Fox Corp. Class A
NFL’s Black Friday game is the latest warning sign for traditional TV
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. The NFL’s decision to start a […]
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Fox touts sports programming performance even as costs rise
A Fox Sports television camera during a game between the Utah Utes and the USC Trojans on October 21, 2023, at Los Angeles Memorial Coliseum in Los Angeles, CA. Brian Rothmuller | Icon Sportswire | Getty Images Fox Sports drove higher consumption overall for Fox Corp. last quarter, CEO Lachlan Murdoch said Thursday during the […]
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Inventory futures are very little modified as notice turns from Fed to latest earnings studies: Are living updates
Spencer Platt | Getty Photos Inventory futures are around flat Wednesday night as buyers shifted emphasis from the Federal Reserve’s plan decision to the most recent batch of corporate earnings reports. Futures tied to the Dow Jones Industrial Average slid 4 factors, buying and selling near flat. S&P 500 futures and Nasdaq 100 futures each […]
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Paramount’s Shari Redstone is open for business, but business may not be open for her
Shari Redstone, president of National Amusements and controlling shareholder of Paramount Global, walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 12, 2023. David A. Grogan | CNBC Shari Redstone may have missed her window. Paramount Global‘s controlling shareholder is open to a merger or selling […]
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Starboard CEO makes case for spinning off real estate assets from WSJ owner News Corp
Activist investment firm Starboard Value is pushing for change at News Corp. – in particular to see its real estate business separated from the rest of the company. Starboard CEO Jeffrey Smith told CNBC’s David Faber on Tuesday that the firm is building a position in News Corp. and has been in discussions with the […]
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Streaming companies chase Spanish-language sports rights to capture growing Hispanic viewership
Roberto Firmino of Liverpool shoots whilst under pressure from Eder Militao of Real Madrid during the UEFA Champions League Quarter Final Second Leg match between Liverpool FC and Real Madrid at Anfield on April 14, 2021 in Liverpool, England. Shaun Botterill | Getty Images Sport | Getty Images Streaming platforms are chasing live sports rights […]
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CNBC Every day Open up: Dispelling the AI hallucination
Signage for Nvidia Corp. all through the Taipei Computex expo in Taipei, Taiwan, on Tuesday, May 30, 2023. Hwa Cheng | Bloomberg | Getty Images This report is from today’s CNBC Day-to-day Open, our new, international markets publication. CNBC Day-to-day Open provides buyers up to velocity on everything they want to know, no matter wherever […]
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Rupert Murdoch techniques down as chairman of Fox and Information Corp.
Rupert Murdoch introduces Secretary of State Mike Pompeo throughout the Herman Kahn Award Gala, in New York, Oct. 30, 2018 Mary Altaffer | AP Rupert Murdoch is stepping down as chairman of the board of each Fox Corp. and Information Corp., the corporation claimed on Thursday. The move will be formal in November. Murdoch, 92, […]
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Hollywood is paying a steep price for never really figuring out the streaming model
People carry signs as SAG-AFTRA members walk the picket line in solidarity with striking WGA workers outside Netflix offices in Los Angeles, July 11, 2023. Mario Tama | Getty Images News | Getty Images Picket signs have lined the gates of Hollywood’s studios for nearly five months, as the industry’s writers and actors rally for […]
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Fox Chief Legal Officer Viet Dinh to step down months after Dominion settlement
People walk by the News Corporation headquarters, home to Fox News, on April 18, 2023 in New York City. Spencer Platt | Getty Images Fox Corp. Chief Legal and Policy Officer Viet Dinh will step down from his post, months after the company agreed to pay a $787.5 million settlement to Dominion Voting Systems. The […]
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