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But that plan carries serious risk, as it would jeopardize still-sizable cable revenue without guaranteeing that enough sports fans would support such a product. Several other analysts — including Barton Crockett of Rosenblatt Securities, who has a buy rating for Disney shares — seconded those concerns about cannibalizing cable revenue. Nollen estimated 35 million current cable customers would switch to ESPN DTC. ESPN DTC is zero incremental cost and potentially billions in incremental revenue." An ESPN streamer (in light purple) would gradually drive revenue for Disney, Wells Fargo predicts.
Persons: Disney, that's, Jalen Rose, Todd McShay, Bob Iger, Macquarie's Tim Nollen, Nollen, Barton Crockett, , Crockett, who'd, Will, you've, they'll, William Cohan, Cohan, Joe Bonner, Bonner, Brandon Nispel, Iger, Nispel, We've, Jason Bazinet, Bazinet, Hulu —, Wells Fargo's Steven Cahall, Cahall, Wells Organizations: ESPN, Disney, Bank of America, NBA, Sports, ESPN Disney's ESPN, Rosenblatt Securities, ESPN DTC, Will Disney, Citigroup, NFL, NBC, Apple, Comcast, NBC Sports, Netflix Netflix, Hearst, Argus Research, Netflix, KeyBanc, Hulu, DIS, Wells Fargo Sports Locations: Wells Fargo, it's, Wells, Hulu, Puck
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Hollywood 'content bubble' is coming to an end, says Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss a Hollywood in crisis, the state of the streaming wars, and more.
Persons: Matt Belloni Matt Belloni, Puck
CNN —It squats on the Las Vegas skyline like an enormous spaceship, black and mysterious – until night falls, when it will glow like the Earth from space. The MSG Sphere at The Venetian is pictured on March 20, 2023, in Las Vegas. The globe seats almost 18,000 people, sits one long block east of the fabled Las Vegas Strip and will be connected by a pedestrian walkway to the Venetian resort complex. But Sphere’s main draw may be as a venue for live music – especially the marquee residencies for which Vegas is known. An artist's rendering of the audience bowl inside Sphere, with undersea imagery projected on its wraparound LED screen.
Persons: It’s, , Bizuayehu, Rich Claffey, “ I’ve, I’ve, I’m, Darren Aronofsky, They’re, Bono, … ”, you’re, ” Claffey Organizations: CNN, Eiffel, Western, Apple, Las Vegas, Bellagio, Allegiant, Locations: Vegas, Las Vegas, New York City
It represented the most significant affront to President Vladimir Putin's 23-year reign. It has also fed paranoia and put a spotlight on Aleksey Dyumin, Putin's ex-bodyguard turned governor. A brief and ultimately aborted attempt at a coup d'état by Russian mercenary chief Yevgeny Prigozhin represented the most significant affront to President Vladimir Putin's 23-year reign. President Vladimir Putin (L) and Aleksey Dyumin, the governor of Tula and Putin's former personal bodyguard, in Moscow in 2016. Russian President Vladimir Putin (R) and Tula Governor Aleksey Dyumin visit Russian writer Lev Tolstoy's former home in 2016.
