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LeBron (Probably) Isn’t a Billionaire Anymore

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Media & Money

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Peacocks success demonstrates the importance of strategic content selection and improving user experience in winning the streaming wars. If you enjoyed this thread be sure to join 1000+ other readers for my newsletter for the full article. Link in bio

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June 13, 2023, 8:47 p.m.

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Peacocks success demonstrates the importance of strategic content selection and improving user experience in winning the streaming wars. If you enjoyed this thread be sure to join 1000+ other readers for my newsletter for the full article. Link in bio

June 13, 2023, 7:06 p.m.

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A recent study from the ACSI supports Peacock's rising popularity. They ranked second only to Amazon Prime Video in terms of customer satisfaction. Their rating jumped 10% from a score of 72 in 2022 to 79 in 2023.

June 13, 2023, 6:59 p.m.

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In contrast, ESPN+, once a leader in sports streaming, fell on the lower end of customer satisfaction with an ACSI score of 72.

June 13, 2023, 6:59 p.m.

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Peacock has also taken a bet on personalized curation for sports fans showing highlights and relevant news for all 32 NFL teams under their sports tab.

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June 13, 2023, 6:59 p.m.

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Peacock also poached Matthew Berry, a big name in high-growth fantasy football community away from ESPN to host a daily video podcast.

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June 13, 2023, 6:59 p.m.

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Peacock has emerged as the dominant sports streaming service overtaking ESPN+. Peacock’s sports lineup is set to impress hosting: -NFL Playoff game, -Exclusive NFL game -B1G football games -Paris Summer Olympics -Sunday MLB games -Premier League matches -WWE

June 13, 2023, 6:59 p.m.

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ESPN built itself into the worldwide leader in sports and ESPN+ is their bet to create the leading sports streaming service 🏈⚽️🏀 But there’s another streaming service that might already hold the crown for sports fans. Let me explain below 🧵

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June 13, 2023, 6:58 p.m.

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The 10 biggest tours of the first half of this year, per @billboard. Kevin Hart right next to the Red Hot Chili Peppers and Post Malone, as god intended.

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June 13, 2023, 3:46 p.m.

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We can all agree the Grammys need more categories.

June 13, 2023, 3:39 p.m.

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It hurts my brain to type the year 2031

Lucas Shaw
The final Avatar movie will be released in... 2031?

June 13, 2023, 3:36 p.m.

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The final Avatar movie will be released in... 2031?

June 13, 2023, 3:36 p.m.

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Heated Sunday night texts makes for very calm Monday morning podcast.

Matthew Belloni
New pod: Netflix wants credit for its data transparency. Really. With @Lucas_Shaw, listen!

June 13, 2023, 3:30 p.m.

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Pretty rough end of the run for Jimmy Butler.

June 13, 2023, 2:38 a.m.

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One candidate to replace Pat Sajak? @RyanSeacrest. The host has been talking to the producers of Wheel of Fortune. Some sources say he's the frontrunner. Others say he is just one of many interested.

June 13, 2023, 1:13 a.m.

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Our story on the retirement of Pat Sajak, who has hosted one of the most popular TV shows in the US since Ronald Reagan was president.

June 12, 2023, 11:04 p.m.

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Scoop: Pat Sajak is stepping down as host of Wheel of Fortune after this next season.

June 12, 2023, 11 p.m.

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Replying to @Arda

@ArdaCapital I think the TikTok ban can pick up some more traction especially when the election starts to heat up

Arda
WSJ: Netflix Plans First Live-Streamed Sports Event With Celebrity Golf Tournament 3 out of 6. Won't push my luck.

June 12, 2023, 9:32 p.m.

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A documentary about the 2006-2009 Urban Meyer Florida teams will be featured on Netflix. It's called "Swamp Kings" and it will start on August 23rd.

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June 12, 2023, 8:06 p.m.

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LA Mag says Drake's 20-acre compound is an example of "quiet luxury."

