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☆ Behind the scenes at the Murdoch family's secret court fight
▼ + stars: | 2024-09-23 | by ( Peter Kafka | ) www.businessinsider.com time to read: +11 min

The biggest story in media right now has nothing to do with sexting. But recently, Rupert Murdoch has been trying to change those plans, and pass along full control to Lachlan Murdoch, who now has the CEO title at both News Corp and Fox. AdvertisementElisabeth Murdoch and her father, Rupert Murdoch, pictured in 2010. I think Lachlan would hope to figure out ways to keep on keeping on. Related storiesThroughout his career, Rupert Murdoch was always willing to sell assets he'd spent time and money acquiring.

Persons: Rupert Murodoch's, Murdoch, haven't, Rupert Murdoch's, Lachlan, James, Elisabeth, Prudence —, Rupert Murdoch, Lachlan Murdoch, David Folkenflik, Elisabeth Murdoch, Samir Hussein, he'd, didn't, I've, Rupert, Prudence Murdoch, Prudence MacLeod, Evan Agostini, It's, He's, it's, NPR's David Folkenflik, Gabriel Sherman, you've, Suzanne Scott, who've Organizations: Service, Fox News, Business, — News Corp, New York Post, Street Journal, Fox Corp, Fox, News Corp, HBO, Trump . Fox News, Disney, Sky News, Capitol, NPR, Nevada Supreme, Court, Corp, Old Media, Fair, NBC, Street Locations: Reno , Nevada, Nevada, Rupert's, Australia, Reno

☆ Michigan knocks off USC in classic Big Ten showdown: What this means for both teams
▼ + stars: | 2024-09-21 | by ( Antonio Morales | Austin Meek | ) www.nytimes.com time to read: +8 min

And the Wolverines did just enough of both to knock off USC 27-24 in the Trojans’ first-ever Big Ten game. “Whatever it takes to win.”Here are some takeaways from Michigan’s win. Michigan should feel goodIt wasn’t pretty, but Michigan did just enough to win a game few people thought it would win. This is the kind of result that can make a big difference in who plays for the Big Ten championship. Somehow, thanks to Mullings, Michigan found a way.

Persons: Antonio Morales, Austin Meek, Chris Vannini, Nick Baumgardner, Alex Orji, Mullings, Miller Moss, I’d, ” Orji, —, Colston Loveland, Orji, — Meek, John Humphrey, Kamari Ramsey, Moss, — Morales, hird, ike S, egan, ike, alf, eason —, eason, ange —, ise Organizations: Wolverines, USC, Trojans, Michigan, Michigan’s, Big, — Meek USC, Mullings Locations: Mich, Michigan, , Michigan, Mullings , Michigan

☆ Analysts say don't chase Nike pop on new CEO: 'There are probably no quick fixes'
▼ + stars: | 2024-09-20 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Nike's CEO is stepping down, and some on Wall Street appear to be lukewarm about the news. On Thursday after the bell, the sneaker giant announced that CEO John Donahoe will be retiring on Oct. 13. Wells Fargo maintained its overweight rating and increased its target by $9 to $95, implying more than 17% upside ahead. "We expect multiple expansion commensurate with Hill's hire — as leadership has been a large point of contention and controversy surrounding the stock," analyst Ike Boruchow wrote in a note. Bernstein, which has an outperform rating on Nike, expects the turnaround "will take time," but said market sentiment will be sympathetic.

Persons: John Donahoe, Elliott Hill, Jay Sole, Sole, Morgan Stanley, Alex Straton, Straton, Wells Fargo, —, Ike Boruchow, Bernstein, Aneesha Sherman Organizations: UBS, Nike, JD, Bank of America Locations: FL

7:03 a.m.: Bernstein cuts price target on Nike amid innovation critiques Bernstein sees slightly less room for Nike to rebound. — Alex Harring 6:25 a.m.: Jefferies recommends buying NextEra Energy Partners despite buyout concern Jefferies came out of the gates optimistic on NextEra Energy Partners . Analyst Julien Dumoulin-Smith initiated coverage of the Florida-based renewable energy stock at a buy rating. — Alex Harring 5:54 a.m.: AI helps HubSpot compete, BofA says Bank of America is keeping an eye of HubSpot's artificial intelligence work. — Alex Harring 5:46 a.m.: JPMorgan says to sell Five Below JPMorgan turned bearish on Five Below , citing challenges that are hard to surmount for the value-focused retailer during a tough year.

