DIRS.INFO The most relevant business & tech news

☆ The NBA is picking its next TV partners — and a deal hinges on Warner Bros. Discovery's next move
▼ + stars: | 2024-05-16 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

The league ended its exclusive window to renew a deal with its two current media partners, Disney and Warner Bros. Warner Bros. Warner Bros. Warner Bros. Warner Bros.

Persons: Adam Silver, it's, NBCUniversal, NBCUniversal's, Warner, David Zaslav, — Organizations: National Basketball Association, Warner Bros, Turner Sports, Comcast, CNBC, Disney, NBA, Discovery, Warner Bros . Discovery Locations: Cleveland , Ohio

☆ Tony Awards 2024: Print Your Ballot!
▼ + stars: | 2024-05-13 | by ( ) www.nytimes.com time to read: +5 min

Best New Play "Jaja's African Hair Braiding" ☐ "Mary Jane" ☐ "Mother Play" ☐ "Prayer for the French Republic" ☐ "Stereophonic" Best New Musical "Hell's Kitchen" “Illinoise" ☐ "The Outsiders" ☐ "Suffs" "Water for Elephants" Best Play Revival ☐ “Appropriate" ☐ “An Enemy of the People" "Purlie Victorious" Best Musical Revival ☐ "Cabaret" ☐ “Gutenberg! The Musical!" "Merrily We Roll Along" "The Who's Tommy" Best Book of a Musical ☐ Bekah Brunstetter, "The Notebook" Kristoffer Diaz, "Hell's Kitchen" ☐ Rick Elice, "Water for Elephants" ☐ Adam Rapp with Justin Levine, "The Outsiders" ☐ Shaina Taub, "Suffs" Best Leading Actor in a Play ☐ William Jackson Harper, "Uncle Vanya" Leslie Odom Jr., "Purlie Victorious" ☐ Liev Schreiber, "Doubt" Jeremy Strong, "An Enemy of the People" ☐ Michael Stuhlbarg, "Patriots" Best Leading Actress in a Play ☐ Betsy Aidem, "Prayer for the French Republic" 0000 Jessica Lange, "Mother Play" Rachel McAdams, "Mary Jane" Sarah Paulson, "Appropriate" ☐ Amy Ryan, "Doubt" Best Leading Actor in a Musical ☐ Brody Grant, "The Outsiders" ☐ Jonathan Groff, "Merrily We Roll Along" Dorian Harewood, "The Notebook" ☐ Brian d'Arcy James, "Days of Wine and Roses" ☐ Eddie Redmayne, "Cabaret" The New York Times 2024 Tony Awards Ballot Best Leading Actress in a Musical Eden Espinosa, "Lempicka" ☐ Maleah Joi Moon, "Hell's Kitchen" Kelli O'Hara, "Days of Wine and Roses" ☐ Maryann Plunkett, "The Notebook" ☐ Gayle Rankin, "Cabaret" Best Featured Actor in a Play ☐ Will Brill, “Stereophonic" Eli Gelb, "Stereophonic" ☐ Jim Parsons, "Mother Play" Tom Pecinka, "Stereophonic" Corey Stoll, "Appropriate" Best Featured Actor in a Musical ☐ Roger Bart, "Back to the Future" ☐ Joshua Boone, "The Outsiders" ☐ Brandon Victor Dixon, "Hell's Kitchen" ☐ Sky Lakota-Lynch, "The Outsiders" ☐ Daniel Radcliffe, "Merrily We Roll Along" ☐ Steven Skybell, "Cabaret" Best Featured Actress in a Play ☐ Quincy Tyler Bernstine, "Doubt" ☐ Juliana Canfield, ☐ "Stereophonic" Celia Keenan-Bolger, "Mother Play" Best Direction of a Musical ☐ Maria Friedman, ㅁㅁㅁ ㅁ "Merrily We Roll Along" Best Lighting Design of a Musical ☐ Brandon Stirling Baker, "Illinoise" Michael Greif, "Hell's Kitchen" ☐ Isabella Byrd, "Cabaret" Leigh Silverman, "Suffs" ☐ ☐ Jessica Stone, "Water for Elephants" ☐ Danya Taymor, "The Outsiders" Best Scenic Design of a Play Natasha Katz, "Hell's Kitchen" ☐ Bradley King and David Bengali, "Water for Elephants" ☐ Brian MacDevitt and Hana S. Kim, "The Outsiders" Best Sound Design dots, "An Enemy of the People" of a Play ☐ dots, "Appropriate" Derek McLane, "Purlie Victorious" David Zinn, "Jaja's African Hair Braiding" David Zinn, "Stereophonic" Best Scenic Design of a Musical ☐ AMP featuring Tatiana Kahvegian, "The Outsiders" ☐ Robert Brill and Peter Nigrini, "Hell's Kitchen" ☐ Tim Hatley and Finn Ross, "Back to the Future" ☐ Riccardo Hernández and Peter Nigrini, "Lempicka" ☐ Takeshi Kata, "Water for Elephants" David Korins, "Here Lies Love" ☐ Tom Scutt, "Cabaret" Best Costume Design of a Play ☐ Dede Ayite, "Appropriate" ☐ Dede Ayite, "Jaja's African Hair Braiding" ☐ Sarah Pidgeon, "Stereophonic" ☐ Enver Chakartash, ☐ Kara Young, "Purlie Victorious" Best Featured Actress in a Musical ☐ Shoshana Bean, "Hell's Kitchen" ☐ Amber Iman, "Lempicka" Nikki M. James, "Suffs" ☐ ☐ Leslie Rodriguez Kritzer, "Spamalot" Kecia Lewis, "Hell's Kitchen" ☐ Lindsay Mendez, "Merrily We Roll Along" ☐ Bebe Neuwirth, "Cabaret" Best Direction of a Play Daniel Aukin, "Stereophonic" ☐ Anne Kauffman, "Mary Jane" Kenny Leon, "Purlie Victorious" Lila Neugebauer, "Appropriate" Whitney White, ☐ ☐ ☐ ☐ ☐ "Jaja's African Hair Braiding" ☐ ☐ "Stereophonic" ☐ Justin Ellington and Stefania Bulbarella, "Jaja's African Hair Braiding" ☐ Leah Gelpe, "Mary Jane" ☐ Tom Gibbons, "Grey House" ☐ Bray Poor and Will Pickens, "Appropriate" ☐ Ryan Rumery, "Stereophonic" Best Sound Design of a Musical ☐ M.L. Dogg and Cody Spencer, "Here Lies Love" Kai Harada, "Merrily We Roll Along" ☐ Nick Lidster, "Cabaret" ☐ Gareth Owen, "Hell's Kitchen" ☐ Cody Spencer, "The Outsiders" Best Original Score Will Butler, "Stereophonic" ☐ Adam Guettel, "Days of Wine and Roses" ☐ Jamestown Revival and Justin Levine, "The Outsiders" ☐ David Byrne and Fatboy Slim, "Here Lies Love" ☐ Shaina Taub, "Suffs" Emilio Sosa, "Purlie Victorious" Best Choreography David Zinn, "An Enemy of the People" Best Costume Design of a Musical ☐ Dede Ayite, "Hell's Kitchen" ☐ Linda Cho, "The Great Gatsby" ☐ David Israel Reynoso, "Water for Elephants" Tom Scutt, "Cabaret" ☐ Paul Tazewell, "Suffs" Best Lighting Design of a Play ☐ Isabella Byrd, "An Enemy of the People" ☐ Amith Chandrashaker, "Prayer for the French Republic" Jiyoun Chang, “Stereophonic" Jane Cox, "Appropriate" ☐ Natasha Katz, "Grey House" ☐ Camille A. Brown, "Hell's Kitchen" ☐ Shana Carroll and Jesse Robb, "Water for Elephants" ☐ Rick and Jeff Kuperman, "The Outsiders" ☐ Annie-B Parson, "Here Lies Love" Justin Peck, "Illinoise" Best Orchestrations ☐ Timo Andres, "Illi