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June 12, 2023, 3:08 p.m.

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Governments are right to worry about the overwhelming power of US/European media platforms. It is possible that Netflix is going to be the most popular TV network in dozens of countries. But that doesn't mean everyone will only watch US TV/movies.

June 12, 2023, 12:24 a.m.

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As Netflix + Spotify spread all over the world, people worried that culture would become homogenous. We'd all watch Stranger Things and listen to The Weeknd. Turns out the opposite has happened.

June 12, 2023, 12:23 a.m.

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The most popular TV shows in Mexico, Japan and India are homemade. The most popular songs in the UK, France and Germany are local as well. I wrote about the growing strength of local-language media and what that says about the state of streaming.

June 12, 2023, 12:22 a.m.

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Retweeted post by @Emily Chang
Emily Chang
Watch the first episode of “The Circuit” here: Twitter founder @ev opens up about Elon’s takeover + founding team member @goldman — along w/ four former employees who were either fired, laid off or resigned @sferik @hel_sage @sheonhan @lmanul
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June 11, 2023, 5:02 p.m.

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PEACOCK US Only: 22M subs Q1 growth: +2M subs Upcoming releases: Super Mario Bros, Twisted Metal

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June 9, 2023, 10:34 p.m.

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“The rumor is that Eddy Cue is itching for a big sports deal after losing NFL’s Sunday Ticket to YouTube”

Alex Heath
This week’s newsletter is about the headset wars. Plus: what it was like on the ground for the Vision Pro unveiling, more about my demo, and more scoops from inside Meta’s big all hands
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June 9, 2023, 6:59 p.m.

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My colleagues have discovered Taylor Swift drives traffic.

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June 9, 2023, 4:50 p.m.

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Replying to @Ernest Wong

@ErnestWongBWM Will it work?

Ernest Wong
@FrancoOlivera The Lego playbook

June 9, 2023, 4:27 p.m.

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Netflix posted its best daily subscriber growth in years after announcing it would crack down on password sharing in the US, per @AntennaData

June 9, 2023, 4:21 p.m.

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THE MCU IS BACK #SecretInvasion coming to Disney+ on June 21st

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June 9, 2023, 4:01 p.m.

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"Forty percent of our annual revenue comes from people aged 18 and older. I could easily see it being 50% five years from now"

June 9, 2023, 3:52 p.m.

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Replying to @Lucas Shaw

@Lucas_Shaw Avacados from Mexico 🎶🎶

Lucas Shaw
Hulu might be a worse advertising experience than traditional TV.

June 9, 2023, 3:04 p.m.

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Alcaraz v Djoker, obviously. Weird to not have Rafa here!

Lucas Shaw
Great move for Peacock that it can't show the French Open semis between Alcaraz and Nadal right now.

June 9, 2023, 2:28 p.m.

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Great move for Peacock that it can't show the French Open semis between Alcaraz and Nadal right now.

June 9, 2023, 2:14 p.m.

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Hulu might be a worse advertising experience than traditional TV.

June 9, 2023, 4:40 a.m.

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Looking forward to this!

Adam Stern
.@DanielRicciardo has struck a deal with @ESPN and Peyton Manning's @OmahaProd to do "ManningCast"-style alternate telecasts for three @F1 races this year on U.S. television, per @Deadline. - "The Grandstand" will be for Canada (ESPN2), COTA and Vegas.

June 9, 2023, 12:28 a.m.

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Replying to @Alex Sherman

@sherman4949 I guess you'll be surprised to read a profile of mine later this year then!

Alex Sherman
@Lucas_Shaw I think they refuse to do in-the-gym interviews.

June 8, 2023, 11:42 p.m.

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Is there a chilling effect from that Chris Licht profile? Do CEOs just refuse to sit for in-depth profiles now?

June 8, 2023, 11:18 p.m.

