Media

PGA suspends 17 golfers, including Phil Mickelson, for playing in Saudi-backed LIV event
Phil Mickelson plays on the 18th during the Pro-Am at the Centurion Club, Hertfordshire ahead of the LIV Golf Invitational Series. Steven Paston | PA Images | Getty Images The PGA Tour has suspended 17 golfers, including major championship winners Phil Mickelson and Dustin Johnson, who are competing Thursday in the Saudi-backed LIV golf event […]
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We’re changing our price targets on 8 stocks in the portfolio
The moves reflect recent earnings reports, comments from company executives, and general market multiple compression. Source
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Mickelson the last to sign up for Saudi-funded golf league
Phil Mickelson, a chief recruiter for a Saudi-funded rival league to the PGA Tour, is ending his four-month hiatus by adding his name to the 48-man field for the LIV Golf Invitational that starts Friday outside London. Mickelson will be joining Dustin Johnson, Sergio Garcia and three other former major champions in a 54-hole tournament […]
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Dave Roberts is one of the most powerful executives at ESPN – and he wants more diversity behind the scenes
Dave Roberts Provided by ESPN Dave Roberts is a creature of habit. The ESPN executive, who has emerged as an influential force behind the scenes at the network, prefers to take business meetings at the Four Seasons, for instance. In 2015, sports media personality and regular ESPN panelist Bomani Jones was in Los Angeles to […]
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New CNN boss has a message for staffers: Cool it with the ‘Breaking News’ banner
Executive producer Chris Licht of the television show Our Cartoon President speaks onstage during the CBS/Showtime portion of the 2018 Winter Television Critics Association Press Tour at The Langham Huntington, Pasadena on January 6, 2018 in Pasadena, California. Frederick M. Brown | Getty Images New CNN chief Chris Licht has a message for his employees: […]
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Crypto deals help fuel NBA sponsorships to $1.6 billion in 2021-22 season, firm says
In this photo illustration a Coinbase logo is displayed on a smartphone with a NBA logo in the background. Thiago Prudencio | Sopa Images | Lightrocket | Getty Images Cryptocurrency companies helped fuel the NBA’s sponsorship revenue to a record $1.6 billion in the 2021-22 season, according to estimates by IEG, a sports partnerships consultancy. […]
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‘Top Gun: Maverick’ grosses $124 million, making it Tom Cruise’s best domestic opening weekend
Tom Cruise in “Top Gun: Maverick” Source: Paramount LOS ANGELES – “Top Gun: Maverick” soared to $124 million during its opening weekend, earning Tom Cruise his highest domestic debut. The prolific actor, who has made a name for himself as a fearless stuntman, has generated more than $4.2 billion at the domestic box office since […]
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The first act of the streaming wars saga is over — Netflix’s fall from grace has ushered in the pivotal second act
Reed Hastings, Co-CEO, Netflix speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021. David Swanson | Reuters The media and entertainment industry prides itself on its mastery of classical storytelling’s three acts: the setup, the conflict and the resolution. It’s safe to declare the first act of the […]
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Ex-Disney CEO Bob Iger takes stake in Australian design company Canva, which has been valued at $40 billion
Former Disney CEO Bob Iger has acquired a stake in Australian design company Canva and agreed to be an advisor to the closely held company. “We’re incredibly excited to welcome Bob Iger as an investor and advisor,” said Canva spokesman Lachlan Andrews in a statement. “Bob brings a wealth of experience after 15 years at the […]
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Hall of Famer Tracy McGrady is betting millions of dollars Generation Z will love his 1-on-1 basketball start-up
Tracy McGrady Source: Ones Basketball League This time, Tracy McGrady is trusting his ideas. The basketball Hall of Famer has funded real estate projects, he’s backed a sports and entertainment agency, and committed to a cryptocurrency partnership before the sector lost billions in value. Now, McGrady is investing in his own company, Ones Basketball League, […]
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