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AdvertisementComcast is looking to separate from most of its cable networks. Comcast wasn't bluffing about unloading its steadily declining cable TV networks. Related Video Why MassMutual is all in on the Boston Red Sox, according to CMO Jennifer HalloranNotably, Comcast's NBCUniversal isn't biding all of its cable networks adieu, however. However, Moffett said that the spun-off networks likely make more sense with Comcast than on their own. AdvertisementWhatever the fate of the spinoff, Comcast clearly sees the value of Bravo's scripted content, compared to the more challenged TV news business.
Persons: Jennifer Halloran, Comcast's, Bravo, Peacock, Brandon Katz, Katz, Nielsen, Michael Hodel, Craig Moffett, MoffettNathanson, Moffett, Rich Greenfield, Brian Wieser, Wieser Organizations: Comcast, Bravo, Boston Red Sox, NBC, Syfy, USA Network, Morningstar, NBA, Lightshed Partners, Madison, Investors Locations: Wall
A man accused of murder after a 911 call about a fake bear attack in the mountains of Tennessee led authorities to a dead man last month has been found and arrested, police said Sunday. The Monroe County Sheriff’s Office said it was informed Sunday that Hamlett, who had been sought on a first-degree murder warrant, was found and arrested in South Carolina. “The sharing of Hamlett’s wanted poster led the public, whom is our most valuable resource, to act as our eyes and ears,” Monroe County Sheriff Tommy J. Jones II said in a statement. Hamlett was arrested in South Carolina after a hospital employee recognized him and alerted authorities, Columbia police said. His case did not appear to be available online on Monroe County court records Monday.
Persons: Nicholas Wayne Hamlett, Hamlett, Hamlett’s, Tommy J, Jones II, Nicholas Wayne Hamlet, Brandon Andrade, Charles Hall, Brandon Kristopher Andrade —, , ” Jones, Jones, Steven Douglas Lloyd Organizations: Sheriff’s, Charles Hall Bridge, Hamlett, NBC, Columbia Locations: Tennessee, Columbia , South Carolina, Monroe County, Monroe, South Carolina, Tellico Plains, Alabama, Knoxville, Columbia
Comcast's Mike Cavanagh said the company will explore ditching its cable networks. AdvertisementComcast said this week it might separate from its cable networks and marry off its streaming service. Mike Cavanagh, Comcast's president, floated the idea Thursday of spinning out cable networks like CNBC and MSNBC into a new firm while holding on to NBC. Several industry analysts said that Comcast could increase its valuation by divorcing itself from its declining cable networks, as it would help emphasize its burgeoning streaming business. "The cable networks likely have little value on their own.
Persons: Comcast's Mike Cavanagh, Peacock, , Mike Cavanagh, Cavanagh, Jessica Reif Ehrlich, isn't, John Hodulik, Craig Moffett, Moffett, Insider's Peter Kafka, Michael Hodel, Tim Nollen, Rich Greenfield, Greenfield, it's, David Zaslav, WBD, NBCU, Brandon Katz, Max, Katz Organizations: Wall Street, Service, Comcast, CNBC, MSNBC, NBC, Disney, ABC, Bank of America, Warner Bros, UBS, Morningstar, Lightshed Partners, Starz, WBD's, NBA, Paramount, Max Locations: MoffettNathanson, USA
A man who called police claiming he fell off a cliff while running from a bear — leading officials to discover a dead body — is now wanted for murder, Tennessee officials say. He told dispatch he had fallen off a cliff while running from a bear, and was left injured and partially in water, the sheriff's office said. Monroe County Sheriff’s Office“Mr. An arrest warrant has been issued for Hamlett for first-degree murder out of Monroe County, Tennessee. Officials warn Hamlett is considered armed and dangerous, known to use various aliases, and anyone who sees him is asked to call 911 or Monroe County Dispatch.