Persons: Piper Sandler, Bernstein, Aneesha Sherman, Sherman, Alex Harring, BTIG, it's, Jake Fuller, Fuller, DoorDash, — Alex Harring, Jefferies, Julien Dumoulin, Smith, Hertz, Dan Levy, Levy, Avis, HubSpot, BofA, BofA's Brad Sills, Sills, monetization, Matthew Boss, Boss, Abbott, Adam Maeder, necrotizing, ABT, Maeder, Fred Imbert Organizations: CNBC, Laboratories, JPMorgan, Nike, Dow Jones, Jefferies, NextEra Energy Partners, Barclays, Hertz, Bank of America, LSEG, Abbott Laboratories Locations: Wednesday's, Florida, Thursday's premarket

Three Israeli hostages, whose bodies were found last year in underground tunnels in Gaza, were likely killed in a military airstrike aimed at a Hamas commander, an investigation into their deaths concluded. The IDF said this was a "high probability" assessment but that it was "not possible to definitively determine" the cause of the three hostages' deaths. Both Beizer and Sherman were members of the Israeli military. Earlier this month, the IDF said it found the bodies of six hostages killed by Hamas and returned them to Israel. The IDF estimated that 101 hostages remain in Gaza.

Persons: Nik Beizer, Ron Sherman, Elia Toledano, Ahmed Ghandour, Sherman, Sherman’s, Benjamin Netanyahu, Netanyahu Organizations: Northern, Israel Defense Forces, IDF, Forensic Medicine Institute, NBC News Locations: Gaza, Israel

☆ Google dodged a jury trial in its big adtech case with a $2,289,751 check
▼ + stars: | 2024-09-15 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

AdvertisementThe antitrust trial, which began on Monday and is expected to last another month, has been configured as a bench trial. The case is different from a different Google antitrust trial decided earlier this year, where a judge found the company illegally monopolized the search market. AdvertisementThe Justice Department brought five different counts against Google under the Sherman Act, the landmark 1890 law that allows for the Justice Department to break up monopolies. AdvertisementAccording to a couple of professors who the Justice Department hired to do the math, that all added up to $2,289,751. At the end of June 7 hearing, Brinkema applauded Google and the Justice Department for their clever legal arguments.

Persons: —, Department —, There's, Leonie Brinkema, Bill Clinton, Brinkema, Sherman, Gibson Dunn, Stephanie Scarbrough, Rebecca Allensworth, Allensworth, Department's, Wells Fargo, DOJ's, We're, Justice Department didn't Organizations: Service, Google, US Department of Justice, Department, Business, Justice Department, Justice, of, AP, Vanderbilt University, BI Locations: Virginia, United States, States, Eastern, of Virginia

☆ Israeli military says 3 hostages were ‘most likely’ killed in November strike
▼ + stars: | 2024-09-15 | by ( Dana Karni | Lauren Izso | ) edition.cnn.com time to read: +3 min

CNN —The Israeli military says that three Israeli hostages whose bodies were recovered from Gaza in December were “most likely” killed as a result of an Israeli airstrike. The hostages were two soldiers - Corporal Nick Beiser and Sergeant Ron Sherman – and and civilian man, Eliya Toledano. “The investigation shows that the three hostages were held in the tunnel complex where Andor operated. The bodies of the three hostages were retrieved from the tunnel where Andor had been staying on December 14. Later that month Hamas claimed that the three hostages were “killed by IDF weapons.”A total of 101 hostages are still being held in Gaza, according to the Israeli Prime Minister’s Office (PMO).