Persons: Mary Jane, Tommy, Bekah, Kristoffer Diaz, Rick Elice, ☐ Adam Rapp, Justin Levine, ☐ Shaina Taub, William Jackson Harper, Uncle Vanya, Leslie Odom Jr, ☐ Liev Schreiber, Jeremy Strong, Michael Stuhlbarg, Betsy Aidem, Jessica Lange, Rachel McAdams, Sarah Paulson, Amy Ryan, Brody Grant, Jonathan Groff, Dorian Harewood, Brian d'Arcy James, Eddie Redmayne, Eden Espinosa, Maleah Joi Moon, Kelli O'Hara, ☐ Maryann Plunkett, ☐ Gayle Rankin, Will Brill, Eli Gelb, Jim Parsons, Tom Pecinka, Corey Stoll, Roger Bart, Joshua Boone, ☐ Brandon Victor Dixon, Lynch, ☐ Daniel Radcliffe, Steven Skybell, Quincy Tyler Bernstine, Juliana Canfield, Celia Keenan, Bolger, Maria Friedman, ㅁㅁㅁ, Brandon Stirling Baker, Michael Greif, Isabella Byrd, Leigh Silverman, Jessica Stone, Natasha Katz, ☐ Bradley King, David Bengali, Brian MacDevitt, Hana S, Kim, Derek McLane, David Zinn, Tatiana Kahvegian, ☐ Robert Brill, Peter Nigrini, Tim Hatley, Finn Ross, Riccardo Hernández, Takeshi Kata, David Korins, Tom Scutt, Dede Ayite, Sarah Pidgeon, Enver Chakartash, ☐ Kara Young, Shoshana Bean, Amber Iman, Nikki M, James, ☐ Leslie Rodriguez Kritzer, Kecia Lewis, ☐ Lindsay Mendez, Bebe Neuwirth, Daniel Aukin, Anne Kauffman, Kenny Leon, Lila Neugebauer, White, Justin Ellington, Stefania Bulbarella, Leah Gelpe, ☐ Tom Gibbons, ☐ Bray, Will Pickens, Ryan Rumery, Cody Spencer, Kai Harada, Nick Lidster, ☐ Gareth Owen, ☐ Cody Spencer, Will Butler, Adam Guettel, ☐ David Byrne, Fatboy Slim, Shaina Taub, Emilio Sosa, Linda Cho, ☐ David Israel Reynoso, ☐ Paul Tazewell, Jiyoun Chang, Jane Cox, Camille A . Brown, ☐ Shana Carroll, Jesse Robb, Rick, Jeff Kuperman, Annie, Parson, Justin Peck, ☐ Timo Andres, Tom Kitt, Adam Blackstone, Justin Craig, Matt Hinkley, Jonathan Tunick Organizations: Patriots, New York Times, Lakota, ☐ Bray Poor Locations: Republic, Jamestown

Here's what will likely be topics of discussion during Upfronts week, whether it's on stage, in the audience or in private. That dependsMedia companies just finished reporting quarterly earnings, which showed traditional TV is still lagging behind streaming and digital when it comes to ad revenue. Streaming advertising was up 22% across media companies, and now makes up 18% of total advertising. Tech companies including Snap , Roku , Google and Microsoft each saw digital advertising revenue make a comeback this past quarter. Streaming advertising revenue jumped 70%, but the overall number is much lower — just $175 million.

Persons: Kevin Mazur, David Zaslav, Tim Nollen, Mike Kemp, Bob Iger, YouTube's, Tom Hiddleston, Loki, Peacock, Hugh Johnston, Hulu —, NBCUniversal, LeBron James, Jevone Moore Organizations: Getty, Getty Images Media, Hollywood, Warner Bros, Discovery, Media, Upfronts, Macquarie, Tech, Google, Microsoft, Netflix, Disney, Amazon Prime, Amazon, National Football, YouTube, Nielsen, Comcast, Radio City Music Hall, ESPN, Madison, Warner Bros . Discovery, Max, Fox, Sports, NBA, Los Angeles Lakers, Los Angeles Clippers, Crypto.com Arena Locations: Waterloo, London, United Kingdom, U.S, New York City, Hulu, Los Angeles

☆ A key sign of strength in Warner Bros. Discovery's latest earnings report would take a massive hit if TNT loses the NBA
▼ + stars: | 2024-05-10 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

And while WBD's $0.40-per-share loss was 4 cents better than last year, it was still lower than analysts had hoped for. Warners added about 2 million net streaming subscribers globally in the first quarter, bringing its total to 99.6 million. There's a simple explanation for WBD's streaming ad growth despite modest subscriber additions: the advent of live sports on Max. As impressive as WBD's burgeoning streaming ad business looks now, it may be nothing more than a blip if Comcast's NBC outbids TNT for NBA media rights in the league's next TV deal. Suddenly, it seems like Zaslav is taking an even bigger risk by playing hardball with the NBA.

