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NBCUniversal's sports portfolio has been driving growth at its streaming service Peacock, and the company has no plans to let up, with other sports rights deals top of mind. Sports are a double-edged sword for media companies contending with relentless cord cutting and trying to make their streaming services profitable. At the same time, sports are serving as a propeller of growth for streaming, especially for fledgling services such as Peacock and Paramount Global's Paramount+. NBCUniversal's parent company, Comcast , on Thursday touted that Peacock nearly doubled its customer count year over year to 24 million. According to Cavanagh, simultaneous streaming has given the company and its sports assets "tremendous reach," and all at a lower cost to the consumer.
Persons: Travis Kelce, Raymond James Stadium, Peacock, Mike Cavanagh, Cavanagh, it's Organizations: Kansas City Chiefs, Tampa Bay Buccaneers, Paramount, Comcast, Sports, NFL, Nascar, Premier League, Telemundo —, Paris Olympics, Sunday, Football, Premier League soccer
CNN —Microsoft, Google and other leading artificial intelligence companies committed Friday to put new AI systems through outside testing before they are publicly released and to clearly label AI-generated content, the White House announced. President Joe Biden will meet with top executives from all seven companies at the White House on Friday. The White House also sought input from non-industry AI safety and ethics experts. In the meantime, White House officials say the companies will “immediately” begin implementing the voluntary commitments and hope other companies sign on in the future. And they may choose – and we would welcome them choosing – joining these commitments,” a White House official said.
Persons: Joe Biden, , Bruce Reed, we’ve, Reed, , James Steyer, , ” Reed, Biden, Kamala Harris, readying Organizations: CNN, Microsoft, Google, White House, White, House, Media, Capitol Locations: cybersecurity
It’s like there’s no point in asking who started this because it’s a really, really old antagonism. I think that’s probably what’s most critical right now is that all of our entertainment, our news media, it’s all made in cities. And he’s really pretty horrible, and he doesn’t feed them enough, and that’s really sad. You’re going to have a flat tire, and the guy that pulls up to help you is going to tell your dad within minutes. It’s not like most books you’re going to see.
Persons: Ezra Klein, ezra klein, , Hernan Diaz, Barbara Kingsolver, “ David Copperfield ”, Dickens, It’s, barbara kingsolver, you’ve, ezra klein We’re, Nobody, I’d, I’ve, Bobby Ann Mason’s, , — Wendell Berry, Robert Penn Warren, James Still, Harriette, Taylor Greer, you’re, George Washington, ” he’s, — he’s, he’s, I’ll, They’re, George W, Bush, they’re, barbara kingsolver You’re, we’ve, That’s, that’s, I’m, ” barbara kingsolver, barbara kingsolver Oh, barbara kingsolver ezra klein barbara kingsolver, ezra klein Yes, we’re, Charles Dickens, “ David Copperfield, , Tommy, ” It’s, ezra klein There’s, barbara kingsolver There’s, Tommy Traddles, Tommy Waddles, who’s, He’s, We’re, Tommy’s, she’s, it’s, Beth Macy, overdosed, ” ezra klein, There’s, grandkids, they’ve, Dori, doesn’t, Peggot, Frances Goldin, Arwen Donahue, She’s, Beth Macy’s, Lazarus, Laline Paull, ezra klein Barbara Kingsolver Organizations: New York, Fiction, Trump, Nicholas County High School, DePauw University, Walmart, The New York Times, . Times, New York Times, Farmers, , Knoxville —, Purdue Pharma, Purdue, aha, Scots Locations: Appalachia, It’s, Georgia, Tennessee, North Carolina, Virginia, Kentucky, West Virginia, Pennsylvania, U.S, exploitations, Congo, Caribbean, Indiana, Nicholas, Arizona, Europe, Tucson , Arizona, Tucson, Paris, Athens, France, “ Shiloh, MAGA, America, Brazil, Eastern Europe, There’s, California, New York, , Tommy, Pennington, Knoxville, there’s, nove, Lee County, that’s Lee County, that’s, United States of America, who’s, New York City
Opinion | A Look Back at Our Coming War With China
  + stars: | 2023-07-18 | by ( Carlos Lozada | ) www.nytimes.com   time to read: +4 min
For instance, what if China seeks to take the island by force and Washington opts to not respond? Published in 2021, “2034,” is basically a beach read about how we get to nuclear war. In “The Avoidable War,” Rudd cautions that the incentives for Beijing and Washington to escalate hostilities, whether to save lives or save face, “could prove irresistible.” Ackerman and Stavridis follow that script. Both the United States and China view themselves in exceptional terms, Allison explains, as nations of destiny. “China will be a falling power far sooner than most people think,” Brands and Beckley declare.