Persons: Nick Beiser, Ron Sherman –, Eliya Toledano, Ahmed Andor, ”, Andor, Hersh Goldberg, Joe Biden, Benjamin Netanyahu Organizations: CNN, Israel Defense Forces, IDF, Prime Minister’s, Israeli Locations: Gaza, Rafah, Egypt

DirecTV and Disney have reached a deal that brings Disney’s ESPN and other channels back to the pay-tv provider’s customers after a roughly two week blackout. On Saturday, DirecTV and Disney said they reached a deal that called for “market based terms” on pricing. DirecTV will be able to offer Disney’s streaming services in its packages and a la carte, the company said in a release Saturday. The amount of customers DirecTV lost during the dispute was not “immaterial,” said DirecTV Chief Marketing Officer Vince Torres at Goldman Sachs’ Communacopia & Technology Conference on Thursday. DirecTV offered its customers a $30 credit, financed by stopping payments to Disney as soon as the blackout began, Torres said.

Persons: Disney, DirecTV’s, Jimmy Pitaro, “, It’s, ESPN’s Pitaro, ”, Vince Torres, Goldman Sachs, Torres, Venu, DirectTV, ESPN — Organizations: DirecTV, Disney, ESPN, ABC, SEC Network, ACC Network, CNBC, U.S ., Hulu, Charter Communications, Technology Conference, Antitrust, Warner Bros, Discovery, Fox Corp, Federal Communications Commission, FCC

Disney's networks went dark on Sept. 1 after the two sides could not agree to terms on fees and bundle structures. DirecTV called Disney anti-consumer, and ESPN Chairman Jimmy Pitaro called the responses DirecTV made to Disney's package offers "basically hypotheticals." The amount of customers DirecTV lost during the dispute was not "immaterial," said DirecTV Chief Marketing Officer Vince Torres at Goldman Sachs' Communacopia & Technology Conference on Thursday. DirecTV offered its customers a $30 credit, financed by stopping payments to Disney as soon as the blackout began, Torres said. This was the second dispute in a year that left pay TV customers without Disney's networks.

Persons: Disney, DirecTV's, Jimmy Pitaro, It's, ESPN's Pitaro, Vince Torres, Goldman Sachs, Torres, Venu, DirectTV, ESPN — Organizations: Clemson Tigers, season's, Clemson, NCAA Division, DirecTV, Disney, ESPN, U.S ., Atlanta Falcons, Philadelphia Eagles, CNBC, & Technology Conference, ABC, Antitrust, Warner Bros, Discovery, Fox Corp, Federal Communications Commission, FCC, Charter Communications

☆ Median income rose to $80,610 in 2023
▼ + stars: | 2024-09-10 | by ( Tami Luhby | ) edition.cnn.com time to read: +4 min

Median household income rose to $80,610 in 2023, essentially the same as it was in 2019, the Census Bureau reported Tuesday. The typical household’s income rose 4% from 2022, driven primarily by an increase in workers’ earnings. There were widespread gains across the income ladder, though income inequality did not change significantly between 2022 and 2023. Changes in the poverty rateThe official poverty measure fell to 11.1% in 2023, down 0.4 percentage points from the year before. The supplemental poverty measure has been closely watched in recent years because it showed the impact of many federal Covid-19 pandemic relief programs.

Persons: ”, Arloc Sherman, Donald Trump, Kamala Harris, Harris, Sen, JD Vance, Biden Organizations: CNN, Census, Budget

Disney and DirecTV are not likely to reach a deal in time for "Monday Night Football" according to people familiar with the matter. As a result of the fight, DirecTV customers were unable to see the U.S. Open and the first full weekend of the college football season. DirecTV alerted customers on Friday to competitor alternatives for watching ESPN and also said it would provide a $30 credit to customers. However, Charter and Disney reached a deal hours ahead of "Monday Night Football" that allowed customers to tune in that night. The dispute between DirecTV and Disney has led to mudslinging between the two companies reminiscent of most carriage fights.