Persons: Discovery's, David Zaslav, Max, Warners, WBD, it's Organizations: Warner Bros, Business, NBA, Warners, Max, MLB, NHL, NBC, TNT, Media, UBS, hardball

☆ Racism Alleged at Multiple Globe Life Affiliates
▼ + stars: | 2024-05-10 | by ( Susan Antilla | ) www.businessinsider.com time to read: +20 min

"If I'd brought it up, I would have been blackballed," he told BI. She told BI that Lobello frequently sent her racist memes he found online that contained the N-word. AdvertisementBell, in the hat at right, at a team dinner for an AIL agency then known as Giglione-Ackerman. In the areas she was assigned, she told BI, "most of the people were uninsurable" because of poor health, hard drug use, and poverty. If you work at Globe Life or AIL and have information to share about the company, please contact Susan Antilla at susan.antilla1@gmail.com .

Persons: Domenico Bertini, Chris Selejan, Rob Gray, James " Bo, E, Gentile, Organization —, Frank Svoboda, Warren Buffett's Berkshire Hathaway, Fuzzy Panda, Scott Dehning, AIL, Dehning, Jennifer Haworth, I'd, John L, Ann Marie Arcadi, Gray, Eric Giglione, Giglione, Bell, He'd, Brian W, Fraser, Popeyes, Morgan Lobello, Lobello she'd, y'all, Lobello, David Zophin, Ackerman, Andy Mercado, texted, quieted, Bell's, Raynaldo Lafontant, David Ackerman, Lafontant, Mercado, Sarah Reay, Reay, Debra Gamble, Gamble, Nicole Korkolis, Donnaya Presberry, Presberry, Abeni, Mayfield, Amy Williamson, Abeni Mayfield, Rosem Morton, Silvana Pajor Flores, Pajor Flores, Susan Antilla Organizations: Globe Life, Business, Globe, New York Stock Exchange, Texas Rangers, Dallas Cowboys, Organization, BI, Department of Justice, Research, Latina, Ackerman Agency, New Jersey Superior Court, SEAT, Giglione, Commission, Professional Employees International Union, Liberty National Division, Liberty National, Edison, AIL Locations: Kentucky, Bertini, Pennsylvania, McKinney , Texas, Michigan, West Virginia, New Jersey, Argentina, Aurora , Colorado, Edison , New Jersey, Edison, Giglione, Morgantown , West Virginia, Moon Township , Pennsylvania, Pittsburgh, Columbia , Maryland, Cumberland , Maryland, Kansas, Waco , Texas, Colorado, AIL, susan.antilla1@gmail.com

☆ Warner Bros. Discovery misses first-quarter estimates despite streaming growth
▼ + stars: | 2024-05-09 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

In this article WBD Follow your favorite stocks CREATE FREE ACCOUNTIn this photo illustration, the Warner Bros. Here is how Warner Bros. Discovery performed, compared with estimates from analysts surveyed by LSEG: Loss per share: 40 cents vs. 24 cents loss expected40 cents vs. 24 cents loss expected Revenue: $9.96 billion vs. $10.231 billion expected Warner Bros. Warner Bros. While NBCUniversal holds the U.S. rights for the Olympics, airing the games on its TV networks and Peacock streaming service, Warner Bros.

Persons: Rafael Henrique, Discovery, —, Max, Hulu —, I've, David Zaslav, Zaslav, NBCUniversal, Discovery's Max Organizations: Warner Bros, Getty, Discovery, TNT, Justice League, Disney, Hulu, CNBC, Warner Bros . Discovery, Fox Corp, Sports, NBA, Olympics Locations: U.S, Paris, Europe

It turns out that a long pause between Federal Reserve rate actions is historically good for stocks, according to LPL Financial. The pause, which has reached 280 days, is the second-longest in modern market history, LPL noted, behind only the 2006-07 pause that reached 446 days. "Long pauses are typically good for stocks, and the gains achieved since the Fed's last hike in July 2023 are consistent with recent history," said Jeff Buchbinder, chief equity strategist at LPL Financial. "The pace and rise of the S & P 500 during that time are in line with what we are seeing now." Still, the strategist observed that the sectors that have historically outperformed during long pauses are financials and energy, which generally return 15% for the period.

