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☆ Here are Monday's biggest analyst calls: Apple, Amazon, Cinemark, Nvidia, Meta, Berkshire Hathaway & more
▼ + stars: | 2023-08-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's sticking with its overweight rating after Apple's quarterly 10-Q report. Morgan Stanley upgrades Laureate to overweight from equal weight Morgan Stanley said the education company is a beneficiary of nearshoring. Morgan Stanley reiterates Palo Alto Networks as overweight Morgan Stanley said the company has a "differentiated" and "disruptive" platform. " UBS reiterates Berkshire Hathaway as buy UBS said it's standing by its buy rating on shares of Berkshire after its earnings report Saturday. Morgan Stanley reiterates Cinemark as overweight Morgan Stanley said it's standing by its overweight rating on Cinemark as the success of "Barbie" and "Oppenheimer" has "squashed" the theatrical bear case.

Persons: Morgan Stanley, Apple, DA Davidson, Andy Jassy, Wells, Holley, it's, Raymond James, Charles Schwab, Schwab, EchoStar, Guggenheim, Berkshire Hathaway, Cinemark, Oppenheimer, Truist, Piper Sandler, Piper, MNST, Wright Organizations: UBS, Meta, Facebook, Bank of America, Nvidia, U.S ., Networks, Alto Networks, United Airlines, Berkshire, Comcast, CNBC, Monster Beverage Locations: WhatsApp, nearshoring, United, Berkshire, NBCUniversal

☆ Morgan Stanley thinks this stock that traces its roots to the Wright Brothers is a great buy here
▼ + stars: | 2023-08-07 | by ( Scott Schnipper | ) www.cnbc.com time to read: +1 min

Shares in Curtiss-Wright , which makes sensors, controls, subsystems and mission critical components for aircraft, have already climbed about 24% in 2023. CW 1Y mountain Curtiss-Wright shares over the past year. The "risk reward skews positive" on Curtiss-Wright shares, the Morgan Stanley analysts wrote in a Sunday note, upgrading the North Carolina manufacturer to overweight from equal weight. "The Pivot to Growth continues and endmarket demand remains robust, positioning CW for underappreciated topline expansion," Morgan Stanley said, referring to management's strategy. Curtiss-Wright's defense electronics business could grow at a 13% compounded annual rate through 2024 in light of heightened Defense Department outlays and reduced supply chain pressures, Morgan Stanley said.

Persons: Glenn Curtiss, Wilbur, Orville Wright, Kristine Liwag, Morgan Stanley, Wright, Morgan, Curtiss, CNBC's Michael Bloom Organizations: Curtiss, Department Locations: Friday's, North Carolina

☆ ‘Moonshine’ Review: CW’s Knockabout Nova Scotia Dramedy
▼ + stars: | 2023-07-05 | by ( John Anderson | ) www.wsj.com time to read: 1 min

Peter MacNeill in ‘Moonshine’ Photo: Michael Tompkins/Entertainment OneThe kernel of the conflict stirring the mixed nuts of “Moonshine” is that hippies had kids. Ken and Bea Finley-Cullen ( Peter MacNeill and Corrine Koslo ) have for years operated the ever-so-ramshackle Moonshine lake resort in fictional Foxton, Nova Scotia, where they reared their barefoot brood and watched them grow into various varieties of delinquency. Statistically, one of the many kids was bound to turn out “normal,” and the rest of the sibs resent her. It is a clever concept for a dysfunctional family dramedy, despite its echoes of “The Munsters.”

