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☆ Georgia tops college football AP preseason poll for second year in a row
▼ + stars: | 2024-08-13 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

1 college football team in the annual Associated Press preseason Top 25 poll for the second season running. Georgia received 46 of 62 first-place votes and 1,532 points to comfortably top the poll ahead of the Ohio State Buckeyes, who received 15 first-place votes. 1 for the entirety of the regular season, before being defeated by Alabama in the Southeastern Conference (SEC) championship game. Brett Patzke/USA TODAY Sports/ReutersThe AP poll also tells the story of wider conference realignment in college sports. 4 Texas joins Georgia in the SEC for this season, while Oregon is now a Big Ten member alongside Ohio State.

Persons: Carson Beck, Mykel Williams, Smael Mondon, Malaki Starks, Kirby Smart, Smart, Brett Patzke, Jim Harbaugh, JJ McCarthy –, Nick Saban, Kalen DeBoer, Michael Penix Jr, Rome Odunze, Ole Organizations: CNN, Georgia Bulldogs, Associated Press, Georgia, Ohio State Buckeyes, Oregon Ducks, Bulldogs, Florida State, Orange, Alabama, Southeastern Conference, SEC, year’s College Football, Big, Ohio State, Notre Dame, Michigan, Los Angeles Chargers, Saban, NFL, Rome, . Oregon, Texas, Ole Miss, Penn, Florida, . Missouri, Utah, LSU, Clemson, Tennessee, Oklahoma, . Oklahoma, Kansas State, Miami, Arizona, . Kansas, USC, North Carolina State Locations: Georgia, Texas, Oregon, Florida, Washington, Alabama, ., Iowa

☆ DirecTV is pushing its pay TV bundle — without a satellite dish
▼ + stars: | 2024-08-12 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +7 min

The "For the Birds" ad campaign for DirecTV emphasizes customers don't need a satellite dish anymore for service. Courtesy: DirecTVCoach Prime wants consumers to know they can watch DirecTV without a satellite dish. As pay TV distributors — both satellite and cable companies — have seen customers flee for streaming, DirecTV is trying to get the message out that a clunky satellite dish is no longer needed for its service. Satellite TV providers like DirecTV and EchoStar's Dish were once some of the biggest distributors of the TV bundle. Sticking with sportsThe "For the Birds" ad campaign for DirecTV emphasizes customers don't need a satellite dish anymore for service.

Persons: Deion Sanders, Steve Buscemi, Henry Winkler, Vince Torres, it's, Torres, Shedeur Sanders, —, Winkler's Frank, Bobby, Buscemi, There's, Sanders, Tinker Bell, Cord, Pavlo Gonchar, Craig Moffett, what's, Moffett, DirecTV's Organizations: DirecTV, NFL, Colorado, Colorado Buffaloes, Nebraska Cornhuskers, Folsom, NBA, NHL, NCAA's Colorado Buffaloes, Lightrocket, Satellite, TPG, AT, Hulu, Sling, YouTube, Netflix, Comcast, Charter Communications Locations: Colorado, Boulder ,, New York City

☆ Charles Barkley cancels his retirement plans, says he’ll stay with TNT Sports for long term
▼ + stars: | 2024-08-06 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

New York CNN —Charles Barkley isn’t ready to retire just yet. TNT Sports and the NBA hall of famer announced Tuesday that they had reaffirmed a long-term commitment as the network’s parent company, Warner Bros. My heart is full with joy and gratitude.”But in a statement Tuesday, Barkley walked back his retirement plans, saying he would continue working with TNT Sports for the remainder of his 10-year contract. WBD is the parent company of TNT and CNN. While WBD takes the NBA to court over its broadcast rights, the company has been working to strengthen its live sports portfolio.

