What subscriber reporting change means

The best way to get investors to stop focusing on something is to stop telling them at all. Netflix said Thursday it will no longer report quarterly membership numbers and average revenue per membership starting in the first quarter of 2025. This is a significant change for the company and for the so-called “streaming wars,” … Read more

News on negotiations with ESPN, Warner Bros. Discovery

Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. Jevone Moore | Icon Sportswire | Getty Images The National Basketball Association’s exclusive media rights negotiating window with current partners Disney and Warner Bros. … Read more

South Carolina coach Dawn Staley calls for women’s sports investment

Dawn Staley just finished leading South Carolina’s undefeated season and witnessing the end of Caitlin Clark’s record-breaking college career — and she thinks women’s basketball is only getting started. “I think we are in a moment … from a place where our game has been held back to now it’s at a place where it’s … Read more

Disney parks are its top money maker; it’s spending to keep it that way

Visitors wearing emblematic Mickey Mouse and Minnie Mouse ears walk in front of the Sleeping Beauty-inspired castle at Disneyland Paris, Oct. 16, 2023. Ian Langsdon | Afp | Getty Images Three years ago, Josh D’Amaro stood in a nearly empty Disneyland. The California theme park’s Main Street was quiet: no cheery tunes from famed barbershop quartet … Read more

‘Mandalorian & Grogu,’ ‘Toy Story 5’ and another ‘Tron’

The Mandalorian and the Child on Disney+’s “The Mandalorian.” Disney The Walt Disney Company‘s new theatrical slate unveiled Friday will feature the dynamic duo of the Mandalorian and Grogu, a fifth “Toy Story” film and another “Tron” flick before the end of 2026. The company’s theatrical business has struggled in the wake of pandemic shutdowns … Read more

Jim Cramer updates his media stock ranking and puts Fox over Disney

CNBC’s Jim Cramer on Thursday updated his ranking of major media stocks, putting Fox at the top of the list, trailed closely by Disney. Five months ago, Cramer ranked Disney as No. 1, with Fox in second, followed by Warner Bros Discovery and then Paramount. But according to him, it’s time to revisit this ranking … Read more

Bob Iger discusses proxy fight with Nelson Peltz after board vote

Nelson Peltz’s proxy battle was a “distraction” and Disney can now focus on trying to turn a streaming profit and planning its succession, its CEO Bob Iger said on CNBC’s “Squawk on the Street” on Thursday, just one day after handing a stinging defeat to the activist investor. “One of the things that I feel … Read more

Elon Musk’s X begins rewarding ‘influential’ users with blue checks

Jonathan Raa | Nurphoto | Getty Images Elon Musk’s social media site X began rolling out free premium features, including verification badges known as “blue checks,” to select users late Wednesday in an effort to reward what it calls “influential” people on the platform. For most users, X Premium is a paid subscription service that … Read more

Jim Cramer’s top 10 things to watch in the stock market Thursday

My top 10 things to watch Thursday, April 4 The Dow bounces back Wednesday after a three-session losing streak. As of Wednesday’s close, the 30-stock average is on pace for its worst weekly loss since October. Is activist investor Nelson Peltz done with Club name Disney ? Does it matter to the stock? Disney shares … Read more

Disney upends activist investor Nelson Peltz. Now it’s real work time

Bob Iger, CEO, Disney at the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, Idaho David A. Grogan | CNBC Disney shareholders overwhelmingly voted to keep the company’s current board intact during Wednesday’s annual meeting, suggesting they believe current CEO Bob Iger has a plan to boost shares and install … Read more