Persons: Peter MacNeill, Michael Tompkins, Ken, Bea Finley, Cullen, Corrine Koslo Organizations: Entertainment Locations: Foxton , Nova Scotia

☆ DirecTV removes Nexstar's programming after failing to reach distribution agreement
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: +1 min

July 2 (Reuters) - DirecTV removed TV station owner Nexstar Media Group's (NXST.O) network and local community programming from its satellite, cable and streaming systems as they failed to reach a new distribution agreement, the companies said on Sunday. "Nexstar continues to manipulate loopholes to exceed the 39% national ownership cap, and has made public statements lauding its 68% reach across all U.S. TV households," DirecTV said. Both companies added that they are in discussions to return Nexstar programming to DirecTV and are hopeful for a quick resolution. The lawsuit sought an order blocking Nexstar from allegedly colluding with Mission Broadcasting Inc and White Knight Broadcasting Inc in fee negotiations with DirecTV. Reporting by Rishabh Jaiswal in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

Persons: Rishabh, Rashmi Organizations: DirecTV, Nexstar Media, Sunday, Nexstar, ABC, CBS, NBC, FOX, CW, AT, Irving, Mission Broadcasting Inc, White Knight Broadcasting Inc, Thomson Locations: U.S, Los Angeles, Chicago, Philadelphia, San Francisco, Denver, Texas, Bengaluru

[1/4] The iconic Hollywood sign is shown on a hillside above a neighborhood in Los Angeles California, U.S., February 1, 2019. "It's very easy to think all the Hollywood stars or anybody in Hollywood is rich and swimming in money in a swimming pool. The SAG-AFTRA actors union said 97.91% of ballots cast supported strike authorization. But the solidarity from high-wattage talent could be a boost for actors struggling to land enough gigs to make ends meet. Tohn believes only the highest echelon of actors are working all the time.

Persons: Mike Blake, Laz Alonso, Alonso, Meryl Streep, Jennifer Lawrence, Glenn Close, Jackie Tohn, Melanie, MelRose, Rosen, Tohn, ” Tohn, Eric Kripke, Indiana Jones, Harrison Ford, Danielle Broadway, Hanna Rantala, Mary Milliken, Sandra Maler Organizations: REUTERS, Hollywood, of America, Amazon Studios, WGA, SAG, Netflix, CW, Reuters, Thomson Locations: Los Angeles California, U.S, Hollywood, London

☆ How 'Elemental' star Leah Lewis handles rejection and imposter syndrome in Hollywood
▼ + stars: | 2023-06-18 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +5 min

Leah Lewis is only 26, but she's already spent more than half her life trying to make it as an actor. In "Elemental," Lewis voices the lead character Ember, a fire-type living in a world where residents embodying fire, water, air and land co-exist in Element City. For Lewis, it's one of a handful of bigger roles she's landed in a few short years. Even when I landed some kind of success with "Nancy Drew," "The Half of It," now "Elemental," I think, "Are you sure?" I've done the work, and the work really leads me to feel like I'm not like faking it.

Persons: Leah Lewis, she's, she'll, Lewis, Ember, it's, George, Fan, Nancy Drew, Netflix's, Alice Wu, Peter Sohn, I've, I'm, AAPI creatives, They'd Organizations: Disney, Academy Museum of Motion Pictures, Hollywood, CNBC, Pixar, American, Pacific Locations: Los Angeles , California, Los Angeles, City, Wade, Georgia, Shanghai, China, American

☆ How DashCon gave us one of the most important social media lessons of the 2010s
▼ + stars: | 2023-06-18 | by ( Aj Willingham | ) edition.cnn.com time to read: +12 min

The result was DashCon, an attempt to bring together Tumblr users from different interests and fandoms for a single event. For all its (somewhat hilarious) failures, DashCon immediately became a core parable of our social media lore. Like so many other Tumblr users, O’Neil was just a nerdy teenager with cool interests looking for other people like her. A view of the iconic DashCon ball pit at the Renaissance Schaumburg Convention Center Hotel in Schaumburg, Illinois. She said people still send her cosplays of the infamous ball pit, almost 10 years later.

