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☆ Actor Jonathan Majors’ ex-girlfriend drops assault and defamation lawsuit against once-rising star
▼ + stars: | 2024-11-23 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

New York AP —Jonathan Majors ’ ex-girlfriend has dropped her assault and defamation lawsuit against the once-rising Hollywood star after reaching a settlement. Lawyers for Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court Thursday. The British dancer filed the suit months after Majors was convicted of misdemeanor assault and harassment in connection with an altercation in Manhattan. Majors and Jabbari had met in 2021 on the set of Marvel’s “Ant-Man and the Wasp: Quantumania” in which Majors played Kang and Jabbari served as a movement coach. The bodybuilder drama had garnered early Oscar buzz for Majors, but was dropped by its distributors following his conviction last December.

Persons: Jonathan Majors ’, Grace Jabbari, Jabbari’s, Brittany Henderson, didn’t, Jabbari, III, Majors, Kang the, Kang, ”, Meagan Good Organizations: York AP, Hollywood, Majors, ”, Marvel, Marvel Studios Locations: Manhattan, Los Angeles

☆ UFC boss Dana White says he is done with ‘disgusting’ politics after backing Trump
▼ + stars: | 2024-11-22 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

White also used his connections to leverage appearances for Trump on friendly, right-leaning podcasts with millions of young listeners. White was upfront about his motivation in connecting Trump with so-called manosphere or bro-casters, saying the move was intended to tap into young voters. “You’re getting conversations in these podcasts, and you yourself, as a young kid, get to really see who Donald Trump is,” White told The New Yorker. Still, even as the UFC boss backs away from future political campaigns, he remains firmly in Trump’s corner as he returns to the White House. “Donald Trump is tougher and more badass than anybody,” White told The New Yorker.

Persons: New York CNN — Dana White, Donald Trump, ” “, ” White, “, Trump’s, White, casters, Joe Rogan, ”, Rogan, Theo Von, Adin Ross, Andrew Schulz, Trump, “ Donald Trump Organizations: New, New York CNN, White House, Trump, Republican National Convention, Saturday’s UFC, Madison, UFC, Garden, CNN, Pew Research Center Locations: New York, Trump, Madison, West Palm Beach , Florida, Trump’s

☆ Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
▼ + stars: | 2024-11-20 | by ( Sarah Whitten | ) www.cnbc.com time to read: +10 min

Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially becoming the sixth ship in the company's lineup. The cruise ship Disney Treasure. A guest room on the Disney Treasure cruise ship. Worlds of Marvel, a restaurant on Disney's cruise ship Treasure that was inspired by the Marvel Cinematic Universe. Jumbeaux's Sweets, inspired by the ice cream parlor in Disney's "Zootopia," is a gelato and sweets shop on Disney's Treasure cruise ship.

Persons: Minnie, hadn't, Thomas Mazloum, Gavin Doyle, Doyle, —, Coco, Jumbeaux's Sweets, Jumbeaux's, I've, we've, There's Organizations: Disney, Disney Destiny, Oriental Land Company, Disney Cruise, Disney Disney, Royal, Cruise, de Coco, Mariachi Plaza, Pixar, Marvel, Walt Disney Animation Studios, Steakhouse, Skipper, Skipper Society, Cruise Lines International Association, Disney's Oceaneer, Walt Disney Theatre, Lucasfilm Locations: Port Canaveral , Florida, Caribbean, Japan, Royal Caribbean

Learn moreThe 2024 Billie Jean King Cup comes to an end with a final showdown between Slovakia and Italy. We'll show you where to watch the Billie Jean King Cup final, including global live streaming options. It's a familiar scene for both Slovakia and Italy as they enter the final at the Billie Jean King Cup. Check price at FuboWhere to watch the Billie Jean King Cup in the UKThe Billie Jean King Cup Final airs on the Tennis Channel in the UK, which is streamable through the Tennis Channel website. Where to watch the Billie Jean King Cup in AustraliaBillie Jean King Cup Final coverage will be available through beIN in Australia.

