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Dec 12, 2023
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julia boorstin has the news. julia? >> tyler, that's right.flix co-ceo just unveiling the company's first-ever report of viewer engagement. key headlines here. netflix's success is spread out over 60% of titles released in the first half of the year reached the top ten viewed list. and 45% of viewing was from licensed titles. 55% from netflix originals. the company saying the diversity of their hits illustrates netflix's ability to break out new stories, stars and franchises. ted saying that the lack of transparency around data had an unintended consequence before of creating mistrust, saying now, quote, this is probably more information than you need. but i think it creates a better environment for the guilds, for us, for the producers, for creators and for the press. now this decision to reveal how many hours were viewed of every title watched for over 50,000 hours comes after the writers and actor's guild secured compensation bonuses based on streaming success. just to point out a couple of the most-watched titles in the first half of the y
julia boorstin has the news. julia? >> tyler, that's right.flix co-ceo just unveiling the company's first-ever report of viewer engagement. key headlines here. netflix's success is spread out over 60% of titles released in the first half of the year reached the top ten viewed list. and 45% of viewing was from licensed titles. 55% from netflix originals. the company saying the diversity of their hits illustrates netflix's ability to break out new stories, stars and franchises. ted saying...
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Dec 15, 2023
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julia boorstin, here with more. julia? >> sarah, warner bros.ie grossed three and a half million dollars from thursday night. previews puts it on track to growth as much as $40 million this weekend, after opening with $43 million internationally. and warner brothers, whose stocks are up about 7% this week, has the most on the line this holiday season, with two other big budget films and aquaman seagull as well as the color purple musical, coming out. over the holidays. so, the question is whether those franchises, along with oscar bait and family films, can boost the years box office across the nine billion dollar milestone. your today, this year's box office is two billion dollars below 2019 levels, according to calm score. now, after a mixture for theater chain stalks, jp morgan is predicting that next year, the box office will decline. this, despite a range of big sequels in franchise films set to be released, including sequels to do, that will, transformers, lord of the rings, there is even a mean girls movie coming out. now, jpmorgan foreca
julia boorstin, here with more. julia? >> sarah, warner bros.ie grossed three and a half million dollars from thursday night. previews puts it on track to growth as much as $40 million this weekend, after opening with $43 million internationally. and warner brothers, whose stocks are up about 7% this week, has the most on the line this holiday season, with two other big budget films and aquaman seagull as well as the color purple musical, coming out. over the holidays. so, the question is...
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Dec 8, 2023
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our julia boorstin at post 9 with a closer look what were the takeaways?ought it was interesting to see that sports are working for the tech giants. sports seem to be working as well for amazon as well as youtube. that means for sports rights could go to digital bundles. there's interesting data about how consumers pay for tv bundles because of sports but they weren't so excited about paying for stand-alone sports services. we'll see what that means for the future of an espn plus -- or the traditional espn goes direct-to-consumer i have to say in terms of the stocks here, the analyst was bullish on comcast and netflix notable that comcast isn't just appealing -- comcast isn't just appealing because of the fact it has peacock but also broadband as these streaming services continue to gain in popularity, broadband will be key. there's an interesting thing here, because i talk a lot about you and carl about how many services are people going to subscribe to the average number, they say, is 3.6% notably, 17% of people said they were extremely likely to subscri
our julia boorstin at post 9 with a closer look what were the takeaways?ought it was interesting to see that sports are working for the tech giants. sports seem to be working as well for amazon as well as youtube. that means for sports rights could go to digital bundles. there's interesting data about how consumers pay for tv bundles because of sports but they weren't so excited about paying for stand-alone sports services. we'll see what that means for the future of an espn plus -- or the...