Persons: ” Kevin Rudd, ” Rudd, Rudd, , Elliot Ackerman, James Stavridis, , Allison, Thucydides, ” Ackerman, , Xi Jinping, China’s Organizations: Marine, NATO, Harvard, U.S, . Security, Brands, Beckley, ” Brands Locations: Xi, China, Australia, Taiwan, Washington, Munich, United States, Iraq, Afghanistan, South China, U.S, Beijing, San Diego, Shanghai, India, New York, New Delhi, America, China’s, Beckley
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStriking Hollywood workers have handed the companies a short-term gift, says NY Times' Jim StewartJames Stewart, New York Times columnist, joins 'Squawk Box' to discuss the state of the Hollywood strike, the impact on productions and media companies, and more.
Persons: Jim Stewart James Stewart Organizations: NY Times, Jim Stewart James Stewart , New York Times, Hollywood Locations: Jim Stewart James Stewart ,
David Petraeus told CNN that Putin's invasion was a "catastrophically bad decision for his country." "He set out to make Russia great again, and really has made NATO great again," Petraeus said. The retired general had led US forces in Iraq and Afghanistan before serving as CIA director. Petraeus told CNN in March 2022 — a month after the invasion — that he thinks the Russian army "clearly have very poor standards when it comes to performing basic tactical tasks." And in February, Petraeus told CNN that it's now clear Putin is waging a ruthless war of attrition in Ukraine.
Persons: David Petraeus, Petraeus, Vladimir Putin's, Putin, CNN's Jake Tapper, James Stavridis, Stavridis, Organizations: CNN, NATO, Service, CIA, MSNBC, US Army Locations: Russia, Iraq, Afghanistan, Wall, Silicon, Ukraine, Vilnius, Lithuania
CNN —Scientists have identified the geological site that they say best reflects a proposed new epoch called the Anthropocene — a major step toward changing the official timeline of Earth’s history. “We’ve moved into this new Earth state and that should be defined by a new geological epoch,” Waters added. On Tuesday, the scientists announced the geological site — Crawford Lake in Ontario, Canada — that best captures the geological impact of the Anthropocene, according to their research. Annual sediment samples from the Crawford Lake site have revealed geochemical traces of nuclear bomb testing, researchers have confirmed. The alpha spectrometry output shown on the screen indicates the presence of plutonium in a Crawford Lake drill core sample.