Persons: Yevgeny Prigozhin, Vladimir Putin's, Aleksey Dyumin, Putin's, , Vladimir Putin —, Prigozhin, Vladimir Fesenko, trundling, Sergey Shoigu, Valery Gerasimov, There's Prigozhin, Wagner, Putin, Belarus —, defenestration, Dyumin, Shoigu, Vladimir Putin, Mikhail Svetlov, Igor Girkin, Alexander Lukashenko —, Dyumin's, Dmitry Peskov, Boris Yeltsin, Viktor Yanukoyvch, Girkin, Andrei Gurulyov, Russia's, Lev Tolstoy's, Tatiana Stanovaya, Alexandra Prokopenko, Prokopenko, Sergei Surovikin, Surovikin, Viktor Zolotov, Zolotov, Alexander Lukashenko, Chris Weafer Organizations: Service, Kremlin, Kommersant, Angry Patriots, Russia's First Channel, Prigozhin, Carnegie Russia Eurasia Center, Central Bank, Washington Post, New York Times, Defense Ministry, Moscow Times, National Guard, Ministry, Macro Locations: Russian, Russia, Rostov, Ukraine, Moscow, Voronezh, Lipetsk, St, Petersburg, Minsk, Belarus, Russia's Tula, Kremlin, Tula, Dyumin's Tula, St Petersburg, Prigozhin, Crimea, Berlin, Novosibirsk, Osipovichi, Africa, Syria
The Florida Panthers are reeling after a quick 2-0 fall to the Vegas Golden Knights in the Stanley Cup Finals. Read ahead, and we'll show you how to watch the Panthers vs. Golden Knights in game 3 of the Stanley Cup Finals. How to watch Panthers vs. Golden Knights game 3 in the USTNT is the exclusive broadcast partner for the 2023 Stanley Cup Finals. ET TNT Game 6, Vegas Golden Knights at Florida Panthers (if necessary) June 16, 8 p.m. ET TNT Game 7, Florida Panthers at Vegas Golden Knights (if necessary) June 19, 8 p.m.
Persons: You'll, ExpressVPN Organizations: Florida Panthers, Vegas Golden Knights, Stanley, Panthers, Golden Knights, NHL, TNT, Carolina Hurricanes, Eastern Conference, Sling, ESPN, Disney, AMC, TBS, Hulu, Vegas Golden Knights Las Vegas Locations: Florida, U.S, United States
CNN CEO Chris Licht will step down, Puck reported Wednesday. He was the subject of a disastrous Atlantic profile published Friday. Embattled CNN CEO Chris Licht will be shown the door, according to reporting Wednesday from Puck's Dylan Byers, as well as CNN itself and The New York Times. COO David Leavy, who Zaslav installed last week to run the business side of CNN, will continue to do so, Byers reported. The Wall Street Journal reported Monday that top CNN talent including Anderson Cooper, Jake Tapper, and Erin Burnett had criticized Licht to Leavy.
Persons: Chris Licht, Puck, Licht, Puck's Dylan Byers, I'm, Byers, Amy Entelis, Jeff Zucker, Entelis, David Zaslav, David Leavy, Zaslav, Oliver Darcy, Anderson Cooper, Jake Tapper, Erin Burnett Organizations: CNN, New York Times, Warner Bros, Discovery, CNN Films, Street
Women are more likely to be promoted to top jobs when times are tough. Research shows that women and people of color are more likely to be promoted to top jobs when companies are going through tough times, or when a company is most likely to fail. CNN is certainly going through tough times. His tenure at the Warner Bros. Discovery-owned CNN was a rough run, defined by layoffs, a shrinking audience, and an increasingly angry newsroom. Two of the three editorial leads put in charge of the network on Wednesday in the interim are women.
Persons: CNN's, shouldn't, Chris Licht, Licht, Dylan Byers, Puck, Zucker, Jennifer Reynolds, Michelle Ryan, Elon Musk, Linda Yaccarino, Rebecca Knight Organizations: Research, CNN, Warner Bros ., Trump, Corporate, Twitter Locations: WBD
Chris Licht is leaving his position as CEO of CNN after a tumultuous year in charge. CNN's parent company, Warner Bros. Warner CEO David Zaslav told employees in an email and a morning newsroom call he was taking responsibility for Licht's mistakes. CNN is once again searching for a new top executive just over a year after departing CEO Chris Licht took the job — and David Zaslav, CEO of CNN's parent company Warner Bros. Read the full memo Zaslav sent to CNN staff that was reported by Tani here:Spokespeople for CNN and Warner Bros.