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Dec 26, 2023
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julia boorstin joins us now with the very latest on this jump ball.> well, here's the thing, dom. sports is the most valuable content on tv, which means that interest in nfl rights could drive nba as well as upcoming nba rights, which are very much in demand right now. with amazon's second year with thursday night football and google's sunday ticket deal, the tech giants have shown that they're willing to pay up for football. while paramount global's nfl rights on cbs is one reason why they are drawing acquisition interest, particularly from warner brothers discovery which is a rare media giant without nfl rights. so, now the focus turns to the nba's next deal, which starts with the 2025-2026 season. the league is in an exclusive negotiating window with disney and warner brothers discovery. espn, abc and tnt currently have the rights to nba games. then, nbc universal, cnbc's parent company, along with youtube, amazon's prime video, and apple are expected to take a look at those nba rights and pursue them, while the league is expected to want to limit
julia boorstin joins us now with the very latest on this jump ball.> well, here's the thing, dom. sports is the most valuable content on tv, which means that interest in nfl rights could drive nba as well as upcoming nba rights, which are very much in demand right now. with amazon's second year with thursday night football and google's sunday ticket deal, the tech giants have shown that they're willing to pay up for football. while paramount global's nfl rights on cbs is one reason why they...
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Dec 26, 2023
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sorry about that, d.c., sorry about that, aqua man, julia boorstin, thank you so much, appreciate you> what you need to know before you take gifts back to the store for a return or exchange. not going to want to miss that. >>> plus, the post christmas holiday travel scramble is fully under way, will the weather under way, will the weather cooperate when moderate to severe ulcerative colitis takes you off course. put it in check with rinvoq, a once-daily pill. when i wanted to see results fast, rinvoq delivered rapid symptom relief and helped leave bathroom urgency behind. check. when uc tried to slow me down... i got lasting, steroid-free remission with rinvoq. check. and when uc caused damage rinvoq came through by visibly repairing my colon lining. check. rapid symptom relief... lasting steroid-free remission... ...and the chance to visibly repair the colon lining. check, check, and check. rinvoq can lower your ability to fight infections, including tb. serious infections and blood clots, some fatal; cancers, including lymphoma and skin cancer; death, heart attack, stroke, and tears
sorry about that, d.c., sorry about that, aqua man, julia boorstin, thank you so much, appreciate you> what you need to know before you take gifts back to the store for a return or exchange. not going to want to miss that. >>> plus, the post christmas holiday travel scramble is fully under way, will the weather under way, will the weather cooperate when moderate to severe ulcerative colitis takes you off course. put it in check with rinvoq, a once-daily pill. when i wanted to see...
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Dec 26, 2023
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julia boorstin joining us to explain.rning, julia. >> scott, consolidation may be the answer to the pressure the media giants are face, cord cutting, weak ad market, and content subscribers and sports right from the deep pocketed tech giants. paramount global is in focus after its ceo and warner brothers discovery ceo david zaslav met in new york last week according sources. sherri redstone and david elton's skydance and red bird and talks with apollo according to sources as well. paramount did suffer a 14% decline in linear ad revenue last quarter and face debt payments. warner brothers discovery would benefit from paramount's coveted nfl rights on cbs. if warner brothers discovery is not a buyer, it will be free to itself as of april 8th when restrictions from its warner media deal expire. now sources say that comcast might be interested in pairing its nbc universal with is cnbc's parent company with warner brothers discovery, to create a more powerful streamer combing max with nbc's nfl rights and access to the nfl cou
julia boorstin joining us to explain.rning, julia. >> scott, consolidation may be the answer to the pressure the media giants are face, cord cutting, weak ad market, and content subscribers and sports right from the deep pocketed tech giants. paramount global is in focus after its ceo and warner brothers discovery ceo david zaslav met in new york last week according sources. sherri redstone and david elton's skydance and red bird and talks with apollo according to sources as well....