Persons: Charles Barkley isn’t, Barkley, ”, ” Barkley, “, I’ve, “ I’m, ” Luis Silberwasser, Charles ’, Roland, Charles, Barkley —, Ernie Johnson, Kenny Smith, Shaquille O’Neal —, WBD, NBCUniversal Organizations: New, New York CNN, TNT Sports, NBA, famer, Warner Bros, TNT, College Football, Garros, NASCAR, BIG EAST, Mountain, CNN, Disney, French, ESPN, Football Locations: New York, Mountain West

☆ Charles Barkley commits to staying at Warner Bros. Discovery's TNT Sports no matter what happens to NBA
▼ + stars: | 2024-08-06 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

The star broadcaster and National Basketball Association Hall of Famer said Tuesday that he plans to stay with Warner Bros. Discovery 's TNT Sports even if the company doesn't emerge with NBA media rights. Warner Bros. Warner Bros. Barkley's commitment to TNT Sports likely closes the door on recreating "Inside the NBA" for another network if Warner Bros.

Persons: Charles Barkley, David Dow, Charles Barkley isn't, he's, Barkley, I've, Charles, Luis Silberwasser, Dan Patrick Show Organizations: NBA TNT, New York Knicks, Cleveland Cavaliers, Quicken Loans, Getty, TNT Sports, National Basketball Association Hall of Famer, Warner Bros, TNT, NBA, Warner Bros . Discovery, Amazon Prime, Max, Major League Baseball, NCAA, National Hockey League, United States Soccer Federation, NASCAR, Big East Locations: Cleveland , Ohio

☆ An Olympian couldn’t pay her rent. Flavor Flav and Alexis Ohanian stepped in to help
▼ + stars: | 2024-08-02 | by ( Scottie Andrew | ) edition.cnn.com time to read: +5 min

“I compete in the Olympic Games TOMORROW and can’t even pay my rent,” she wrote on X, punctuating with an emoji wearing an incredulous expression. Enter Flavor Flav, the “hype man” of the US water polo teams, and Reddit founder Alexis Ohanian. The men, who’ve been cheering on Team USA at the Paris Olympics all week, banded together to not only pay Fraley’s rent for the month but cover her rent for the rest of 2024. Karwai Tang/WireImage/Getty ImagesFlav has been one of the most consistent and vocal supporters of women athletes at the Paris Olympics. Now, he sponsors both the US men’s and women’s water polo teams.

Persons: doesn’t, Veronica Fraley, “, ”, Flav, Alexis Ohanian, who’ve, “ I’m, ” Flav, “ haven’t, Vanderbilt doesn’t, —, Deepbluemedia, Ohanian, Fraley, Serena Williams, Olympia, Karwai Tang, aren’t, ” Ohanian, He’s, he’d Organizations: CNN, Team USA, USA, Paris Olympics, Vanderbilt University, Vanderbilt Commodores, CBS, Italy, Mondadori, Public, WORLD, NCAA, Olympic Games, US, Olympic, Angel City FC, Los Angeles, Olympics Locations: Paris, Los

☆ Venu, a $42.99 per month sports streamer, has a tough marketing challenge to find an audience
▼ + stars: | 2024-08-01 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Call Don Draper, Venu Sports may have a marketing problemThe Disney , Fox and Warner Bros. Discovery jointly-owned streaming service said Thursday it will launch this fall at $42.99 per month. That's much more expensive than Netflix , Max, Peacock or any other major subscription streaming service. Venu will give consumers access to a bundle of networks: ESPN, ESPN2, ESPNU, SECN, ACCN, ESPNEWS, ABC, Fox, FS1, FS2, BTN, TNT, TBS, and truTV. They could also get a digital antenna to pair with Venu, but antenna uptake among younger viewers may be a tad oxymoronic.

Persons: Don Draper, Venu, Max, Peacock, haven't, Kantar, CBS —, — Organizations: Disney, Fox, Warner Bros . Discovery, Netflix, ESPN, ESPN2, ABC, TNT, TBS, truTV, CBS, NBC, NFL, YouTube, Paramount

☆ Sports streaming venture Venu priced at $42.99 a month
▼ + stars: | 2024-08-01 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

Venu Sports, the sports streaming joint venture between Disney's ESPN, Warner Bros. The high-end pricing — common in direct-to-consumer sports streaming services — was expected in part so it wouldn't shake up any carriage agreements with traditional pay TV distributors. Live sports remain the highest rated TV programming and are the most costly part of the pay TV bundle. Users who sign up for Venu at $42.99 a month will have access to that entry pricing for 12 months, Venu noted Thursday — signaling there could be price increases ahead. The upcoming bundle will be priced at $16.99 a month with ads, and $29.99 a month ad-free.