Persons: LPL, Jeff Buchbinder, Buchbinder Organizations: Financial, Investors, LPL

☆ Golden visas attracted wealthy Americans to Southern Europe. Then their housing crisis followed.
▼ + stars: | 2024-05-09 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

This is in part the doing of so-called "golden visas," hugely popular residency visas for foreign investors. And they purchased more Portuguese golden visas than any other nationality in 2022. Related storiesBut as Portugal has experienced a worsening housing affordability crisis, Portuguese public opinion on golden visas has soured. Last year, the country changed the terms of its golden visa program to exclude real estate investment. Other southern European countries are following suit, similarly pointing to skyrocketing real estate prices.

Persons: —, They're, they're, João Pereira dos Santos, Pereira dos Santos, Nuno Fazenda, Holger Schmieding, Schmieding, David Zorrakino Organizations: Service, Business, The New York Times, School of Economics, Finance, Queen Mary University of London, State, Tourism, Trade, Services, Bloomberg, Berenberg Bank, Getty, European Central Bank, Paris Locations: Greece, Portugal, Tourism, Lisbon, Athens, Spain, Southern Europe, Portuguese, London, Ramblas, Barcelona, Catalonia, Europe, Germany, Netherlands, France

☆ Over-reliance on the Fed caused market volatility, says Jefferies' David Zervos
▼ + stars: | 2024-05-08 | 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 EmailOver-reliance on the Fed caused market volatility, says Jefferies' David ZervosDavid Zervos, Jefferies chief market strategist; Peter Boockvar, CIO of Bleakley Financial Group; and CNBC's Steve Liesman join 'The Exchange' to discuss the Federal Reserve's pivot on interest rates.

Persons: Jefferies, David Zervos David Zervos, Peter Boockvar, Steve Liesman Organizations: Fed, Jefferies, Bleakley Financial

☆ David Zervos: Blame traders living in rate cut la-la land — not the Fed — for recent market turbulence
▼ + stars: | 2024-05-08 | by ( David Zervos | Jefferies Chief Market Strategist | ) www.cnbc.com time to read: +3 min

This year the rate markets have come back to a more sensible reality after flirting with the la-la land of 7 cuts. And all the while, the more sensible equity markets have paid only fleeting attention to their rate brother's whining. As a guy who was brought up in the fixed income and currency markets, I'm increasingly finding more sensibility in the equity markets as I head into later stages of my career. Having five-year inflation expectations (as measured by the 5-year breakeven inflation rate) never ramp higher while cumulative inflation surged around 20% since January 2021 is a testament to his stalwart success. There have been no fumbles at the Fed so far during a protracted fight to ensure anchored inflation expectations and long term price stability.

Persons: Consensonomics, Jerome Powell's, Jay, Janet Yellen's, Janet, Stanley Druckenmiller, I'm, David Zervos Organizations: Equity

"The Fed is the central bank most able to chart its own course," Citi economist Andrew Hollenhorst said in a client note Wednesday. It was the first time the Riksbank had cut since 2016 and takes its main policy rate down to 3.75%. The Riksbank's move was the second central bank cut of the year, as the Swiss National Bank reduced its key rate a quarter point in March in what was seen as a surprise action. Reductions from the Bank of England and European Central Bank are expected to come next, possibly within a month. "With the exception of Japan, developed markets are embarking on a program of rate cuts," Hollenhorst said.

Persons: Andrew Hollenhorst, BOE, Mark, Bailey, Citi's Hollenhorst, Christine Lagarde, CNBC's Sara Eisen, Lagarde, Hollenhorst Organizations: U.S . Federal, Citigroup, Citi, Sweden's, Swiss National Bank, Bank of England, European Central Bank, Bank of America Locations: U.S, Japan

☆ Watch CNBC's full interview with David Zervos and Anne Walsh at Milken Conference
▼ + stars: | 2024-05-07 | 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 EmailWatch CNBC's full interview with David Zervos and Anne Walsh at Milken ConferenceHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: David Zervos, Anne Walsh, Brian Sullivan, “ Organizations: CNBC

☆ Qualcomm shares spike on earnings and revenue beat
▼ + stars: | 2024-05-01 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQualcomm shares spike on earnings and revenue beatDavid Zervos, Jefferies chief market strategist, and Victoria Greene, G Squared Private Wealth CIO, join 'Closing Bell Overtime' to talk Qualcomm quarterly results.

