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☆ ESPN, Fox, and Warner Bros are launching a new sports streaming service. It could change TV forever.
▼ + stars: | 2024-02-06 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Now combine them on one streaming service. That's what's coming this fall, via a new joint venture, co-owned by Disney, Warner Bros. AdvertisementPeople who are already watching sports on Disney-owned ESPN and the other channels that are joining the joint venture won't lose access to those games, which will stay on the linear channels. Icon Sportswire/Getty ImagesIt's worth noting that all three TV giants have tried a version of a streaming joint venture before. The company that was formerly known as Time Warner, which is now part of Warner Bros.

Persons: —, That's, Disney's, Fox, Time Warner Organizations: Service, ESPN, ABC, Fox, TNT, TBS, Disney, Warner Bros, Fox Corp, Business, NFL, —, CBS, NBC, Discovery, Hulu, Time

☆ Wait. This guy wants to spend $14 billion on … Paramount?
▼ + stars: | 2024-01-31 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Media entrepreneur Byron Allen says he wants to buy Paramount for $14.3 billion. Who wants to buy a big TV company these days, anyway? But investors still think it's worth less than $10 billion — meaning they don't think Allen Media is really going to end up owning Paramount. AdvertisementOne answer may simply be skepticism about Allen Media Group and its owner, TV personality-turned-entrepreneur Byron Allen. But no one, to date, has suggested that Paramount is worth anything close to $14 billion.

Persons: Byron Allen, —, Allen Media Group didn't, David Zaslav, Bob Bakish, It's, Robert Fishman dryly, Shari Redstone, David Ellison, who's, Larry Ellison, Allen Organizations: Paramount, Service, Allen Media Group, CBS, MTV, Comedy Central, Allen Media, Weather Channel, ABC, BET, Denver Broncos, Bloomberg, Street Journal, Comcast, Warner Bros Discovery, Apple, Netflix, Biden, Viacom

☆ Holy crap, look how small and old 'The Daily Show's' audience has gotten
▼ + stars: | 2024-01-26 | by ( Peter Kafka | ) www.businessinsider.com time to read: +2 min

When Jon Stewart left "The Daily Show" in 2015, he had a modest but meaningful audience on cable TV. When he comes back next month, he'll find that in his absence, the show's audience has gotten much, much smaller. "The Daily Show's" overall audience has shrunk by 75% — from 2.2 million viewers a night to 570,000. And the age of the audience has skyrocketed because younger viewers are barely watching at all. On Wednesday, when I got these numbers from Nielsen, I asked someone who has spent a lot of time in late-night TV to guess the age of the Daily Show's audience today.

Persons: Jon Stewart, Stewart, Jimmy Fallon, Jimmy Kimmel, I'm, Trevor Noah, Stewart's, I've Organizations: Nielsen, Daily, Comedy, Paramount, NBC, SNL, YouTube

☆ We Talked to the Dixville 6, the Midnight Voters Who All Went for Haley
▼ + stars: | 2024-01-23 | by ( Alyce Mcfadden | ) www.nytimes.com time to read: 1 min

The first votes in the New Hampshire primary have been cast in the township of Dixville Notch. Nikki Haley took 100 percent of the vote, with 100 percent turnout. The polls — or poll, in this case — opened just after the clock struck midnight, as they have here for 64 years, to great fanfare. And 10 minutes later, the voting was done. Ms. Haley’s unanimous victory came as something of a surprise to a first-time Dixville Notch voter, Valerie Maxwell, 54, who works for the resort where the voting was held.

Persons: Nikki Haley, —, Haley’s, Valerie Maxwell Locations: New Hampshire, Dixville

☆ Trump Campaign Bars an NBC Reporter From a New Hampshire Event
▼ + stars: | 2024-01-21 | by ( Michael M. Grynbaum | More About Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

Donald J. Trump, who popularized the term “fake news” and as president declared the news media “the enemy of the people,” is again clashing with journalists over press access, this time to his 2024 campaign events. An NBC News correspondent said on Sunday that aides to Mr. Trump stopped him from covering an event in New Hampshire, where the former president was expected to make his first in-person remarks after Gov. Vaughn Hillyard, a longtime NBC News correspondent who regularly covers Mr. Trump, had planned to attend as a pool reporter representing five major TV networks. But he told other campaign journalists that the Trump team objected to his presence. “After affirming to the campaign that your pooler would attend the events, NBC News was informed at about 2:20 p.m. that the pool would not be allowed to travel with Trump today.”