Persons: Billie Jean King, Italy's Jasmine Paolini, Sara Errani, Swiatek, Katarzyna Kawa, Australia Billie Jean King, It's, ExpressVPN Organizations: Business, Billie Jean King Cup, Tennis Channel, DirecTV, Entertainment, Elite, Sports, Fubo Locations: Slovakia, Italy, We'll, Canada, Iga, Poland, Australia, beIN

Mattel has released a new Barbie doll in honor of Rita Moreno's upcoming 93th birthday. Rita Moreno holds her Academy Award in 1962. Rita Moreno at the Academy Museum of Motion Pictures on Oct. 19 in Los Angeles. Mattel“It’s an honor to celebrate Rita Moreno as the latest addition to our Barbie Tribute Collection,” said Krista Berger, senior vice president of Barbie and global head of dolls at Mattel. MattelWhile Moreno officially turns 93 on Dec. 11, the doll designed in her honor is already available online at the Mattel shop.

Persons: Rita Moreno's, Moreno, “, Anita, Rita Moreno, Tony, “ Jane, Virgin, Amy Sussman, Mattel “, ”, Krista Berger, Barbie, Lucille Ball, Vera Wang, Laverne Cox, “ It’s, ” Moreno Organizations: Mattel, Latina, Bettmann, Getty Images, Academy Museum of Motion Pictures, of Arts, Kennedy, Peabody Locations: Puerto Rico, New York City, Hollywood, Los Angeles

Now, Fonsi is making his debut as a lead actor in the film “Say a Little Prayer,” which opens at AMC and other theaters nationwide Friday. The movie, which features a nearly all-Latino cast, follows the romantic adventures of three best friends in San Antonio. “And to be able to do that in a film is great.”A poster for “Say a Little Prayer,” opening Friday. Luis Fonsi performs the theme song from “Say a Little Prayer” in San Antonio. The cast and crew of “Say a Little Prayer” in San Antonio in October.

Persons: Luis Fonsi's, “, ”, I’d, Anthony, Rafael, It’s, valentine, Fonsi, ” Fonsi, Vannessa Vasquez, Jackie Cruz, Vivian Lamolli, Angélica María, Chris Kattan, Luis Fonsi, Patrick Perez Vidauri Vasquez, Adela, Vasquez, ” Vasquez, carne, Selena, ’, Latinas, Cristina Nava, ” Nava, ” Vivian Lamolli, Nava, Jeff Valdez, Sol Trujillo, Edward James Olmos, Olmos, El Viaje, It's, Daddy Yankee, That’s, “ I’m Organizations: NBC News, AMC, Productions, westside, Centro de Artes, San, San Fernando Cathedral, “, Hulu, Cadence Productions, McKinsey & Company, El, YouTube Locations: Miami, Madrid, San Antonio, San Fernando, Mexican, Houston, Los, Latina, Antonio, Hollywood, “, America, U.S, Spain, Puerto Rico

Where to watch the Davis Cup in the USThe Davis Cup is available to watch in full on the Tennis Channel in the US. Cord-cutters can live stream the channel via a live TV streaming service like Sling TV, DirecTV Stream, or Fubo. Check price at FuboWhere to watch the Davis Cup in the UKThe Tennis Channel is also the home of the Davis Cup in the UK. Where to watch the Davis Cup in AustraliaThe Davis Cup is available to watch through beIN in Australia, where subscriptions start at AU$14.99 per month after a one-week free trial. How to watch the Davis Cup from anywhereThe Davis Cup is shaping up to be a can't-miss tournament.

