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AdvertisementCharter will end up paying WBD for the right to give away Max with ads (as well as Discovery+, WBD's much-less-popular streamer), which sells for $10 a month. So WBD isn't exactly giving Max away. But by making a version of Max free to millions of Charter subscribers, WBD is basically inviting existing Charter/Max subscribers to trade down. But this time around, LightShed analyst Rich Greenfield calls the deal a "victory" for WBD, given the weakened position of its cable channels. Related stories"Nobody had faith in Zaslav/WBD to get a Charter deal done, especially a deal that was not even up for an entire year," he writes.
Persons: , WBD, Max, there's, Warner, Rich Greenfield, Nobody, Greenfield, John Malone, Malone, David Zaslav, Goldman Sachs, He'll Organizations: Service, Warner, TNT, NBA, Business, HBO, Charter, Disney, ESPN, Analysts, Comcast, DirecTV Locations: Zaslav, DirectTV's
They really just want to disintermediate all of pay TV and drive everyone to themselves. Fresh off a vicarious victory over Disney, Thun is still looking for revenge. For DirecTV, it's skinny bundles or bustDirecTV believes these strict bundling requirements are to blame for putting pay TV on life support. Disney is "completely responsible" for the fall of pay TV, Pachter said, "because they think the only direction that retransmission fees should go is up." Without skinny bundles, pay TV is 'going to die'If skinnier bundles can't solve pay TV's woes, it's unclear what could.
Persons: , Venu Sports, Venu, Rob Thun, Thun, Venu didn't, DirecTV's, Geo, They've, Venu wouldn't, Margaret Garnett, I'm, Michael Pachter, he'd, Pachter, Brian Wieser, Puck's John Ourand, Rich Greenfield, Greenfield, — we're, Wieser Organizations: Service, Disney, Fox, Warner Bros ., DirecTV, Business, ESPN, balk, YouTube, Wedbush Securities, Madison, Cable, Paramount, LightShed Partners, Charter Locations: Thun, Wall
Hong Kong Exchanges and Clearing celebrates the 24th anniversary of its listing on June 21, 2024. "We are seeing more of these [U.S. dollar] funds, they are moving back to Hong Kong. "I would say if the interest rate can be further cut down, 1% maybe, that would have a significant effect on the IPO market," Chan said. Hong Kong IPO returns are improving. "These things added together are projecting an upward trend for the Hong Kong market [in the] next 5 years."
Persons: George Chan, Chan, EY, Hong Kong, Marcia Ellis, Morrison Foerster, Hong Kong IPOs, China IPOs, Bonnie Chan, EY's George Chan, EY's Chan Organizations: Hong Kong Exchanges, China News Service, Getty, CNBC, Information, HK, China Securities Regulatory, Hong Kong . Investors, U.S . Federal Reserve, Hong Kong Stock Exchange, Hong, Hong Kong Locations: BEIJING, Hong Kong, China, U.S, Shanghai, Hong, Greater China
Maesha Shonar, a micro influencer with 24,000 followers on Instagram, previously told BI she had such a highly engaged audience. Take a look at new data on influencer brand deals in 2024Platforms also pay creators based on their video views and engagement. Read more about how TikTokers can score huge paydays for longer videosOn Snapchat, creators have had success making money from its ad-revenue program. Related storiesAffiliate marketing is another popular way to make money after becoming an influencer. Nino de Guzman said she launched the app to help show others how easy it was to become an influencer and make money from social media.
Persons: , Ayomi Samaraweera, Samaraweera, Nadya Okamoto, influencers, Stacy Kim, Maesha, Instagram, Nate White, I've, MrBeast, Read, videographer Tej Patel, AJ, Grey, influencer Janesha Moore, Moore, makeups, Paulina Perez, she's, Perez, Slack, Lissette Calveiro, Christen Nino de Guzman's Clara, Nino de Guzman, Christen Nino De Guzman, Alix Earle ., Kensington, that's, Danielle Pistotnik, publicists Organizations: Service, YouTube, Business, Samsung, Verizon, Amazon, Brand, UTA, CAA, Management Locations: California
"Cruise demand is also tied to a broader consumer desire for accumulating experiences rather than objects," Farley wrote. "We can see that 2024 is not just benefiting from pent up demand, because that is completely new demand," Farley said. Melius Research is also bullish on the industry's future and believes cruise lines are set for continued margin expansion over the next several years. However, cruise pricing is holding up, analyst Jamie Rollo said in a note Friday. Earlier this month, the cruise operator lifted its full-year earnings forecast, citing strong demand and an improved outlook for the year.
