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REUTERS/Thomas White/Illustration Acquire Licensing RightsMUMBAI, Sept 22 (Reuters) - Indian bond markets won't see a jump in volatility in the near-term after JPMorgan (JPM.N) announced India's inclusion in its widely tracked emerging market debt index, BlackRock's head of Asia Pacific fixed income said on Friday. JPMorgan said 23 Indian Government Bonds (IGBs) with a combined notional value of $330 billion were eligible for inclusion in its Government Bond Index-Emerging Markets (GBI-EM) index and index suite, benchmarked by about $236 billion in global funds. Given the size of the $2 trillion global government bond market, it may add only a little bit to the volatility in Indian bond markets, Seth told the Reuters Global Markets Forum. Foreign investor buying in Indian bonds has remained tepid with net purchases of $3.4 billion so far in 2023. He also pointed to investment-grade credit in Asia and higher quality emerging market bonds, in a "tilt towards quality" as macro uncertainties persist.

Persons: Thomas White, Neeraj Seth, Seth, Divya Chowdhury, Savio Shetty, Alex Richardson Organizations: REUTERS, Rights, JPMorgan, Asia Pacific, Government, BlackRock, Reuters Global Markets, Thomson Locations: India, Rights MUMBAI, Asia, Mumbai

But the Fearless Fund is a tiny player in the approximately $200 billion global venture capital market. Less than 1% of venture capital funding goes to businesses owned by Black and Hispanic women, according to the nonprofit advocacy group Digitalundivided. The lawsuit against the Fearless Fund was filed by Edward Blum, the conservative activist who filed the affirmative action cases before the Supreme Court. Fearless Fund has invested more than $2 million in Thirteen Lune, founded by Nyako Griego. The combined share of venture capital funding received by Black and Latina founders briefly surpassed 1% in 2021 before dipping back below that threshold in 2022, according to Digitalundivided.

Persons: ”, Arian Simone, it's, Simone, ” Simone, Fearless, Edward Blum, Blum, ” Blum, Ben Crump, Marc Rosen, Thirteen, Sephora, Kohl's, Rosen, They’re, ” Rosen, Nyako Griego, George Floyd, Morgan Chase, Associated Press Retail Writers Anne D'Innocenzio, Haleluya Hadero Organizations: Fearless Fund, Black, Associated Press, Civil, American Alliance, Equal, AP, Fund, Court, Latina, Bank of America, Mastercard, Associated Press Retail Writers Locations: Atlanta, Texas, Florida, U.S, Lune

5 best country in the world, according to the 2023 Best Countries rankings, which were based on a survey of more than 17,000 people and gathered perceptions about 87 nations. 10 best country overall, five spots lower than where it placed in the overall rankings. best country overall, five spots lower than where it placed in the overall rankings. America ranks well across the majority of the attributes in the annual Best Countries rankings, but it dropped into the bottom 10 (No. 5 best country overall, following Switzerland, Canada, Sweden and Australia.

Persons: Donald Trump, “ Organizations: United, U.S, America, United Arab Emirates, United Nations, SIX FIVE Locations: United States, U.S, America, United Kingdom, Switzerland, United Nations, Canada, Sweden, Australia, China, Turkey, Indonesia, Saudi Arabia, New Zealand

☆ Big pharma's blockbuster obesity drug battle is just getting started, and it's headed for $100 billion
▼ + stars: | 2023-09-09 | by ( Bob Woods | ) www.cnbc.com time to read: +13 min

In this article LLYNOVO.B-DK Follow your favorite stocks CREATE FREE ACCOUNTOzempic drug to treat diabetes. Since Wegovy and Mounjaro have been on the market, "neither company can make the drug fast enough," she said. The Food and Drug Administration approved Ozempic in 2017 for diabetes and Wegovy in 2021 to treat obesity. Mounjaro, introduced in 2022 to treat diabetes, contains GLP-1, plus GIP, a similar appetite suppressor that can lead to weight loss. Coverage for Mounjaro ($1,023 per month) to treat diabetes varies based on an individual's insurance plan and drug benefits.