Persons: We've, Rafael Nadal, Spain, Botic van de Zandschulp, Spain's, Spain's Carlos Alcaraz, Tallon Griekspoor, Filippo Volandri, ExpressVPN Organizations: Business, Davis, Olympics, Canada, Australia, Tennis Channel, DirecTV, Tennis, Entertainment, Elite, Sports, Fubo, USA Locations: Malaga, Spain, Netherlands, Italy, Argentina, Germany, United States, Australia, beIN

☆ Stocks making the biggest moves premarket: Tesla, Nvidia, Robinhood, Liberty Energy and more
▼ + stars: | 2024-11-18 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +3 min

Spirit Airlines — Shares of the struggling airline were halted on Monday after the company filed for bankruptcy protection . The stock rose 2.8% when trading resumed. Liberty Energy , Oklo — Shares of Liberty Energy rose 5% after Trump picked CEO Chris Wright as energy secretary . Robinhood — The electronic trading platform stock gained 1% after Needham upgraded shares to buy from hold. CVS Health — Shares of the drugstore company rose 2% following a Wells Fargo upgrade to overweight from equal weight.

Persons: Tesla, Donald Trump's, Chris Wright, Wright, Baird, Barron's, Needham, Robinhood, Robert F, Kennedy Jr, —, Sarah Min, Alex Harring, Jesse Pound, Spencer Kimball, Lisa Kailai Han Organizations: Bloomberg News, U.S . Transportation Department . Spirit Airlines, Liberty Energy, Oklo, of Liberty Energy, Trump, Nvidia, Blackwell, Nasdaq, Trump's Securities, Exchange Commission, CVS, Aetna, Warner Bros, National Basketball Association, Wall Street Journal, U.S, NBA, HSBC, Moderna Locations: Wells

☆ The Disruptor and The Dealmaker
▼ + stars: | 2024-11-18 | by ( David Faber | ) www.cnbc.com time to read: 1 min

Ben Affleck is taking a self-described radical approach to an industry he says has been too slow to embrace change. Artificial intelligence, streaming and the impact of trillion-dollar big tech firms all set the stage for a reimagination of the Hollywood money machine. Gerry Cardinale has risen to the pinnacle of the entertainment industry, most recently with his firm's partnership with Skydance Media to take control of Paramount. A conversation on his investment in Paramount, his partnership with Affleck and the billion–dollar opportunities in media.

Persons: Ben Affleck, Gerry Cardinale, Affleck Organizations: Hollywood, Skydance Media, Paramount

Below, we've outlined some of the best ways to watch Yellowstone live without cable, including the cheapest option available. For additional information about streaming the series, make sure to bookmark our guide on where to watch Yellowstone. The cheapest way to watch Yellowstone liveThe cheapest way to watch new episodes of Yellowstone live is through Philo, one of the most affordable live streaming packages out there and the least expensive way to watch the Paramount Network. Check price at PhiloOther ways to watch Yellowstone liveYou can also watch the Paramount Network through other top live streaming packages, including Sling TV (with the Entertainment Extra add-on), Fubo, and DirecTV Stream. Sling TV Subscription For just the essentials without any extra fluff, Sling TV is the streaming service you're looking for.

Persons: you've, doesn't, Peacock, Philo, Fubo Organizations: Business, Paramount Network, Paramount, AMC, MTV, Sling, DirecTV, DirecTV Stream

☆ Disney CEO Bob Iger is moving to cement his legacy by undoing his biggest mistake
▼ + stars: | 2024-11-16 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

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

☆ Disney is avoiding more political dust-ups, but Netflix is bringing the fight to the media giant when it comes to live sports
▼ + stars: | 2024-11-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. In today's big story, Disney reported strong earnings and has a bright outlook on the future, but it doesn't want to discuss politics . The big storyLet's not talk politicsBob Iger, CEO of Disney Charley Gallay/Getty ImagesWhen it comes to Donald Trump, Disney is taking a page from its famous mascot and being as quiet as a mouse. But the king of streaming — Netflix — seems unstoppable , and it's threatening a space that Disney's ESPN previously had a stronghold: live sports.