Persons: they’ll, DashCon, Lochlan O’Neil, O’Neil, “, ” O’Neil, ”, ’, Harry Potter, cosplayers, O'Neil, Lochlan O'Neil, Sherlock ”, hadn’t, Lochlan O'Neil “, ‘, It’s Organizations: CNN, Facebook, Twitter, Marvel, YouTube, Renaissance, Center, Taco Bell Locations: Indiana, Renaissance Schaumburg, Schaumburg , Illinois, Taco, Schaumberg , Illinois

☆ PGA Tour, LIV merger may lead to higher viewers and costs for golf sponsors
▼ + stars: | 2023-06-07 | by ( Sheila Dang | ) www.reuters.com time to read: +4 min

The move ends a bitter legal battle between the organizations that has split the golf world and its top players. The organizations said on Tuesday they will work to allow a process for LIV Golf players to reapply for membership on the PGA Tour and DP World Tour. The potential for top players to compete on other tour events will help boost ratings, experts said. It is unclear how broadcasting rights for the TV networks that sell commercial time during golf events could change in the long term. The CW network, which airs LIV Golf in the U.S., said there is no change to the event schedule in 2023, while NBC Sports, which airs some PGA Tour events, said it was still learning about the announcement.

Persons: LIV, Paul Childs, Neal Pilson, I've, Michael Goldman, LIV Golf, Patrick Rishe, St . Louis, Pilson, Jamal Khashoggi, Goldman, Sheila Dang, Dawn Chmielewski, Lisa Richwine, Matthew Lewis Organizations: Centurion Club, LIV Golf, REUTERS, PGA, Pilson Communications, CBS Sports, National Golf Foundation, CBS, CW, LIV, NBC Sports, Nexstar Media Group, Comcast, University of San, Washington University, Brands, Public Investment Fund, Saudi, Washington Post, Thomson Locations: Hemel Hempstead, St Albans, Britain, Saudi, United States, U.S, University of San Francisco, St ., Saudi Arabia, Dallas, Los Angeles

☆ PGA Tour agrees to merge with Saudi-backed rival LIV Golf
▼ + stars: | 2023-06-06 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +13 min

The PGA Tour has agreed to merge with Saudi-backed rival LIV Golf in a deal that would see the competitors squash pending litigation and move forward as a larger golf enterprise. With LIV Golf in the midst of its second, groundbreaking season, the PGA TOUR, DP World Tour and PIF will work together to best feature and grow team golf going forward. PIF will initially be the exclusive investor in the new entity, alongside the PGA TOUR, LIV Golf and the DP World Tour. Separately, PGA TOUR Inc. will remain in place as a 501(c)(6) tax exempt organization and retains administrative oversight of events for those assets contributed by the PGA TOUR, including the sanctioning of events, the administration of the competition and rules, as well as all other "inside the ropes" responsibilities, with Jay Monahan as Commissioner and Ed Herlihy as PGA TOUR Policy Board Chairman. The DP World Tour and LIV Golf will retain similar administrative oversight of events on their respective Tours.

Persons: LIV, LIV didn't, Yasir Al, Rumayyan, Jay Monahan, PIF, CNBC'S David Faber, LIV Golf, Brooks Koepka, Phil Mickelson, Bubba Watson, Monahan, Team Captain Brooks Koepka, Ricky Elliott, Osama Bin Laden, Donald Trump, nobody's, Trump, CNBC's David Faber, Jessica Golden, Kevin Durant, James Pitaro, LIV –, we've, Jay, Keith, Ed Herlihy, Herlihy, Jimmy Dunne, Keith Pelley Organizations: Nexstar, Nexstar Media Group, CW Network, CW, Wrestling, Endeavor Group, PGA Tour, CNBC, Saudi Arabia Public Investment Fund, PGA, European PGA, U.S, Team, Royal Greens, & Country Club, King Abdullah Economic, Saudi, CBS Sports, LIV, ESPN, Public Investment Fund, Al, Rumayyan, Strategic Alliance Locations: U.S, Saudi, Jeddah, King Abdullah, King Abdullah Economic City, Saudi Arabia, Los Angeles, RIYADH, PONTE, BEACH , Florida