Persons: Rob Thun, Venu —, Venu, Disney, It's, Jimmy Pitaro, Nielsen, Pitaro, Adam Schefter, DirecTV's Thun Organizations: ESPN, Jacksonville Jaguars, Cincinnati Bengals, EverBank, DirecTV, Disney, FX, ABC, U.S ., CNBC, Walt Disney Co, Fox Corp, Warner Bros, NFL, Federal Communications Commission, Charter Communications, New York Jets, San Francisco 49ers Locations: Jacksonville , Florida, American, U.S

☆ Google's second antitrust trial could help shape the future of online ads
▼ + stars: | 2024-09-06 | by ( Jennifer Elias | Jennifer Covers Google Parent Company Alphabet Inc. | Silicon Valley Culture For Cnbc.Com In San Francisco. | ) www.nbcnews.com time to read: +8 min

For Google, the focus turns to its ad tools, which are part of the company’s $200 billion digital ad business. In the first antitrust case, the court found that Google violated Section 2 of the Sherman Act, which outlaws monopolies. The company’s M&A strategy “set the stage for Google’s later exclusionary conduct across the ad tech industry,” the Justice Department alleges. Google has long fought back against claims that it dominates online ads, pointing to the market share of competitors including Meta. It will argue that buyers and sellers have many options especially as the online ad market has evolved.

Persons: Biden, Donald Trump, Meta, Sherman, Goldman, Bernstein, Amit Mehta, ” Mehta, Google’s, Neal Mohan, Mohan, it’s, AdMeld, Jerry Dischler, It’s, Sissie Hsiao, Scott Sheffer, Prabhakar Raghavan, Simon Whitcombe Organizations: Department of Justice, Google, Microsoft, Big Tech, DOJ, Apple, Federal Trade Commission, Facebook, Amazon, Citibank, NYSE, New York Stock Exchange, YouTube, Google Network, U.S, District of Columbia, Department, DoubleClick, Meta, Stanford, Harvard, New York Times Locations: Alexandria , Virginia, California , Colorado , Connecticut , New Jersey , New York, Rhode Island and Tennessee, Google’s

☆ NFL team sales are likely to stall as valuations soar
▼ + stars: | 2024-09-05 | by ( Alex Sherman | ) www.cnbc.com time to read: +10 min

Abbie Parr | Getty Images Sport | Getty ImagesThe Seattle Seahawks may be the next National Football League team to sell. The average NFL team is now worth $6.49 billion, and no team is valued at less than $5.25 billion, according to CNBC's Official 2024 NFL Team Valuations. Seven of the last 10 NFL teams to be sold outperform the S&P 500 on a percentage-gained basis since the sale. Each of the last four NFL team sales has set a new record, showcasing the rise in valuations. WATCH: New England Patriots owner Robert Kraft on new NFL private equity ruleswatch now

Persons: Abbie Parr, Paul Allen, Allen's, Jody, Marc Ganis, Roger Goodell, It's, There's, Neal Pilson, That's, Ganis, —, Daniel Snyder, Josh Harris, Terry Pegula, Kim, Ralph Wilson, David Tepper's, Jerry Richardson, Rob Walton, Pat Bowlen, Virginia Halas McCaskey, George Halas, McCaskey, George McCaskey, They're, Goodell, Curtis Martin, Tracy Gallagher, Gallagher, Robert Kraft, Kraft Organizations: Getty, Seattle Seahawks, National Football League, Former Seahawks, Microsoft, NFL, Disney, National Basketball Association, Netflix, CBS Sports, Pilson Communications, NBA, Washington, Philadelphia 76ers, National Hockey League's New Jersey Devils, Billionaire, Buffalo Bills, Carolina Panthers, Panthers, Walmart, Denver Broncos, Bills, Broncos, Chicago Bears, Bears, The Miami Dolphins, Los Angeles Chargers, Ares Management, Sixth Street Partners, Arctos Partners, Equity, Blackstone, Carlyle Group, Capital Partners, Arta Finance, NHL, Major League Baseball, New England Patriots, CNBC Locations: U.S, Spain, Germany, Brazil

In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association signed an 11-year, $77 billion deal of its own. Welcome to the sports media rights doldrums. It will also be a significant driver of future NFL team valuations. The average NFL team is now worth $6.49 billion, according to CNBC's Official 2024 NFL Team Valuations.