Persons: Robin Farley, Farley, diems, Viking, Conor Cunningham, Morgan Stanley's, Jamie Rollo, Jason Liberty, Morgan Stanley, Rollo Organizations: UBS, Royal, Cruise, CNBC Locations: U.S, Royal Caribbean, Norwegian
Read previewAfter a series of second-place finishes on Super Tuesday, Republican former UN Ambassador Nikki Haley seems poised to end her presidential campaign. Her dropping out of the race would leave former President Donald Trump the only remaining major candidate in the running to obtain the GOP nomination. Hayley had a relatively poor showing on Super Tuesday itself, losing to Trump in 14 of the 15 voting states. Earlier in the race, Haley's best bet to win the nomination was outlasting Trump in the hope he'd drop out of the race amid his slew of ongoing legal issues. A more likely pick, as Trump himself previously suggested, would be Sen. Tim Scott, Vivek Ramaswamy, or South Dakota Gov.
Persons: , Nikki Haley, Donald Trump, Hayley, Haley, Trump, we're, outlasting Trump, she's, Sen, Tim Scott, Vivek Ramaswamy, Kristi Noem Organizations: Service, Republican, Street Journal, CNN, NBC, Business, Trump, Super, Republican National Committee, South Dakota Gov Locations: Vermont, South Carolina, New, New Hampshire
Read previewRep. Elise Stefanik on Saturday dismissed Nikki Haley as a potential running mate for former President Donald Trump, arguing that the former UN ambassador would be a "nonstarter" as his No. Nikki Haley has been disloyal to President Trump," Stefanik said on Saturday during a stop at Trump's Manchester campaign headquarters. On the issues related to election integrity, Nikki Haley was stealing Democrat[ic] talking points." Got the first question in during Stefanik gaggle and asked her about Trumps attacks on Nikki Haley’s name. NewsNation on Saturday asked Stefanik about her thoughts on Trump using Nikki Haley's given first name, Nimarata, in recent days.
Persons: , Elise Stefanik, Nikki Haley, Donald Trump, Haley, President Trump, Stefanik, Stefanik gaggle, Nikki Haley’s, Trump, vK47NKKsvE — Kellie Meyer, NewsNation, Nikki Haley's, Ohio Sen, JD Vance, UPenn's Elizabeth Magill, Harvard's Claudine Gay —, Steve Bannon Organizations: Service, UN, The New York Times, Business, Trump, Tuesday's New, Tuesday's New Hampshire GOP, House Republican Conference, South, Republican, New, GOP, The Times, Ohio, Ivy League, Trump White House Locations: Tuesday's, Tuesday's New Hampshire, South Carolina, New York, Trump's Manchester, Stefanik, New Hampshire, Londonderry, Trumpworld,
Chris Christie is suspending his 2024 campaign, a move likely to benefit Nikki Haley. But just before his announcement, he was caught on a hot mic trashing Haley's chances. Christie declares that Haley's "gonna get smoked" and isn't "up to this." Chris Christie was caught on a hot mic making disparaging comments about Nikki Haley. Chris Christie is caught on a hot mic ahead of his expected announcement that he's dropping out of the presidential race:He says Nikki Haley is "gonna get smoked" and a "petrified" Ron DeSantis called him.
Persons: Chris Christie, Nikki Haley, Christie, , She's, Ron DeSantis, Wayne, Haley, Trump, DeSantis Organizations: Service, New, New Jersey Gov, South, United Nations, Florida Gov Locations: New Hampshire, New Jersey, South Carolina, Florida, Iowa
Menendez's removal could be a game-changer for two countries who have long sought US fighter jets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . His removal could be a game-changer for Egypt and Turkey — two important but vexing US allies — when it comes to buying modern US-made fighter jets to upgrade their air forces. Turkey's F-16 prospectsA Turkish F-16 during a NATO Air Policing mission out of Poland in August 2021. It has ordered 54 French-made Rafale multirole jets in a bid to, at least partially, diversify its overwhelmingly American-made fighter arsenal.