Persons: Chris Licht, David Zaslav, Licht's, Puck's Dylan Byers, Zaslav, Semafor's Max Tani, Don Lemon, Brian Stelter, Donald Trump, Licht, Jeff Zucker, Oliver Darcy, Jake Tapper, Anderson Cooper, Tani Organizations: CNN, Warner Bros, Discovery, Warner, Wall Street Journal Locations: Trump
Discovery CEO David Zaslav emailed staff, letting them know Licht was stepping down. On the programming side, Licht launched "CNN This Morning," with anchors Don Lemon, Poppy Harlow, and Kaitlan Collins. "It's another shit show" on top of Licht's multiplying challenges at CNN, one former employee told Insider at the time. "Having people applaud those sexual abuse comments definitely made me question my allegiance to this network," one network executive told Insider. CNN's own media reporter Oliver Darcy said Licht had "lost the room," adding that dozens of CNN staffers no longer had confidence in their leader.
Persons: Chris Licht, David Zaslav, Licht, Zaslav, He'd, Jeff Zucker, Stephen Colbert's, Joe, Licht's, WBD, , Brian Stelter, John Harwood, Don Lemon, Poppy Harlow, Kaitlan Collins, Chris Cuomo, Nikki Haley, isn't, Lemon, Gayle King, Charles Barkley, Dana Bash —, Donald Trump, Trump, CNN's Collins, Zucker, Insider's Nich Carlson, Zaslav's, Puck's Dylan Byers, he'd, CNN's, Oliver Darcy, Anderson Cooper, Jake Tapper, Max Tani Organizations: CNN, Warner Bros, Discovery, Licht, CBS, Trump, House, Republican Party, — CNN, AP, Variety, cnn Locations: Trump
CNN CEO Chris Licht has been hit with a torrent of criticism since a profile of him dropped Friday. CNN media reporter Oliver Darcy wrote that Licht had "lost the room." This time, it's coming from inside the house, as CNN media reporter delivered a brutal assessment of Licht in Monday night's Reliable Sources newsletter. "In the wake of The Atlantic's explosive story, I've spoken with dozens of staffers across the company," Darcy wrote. In fairness to Licht, Darcy also reported that the "somber" remarks the CEO delivered on Monday had "struck the right tone."
Persons: Chris Licht, Oliver Darcy, Licht, Darcy, Puck's Dylan Byers, Byers, Darcy wasn't, David Zaslav, Zaslav's, Zaslav, David Leavy Organizations: CNN, Morning, The Atlantic, Warner Bros Locations: Trump, America, Zaslav
Apple has chosen AR/VR as the next big area to pursue with its new Vision Pro glasses. The product, which was shown off during an extensive demo by Apple on Monday, is called Apple Vision Pro (AVP). It represents years of research and the first major Apple product launched without the guiding hand and showmanship of the late Steve Jobs (if one doesn't count the Apple AirPods or Watch as major new products, and I do not.) And the Vision Pro isn't likely to have one either. Apple's Vision Pro can be used for FaceTime conversations AppleWith just their eyes, consumers already have large-screen viewing and playing experiences with 4K monitors on their walls connected to excellent video game consoles.
Persons: Apple, Michael Gartenberg, Steve Jobs, Apple —, it'd Organizations: Apple, Apple Vision Pro, Meta, Microsoft, iTunes Ping, AVP, Mac, Consumers Locations: Patagonia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTom Cruise reportedly upset over IMAX's handling of new Mission Impossible movieMatt Belloni, Puck founding partner, joins 'Last Call' to discuss a report that Tom Cruise is upset the newest Mission Impossible movie will be bumped out of IMAX theaters for Universal's Oppenheimer.
Persons: Tom Cruise, Matt Belloni, Puck, Universal's Oppenheimer Organizations: Universal's
CNN CEO Chris Licht has apologized to his staff over a disastrous profile published by The Atlantic on Friday. Three days after The Atlantic published a bombshell profile about him, CNN CEO Chris Licht has apologized to his staff in an editorial call. The Atlantic profile, written by Tim Alberta, described Licht as aloof from staff, in contrast to his well-liked predecessor Jeff Zucker. Puck's Dylan Byers reports Licht told staffers on the call that he will move his office back to the newsroom. Insiders at CNN have also shared their theories on how the article became such an spectacular and ill-timed mess for Licht and CNN.