☆ I made about $6,500 for 2 days of work as a stand-in for 'SNL' star Chloe Fineman on a commercial shoot
▼ + stars: | 2023-05-29 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +5 min

Sarah Pribis is a working actor who also makes TikToks explaining her range of jobs and pay. I had never done stand-in work before. The reasons that I've gathered that it was so much — because this is not the norm for stand-in work — is that it was a commercial job, and commercial rates for stand-in work are higher. I've built a career as a working actor and want to demystify the experienceI've been doing this since I was 18. So really showing that being an actor runs from being in a CW show to doing stand-in work for Chloe Fineman to being in a full panda costume.

☆ DC Studios' future begins with Marvel's 'Guardians of the Galaxy Vol 3'
▼ + stars: | 2023-05-04 | by ( Sarah Whitten | ) www.cnbc.com time to read: +15 min

And, for once, the success of a Marvel film could bode well for the future of its longtime adversary. On the theatrical side, DC Studios has announced five new projects that will roll out starting in 2025 with Gunn's own "Superman: Legacy." "And I think Marvel Studios, sooner rather than later, needs to tell us what's going on with Spider-Man." He sees this as the result of predictable plotlines within the genre that are repeated across both studios' films. Marvel Studios

The NCAA also argued the plaintiffs' division of damages unlawfully favored male athletes over female ones. In a statement, the NCAA said the plaintiffs' claims for "billions of dollars in damages" do not have "legal or factual support." Plaintiffs' lawyers for years have challenged rules that prohibited college athletes from receiving compensation. Class actions provide plaintiffs an avenue in court to pursue claims collectively rather than as individuals, imposing greater pressures on defendants. The plaintiffs' lawyers have asked the court to approve three classes seeking monetary damages: football and men's basketball; women's basketball; and an additional sports class.

Public Investment Fund LIV Golf Trump World Performance54 LIV Golfers PLUS 45 OTHERS CONSULTANTS LAWYERS McKinsey & Company PwC Public Investment Fund Quinn Emanuel Urquhart & Sullivan White & Case M. Klein & Company Teneo Crown Prince Mohammed bin Salman Majed al-Sorour Newcastle United Aramco Golf Saudi Benjamin Quayle Yasir al-Rumayyan Ari Fleischer Gibson, Dunn & Crutcher LIV Golf Performance54 Trump World Greg Norman Donald J. Trump Gary Davidson Jed Moore Eric Trump Jared Kushner LIV Golfers Cameron Smith Phil Mickelson Dustin Johnson PLUS 45 OTHERSLIV Golf has cleaved men’s professional golf like no other force since the 1960s. Some of the world’s top players, including Dustin Johnson and Phil Mickelson, have become the faces of LIV Golf. The Public Investment FundDiagram of the major figures in LIV Golf that are connected to Saudi Arabia’s Public Investment Fund. Public Investment Fund Jared Kushner’s firm accepted a $2 billion investment from the Public Investment Fund. LIV Golf Trump World Eric Trump Jared Kushner Donald J. Trump Public Investment Fund Jared Kushner’s firm accepted a $2 billion investment from the Public Investment Fund.

☆ Saudi money is flowing to US media and entertainment, from Live Nation to LIV Golf, 5 years after Jamal Khashoggi's murder: 'The ice has thawed'
▼ + stars: | 2023-04-03 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +20 min

Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment. Insider identified some key people connecting Middle East investors with American companies. Saudi Arabia is trying to pitch itself to the world as a cultural and economic reformer and spur tourism. Vince McMahon's WWE has a long-term partnership with the Kingdom of Saudi Arabia, with a major live WWE event there slated for May. Vince McMahon's WWE was one of the first US companies to create unique events in Saudi Arabia.