Persons: Brandon Andrade, Charles Hall, Brandon Kristopher Andrade, Andrade, Nicholas Wayne Hamlett, Hamlett, Nicholas Wayne Hamlet Organizations: Sheriff's, Charles Hall Bridge, Authorities, , Tennessee Bureau, Investigation, FBI, Dispatch Locations: Tennessee, Monroe, Tellico Plains, Alabama, Monroe County, Knox County , TN, Monroe County , Tennessee
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
Emergency workers and researchers use the term “critical incident” to describe a traumatic event. I’ve been compelled to explore mental health issues — and their potential solutions — ever since. Research has found that throughout a career, an emergency worker may experience over 180 critical incidents. While observing emergency workers in this documentary, I was amazed by their ability to work so calmly through crises and transition quickly in and out of their home lives. I wrote previously that the American West has some of the nation’s worst outcomes for behavioral health issues such as substance abuse and suicide.
Persons: I’ve, psychotherapies Organizations: Research, American Foundation for Suicide, Department of Veterans Affairs Locations: American, Wyoming, psychedelics
US law enforcement officials have also been closely monitoring the incident to determine if a federal crime was committed, a senior US official familiar with the matter told CNN. Tom Brenner/ReutersA longtime political consultant, Kramer worked for Kanye West’s 2020 presidential bid and has a history of producing robocalls. Phillips’ campaign said it had no knowledge of his reported involvement with the AI Biden call. He said that Kramer told him to delete all of the emails between the two of them, and that he did. As figures at the center of American political scandals go, Carpenter is certainly “eccentric” – a word he uses to describe himself.
Persons: Paul Carpenter –, , Joe Biden’s, Carpenter, Dean Phillips, Biden, , “ I’m, Steve Kramer, Phillips, Kramer, Carpenter’s, Biden’s, Tom Brenner, Kanye, Phillips ’, robocalls, ” Phillips, Katie Dolan, ” Dolan, Hank Sheinkopf, Sheinkopf, CNN’s Jake Tapper, “ I’d, , who’s, Donald Trump, Sen, Lindsey Graham of, ” Carpenter, he’s, didn’t, Bruce Kramer, Brandon Kizy –, Paul Carpenter, CNN “ Paul, Paul, ” Kizy, Hany Farid, we’ve, ” Liz Purdy, I’d, “ I’ve, ” CNN’s Alison Main, Allison Gordon, Isabelle Chapman, Yahya Abou, Ghazala Organizations: CNN, New, Minnesota Rep, Democratic, NBC News, Commission, Reuters, South, Republican, University of California Berkeley Locations: Orleans, New Hampshire, Texas, New York, Pennsylvania, South Carolina, Minneapolis, New Orleans, Lindsey Graham of South Carolina
Yelp (YELP.N) and News/Media Alliance, which are not defendants in the litigation but are targets of Google's subpoenas, argue that law firm Paul, Weiss, Rifkind, Wharton & Garrison should be disqualified. A spokesperson for Paul Weiss said the "firm's representation of Google is appropriate in all respects." Yelp said it hired Paul Weiss in 2016 for counsel on antitrust issues. The Justice Department's antitrust head, Jonathan Kanter, was on the Paul Weiss team representing Yelp. New York-based Paul Weiss, which has about 1,000 lawyers globally, is also representing Amazon.com in various antitrust lawsuits.
Persons: Gonzalo Fuentes, Paul, Weiss, Garrison, Leonie Brinkema, Paul Weiss, Yelp, Jonathan Kanter, Charles Molster III, Brandon Kressin, Brinkema, Kanter, Mike Scarcella, Leigh Jones, Rami Ayyub Organizations: Google, Viva Technology, Porte de, REUTERS, Media Alliance, Yelp, U.S, Google LLC, Eastern, of, Thomson Locations: Porte, Paris, France, U.S, Rifkind, Wharton, New York, States, of Virginia
Strike signs await striking SAG-AFTRA actors and Writers Guild of America (WGA) outside Disney Studios in Burbank, California, U.S., July 25, 2023. The WGA, which represents 11,500 film and television writers, described the deal as "exceptional" with "meaningful gains and protections for writers." While writing may resume, the SAG-AFTRA actors' union remains on strike. Efforts to restart daytime talk shows without writers, such as "The Drew Barrymore Show," collapsed this month, in the face of criticism from striking writers and actors. Even as studio executives celebrated the end of the longest-running writers' strike since 1988, it is only half the labor battle.
