Media
Al Jazeera journalist killed by gunfire in the West Bank
Israeli security forces in the village of Romana near the West Bank city of Jenin, on May 8, 2022. An Al-Jazeera journalist was shot and killed while covering an Israeli raid in the occupied West Bank town of Jenin early Wednesday, the Palestinian health ministry said. Nidal Eshtayeh | Xinhua News Agency | Getty Images […]
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WWE looks to boost its sponsorship revenue as live events return and a key media deal expires
Chief Brand Officer and TV Personality of WWE, Stephanie McMahon delivers her keynote address at the opening of Sports Matters in conjunction with All That Matters 2016 in Singapore on September 14, 2016. Roslan Rahman | AFP | Getty Images WWE and industry analysts agree: The pro wrestling and media company can squeeze more revenue out […]
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Netflix could introduce ads, crack down on password sharing by the end of this year, source says
Reed Hastings, co-founder, chairman, and co-chief executive officer of Netflix, arrives for the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S. July 6, 2021. Brian Losness | Reuters Netflix could roll out its lower-price, ad-supported tier as early as this year, a source familiar with the matter told CNBC. Netflix […]
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Tom Brady agrees to join Fox Sports as lead NFL game day analyst whenever his career ends, CEO Lachlan Murdoch says
Tom Brady of the Tampa Bay Buccaneers waves to fans at Raymond James Stadium in Tampa, Florida, on Sept. 9, 2021. Julio Aguilar | Getty Images Tampa Bay Buccaneers quarterback Tom Brady has agreed to join Fox Sports as the broadcast network’s lead National Football League analyst when his career concludes, Fox Chief Executive Officer […]
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How a blockbuster-packed summer could lend a hand to the struggling streaming stocks
The release of “Doctor Strange in the Multiverse of Madness” ushers in a line-up of big movie franchises hitting theaters this summer. Source
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Kentucky Derby owner Churchill Downs moves away from online gambling, doubles down on horse betting
Churchill Downs, which owns the Kentucky Derby, is changing its strategy when it comes to sports wagering. The company is doubling down on horse race betting and moving away from online sports betting and iGaming digital casino games, CEO Bill Carstanjen told CNBC. “We saw an environment for our company where we didn’t see positive […]
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JPMorgan says sell FuboTV as questions about the company’s long term business model remain
The streaming market continues to heat up and despite its differentiated offering, JPMorgan sees no room for growth at FuboTV. Source
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Facebook caused chaos to put pressure on Australian lawmakers, report says
The Wall Street Journal reported that Facebook purposely used a broad algorithm to block news in Australia last year, causing pages for charities, emergency services and hospitals to be affected. Rafael Henrique | SOPA Images | LightRocket | Getty Images Facebook used an algorithm it knew would affect pages beyond those of publishers in Australia […]
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F1 CEO sees ‘great opportunity’ in TV rights talks with ESPN deal due to expire
Formula 1 is riding a wave of popularity in the U.S., and its CEO is shopping around its success with potential media partners for a more lucrative U.S. media deal. The racing league’s current deal with ESPN expires at the end of 2022. It was extended in 2019 to the tune of $5 million per […]
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Fanatics adds SoftBank executive, former Airbnb marketing chief to board of directors
A detailed photo of the Fanatics apparel displayed at NFL Hospitality during the 2018 NFL Annual Meetings at the Ritz Carlton Orlando, Great Lakes on March 26, 2018 in Orlando, Florida. Mark Brown | Getty Images Fanatics, the rapidly expanding sports e-commerce company, announced Thursday that it added SoftBank’s Lydia Jett and former Airbnb executive […]
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