Persons: What's, Daniel Cohen Organizations: ESPN, Jacksonville Jaguars, Cincinnati Bengals, EverBank, National Football League, National Basketball Association, U.S, NFL, Octagon, Sunday, Fox, Paramount, CBS, Apple, YouTube Locations: Jacksonville, Fl

NFL owners voted Tuesday to allow private equity firms to take a maximum 10% stake in teams. The league has never allowed private equity investment before. No other league takes a percentage of the so-called carry — the percentage of a fund's investment profits that managers typically receive as compensation — for all private equity firms. The NFL has informally told investment firms that if they make a return on an investment, it wants a portion of the profits to be returned to the league. It was unclear if the NFL's plans to take a piece of profits would deter future investment from private equity.

Persons: Brock Purdy, Robert Kraft, CNBC's, Curtis Martin, Jake Piazza Organizations: San Francisco 49ers, Kansas City Chiefs, Super, National Football League, NFL, Major League Baseball, National Basketball Association, National Hockey League, New England Patriots, Ares Management, Sixth Street Partners, Arctos Partners, Dynasty Equity, Blackstone, Carlyle Group, Capital Partners Locations: Allegiant, Las Vegas

Edgar Bronfman Jr. walked away from his bid for Paramount after the company's special committee demanded his consortium submit a final offer Monday, according to people familiar with the matter. Bronfman dropped his 11th hour bid just a week after the media executive made an initial offer of $4.3 billion for Shari Redstone's National Amusements, the controlling shareholder of Paramount. Bronfman said last week in a letter to the Paramount special committee that he had rounded up 19 financial backers, as first reported by The Wall Street Journal. Spokespeople for Bronfman, Skydance and the Paramount special committee declined to comment. The special committee said late Monday the go-shop period was now over.

Persons: Edgar Bronfman Jr, Bronfman, Centerview, David Ellison's Skydance, Shari Redstone's, Skydance, Spokespeople, Bronfman's, RedBird Capital Partners — Organizations: Paramount, Centerview Partners, David Ellison's Skydance Media, Bronfman's, Fortress Investment Group, BC Partners, Wall Street, wouldn't, RedBird Capital Partners

☆ Bronfman's Paramount bid could keep Shari Redstone involved at the company
▼ + stars: | 2024-08-23 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Edgar Bronfman Jr.'s offer for a controlling stake in Paramount Global could keep Shari Redstone close to the company, if his bid is successful. Both Bronfman's bid and Skydance's bid would also include money to buy out a percentage of Paramount Global common shareholders. At $6 billion, Bronfman's bid would give cash to about 20% of Class B holders at $16 per share. The Paramount Global special committee will determine if Bronfman's offer is a superior proposal for shareholders by Aug. 28. Spokespeople for Redstone, Bronfman, the Paramount Global special committee and Skydance all declined to comment.

Persons: Edgar Bronfman Jr, Shari Redstone, Bronfman, Sumner Redstone, Bronfman's, Skydance, Jon Miller, Skydance . Miller, —, Jason Ostheimer, Miller, Shari Redstone haven't, David Ellison Organizations: Paramount Global, Paramount, National Amusements, Skydance Media, Skydance, Redstone, Bronfman Locations: Bronfman, Miller, Redstone

☆ Intel has hired Morgan Stanley, other advisers for activist defense
▼ + stars: | 2024-08-23 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Intel is working with advisors including Morgan Stanley to help defend itself against activist investors, according to people familiar with the matter, as CEO Pat Gelsinger attempts to turn around the struggling chipmaker. While Intel has faced activist pressure in the past, no new campaign has been formally launched and it isn't clear if an activist investor has been in contact with the company's board. Morgan Stanley has previously worked with Intel, including in the company's 2022 spinoff of Mobileye . The sources with knowledge of Morgan Stanley's latest involvement asked not to be named due to confidentiality. Representatives for Intel and Morgan Stanley declined to comment.

