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Here's what may be behind the move as Bob Iger looks to solidify his legacy. Disney's head-turning decision to share three years' worth of earnings guidance is a fascinating strategic move — and may be part of a bigger play from legacy-minded CEO Bob Iger. The Mouse House pleased analysts this week with its quarterly earnings report, as operating income rose 23% while revenue advanced by 6%. AdvertisementBob-ing and weavingDisney's earnings report and presentation were littered with comparisons to two years ago, which seems deliberate — if subtle. Advertisement"I would guess Bob Iger is feeling the pressure to demonstrate that he has set the company back on the right track," Nollen said.
Persons: Bob Iger, Tim Nollen, Robert Fishman, Iger, Bob, Bob Chapek, , Chapek, what's, Nollen, it's Organizations: Disney, ESPN, Macquarie, Business, MoffettNathanson
That means that after the 2029 Super Bowl, the NFL has the right to completely rejigger the media landscape, if it so chooses. NFL games last year were 93 of the top 100 most-watched TV broadcasts. But I also know that some legacy media executives are already thinking about 2029 and brainstorming internally about how they can afford to compete against the tech giants for NFL games. The NBA, in its most recent rights deal, only wanted three media packages to help with consumer confusion and subscription fatigue. Given how popular NFL games are versus everything else on TV, the architecture of the NFL rights is the single biggest decision in the American media industry.
Persons: NBCUniversal’s Peacock, HBO Max, hadn’t, it’s, It’s, , , MoffettNathanson’s Robert Fishman Organizations: Disney, YouTube, NFL, Paramount, HBO, CNBC, Netflix, Google, Apple, CBS, Fox, NBC, Bengals, Chiefs, Amazon, NBA, Amazon Prime Locations: U.S
We can't stress this enough — increasingly, the chief reason for some TV networks to exist is to transmit NFL games. And at Fox, NFL games and "shoulder programming" accounted for an astonishing 63% of the time viewers spent with the network. MoffettNathansonBut those trends should still worry both the NFL and the TV networks that pay it many billions of dollars every year. But to state the obvious: TV networks pay the NFL many billions of dollars because the NFL delivers TV eyeballs, not because it delivers Instagram eyeballs. And if younger viewers are starting to tune out of the NFL — again, like they have tuned out of everything else on TV — that's going to be a problem for the league and the TV guys.
Persons: , Robert Fishman, Per Fishman, NFL — Organizations: Service, NFL, Kansas City, Baltimore, Business, MoffettNathanson, CBS, Fox
Discovery CEO David Zaslav needs a win. Since merging Discovery with WarnerMedia in 2022 and immediately slashing billions in costs, Zaslav has struggled to convince shareholders that his company is a worthy investment. Warner Bros. Discovery shares have fallen about 70% since April 8, 2022, the day the merger closed. Making matters worse for him, Zaslav has long been one of the highest paid CEOs in the country.
Persons: David Zaslav, Zaslav, Chris Licht, John Malone, That's, WarnerMedia, Robert Fishman Organizations: Warner Bros, Discovery, CNN, Boston, NBA, Warner Bros . Discovery Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe linear TV advertising market is not coming back, analyst saysRobert Fishman, senior research analyst at MoffettNathanson, says "in fact, this is not just a cyclical decline, it's actually a secular decline."
Persons: Robert Fishman
Media entrepreneur Byron Allen says he wants to buy Paramount for $14.3 billion. Who wants to buy a big TV company these days, anyway? But investors still think it's worth less than $10 billion — meaning they don't think Allen Media is really going to end up owning Paramount. AdvertisementOne answer may simply be skepticism about Allen Media Group and its owner, TV personality-turned-entrepreneur Byron Allen. But no one, to date, has suggested that Paramount is worth anything close to $14 billion.
Persons: Byron Allen, , Allen Media Group didn't, David Zaslav, Bob Bakish, It's, Robert Fishman dryly, Shari Redstone, David Ellison, who's, Larry Ellison, Allen Organizations: Paramount, Service, Allen Media Group, CBS, MTV, Comedy Central, Allen Media, Weather Channel, ABC, BET, Denver Broncos, Bloomberg, Street Journal, Comcast, Warner Bros Discovery, Apple, Netflix, Biden, Viacom
Build in the Suburbs, Solve the Housing Crisis
  + stars: | 2023-05-12 | by ( Ginia Bellafante | ) www.nytimes.com   time to read: +2 min
Unlike the Levittowns of 1957, these early suburbs were not as homogeneous, because the wealthy people who lived there were so reliant on domestic labor. The more vaporous claim that density threatens a certain “way of life” requires us to ask: What way? In 1960, during the high period of the ranch house, 44 percent of American households were made up of married couples with children. During the same period, the proportion of households containing only a single individual more than doubled, to 28 percent. In 2010, the population of Nassau County was 66 percent white; now it is 57 percent white.
MoffettNathanson analyst Robert Fishman crystallized the daunting task ahead for Zaslav and WBD in his August 5 report "Reality First. The honeymoon was short-lived," said one senior Hollywood insider. It turns out there are five, housing some 40,000 employees globally: Warner Bros., HBO Max, the Turner entertainment channel business, CNN, and Discovery. The WBD insider said there isn't a rush to hire a new chief and that the company will continue to meet people. Under the ownership of AT&T, WarnerMedia's financials were buried in its parent's spreadsheets — now as a pure-play entertainment company, Warner Bros.
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