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SoundCloud has already proposed a new business model for streaming. Fans pay their $$ to the artists they listen to -- aka fan-powered royalties. UMG has not signed off on this approach, and has instead countered with a different model it calls artist-centric royalties.

June 8, 2023, 11:17 p.m.

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Universal Music is in talks with SoundCloud to overhaul how streamers pay artists. It's having/had similar conversations with Deezer and Tidal -- aka the small fries. Scoop with @ashleyrcarman

June 8, 2023, 11:15 p.m.

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Blackpink performed a virtual concert in the game PUBG last month where they released the first song “Ready for Love” ahead of their new album “Born Pink” debuting in September. MTV even nominated it for “Best Metaverse Perfomance” along with Ariana Grande for the VMAs

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June 8, 2023, 9:12 p.m.

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During the pandemic Travis Scott held a virtual concert in Fortnite where 20M+ people tuned in for the experience over the course of 5 days. Last year, Ariana Grande also held concert in the game peaking with 1M viewers and earning herself a $20M pay-day through digital merch.

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June 8, 2023, 9:12 p.m.

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If you’re a studio with an upcoming blockbuster it’s malpractice to not have a Fortnite partnership at this point

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June 8, 2023, 9:11 p.m.

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Why is the leftovers in this poll?

The Ringer
What is the best HBO drama series of all time? Vote below to determine a winner of this week’s #TrialByContent!

June 8, 2023, 5:29 p.m.

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Thoughtful piece from @TVMoJoe and @lanebrown on the state of the streaming business. Some of these TV writer quotes aren't going to age well. But they are juicy!

June 8, 2023, 4:30 p.m.

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PRIME VIDEO CHANNELS TOP 10: 1. From - MGM+ 2. The Tower - Britbox 3. Ghost - Starz 4. Yellowjackets - Showtime/Paramount+ 5. Joe Pickett - Paramount+ 6. Fatal Attraction - Paramount+ 7. College Hill - BET+ 8. The Idol - MAX 9. Ruthless - BET+ 10. Young & Restless - Paramount+…

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June 8, 2023, 3:01 p.m.

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Netflix accounts for 30% (or more) of streaming customers in most of the largest markets. But it accounts for <10% of TV viewing in those markets.

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June 8, 2023, 2:26 p.m.

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Producers in South Korea worry Netflix is growing too powerful. Governments in Europe worry US streaming services are replacing domestic TV networks. Wrote about the geopolitics of streaming for @BW

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June 8, 2023, 2:25 p.m.

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Retweeted post by @Joe Pompliano
Joe Pompliano
Inter Miami CF has gained 4.2 million Instagram followers in the last 24 hours — and now has more followers than any NFL, MLB, NHL, or MLS team. That's crazy 😳
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June 8, 2023, 2:07 p.m.

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Podcasts like @ArmchairExpPod and @AGpodcast will soon be available everywhere. @ashleyrcarman and I with the scoop on @Spotify's latest change in approach

June 7, 2023, 8:42 p.m.

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Alex Sherman
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Fierce Video
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Media Play News
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Trying to match the letters in Donald Trump’s signature to the letters in his name …. 0% hit rate.

Kaitlan Collins
Trump’s signature on his bond documents from yesterday.
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June 14, 2023, 12:41 p.m.

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Showing cars driving when it isn't a car chase isn't the best television.

June 13, 2023, 5:41 p.m.

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How big is the "My No. 1 voting issue is that I really, really like Donald Trump but won't vote for Donald Trump" section of the Republican party?

CNBC
"If I'm elected the next U.S. president, [I'd] pardon Donald J. Trump for these offenses in this federal case," GOP primary competitor Vivek Ramaswamy says, demanding other candidates to make the same pledge.
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June 13, 2023, 5:29 p.m.

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One of the media execs I spoke to initially gave me Fred Ryan will leave WaPo but then went bolder and said Bezos will sell. Part of the prediction comes true today. Prediction No. 5:

Jeremy Barr
Some big internal news: Washington Post publisher Fred Ryan is leaving the company

June 12, 2023, 4:11 p.m.