Persons: Eli Lilly, Novo's, Lilly's, Emily Field, Lilly, David Ricks, CNBC's Jim Cramer, Ozempic, Novo, Mounjaro, George Frey, Lars Fruergaard Jorgensen, Wajahat Mehal, Tom Carper, Bill Cassidy of, We've, Camilla Sylvest, there's, Sylvest, Cowen, What's, It's, Mike Mason, Amgen, Emmanuel Papadakis Organizations: Novo Nordisk, Pfizer, Amgen, Barclays, Nordisk, Drug Administration, Mounjaro, SVB Securities, Food and Drug Administration, Pharmacy, Reuters Novo, Novo, Wegovy, European Union, Medicare, Yale School, Metabolic, Congressional Black Caucus, CDC, pharma, American Medical Association, , Big Pharma, American Diabetes Association, Deutsche Bank Locations: Lilly, Denmark, Provo , Utah, U.S, European, Delaware, Bill Cassidy of Louisiana, Novo, Kalundborg, Hillerød, Boone County , Indiana

Disney owns two-thirds of Hulu, while Comcast owns the rest. "Hulu has far greater value than when they struck the $27 billion agreement with Disney ... Comcast wants to get maximum value out of this." Hulu had 48.3 million subscribers at the end of the most recent quarter, compared with 24 million paid subscribers for Comcast's Peacock streaming service and 105.7 million global subscribers for Disney+. Greenfield applauded Disney CEO Bob Iger for agreeing to accelerate the Hulu purchase, saying that waiting until next year is hampering Disney's strategic flexibility. "Whatever Disney chooses to do, having partial ownership of Hulu with Comcast makes anything else they want to do more challenging," Greenfield said.

Persons: Mike Blake, Brian Roberts, ” Roberts, Roberts, Goldman Sachs, ”, Rich Greenfield, Greenfield, Bob Iger, Disney, Iger, Samrhitha, Helen Coster, Dawn Chmielewski, Nick Zieminski, Stephen Coates Organizations: Comcast NBC, REUTERS, Comcast, Disney, “, Technology, Hulu, Thomson Locations: Los Angeles , California, U.S, Hulu, Bengaluru, New York, Los Angeles

REUTERS/Mike Blake/File Photo Acquire Licensing RightsSept 6 (Reuters) - Comcast (CMCSA.O) has moved up the date for the sale or purchase of its remaining stake in Hulu to Disney (DIS.N) to Sept. 30 this year, CEO Brian Roberts said on Wednesday. Disney owns two-thirds of Hulu, while Comcast owns the rest. Under a 2019 agreement, either company can trigger a sale or purchase of Comcast's 33% stake to Disney as early as January 2024. Hulu had 48.3 million subscribers at the end of the most recent quarter, compared with 24 million paid subscribers for Comcast's Peacock streaming service and 105.7 million global subscribers for Disney+. (This story has been corrected to say that Comcast has pulled forward the date, not extended, in the headline.

Persons: Mike Blake, Brian Roberts, ” Roberts, Roberts, Goldman Sachs, ”, Samrhitha, Helen Coster, Arun Koyyur, Anil D'Silva, Nick Zieminski Organizations: Comcast NBC, REUTERS, Comcast, Disney, “, Technology, Hulu, Thomson Locations: Los Angeles , California, U.S, Hulu, Bengaluru, New York

☆ Mattel to release Barbie Women in Sports, it's 2023 Career of the Year doll
▼ + stars: | 2023-09-06 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +3 min

She’s conquered the box office over the summer, breaking numerous records and turning the “Barbie” movie into a $1 billion global sensation. Mattel, on Wednesday, unveiled Barbie Women in Sports, its 2023 Barbie Career of the Year-themed dolls. Mattel announced its 2023 Barbie Career of the year-themed dolls, representing women's careers in sports. Sports Reporter Barbie wears a patterned purple dress with black heels and carries a pink Barbie notebook and microphone. The ‘Barbie’ movie opened July 21.