Persons: Venu Sports, Venu, Pete Distad, Distad Organizations: NFL, ESPN, Chicago Bears, Minnesota Vikings, Soldier, Disney's ESPN, Warner Bros . Discovery, Fox Corp, Venu Sports, Fox, Sunday NFL, Monday, Football, CNBC, Apple, Hulu, NBA, NHL, MLB, ABC, TNT, TBS, Disney, Warner Bros, Max Locations: Chicago, U.S

☆ Jim Cramer recommends three media stocks that could do well in the run-up to the election
▼ + stars: | 2024-07-31 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Wednesday pointed to three media stocks poised to do well in what now promises to be a tight presidential race: Fox , The New York Times and Nexstar . Cramer also recommended The New York Times, saying a close election or a win by Donald Trump would boost the stock. Shares of the media company rallied more than 338% from Election Day in 2016 to President Joe Biden's inauguration in 2021, according to FactSet. Nexstar could also benefit from a close election, Cramer said, but with the caveat that the company is "more of a trade than an investment." To Cramer, the company is small enough that the "influx of ad dollars has the potential to move the needle."

Persons: CNBC's Jim Cramer, Cramer, Donald Trump, Joe Biden's, we've, Wall Organizations: The New York Times, Nexstar, NFL, Fox News, New York Times, Times, FactSet

☆ Early West Nile Virus activity in the United States may point to a once-in-a-decade spike infections. Here’s what survivors want you to know.
▼ + stars: | 2024-07-27 | by ( Brenda Goodman | ) edition.cnn.com time to read: +21 min

Jule Hamrick spent years in physical therapy to learn how to walk again after a West Nile Virus infection. “So kind of like what you see with long Covid, we’ve seen that with West Nile as well, where you can get this ‘long West Nile’ kind of picture.”Watching West Nile patients struggle to recover from their infections made Murray wonder what would become of survivors over time. Brittany Yeager recently returned to the Girl Scout Camp in Idaho where she caught the West Nile virus. She went to two hospitals before a doctor tested her spinal fluid and discovered that she had West Nile virus. The CDC keeps maps of where West Nile cases have been detected in the United States.

Persons: Brittany Yeager, Yeager, Charlie, Streby, “, ”, Kisstina Streby, John Brittingham, he’s, Jule Hamrick, welt, ” Yeager, Brittingham, Jule Hamrick “, Ben Beard, Emma Underwood, –, Kristy Murray, Atlanta . Murray, they’ve, ” Murray, Murray, Max Vigilant, we’ve, she’s, Erin Staples, ” Staples, Staples, haven’t, “ It’s, Charlie Yeager Yeager, Heather, ” Heather, Heather Brittingham John, John, backslide, she’d, ” Jule Hamrick, Hamrick, She’s, don’t, It’s, ” Hamrick Organizations: CNN, Girl Scout, US Centers for Disease Control, Prevention’s, Vector, University of South, Emory University, Houston, Harris County Public Health, West, US Food and Drug Administration, New England, of Medicine, CDC, Vaccine, “ Locations: Idaho, Santa Fe , New Mexico, Roswell , Georgia, University of South Florida, Tampa, Hillsborough County , Florida, West, Atlanta ., New York City, Nile, Harris County, Tex, Texas, West Nile, Kennewick , Washington, CDC’s, United States, Santa Fe, Santa, Albuquerque, Chicago, Houston

☆ WBD is suing the NBA so it can stay in business with the NBA. Yikes.
▼ + stars: | 2024-07-26 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Discovery boss David Zaslav told investors he'd be ok without NBA games, which his TNT network had been airing for decades. You can read an excellent blow-by-blow of WBD's failed negotiations with the NBA from John Ourand at Puck. One is that WBD somehow wins its suit and ends up forcing the NBA to give it games it would prefer to sell somewhere else. And then there are two other possibilities: One is that WBD doesn't get the games, but extracts some kind of settlement from the NBA for supposedly breaching a contract.

