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At first, I was a bit skeptical this was as big of a win for Warner Bros. Carriage fees for cable networks with many live NBA games and a popular studio show ("Inside the NBA") would typically rise. But, after doing a bit of digging, I've come to believe it's a little more of a win for Warner Bros. At first, I was a bit skeptical this was as big of a win for Warner Bros. But, after doing a bit of digging, I've come to believe it's a little more of a win for Warner Bros.
Persons: Alex Sherman, David Zaslav, I'd, Ernie Johnson, Charles Barkley, Kenny Smith, Shaquille O'Neal, , Turner, Ian Eagle, Nate Burleson, Watt, Noah Eagle, Greg Olsen, Jamie Erdahl, Steve Wyche, Laura Rutledge, Mina Kimes, NBC's Devin McCourty, Jason McCourty, I'm, Olsen, Fox, Tom Brady, They're, Comcast's NBCUniversal, they're, Bob Baffert, Contessa Brewer, Baffert, Barnes, Whoopi Goldberg, George Chung, Goldberg, CNBC's Jess Golden, Michael Ozanian, Egon Durban, Michael Meldman, Armour, CNBC's Golden, Gabrielle Fonrouge, Steve Cohen, Juan Soto, Soto, Roger Goodell, Jay, Kendrick Lamar, Z, Sean, Diddy, Combs, Z's, Goodell, David Grogan Organizations: CNBC, Comcast, Warner Bros, Discovery, TNT, NBA, Warner Bros ., Turner Sports, NASCAR, NHL, MLB, sublicensing College Football, ESPN, Max, Netflix, CBS, Kansas City Chiefs, Pittsburgh Steelers, Baltimore Ravens, Houston Texans, NBC Sports, NFL, The New, Fox, Paramount, Kentucky Derby, Medina, Churchill Downs, CNBC Sport, Women's Sports Network, ABC, NBC, Philadelphia Eagles, Buffalo Bills, Miami Dolphins, Ares Management, Las Vegas Raiders, Silver, New York Red Bulls MLS, Illustrated, SI, Authentic Brands, New York Mets, The New York Post, Mets, New York Yankees, Major League Baseball, CNN, Front Office, NCAA, College Football, CFP, Alabama, SEC, Super, Allen & Company Sun Valley Conference Locations: J.J, The New York, Churchill, Baffert, Spain, Portugal, Morocco, Saudi Arabia, Sun Valley , Idaho
Discovery is splitting its linear TV business from streaming and studios. Comcast last month also spun off its cable networks — except Bravo — into a stand-alone company. The moves illustrate a cable business in decline, with both repositioning for M&A opportunities. Discovery is separating its linear television business from its streaming business and film studios. AdvertisementA new Global Linear Networks division will house TV properties like the Discovery Channel and CNN, while the Streaming & Studios side will be the home of Max and movie studio Warner Bros. Motion Picture Group.
Persons: WBD, Max, David Zaslav Organizations: Warner Bros, Comcast, Bravo, WBD, Networks, Discovery Channel, CNN, Studios, Scripps Networks, Big Tech, HBO, Industry, Paramount Global
"A Knight of the Seven Kingdoms" takes place between the main series and "House of the Dragon." Here's what you need to know about "A Knight of the Seven Kingdoms." Advertisement'A Knight of the Seven Kingdoms' is about Dunk and EggPeter Claffey as Ser Duncan the Tall in "A Knight of the Seven Kingdoms." Should Martin release these in the future, HBO could easily turn "A Knight of the Seven Kingdoms" into a longer-running series. 'A Knight of the Seven Kingdoms' will premiere in late 2025In March 2024, Warner Bros. CEO David Zaslav confirmed to investors that "A Knight of the Seven Kingdoms" would start streaming on Max in "late 2025," IGN reported.