Persons: New York CNN — Barbie, She’s, Barbie, Barbie ”, ” Mattel, Lionel Messi’s, Mattel, Jen Welter, Barbie Fashionistas Organizations: New, New York CNN, Warner Bros, Warner Bros ., Mattel, Sports, Adidas, Inter Miami, Voice, NFL, Arizona Cardinals, billings Locations: New York

☆ ‘Barbie’ is Warner Bros.’ highest-grossing global release ever
▼ + stars: | 2023-08-29 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

Comscore estimated a global total of $1,341,854,460 through Monday for “Barbie.”On Monday, Warner Bros. said “Barbie” will pass “Harry Potter” to become its highest grossing film globally. “Barbie” and the “Harry Potter” films are distributed by Warner Bros. Pictures, which is owned by CNN’s parent company, Warner Bros. A blockbuster summerJust last week, “Barbie” surpassed “Super Mario Bros.” as the highest-grossing movie at the domestic box office this year. “Barbie” also was crowned Warner Bros. Discovery’s highest-grossing domestic release, beating out “The Dark Knight” in 2008. In late August, “Blue Beetle” — also distributed by Warner Bros. Pictures — unseated “Barbie” from the top of the US box office.

Persons: ”, Harry Potter, Greta Gerwig’s “, “ Barbie, Harry Potter ”, “ Barbie ”, Barbie ’, Paul Dergarabedian, ” Dergarabedian, Dergarabedian, Mario, “, Knight ”, Gerwig, — Organizations: New, New York CNN, Warner Bros, Disney, Star Wars, Office, Century Fox, Warner Bros . Pictures, Warner Bros ., Mattel, Discovery’s Locations: New York

☆ 'Oppenheimer' shows Christopher Nolan is the prestige box office hero Hollywood needs
▼ + stars: | 2023-08-29 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

LOS ANGELES — Christopher Nolan's films, from "The Dark Knight" to "Inception," have been a force at the box office for a solid two decades. As of Sunday, the dizzying, dialogue-heavy three-hour epic has generated around $300 million at the domestic box office, the fifth-most this year, and topped $777 million globally, the fourth-highest, since its July 21 debut. And that's without ever being the number one film at the domestic box office. "Oppenheimer" is Nolan's third highest-grossing domestic release, behind 2008's "The Dark Knight" and 2012's "The Dark Knight Rises." Both "The Dark Knight" and "The Dark Knight Rises" generated more than $1 billion at the global box office.

Persons: Christopher Nolan's, Oppenheimer, Mario, Nolan, Cillian Murphy, Robert Downey Jr, Angel Studio's Organizations: ANGELES, Warner Bros, Mario Bros, Universal, year's, Legendary Entertainment Locations: what's, Hollywood, Dunkirk

☆ Strategist says these are the Asian markets to invest in if China become 'uninvestable'
▼ + stars: | 2023-08-18 | 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 EmailStrategist says these are the Asian markets to invest in if China become 'uninvestable'Yuin Lim of Lion Global Investors explains why investors should switch to two other big Asian markets if the Chinese geopolitical environment escalates

Persons: Yuin Lim Organizations: Lion Global Locations: China

☆ This biotech stock is a cancer-fighting 'powerhouse' with nearly 50% upside, says Jefferies
▼ + stars: | 2023-08-17 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Investors should keep an eye on biotech company BeiGene as it scales up its global revenue streams, according to Jefferies. Analyst Kelly Shi initiated coverage of the stock with a buy rating and assigned a price target of $287, suggesting shares stand to gain 49.2% in the next 12 months. The stock has lost 12% so far this year but has had a more uplifting quarter with gains of about 8%. According to the analyst, BeiGene's product pipeline could expand beyond oncology, as it currently includes early autoimmune candidates. BeiGene's tislelizumab drug is another major growth driver for the company, Shi said, highlighting the drug's position as China's top-selling PD-1 drug with about 40% market share.

Persons: Kelly Shi, Shi, BeiGene, BGNE, Amgen, — CNBC's Michael Bloom Organizations: Jefferies, pharma, Novartis Locations: Cambridge , Massachusetts, Beijing, China, BeiGene

☆ Fintech VCs are readying their checkbooks as cash-strapped startup founders run out of options
▼ + stars: | 2023-08-08 | by ( Bianca Chan | ) www.businessinsider.com time to read: +6 min

Fintech funding has been on a decline from 2021's peak levels, but VCs see signs of a rebound. VCs are itching to get back to dealmaking as they see early signs of a rebound in the fintech industry. Cash-strapped founders who didn't want to fundraise in a down market and get valuations slashed are running out of options and time. They dominated the fintech market in the past several years, but the shine is wearing off, Shriner said. Fintech VCs will get to spend more time on due diligence, looking beyond so-called "vanity metrics," Fernandez said.