Persons: David Zervos, Victoria Greene Organizations: Qualcomm, Jefferies, Private Wealth

☆ Warner Bros. Discovery’s stock plummets to new low amid concerns the media giant could lose its NBA rights
▼ + stars: | 2024-05-01 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

Discovery doesn’t “have to have the NBA.” It appears Wall Street disagrees. TNT has built a programming slate around the NBA games, most notably the highly rated ”Inside the NBA” show. Losing the rights to NBA games could throw aspects of that business partnership into question. Since WBD first began trading on Wall Street in April 2022, the stock has lost roughly 70% of its value. And for Zaslav, whose company is struggling on Wall Street, the battle could not come at a more inopportune time.

Persons: New York CNN — David Zaslav, “, WBD, —, Joe Flint, Amol Sharma, Isabella Simonetti —, Charles Barkley, Andrew Marchand, Warner, That’s, NBCU’s, I’m, Zaslav, Gunnar Wiedenfels, Wiedenfels ’, Bob Iger, David Ellison’s, ” Organizations: New York CNN, Warner Bros, NBA, CNN, Industry, WBD, TNT, The Athletic, New York Post, NCAA, MLB, NHL, NASCAR, Disney, Fox Corporation, Netflix, Paramount Global, Wall Locations: New York

☆ NBC Sports could buy back rights to iconic theme song 'Roundball Rock' if it airs NBA games again, composer John Tesh says
▼ + stars: | 2024-04-30 | by ( Alex Sherman | ) www.cnbc.com time to read: +1 min

Warner Bros. Warner Bros. He's said he's not interested in being in the "rental business," as is the nature of licensing sports rights, though he has also expressed optimism about retaining NBA rights. Spokespeople for Warner Bros. Discovery, NBC and the NBA declined to comment.

Persons: John Tesh's, NBCUniversal, Comcast's NBCUniversal, David Zaslav, He's, he's Organizations: National Basketball Association, NBC, NBA, CNBC, Street Journal, Disney, Warner Bros, Warner Bros . Discovery, Comcast, Discovery

☆ The FTC says Jeff Bezos and Amazon execs used Signal to talk business — and it wants to know more
▼ + stars: | 2024-04-26 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Amazon execs used messaging app Signal to discuss business matters, the Federal Trade Commission said. The agency wants to know if execs told Amazon staff to delete messages, and when to use Signal. AdvertisementAmazon's top executives used the encrypted messaging app Signal to discuss "sensitive business matters," the Federal Trade Commission said in a court filing on Thursday. The founder said, "Are you on signal messaging app? "Amazon also recognizes that sellers believe 'that it has become more difficult over time to be profitable on Amazon,'" the FTC filing stated.

Persons: execs, —, Jeff Bezos, Andy Jassy, David Zapolsky, Jeff Wilke, Dave Clark, Tim Doyle, Mike Hopkins, Carlo Bertucci, Amazon's, Zapolsky Organizations: Federal Trade Commission, Amazon, Service, FTC, Amazon MGM Studios

☆ Warner Bros.' boss made bank last year, despite the Hollywood strikes
▼ + stars: | 2024-04-19 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Warner Bros. Zaslav's compensation increased despite actors' and writers' strikes, topping his 2022 earnings. Warner Bros. reported losses for the year despite Zaslav's increased compensation. The CEO of Warner Bros. Related storiesDespite both the actors' and writers' strikes that lasted nearly 4 and 5 months respectively, Zaslav's pay for the year went up.

Persons: David Zaslav, — Organizations: Warner Bros, Discovery Inc, Service, WarnerMedia, Street Journal

☆ Zaslav Receives $50 Million for Leading Struggling Warner Bros. Discovery
▼ + stars: | 2024-04-19 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

David Zaslav, the chief executive of Warner Bros. Mr. Zaslav’s compensation for 2023 is notable, however, because Warner Bros. In addition, Warner Bros. Discovery shareholders sent a clear message about Mr. Zaslav’s pay at the company’s most recent annual meeting: It’s too high. In a nonbinding “say on pay” vote, only 50.8 percent of shareholders approved of the $39.3 million he was paid in 2022.