Persons: —, David Zaslav, He's, it's, they've, WBD's, John Ourand, WBD, who's, doesn't, Fox — Organizations: Service, Warner Bros, NBA, TNT, Disney, Comcast, Business, HBO, WBD, Fox, Advertisement College, NFL Locations: Puck

☆ I'm an American mom who raised my kids in Spain. They considered going to the US for college but changed their minds.
▼ + stars: | 2024-07-23 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

But the more we compared the European college experience to that of the US, the more we were drawn to Europe. Going to college in Europe, however, would allow him to meet people of different backgrounds. After taking a gap year in 2021, Gavin decided to pursue a degree in Culinary Entrepreneurship at Technological University Dublin in Ireland. AdvertisementAs a Wyoming resident, Gavin would have paid $5,190 for tuition at the University of Wyoming, excluding other costs. However, he considered the University of New Hampshire, where tuition costs $36,170 yearly for out-of-state students, excluding housing and other fees.

Persons: —, Jackie Baxa, Gavin, Baxa, Kaden, he's, we've, It's, He's, We've, Erin, eliam@businessinsider.com Organizations: Service, Business, Entrepreneurship, Technological University, European Union, Technological University of Dublin, Housing, University of Wyoming, University of New Locations: Spain, Seville, Europe, Jackson Hole , Wyoming, Technological University Dublin, Ireland, Dublin, Milan, Amsterdam, Wyoming, University of New Hampshire

☆ Warner Bros. Discovery notifies NBA it will match Amazon’s $1.8 billion offer to carry league games
▼ + stars: | 2024-07-22 | by ( Liam Reilly | ) edition.cnn.com time to read: +5 min

A person familiar with the matter confirmed WBD’s matching offer Monday was for Amazon’s bid, which includes regular season and playoff games. It’s unclear if the NBA will accept or reject WBD’s offer, which the league intended for a streaming partner. The showdown over the NBA rights comes as legacy media companies struggle to retain audiences, with viewers opting to leave cable bundles behind in favor of cheaper, on-demand content. The cable channel TNT has built a programming slate around the NBA games, most notably the highly rated “Inside the NBA” show featuring Barkley, Ernie Johnson, Kenny Smith and Shaquille O’Neal. Asked last week about the fate of WBD’s broadcast rights, NBA Commissioner Adam Silver told reporters, “I don’t know yet.”“Much of it is outside my control,” he added.

Persons: ’ signoff, WBD, “ We’ve, ”, Turner Sports ’, Charles Barkley, ” Barkley, “, I’m, Barkley, Ernie Johnson, Kenny Smith, Shaquille O’Neal, Adam Silver Organizations: New, New York CNN, Warner Bros, Discovery, TNT Sports, NBA, Disney, NBC, Amazon Prime, NBA’s, Governors, TNT, Amazon, Turner Sports, ESPN, Football, Netflix, NCAA, MLB, NHL, NASCAR Locations: New York

☆ EA college football is back after over a decade. The game and its fans are a lot different now
▼ + stars: | 2024-07-20 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

Courtesy: EA SportsThe 2024 football season officially starts this weekend for many fans, as Electronic Arts rolls out a long-awaited revamp of its college football game. A new eraThe college football game, previously titled NCAA Football, was typically a smaller product for EA, at least compared to titles like Madden. Beyond the gameplay, the changes to the video game also reflect some massive shifts in college football itself, including the advent of the College Football Playoff. A decade ago, college football players had strict restrictions around making money outside of their scholarship. EA Sports College Football 25.