Persons: Morgan Stanley, Pat Gelsinger, Morgan Stanley's, it's, Dan Loeb's, Frank Yeary, Camberview, Tan, — CNBC's Alex Sherman, Kif Leswing Organizations: Intel, Nvidia, Devices, Broadcom, Qualcomm, Texas, Wall

But the consequences — but the consequences of putting Donald Trump back in the White House are extremely serious. Just imagine Donald Trump with no guardrails, and how he would use the immense powers of the presidency of the United States. But Donald Trump believes a border deal would hurt his campaign, so he ordered his allies in Congress to kill the deal. Because, you know, they know — they know he is easy to manipulate with flattery and favors. They know Trump won’t hold autocrats accountable because he wants to be an autocrat himself.

Persons: Kamala Harris’s, Let’s, Doug, Cole, Ella, Dougie, Joe Biden, Joe, Tim Walz, Shyamala Harris, Donald Harris, Aretha, Coltrane, Miles, Kamala, Don’t, Shelton, Uncle Sherman, Aunt Mary, Uncle Freddie, Auntie Chris —, Family, —, Maya, Michelle, Thurgood Marshall, Constance Baker Motley, Wanda, Kamala Harris, I’ve, Donald Trump, doesn’t, “, miscarrying, Couples, John Lewis, Trump, Putin, Said, Zelensky, Biden, Kim Jong, let’s Organizations: Democratic, Mayflower, White, U.S . Capitol, Capitol, U.S, Supreme, Trump, Social Security, Affordable, of Education, Medicare, Congress, Republicans, NATO, Fellow Locations: America, India, California, Jamaica, —, Illinois, Wisconsin, East, United States of America, Oakland, Calif, United States, China, Said Russia, Russia, Ukraine, Gaza, Israel, Iran, An America, American

At the Democratic National Convention, there has been no shortage of eye-grabbing content. Manicure stations where attendees can have their nails painted blue, with the option to add a “KH” adornment. An abundance of pearls, stars and pantsuits (all signifiers of Vice President Kamala Harris’s style). Mr. Nordeman, a photographer for The New York Times Styles desk, has spent his days in Chicago “walking and looking,” as he put it, until something grabs his attention. “I have an idea of what I’m looking for, but I never know exactly what it is until I see it,” he said.

Persons: Lil Jon, Oprah Winfrey, John Legend, Kamala Harris’s, Harris, JD Vance, Landon Nordeman, Nordeman, The New York Times Styles, “, ” Organizations: Democratic National Convention, Republican, The New York Times, Republican National Convention, The Times Locations: Chicago

As part of the bid, Bronfman would acquire a minority stake in Paramount. However, after placing the bid, Bronfman raised more funds to support a higher bid, said the person, who asked to remain anonymous to speak about specifics of the offer. On Wednesday, Bronfman upped the bid and submitted a revised offer of $6 billion, the person said. The agreement included a 45-day "go shop" period during which Paramount could solicit other offers. Money manager Mario Gabelli reportedly filed a lawsuit looking for Paramount to turn over its books related to the Skydance deal — a possible first step toward a lawsuit challenging the deal.

Persons: Edgar Bronfman Jr, Bronfman, Shari Redstone's, Edgar Bronfman , Jr, Skydance, Mario Gabelli, Scott Baker Organizations: Paramount Global, Skydance, Paramount, Skydance Media, Bronfman Consortium, RedBird Capital Partners, KKR, National, Amusements, nonvoting Paramount, Warner Music, Seagram, Wall Street Locations: Paramount's

Byron Allen, founder, chairman, and CEO of Entertainment Studios and Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Allen Media Group owns broadcast stations in more than 20 markets between ABC, CBS and NBC affiliates, according to the group's website. Representatives for Allen Media Group declined to address the details of this story but said in a statement: "Mr. Allen started Allen Media Group 31 years ago from his dining room table. Allen Media Group is now one of the largest and fastest growing privately-held media companies in the world and is 100 percent Black-owned. Allen Media Group remains strong, and we continue to prudently manage our partner relationships as we have always done over our 31-year history," the statement says.