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Dec 28, 2023
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we have julia boorstin with what is coming down the road for media and entertainment in 2024. >> looking, all of the media giants are facing the same challenging. cord cutting and weak linear ad market and competition with the tech giants for content and sports rights pushing up prices. they are all fighting along with the tech giants for subscribers in a crowded market. this year, netflix's crackdown drove a surge in subscribers, but as streamers are more y judicious, we could see more bundling of services, but moves similar to verizon's offering of max and netflix together to keep subscribers hooked and minimize turn. and sherri redstone and bob bakish meet with buyers as they face with debt. and warner bros. will be free to sell after the two-year old merger expires. and another factor is the need for sports rights. paramount cbs has nfl that warner bros. discovery doesn't and look for interest in the nba. the next rights deal starts after next year's season. back to you. >> let's talk more about this space as the calendar turns to 2024 with grace lee, the head of media and entertainm
we have julia boorstin with what is coming down the road for media and entertainment in 2024. >> looking, all of the media giants are facing the same challenging. cord cutting and weak linear ad market and competition with the tech giants for content and sports rights pushing up prices. they are all fighting along with the tech giants for subscribers in a crowded market. this year, netflix's crackdown drove a surge in subscribers, but as streamers are more y judicious, we could see more...
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Dec 7, 2023
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julia boorstin at post 9 to break down some swiftnomics. known for a while, but you looked into the numbers and they're pretty amazing. >> i'm so excited to be here to talk about this with you. you and i have been interested in the business implications of taylor swift for some time. $2.2 billion in north american ticket sales. her tour is estimated to have generated $5 billion in consumer spending in the u.s. alone. then there's the concert film, which amc distributed grossing record $250 million at the global box office. next wednesday, her birthday, she's offering the movie for rent on a range of streaming platforms. when it comes to streaming music, she was spotify's top streamed artist of the year. reportedly earning her over $100 million in royalties and billboard and other platforms will near $200 million. that's partially driven by her rerecording her albums. now, swift's popularity also boost the economy in many ways she does not profit from. etsy tells us from april etsies have sold friendship bracelets and michael's says jewelry-
julia boorstin at post 9 to break down some swiftnomics. known for a while, but you looked into the numbers and they're pretty amazing. >> i'm so excited to be here to talk about this with you. you and i have been interested in the business implications of taylor swift for some time. $2.2 billion in north american ticket sales. her tour is estimated to have generated $5 billion in consumer spending in the u.s. alone. then there's the concert film, which amc distributed grossing record...
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Dec 12, 2023
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julia boorstin joins us now. hey, julia. >> fashion brand zara pulled the recent advertising campaign after critics accused it of gaza insensitivity. it featured rubble and a model holding a mannequin wrapped in white plastic. it was photographed in september and was meant to showcase, quote, crash made garments in an artistic context. >>> ford will slash production of the electric pickup truck by about half next year. the move is a major reversal after the company reversed plant capacity this year for the electric vehicle. ev sales have been slowing, a ford spokesperson says the company will match production with customer demand. >>> a federal judge upheld the texas tiktok ban on state employees' work devices and networks. it they sued in july arguing the ban prevents or impedes faculty at state schools from doing tiktok related research. the judge ruled the ban was motivated by concerns about data privacy. back over to you. >> all right, julia, thanks so much. >>> coming up, weed and pregnancy what a new study
julia boorstin joins us now. hey, julia. >> fashion brand zara pulled the recent advertising campaign after critics accused it of gaza insensitivity. it featured rubble and a model holding a mannequin wrapped in white plastic. it was photographed in september and was meant to showcase, quote, crash made garments in an artistic context. >>> ford will slash production of the electric pickup truck by about half next year. the move is a major reversal after the company reversed plant...
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Dec 14, 2023
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. >>> let's get the headlines with julia boorstin. >>> former president trump's bid to overturn the gager in his civil fraud trial denied by a new york state appeals court ruling the impact of the gag order was limited and narrow and that the potential harm was small. >>> closing arguments in the way of jonathan majors, the actor and marvel star accused of assaulting his former girlfriend. the defense rested its case wednesday. the jury is expected to begin deliberations today. he faces up to a year in prison if convicted on all charges. >>> and you don't see this very often. a bull on the loose in northern new jersey. it was spotted this morning on tracks near penn station. police corralled him and tranquilized him. he was taken to a nearby animal sanctuary. no word yet on how he got there in the first place. scott, that's a pretty unusual reason to have delays for new jersey transit. >> it's like a metaphor for something. >> if they don't name it tom lee, i don't know. >> those are my peeps on the track. >> someone sent that around earlier and i thought it was fake. >> it's too good.