Persons: David Zaslav, Zaslav’s Organizations: Warner Bros, Securities and Exchange Commission, Revenue, CNN, Discovery, ISS

☆ Our financial sectors are in incredible shape, says Jefferies' David Zervos
▼ + stars: | 2024-04-10 | 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 EmailOur financial sectors are in incredible shape, says Jefferies' David ZervosDavid Zervos, Jefferies chief market strategist, joins 'Squawk on the Street' to discuss his take on the CPI print and the equity market's reaction, if the strategist is looking for rate cuts this year, and more.

Persons: Jefferies, David Zervos David Zervos Organizations: Jefferies

☆ Why the DC Universe reboot could give WBD's streaming business a much-needed jolt
▼ + stars: | 2024-04-05 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

However, WBD's upcoming reboot of the DC universe may help move the needle for Max, according to Bank of America lead media analyst Jessica Reif Ehrlich. AdvertisementWBD is now rebooting its superhero franchise with the DC Universe, or DCU for short, which will have films with interconnected storylines like Marvel has. Reif Ehrlich said new DC films and series could be cross-sold across Max, cable, and free, ad-supported streaming TV channels. AdvertisementAlthough WBD's cable channels are suffering as millions of US households cut the cord, Reif Ehrlich said this dual-distribution method is an effective marketing mechanism. "WBD can employ this same playbook to promote the launch of the new DC universe and other high-value content," Reif Ehrlich wrote.

Persons: —, WBD's, HBO Max, Max, Jessica Reif Ehrlich, WBD, Marvel, James Gunn —, Reif Ehrlich, Kate Taylor, David Zaslav Organizations: Service, Warner Bros, Netflix, HBO, Warners, Nielsen, Business, Bank of America, Disney, Marvel, DC, DCU, Max, Hollywood, HGTV, Food Network

☆ Opinion: Trump videos send wildly different messages
▼ + stars: | 2024-03-31 | by ( Richard Galant | ) edition.cnn.com time to read: +19 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. In a video promoting the Bible, Trump said, “Religion and Christianity are the biggest things missing from this country. … we need to bring them back.”On Good Friday, Trump posted a very different kind of video. It showed an image of President Joe Biden lying sideways and tied up in the bed of a pickup truck. “Robert F. Kennedy Jr.’s independent presidential campaign can’t win, but it could swing the presidency to former President Donald Trump,” Begala wrote.

Persons: Matthew Arnold, Homer, King James, Donald Trump, ”, Lee Greenwood’s, AJ Willingham, Trump, Joe Biden, Drew Sheneman, MAGA, Biden, Fareed Zakaria, ” Zakaria, Candida Moss, he’ll, he’s, Barack Obama, Bill Clinton, Julian Zelizer, ” “, …, ” Clay, “, Obama, “ Obama, CNN Trump, —, Attorney Alvin Bragg, “ Trump, Stormy Daniels, ” Norman Eisen, Andrew Warren, James Antle III, stoked, Letitia James, Dali, Francis Scott Key, Tasos Katopodis, Richard Timme, ” Timme, Salvatore R, Mercogliano, ’, Jalal Baig, Catherine, Princess of Wales, Baig, Paul Hockenos, “ It’s, Robert F, Kennedy Jr, Nicole Shanahan, Eric Risberg, Paul Begala, Ross Perot, George H, Bush, “ Robert F, can’t, ” Begala, ” Shanahan “, Sergey Brin, Hillary Clinton, Pete Buttigieg, Ro Khanna, Lee Drutman, Mark Osler, Jill Filipovic, Lisa Murkowski, Obeidallah, Johnson Ronna, Ronna McDaniel, Justin Sullivan, McDaniel, ” McDaniel, David Zurawik, Jack Ohman, Walt Handelsman, Tim Hubbard, Dennis Muilenburg —, Max, David Calhoun, ‘, ” Hubbard, Annelle, ” Sheline, ” Don’t, Frida Ghitis, Putin, Howard Fischer, Keith O’Brien, Pete Rose, Nick Anderson, Agency Sara Stewart, Mary Ziegler, Patrick T, Brown, shouldn’t, Emma Firth, Carter ’ Parkwood, Roxanne Jones, Cowboy Carter, Beyoncé, ” Jones Organizations: CNN, Oxford University, New, Trump, Nasdaq, NYPD, Hollywood, Biden, Cupp, Obama, Manhattan, Attorney, Democratic, US Coast Guard, Baltimore, Federal Highway Administration, RFK Jr, RFK, Google, The New York Times, Republican National Committee, NBC News, “, Press, NBC, MSNBC, Content Agency Boeing, Notre Dame, Boeing, US State Department, Israel, Tribune, Agency, Sony, AP Locations: Independence, New York City, America, New, Manhattan, Queens, New York, Baltimore, Coast, Suez, Port, China, Argentina, Red, Gaza, Wales, Northern California, California, Israel, Columbia

