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Search resuls for: "CNBC's Alex Sherman"


12 mentions found


☆ 'We're in a marketplace that is fighting for attention', says GroupM CEO McDonald on the media space
  + stars: | 2023-05-15 | 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'We're in a marketplace that is fighting for attention', says GroupM CEO McDonald on the media spaceCNBC's Alex Sherman and Kirk McDonald, GroupM CEO, join 'Last Call' to discuss the state of the media space as major media companies vie for ad dollars and others declare bankruptcy.
☆ Netflix reportedly cutting $300 million in spending to improve profitability
  + stars: | 2023-05-12 | 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 EmailNetflix reportedly cutting $300 million in spending to improve profitabilityA new Wall Street Journal report says Netflix is planning to cut spending by $300 million in 2023 in order to boost profitability. CNBC's Alex Sherman and Robbie Whelan, Wall Street Journal reporter, join 'Last Call' to discuss the report and what it says about the state of the streaming space.
☆ WWE in talks to sell to UFC parent Endeavor
  + stars: | 2023-04-03 | 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 EmailWWE in talks to sell to UFC parent EndeavorWorld Wrestling Entertainment is in advanced talks to be sold to Endeavor Group, the parent of UFC. CNBC's Alex Sherman has the details.
☆ Disney cuts metaverse division under Iger's restructuring
  + stars: | 2023-03-28 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +2 min
Disney is cutting its metaverse division as part of the layoffs set to begin this week, CNBC has confirmed. Disney, like most companies in 2021, hopped on the metaverse hype train after Facebook changed its name to Meta and outlined bold claims to create a new digital world. Chapek told employees in a memo at the time that White's task was "connecting the physical and digital worlds" for Disney entertainment. The cuts in the metaverse division were first reported by The Wall Street Journal. The job cuts will be cross-company, hitting Disney's media and distribution division, parks and resorts, and ESPN.
☆ WWE in talks to legalize betting on scripted matches
  + stars: | 2023-03-08 | 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 EmailWWE in talks to legalize betting on scripted matchesCNBC's Alex Sherman joins Brian Sullivan and 'Last Call' to discuss World Wrestling Entertainment's efforts to enable legal betting on scripted wrestling matches.
☆ Content discovery is one of the biggest challenges to the digital age, says Variety's Cynthia Littleton
  + stars: | 2023-03-03 | 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 EmailContent discovery is one of the biggest challenges to the digital age, says Variety's Cynthia LittletonVariety's Cynthia Littleton, CNBC's Alex Sherman, and The Ankler's Sean McNulty join 'The Exchange' to discuss Disney's effort to transform digital sports viewing, difficulties associated with sports streaming and the struggle of content discovery associated with the various streaming services.
☆ ESPN pushes to become hub for all sports streaming
  + stars: | 2023-03-02 | 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 EmailESPN pushes to become hub for all sports streamingCNBC's Alex Sherman reports that ESPN is currently in talks to become the streaming hub for all live sports.
☆ Disney faces mounting pressure from a billionaire activist investor—Here's what he wants
  + stars: | 2023-02-08 | 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 EmailDisney faces mounting pressure from a billionaire activist investor—Here's what he wantsCNBC's Alex Sherman breaks down the proxy fight between Disney and billionaire activist investor Nelson Peltz, and what's at stake for CEO Bob Iger as he attempts to turn around the storied media company.
☆ Regional sports broadcasters struggle to find consumers
  + stars: | 2023-01-27 | 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 EmailRegional sports broadcasters struggle to find consumersCNBC's Alex Sherman joins 'Closing Bell' to discuss declining customer base for regional sports, cable TV cancellations during the pandemic, and the potential for regional sports leagues to buy back programming rights.
☆ Peltz steps up push for seat on Disney board
  + stars: | 2023-01-12 | 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 EmailPeltz steps up push for seat on Disney boardCynthia Littleton, Variety co-editor-in-chief, Sean McNulty, Ankler contributor, and CNBC's Alex Sherman discuss what's ailing Disney and why activist investor Nelson Peltz is pushing for a board seat.
☆ CNBC's Alex Sherman makes his 2023 media predictions
  + stars: | 2022-12-19 | 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 EmailCNBC's Alex Sherman makes his 2023 media predictionsCNBC's Alex Sherman joins 'The Exchange' to offer his executives predictions for media companies like Walt Disney and Netflix in 2023.
☆ Outgoing Charter CEO Tom Rutledge says in an exclusive CNBC interview that there's 'pain to come' as linear TV gives way to streaming
  + stars: | 2022-11-03 | by ( Alex Sherman | ) www.cnbc.com   time to read: +33 min
The biggest cable company in the industry at that time had about a million customers. And the second question is, very much related to that, for years now, the bull investor thesis has been broadband growth. So does that mean that broadband growth is no longer the big growth story it once was? No, I think there's plenty of broadband growth to get for us and there's continued broadband adoption to get for the whole industry. And I think there's some value in scale which can translate into consumer value as well.
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