. >>> let's get the headlines with julia boorstin. >>> former president trump's bid to overturn the gager in his civil fraud trial denied by a new york state appeals court ruling the impact of the gag order was limited and narrow and that the potential harm was small. >>> closing arguments in the way of jonathan majors, the actor and marvel star accused of assaulting his former girlfriend. the defense rested its case wednesday. the jury is expected to begin...
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Dec 1, 2023
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let's bring in julia boorstin to discuss this.ion in terms of the bundling. disney sort of rebundling its own services. now the third-party players are getting together, perhaps. >> this is a trend i've been talking about and anticipating for quite some time. part of it comes down to the fact that there was peak tv and then there was peak streaming, so much content available on these streaming services, but so many different streaming services. there's been this expectation of consolidation. we're unlikely to see major media companies merge at this point, in part, because of the regulatory landscape. so, something that david zazlov, the ceo of warner bros. talked about. we saw max, the warner discovery streaming platform, do that when verizon started offering a bundle of netflix and max together. so, one way to keep people from churning out, from dropping out of a subscription service, is by locking them into a bigger bundle. you're exactly right, mike, that's what we saw from disney. by bundling together disney plus, hulu and esp
let's bring in julia boorstin to discuss this.ion in terms of the bundling. disney sort of rebundling its own services. now the third-party players are getting together, perhaps. >> this is a trend i've been talking about and anticipating for quite some time. part of it comes down to the fact that there was peak tv and then there was peak streaming, so much content available on these streaming services, but so many different streaming services. there's been this expectation of...
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Dec 5, 2023
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julia boorstin literally joins us now. welcome.ore on this new alliance by meta and ibm. >> that's right. they're calling it ai alliance, 50 companies and academic and research organizations are teaming up with a focus on making ai open source. they'll, quote, develop and deploy benchmarks and evaluation standards, tools and other resources to enable the responsible development and use of ai systems at global scale. they're also talking about addressing social issues with ai as well as educating policymakers on regulation. >> open source powers the world's most critical infrastructure. and you talk about interpretability, through open source, it allows people to build very diverse set of applications and interoperate because to some degree it's become the modern way to have interoperable standards is by doing it by building together through open source. >> open ai and microsoft are notably absent on heels that sam altman startup is not so open source. i have to point out that google and nvidia are also not members of the consortium
julia boorstin literally joins us now. welcome.ore on this new alliance by meta and ibm. >> that's right. they're calling it ai alliance, 50 companies and academic and research organizations are teaming up with a focus on making ai open source. they'll, quote, develop and deploy benchmarks and evaluation standards, tools and other resources to enable the responsible development and use of ai systems at global scale. they're also talking about addressing social issues with ai as well as...
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Dec 7, 2023
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julia boorstin is here to explain. >> kelly, it is a rough market for starters.ter so the lowest overall venture deal value in six years, lowest umber of deals in three years, with usb see funding this year on pace to set a nine-year low, and companies managing to raise funds, increasingly, are doing so at lower valuations. the number of downed rounds in the third quarter climbed to a 10-year high, with 26.4% of rounds year-to-date at a flat or reduced valuation. lack of access to capital means more companies are going out of his next. carter reported that 87 of the startups on his platform that had raised at least $10 million had shut down this year as of october. that's twice the number of companies that shut down in the same category for all of last year. now, after only 27 companies went public in the third quarter, there is a pile up of companies waiting to go public. 75, according to pitch book, including big names such as stripe and chime. looking ahead to our next list, worst pointing -- worth pointing out that some lists with disruptor 50 index companies
julia boorstin is here to explain. >> kelly, it is a rough market for starters.ter so the lowest overall venture deal value in six years, lowest umber of deals in three years, with usb see funding this year on pace to set a nine-year low, and companies managing to raise funds, increasingly, are doing so at lower valuations. the number of downed rounds in the third quarter climbed to a 10-year high, with 26.4% of rounds year-to-date at a flat or reduced valuation. lack of access to capital...