Persons: Cash, didn't, Mark Peter Davis, Davis, We're, Tripp Shriner, Robert Ruark, Ruark, B2C, VCs, Shriner, — crowdedness, Stephanie Choo, Marcos Fernandez, KPMG's Ruark, Fintech, Fernandez Organizations: Interplay, Investors, Point72 Ventures, KPMG, Tiger, Portage Ventures, Fiat Ventures Locations: dealmaking, VCs, overvaluations

☆ Warner Bros. Discovery's Max targets MLB playoffs for new streaming sports tier
▼ + stars: | 2023-08-07 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Discovery has targeted the beginning of the Major League Baseball playoffs to debut a sports tier for its Max streaming service, according to people familiar with the matter. The company plans to simulcast games from the MLB, National Basketball Association, National Hockey League and National Collegiate Athletics Association, including college basketball's March Madness, on Max. It also intends to add content from its sports media outlet Bleacher Report, such as highlights and interviews. Discovery plans to brand the new tier using the Bleacher Report name, the people said. No MLB games would appear exclusively on Max.

Persons: Julio Rodríguez, David Zaslav, JB Perrette, Max Organizations: Seattle Mariners, American League, Warner Bros, Discovery, Major League Baseball, Max, MLB, National Basketball Association, National Hockey League, National Collegiate Athletics Association, Time Warner, Warner Bros ., Warner Bros . Discovery, TBS Locations: Max

☆ Trick That Helps Big Pharma Companies Avoid Paying Billons in US Taxes
▼ + stars: | 2023-08-03 | by ( Brad Setser | Tess Turner | ) www.businessinsider.com time to read: +11 min

But take a look at the corporate disclosures of America's largest pharmaceutical companies, and a puzzling hole opens. Large legal loopholesThe offshore migration of these pharmaceutical companies' profits may seem egregious, but the tax gymnastics are generally legal. On paper, America's corporate-tax rate is 21%, but the country's largest and most profitable pharmaceutical companies don't pay anything close to that. What's more, the superlow rate enjoyed by American pharmaceutical companies isn't necessary for these firms to be internationally competitive. A spoonful of medicine to make the taxes go downAmerica's pharmaceutical companies have made great contributions to medicine.

Persons: Democratic Sen, Ron Wyden, AbbVie, it's, Keytruda, Gilead, Eli Lilly, they've, Brad W, Whitney, Tess Turner Organizations: Merck, National Institutes of Health . Pharmaceutical, Democratic, Pfizer, US pharma, US Treasury, Trump, Treasury, US, Denmark's, Nordisk, Novartis, National Institutes of Health, Whitney Shepardson, Council, Foreign Relations Locations: Oregon, America, Caribbean, Europe, Bermuda, Puerto Rico, Germany, Ireland, Singapore, Switzerland, Belgium, Denmark

☆ AI could power the US economy as investment in the sector is poised to hit $200 billion by 2025, a Goldman Sachs says
▼ + stars: | 2023-08-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

AI investments could account for up to 4% of the US economy by 2025, Goldman Sachs estimated. That's because AI investing is poised to hit $100 billion in the US and $200 billion globally by then. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The bank's economists predicted AI-related investments could hit $100 billion in the US by 2025, while global AI-related investments hit $200 billion that same year. Goldman Sachs has remained bullish on artificial intelligence, despite fears from other Wall Street analysts that AI could be fueling a bubble in the stock market.

Persons: Goldman Sachs, Russell Organizations: Service, Wall Street, . Investment Locations: Wall, Silicon

☆ Premarket stocks: The stock market is dominated by just a handful of companies. The Biden administration is worried
▼ + stars: | 2023-07-25 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

What’s happening: Two years ago, Lina Khan, 34, became the youngest and perhaps most progressive leader of the FTC’s 100-plus year history. Khan, meanwhile, was unable to successfully block Microsoft from closing its $69 billion purchase of videogame publisher Activision Blizzard last week. The rise of gig workers is changing the face of the US economyFrom CNN’s Samantha DelouyaLazarus Limo usually starts his day at 10 a.m. But workplace experts say the number of gig workers is growing, and and their impact is being felt throughout the economy. But whether the success of both films will translate into a sustained revival of the movie industry remains to be seen.

