Media
AEW CEO Tony Khan says he wants to keep company private to pass it down to his kids
All Elite Wrestling, the upstart professional wrestling league, will remain a privately-held family business instead of pursuing an initial public offering, according to founder and co-owner Tony Khan. Khan told CNBC Sport he had no interest in going public because he wants to pass the league down to his kids — who haven’t been born […]
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Even at $8 million per Super Bowl commercial, ad executives say it’s still bang for your buck
NEW ORLEANS, LOUISIANA – FEBRUARY 03: A detailed view of drink koozies seen during an event ahead of Super Bowl LIX at Caesars Superdome on February 03, 2025 in New Orleans, Louisiana. (Photo by Jonathan Bachman/Getty Images) Jonathan Bachman | Getty Images Sport | Getty Images Advertisers shelled out up to $8 million for a […]
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Denver Broncos President Damani Leech praises NFL’s diversity commitment as corporate America, government roll back DEI
Denver Broncos President Damani Leech praised the NFL’s commitment to diversity amid corporate and government efforts to reduce diversity, equity and inclusion hiring practices. Leech is one of four African American presidents of NFL teams. “I think we’ve all been hired in the last three to four years,” Leech told CNBC Sport from Radio Row […]
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Former New Orleans Saints quarterback Drew Brees hints at return to broadcasting
Former New Orleans Saints quarterback Drew Brees said he’d like to join an NFL broadcast team as a game analyst, and hinted he’s already in talks with media companies for a role. Brees signed a multiyear contract with NBC Sports in 2020, but only spent a year as an NFL studio analyst before leaving the […]
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Cosm considers international expansion of immersive sports-viewing venues
Cosm may be coming to a city near you — both in the U.S. and abroad. The immersive sports-viewing technology company has built two dome venues in Los Angeles and Dallas that emulate the experience of being live at a sports stadium. The startup plans to build two more venues in Atlanta and Detroit in 2026. […]
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Fox reveals plans to launch subscription streaming service this year
FILE PHOTO: A Fox News channel sign is seen on a television vehicle outside the News Corporation building in New York City, in New York. Shannon Stapleton | Reuters Fox Corp. is finally getting into the direct-to-consumer streaming game. The company known for its news and sports TV content said Tuesday it’s aiming to launch […]
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The Super Bowl will stream for free on Tubi, a big move for Fox’s streaming strategy
The last time Fox Corp. aired the Super Bowl, it featured buzzy commercials about its streaming service, Tubi. This year, the broadcaster is taking a bigger leap with the free, ad-supported streamer. It’s offering football’s biggest game on the service, too. “This time it’s less about shocking viewers and more about being in our credibility […]
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Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint
Igor Golovniov | Lightrocket | Getty Images Cable giant Comcast is looking to the wireless business for growth. Comcast executives said Thursday the company will shift its focus to its mobile business after reporting a loss of 139,000 residential broadband customers during the fourth quarter. Broadband has long been the growth engine of the cable […]
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Comcast beats earnings estimates as broadband revenue rises despite customer losses
Jeff Fusco | Getty Images Comcast topped Wall Street’s fourth-quarter estimates on Thursday as revenue from the company’s broadband business gave it a boost despite losing customers. Here is how the company performed for the quarter, compared with average analyst estimates from LSEG: Earnings per share: 96 cents adjusted vs 86 cents Revenue: $31.92 billion […]
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Mark Zuckerberg starts Meta earnings call by praising Trump administration
(L-R) Priscilla Chan, CEO of Meta and Facebook Mark Zuckerberg, and Lauren Sanchez attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025. Saul Loeb | Afp | Getty Images Meta CEO Mark Zuckerberg praised the Trump administration […]
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