☆ I made $1 million in revenue from documenting my life with chickens on social media. Here's how I turned my blog into an empire.
▼ + stars: | 2023-04-03 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +8 min

Lisa Steele is a blogger and small-business owner who made more than $1 million in revenue in 2022. Now, I'm earning more than $1 million in revenue annually through book royalties, brand deals, and a backyard-poultry product line. I might have a phone call about products we're launching or about a new brand I'm working with, or I might design product labels or do research for a blog post. When I'm working on a book, and I've written seven in the last decade, I schedule social media as much as I can to give myself larger blocks of time to concentrate on writing. My time is super flexible, so I can live my life and still have a successful brand.

☆ Saudi money is pouring into Hollywood and media, 5 years after the murder of Jamal Khashoggi. Here's who's cashing in and how.
▼ + stars: | 2023-03-15 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +13 min

Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment. Saudi Arabia is trying to pitch itself to the world as a cultural and economic reformer and spur tourism. Even those media players that are comfortable with invetment from the Middle East may not find funds flowing, one Hollywood veteran said. A major live WWE event in Saudi Arabia is slated for May. Of the growing ties between US entertainment and media and Middle East investors, this person added, "Presumably media organizations got into this to help society make better decisions."

☆ LIV ratings trail rival PGA Tour in first CW Network broadcasts
▼ + stars: | 2023-02-28 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

LIV Golf did not immediately respond to a request for comment. LIV Golf is the first sport to broadcast on the CW Network, after the two parties agreed a multi-year deal in January. Perry Sook, the chairman and CEO of CW Network parent company Nexstar, said on Tuesday's earnings call that the three-day tournament was viewed by more than 1.4 million across the network and its digital platform. "We're very pleased with our first weekend of LIV Golf," said Sook. Bankrolled by Saudi Arabia’s Public Investment Fund, LIV Golf attracted some of the sport's biggest names with the promise of supersize paydays and a truncated schedule.

☆ Southern California delights in rare snowfall as winter blast lingers
▼ + stars: | 2023-02-24 | by ( Rich Mckay | ) www.reuters.com time to read: +4 min

[1/2] The Hollywood sign is seen through clouds during rare cold winter weather, in Los Angeles, California, U.S., February 24, 2023. The storm was expected to strengthen on Friday and linger over California through Saturday, the National Weather Service said. In Southern California, "this is a rare case of a cold, significant storm event," Jackson said. SEVEN FEET OF SNOW IN SOME SPOTSEven before the latest storm in California, much of the state has experienced an unusually rainy, chilly winter. Heavy rain will inundate many parts of California through Saturday, the weather service said.

☆ LIV Golf Reaches Deal to Broadcast Events on CW Network
▼ + stars: | 2023-01-19 | by ( Joe Flint | Andrew Beaton | ) www.wsj.com time to read: 1 min

LIV Golf, the controversial Saudi-funded golf tour that launched last year and has signed stars such as Phil Mickelson and Dustin Johnson, finally has a television home in the United States. Nexstar Media Group Inc. said it reached a multiyear deal with LIV Golf to broadcast the league on its CW Network, the broadcast network it acquired majority control of last year.

☆ LIV Golf reaches U.S. broadcasting deal with CW Network
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +2 min

[1/3] Oct 29, 2022; Miami, Florida, USA; General view of the 18th green and clubhouse during the second round of the season finale of the LIV Golf series at Trump National Doral. Mandatory Credit: John David Mercer-USA TODAY SportsJan 19 (Reuters) - LIV Golf secured the United States television deal it had been seeking, announcing on Thursday that the CW Network will broadcast all 14 events of the Saudi-backed series. Beginning this year the CW Network will bring the rebel circuit's tournaments to 120 million households across the United States, LIV Golf said in a statement. "This is a momentous day for LIV Golf as this partnership is about more than just media rights," said LIV Golf CEO and commissioner Greg Norman. LIV Golf will play from February to September and features simultaneous team and individual play with golfers competing for an unprecedented $405 million in prize purses.