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Dec 11, 2023
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boorstin.pe of a deal has any kind of legs, and why investors would want to get in on this kind of action. >> well, look, to step back at we have a celebrating at paramount that we have had for some time. this is a volatile stock and very sensitive obviously right now, to deal conversations. i do think that the issue with paramount is that nearly all of their cash flow comes from their tv networks. the theory with paramount is you can grow enough cash flow from their streaming to offset the pressure on tv networks. and then you have meaningful value in the library and you have a fair amount of debt. we put all these things together and we think that the tv network business, buyers of that are a diminishing breed. and we don't think there is enough value in the library to really offset the equity from here. all of this is kind of like unsourced kind of reporting, we don't know for sure what is going on. so, i think that alone, there is a certain grain of salt, but you look at the breakup value h
boorstin.pe of a deal has any kind of legs, and why investors would want to get in on this kind of action. >> well, look, to step back at we have a celebrating at paramount that we have had for some time. this is a volatile stock and very sensitive obviously right now, to deal conversations. i do think that the issue with paramount is that nearly all of their cash flow comes from their tv networks. the theory with paramount is you can grow enough cash flow from their streaming to offset...
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Dec 1, 2023
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and julia boorstin how paramount shares are higher.on the air at 3:00 and yields continued to move lower and not a surprise, stocks are at the highs of the session here. >> it is getting a little bit extended on the yield side, in terms of the magnitude and the speed of the moves but it is also reinforcing. there is a little bit of indication of some surrender out there. i mean if you look at the 2.5% pop, or better, in the russell 2000, and you can see all of laggard groups, it looks like forced rotation. people are basically running out of reasons to fight this idea. and i think a point to keep in mind, if you came in to this year or let's say six months ago, and you said i'm going to hang in there, the fed is just about done, and you know, inflation is on the way down, and it should be supportive, and earnings will turn for the better, you have been right, but along the way, you have overshot. so i'm not saying we have overshot yet in terms of the upside. this rotation certainly has more to go. just to close the gaps in performance
and julia boorstin how paramount shares are higher.on the air at 3:00 and yields continued to move lower and not a surprise, stocks are at the highs of the session here. >> it is getting a little bit extended on the yield side, in terms of the magnitude and the speed of the moves but it is also reinforcing. there is a little bit of indication of some surrender out there. i mean if you look at the 2.5% pop, or better, in the russell 2000, and you can see all of laggard groups, it looks...
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Dec 8, 2023
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the ring leader of that list, the founder of it, julia boorstin joins us now with more. you know, we usually start the call for nominations in january, this year we wanted to give people extra time to submit their nominations. we usually get well over a thousand nominations for the 50 spots on our list. the application form is open on our website now. cnbc.com/disruptors. we're starting our call for the 12th annual disruptor 50 list at a time when the startup ecosystem and the business for raising money for startups is going through a really rough time the third quarter saw its lowest overall venture deal value in six years, the lowest number of deals in three years, with u.s. vc fund-raising on pace to set a nine-year low. plus, companies that are managing to raise funds increasingly are doing so at lower valuations the number of down rounds in the third quarter climbed to a ten-year high with 26.4% of all rounds completed year to date done at a flat or reduced valuation. now, lack of access to capital means more companies are going out of business. carter reports that
the ring leader of that list, the founder of it, julia boorstin joins us now with more. you know, we usually start the call for nominations in january, this year we wanted to give people extra time to submit their nominations. we usually get well over a thousand nominations for the 50 spots on our list. the application form is open on our website now. cnbc.com/disruptors. we're starting our call for the 12th annual disruptor 50 list at a time when the startup ecosystem and the business for...