Persons: New York CNN —, Biden, Lina Khan, haven’t, Khan, Kevin Kiley, Joe Biden, —, Brian Fung, ” Khan, “, ” What’s, She’s, Samantha Delouya Lazarus, ”, that’s, Louis Hyman, ” Read, “ Barbie ”, “ Oppenheimer, Anna Cooban, “ Barbie, Barbie ”, ” Daniel Loria, Disney’s “ Indiana Jones Organizations: CNN Business, Bell, New York CNN, Apple, Microsoft, Nvidia, of America, Big Tech, Federal Trade Commission, FTC, White, Activision Blizzard, Republican, Economic, of New, Yale Law, Amazon, Bloomberg, Tech, Meta, Uber, CNN, DoorDash, of Labor Statistics, Cornell University, “ Society, Insiders, Warner Bros, Universal Studios, Warner Bros ., AMC, Hollywood Locations: New York, California, of New York, Hill , North Carolina, “, United States, Instacart, Disney’s

☆ 'Barbie' and 'Oppenheimer' box office debut sparks hope that cinema is back
▼ + stars: | 2023-07-24 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

That gave the pink-drenched film the largest opening weekend of 2023 so far and the biggest-ever debut for a female director. Timothy Richards, chief executive of Vue International, Europe’s largest privately owned movie theater operator, said in a statement Sunday that it had seen its biggest weekend in four years for ticket sales. AMC (AMC), the world’s largest movie theater chain, said last week that 60,000 people had bought tickets see both films on the same day. Cineworld, the world’s second-biggest movie theater chain and owner of Regal Cinemas, filed for bankruptcy in September after posting a total $3.3 billion loss over 2020 and 2021. So far, Cineworld has shuttered 51 of its Regal movie theaters in the US.

Persons: “ Barbie ”, “ Oppenheimer, kindling, “ Barbie, Barbie ”, “, Timothy Richards, “ Vue, ’ ” Richards, Greta Gerwig’s, Burger, Crocs, Airbnb, Christopher Nolan, J, Robert Oppenheimer, Gabrielle Roitman, Kayla Seffing, Maddy Hiller, Casey Myer, Oppenheimer, Barbie, Chris Pizzello, “ Barbenheimer, —, ” Daniel Loria, Michael O’Leary, Disney’s “ Indiana Jones, ” Organizations: London CNN, Warner Bros, Universal Studios, Warner Bros ., Vue International, Europe’s, “, United, AMC, CNN, National Associations of Theater Owners, Hollywood, Regal Cinemas Locations: Brazil, California, American, United States, Los Angeles, Disney’s

☆ Private jets can be tracked. Here are all the sneaky ways billionaires can still fly unseen.
▼ + stars: | 2023-07-24 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Sweeney also publicly tracked the personal jets of celebrities like Donald Trump, Taylor Swift, and Mark Zuckerberg. Its easier to hide on a chartered business planeLVMH CEO Bernard Arnault on board his private jet between Beijing and Shanghai. The FAA can make tracking more difficult, but it's not foolproofPuma/Jay Z's jet tracked on ADS-B Exchange with LADD indicator. Basically, this allows private aircraft owners to request the Federal Aviation Administration redact their tail number from public tracking. This means companies that use federal data to track commercial and general aviation flights, like FlightAware and FlightRadar24, will not display LADD-identified planes.

Persons: Jack Sweeney ruffled, Elon Musk, Taylor Swift, Tim Cook, Jack Sweeney, Sweeney, Donald Trump, Mark Zuckerberg, Bernard Arnault, Marc DEVILLE, LVMH Moët Hennessy Louis Vuitton, Arnault, Puma, Jay Z's, Travis Scott, Jay, Steven Spielberg, Oprah, LADD Organizations: Tesla, Gulfstream, Twitter, Getty, Bombardier, Apple, FAA, LADD, Federal Aviation Administration, PIA, Facebook Locations: Idaho, Beijing, Shanghai, China