Persons: George R, Martin, Ser Duncan, Peter Claffey, Duncan, Francesca Orsi, David Zaslav, JB Perrette, Dexter Sol Ansell, Finn Bennett, Prince Aerion Targaryen, Daniel Ings, Lyonel, Sam Spruell, Maekar, Bertie Cavel, Baelor Targaryen, Tanzyn Crawford, Henry Ashton, Ashton, Edward Ashley, Ser Steffon Fossoway, Daniel Monks, Ser Manfred Dondarrion, Youssef Kerkour, Steely Pate, Tom Vaughan, Lawlor, Plummer, Shaun Thomas, Raymun, Danny Webb, Ser, Egg Dexter Sol Ansell, Dunk Organizations: HBO, YouTube, Aegon, Warner Bros, IGN, Variety, Kingdoms, Entertainment, YouTube HBO Locations: Winterfell, Derry
Cable networks are still profitable, but they're hemorrhaging subscribers and revenue every year as Americans cancel traditional pay TV for streaming services. Still, Disney's cable networks, including FX and Disney Channel, are more integrated with its streaming platforms than NBCUniversal's cable networks are with Peacock, the company's subscription streaming service. That may ultimately be where cable networks are heading — to private ownership willing to harvest them for cash. Another possible path for the spinoff is as a rollup entity for other cable networks. Discovery's debt and its cable networks.
Persons: It's, Peacock, Mark Lazarus Organizations: Comcast, Investors, Cable, Disney, FX, Disney Channel, SpinCo's, CNBC, MSNBC, Warner Bros, Paramount Global Locations: Peacock
Warner Bros. Warner Bros. Discovery sued the NBA in July, claiming the league failed to allow the media company to use its so-called matching rights on a package of live games. The agreement also extends a partnership between NBA Digital and TNT Sports for five seasons that allows the NBA to engage Warner Bros. The league isn't paying Warner Bros.
Persons: , Comcast's, Turner Organizations: Warner Bros, Discovery, National Basketball Association, Warner Bros . Discovery, NBA, — Disney, Amazon, WNBA, CNBC, ESPN, Turner Sports, TNT, Disney, Comcast, TNT Sports, Nordic, NBA Digital Locations: U.S, Poland, Latin America, Brazil, Mexico
AdvertisementSome Disney insiders worry about the impact of a second Trump term on the company amid culture wars. Disney CEO Bob Iger and Donald Trump publicly sparred during Trump's first presidential term. During Trump's first term, Iger seemed to publicly align with his opposition. One person close to Disney speculated about whether the political climate would lead news outlets such as Disney's to self-censor. "The risk to these guys is, they have to tone down the rhetoric," the person close to Disney said.
Persons: Bob Iger, Donald Trump, Trump's, Iger, Trump, Harris, Puck, Elon Musk, Nelson Peltz, Dana Walden, Kamala Harris, Disney, I'm, irking Trump, Walden's Harris, He's Organizations: Disney, Trump, Business, ABC, Elon, CNBC, New York Post, ABC News, Warner Bros, Hulu, Sinclair Locations: Hollywood, Iger, Paris, Fox
Disney stock surges on streaming growth, guidance
  + stars: | 2024-11-14 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +6 min
Disney | PixarDisney reported its fiscal fourth-quarter earnings Thursday, narrowly beating analyst estimates as streaming growth helped propel its entertainment segment. During Disney's fiscal 2025, the company expects high-single-digit adjusted earnings growth compared with the prior fiscal year. Disney anticipates double-digit percentage growth in operating income for its entertainment segment for fiscal 2025. Streaming stridesThe atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. During the fiscal fourth quarter Disney's streaming entertainment ad revenue was up 14% due to Disney+, and executives expect it to be a driver of streaming revenue going forward.
Persons: , Bob Iger, who's, they're, Hugh Johnston, Disney, Presley Ann, Walt Disney Organizations: Disney, Pixar Disney, Revenue, Warner Bros, Getty, Hulu, ESPN, Discovery, Netflix, Comcast, Paramount Global, " Media, U.S, Walt Locations: Los Angeles, India
Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. Max now has 110.5 million subscribers as of Sept. 30. Warner Bros. Adjusted EBITDA for the segment was $289 million, an increase of $178 million compared to last year.