Persons: Donald J, Trump, Ron DeSantis, Vaughn Hillyard, ” Mr, Hillyard, “, ” Organizations: NBC, NBC News, The New York Times, Trump Locations: New Hampshire, Florida

☆ Congressman demands the NFL stop putting playoff games on streaming services like NBC's Peacock: Fans don't deserve 'to be squeezed even further by greedy corporations'
▼ + stars: | 2024-01-12 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

"It is absolutely ridiculous that my constituents, who already pay for NBC, have to pay even more to watch this game," Ryan wrote in a letter to top NFL and NBC officials. I'm demanding the NFL and NBC stop the BS and offer fans the service they already pay for, or we're coming for your antitrust exemption." "Fans already face exorbitant prices to watch every game during the regular season; they don't deserve to be squeezed even further by greedy corporations," Ryan added. The league added that all the remaining playoff games would be available over the air nationwide, as well as on other platforms. NBC Sports reportedly pays the league more than $2 billion a year for its slice of NFL games.

Persons: —, Pat Ryan, Ryan, Roger Goodell, Goodell, cciqwvZDoE —, @RepPatRyanNY, Rick Cordella, Patrick Mahomes, Hill, Alex Riethmiller, Sportico Organizations: Service, New, New York Democrat, NFL, NBC Sports, NBC, Business, Dolphins, Chiefs, Kansas City Chiefs, Super Bowl, Miami Dolphins, Kansas City, ESPN, Sports Business, MLB, NBA, NHL Locations: New York, Kansas City, Kansas, Miami

☆ How climate change got sucked into the culture wars
▼ + stars: | 2023-11-23 | by ( Laura Paddison | Ella Nilsen | ) edition.cnn.com time to read: +11 min

For an example of how climate change is increasingly becoming a flashpoint in the culture wars, Germany is a good place to start. Meanwhile, Spain’s far-right Vox party vowed to defend the country against “the new climate religion.”But to understand why climate change and the culture wars have become so enmeshed globally, experts say the United States probably holds the key. It’s effective, it does scare people.”The origins of the climate culture war in the US lie in the early 1990s, when a new push for global climate action collided with big geopolitical change, McCright said. Lightning rod for right wing mediaConservative media has played an outsized role in fueling culture war narratives, according to experts. Fox has “been laying the groundwork necessary for positioning climate policies as a culture war issue for a long time,” she said.

Persons: —, stoked, ”, Miranda Schreurs, Anger, Green, Kristin Brinker, Jörg, Stephan Lewandowsky, Rishi Sunak, “, ” Sunak, Vox, Ron DeSantis, ” DeSantis, Aaron McCright, McCright, ” McCright, ’, Brandon Bell, Lewandowsky, “ you’d, ” Alec Tyson, Alexandria Ocasio, Cortez, Sen, Ed Markey, Allison Fisher, Fisher, Fox, didn’t, Ed Matthew, Matthew said, Jennie King, ” King, Germany —, Matthew of E3G, ” Schreurs, “ it’s Organizations: CNN, Green Party, Technical University of Munich, University of Bristol, British, Justice, Florida Gov, Republican, Michigan State University, Oil, Republicans, Pew Research, Pew, Conservative, Massachusetts, Green, Deal, Fox, Media, Institute for Strategic Locations: Germany, Charlottenburg, Berlin, Europe, United States, West Texas, Florida, American, Kyoto, Soviet Union, Federal, Midland , Texas, Alexandria, Cortez of New York

Right now, the streaming service is offering a discounted Starz add-on subscription for $0.99 per month for 6 months. Hulu one-upped its $1.99 deal from yesteryear by halving that to just $0.99 per month. Like the base Hulu deal, the Starz add-on offer ends at the end of the day on November 28. The original Hulu deal already tops our list of the best Black Friday streaming deals, and this only sends it over the edge. Starz is home to popular original hit series like "Power," "P-Valley," "Outlander," and "BMF: Black Mafia Family."

Persons: Hulu's, You'll, John Wick, It's, We're Organizations: Starz, Hulu, Friday

☆ Disney Plots Future of Its Traditional TV Networks
▼ + stars: | 2023-11-10 | by ( Joe Flint | Jessica Toonkel | ) www.wsj.com time to read: 1 min

ABC, which airs hits such as ‘The Golden Bachelor,’ has been identified as one of Disney’s most valued channels. Photo: Craig Sjodin/ABCDisney is examining whether its future should include fewer television networks. After Chief Executive Bob Iger said last summer that some of Disney’s TV networks, which include ABC, FX and National Geographic, might not be core to the company, executives set out to determine which channels have long-term value and which are expendable.