Persons: Byron Allen, Byron Allen —, Allen, Mr Organizations: Entertainment Studios, Allen Media Group, Milken Institute Global Conference, CNBC, ABC, CBS, NBC, NFL, Allen Media Locations: Beverly Hills , California, Midwest, Southeast, West Coast, Hawaii

☆ NBCUniversal is pinning Peacock's streaming success on its $2.45 billion per year NBA deal
▼ + stars: | 2024-08-15 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +7 min

On Jan. 13, NBCUniversal's subscription streaming service Peacock showed its first-ever exclusive NFL playoff game — a 26-7 victory by the eventual Super Bowl-winning Kansas City Chiefs over the Miami Dolphins. For NBCUniversal, obtaining NBA rights helps guarantee sustainability in a fight for eyeballs against streaming behemoths such as Netflix , Amazon Prime Video and Disney +. Beginning with the 2025-26 season, Peacock will have about 50 exclusive national regular-season and postseason NBA games, including national Monday night games and doubleheaders. Having exclusive NBA games is really important for that mission." Discovery decided not to compete with NBCUniversal for NBA rights once the price tag ballooned past $2 billion per year.

Persons: Angela Weiss, Rick Cordella, Peacock, Patrick Mahomes, Kansas City Chiefs Jamie Squire, Cordella, NBCU, they've, David Berson, Jessica Reif Ehrlich, Ehrlich, NBCUniversal, Adam Silver Organizations: NBA, AFP, Getty, Comcast, NBC Sports, Disney, NFL, eventual, Kansas City Chiefs, Miami Dolphins, Nielsen, Research, Peacock, Premier League, WWE, IndyCar, Recreation, Sports, Media, Netflix, Amazon Prime, Paramount, CBS Sports, Skydance Media, Warner Bros . Discovery, Bank of America, NBC, Warner Bros, Discovery, TNT, ABC, ESPN, Hollywood, CNBC Locations: New York, U.S, Peacock

☆ With the A's leaving Oakland, the Pioneer League B's want fan investment in Bay Area baseball
▼ + stars: | 2024-08-13 | by ( Alex Sherman | ) www.cnbc.com time to read: +7 min

That gave birth to the Oakland Ballers, or the B's — the Pioneer League team that debuted earlier this year, co-founded by Freedman and Carmel. Courtesy: Oakland BallersThe Pioneer League, an MLB partner league whose teams aren't affiliated with the pro teams like those in minor league baseball, instantly appealed to Freedman's tech sensibilities because it's a testing ground for baseball evolution. Potential investors will be able to buy their shares on a first-come, first-serve basis "just like you're buying sneakers from the Oakland B's," said Stidd. Oakland Ballers stadium. Courtesy: Oakland Ballers

Persons: Paul Freedman, Oakland Ballers Paul Freedman, Freedman, Bryan Carmel, Charlie Finley, Kelsie Whitmore, Carmel, DealMaker, Jon Stidd, Stidd, It's, Lonnie Murray, Dave Stewart Organizations: Oakland, MLB's A's, Las Vegas, Oakland Coliseum's, CNBC, Golden State Warriors, Oracle, NFL's Raiders, MLB's Oakland, Pioneer League, Freedman, Oakland Ballers, MLB, League, Securities and Exchange, Green Bay Packers, Local, BART, AAA Insurance, Raimondi, Boilermakers, Little League, San Francisco Chronicle Locations: Oakland , California, Las, Palo Alto, Oakland, Chicago, Las Vegas, Sacramento, Carmel, Oakland —, West Oakland, workshopping

☆ There's a lot of concern among Republicans that Trump is saying more ludicrous things: Jake Sherman
▼ + stars: | 2024-08-12 | 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 EmailThere's a lot of concern among Republicans that Trump is saying more ludicrous things: Jake ShermanJake Sherman, Punchbowl News co-founder, joins 'Squawk Box' to discuss the state of the 2024 race, how Kamala Harris has invigorated the Democratic base, details of her policy platform, and more.

Persons: Trump, Jake Sherman Jake Sherman, Kamala Harris Organizations: Republicans, Punchbowl News, Democratic

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