☆ They don’t act or write, but the Hollywood strikes are putting them out of work
▼ + stars: | 2023-07-22 | by ( Natasha Chen | ) edition.cnn.com time to read: +8 min

Elyea, and other small business owners have told CNN about the various ways they’re getting through the dry spell: cutting hours, laying off staff, or temporarily closing their doors. And you know, don’t be buying cars having to make big car payments, and don’t be making big plans with money you don’t have,” she told them. “I know I can get through it, but it takes years to recover,” Levelle told CNN in early July. Natalia Lopez told CNN in June that without her $20.74 per hour wage, she had shifted her grocery list to just basics, like rice and beans. Cendejas told CNN the studios should recognize the people essential at every level to get the work done.

Persons: Los Angeles CNN —, Milken, Remy De La Mora, Patrick Gallagher, Oppenheimer, Pam, Pam Elyea, she’s, ” Elyea, don’t, Pam Elyea Elyea, She’s, “, Elyea’s, Corri Levelle, Sandy Rose Floral, Natasha Chen, CNN Corri Levelle, ” Levelle, ”, Natalia Lopez, Lopez, Yolanda Cendejas, Cendejas, ” Yolanda Cendejas, CNN Cendejas, ” Cendejas, Chester Massetti, Victor Jr’s, you’re, ” Massetti, Massetti, Rosie Blosser, ” Blosser, Blosser Organizations: Los Angeles CNN, Hollywood, Writers Guild of America, SAG, Global, Hire, CNN, WGA, Sandy, SEIU United Service Workers, SEIU, Sony Studios, Amazon Studios, Paramount Studios, Culver City, Warner Bros, Washington, Apple, Warner Bros . Locations: North Hollywood, Los Angeles, Culver City, Culver, Burbank , CA

☆ Kim Kardashian's Skims may be the hero the IPO market needs
▼ + stars: | 2023-07-20 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

This latest round was led by Wellington Management, a firm known for taking companies public. Jens Grede, Skim’s CEO, recently told Dealbook that stock investors have shown an increased interest in consumer-oriented businesses like Skims and that an IPO is something the company wants. “At some point in the future, Skims deserves to be a public company,” he said. If a Skims IPO were to succeed, “companies, CFOs and investors in general will see this as a very positive sign,” said Sokhi. Netflix posted nearly $8.19 billion in revenue for the quarter, compared to the $8.3 billion Wall Street had projected.

Persons: Kim Kardashian, Goldman Sachs, ”, David Solomon, Ro Sokhi, Cava, “ There’s, Skims, Andy Muir, Jens Grede, Megan Penick, Robinson, Kardashian, we’re, “, ” Adam Hodge, Volodymyr Zelensky, Russia “, Tesla, Chris Isidore, Refinitiv, Clare Duffy, Samantha Delouya Organizations: CNN Business, Bell, New York CNN, Wellington Management, Nike, US National Security Council, Russian Defense Ministry, Wednesday, Netflix Locations: New York, Cava, Skims, Russia, Ukraine, Europe, Odesa’s

☆ Netflix says subscribers to its ads plan have doubled. Meet the 19 execs driving the streamer's aggressive push into advertising.
▼ + stars: | 2023-07-20 | by ( Lucia Moses | ) www.businessinsider.com time to read: +8 min

Netflix said in its 2Q earnings that subscribers to its ads plan have doubled over the previous quarter. Peter Naylor, VP of global advertising salesPeter Naylor, VP, global advertising sales. Netflix has also brought on several directors and other roles in ad sales who've worked at Hulu, Snap, and elsewhere. Chad Rumminger, who focuses on automotive accounts, from automotive ad sales at Twitter. Julie Taylor Green is head of US vertical ad sales; she was TikTok's director of global business solutions before that.