Persons: ’, Craig Sjodin, Bob Iger Organizations: ABC, ABC Disney, FX, Geographic

☆ Post-strike Hollywood rushes to get film, TV sets humming
▼ + stars: | 2023-11-10 | by ( Dawn Chmielewski | Lisa Richwine | ) www.reuters.com time to read: +5 min

LOS ANGELES (Reuters) - Hours before the Hollywood actors’ strike officially ended, Beth Goodnight’s phone began ringing with opportunity. Studio, after the SAG-AFTRA TV/Theatrical Committee approved a tentative agreement with the Alliance of Motion Picture and Television Producers (AMPTP) to bring an end to the 118-day actors strike, in Burbank, California,. Marvel Studios’ “Deadpool 3,” a high-priority project for Walt Disney, will most likely resume filming before Thanksgiving, after the actors’ strike shut down production in July. Most had been forbidden from promoting films and TV shows during the strike. Studios are eager to have actors promoting Oscar hopefuls such as Leonardo DiCaprio’s “Killers of the Flower Moon” and Bradley Cooper’s “Maestro.”“YES!!!

Persons: ’, Beth Goodnight’s, Mario Anzuoni, ”, “, Sisyphus, Ridley, Walt Disney, Todd Garner, “ We’re, “ It’s, Pam Elyea, “ Oppenheimer, “ Abbott, Leonardo DiCaprio’s, Bradley Cooper’s “ Maestro, Kumail Nanjiani, Nanjiani Organizations: ANGELES, Reuters, Hollywood, Warner Bros ., SAG, Alliance, Television Producers, REUTERS, Marvel Studios, Disney, Producers, Hire, Broadcast, “, ABC Studios, ABC, CBS, Sony Pictures Locations: Burbank , California, U.S, Hollywood, Malta, Coast of Australia

☆ Warner Bros. Discovery plunges 16% as CEO warns of 'generational disruption' to media
▼ + stars: | 2023-11-08 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Warner Bros. The media company reported a decline in ad revenue during the third quarter. AdvertisementAdvertisementShares of Warner Bros. Warner Bros. This was reflected in Warner Bros. results, with the company reporting that it saw a decline of 12% in ad spending among its TV networks.

Persons: David Zaslav, —, Zaslav, Gunnar Wiedenfels, Wiedenfels Organizations: Warner Bros, Service, Discovery, Wall, Bloomberg, WGA, SAG, HBO Max, Investors, Disney

☆ Warner Bros. Discovery stock sinks 15% as ad revenue falls, Zaslav warns of 'generational disruption'
▼ + stars: | 2023-11-08 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

Discovery shares fell Wednesday after the company reported a decline in advertising revenue, a bigger-than-expected loss and lackluster streaming subscriber numbers. Discovery reported a net loss of $417 million for the third quarter, or 17 cents per share, an improvement from the $2.31 billion loss the company reported in the year-ago quarter, or 95 cents per share. Ad revenue in Warner Bros. The company reported 95.1 million global direct-to-consumer subscribers, a 700,000 decrease from the previous quarter, and less than the analyst projection of 95.4 million subscribers, according to StreetAccount. Discovery also made headway on paying off its debt load, with $2.4 billion of repayments made during the quarter, the company said.

Persons: David Zaslav, Max, Gunnar Wiedenfels Organizations: Warner Bros, Discovery, Roku, Paramount, Disney, Warner Bros . Discovery, HBO Max Locations: U.S

☆ Ukraine's Zelenskiy ponders idea of 2024 election during war
▼ + stars: | 2023-11-03 | by ( Yuliia Dysa | ) www.reuters.com time to read: +2 min

KYIV, Nov 3 (Reuters) - Ukraine's President Volodymyr Zelenskiy is weighing the pros and cons of a spring 2024 presidential vote, his foreign minister said on Friday, though there are major concerns over how to organise a free and fair vote during war with Russia. Ukraine was scheduled to hold a parliamentary election in October and a presidential vote in March 2024. Kuleba made his comment during an online appearance at the World Policy Conference in the United Arab Emirates when asked whether Ukraine would hold a presidential election in spring. Zelenskiy has said he wants to run for another term if an election happens. Opponents of holding a vote fear Russia would try to derail it while political jockeying would undermine national unity.