Persons: Sen, Bob Menendez, Menendez, , Bob Menendez's, Turkey's, Cuneyt, Getty Images Menendez, Recep Tayyip Erdogan, Erdogan, Ben Cardin, Getty Images Cardin, Cardin, Ryan Bohl, RANE, Bohl, Frank McKenzie, Derek Seifert Cairo, Su, Paul Iddon Organizations: Foreign, Service, New, New Jersey Democrat, Senate Foreign Relations, NATO Air Policing, Anadolu Agency, Getty Images, Turkish, NATO, Turkish Air Force, East, Business, US Air Force KC, 135R, US Air Force, Getty, US Central Command, State Department, Air Force Locations: New Jersey, Egypt, Turkey, Turkish, Poland, NATO, coziness, Russia, Malbork, North Africa, Israel, Cairo, China, Dubai, United States, France
Citadel CEO Ken Griffin is trying to get Donald Trump to debate Nikki Haley. He highlighted Haley as Trump's main rival, but said he was still deciding if he wanted to back her. AdvertisementHedge fund boss Ken Griffin on Tuesday urged former President Donald Trump to take on fellow presidential hopeful Nikki Haley in a GOP primary debate. "I think the real issue is, is Donald Trump, for all of his bluster, willing to get on stage with Nikki Haley or not?" "The American public needs to see, can Donald Trump hold his own with Nikki Haley?"
Persons: Ken Griffin, Donald Trump, Nikki Haley, Haley, , Griffin, Joe Biden, What's, Trump, who's, Sonali Basak, Haley's, Ron DeSantis, that's, Vivek Ramaswamy, Ramaswamy, Biden, Adolf Hitler Organizations: Citadel, Service, Bloomberg, GOP, Florida Gov, Trump Locations: Miami
Analysts are eyeing updates on Disney's direct-to-consumer business and ESPN ahead of fiscal fourth-quarter results Wednesday, as the company pivots further into streaming. The analyst has a buy rating on Disney stock with a $125 per share price target, down from $128. Here's what other analysts on Wall Street are saying ahead of Disney's results. MoffettNathanson - buy rating MoffettNathanson has a buy rating on Disney stock and a $115 per share price target. Wells Fargo - overweight rating Wells Fargo analyst Steven Cahall rates the stock overweight with a $110 per share price target.
Persons: Disney, Goldman Sachs, Brett Feldman, Jason Bazinet, Morgan Stanley, Ben Swinburne, Michael Nathanson, Nathanson, Wells, Steven Cahall, Cahall, Michael Bloom Organizations: ESPN, Disney, DIS, Hulu, Comcast, Citi, Press, Sports, CNBC
There was Chase Elliott, one of his best friends, who won the 2020 Cup title and is NASCAR’s five-time reigning most popular driver. And what of William Byron, who only needed half the time to pass Blaney in career wins? Then he scored his second win of the season in the round of 12 of the playoffs at Talladega Superspeedway to earn an automatic berth into the round of eight. I think that’s the biggest thing that’s helped me out this year,” Blaney said. Rushbrook loves Blaney's chances come Sunday to give Ford a second consecutive Cup title.
Persons: CHARLOTTE, — Ryan Blaney, he'd, Chase Elliott, Bubba Wallace, Blaney, Michael Jordan, William Byron, “ There’s, ” Blaney, haven’t, Kyle, Larson, Chase, , , Byron, Christopher Bell, Joey Logano, — Blaney, that’s, He's, Hendrick, Joe Gibbs, Denny Hamlin, Ford, Mark Rushbrook, , Rushbrook, Logano, ” Rushbrook, Ryan Blaney, he's, Organizations: Sunday, Martinsville Speedway, Phoenix Raceway, Charlotte Motor, Talladega Superspeedway, Team Penske, Talladega, NASCAR, Homestead, Miami Speedway, Martinsville, Toyota, Ford Performance Motorsports, Phoenix, Penske Locations: N.C, Martinsville, Virginia
Media analysts say this dispute could be the beginning of the end for the cable bundle. After a decade of steady decline, the pay TV bundle now appears to be on life support. Charter refuses to pay Disney's higher asking price for its family of networks, including ESPN, without including Disney+ and Hulu in the bundle. The cable giant also wants its customers to have a Disney-free option for a reduced price, which may also be a non-starter. Otherwise, it plans to send its pay TV customers elsewhere.