☆ LIV Golf reaches broadcast rights deal with CW Network
▼ + stars: | 2023-01-19 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +3 min

Signage on a golf ball at the LIV golf tournament on Thursday, Sept. 15, 2022, at Rich Harvest Farms in Sugar Grove, Illinois. LIV Golf reached a multi-year deal to make CW Network the exclusive U.S. broadcast partner of the Saudi-funded professional golf tour that launched last year with dozens of golfers, including Phil Mickelson and Bubba Watson. CW Network President Dennis Miller in a press release said the partnership "marks a significant milestone in our goal to re-engineer the network." As its name suggests, LIV Golf tournaments feature 54 holes instead of the more common 72. The PGA Tour previously suspended 17 players for playing in the inaugural LIV Golf tournament in June, which LIV called an "effort to stifle competition."

☆ The biggest media targets and buyers in 2023, as speculation swirls around Disney's next move under CEO Bob Iger and how Warner Bros. Discovery can shed debt
▼ + stars: | 2022-12-19 | by ( Lucia Moses | Claire Atkinson | Reed Alexander | ) www.businessinsider.com time to read: +12 min

Continued pressure to get bigger has big media companies in Hollywood looking to scale up. Media bankers and investors predicted to Insider that dealmaking will rebound in 2023 as companies big and small size up their options for possible tie-ups. Pressure on big media companies to get bigger hasn't gone away. Apple: Could eye a big content prizeTim Cook. Paramount's library could help a streaming company bulk up its content; Netflix for one has explored Paramount's studio business before.

☆ 'National Treasure: Edge of History' review: A Disney+ series adds a young-adult chapter to the movies
▼ + stars: | 2022-12-14 | by ( Brian Lowry | ) edition.cnn.com time to read: +2 min

CNN —Giving the “National Treasure” movies a young-adult spin, “National Treasure: Edge of History” transforms the franchise into a Disney+ series, one that offers the same playful approach to the past while weighing that down with tiresome relationship issues and a protagonist with her own Scooby gang. The opening episodes have their moments, but it’s less something to treasure than at best mildly enjoy. Nicolas Cage starred in the 2004 movie and its sequel, a sort of discount “Raiders of the Lost Ark.” The baton here passes to Lisette Olivera as Jess, a whip-smart Dreamer whose father, a protector of treasures, disappeared when she was a baby. As the recent “Willow” reminds us, Disney has aggressively mined its movie library for titles that might lend themselves to streaming-series treatment, and “National Treasure,” with its episodic aspect as Jess must locate and crack new clues, perhaps works on that level better than most. “National Treasure: Edge of History” premieres December 14 on Disney+.

☆ Netflix's 'Wednesday' is competing with the streamer's biggest hits, 'Stranger Things' and 'Squid Game,' for record-high viewership
▼ + stars: | 2022-12-07 | by ( Travis Clark | ) www.businessinsider.com time to read: +3 min

Netflix's "Wednesday" is already one of the streamer's biggest TV originals ever after two weeks. Its viewership is on pace to pass "Stranger Things" season four and is rivaling its top show, "Squid Game." "Wednesday" also had Netflix's biggest first week of viewership ever, beating "Stranger Things" season four. The show is chasing the Korean-language series "Squid Game" to be Netflix's biggest original show of all time, Netflix co-CEO Ted Sarandos said at an event in New York City on Tuesday. "This group is far more likely to be among highly engaged viewers because the series has strong overlap with other young-skewing Netflix shows," including "Stranger Things," Alexander wrote.

☆ From Apple and Disney to Warner Bros. Discovery, here's the 2023 media deal outlook for Hollywood's biggest companies, according to 13 bankers and industry experts
▼ + stars: | 2022-12-06 | by ( Lucia Moses | Claire Atkinson | Reed Alexander | ) www.businessinsider.com time to read: +12 min

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