Persons: —, it's, Bob Iger, Disney Charley Gallay, Donald Trump, didn't, Iger, we've, Minnie Mouse, Iger's, BI's Lucia Moses, Ron DeSantis, Trump, Hulu —, Jake Paul, Mike Tyson, Michael Ostuni, Tyler Le, Fiona Carter, Goldman Sachs, Jerome Powell, it's Elon, Steve Schwarzman's, Sam Altman, Elon Musk, Tesla, Lina Khan's, Rebecca Zisser, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Disney, Revenue, Trump, Walt Disney World, Anadolu, Getty, Disney's ABC, ESPN, Netflix, Federal Reserve, EV, Microsoft, Federal Trade Commission Locations: Asia, Hollywood, Florida, Blackstone, ChatGPT, New York, Chicago, London

“I was completely stunned when he mentioned violence so bluntly,” said the 32-year-old, who was born and raised in China. In Britain, “Cafe Scientifique,” a laid-back science debate forum, kicked off in 1998 and “Pint of Science,” a three-day science festival, launched in May 2013. Unlike Western universities, which generally welcome the public, most Chinese campuses remain fenced off, keeping their academic resources exclusive to students, faculty and authorized personnel. Nationalist voices online have also grown into a powerful unofficial force policing speech across Chinese social media. Liang, who deemed the state-building talk “bold,” said he loves these academic pub sessions but suspects they will eventually face restriction.

Persons: Hong Kong CNN —, Liang Xiao, urbanites, Liang, ”, …, Lei Ya, Cinnamon Wu, Wu, Jerry Zhang, “ It’s, ” Wu, Zhang, Jerry Zhang Elephant, China’s, They’ve, Lei, Kang Siqin, Kang, ” Kang Organizations: Hong Kong CNN, American, Guangzhou –, Harvard University, CNN, ” University, Communist Party, Chinese University of Hong Locations: Hong Kong, Shanghai, China, “, China’s, Beijing, Guangzhou, West, Britain, ”, Chinese University of Hong Kong, Shenzhen

☆ Disney CFO says Epic Universe's opening could boost attendance at Disney's Florida theme parks
▼ + stars: | 2024-11-15 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Disney's CFO Hugh Johnston discussed Universal Studios' upcoming theme park, Epic Universe. Both Walt Disney World and Universal Orlando Resort are adding new attractions. AdvertisementEpic Universe's arrival in Central Florida might be good for its direct competitor, Walt Disney World. Disney's Chief Financial Officer Hugh Johnston discussed Universal Orlando Resort's upcoming theme park during Thursday's earnings call. When asked how Epic Universe's May 2025 debut could impact Walt Disney World, Johnston seemed optimistic.

Persons: Hugh Johnston, Johnston, —, Walt, Arturo Holmes, Disney Dreamers Academy Dennis Speigel, NBCUniversal, Comcast NBCUniversal, Brian L, Roberts, Harry Potter, Berk, Josh D'Amaro, Indiana Jones, James Cameron's Organizations: Universal Studios, Disney, Walt Disney World, Universal Orlando, Service, Walt Disney, Cinderella's, Disney Dreamers Academy, Park, Inc, Comcast, Comcast Corporation, Universal Orlando Resort Universal, of, Nintendo, Magic, Central, Central Florida Tourism, Disney's Hollywood Studios Locations: Central Florida, Florida, Pueblo Esperanza

☆ Disney is turning record parks profits — even before its big expansions
▼ + stars: | 2024-11-15 | by ( Sarah Whitten | ) www.cnbc.com time to read: +8 min

Gary Hershorn | Corbis News | Getty ImagesAll is well in the Magic Kingdom. Experiences, which includes parks, resorts, cruises and consumer products, was the second-highest revenue driver behind Disney's entertainment division, which tallied $41.18 billion in fiscal 2024. "It's small things adding up to big things," said David Lightbody, senior vice president of Disney Live Entertainment. Limited time holiday merchandise available at Disney parks. A stunning firework show is held at the Magic Kingdom Park in Walt Disney World Resort on July 1, 2021 in Lake Buena Vista, Florida.