Persons: Max, Barbie Organizations: Warner Bros, Discovery
Discovery says it will beef up ads on its Max streaming service. Max added 7.2 million subscribers in its third quarter, reaching 110.5 million total subscribers. Discovery's Max streaming service. The newest player in streaming ads, Amazon, recently said it would increase its ad load in Prime Video after rolling out ads to the service in January. Rival Netflix, by comparison, added 5.1 million subscriptions in its most recent quarter and now has 282.7 million subscribers in total.
Persons: Max, , WBD, JB Perrette, Perrette, Jennifer Halloran Max, we're, David Zaslav, Jon Steinlauf, who's Organizations: Warner Bros, Service, Boston Red Sox, HBO, Media, DC, Paramount, Pluto, Nielsen, Netflix Locations: Max
Multiple outlets reported, citing unnamed sources, that a "Game of Thrones" movie is in the works. Warner Bros. Martin first suggested a "Game of Thrones" movie to tie up the franchise in a 2014 interview with The Hollywood Reporter. They grossed $1.8 million at the box office, according to Box Office Mojo. Warner Bros. PicturesA "Harry Potter" TV series reboot was announced last year after the box office failure of the "Fantastic Beasts" spin-off series.
Persons: , aren't, George R.R, Martin, David Benioff, Weiss, Arya Stark, Maisie Williams, Bran Stark, Isaac Hempstead Wright, Sansa Stark, Sophie Turner, HBO Matthias Frey, Shawn Robbins, Robbins, Max, Frey, David Zaslav, Harry Potter, Denis Villeneuve's, Matt Reeves, " Frey Organizations: HBO, Warner Bros, Service, Hollywood, Discovery, Business, Wall Street, Department of Media, Creative Industries, City , University of London, Thrones, Office, Warner Bros ., HBO Warner Bros, Variety
TNT Sports to air new women's basketball league Unrivaled
  + stars: | 2024-10-16 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +4 min
Unrivaled, the new and upcoming pro women's basketball league, signed an exclusive, multiyear media rights deal to air its games on TNT and truTV, as well as streaming platform Max. The heightened interest in the WNBA led to the league's most recent media rights deal being valued at $2.2 billion for 11 seasons, CNBC previously reported. The WNBA's media rights deal is negotiated as part of the NBA's agreement. The media rights deal with Unrivaled gives Turner Sports the opportunity to keep basketball on its air if it is not successful in its lawsuit. Star broadcaster and NBA Hall of Famer Charles Barkley recently said he wouldn't leave TNT Sports even if the company doesn't have NBA media rights in the future.
Persons: Napheesa Collier, Breanna Stewart, Caitlin Clark, Angel Reese —, Collier, Stewart, Reese, Alex Bazzell, Comcast's NBCUniversal, Discovery's Turner, NBA Hall of Famer Charles Barkley, Barkley, spokespeople, Turner Organizations: Minnesota Lynx, New York Liberty, Barclays Center, Warner Bros, TNT Sports, women's, TNT, WNBA, CNBC, ESPN, Comcast's, Discovery's Turner Sports, Discovery, NBA, Turner Sports, Mediapro North, Star, NBA Hall of Famer, Major League Baseball, National Hockey League Locations: Brooklyn , New York, U.S, Mediapro North America
Uber CEO Dara Khosrowshahi told the Financial Times that competing with Elon Musk is not easy. He said he would "love" to get Tesla's robotaxis on the Uber platform when it's ready to roll out. AdvertisementUber CEO Dara Khosrowshahi says going head-to-head with Elon Musk can be tough — so he's open to partnering with him. "Obviously, competing with Elon Musk is no easy matter, and we take nothing for granted; we really want to partner with the autonomous industry," he told the FT in an interview that aired Tuesday. Uber and Tesla didn't immediately respond to requests for comment from Business Insider, made outside normal working hours.
