Netflix Inc
Media, tech titans head for Sun Valley with streaming alliances top of mind
A view of the Sun Valley Lodge in Sun Valley, Idaho. Drew Angerer | Getty Images Media and technology titans will convene in Sun Valley this week to lay the groundwork for the future of streaming — and for potential alliances. Allen & Co.’s annual conference, often referred to as “summer camp for billionaires,” kicks […]
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Peloton staved off the cash crunch that threatened its business. Where does it go now?
A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2. Michael Nagle | Bloomberg | Getty Images Peloton no longer faces an imminent liquidity crunch after a massive debt refinancing, but the company still has a long road […]
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Media mogul Barry Diller weighs a bid to gain control of Paramount
A new suitor for Paramount Global has emerged. Media mogul Barry Diller is taking a look at acquiring National Amusements Inc., the company owned by Shari Redstone and the controlling shareholder of Paramount, CNBC’s David Faber reported on Tuesday. Diller’s IAC, an internet media and publishing company, has signed a nondisclosure agreement and is looking […]
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NFL, RedBird joint venture EverPass lines up ‘Sunday Ticket’ streaming in bars, restaurants
Football fans watch the NFL Super Bowl XLVIII game between the Denver Broncos and the Seattle Seahawks on at a sports bar in New Jersey on February 2, 2014. Cem Ozdel | Anadolu Agency | Getty Images A satellite dish is no longer the only way bars and restaurants can air the National Football League’s […]
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CNBC Everyday Open: ‘Roaring Kitty’ will get chewed up, Nasdaq hits document
Nasdaq closes at document significant, Paramount streaming company on the block, ‘Roaring Kitty’ will take 6.6% Chewy stake Johannes Eisele | AFP | Getty Photographs This report is from modern CNBC Everyday Open, our global marketplaces e-newsletter. CNBC Each day Open brings buyers up to velocity on everything they need to have to know, no […]
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CNBC Each day Open up: ‘Roaring Kitty’ receives chewed up
Traders function on the ground of the New York Inventory trade throughout morning trading on Nov. 10, 2023 in New York Town. Michael M. Santiago | Getty Visuals What you want to know these days This report is from present-day CNBC Day-to-day Open up, our worldwide markets e-newsletter. CNBC Everyday Open up delivers buyers up […]
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Paramount is hunting for a streaming partner, could kick off a wave of deals
The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global is holding talks with other entertainment companies about merging its Paramount+ streaming service with an existing platform. If it reaches a deal, it may kick off a new wave of streaming partnerships that […]
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YouTube dominates streaming, forcing media companies to decide whether it’s friend or foe
It’s been almost 20 years since the founding of Alphabet’s YouTube, and Hollywood still doesn’t really know what to do with it. YouTube, which effectively invented user-generated content, claims a daunting share of overall media consumption. And it’s no longer just dominating the internet, it’s dominating the living room, too. YouTube made up 9.7% of […]
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Nvidia remains a little-known brand despite briefly passing Apple, Microsoft in market cap
Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | Reuters Apple, Microsoft, Amazon and Google were the four leading global brands at the end of 2023, according to consulting firm Interbrand. They’re are also four of the world’s five most valuable companies. […]
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Fundstrat’s Tom Lee keeps building bold stock calls — and nailing them
Fundstrat’s Tom Lee has been getting a large amount proper about brief sector moves in recent several years. Considering the fact that the pandemic and its aftershocks produced a special environment for shares, Lee has manufactured unconventional and at times daring limited-expression phone calls on where by equities will go up coming. Improved yet, the […]
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