Persons: they've, Anthony Bencomo, Bencomo, Bill Long, Long, Eric Handler, Roth, Madden, Lucas Dolengowski, Dolengowski, Sports Bencomo, I've adulted Organizations: EA, EA Sports College Football, Electronic, XBox, PlayStation, Football, eBay, Sports, College Football, Sports What's Locations: Orlando, Sacramento, Madison , Alabama

☆ Jim Cramer says buy the plunge in Macy's — plus his thoughts on 4 more stocks
▼ + stars: | 2024-07-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +1 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Macy's : Shares tumbled 13% after the retailer announced it was ending buyout talks with an activist investor group. "This is a good chance to buy Macy's," said Jim, who has generally been positive on CEO Tony Spring's turnaround plan. Cleveland-Cliffs : Shares were roughly flat after the company announced a deal to buy Canadian steelmaker Stelco for $2.8 billion. Jim noted that Cleveland-Cliffs says the acquisition is immediately additive to earnings per share, "which means buy it."

Persons: Jim Cramer's, Goldman Sachs, —, Jim Cramer, Jim, Tony Spring's, there's Organizations: CNBC, Club, Nasdaq, Nvidia, Electronic Arts, Citigroup, AMD Locations: Cleveland

☆ To Bring Back a College Football Video Game, It Took 11,000 Paydays
▼ + stars: | 2024-07-15 | by ( Matt Stevens | ) www.nytimes.com time to read: 1 min

Quinn Ewers is among the legions of sports fans who will rejoice over a subtle change when the first new college football video game in more than a decade debuts this week. Ewers will be able to play as himself rather than as an unnamed 6-foot-2-inch athlete with strikingly similar features who also wears a No. A primary reason many fans buy a new version of the same sports video game every year is to play with updated team rosters, ones filled with offseason acquisitions and unbridled optimism. But to comply with amateurism rules, college sports titles like the popular N.C.A.A. Football franchise long had to fill those rosters with thinly veiled stand-ins.

Persons: Quinn Ewers, ”, Ewers Organizations: Longhorns, University of Texas, Football

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Microsoft, Amazon, Advanced Micro Devices and more
▼ + stars: | 2024-07-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Apple as overweight Morgan Stanley raised its price target on the iPhone maker to $273 per share from $216. Morgan Stanley downgrades BP to equal weight from overweight Morgan Stanley downgraded the oil major due to "weak earnings." Morgan Stanley reiterates Microsoft as overweight Morgan Stanley said it has "increased clarity" on AI monetization. Citi names KLA Corp. a top pick Citi raised its price target on the semiconductor equipment maker to $980 from $760. Morgan Stanley downgrades Rocket Lab to equal weight from overweight Morgan Stanley said it sees a "limited catalyst path" for the space company.

Persons: Morgan Stanley, Apple, Morgan Stanley downgrades, TD Cowen, Teck, Baird, CARR, Zeta, John Donovan, AAPL, Wells, Tesla, underperform Wells, it's, Evercore, it's bullish, DDOG Organizations: Netflix, Nvidia, Devices, AMD, Citi, Electronic Arts, College Football, BMO, Teck Resources, JPMorgan, Biosciences, Zeta Global, Citi downgrades Bank of New York Mellon, Bank, New York Mellon, Apple, IOL, Amazon, UW, CIO, Susquehanna, Caesars, MGM, PENN, Bank of America, KLA Corp, OW, Department of Defense Locations: 2H24, Dell, Teck, TSLA, Las Vegas

☆ There are plenty of benefits to having kids participate in sports, but we should also teach them that it's OK to stop
▼ + stars: | 2024-07-14 | by ( Soraya Chemaly | ) www.businessinsider.com time to read: +6 min

On October 29, 2022, the Michigan State Spartans, a college football team, played a game against the University of Michigan. Only two weeks before the game, media applauded the Spartans for "finally showing resilience" and breaking a four-game losing streak. Soraya Chemaly is the author of "The Resilience Myth: New Thinking on Grit, Strength, and Growth After Trauma." Courtesy of Soraya ChemalyKnowing when to stop is a good thingChildren who want to stop a sport or "give up" a pursuit often feel like failures. Excerpted from The Resilience Myth: New Thinking on Grit, Strength, and Growth After Trauma by Soraya Chemaly.