Persons: Gary Hershorn, King Thanos, it'll, Gavin Doyle, Doyle, Mouse, Helene, Milton, David Lightbody, Lightbody, Lindsay Brookshier, Disney hasn't, Liao Pan Organizations: Magic, Walt Disney World, Corbis, Getty, Magic Kingdom, Disney, Big, Marvel, Epcot, Guardians, Falcon, Disney Live Entertainment, Walt Disney, Disneyland's, Pixar Fest, Medianews, Orange, China News Service Locations: Orlando , Florida, Magic, Florida, California, Hong Kong, Anaheim, Walt, Lake Buena Vista , Florida

Learn moreThe Billie Jean King Cup is underway after several exciting matches at the WTA Finals earlier this month. We've put together everything you need to know about where to watch the Billie Jean King Cup, including global watch options. Where to watch the Billie Jean King Cup in the USThe Billie Jean King Cup airs on the Tennis Channel in the US, which is available to live stream through a month-to-month live TV streaming package like Sling TV, Fubo, or DirecTV Stream. Check price at FuboWhere to watch the Billie Jean King Cup in the UKThe Billie Jean King Cup airs on the Tennis Channel in the UK, which is streamable through the Tennis Channel website. Where to watch the Billie Jean King Cup in AustraliaBillie Jean King Cup coverage will be available through beIN in Australia.

Persons: Billie Jean King, We've, Davis, Australia Billie Jean King, It's, ExpressVPN Organizations: Business, WTA, Billie Jean King Cup, Federation, Canada, Tennis Channel, DirecTV, Entertainment, Elite, Sports, Fubo, BBC Locations: Malaga, Spain, Australia, beIN

☆ CNBC Sport: NBC still doesn't have a deal for John Tesh's 'Roundball Rock' theme
▼ + stars: | 2024-11-14 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +15 min

NBC Sports still expects to come to a deal with Tesh, according to a person familiar with the matter. How to value a theme song like "Roundball Rock" is nebulous at best. Any sports fan of the 1990s can tell you that John Tesh's "Roundball Rock" is synonymous with "The NBA on NBC." NBC Sports still expects to come to a deal with Tesh, according to a person familiar with the matter. How to value a theme song like "Roundball Rock" is nebulous at best.

Persons: Alex Sherman, John Tesh, I'm, Tesh, NBC Sports isn't, hasn't, Marv Albert, Bob Costas, NBA hasn't, there's, he's, Mark Wilf, Donald Trump, Wilf, Adam Silver, Silver, NBCU's Peacock, David Zaslav, John Malone, Greg Maffei, Malone, Diamond, That's, Mike Tyson, Jake Paul, it's, CNBC's Lillian Rizzo, Mike Ozanian, –, Juan Soto, Ohtani, Paul Archuleta, John Tesh's Organizations: CNBC, NBA, NBC, NBC Sports, Disney, Amazon, Warner Bros, Fox Sports, Big East, Chicago Bulls, Tesh, Minnesota Vikings, Major League Soccer's Orlando City, Orlando Pride, Vikings, Orlando, Paley Center for Media, Summit, ESPN, TNT, CNBC Sport, Liberty Media, Liberty, Atlanta Braves, Diamond Sports, Major League Baseball, NHL, Fitness, Holdings, Netflix, NFL, Philadelphia Phillies, NBC Sports Philadelphia, Industry, Hallmark, Universal Studios Hollywood, Getty Locations: Nashville, Orlando City, Trump, Texas, London, Universal City , California

☆ Actress Sydney Sweeney slams ‘fake’ female empowerment in Hollywood
▼ + stars: | 2024-11-14 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Hollywood star Sydney Sweeney has hit out at what she calls “fake” pronouncements on female empowerment in the entertainment industry. “This entire industry, all people say is ‘women empowering other women.’ None of it’s happening. “I’ve read that our entire lives, we were raised — and it’s a generational problem — to believe only one woman can be at the top. There’s one woman who can get the man. There’s one woman who can be, I don’t know, anything,” said Sweeney.