Persons: Dara Khosrowshahi, Elon Musk, , Khosrowshahi, Tesla, Uber, Musk, hasn't Organizations: Financial Times, Elon, Service, Tesla, Warner Bros, Business Locations: Burbank , California
Insider Today: Robotaxi reality check
  + stars: | 2024-10-13 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
On the agenda today:But first: Elon Musk's robotaxi got lost on the way to Wall Street. This week's dispatchTesla's upcoming Robotaxi TeslaRobotaxi dreams meet Wall Street realityElon Musk unveiled Tesla's robotaxi, along with a robovan and updates to its humanoid robot, at a flashy event in Los Angeles this week. Wall Street wasn't buying it. AdvertisementIt's tough to bet against Elon Musk, as many on Wall Street have discovered. Wall Street is taking note, and Amazon could soon face pressure to return some of its cash with buybacks or dividends.
Persons: , Microsoft's, Elon Musk's robotaxi, Tesla, Elon Musk, Musk, Alyssa Powell, Anand Selva, He's, who've, Selva, Chelsea Jia Feng, that's, Natalie Ammari, Vishal Persaud, SunPower, it's, Ibrahim Rashid Organizations: Business, Service, Warner Bros, Detroit, Elon, Citi Citi Bank, Getty, Citi, Big, Microsoft Locations: Los Angeles, Burbank, America
Tesla's robotaxi will almost certainly face safety and regulatory questions before it comes to market. Waymo and Cruise have also encountered regulatory challenges with their autonomous vehicles. It has a permit to test autonomous vehicles with a driver on public roads in the state. "It's a problem of their own making," Phil Koopman, a professor at Carnegie Mellon University and an expert in autonomous vehicle safety, told Business Insider. A Waymo autonomous self-driving electric vehicle.
Persons: Tesla's, Cruise, , Tesla, Elon Musk, You'll, Sjoerd van, Waymo, Phil Koopman, Koopman, PATRICK T, FALLON, Uber, Kyle Vogt Organizations: Service, Warner Bros, Wal, Getty, California Department of Motor Vehicles, Carnegie Mellon University, NHTSA, Cruise Locations: Burbank , California, California
Elon Musk just unveiled Tesla's Robotaxi at the company's "We, Robot" event in Los Angeles. Elon Musk showed off Tesla's upcoming driverless taxi at its "We, Robot" on Thursday evening. Musk walked into the event and entered a sleek-looking silver Robotaxi, a two-door vehicle that opened upward with butterfly-style doors. The unveiling of Tesla's latest vehicle is a major milestone for the company and has been highly anticipated for years. In 2016, Musk said during a press call that a Tesla vehicle would autonomously drive from Los Angeles to New York City by 2017.
Persons: Elon Musk, , Robotaxi, Tesla, Musk, Optimus, Uber Organizations: Service, Warner Bros, Elon, Twitter, Traffic, Administration Locations: Los Angeles, Burbank , California, California, Texas, York, New York City
Waymo's ex-CEO said Tesla isn't "serious about building a safe and accessible Robotaxi business." AdvertisementIt seems former Waymo CEO John Krafcik was unimpressed by Tesla CEO Elon Musk's much-hyped "We, Robot" event. Alongside the Robotaxi, Tesla also showed off a 20-passenger Robovan and its Optimus humanoid robots. He added: "If a company were serious about building a safe and accessible Robotaxi business, it would look nothing like what was shown, or said, last night." AdvertisementMusk teased Tesla Robotaxis in 2019.
Persons: Tesla, Waymo's, Elon, , John Krafcik, Elon Musk's, Musk, Krafcik, Tesla's Robovan, Donald Trump, Phil Koopman, Horacio Villalobos, Morgan Stanley, Gene Munster Organizations: Service, Warner Bros, Fifth, Business, Deepwater Asset Management Locations: Burbank , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla CEO Elon Musk on the Cybercab: You will be able to buy one for below $30,000Tesla hosts its 'We, Robot' event on Thursday at Warner Bros. Discovery's movie studio in Burbank, California. Elon Musk revealed details of its autonomous Cybercab, saying it will cost less than $30,000. He expects the Cybercab to be in production in 2026 and that Tesla will make the vehicle in "very high volume."