Persons: —, Soraya Chemaly, Angela Duckworth, Thelma Gibson Organizations: Service, Athletics, Sports, Business, Michigan State Spartans, University of Michigan, Spartans, Spartan, Michigan State, TED, Bahamian, Signal Publishers Locations: United States, Michigan

☆ Betting scandals have rocked sports this year. Here's why that could be a good thing.
▼ + stars: | 2024-06-21 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +10 min

While the expansion of legal sports betting has made gambling more accessible, it's also helped spot infractions like these. The MLB also said it was tipped off about Marcano's betting activity by a legal sports-betting operator, ESPN reported. "When you are operating in the dark, you have no idea what is actually happening — if refs are partaking in illegal betting or players are partaking in betting," Slane said. Many US states where sports betting is legal require gambling companies to work with a licensed independent integrity-monitoring service, like IC360 or Sportradar, to identify suspicious betting activity. They could be college football players betting on the NFL, or NFL players betting on games their teams weren't playing in.

Persons: —, Jontay Porter, Tucupita Marcano, Lucas Paqueta, he's, It's, Shohei Ohtani, it's, Sara Slane, Pete Rose, sportsbooks, Matt Holt, Porter, Holt, that's, Slane, They're, Jim Brown, bettors, Brown, Sportradar, they're, IC360 Organizations: Service, NBA, Toronto Raptors, Raptors, San Diego Padres, Premier League, Football Association, Business, University of Alabama, Dodgers, Sports, Major League Baseball, MLB, ESPN, IC360, Alabama baseball, Iowa State University, Leagues, North America, NFL Locations: Slane, Ohio, sportsbooks, North, Sportradar, Colorado

☆ 2024 has become the year of gambling scandals in the sports world. That could be a good thing.
▼ + stars: | 2024-06-21 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +10 min

While the expansion of legal sports betting has made gambling more accessible, it's also helped spot infractions like these. The MLB also said it was tipped off about Marcano's betting activity by a legal sports-betting operator, ESPN reported. There's little data available to show whether gambling violations like these occur more or less often in the age of legal gambling, in part because they weren't easily tracked before 2018. They could be college football players betting on the NFL, or NFL players betting on games their teams weren't playing in. As sports-betting continues to expand in more states and the industry evolves, there may be more gambling scandals to come.

☆ My parents attended Big Ten universities, but I chose a smaller, lesser-known one. They often chastised me for that choice.
▼ + stars: | 2024-06-21 | by ( Amy Abbott | ) www.businessinsider.com time to read: +5 min

I was not interested in my dad's college, Purdue, because it lacked a humanities focus. I asked to visit Ball State University in Muncie, Indiana, because I had heard good things about the midsize college. AdvertisementI was irritated and surprised but still wanted to visit Ball State. Ball State lacked the national ratings of the other schools but was renowned for several programs, including one that interested me. I fell in love with Ball StateI attended a summer high school journalism workshop at Ball State, which clinched the deal for me.

Persons: —, impatiently, Aren't, we've, Amy, David, Dorothy, Oz, Tom K, Ryan, Jim Davis, Garfield, I'm, I've Organizations: Service, Business, Purdue, Indiana University, Ball State University, Big Ten, Ball State, Ball, Indiana Locations: Minnesota, mater, Muncie , Indiana

☆ Hollywood is facing a dire threat: sports
▼ + stars: | 2024-06-18 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

AdvertisementSports media rights have never been more expensive, but media companies keep paying up. The number of TV shows across the industry has been declining since the 2022 end of the Peak TV era. Media companies have been aggressively pursuing other secondary sports to maintain their value to distributors and advertisers, as Warner Bros. All this has dire implications for entertainment budgets, which media companies have already been trimming after overspending to build streaming businesses. AdvertisementRelationships with the top people in sports will likely be a bigger factor in leadership at media companies moving forward.

