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The Green Bay Packers are the one NFL team owned by its fans. Here’s how it works

The Green Bay Packers are the one NFL team owned by its fans. Here’s how it works

Business News

Jeff Robinson | Icon Sportswire | Getty Images Only one National Football League team has an ownership structure that resembles a publicly traded company. The Green Bay Packers, who are the 12th most-valuable NFL franchise at $6.3 billion, according to CNBC’s Official 2024 NFL Team Valuations, are the only publicly owned team across the four […]

The Green Bay Packers are the one NFL team owned by its fans. Here’s how it works Read More »

Lion King director says AI is a ‘Wild West,’ but has the potential to democratize filmmaking 

Lion King director says AI is a ‘Wild West,’ but has the potential to democratize filmmaking 

Finance News

Lion King directors Roger Allers (L) and Rob Minkoff. Kevin Winter | Getty Images Artificial intelligence is a “Wild West” with “very few rules” — but it has the potential to democratize the film industry in the long term, according to the director of “The Lion King.” Rob Minkoff, who co-directed the classic 1994 animated

Lion King director says AI is a ‘Wild West,’ but has the potential to democratize filmmaking  Read More »

NFL’s next big media rights payday is years off — and subject to a shifting industry

NFL’s next big media rights payday is years off — and subject to a shifting industry

Business News

A view of a ESPN cameraman during the game between the Jacksonville Jaguars and the Cincinnati Bengals on December 4, 2023 at EverBank Stadium in Jacksonville, Fl.  David Rosenblum | Icon Sportswire | Getty Images In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association

NFL’s next big media rights payday is years off — and subject to a shifting industry Read More »

NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off

NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off

Business News

Mike Tirico is seen on the set of NBCUniversal Paris 2024 Olympics coverage on August 04, 2024 in Paris, France.  Kristy Sparow | Getty Images Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in a bid to grab more viewership —

NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off Read More »

Mavericks, Pelicans games are leaving their local sports networks ahead of NBA season

Mavericks, Pelicans games are leaving their local sports networks ahead of NBA season

Business News

The NBA logo before the game between the Detroit Pistons and Charlotte Hornets at Little Caesars Arena in Detroit on March 11, 2024. Nic Antaya | Getty Images Dallas Mavericks and New Orleans Pelicans fans are waiting for a new way to watch local games in the upcoming National Basketball Assocation season. Both teams are

Mavericks, Pelicans games are leaving their local sports networks ahead of NBA season Read More »

Bronfman’s Paramount bid could keep Shari Redstone involved at the company

Bronfman’s Paramount bid could keep Shari Redstone involved at the company

Business News

Edgar Bronfman, Jr. Cameron Costa | CNBC Edgar Bronfman Jr.’s offer for a controlling stake in Paramount Global could keep Shari Redstone close to the company, if his bid is successful. Bronfman is open to having Redstone, currently non-executive chairman at Paramount, remain involved with the company if the Paramount special committee accepts his consortium’s

Bronfman’s Paramount bid could keep Shari Redstone involved at the company Read More »

Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer

Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer

Business News

Edgar Bronfman, Jr. Cameron Costa | CNBC The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go shop” period of its merger agreement with Skydance as it reviews a competing offer from Edgar Bronfman Jr. Bronfman initially offered $4.3 billion for Shari

Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer Read More »

Epic Systems is building more than 100 new AI features for doctors and patients. Here’s what’s coming

Epic Systems is building more than 100 new AI features for doctors and patients. Here’s what’s coming

Technology News

Epic’s Deep Space auditorium during UGM 2024. Courtesy: Epic Systems In an underground auditorium packed with thousands of health-care executives this week, Epic Systems CEO Judy Faulkner stepped on stage to deliver a keynote dressed like a swan, feathers and all. Even by the tech industry’s more casual standards (take Nvidia CEO Jensen Huang’s trademark

Epic Systems is building more than 100 new AI features for doctors and patients. Here’s what’s coming Read More »

Frequent media bidder Byron Allen draws ire with late payments to ABC, CBS and NBC

Frequent media bidder Byron Allen draws ire with late payments to ABC, CBS and NBC

Business News

Byron Allen, founder, chairman, and CEO of Entertainment Studios and Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022.  Patrick T. Fallon | Afp | Getty Images Broadcast stations owned by Byron Allen — the media mogul who has expressed public interest in buying various media

Frequent media bidder Byron Allen draws ire with late payments to ABC, CBS and NBC Read More »

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