Persons: , Colin Waters, “ We’ve, Waters, eon, James St, Andrew Knoll, , ” Knoll, Crawford, AWG, Crawford Lake, Francine McCarthy, Andrew Cundy, Stan Finney, it’s, Paul Crutzen —, Finney, It’s, stratigraphers, ” Waters, they’re, Andrew Mathews, We’ve, ’ ” Organizations: CNN —, Environment School, University of Leicester, Geologists, Wales, Harvard University, University, Southampton, Brock University, UK’s University of Southampton, International, International Union of Geological Sciences, Geological Congress, California State University, University of Southampton “, University of California Locations: Crawford Lake, Ontario, Canada, Flinders, South Australia, Jura, Crawford, Southampton Crawford, Sudeten, Lake, California, Baltic, Japan, China, Australia, Gulf of Mexico, Busan, South Korea, Long, Santa Cruz
That combination proved perfect for the darkly comic, morally murky world of “Justified.” Olyphant’s performance in the series shifted his previously hit-and-miss career into a higher gear, which in turn has made his future prospects less dependent on the success of the “Justified” revival. Premiering Thursday on Max, the gripping six-episode serial revolves around a botched kidnapping with international repercussions. “Full Circle” was directed by Steven Soderbergh, the latest on a list of talented people with whom Olyphant long wanted to work and now has. Kenneth Lonergan made him the center of his acclaimed play “Hold On to Me Darling” (2016). “You can throw Larry David on the list,” Olyphant said, referring to his appearance as a smarmy groom in “Curb Your Enthusiasm” in 2020.
Persons: Olyphant, Dennis Quaid, Claire Danes, Jharrel Jerome, Max, Steven Soderbergh, Quentin Tarantino, James Stacy, David O, Russell, Kenneth Lonergan, Larry David, ” Olyphant, , Boba Fett, Santa Clarita Diet ”, Daisy Jones, ” Soderbergh, Organizations: Hollywood, Wars, Santa, Santa Clarita Diet Locations: New York, , “ Amsterdam, Mormon, “ Fargo, , Santa Clarita
Stromness village in Scotland's Orkney islands. The iconic archipelago is considering the prospect of leaving Britain to become part of Norway. An iconic archipelago off the northeast coast of Scotland is looking at ways it might split off from the U.K. and potentially become a self-governing territory of Norway. Under new proposals brought forward by the local council, the Orkney Islands will explore "alternative forms of governance," including changing its legal status within Britain, as it seeks to provide more economic opportunities for islanders. Under the U.K.'s devolved system of government, Orkney, one of 32 council areas in Scotland, receives allotted funding from the Scottish government.
Persons: James Stockan, Stockan, We've Organizations: BBC Radio Scotland, Scottish Locations: Stromness, Scotland's Orkney, Britain, Norway, Scotland, Orkney, Scottish
[1/3] A memorial to Lord Kitchener, who died when the HMS Hampshire hit a German mine on June 5, 1916, is seen at Marwick Head on the Orkney Islands, Scotland May 3, 2014. REUTERS/Nigel Roddis/File PhotoLONDON, July 3 (Reuters) - Britain's Orkney Islands, an archipelago about 10 miles off the north coast of Scotland, is considering "alternative forms of governance" which could include becoming part of Norway, its council leader said on Monday. Orkney's historic Nordic connections give it options, Stockan believes. A row over funding for new ferries between the islands and Scotland has brought Orkney's situation to a head. Stockan wasn't clear about how Orkney's return to Norway, 250 miles across the North Sea, would work.
Persons: Lord Kitchener, Nigel Roddis, James Stockan, Stockan, Orcadians, Christian I, King of, Scotland's James III, Victoria Klesty, David Holmes Organizations: HMS Hampshire, REUTERS, Scottish, BBC Radio, Channel, England, Thomson Locations: Orkney Islands, Scotland, Orkney, Norway, Faroe Islands, Denmark, British, King of Denmark, Sweden, United Kingdom, Oslo
Crypto is dead: long live crypto!
  + stars: | 2023-06-16 | by ( Felix Martin | ) www.reuters.com   time to read: +8 min
The end of near-zero interest rates, quantitative easing and pandemic-era fiscal stimulus has sent prices crashing back to earth. Rising real interest rates have proved to be kryptonite for crypto, as for so many other speculative assets. The normalisation of interest rates may have done for crypto in its most recent incarnation as a get-rich-quick scheme. The proposition that the circulation of private currencies might be economically beneficial has also been around for a while. Nevertheless, history shows that for privately issued currencies to attain critical mass it has typically required more than just the availability of viable alternatives.
