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Ad revenue should stabilize for media companies in 2025 — if they have sports

Ad revenue should stabilize for media companies in 2025 — if they have sports

The New York Liberty celebrate after wining the 2024 WNBA Championship against the Minnesota Lynx during Game 5 of the 2024 WNBA Finals on October 20, 2024 at Barclays Center in Brooklyn, New York.  David Sherman | National Basketball Association | Getty Images The advertising market has positive momentum going into 2025 — especially for

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A CNBC holiday tradition: 13 anonymous media predictions for the new year

A CNBC holiday tradition: 13 anonymous media predictions for the new year

Bob Iger, CEO of Disney (L), and Brian Roberts, CEO of Comcast (R). Getty Images Ho, ho, ho! It’s a CNBC holiday tradition: Anonymous media executives make their 2025 industry predictions. In honor of the 12 days of Christmas, we give you 12 predictions from some of the most powerful media and entertainment executives in

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Amazon workers strike across seven facilities at peak of holiday shopping season

Amazon workers strike across seven facilities at peak of holiday shopping season

An Amazon delivery truck passes people holding signs and marching during a strike by Teamsters union members at an Amazon facility in Alpharetta, Georgia, U.S. December 19, 2024. REUTERS/Elijah Nouvelage Elijah Nouvelage | Reuters Amazon workers across seven facilities in New York, Georgia, California and Illinois went on strike on Thursday to lobby for better

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Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring

Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring

President and CEO of Warner Bros. Discovery, David Zaslav arrives for the world premiere of “The Flash” at Ovation Hollywood in Hollywood, California, on June 12, 2023. Michael Tran | Afp | Getty Images Warner Bros. Discovery on Thursday announced a restructuring plan to segment its business into linear and streaming units in a move

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Whoopi Goldberg aims to raise awareness about women’s sports with new network

Whoopi Goldberg aims to raise awareness about women’s sports with new network

Hollywood icon Whoopi Goldberg hopes her newly launched All Women’s Sports Network will bring more attention to women’s sports. Goldberg started the network with George Chung, co-founder of international media holding company Jungo TV. It’s the first global media channel dedicated exclusively to highlighting women’s sports and is available in the U.S. on the free

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Comcast shares tumble as executive calls broadband ‘intensely competitive’

Comcast shares tumble as executive calls broadband ‘intensely competitive’

View from behind a Comcast truck parked on a residential street in Lafayette, California, on Sept. 28, 2021. Smith Collection/gado | Archive Photos | Getty Images Comcast Cable CEO Dave Watson told investors on Monday that the company expects to lose more than 100,000 broadband subscribers during the fourth quarter as the market remains “competitively

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Salesforce shares jump on earnings beat and strong AI deals pipeline

Salesforce shares jump on earnings beat and strong AI deals pipeline

Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images Shares of Salesforce popped more than 8% Wednesday, a day after the company reported third-quarter results that exceeded analysts’ estimates for revenue and guidance and showed strong

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ESPN hopes to reach more casual sports fans with Disney+ integration

ESPN hopes to reach more casual sports fans with Disney+ integration

SportsCenter at ESPN Headquarters. The Washington Post | The Washington Post | Getty Images ESPN is coming to Disney+. Now, the sports network wants to make sure Disney+ users come to ESPN. Walt Disney debuted a dedicated ESPN tile Wednesday on Disney+ for people who subscribe to ESPN+, its sports streaming platform, to watch programming

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