Persons: Volodymyr Zelenskiy, Lindsey Graham, Dmytro Kuleba, Kuleba, Zelenskiy, Yuliia Dysa, Olena, Tom Balmforth, Andrew Cawthorne Organizations: Republican, World, Conference, United, Thomson Locations: Russia, Ukraine, U.S, United Arab Emirates, Europe

☆ Fox touts sports programming performance even as costs rise
▼ + stars: | 2023-11-02 | by ( Drew Richardson | ) www.cnbc.com time to read: +1 min

Fox Sports drove higher consumption overall for Fox Corporation last quarter, CEO Lachlan Murdoch said Thursday during the company's quarterly earnings call. "FOX Sports was a big driver of that consumption, especially with its broadcast of the Women's World Cup, where the U.S. versus the Netherlands on Fox with the most watched Women's World Cup game match ever on U.S. English language television," Murdoch said. Sports programming costs drove expenses higher, weighing on profit and offsetting revenue growth in the company's TV segment. Fox cited the Women's World Cup and the renewal of National Football League rights as major costs. But it comes with a massive price tag, especially as linear networks and streaming services have begun battling it out for programming rights.

Persons: Lachlan Murdoch, Murdoch, Fox Organizations: Fox Sports, Utah Utes, USC Trojans, Los Angeles Memorial Coliseum, Fox Corporation, Fox, FOX, Netherlands, Sports, National Football League, YouTube, NFL, DirecTV Locations: Los Angeles

☆ Disney revealing ESPN's financials is a key step in CEO Bob Iger's turnaround
▼ + stars: | 2023-10-21 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Disney 's (DIS) first-ever breakout of ESPN's financials is another key step in CEO Bob Iger's turnaround for the embattled entertainment giant, displaying a stable top line and plenty of room for growth. For the nine months ended July 1, ESPN delivered $12.56 billion in revenue, according to this week's 8K government filing from Disney. The experiences division, which was basically unchanged in Iger's segment overhaul, had $24.39 billion during the first three quarters of fiscal 2023. Growing losses in Disney's linear TV assets may compel the company to sell all or some of them. We'll look for continued improvement when Disney's fiscal fourth-quarter earnings come out next month.

Persons: Bob Iger's, Iger, Disney, Morgan Stanley, Goldman Sachs, Goldman, We're, Jim Cramer's, Jim Cramer, Jim, Gabby Jones Organizations: Disney, ESPN, ABC, CNBC, Penn Entertainment, ESPN Bet, Hulu, Comcast, Pro, Iger, Bloomberg, Getty Locations: Brooklyn, New York

☆ Disney gives investors a look at ESPN financials, including recent revenue declines
▼ + stars: | 2023-10-18 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

The reorganization of Disney 's business is giving investors a glimpse at ESPN's financials for the first time. The company is now broken down into three divisions, one of which is an ESPN segment that includes the TV network and ESPN+ streaming service. A part of the fight was Disney's future prospects for ESPN on streaming. Disney plans to make the ESPN channel a direct-to-consumer option outside of the bundle for customers in the future. However, last week, Trian upped its stake in Disney and now a second proxy battle is brewing, CNBC reported.

Persons: financials, Read, Nelson Peltz, Trian Organizations: Disney, ESPN, Star India, Netflix, Charter Communications, Trian, Management, CNBC Locations: Parks

☆ Hollywood insiders are bracing for M&A activity to make a comeback, as 10 experts reveal the deals they're predicting
▼ + stars: | 2023-10-17 | by ( Reed Alexander | Lucia Moses | ) www.businessinsider.com time to read: +12 min

"The unknown is hard to transact in," Sam Powers, the global head of technology, media, and telecommunications for Bank of America, told Insider. Microsoft's $69 billion acquisition of Activision , which was completed Thursday, has also put media and tech M&A back in the spotlight. "People have been holding their breath in nervous anticipation" about the idea of tech buying big media , one investor told Insider. Private-equity bets on media and Hollywood have seen mixed resultsPrivate-equity firms may have the cash to finance major media acquisitions, but they're reckoning with market volatility. Are you a Hollywood insider?