Persons: Elon Musk, Tesla Organizations: Warner Bros Locations: Burbank , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla CEO Elon Musk on Optimus robot: This will be the biggest product ever of any kindTesla hosts its 'We, Robot' event on Thursday at Warner Bros. Discovery's movie studio in Burbank, California. Elon Musk said the company has made a lot of progress on its Optimus robot and that it will eventually cost between $20,000 and $30,000. He said it will be able to "be a teacher, babysit your kids, walk your dog, mow your lawn, get the groceries...Whatever you can think of it will do." The robots walked among the crowd at the event.
Persons: Elon Musk Organizations: Warner Bros Locations: Burbank , California
Watch Elon Musk unveil Tesla's Robovan
  + stars: | 2024-10-10 | 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 EmailWatch Elon Musk unveil Tesla's RobovanTesla hosts its 'We, Robot' event on Thursday at Warner Bros. Discovery's movie studio in Burbank, California. Elon Musk unveiled an autonomous Tesla Robovan that will be able to transport up to 20 people at a time. "We're going to make this, and it's going to look like that," he said.
Persons: Email Watch Elon, Tesla, Elon Musk Organizations: Email Watch, Warner Bros Locations: Burbank , California
Elon Musk unveils the "Cybercab" at Tesla robotaxi event
  + stars: | 2024-10-10 | 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 EmailElon Musk unveils the "Cybercab" at Tesla robotaxi eventTesla hosts its 'We, Robot' event on Thursday at Warner Bros. Discovery's movie studio in Burbank, California. Elon Musk rolled up to the stage in what he said was a "Cybercab" with no steering wheel or pedals. Tesla has produced 21 of these vehicles, he said, characterizing them as "fully autonomous."
Persons: Elon Musk, Tesla Organizations: Warner Bros, Elon Locations: Burbank , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla CEO Elon Musk: The robotaxi has no plug, it just goes over the inductive charger and chargesTesla hosts its 'We, Robot' event on Thursday at Warner Bros. Discovery's movie studio in Burbank, California. He describes some details of the newly unveiled "Cybercab" at the event including inductive charging.
Persons: Elon Musk, Tesla Organizations: Warner Bros Locations: Burbank , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla CEO Elon Musk reveals details and timing of Cybercab productionTesla hosts its 'We, Robot' event on Thursday at Warner Bros. Discovery's movie studio in Burbank, California. Tesla CEO Elon Musk said the Cybercab will go into production in 2026 and will cost less than $30,000.
Persons: Elon Musk Organizations: Warner Bros Locations: Burbank , California
Tesla is about to unveil its Robotaxi, the self-driving car Elon Musk has talked about for years. Tesla will host its long-awaited Robotaxi event on Thursday, where the company is set to unveil the self-driving car Musk has teased for years. Tesla shares slumped earlier this year after Musk moved the Robotaxi event from August to October, which fueled concerns about the new technology. Tesla is hosting the Robotaxi event at Warner Bros. That venue may be able to demo the self-driving car with a Hollywood polish, analysts have said.
Persons: Tesla, Elon Musk, , Elon, Jay Woods, They've, Woods, Musk, UBS Tesla, Wedbush, Garrett Nelson, Nelson, CFRA Organizations: Service, Freedom Capital, Schwab Network, UBS, Warner Bros, Bloomberg, Truist Securities Truist Securities, Optimus, Wedbush, Tesla, CFRA Research Locations: Hollywood
Sesame Workshop's chief marketer, Samantha Maltin, is leaving the company. Maltin's exit follows Sesame Workshop's CEO change and upcoming "Sesame Street" revamp. Sesame Workshop is in the midst of negotiations with distributors for the show. With beloved IP that appeals to multiple generations, "Sesame Street" could be attractive to other streamers eager for tried-and-true content. AdvertisementShe also helped create a "Sesame Street" brand image celebrating its 50th anniversary.
Persons: Sesame, Samantha Maltin, Max, , Maltin, Jude, Maltin didn't, HBO Max Organizations: Service, Business, Sesame, Warner Bros, HBO, Netflix, PBS, YouTube, Networks, Nickelodeon, Viacom Locations: Memphis , Tennessee, Sherrie, Schireson
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