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Search resuls for: "CNBC’s Alex Sherman"


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NBA Commissioner Adam Silver on AI, TNT and referees
  + stars: | 2024-10-24 | 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 EmailNBA Commissioner Adam Silver on AI, TNT and refereesCNBC’s Alex Sherman with NBA’s Adam Silver, join 'Power Lunch' to discuss the league’s breakup with media rights partner TNT, what key changes could come to the court in the years ahead and how best to grow the WNBA’s revenue.
Persons: Adam Silver, CNBC’s Alex Sherman, NBA’s Adam Silver Organizations: TNT
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailActivist Starboard builds stake in News Corp, will push for changesCNBC’s Alex Sherman and Julia Boorstin joins 'Power Lunch' to discuss Starboard acquiring stake in News Corp.
Persons: Alex Sherman, Julia Boorstin Organizations: News Corp
Disney's potential ABC sale: Who are possible buyers?
  + stars: | 2023-09-15 | 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 EmailDisney's potential ABC sale: Who are possible buyers? CNBC’s Alex Sherman joins ‘Power Lunch’ to report the latest developments on Disney’s possible sale of ABC.
Persons: Alex Sherman Organizations: ABC
Disney’s shares ended Monday up more than 6% on a day that the Dow Jones was slightly down. Second, Iger is moving fast — not even waiting a full 24 hours to announce sweeping changes — to dismantle Chapek’s reorganization of the company. The speed at which Iger is hurtling is especially remarkable given that Disney’s board only made its overture for Iger to return to the embattled company on Friday. “Over the coming weeks, we will begin implementing organizational and operating changes within the company,” Iger wrote to employees. Looking further into the future, bigger questions abound: What will Disney look like when Iger’s two-year deal is up?
New York CNN Business —“Unsettling.”That’s the sort of news CNN staffers had delivered to their inboxes at 1pm ET on Wednesday when network boss Chris Licht candidly informed them that sweeping changes are imminent. In other words, brace for layoffs by the end of the year. Licht, who has been conducting a business review of CNN for six months, said in a memo that he had identified areas where changes will be made. Licht’s memo came hours after CNBC’s Alex Sherman published a deep-dive examining the future of CNN. Licht said in his memo that he aims to have the changes implemented by end of year so that 2023 can start on a strong foot.
The news marked a reversal from the previous two quarters when Netflix saw stunning declines in subscriber growth. As an executive at a rival streaming company told CNN on Tuesday, the shift in narrative is “a complete 180” for Netflix, which for years has intensely focused on subscriber growth. Discovery, one of the competitors Netflix is clearly jabbing.) “In other words,” CNBC’s Alex Sherman translated in his story, “Netflix is saying it has built a great streaming business, while Disney, Warner Bros. Discovery, Comcast’s NBCUniversal, Paramount Global, and others want to build a great streaming business.”
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