Persons: cryptocurrencies, Gary Gensler, noncompliance, Balaji Srinivasan, marc ”, Paul Krugman, Friedrich Hayek’s, Money ”, James Steuart, , Crypto, Long, Peter Thal Larsen, Oliver Taslic Organizations: Reuters, U.S . Securities, Exchange Commission, Coinbase, SEC, State, Brixton, counterparties, Central Bank of, Thomson Locations: Ithaca, Scottish, United States, Central Bank of Argentina
As a result, he is staying away from assets that could be hit hard if market stress suddenly increases, such as small cap stocks. The S&P 500 edged up 0.1% on Wednesday after shuffling between gains and losses. The S&P 500 is up 15% this year, while the Nasdaq (.IXIC) has gained 30%. Mark Heppenstall, chief investment officer of Penn Mutual Asset Management, believes a burgeoning stock market rally could loosen credit conditions, threatening to exacerbate consumer prices - an undesirable outcome for the inflation-fighting Fed. The S&P 500 is up 14% from a low reached after the banking crisis in March.
Persons: , Josh Emanuel, Emanuel, James St . Aubin, Jeffrey Gundlach, Mark Heppenstall, Josh Jamner, Davide Barbuscia, David Randall, Ira Iosebashvili, Sam Holmes Organizations: YORK, Federal, Wilshire, Nasdaq, Sierra Investment Management, DoubleLine Capital, CNBC, Fed, Penn Mutual Asset Management, ClearBridge Investments, Thomson Locations: U.S
A new video, clearer than an earlier one, of a close call between US and Chinese destroyers in the Taiwan Strait has come out. The US Navy video shows the Chinese ship cutting off the US vessel. This incident follows another in the air in which a Chinese fighter jet flew directly in front of a US plane. "This is wildly unprofessional and provocative behavior on the part of the Chinese Navy," he said. American and Chinese naval vessels have had other close calls like this in the past, such as when a Chinese destroyer sailed dangerously close to the US destroyer USS Decatur near the Spratly Islands in the South China Sea five years ago.
Persons: , Arleigh Burke, Hoon, James Stavridis, Barry, Li Shangfu, Defense Lloyd Austin, Austin, Li Organizations: US Navy, Service, Fleet, 052D, Suzhou, Pacific Command, People's Liberation Army Navy, American, Twitter, Chinese Navy, PLA Navy, US, South China, US Air Force, Defense Locations: Taiwan, American, Montreal, Chinese, Decatur, Spratly, South, China, Singapore
Elon Musk gave Walter Isaacson full access for a new biography. According to the story, Licht gave Alberta hours and hours of on the record interviews over the fall of 2022, through the winter, and into the spring. Licht took Alberta on a train ride. Another really famous example is Steve Jobs allowing Walter Isaacson into his life in a way he'd never done before. All of which leads me to something really exciting on the horizon for us readers: Walter Isaacson's forthcoming biography of Elon Musk.
Persons: Elon Musk, Walter Isaacson, I'm, Chris Licht, Tim Alberta, Licht, Michael Eisner, James Stewart, Stewart, Rupert Murdoch, John DeLorean, Richard Branson, Dick Fuld, Rudy Giuliani, Nikki Haley, Steve Jobs, Jobs, Walter Isaacson's, Isaacson, Musk, Ackbar Organizations: CNN Locations: The, Alberta
Twitter fumbles coverage of Ron DeSantis candidacy announcement
  + stars: | 2023-05-25 | 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 EmailTwitter fumbles coverage of Ron DeSantis candidacy announcementSara Fagan, CEO of Deep Root Analytics, and James Stewart, columnist at The New York Times, join 'The Exchange' to discuss Florida Governor Ron DeSantis announcing his 2024 presidential campaign, concerns over Twitter's ability to host digital town halls, and growing fragmentation across media platforms.