Persons: Tim Nollen, That's, Jessica Reif Ehrlich, John Hodulik, Hodulik Organizations: Disney, Media, UBS, ESPN, Hulu, Macquarie, Bank of America, Netflix, Charter Locations: imploding
Disney's Bob Iger is going head-to-head with "cable cowboy" John Malone in a tussle about payments. AdvertisementAdvertisementWriters and actors are on strike, his streaming platform is losing buckets of cash, and now Disney CEO Bob Iger has another headache to contend with — a battle with the "cable cowboy" John Malone. Advertisement Advertisement Watch: I quit cable for DirecTV Now and it's saving me over $1,000 a year — here's how I did itThe cable operator claims the demands are unrealistic amid "significant viewership declines" across Disney's channels. ESPN has been one of the few cable channels to swim against the tide and even managed to increase its audience by 12% last year, per Nielsen data viewed by the Los Angeles Times . AdvertisementAdvertisementCharter has threatened to permanently bar all Disney's channels from its service but Iger is not backing down either.
Persons: Bob Iger, John Malone, Iger, , Disney, Malone, There's, didn't Organizations: Charter Communications, Disney, Morning, Communications, DirecTV, FX, ESPN, US, New York Times, Nielsen, Los Angeles Times, NY Times, Disney Channel, Charter
Senate Republican women offered guarded praise but seemed interested in additional candidates. And we'll see who else jumps in," Sen. Joni Ernst, who seemed to be on the exact same page as many of her colleagues, told Insider at the US Capitol. While the half-dozen GOP women Insider talked to about Haley's plans were generally supportive of her presidential ambitions, none offered her an endorsement. I thought it was well done," Sen. Deb Fischer of Nebraska told Insider between Senate votes. "She adds much needed diversity," Collins told Insider — before quickly adding, "I expect there'll be other very good candidates announcing as well."
Cloud companies took a hit in 2022 and saw massive cuts in public and private valuations. Analysts say that Salesforce, Microsoft, and other business-oriented tech companies are staring down the barrel of customers cutting their IT budgets. The rush to remote working at the beginning of the pandemic meant companies purchased tons of new cloud software tools. For software vendors, any company that's offering a single tool versus a platform is likely to see cuts, RBC said. RBC analysts are expecting more layoffs ahead.
Investors are still digesting the news that Bob Iger will reprise his role as the chief executive of Disney. Bob Iger, CEO of Disney Charley Gallay/Stringer/Getty Images1. On Sunday, Disney announced legendary leader Bob Iger would return to his post as CEO and replace Bob Chapek, even though Chapek just months ago signed a contract extension. Disney stock had plunged 21% since Chapek's appointment in February 2020. As long as these headwinds batter the stock market, investors are likely not going to sit idly by and watch what they believe to be mismanagement by corporate leaders.
Rep. Sean Patrick Maloney conceded defeat early Wednesday morning. Maloney is the leader of House Democrats' campaign arm. "In New York, we defeated Sean Patrick Maloney," House Minority Leader Kevin McCarthy boasted early Wednesday morning long before Maloney conceded. "Last night, House Democrats stood our ground," he told reporters on Wednesday. Maloney's demise may be greeted with a degree of schadenfreude by House Democrats.
His "stank walk challenge" video went viral two months later, and brands started reaching out. Nate White had been posting on TikTok for a month when he saw the viral "stank walk challenge" his friend Crayzrah created in April 2020. He started making money from social media later that month when brands reached out to collaborate. Now, White has 1.8 million followers on TikTok and almost 340,000 followers on Instagram. Brands pay him to make in-person appearances at events, post a video on his account promoting a product, or appear in campaign videos.
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