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Sysco CEO Kevin Hourican sits down with Jim Cramer
  + stars: | 2024-05-22 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Sysco CEO Kevin Hourican sits down with Jim CramerSysco Chair and CEO Kevin Hourican joins 'Fast Money' to talk trends in the restaurant industry, its investors day, growth targets for the next 3 years and more.
Persons: Kevin Hourican, Jim Cramer
Read previewPaul Hourican, TikTok's global head of music partnerships and programming, is leaving the company, the executive confirmed to Business Insider. Hourican joined TikTok around four-and-half years ago in London as an executive heading up the company's UK music operations. From there, he jumped into a role overseeing its European music operations before expanding into a global leadership position on the music team. AdvertisementTikTok launched a massive push into the music business during Hourican's tenure at the company, rolling out a creator-hosted radio station on SiriusXM , a music-streaming app in five countries, and an artist-services arm called SoundOn. Recently, the company has been flexing its influence in music as it battles with Universal Music Group over song licensing.
Persons: , Paul Hourican, Hourican, TikTok Organizations: Service, Business, Universal Music Group, LinkedIn Locations: London, SiriusXM, TikTok
OK, you will never confuse me for a rapper, but those are the four words that describe this economy right now. I have not been a fan of this company because of its losses and its inability to pivot to profit. You have to add the DoorDash numbers to the Toast numbers to see the strength of the go-out and go-in parts of the economy. I am just saying that the Federal Reserve does not have a handle on how overheated this economy has become. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Todd Schneider, Kevin Hourican, Ralph Lauren, Ralph, That's, Lam, Barry Sternlicht, Otis, There's, Eaton, Parker, Uber, it's, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Walmart, Home, Philadelphia Eagles, Applied Materials, Federal Reserve, Simon Property Group, Costco, Property, Reuters, Saudi, Mastercard, American Express, Lam Research, Nvidia's, Waste Management, Starwood Capital, U.S, Fed, Jim Cramer's Charitable, CNBC Locations: DraftKings, China, Emerson, Dover, Cummins, , Wells Fargo, San Francisco
Serving mom-and-pop restaurants is our 'bread and butter', says Sysco CEO Kevin HouricanSysco President and CEO Kevin Hourican joins 'Mad Money' host Jim Cramer to talk quarterly results, revenue drivers, product distrobution and more.
Persons: Kevin Hourican, Jim Cramer
TikTok's owner is shuttering its music app Resso in India in response to government orders. The move comes as TikTok is rolling out a separate music app in five countries. AdvertisementTikTok's parent company ByteDance is shutting down its music-streaming app Resso in India at the end of this month, a company spokesperson confirmed to Business Insider. The app blends some of the social features of TikTok with music streaming. The company hasn't announced plans to roll out TikTok Music in India.
Persons: TikTok, , Resso, hasn't, ByteDance, SiriusXM, Paul Hourican, Moneycontrol Organizations: Service, Business, Apple, Spotify, Apple Music, YouTube, US, BI Locations: India, China, Brazil, Indonesia, Australia, Mexico, Singapore, Mesa , Arizona
Its music ambitions could ruffle feathers at record labels and publishers — unless it pays out. TikTok's app regularly sparks trends that help songs go viral, making it a favorite of marketers at major labels and independents. TikTok works closely with record labels and artists on promotional efforts like livestreamed concerts, in-person performances, and private listening parties with TikTok stars. Spotify has maintained a tenuous relationship with the labels over the years as it's sought to balance profit margins while splitting revenue with artists, labels, and publishers. Still, even as record labels and publishers push TikTok to pay more to music rights holders, they're investing more in the app.
Its music ambitions could ruffle feathers at record labels and publishers — unless it pays out. TikTok's app regularly sparks trends that help songs go viral, making it a favorite of marketers at major labels and independents. TikTok works closely with record labels and artists on promotional efforts like livestreamed concerts, in-person performances, and private listening parties with TikTok stars. Spotify has maintained a tenuous relationship with the labels over the years as it's sought to balance profit margins while splitting revenue with artists, labels, and publishers. Still, even as record labels and publishers push TikTok to pay more to music rights holders, they're investing more in the app.
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