verna Locations: Atlantic
Read previewOpenAI's fight with Scarlett Johansson isn't just a PR disaster (and a big one at that). Most of all, it shows there's just really, really bad judgment going on at the highest levels of Sam Altman's company. But everyone immediately noticed that the "Sky" voice that ended up on ChatGPT reminded them of ScarJo. And then Sam Altman, in one of the greatest self-own moves of the generative AI era, tweeted out "her" during the product demo last week. The OpenAI team used a Scarlett Johansson sound-alike voice — also completely avoidable.
Persons: , Scarlett Johansson isn't, there's, Sam Altman's, ScarJo, Johansson, OpenAI, Scarlett Johansson, Sam Altman, wasn't, Johansson's, Altman, it's, Ilya Sutskever Organizations: Service, Business, Hollywood, SAG, CNN, Reuters, Marvel, tech's, Facebook, Microsoft, eventual Locations: Turkey
If you subscribe to Netflix's cheapest plan, and also get Peacock's cheapest plan, and also get Apple TV+, it will cost you $23 a month. So Peacock and Apple would benefit more from being in a bundle with Netflix, so they are more likely to discount their rates to make the bundle work. Digital distributors like Apple have made it very easy for subscribers to turn their streaming subscriptions on and off. Netflix, Comcast, and Apple all declined to comment about bundle economics. AdvertisementSo maybe all streaming subscriptions aren't equal.
Persons: it's, Ted Sarandos, I've Organizations: Service, Apple, Comcast, Business, Netflix, Verizon, Disney
Last week, Google announced plans to change its search results page to prioritize a feature called "AI Overview," which uses AI to summarize information at the top of a search results page. Google said on Tuesday there will be ads within AI Overview and that they will be relevant to both the query and the information. The ads include virtual try-on options, a technology Google rolled out last year with select retailers. Executives said at the time of the report last month that they saw increased customer conversions from ad clients using generative AI tools in its "Performance Max." The company said it is giving advertisers more image editing tools and said Google AI will generate more visual options and "context" for their ads.
Persons: Max Organizations: Google, Brands Locations: U.S
The Trump campaign announced Tuesday it will start accepting cryptocurrency donations, casting the move as one of solidarity with opponents of "socialistic government control" over the U.S. financial markets. "MAGA supporters, now with a new cryptocurrency option, will build a crypto army moving the campaign to victory on November 5th!" The move opens a new source of potential funds for the Trump campaign, which still lags Biden in cash on hand even as it outraised the Democratic incumbent in April. Crypto donations will be reported as in-kind contributions, much like gifts of stock. "Contribution limits and disclosure requirements for crypto donations will follow Federal Election Commission regulations," the Trump campaign said.
Persons: Donald Trump, Trump, Joe Biden, Sen, Elizabeth Warren, Biden, Warren, MAGA, Crypto Organizations: Commerce, Trump, Biden, Democratic, Federal, Pew Research Center Locations: Waukesha, Waukesha , Wisconsin
President Joe Biden and Democrats have tried unsuccessfully to restore nationwide abortion rights since the Supreme Court issued its landmark reversal of Roe in 2022. AdvertisementHogan's position makes him one of the few prominent Republicans to support abortion rights. When he first announced his Senate run, Hogan initially said he needed to think more about his position on abortion rights. Democrats have already placed abortion rights on the Florida ballot this November. No Republican Senate is going to make a serious effort to codify Roe, given the party's near-universal support to restrict abortion rights.
Persons: , Larry Hogan, Roe, Hogan, Wade, he's, Joe Biden, Angela Alsbrooks, Alsobrooks, David Trone, Susan Collins of, Lisa Murkowski, codifying Roe, Donald Trump, Mitch McConnell, Court's Dodds, hasn't, it's, Trump Organizations: Service, Maryland Gov, GOP, Democrats, Business, Prince, Wine, Republicans, Press, Senate, Biden, Republican Senate Locations: Prince George's County, Susan Collins of Maine, Alaska, Maryland, Florida, Arizona
CNN —Funeral ceremonies are set to begin on Tuesday for the late Iranian President Ebrahim Raisi following his death in a helicopter crash, as authorities probe what caused the aircraft to smash into the side of a remote mountainside during foggy weather on Sunday morning. A helicopter carrying Iran's President Ebrahim Raisi takes off on May 19, 2024, before the crash took place. There is no indication what might have caused the crash – and why so many senior Iranian government officials were traveling in a single, decades-old helicopter. A high-ranking delegation will go to the crash site in Eastern Azerbaijan, according to Iran’s Tasnim news agency. Inside Iran, where many of the country’s restive youth population have grown tired of rule by conservative clerics, Raisi had a much more polarizing legacy.