Persons: Chris Licht, Licht, Brian Stelter, Jake Tapper, Nikki Haley, I've, Tim Alberta, Jeff Zucker, Trump ., Puck's Dylan Byers Organizations: CNN, The Atlantic, Morning, GOP, Trump, CNN's New Locations: Alberta, CNN's, CNN's New York City
Investors in Saudi Arabia, Qatar, and United Arab Emirates are pouring money into Western media and entertainment. Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment, and they're finding plenty of takers. The channels for money from Saudi Arabia and other parts of the Middle East are complex. Insider broke down the key entities — their owners, leaders, and high-profile investments and joint ventures — in the top three Middle Eastern nations pouring money into US entertainment and media. It describes itself as the largest media company in the Middle East and North Africa and runs one of the largest TV news channels, Al Arabiya.
Persons: Jamal Khashoggi's, Saudi Crown Prince Mohammed bin Salman, , WME, Jimmy Finkelstein's, Abu Dhabi's, It's, Yasir Al, Rumayyan, Waleed bin Ibrahim Al Ibrahim, Sam Barnett, Peter Smith —, Christina Wayne, SRMG, Mohammed bin Salman, Alrashid, Johnny Depp, Jeanne du Barry, Sharon Stone, Bruno Mars, Luca Guadanigno, Vince McMahon's, Turki Al, Mohammed bin Abdulrahman bin Dayel, Mansoor bin Ebrahim Al, Mahmoud, Peter Chernin, Nasser Al, Germain, BeIN, Sheikha Al Mayassa bint Hamad, Khalifa Al, Vincent, Asghar Farhadi's Oscar, Nart Bouran, JAF, Jeff Zucker, Graydon Carter's, it's, Semafor, Sheikh Mansour bin Zayed Al Nahyan, Sheikh Mansour, Sultan Ahmed Al Jaber Organizations: United, Sovereign, Saudi, Washington Post, Saudi Crown, Endeavor, UFC, IMI, Abu Dhabi Media Investment Corporation, Public Investment Fund, Saudi Aramco, Newcastle United, English football, PGA, MBC, Shahid, Netflix, Vice Media, Variety, MBC Group's, Antenna Group, Cineflex Studios, NBCUniversal International, Amazon, AMC, Saudi Research, Media, Publicly, Red Sea, Cannes, Penske Media Corporation, Bloomberg Media, Vince McMahon's WWE, country's General Entertainment Authority, Development, Cultural Development Fund, George Washington University, American University . Qatar Qatar Investment, Qatar Investment Authority, Providence, BeIN Media, Paris Saint, Miramax, Paramount, Doha Film, Doha Film Institute, H.E, Hollywood Reporter, United Arab Emirates Abu, Investment Authority, UAE, Abu, Abu Dhabi Investment Authority, Hollywood, Dubai Studio, Dubai Media City, National Geographic, BBC News, International Media Investments International Media Investments, National, CNN, Sky News Arabia, Reuters, JAF Communications, Grid, RedBird Capital Partners, Punchbowl News, New York Times, Manchester City, The, Abu Dhabi National Oil Company Locations: Saudi Arabia, Qatar, United Arab Emirates, UAE, Saudi, East, North Africa, Al Arabiya, Netherlands, Greece, Dubai, Jeddah, SRMG, Riyadh, Doha, Europe, Americas, ViacomCBS, Qatari, Thani, Abu Dhabi
Tom Cruise is on the warpath about "Mission: Impossible 7" getting bumped out of Imax theaters. "MI7" opens on July 12 but only has a short window before "Oppenheimer" arrives to Imax exclusivity. Tom Cruise's upcoming "Mission: Impossible" film is getting boxed out of Imax theaters by Christopher Nolan's "Oppenheimer" — and the star is "pretty pissed" about it, Matt Belloni reported for Puck. "Oppenheimer" will drop a (permit me) nuclear bomb on the market, snapping up ALL Imax screens for three weeks. A committed proponent of Imax, Nolan shot "Oppenheimer" entirely on Imax cameras.