Persons: Hollywood dealmakers, Jonathan Handel, Sam Powers, Bob Iger, —, Byron Allen, Greg Doherty, Iger, Disney's, Byron Allen —, Allen, Disney, it's, Handel, It's, you've, Reese Witherspoon, Dave Kotinsky, Moonbug, Reese Witherspoon's, Jeff Zucker, Abu, Tom Staggs, Kevin Mayer, Lucia Moses, Reed Alexander Organizations: Hollywood, Puck News, Bank of America, SAG, Writers Guild of America, Disney, ESPN, Activision, Byron Allen The Weather, Wall Street shareholders, Bureau of Labor Statistics, Hulu, ABC, Nexstar Media Group, Allen Media Group, Weather, Lionsgate, Starz, Paramount, BET, Warner Bros, Games, Disney Digital Network, Maker Studios, Observers, Comcast, Paramount Global, Tech, MGM, Microsoft, Netflix, Apple, RedBird Capital Partners, RedBird IMI, Private, SP, G Global Market Intelligence, Bloomberg, Media, Apollo Global Management, Yahoo Locations: Hollywood, Blackstone, Abu Dhabi, lmoses@insider.com, ralexander@insider.com

☆ 'Taylor Swift: The Eras Tour' box office gives theaters a sugar rush. What they need is a steady drip of hits
▼ + stars: | 2023-10-16 | by ( Brian Lowry | ) edition.cnn.com time to read: +4 min

So while the this fall harvest is surely welcome, as is so often true, a Swift solution isn’t likely to be an enduring one. Advance sales for “The Eras Tour” left little doubt that the event would be a major success, leaving only the precise numbers in doubt. In that sense, the next blonde hero flying to the rescue might be more important: Brie Larson, a.k.a. Captain Marvel, whose sequel “The Marvels” hits theaters on November 10. Still, there aren’t many artists with the kind of followings that Swift and Beyoncé command.

Persons: Taylor Swift’s, “ Taylor Swift, “ Barbie ”, ”, Barbie ”, “ Oppenheimer, Swift, –, Brie Larson, a.k.a, Captain Marvel, underwhelming, “ Indiana Jones, “ Barbie Organizations: CNN, Hollywood, “, Marvel, Guardians, Galaxy Locations: North America

☆ Australia rejects Indigenous referendum in setback for reconciliation
▼ + stars: | 2023-10-14 | by ( ) www.cnbc.com time to read: +2 min

Australia on Saturday decisively rejected a proposal to recognise Indigenous people in the constitution, in a major setback to the country's efforts for reconciliation with its First Peoples. Nationwide, with 45% of the vote counted, the "No" vote led "Yes" by 57.35% to 42.65%. A successful referendum requires at least four of the six states to vote in favor, along with a national majority. Because of Australia's time zones, voting in Western Australia was still under way as it became clear the referendum was lost. Supporters of the proposal believe entrenching an Indigenous Voice into the constitution would unite Australia and usher in a new era with its Indigenous people.

Persons: Dean Parkin, South Australia —, I'm, Thomas Mayo Organizations: Wests Ashfield Leagues Club, Saturday, First Peoples . Nationwide, ABC, Aboriginal Locations: Sydney, Australia, Australian, South Wales, Tasmania, Queensland, South Australia, Western Australia, Torres

The firm plans to push for multiple seats on the board this time, including one for Peltz, the people said. Peltz's activist firm, Trian Fund Management, has increased its stake in Disney to about 30 million shares, valued at roughly $2.5 billion, according to people familiar with the matter. A proxy battle between Nelson Peltz and Disney is brewing for the second time this year. It's been nearly a year since Bob Iger returned as Disney's CEO. Iger returned to Disney following a fallout with Bob Chapek, has handpicked successor.

Persons: Nelson Peltz, Peltz, It's, Bob Iger, Iger, CNBC's David Faber, Trian, Disney's, Bob Chapek Organizations: Alpha, Disney, Trian Fund Management, ESPN, Fox Locations: New York, Disney, Peltz

☆ Tiger Woods and Rory McIlroy's TGL golf league will air on ESPN
▼ + stars: | 2023-10-05 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Disney' s ESPN has nabbed the broadcast rights to air matches from TGL, the startup golf league led by Tiger Woods and Rory McIlroy. TGL, which is in partnership with the PGA Tour, will have its debut Jan. 9 as part of a multiyear deal. Both TGL matches will air on traditional TV's ESPN and streamer ESPN+. The agreement between the PGA Tour and LIV has yet to be finalized. TGL, a new primetime, high-tech golf league created by Woods, McIlroy and former NBC Sports executive Mike McCarley, has attracted stars from the PGA Tour.