Persons: Ron DeSantis, Sara Fagan, James Stewart Organizations: The New York Times, Florida
Disney reportedly considering standalone ESPN streaming channel
  + stars: | 2023-05-18 | 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 EmailDisney reportedly considering standalone ESPN streaming channelJames Stewart, New York Times columnist, joins 'Fast Money' to break down the latest escalation in the Disney vs. DeSantis feud and the Wall Street Journal report that Disney is considering moving ESPN exclusively to streaming.
Opinion: What Trump gets right on Ukraine
  + stars: | 2023-05-13 | by ( Opinion Daniel R. Depetris | ) edition.cnn.com   time to read: +8 min
For many political pundits and politicians, his observations on the war in Ukraine were no exception. Asa Hutchinson, who is challenging Trump for the 2024 nomination, declared that “Trump reminded everyone tonight of his support of Russia and his willingness to sell out Ukraine. The major difference between the Biden administration and Trump on the Ukraine question seems to be not whether talks should happen, but when. Another point Trump gets right is the vast disparity between the US and its European allies on the issue of assistance to Ukraine, even if his grossly exaggerates the amount of US aid. Join us on Twitter and FacebookTo be clear, some of what Trump said at the town hall about Ukraine was incorrect.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney CEO Bob Iger says Disney+ is on a path towards profitability despite subscriber lossCNBC Contributor and New York Times Columnist James Stewart joins 'Fast Money' to talk Disney earnings as the company announces plans to combine Disney+ and Hulu.
It's good to be Morgan Stanley these days. Amid a difficult market for Wall Street banks — thanks in large part to non-existent deal flow — Morgan Stanley's massive wealth business has been paying off big time. But Morgan Stanley's success isn't coming in a vacuum. -Meanwhile, UBS, arguably Morgan Stanley's biggest competitor in the space, was begrudgingly saddled with Credit Suisse's carcass. With wealth advisors, a key part of hiring includes offering "bonuses" that are actually loans.
James Stavridis, a retired Navy Admiral, is leading a new leadership program for Carlyle partners. Now, he's leading a new training course for the firm's partners called the Admiral Leadership Program. James Stavridis, a retired four-star Admiral, served in the Navy for 37 years before joining Carlyle in 2018. Inside Carlyle's first training program for partnersAbout 15 partners at Carlyle, from ESG to credit and tech, are participating in the Navy admiral's leadership program. Anna Tye, a partner on Carlyle's technology investing team, is also part of the leadership program.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney isn't driving the feud with Gov. Ron DeSantis, says NYT's James StewartNew York Times columnist James Stewart and CNBC's Brian Schwartz discusses the feud between Disney and Florida. Hosted 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.
For those who already subscribe to YouTube TV, which costs $72.99 a month, the base "Sunday Ticket" package will cost an additional $349 for the season. And though you can bypass the YouTube TV subscription and still snag Sunday Ticket, it will come at a cost. YouTube TV became the newest home of the Sunday Ticket package in December, in a deal that will see the tech giant shell out roughly $2 billion annually for the rights, CNBC previously reported. There was a real opportunity to price this in a smart way, and we worked really closely with the NFL," Oestlien said. The package cost $79.99 a month for the base option, or $149.99 a month for extra features, on top of a DirecTV subscription.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBob Iger slams Ron DeSantis: Disney CEO calls Florida governor's policies 'antibusiness'Hosted 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. James Stewart, The New York Times columnist and CNBC contributor, and Tara Palmeri, Puck senior political reporter, join the show to discuss the power struggle between Disney CEO Bob Iger and Ron DeSantis.
What Disney laying off Ike Perlmutter suggests
  + stars: | 2023-03-29 | 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 EmailWhat Disney laying off Ike Perlmutter suggestsNew York Times reporter James Stewart joins 'Closing Bell' to discuss Bob Iger's return to Disney, and laying off Ike Perlmutter, chairman of Marvel Entertainment.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Simultaneous events' of both gold and the U.S. dollar earlier this week were unusual, HSBC saysJames Steel of the bank gives its upside target for gold this year.
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