☆ The BOJ's decision to hike rates isn't a move toward a 'very hawkish' stance, strategist says
▼ + stars: | 2024-03-19 | 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 EmailThe BOJ's decision to hike rates isn't a move toward a 'very hawkish' stance, strategist saysDavid Zervos, chief market strategist at Jefferies, discusses the Bank of Japan's historic decision to raise interest rates for the first time in 17 years.

Persons: David Zervos Organizations: Jefferies, Bank of

☆ It's a do-or-die moment for debt-riddled Warner Bros. Discovery's live-sports strategy as it vies for NBA rights
▼ + stars: | 2024-03-08 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

WBD generated $6.2 billion of free cash flow through 2023 and likely shelled out around $1.4 billion of that for NBA games. Analysts estimate that figure would be closer to $2 billion if WBD re-ups its NBA package. WBD wants a big NBA deal, despite Wall Street's wishesSixteen months ago, Zaslav said WBD didn't "have to have" the NBA. NBA ratings have been lackluster lately, with national TV games averaging 1.6 million viewers in the last two seasons. Zaslav's latest public remarks on the NBA negotiations reflect that.

Persons: —, Shaquille O'Neal, Charles Barkley, Tim Nollen, Max, Jason Bazinet, WBD, David Zaslav, it's, Jessica Reif Ehrlich, Wall, Zaslav, John Hodulik, Chuck, Ernie Johnson Organizations: Service, Basketball Hall of Famers, NBA, TNT, ESPN, Warner Bros, Business, Media, Amazon, NBC, Comcast, Apple, Netflix, WWE, Macquarie, Disney, Fox, Cable, Citigroup, Warners, of America, Street, Zaz, UBS Locations: Shaq

☆ SpaceX-backed startup says preorders for its $300,000 futuristic flying car have reached 2,850
▼ + stars: | 2024-03-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

watch nowBARCELONA, Spain — Alef Aeronautics, a SpaceX-backed flying car firm, says it has reached 2,850 preorders for its futuristic electrical vertical takeoff and landing (eVTOL) vehicle. Dukhovny calls Alef's vehicle the "first flying car in history." "But we always had the idea that it has to be a car, a physical car, a regular car, as you can see it's an eVTOL, an electric car. Alef's car is mainly designed to be driven on the road, but will be able to take to the skies, too. To drive on the road, the car uses four small engines in each of the wheels, and will drive similar to a normal electric car.

Persons: Jim Dukhovny, Dukhovny, David Zorrakino, Tim Draper, Elon Organizations: Spain — Alef Aeronautics, SpaceX, Alef Aeronautics, Boeing, Airbus, Joby Aviation, CNBC, Mobile, Europa Press, Getty, SKTelecom Locations: BARCELONA, Spain, San Mateo , California, Alef, Germany, Korean

☆ The Oscars Give Hollywood a Chance to Celebrate. After That? It’s Grim. - The New York Times
▼ + stars: | 2024-03-01 | by ( Mark Harris | ) www.nytimes.com time to read: +2 min

The Oscars are the climax of an awards season that’s a prolonged exercise in collective congratulation, and in early March the rest of the year still looks bright. The Sundance Film Festival and its attendant bidding wars have wrapped up, offering nothing but promise and excitement. At the box office, the biggest bets of the year have typically not yet opened and thus have not yet bombed. For Hollywood, 2023 was not so much a disaster as a preview of disasters to come. That fury persists: Each new headline about the huge compensation package for Robert Iger, Disney’s chief executive, or decisions by David Zaslav, the chief executive of Warner Bros.

Persons: that’s, blithely, Robert Iger, David Zaslav Organizations: Sundance Film, Hollywood, Warner Bros

Search resuls for: "David Z"

25 mentions found