[ad_1] CNBC’s Jim Cramer on Thursday updated his ranking of major media stocks, putting Fox at the top of the list, trailed closely by Disney. Five months ago, Cramer ranked Disney as the best, with Fox in second, followed by Warner Bros Discovery and then Paramount. But according to him, …
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How Dana Walden could defy critics and become Disney’s first female CEO
[ad_1] Dana Walden, co-chair of Disney Entertainment Rich Polk | Getty Images In 1994, a captain of the media and entertainment industry saw something in Dana Walden that made him think she was capable of a bigger role. Thirty years later, that may happen again. That first time, the executive …
Read More »ESPN’s model is eroding. Past and present execs are split on how it can protect its dominance
[ad_1] Disney‘s ESPN is at a crossroads. For more than 40 years, the world’s largest all-sports network has grown annual revenue by increasing cable subscription fees. ESPN first charged pay-TV distributors less than $1 per month per subscriber in the 1980s. In 2023, ESPN’s monthly carriage fee was $9.42 per …
Read More »FuboTV sues Disney, Fox, Warner Bros. over sports joint venture
[ad_1] Sports streaming platform FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced joint venture, citing what the company calls “extreme suppression of competition in the U.S. sports-focused streaming market,” according to a copy of the lawsuit obtained by CNBC. The joint venture, announced earlier this …
Read More »New sports streaming bundle could be a ‘monster’ — or a dud. Here are the biggest remaining questions
[ad_1] Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. Jevone Moore | Icon Sportswire | Getty Images The U.S. media world was rushing — or panicking? — …
Read More »Wall Street is overreacting to new sports joint venture, says EW Scripps CEO
[ad_1] EW Scripps CEO Adam Symson Source: EW Scripps Local TV station owners including Sinclair, TEGNA and EW Scripps all saw their valuations plummet this week after Disney, Warner Bros. Discovery and Fox announced a new sports joint venture set to launch this fall. Sinclair dropped 12% Wednesday, TEGNA fell …
Read More »ESPN, Fox and Warner Bros. Discovery to launch joint sports streaming platform this year
[ad_1] The Disney+ website on a laptop in Brooklyn, New York, on July 18, 2022. Gabby Jones | Bloomberg | Getty Images Walt Disney‘s ESPN, Fox and Warner Bros. Discovery plan to launch a joint sports streaming service this fall, giving consumers a new way to access marquee live sports …
Read More »Fox News founder Rupert Murdoch deposed in Smartmatic election lawsuit
[ad_1] Rupert Murdoch arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 10, 2018. Drew Angerer | Getty Images Rupert Murdoch is being deposed Tuesday as part of the $2.7 billion defamation lawsuit filed against Fox Corp. by …
Read More »Thanksgiving TV broadcasts drew record-breaking ratings, even as industry grapples with cord-cutting
[ad_1] Macy’s Thanksgiving Day Parade, 2023: Birds Of A Feather Stream Together – Peacock Float NBC | NBCUniversal | Getty Images Thanksgiving TV viewership gave media companies a lot to be grateful for this year. A range of events over the holiday broke ratings records. NBC drew an all-time record …
Read More »NFL’s Black Friday game is the latest warning sign for traditional TV
[ad_1] Jacob Kupferman | Getty Images The Miami Dolphins and the New York Jets face off in the National Football League’s first ever Black Friday game this week — but it’s not going to be the usual broadcast or cable offering. The game will stream exclusively on Amazon’s Prime Video. …
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