Persons: Mike Blake, Caroline Renard, Hollywood's, Drew Barrymore, Bob Iger, Iger, It's, Brandon K, Hines, Kevin Klowden, David Zaslav, Ted Sarandos, Donna Langley, AFTRA, Dawn Chmielewski, Lisa Richwine, Danielle Broadway, Christopher Cushing Organizations: Writers Guild of America, Disney Studios, REUTERS, WGA, Hollywood, SAG, Alliance, Television Producers, Walt Disney, Netflix, Warner Bros Discovery, Disney, Milken Institute, Reuters, Thomson Locations: Burbank , California, U.S, California, New Mexico, Georgia, New York, Los Angeles
That was the promise of a digital library of movies and TV shows. "Warner Bros. That's why NBCUniversal had to pay itself $500 million to stream Universal TV's "The Office" on Peacock and Warner Bros. Rafael Henrique | Lightrocket | Getty ImagesBy removing the content specifically made for streaming rather than licensed shows and movies, Warner Bros. Warner Bros.
But investment in Asian, especially Korean, content is still high. "Some might think that supply outstripping demand globally could mean a slight pullback in investment could be on the table. The behemoth streaming service said it plans to invest $2.5 billion over the next four years to produce more Korean shows and movies. While global demand for Korean-language TV shows has increased since early 2020, it has still been outpaced by the supply of the content. Meanwhile, that demand has stagnated in comparison to other Asian language TV series, specifically Japanese and Chinese, according to Parrot.
While there have been improvements in diversity within writers' rooms in recent years, writers of color, women of color, disabled writers and LGBTQ+ writers in Hollywood still lag in opportunities. Demands for more compensation and larger writers' rooms may be newer concerns for what Hines refers to as the "upper echelon of writers," but this has been an unresolved struggle for underrepresented writers for years. "When it comes to the issues of writers of color, there's a constant feeling of being left out of the negotiation," Hines said. Many WGA members also believe the specific strike demands, including adding larger writers' rooms, offer a better chance for writers on the sidelines to join in. "That would be absolutely huge for all kinds of underrepresented writers, and disabled writers as well, because we are wildly underrepresented," said Jamey Perry, vice chair of the WGA's Disabled Writers Committee and "Lincoln Rhyme: Hunt for the Bone Collector" writer.
Fox Corp. , Disney , Warner Bros. Media executives' messaging to advertisers could center around value this year, particularly as companies continue to offer more content on their streaming services. Cost cuttingWhile media executives will try to convince advertisers to maximize their spending, they'll be pushing that narrative while making fewer shows. The logo of the streaming service Paramount+ on a logo wall at the Paramount+ launch event. Jörg Carstensen | Picture Alliance | Getty ImagesParamount, in particular, has seen a big reliance on franchises, especially for its Paramount+ streaming service.
Disney is also embroiled in a legal fight with Florida Governor Ron DeSantis over state efforts to control Disney World. The media and entertainment giant's Disney+ streaming service is expected to add a net 1.3 million subscribers in the second quarter, compared with additions of 7.9 million a year ago, according to Visible Alpha. "Star Wars" spin-off "The Mandalorian" was Disney+'s most in-demand series both in the U.S. and worldwide during the quarter, according to data provider Parrot Analytics. The streaming unit's operating loss is expected to widen to about $750 million from a loss of nearly $670 million a year earlier. That would mark the slowest growth since the second quarter of 2021, as the company's cable business also takes a hit from an ad market slowdown.
And, for once, the success of a Marvel film could bode well for the future of its longtime adversary. On the theatrical side, DC Studios has announced five new projects that will roll out starting in 2025 with Gunn's own "Superman: Legacy." "And I think Marvel Studios, sooner rather than later, needs to tell us what's going on with Spider-Man." He sees this as the result of predictable plotlines within the genre that are repeated across both studios' films. Marvel Studios
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Max'ing out on streaming: Warner Bros. Discovery to unveil new streaming serviceHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Alex Sherman, CNBC Business News, and Brandon Katz, entertainment industry strategist at Parrot Analytics, join the show to discuss the new streaming service from Warner Bros.