Persons: Ebrahim Raisi, Ayatollah Khamenei, Mohsen Mansouri, Ali Hamed Haghdoust, Mansouri, Reza, Khamenei, , , Abdulkadir Uraloglu, Uraloglu, Iran’s, , Ayatollah Khamenei —, Vladimir Putin, Xi Jinping, Kim Jong, Kim, Xi, Raisi’s, Azin, ” Xi, Putin, Russia, ” Raisi, Raisi Organizations: CNN, Wana News Agency, Reuters, Mehr, Iranian, Turkish Transportation, Infrastructure, TRT, Moj News Agency, AP, Kremlin, US Locations: Tabriz, Iran, Qom, Tehran, Mashhad, Turkey, Turkish, Eastern Azerbaijan, Israel, Korean, Saudi Arabia, Ukraine, China, North Korea, Russia, Iranian
Goldman's top technology analyst is laying out his best internet picks as the first-quarter earnings season wraps up. He added that Alphabet should benefit from signs of strong advertising demand as it recovers from overblown concerns regarding long-term search. Sheridan also expects Meta Platforms to benefit from similar ad trends and its AI potential. Beyond the megacap names, Sheridan highlighted Expedia as a stock that should benefit from the normalization of online travel toward pre-Covid levels. EXPE YTD mountain Shares this year Instacart is another internet stock poised to benefit in this changing consumer landscape, including consolidation toward fewer online services and platforms, according to Sheridan.
Persons: Eric Sheridan, Sheridan Organizations: Amazon, Web Service, Sheridan, CART, UBER
Billionaire stuns grads with $1,000 gift
  + stars: | 2024-05-21 | by ( Meneida Bailey | ) edition.cnn.com   time to read: 1 min
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Many resorts move their clocks at least one hour ahead of the country’s official time zone – which is five hours ahead of Greenwich Mean Time (GMT+5). The JW Marriott is one of four Maldives properties under the Marriott Group umbrella, alongside St. Regis Maldives Vommuli Resort, the Westin Maldives Miriandhoo Resort and the Ritz-Carlton Maldives, Fari Islands. Video Ad Feedback Inside one of the Maldives' most luxurious resorts 02:30 - Source: CNNSoneva, another luxury resort group with multiple properties around the Maldives, also sets the clocks at its resorts an hour ahead of Male Time. Not every island resort follows island timeVideo Ad Feedback Flying with the barefoot pilots of the Maldives 02:31 - Source: CNNNot every resort in the Maldives follows island time. “Here at Kurumba Maldives we don’t use island time and never have, simply because as the first resort in the Maldives the concept of island time didn’t exist,” says Ali Farooq, resort manager at Kurumba, which opened in 1972.
Persons: Mohit Dembla, Matteo Colombo, , Zhilah Vego, CNN Soneva, Soneva Jani, Jani Time, Charles Morris, , , Regis, Ali Farooq, Marriott’s Organizations: CNN, JW, Spa, CNN Travel, Marriott, Marriott Group, St, Regis, Westin, Ritz, Carlton Maldives, GM, ” Staff, Maldives ’, butlers, Kurumba, Velana International Locations: Maldives, Greenwich, Regis Maldives, Westin Maldives, Fari Islands, Beach, Maldivian, St, Kurumba Maldives, Kurumba, Malé
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Red Lobster files for bankruptcy
  + stars: | 2024-05-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: 1 min
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Diners share why they love bankrupt Red Lobster
  + stars: | 2024-05-20 | by ( Aaron Fisher | ) edition.cnn.com   time to read: 1 min
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Taiwan’s president inaugurated
  + stars: | 2024-05-20 | by ( Steve Tuemmler | ) edition.cnn.com   time to read: 1 min
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