CNBC Daily Open: Live long and prosper
Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City. Michael M. Santiago | Getty Images This report …
Streaming media technology
YouTube dominates streaming, forces media companies to adapt
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 …
From Tyson-Paul fight to NFL, Netflix live sports interest is rising
Boxers Jake Paul (L), and Mike Tyson (R). Getty Images Sport | Getty Images In the competitive world of live sports streaming, Netflix is taking another step into the arena. …
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, …
How Spotify AI plans to know what’s going on inside your head
With about 100 million tracks available and over 600 million subscribers, helping listeners find the music they will love has become a navigational challenge for Spotify. It’s the promise of …
Disney reportedly poised to claim victory in bitter Peltz board fight
Walt Disney Co has secured enough shareholder votes to defeat a challenge against its board mounted by Nelson Peltz’s hedge fund Trian Fund Management, people familiar with the matter said …
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 …
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 …
YouTuber MrBeast teams up with Amazon’s MGM Studios for new series
Michael Tran | Afp | Getty Images Jimmy Donaldson, also known as MrBeast on the internet, on Monday announced a new reality competition show in collaboration with Amazon MGM Studios, …
Four reasons Walmart wants to buy smart TV maker Vizio
A worker walks past televisions, including the Vizio brand, on display in a Walmart Supercenter on February 20, 2024, in Hallandale Beach, Florida. Joe Raedle | Getty Images Walmart is …