Persons: Rory McIlroy, Tiger Woods, TGL, LIV Golf, LIV, Woods, McIlroy, Mike McCarley, Jon Rahm, Justin Thomas, Collin Morikawa, Matt Fitzpatrick, Justin Rose, Adam Scott, Xander Schauffele, Max Homa, Rickie Fowler, Billy Horschel, Steve Cohen Organizations: Augusta National Golf Club, Disney, ESPN, PGA, ABC, College Football, NFL, Tour, Saudi Arabia's Public Investment Fund, Endeavor Group Holdings, Fenway Sports Group, CNBC, NBC Sports, Major League Baseball's New York Mets, New York, Private Ventures Locations: Augusta , Georgia, TGL, Palm Beach Gardens , Florida

☆ Apple's iPhone 15 is boring. Google and Samsung Android phones are far more innovative.
▼ + stars: | 2023-09-30 | by ( Michael Gartenberg | ) www.businessinsider.com time to read: +6 min

Apple iPhone users don't know all the features and benefits they are missing. And early predictions are that the iPhone 15 will sell well , as users' existing iPhones age or break. There were some lines for the iPhone 15 at stores in Hangzhou, China and Mumbai, but those are locations where iPhone demand routinely outstrips supply and ownership is still somewhat of a status symbol. My iPhone 13 doesn't really look much different than a brand new iPhone 15. Google Pixel Tablet docking station and other Google tech hardware GoogleThe Google Pixel Fold balances the ability to use it as a great smartphone when closed while turning it into an iPad-mini-sized tablet when opened.

Persons: I've, —, Steve Jobs, Let's Organizations: Apple, Service, Google, Samsung, European Union, TV Networks, Pepsi Locations: Hangzhou, China, Mumbai

☆ Alexandra Bruell — Reporter at The Wall Street Journal
▼ + stars: | 2023-09-28 | by ( Alexandra Bruell | ) www.wsj.com time to read: +1 min

Alexandra BruellAlexandra Bruell covers the news and magazine publishing industry and is part of The Wall Street Journal’s Media and Marketing Bureau in New York. Prior to taking on the publishing beat, Alexandra covered advertising for the Journal. Before joining the Journal in 2016, Alexandra worked as a reporter for Ad Age. There, she wrote about marketing and Madison Avenue, including a series of stories about allegations of kickbacks in the media-buying business. Earlier in her career, she covered the business of consumer marketing for a public relations trade publication.

Persons: Alexandra Bruell Alexandra Bruell, Alexandra Organizations: Journal’s Media, Marketing Bureau, Journal, Netflix, Ad, Madison, Tulane University Locations: New York, newsrooms, New York City

☆ He's been at the same company for 50 years. Here's why he stayed so long and what he tells workers who want to jump from job to job.
▼ + stars: | 2023-09-28 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Look a little closer and you see how long he's been with the telecom giant: 50 years and two months. Turner, who goes by Kip, has far outlasted most of us in how long he's stayed with the same company. Government figures from 2022 show that the median time US workers have been with their current employer is 4.1 years. And I think people may be afraid to do that — that they think you're unhappy. For example, he's traveled around the country to complete technical training, which has helped him keep pace with the technology.

Persons: Paul, Kip, Turner, —, Paul Turner, I've, they're, that's, It's, it'll, kiddos —, Clinton's, Kip Turner, He's, I'm, he's Organizations: Service, Bell Telephone Locations: Conway , Arkansas, Faulkner County , Arkansas, Little Rock , Arkansas, Hickory Ridge , Arkansas

☆ The way I'm thinking about stocks makes them winners no matter what the Fed or bonds do
▼ + stars: | 2023-09-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

After the September meeting pause last week, the target range for the fed funds rate remained at 5.25% to 5.50%. First, I don't know a soul besides me who agrees with that 20-year versus fed funds rate yield prognosis. They think the fed funds rate will come down or the 20-year yield is already extended. Second, I don't know anyone else who believes the economy is so strong that the Fed is correct to keep on an anti-inflation course. I don't think so.

Persons: We've, Jerome Powell, Powell, It's, —, that's, — let's, it's, Bob Iger, Charlie Scharf, there's, Einstein, Salesforce, Elliott, Bill Newlands, Constellation, William Giles, Giles, Bud, Tom Jorden, Coterra, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Federal Reserve, Fed, Treasury, Apple, Club, Disney, Hulu, CNBC, Comcast, DIS, ABC, ESPN, Nexstar Media, YouTube, Apple's, Wells, Constellation Brands, Constellation, Elliott Management, Autozone, San, Coterra Energy, & Gas, Ford, Traders, New York Stock Exchange, AFP, Getty Locations: U.S, New Jersey, Gary's, Madison —, Wells Fargo, Wells, What's, slowdowns, Texas, San Miguel, Brooklyn , New York, AMZN, CTRA

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