Persons: Tom Cruise, Oppenheimer, Cruise, Tom Cruise's, Christopher Nolan's, , Matt Belloni, Puck, Belloni, Robert Oppenheimer, Nolan, You've Organizations: Morning, Paramount, Associated Press, Universal
("I'm a fucking machine," Licht told me one day, when I asked why he was skipping a meal.) A clear-the-air town hall where he gets irritated with the CNN journalist interviewing him. Licht told Alberta. The big blunder Alberta returns to over and over in the story is the May 10 Trump town hall. Another media big wig, but one not at the conference, told me he thinks Licht is "done" at CNN.
Persons: moly, Chris Licht, Tim Alberta, Matt Dornic, Licht, Joe Maysonet, chirping, Zucker, Jeff Zucker, Here's Licht, Whatsapp, , isn't, it's, Nikki Haley, Lago Organizations: CNN, Facebook, Alberta, Trump, Capitol, cnn, Cnn, Mar Locations: Alberta, Hudson, COVID, Puck, Trump, American
Angry staffers and low ratings have plagued CNN CEO Chris Licht's first year on the job. At a holiday party, Licht mostly kept to himself and read bad publicity about himself instead of interacting with his staff. That anecdote is from a revealing new profile about Licht in The Atlantic. CNN CEO Chris Licht has been on the job for just over a year. Later in the profile, Licht explained some of his views on diversity to Alberta.
Persons: Chris Licht's, Licht, Chris Licht, Donald Trump, Tim Alberta, Puck, Don Lemon's, Lemon, " Licht Organizations: CNN, Café Milano, Alberta, Harvard Locations: Puck, Alberta
Ron DeSantis — including hosting the candidate's kickoff event on Twitter — demonstrate how Sacks is working to become a GOP kingmaker. A DeSantis campaign spokesman did not return a request for comment before publication. Sacks, according to Puck, serves as one of the group's directors. Kevin McGrann, a lobbyist at government relations juggernaut Forbes Tate Partners, is also linked to Bay Strategies, according to Hall. And Sacks said during a recent episode that he plans to ask the DeSantis campaign for the Florida governor to agree to an interview.
Persons: David Sacks, Paul Chinn, Caroline Wren, Wren, Donald Trump's, Jan, president's, Sacks, George Soros, Puck, Ron DeSantis, Peter Thiel, Ro Khanna, didn't, Joe Biden, Thiel, Elon Musk, , Joe Lonsdale's, Julie Samuels, Samuels, DeSantis, I've, Trump, Stewart Hall, Jill Kendrick, Hall, Sen, Richard Shelby, Kendrick, Kevin McGrann, juggernaut Forbes, McGrann, John Boehner, OpenSecrets, Musk, Bari Weiss, isn't, Peter, Jason Calacanis, David Friedberg, Chamath, Robert F, Kennedy Jr, Kennedy, Biden, Nikki Haley, Calacanis Organizations: TechCrunch, Calif, San Francisco Chronicle, Hearst Newspapers, Getty Images Venture, Trump, U.S . Capitol, Republicans, Commission, Florida Gov, Twitter, GOP, PayPal, CNBC, Democratic, Microsoft, DeSantis, Purple Good Government PAC, FEC, Ron DeSantis PAC, PAC, Republican Party, Purple Good Government, Stewart, Public, Crossroads, Altria Group, Boeing, General Electric, Hearst Corp, Washington , D.C, Forbes Tate Partners, juggernaut Forbes Tate Partners, Forbes Tate, Association of Independent Mortgage Experts, United Wholesale Mortgage, SpaceX, Republican, YouTube, Biden, CNN Locations: San Francisco, Florida, Silicon, Trump, DeSantis, Puck, Washington ,, Ohio
Here's how inflation has impacted the restaurant business
  + stars: | 2023-06-01 | 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 EmailHere's how inflation has impacted the restaurant businessWolfgang Puck, celebrity chef and restaurateur, joins 'Power Lunch' to discuss the impact of inflation on the restaurant business.