Windies skipper smashes his side to T20 win over South Africa
  + stars: | 2023-03-25 | by ( ) www.reuters.com   time to read: +2 min
[1/5] Cricket - First Twenty20 - South Africa v West Indies - SuperSport Park Cricket Stadium, Centurion, South Africa - March 25, 2023 South Africa's Anrich Nortje and Aiden Markram after the match REUTERS/Siphiwe SibekoPRETORIA, March 25 (Reuters) - West Indies captain Rovman Powell smashed a quickfire 43 not out to propel his side to a three wicket victory over South Africa in a rain reduced Twenty20 international clash on Saturday. Powell’s knock came off only 18 balls as the West Indies reached their target of 132 with three balls to spare to go 1-0 up in the three-match series. The game was reduced to 11 overs each with South Africa scoring 131-8 and then the tourists replying with 132-7. After a two-hour delay, Powell put South Africa into bat in damp conditions and got immediate returns as key batsmen Quinton de Kock and Rilee Rossouw departed cheaply. West Indies went on the attack from the start of their innings, scoring 17 runs off their opening four balls before South Africa snagged Kyle Mayers with the next delivery.
The Oscar box office bump is shrinking
  + stars: | 2023-03-10 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +4 min
The winner of the best picture award at Sunday's Oscars may not get a box office bump for taking home the night's biggest prize. The result has been a smaller bump in box office at the time of nominations and a significant surge in streaming demand. For 2014's "American Sniper," 99% of its box office ticket sales came after its nomination, a whopping $346 million. This year, all of the best picture nominees saw less than 13% of revenue from post-nomination box office except for one. "For decades, we've seen contenders pick up extra box office ticket sales once the picture nominations were announced.
Several Wall Street research firms downgraded SVB Financial after shares of the tech-focused bank plunged more than 60% during the previous trading session. King also lowered his price target to $100 from $174, which implies a 6% decline from Thursday's close price. The analyst expressed concern that the proposed capital raise would potentially be followed by more in the future. Long also removed his price target, which was previously $375. It had previously issued an outperform rating and price target of $360 per share.
The financial-technology company, which offers investing, trading, and savings features for its 2 million users via a subscription-based model, announced Liza Landsman as its new CEO on Thursday. She succeeds Stash cofounder Brandon Krieg, who is staying at the company as head of business development. When Insider asked Landsman about future plans for Stash — raising more funds, looking to be acquired, or going public — the new CEO honed in on an IPO. Cofounder and former CEO Krieg is stepping into a new position within the company as head of business development. He'll lead the development of a new business-to-business channel that will allow Stash users to access funds on the app through their employers.
One potential nearer-term solution for companies that rely on semiconductors: advanced data analytics and artificial intelligence tools to help manage supply issues. "The semiconductor supply chain is still constrained," said Brandon Kulik, semiconductor industry leader and principal at Deloitte Consulting. "Organizations can leverage data analytics tools for deeper insights across the supply chain," Tandon said. Rand Technology, an independent semiconductor distributor, is using data analytics to solve customer challenges related to supply. Rand also uses advanced data analytics to identify trends and patterns that enable it to guide customers strategically through perilous market conditions.
INDIANAPOLIS — A man who shot and wounded two southern Indiana judges outside an Indianapolis fast food restaurant in 2019 was convicted Wednesday on seven of eight felonies and one misdemeanor after a three-day trial. A jury convicted Brandon Kaiser of aggravated battery, multiple battery-related charges and carrying a handgun without a license. Clark County Circuit judges Brad Jacobs and Andrew Adams were shot during the early morning hours of May 1, 2019 in the parking lot of a downtown White Castle restaurant. The Indiana Commission of Judicial Qualifications filed disciplinary charges against the three judges involved. Jacobs and Bell were reinstated to the bench in December of that year after serving 30-day suspensions.
Stash announced Wednesday the launch of a new core banking system and a refreshed debit card. CEO Brandon Krieg told Insider 'Stash Core' will make it easier to develop new products. The startup inked new partnerships with Mastercard, Stride Bank, Marqeta, and other fintech names. For Stash, a fintech built on both deposit banking and investing rails, that has led to an overhaul of the fintech's financial infrastructure and a host of new partnerships. On Wednesday, Stash announced the launch of Stash Core, a new banking system that Brandon Krieg, Stash's cofounder and CEO, said amounts to a rebuild of the startup's back-end tech stack.
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