Persons: —, Doug Shapiro, Shapiro, Seth Meyers, Spencer Wang, David Levy, — it's, Levy, it's, Jonathan Miller, WBD, Michael Kassan, Mark Lazarus, Media Group's, John Kosner, Ed Desser, Sports doesn't, David Zaslav, Alex Iosilevich Organizations: Service, NBA, Business, Turner Broadcasting, Apple, Google, Street Journal, NBC, ESPN, Amazon, Warner Bros, NFL, Comcast, Netflix, Nielsen, Turner Networks, Horizon, Entertainment, Marvel, Star, Integrated Media Co, Hollywood, Media, Warner Bros . Discovery, Sports, Cannes Lions, Turner, TNT, TBS, Premier League, WWE

☆ The cost of sports content is soaring — and it could mean big cuts in Hollywood budgets
▼ + stars: | 2024-06-18 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Read previewSports has increasingly become the star of the show for big TV companies, and its ascent is sending a shiver down Hollywood's spine. AdvertisementSports media rights have never been more expensive, but media companies keep paying up. The number of TV shows across the industry has been declining since the 2022 end of the Peak TV era. Media companies have been aggressively pursuing other secondary sports to maintain their value to distributors and advertisers, as Warner Bros. AdvertisementRelationships with the top people in sports will likely be a bigger factor in leadership at media companies moving forward.

☆ Steve Jobs built Apple using a simple piece of advice from his dad: ‘He loved doing things right’
▼ + stars: | 2024-06-16 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

Apple co-founder Steve Jobs' dad Paul taught him how to build a fence around their home in Mountain View, California. The process taught him how to be detail-oriented, a mindset he enforced at Apple, Jobs' biographer Walter Isaacson told CBS's "60 Minutes" in 2011. As Jobs told Isaacson, "He loved doing things right." At Apple, Jobs made sure every detail was of the highest quality, Isaacson wrote in the "Steve Jobs" biography. "Give every f---ing ounce of effort you can; to give the best performance you can give," Johnson wrote in a 2017 Instagram post.

Persons: Steve Jobs, Paul, Jobs, Walter Isaacson, CBS's, You've, Isaacson, Mark Cuban's, Norton, Cuban, wasn't, Dwayne, Johnson, Sara Blakely, Sara Blakely's, CNBC's, Blakely, Goofy, Marc Randolph, Randolph, Tony Hawk, Frank Organizations: Apple, Playboy, CNBC, Disney, Netflix, LinkedIn Locations: Mountain View , California, Pittsburgh, Cuban

The streaming giant has been reaching out to broadcasters this week in the hopes of finding a partner to produce the NFL games it will air on Christmas Day this year, according to people familiar with the matter. Netflix will show two games on Christmas Day this year, followed by at least one matchup in both 2025 and 2026, the company announced last month. Unlike WWE, Netflix's deal for Christmas NFL games doesn't come with a full production team. That's because Netflix could be auditioning as a future long-term media rights partner for NFL games in place of a legacy media company, such as Paramount, Fox or NBC. Representatives for Netflix, the NFL, NBCUniversal, CBS, ESPN and Fox declined to comment.

Persons: Brock Purdy, doesn't, That's, Comcast's NBCUniversal, There's, NBCUniversal Organizations: San Francisco 49ers, Kansas City Chiefs0, Netflix, WWE, NFL, ESPN, Paramount, CBS, Disney, Fox, CBS Sports, NBC Locations: Las Vegas , Nevada

☆ Warner Bros. Discovery strikes 10-year deal to broadcast the French Open in the U.S.
▼ + stars: | 2024-06-11 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

Warner Bros. The deal is set to make Warner Bros. Warner Bros. Discovery-owned Eurosport has been broadcasting the French Open to 55 countries outside the U.S. since 1989, according to a press release. Meanwhile, Warner Bros. With the hangover from the Hollywood writers' strike and cost-cutting measures across the industry, including at Warner Bros.

Persons: Spain's Rafael Nadal, Germany's Alexander Zverev, Philippe, Chatrier, Roland Garros, Roland, Garros, Luis Silberwasser, Comcast's, Venu, Disney's, NBCUniversal, — CNBC's Alex Sherman Organizations: Roland, Warner Bros, TNT Sports, Garros, French Tennis Federation, Discovery, Grand, Warner Bros ., Eurosport, TNT, TBS, Comcast's NBC, Tennis, Disney's ESPN, Fox, TruTV, National Hockey League, NASCAR, U.S, Soccer, College Football, ESPN, NBA, CNBC, Hollywood, Comcast Locations: Paris, U.S, NBCUniversal

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