Persons: Wolfgang Puck
Vegas and Florida set for 'Sun Belt' Stanley Cup Final
  + stars: | 2023-06-01 | by ( ) www.reuters.com   time to read: +4 min
[1/2] May 24, 2023; Sunrise, Florida, USA; Florida Panthers left wing Matthew Tkachuk (19) controls the puck against the Carolina Hurricanes during the third period in game four of the Eastern Conference Finals of the 2023 Stanley Cup Playoffs at FLA Live Arena. Mandatory Credit: Jasen Vinlove-USA... Read moreJune 1 (Reuters) - The Florida Panthers hope to put the finishing touches to their storybook playoff run when they face the Vegas Golden Knights in an intriguing Stanley Cup Final matchup that gets underway on Saturday. Tkachuk, who brings an emotional edge and an ability to step up when it matters most, scored two overtime goals on the road against Carolina before sending Florida to the Stanley Cup Final when he netted the series-winning goal with 4.9 seconds left. "We had one goal at the start of the season: get better every day and put ourselves in the opportunity to play for the Stanley Cup, and now we have that chance," said Vegas captain Mark Stone. "I mean, it's Game One of the Stanley Cup Final, you're gonna have some nerves and you're gonna have some excitement," said Panthers defenseman Marc Staal.
Persons: Matthew Tkachuk, Jasen, Read, Vegas, We've, Sergei Bobrovsky, Conn Smythe, Mark Stone, Jack Eichel, Adin Hill, Marc Staal, We'll, we'll, Frank Pingue, Ed Osmond Organizations: Florida Panthers, Carolina Hurricanes, Eastern, FLA, Vegas Golden Knights, National Hockey League, Sun, Western Conference, Eastern Conference, The Panthers, Colorado Avalanche, Panthers, Boston Bruins, Toronto Maple Leafs, Tkachuk, Carolina, Stanley, Boston, Vezina, Florida, Vegas, Winnipeg Jets, Edmonton Oilers, Dallas Stars, Knights, Thomson Locations: Sunrise , Florida, USA, Florida, Toronto
The minor victory comes as Wagner leader Yevgeny Prigozhin continues to publicly slam Russia's military. The Wagner-won victory in the strategically-unimportant city complicates Russian President Vladimir Putin's likely response to Prigozhin's exceedingly defiant and chaotic attitude. And yet Prigozhin continues to play an important role in the war, even after taking a veiled barb at the Russian president, himself, earlier this month. In a rare moment of recognition, Putin even directly congratulated the Wagner Group following their alleged seizure of Bakhmut. Prigozhin said Saturday he would pull his Wagner troops from Bakhmut come Thursday, where they would reorganize and undergo additional training.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney CEO Bob Iger believes this is a battle he can win against Gov. DeSantis: Puck's Matt BelloniMatt Belloni, Puck news founding partner, and Tom Rogers, Newsweek editor-at-large and former NBC Cable president, join 'Squawk Box' to discuss the latest in the feud between Disney and Florida Gov. Ron DeSantis, which saw the company cancelling plans for an estimated $1 billion facility in Florida.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew Twitter CEO 'very consequential' for company, says Puck's Matt BelloniMatt Belloni, Puck founding founder, joins 'Squawk Box' to discuss incoming Twitter CEO Linda Yaccarino, upfront season, the writers' strike, and more.
Jimmy Finkelstein's startup The Messenger launched today with a Trump interview leading the site. Advertisers said it'll be tough to sell ads on a site without an established audience. The site led with an interview with former President Donald Trump and ads from the American Petroleum Institute. The Messenger said it'll roll out seven other verticals including business, entertainment, and sports later in the year. Image from The Messenger's launch ad campaign.
Vice filed for bankruptcy, wiping out equity holders who poured in hundreds of millions, including TPG and James Murdoch. The company filed for Chapter 11 bankruptcy on Monday in New York's Southern District Court. The company's filing listed assets and liabilities in the range of $500 million to $1 billion. Vice had run multiple sales processes with a range of different banks but never received an offer palatable to its owners. The bankruptcy filing reveals just how many companies and investors pinned their hopes on Smith's hype about the potential growth trajectory of the TV and online venture.
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