Proxy advisory firm ISS backs Nelson Peltz in Disney proxy fight

Proxy advisory firm ISS backs Nelson Peltz in Disney proxy fight

The Walt Disney company logo is displayed on the floor of the New York Stock Exchange during morning trading on Dec. 1, 2023. Michael M. Santiago | Getty Images Proxy advisory firm Institutional Shareholder Services on Thursday recommended that Walt Disney shareholders elect activist investor Nelson Peltz to the board in his fight against CEO … Read more

ESPN executives talk streaming plans in CNBC documentary

ESPN executives talk streaming plans in CNBC documentary

Disney‘s ESPN is at a crossroads. For more than 40 years, the world’s largest all-sports network has grown annual revenue by increasing cable subscription fees. ESPN first charged pay-TV distributors less than $1 per month per subscriber in the 1980s. In 2023, ESPN’s monthly carriage fee was $9.42 per subscriber, according to data from S&P … Read more

Ex-Disney CEO Bob Chapek says ESPN doesn’t need strategic partners

Ex-Disney CEO Bob Chapek says ESPN doesn’t need strategic partners

Bob Chapek, chief executive officer of Disney, speaks at the 2022 Disney Legends Awards during Disney’s D23 Expo in Anaheim, California, Sept. 9, 2022. Mario Anzuoni | Reuters In his first public comments since Disney fired him as CEO in November 2022, Bob Chapek told CNBC he sees no reason for Disney-owned ESPN to add … Read more

George Lucas backs Disney CEO Bob Iger in Nelson Peltz proxy fight

George Lucas backs Disney CEO Bob Iger in Nelson Peltz proxy fight

George Lucas attends the U.S. Premiere of Lucasfilm’s “Indiana Jones and the Dial of Destiny” in Hollywood, Los Angeles, California, U.S., June 14, 2023. Mike Blake | Reuters Filmmaker and Hollywood legend George Lucas is throwing his support behind Walt Disney CEO Bob Iger in the bitter proxy battle between the company and activist investor … Read more

Nvidia and Johnson & Johnson to build AI applications for surgery

Nvidia and Johnson & Johnson to build AI applications for surgery

The New York Stock Exchange welcomes Johnson & Johnson. NYSE Johnson & Johnson on Monday announced it is working with Nvidia to develop and scale new artificial intelligence applications for surgery.  J&J’s MedTech unit and Nvidia plan to integrate AI within devices and platforms from pre-op to post-op to help ensure that surgeons have access … Read more

Women’s sports executives weigh in on parity, media and NIL

Women’s sports executives weigh in on parity, media and NIL

Guard Caitlin Clark #22 of the Iowa Hawkeyes listens as the crowd cheers after breaking the NCAA women’s all-time scoring record during the game against the Michigan Wolverines at Carver-Hawkeye Arena on February 15, 2024 in Iowa City, Iowa.  Matthew Holst | Getty Images Women’s sports reached an inflection point in 2023, propelled by major … Read more

Abu Dhabi-backed newspaper buyout is sparking panic

Abu Dhabi-backed newspaper buyout is sparking panic

Copies of The Daily Telegraph newspaper on a newsstand in a shop in London, UK, on March 12, 2024 (L), and UAE Vice President Sheikh Mansour bin Zayed al-Nahyan speaking at COP28 on Dec. 1, 2023. Getty Images DUBAI, United Arab Emirates — Mansions, university facilities, think tanks, sports teams — the U.K. is no stranger … Read more

The princess and the pictures – podcast | News

The princess and the pictures – podcast | News

The release of a posed family photo of the Princess of Wales with her children on Mother’s Day would usually be fairly unremarkable. Not this year. On Sunday, the picture was the first officially released since Catherine was admitted to hospital in January for surgery and followed a long period of silence as she recuperated. … Read more

Elon Musk cancels X partnership with Don Lemon after interview

Elon Musk cancels X partnership with Don Lemon after interview

Don Lemon attends The 15th Annual CNN Heroes: All-Star Tribute at American Museum of Natural History on December 12, 2021 in New York City. Mike Coppola | Getty Images Entertainment | Getty Images Former CNN anchor Don Lemon announced Wednesday that X owner Elon Musk has canceled a partnership in which Lemon would host a … Read more

Tech exec says web heading for plateau, compares it to space in 1960s

Tech exec says web heading for plateau, compares it to space in 1960s

Astronaut Edwin E. Aldrin, Jr., the lunar module pilot of the first lunar landing mission, stands next to a United States flag July 20, 1969 during an Apollo 11 Extravehicular Activity (EVA) on the surface of the Moon. NASA | Newsmakers | Hulton Archive | Getty Images If we were to fall asleep today and … Read more