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Dec 29, 2023
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julia boorstin joins us with more. >> sara, that's right.ents and ipos after this year's tight ipo market and major decline in investments. in addition to the implosion of silicon valley bank startups were hit by higher borrowing costs and thousands went out of business. crunch base said vc investments will slow the lowest year for venture funding since 2018, 39% decline through december 21st to $462 billion invested worldwide this year. cutbacks across all stages of venture funding. no surprise, ai did buck the trend with a 9% increase in investment. bolstered by big tech's written to openai, an thrownic and inflection ai, insure tech, and battery companies marked gains while web 3, fin tech and e-commerce saw drops. next year vc fundraising is expected to increase to a level comparable with 2020 according to pitch book. part of that is because investors have plenty of dry powder. more than 4,000 funds were raised since the beginning of 2020 and lower valuations may look to investors like a good opportunity. this according to pitch book, wh
julia boorstin joins us with more. >> sara, that's right.ents and ipos after this year's tight ipo market and major decline in investments. in addition to the implosion of silicon valley bank startups were hit by higher borrowing costs and thousands went out of business. crunch base said vc investments will slow the lowest year for venture funding since 2018, 39% decline through december 21st to $462 billion invested worldwide this year. cutbacks across all stages of venture funding. no...
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Dec 14, 2023
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boorstin with your cnbc news update.etanyahu and israel's war cabinet. sullivan is there to talk about the timetable for israel's war with hamas. the israeli defense minister said in a press conference this morning it will last more than several months. >>> russian president vladimir putin said today moscow is in talks with the u.s. to bring home jailed american evan gershkovich and paul whelan. his comment came as a russian court once again rejected gershkovich's appeal against his pretrial detention. putin said he hopes russia can find a solution to that could suit the russian side for gershkovich and whelan. >>> the pope is the latest person pushing for more controls on artificial intelligence. the appeal is somewhat personal for the pope, pope francis, who is seen in a viral ai generated image earlier this year wearing a luxury white puffer jacket. he called for an international treaty to make sure ai's developed and used ethically. back over to you. >> thank you. julia. >>> interest rate futures are now indicating a
boorstin with your cnbc news update.etanyahu and israel's war cabinet. sullivan is there to talk about the timetable for israel's war with hamas. the israeli defense minister said in a press conference this morning it will last more than several months. >>> russian president vladimir putin said today moscow is in talks with the u.s. to bring home jailed american evan gershkovich and paul whelan. his comment came as a russian court once again rejected gershkovich's appeal against his...
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Dec 26, 2023
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julia boorstin joins us with a look at what to expect. hi, julia. >> good morning, contessa.dia giants are under pressure right now from cord cutting, for a weak ad market and competition for content subscribers and sports rights from deep-pocketed tech giants. paramount and global ceo bob baucus and dade zaslav met in new york last week according to sources, after this paramount's controlling shareholder held talks with david ellison's sky dance and red bird along with apollo according to sources familiar with the situation. now all of this comes after paramount suffered from 145% decline in linear tv ad revenue last quarter and as it faces upcoming debt payments. warner brothers' discovery would benefit from paramount's coveted nfl rights on cbs, but if it's not a buyer, it will be free to sell itself, as of april 8th when restrictions from its warner media deal expire. now, sources say that comcast might be interested in pairing its nbc universal, cnbc's parent company with warner brothers' discovery to create a more powerful streaming platform. now, access to the nfl coul
julia boorstin joins us with a look at what to expect. hi, julia. >> good morning, contessa.dia giants are under pressure right now from cord cutting, for a weak ad market and competition for content subscribers and sports rights from deep-pocketed tech giants. paramount and global ceo bob baucus and dade zaslav met in new york last week according to sources, after this paramount's controlling shareholder held talks with david ellison's sky dance and red bird along with apollo according...
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Dec 15, 2023
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boorstin.high for a strong holiday box office led by warner brothers "wonka" opening today expected to gross ans $35 billion domestically opening weekend after bringing in over $43 million from its international debut but needs to hold up the rest of the holiday season to turn a profit on estimated $125 million budget. now, warner brothers has the most on the line this holiday season with two other big-budget and potentially really big releases including "aquaman" and "the color purple." and "boys on the boat" animated film "migration" and our own parent company boosts across the $9 billion milestone. year to date this year's box office is ahead of last year, but through last weekend still $2 billion below 2019 levels according to comscore. the question is, after theatertain stocks had a mixed year what to expect next year? a range of big sequels and the franchise films set for release, including "dune" doead poo poola mean girls. some delays due to the strike. and predicting the box office wil
boorstin.high for a strong holiday box office led by warner brothers "wonka" opening today expected to gross ans $35 billion domestically opening weekend after bringing in over $43 million from its international debut but needs to hold up the rest of the holiday season to turn a profit on estimated $125 million budget. now, warner brothers has the most on the line this holiday season with two other big-budget and potentially really big releases including "aquaman" and...