Persons: Sydney Sweeney, “, Sweeney, Carol Baum, ” Sweeney, ”, “ I’ve, ’ I’m, I’m, Christy Martin, she’s, Martin — Organizations: CNN, Hollywood Locations: Hollywood

☆ Here's why investors are so excited about Disney's quarterly results
▼ + stars: | 2024-11-14 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Revenue in the fiscal fourth quarter totaled $22.57 billion, topping the $22.45 billion expected by analysts, according to estimates compiled by LSEG. And the good run should continue, with management forecasting earnings growth acceleration over the next couple of years. Roughly $15 billion in cash flow from operations vs. $14.8 billion expected, and about $8 billion in capital expenditures vs. $6.54 billion expected. That implies free cash flow of about $7 billion vs. $8.1 billion expected. In entertainment, the team forecasts double digit percentage growth in operating income, with 10% operating margin in its streaming businesses.

Persons: Robert Iger's, Iger, hasn't, Jim Cramer's, Jim Cramer, Jim, Mickey Mouse, Mouse, Gary Hershorn Organizations: Disney, Revenue, LSEG, Management, ESPN DTC, ESPN, DIS, Comcast, Netflix, Warner Bros Discovery, Paramount Global, Sports, CNBC, Magic, Walt Disney World, Corbis, Getty Locations: Florida, India, Orlando , Florida

☆ Hollywood Is Leaving Los Angeles: Remote Work Comes to TV, Movies
▼ + stars: | 2024-11-14 | by ( Lucia Moses | ) www.businessinsider.com time to read: +14 min

AdvertisementLately, creative workers are increasingly chasing their Hollywood dreams in production hubs far from Hollywood. FilmLA, which issues permits for production in the region, found that Greater Los Angeles' share of US-produced TV and film projects declined from 23% in 2021 to 18% last year. Brin said Lexington had attracted 30 film and TV projects so far this year, representing more than $2 million in local spending. Actually being on a set is only one part of entertainment production. While the power of Los Angeles is dispersing, no single "new Hollywood" is coming to take its place.

Persons: Joe Gallegos Jr, he'd, Bailee Madison, Lukasiak, Pat Boone, Gallegos, JJ Abrams, HBO Max —, he's, It's, Patrick Adler, Taner Osman, couldn't, Tiffany FitzHenry, Lisa Brin, Brin, Noah Hawley, Maddy Bilder, Yorgos, Guy, Ryan Gosling, Emily Blunt, Tyler Mitchell, I've, Bilder, Adler, Otis, FitzHenry, hasn't, Keisha Perry, Cedric, I'm, She's, Lucia Moses Organizations: Netflix, HBO, of Labor Statistics, Westwood Economics, Planning Associates, Dallas, Miami, Hollywood, Bureau of Labor Statistics, Marvel, Otis, Creative, Lex Studios, Austin, Austin Film Society, Southwest, Sony, Universal Pictures, Ampere, Technology, ScreenIt, LA, Westwood, Gallegos, Business Insider's Media Locations: New Mexico, Los Angeles, Albuquerque, La La, Hollywood ., America, California, Atlanta, Hollywood, LA, Georgia, Kentucky, Lexington, New York, Ireland, Budapest, South Africa, Hungary, Australia, North America, Saudi Arabia, Miami

Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. This time around, Trump's tariff proposals on Chinese imports could help Amazon in its competition against low-price online sellers Temu and Shein. Salesforce : Not a Trump stock, but it wasn't a Kamala Harris stock either. Constellation Brands : The Mexican beer importer has been punished on fears about what Trump's tariff and immigration proposals could do to its business. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, Donald Trump's, Trump's, Abbott, Trump, Hock Tan, Tan, We'll, it's pricier, Morgan Stanley, Wells, Kamala Harris, Agentforce, That's, Biden, Dover, Eaton's, Elon, Waymo, JD Vance, we've, Linde, that's, Eli Lilly, Robert F, Kennedy Jr, Kennedy, Lilly, Mark Zuckerberg, Zuckerberg, Goldman Sachs, shouldn't, Nextracker, Brian Niccol, Niccol, Stanley Black, Decker, TJ Maxx, Wells Fargo, Jim Cramer Organizations: Jim Cramer's Charitable Trust, CNBC, Abbott Laboratories, Abbott Labs, White, Biden, AMD, Trump, Wednesday, Broadcom, VMWare, BlackRock, Costco, Coterra Energy, Coterra, DuPont, Disney, GE Healthcare, GE Aerospace, Google, Honeywell, Elliott Investment Management, Linde, Microsoft, Big Tech, Apple, Meta, Financial Times, Nvidia, Palo Alto Networks, Yum Brands, Taco Bell, Constellation Brands, Management, TJX, Marshalls, Jim Cramer's Charitable Locations: China, India, Missouri, Wells Fargo, BlackRock, Shanghai, Dover, U.S, Palo, HomeGoods

☆ 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

☆ Disney earnings offer hope that streaming can successfully supplant linear TV
▼ + stars: | 2024-11-14 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +2 min

For Disney's fiscal 2025, streaming will generate enough operating income to offset the parallel decline in operating income from linear TV, Johnston said in an interview. Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal year 2024. That would put the division at over $1 billion in operating income for the coming fiscal year. Disney's combined streaming businesses improved their profitability in the company's fiscal fourth quarter, posting operating income of $321 million. For the year, Disney's entertainment streaming platforms (Disney+ and Hulu) made $143 million in operating income.

Persons: Gabby Jones, Warren Buffett, CNBC's Becky Quick, it's, Buffett, Hugh Johnston, Johnston Organizations: Disney, Bloomberg, Getty, Paramount Global, Warner Bros, Hulu, ESPN Locations: Brooklyn, New York, Omaha

☆ Amazon is shuttering Freevee and some insiders fear layoffs could be coming in the tech giant's entertainment arm
▼ + stars: | 2024-11-13 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Amazon is phasing out its free-to-watch streaming service Freevee as insiders speculate about potential layoffs in the tech giant's entertainment arm. The phaseout comes as three Amazon insiders told BI they believe MGM Studios could soon be hit by layoffs as the company looks to cut costs. Amazon already cut hundreds of jobs across Prime Video and MGM Studios teams earlier this year. It stopped greenlighting new Freevee originals and had been moving some Freevee employees to other parts of MGM Studios. It also competed for resources with Prime Video and created brand confusion with some viewers.

Persons: Freevee, Bosch, Judy Justice, Lauren Anderson, James Marsden Organizations: Amazon MGM Studios, FAST, MGM Studios, Amazon, Video, Fox, Prime

☆ Elon Musk's promise of an 'epic' leaderboard of 'dumb' government spending reveals his marketing savvy
▼ + stars: | 2024-11-13 | by ( Geoff Weiss | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +7 min

Elon Musk says a leaderboard of "dumb" government spending will expose waste — and he wants your two cents. The Tesla CEO said this week that he planned to post a public "leaderboard for the most insanely dumb spending of your tax dollars." While the effectiveness of Musk's leaderboard remains to be seen, experts told Business Insider it showed his marketing savvy — even if it could also encourage "gotcha" moments that need more context. Especially in a dry realm such as government spending, Musk's plans are bound to grab eyeballs — and perhaps make people feel more invested in the outcome. She said there was some precedent for Musk's leaderboard, noting that former Sen. William Proxmire, a Democrat from Wisconsin, issued the "Golden Fleece Award" for wasteful spending throughout the 1970s and '80s via monthly press releases.

Persons: Elon Musk, —, Musk, Donald Trump's, DOGE —, he's, Vivek Ramaswamy, Natalie Andreas, Austin who's, Ayelet, didn't, Musk's, Andreas, Karen North, Clinton, Sen, William Proxmire, It's, screwworms —, Amy Jo Kim, Kim Organizations: Service, Department of Government, University of Texas, Austin, University of Chicago's Booth School of Business, University of Southern California's Annenberg School for Communication, Journalism, Stanford Locations: Wisconsin

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