Persons: execs, they're, Jeremi Gorman, Peter Naylor —, Netflix salespeople, Nielsen, DoubleVerify, Kelly Metz, They've, Gorman, Peter Naylor, who've, Naylor, Julie DeTraglia, Kinsey Tamberrino, He's, Hulu playbook, Adam Gerber, Gerber, he's, it's, She's, Asaf Davidov, DeTraglia, Jon Whitticom, Whitticom, that's, Kinsey Osberg Tamberrino, Michaela Giovengo, Valerie Bischak, Doug Brodman, Victoria Morris, Amy Newton, Joanna Read, Eric Berman, Chad Rumminger, Morgan Tully, Nicole Sabatini, Julie Taylor Green, Chris Smutny Organizations: Netflix, Hulu, ABC, Microsoft, Omnicom Media, Yahoo, Gorman's, ABC Television Group, Disney, Comcast, Viacom Media Network, Amobee, Twitter, Google, Amazon, Tech, Gaming, Entertainment Locations: Hulu, TikTok

☆ Netflix earnings report: The 5 biggest takeaways
▼ + stars: | 2023-07-19 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

CNN —Hollywood is in a state of absolute agony, but Netflix had some reason to celebrate on Wednesday, with the streaming giant releasing a smash earnings report after implementing its long-anticipated plans to clamp down on password sharing. Here are some of the key highlights:►Adds 5.9 million subs: Heading into the earnings report, investors were curious how much the company’s crackdown on password sharing would boost subscriber growth. Netflix added 5.9 million subscribers in the quarter — just one year after it had lost nearly a million subscribers. Expect Netflix, which now boasts 238 million global subscribers, to keep benefiting from this password sharing clampdown. “And we very much hoped to reach an agreement by now.”► Goodbye, $9.99 ad-free plan: Ahead of the earnings, Netflix axed its cheapest ad-free option in the US and the UK.

Persons: ’, Ted Sarandos, ” Sarandos Organizations: CNN, Hollywood, Netflix

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Americans' love of frozen food may pressure critical cold supply chainsAmericans love frozen food, but without resilient cold storage supply chain infrastructure, the growth and safety of the massive $265 billion global frozen food market is at risk. Approximately 13% of all food produced globally is lost due to poor cold storage supply chains every year. Watch the video above to learn more about frozen food demand, global cold supply chain infrastructure, how food is frozen and what's next for this growing section of the grocery store.

☆ Surging frozen food demand may stress critical cold storage supply chains
▼ + stars: | 2023-07-18 | by ( Andrea Miller | In Dreajmiller | ) www.cnbc.com time to read: +3 min

Virtually all American households purchase frozen food at least once a year, but without resilient cold storage supply chain infrastructure, the growth and safety of the massive $265 billion global frozen food market may be put at risk. In 2022, frozen food sales in the U.S. reached more than $72 billion, according to the American Frozen Food Institute. During the coronavirus lockdowns in 2020, frozen food sales reached more than $65 billion, according to the institute. Approximately 13% of all food produced globally is lost due to poor cold storage supply chains every year, according to a study from Columbia University's Climate School. Watch the video above to learn more about the influence of frozen food, the global cold storage supply chain infrastructure, what it takes to freeze food products and what's next for this growing section of the grocery store.

Persons: Brian Choi, Alison Bodor, Sonia Punwani, Tony Atti, Jeff Rivera Organizations: The Food Institute, CNBC, Food Institute, Cargill Protein North, Columbia University's Climate, Logistics Locations: U.S, Columbia, Michigan

☆ Where have all the billion-dollar movies gone? So far, only Mario's been super this year
▼ + stars: | 2023-07-15 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

Universal's "The Super Mario Bros. Movie" is the only movie released in 2023 to so far eclipse the $1 billion mark at the global box office. "If you would have given 10 people a release schedule at the beginning of the year and said, 'We will have just one billion-dollar movie out of all of these and can you pick which one it will be?' In years before the Covid-19 pandemic, and even last year, there were multiple megahits eclipsing $1 billion in global grosses. So far, it has generated $122.1 million at the domestic box office and $221.4 million globally. "The billion-dollar club seems to have become even more exclusive in 2023," said Paul Dergarabedian, senior media analyst at Comscore.

Persons: Mario, Mike Polydoros, Indiana Jones, Shawn Robbins, Bob Iger, CNBC's David Faber, James Gunn's, Sony's, Gunn, Paul Dergarabedian Organizations: ANGELES, Mario Bros, PaperAirplane Media, Disney, Marvel, Star Wars, Pixar, Hollywood, Lucasfilm, Star, Marvel Studios, Warner Bros, Discovery's DC Studios Locations: filmdom

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