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Dec 5, 2023
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we talked to julia boorstin about this a little bit ago.the responsible development of ai systems at global scale, as well as creating a catalog of vetted safety tools and educating policy makers on ai. so a consortium trying to take on the likes of open ai and microsoft. meantime, take a look at this. shares of nokia falling after at&t deciding it's now going to be partnering with swedish rival erickson on a new network. at&t plans to spend over $14 billion, that's over a five-year deal with erickson. nokia will see its market share shrink as a result, and some of its equipment will be replaced. ericsson up on that news. and then there's this. a lot of folks will be focused on this today. the supreme court hearing a case this morning that could upsend big portions of the u.s. tax code. case centering on the question of whether people can be forced to pay taxes on stakes in foreign-owned companies, even if they haven't seen any income from them. this is all actually underneath it about the idea of realized gains. how the justices vote, that
we talked to julia boorstin about this a little bit ago.the responsible development of ai systems at global scale, as well as creating a catalog of vetted safety tools and educating policy makers on ai. so a consortium trying to take on the likes of open ai and microsoft. meantime, take a look at this. shares of nokia falling after at&t deciding it's now going to be partnering with swedish rival erickson on a new network. at&t plans to spend over $14 billion, that's over a five-year...
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Dec 29, 2023
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julia boorstin joins us with a look.ded magnificent seven comparables in the stock market? >> well, a lot of challenges in 2023. in 2024, vcs and start-ups hope for a rebound both in terms of investments and in terms of ipos after this year's tight ipo market and major decline in vc investments. in addition thog that closure's silicon valley bank, thousands went out of business. crunch based forecast vc investments slowing in the fourth quarter ending what they project will be the lowest year for vc funding since 2018. a 39% decline through december 21st. declining to 462 billion dollars invested worldwide with cutbacks across all funding stages. no surprise. a.i. bucked the trend with a 9% increase in investment bolstered by big checks written to openai anthropic, and others. battery tech companies also marked gains while web 3 fintech and ecommerce saw big declines in investment. next year v c fund-raising is expected to increase to a level comparable with 2020 according to pitchbook. investors have plenty of dry powde
julia boorstin joins us with a look.ded magnificent seven comparables in the stock market? >> well, a lot of challenges in 2023. in 2024, vcs and start-ups hope for a rebound both in terms of investments and in terms of ipos after this year's tight ipo market and major decline in vc investments. in addition thog that closure's silicon valley bank, thousands went out of business. crunch based forecast vc investments slowing in the fourth quarter ending what they project will be the lowest...
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Dec 29, 2023
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for our cnbc news update good afternoon, happy new year julia. >> happy new year to you to, dawn south africa launched a case today the. united nations top court seeking -- against -- that we've discussed that is the egyptian red crescent in north -- told nbc news about the raw an -- border crossings were open thi morning. the official said 103 trucks with humanitarian, medical, in food aid entered gaza, as well as for trucks with domesti fuel he added 3200 people were able to cross into egypt with their relatives. north dakota governor doug burger - declared a statewide emergency today due to the ice storm tha has been sweeping through th state. the storm knocked down power lines, leaving more than 20,00 people without power around th christmas holiday. the news released also sai he's planning to ask for federal aid through presidential disaste declaration, to help cover repairs. becca, over to you >> julia, thank you very much. julia bore stint 2023 was a year of breakthroughs and surprises fo the business world it started and ended with a lo of a.i.. and lots of deal making, plus, a
for our cnbc news update good afternoon, happy new year julia. >> happy new year to you to, dawn south africa launched a case today the. united nations top court seeking -- against -- that we've discussed that is the egyptian red crescent in north -- told nbc news about the raw an -- border crossings were open thi morning. the official said 103 trucks with humanitarian, medical, in food aid entered gaza, as well as for trucks with domesti fuel he added 3200 people were able to cross into...