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Retweeted post by @Katie Robertson
Katie Robertson
The Athletic is laying off nearly 20 journalists as part of a reorg of its newsroom

June 12, 2023, 3:13 p.m.

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Hopefully the series will eventually give the 1993 Sedale Threatt/Elden Campbell team its proper due

Alan Sepinwall
Ah, here we go.

June 12, 2023, 3:11 p.m.

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This is like those role-playing games where the leader just makes up the rules as the game goes along

John Nucci
JUST IN: per PGA Tour Policy Board member and deal broker Jimmy Dunne: • Golfers who remained loyal to the PGA Tour would receive equity in the new entity • LIV players will not be eligible to receive equity in the new entity • If LIV folds, current PGA Tour members and…
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June 10, 2023, 4:25 p.m.

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This is starting now. Join!

June 9, 2023, 2:59 p.m.

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Netflix is making you password moochers pay more. HBO Max is Max. Disney is removing content from Disney+ and Hulu. All the latest news on streaming - come participate at 11 am.

CNBC
Streaming services are cracking down and cutting costs. We're breaking down what you need to know on "This week, your wallet."

June 9, 2023, 2:46 p.m.

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Replying to @Lucas Shaw

@Lucas_Shaw Wait, what?

Lucas Shaw
@sherman4949 I guess you'll be surprised to read a profile of mine later this year then!

June 8, 2023, 11:43 p.m.

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Picture of Alex Sherman
Replying to @Lucas Shaw

@Lucas_Shaw I think they refuse to do in-the-gym interviews.

Lucas Shaw
Is there a chilling effect from that Chris Licht profile? Do CEOs just refuse to sit for in-depth profiles now?

June 8, 2023, 11:35 p.m.

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Picture of Alex Sherman

A bunch of previously unreported details on CNN+’s final days here:

Alex Sherman
Discovery execs were determined to kill CNN+ from the start … but had Chris Licht been able to convince them to keep it, his whole tenure could have been different. My story here:

June 8, 2023, 3:24 p.m.

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Picture of Alex Sherman

Discovery execs were determined to kill CNN+ from the start … but had Chris Licht been able to convince them to keep it, his whole tenure could have been different. My story here:

June 8, 2023, 3:08 p.m.

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Picture of Alex Sherman

So, if I light an outdoor fire now, does the air quality around me go back to normal? Is that how this works?

June 7, 2023, 7:35 p.m.

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Picture of Alex Sherman
Retweeted post by @The Exchange
The Exchange
"Does this increase the likelihood of a sale of CNN? Does Warner Bros. Discovery say maybe this asset isn't the best fit here?" @brianstelter and Alex Sherman debate what's next for CNN after Chris Licht's exit as CEO $WBD
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June 7, 2023, 7:18 p.m.

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I bought my first Apple Watch two months ago, so … see you guys in 2032.

Brian Stelter
"The headset is its first major new product since the Apple Watch in 2014."

June 5, 2023, 7:21 p.m.

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Picture of Alex Sherman

Just when I thought we were getting inflation under control

CNBC Now
Apple says its new Vision Pro will be available early next year for $3,499

June 5, 2023, 7:10 p.m.

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Picture of Alex Sherman

CNN CEO Chris Licht apologized to staff today during the company's internal 9 a.m. call. I'm told WBD CEO David Zaslav wasn't too pleased with Licht's The Atlantic profile. One person familiar w/ his thinking told me, "He thought what everyone else did."

June 5, 2023, 1:54 p.m.

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Picture of Alex Sherman

There it is:

Thomas Carrieri
That botched Red Sox play but with the Benny Hill theme.
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June 5, 2023, 12:25 a.m.

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Picture of Alex Sherman

This is a quintessential “Benny Hill theme music” clip

Boston Sports Info
Red Sox Just had one of the worst defensive plays you will see at any level of baseball
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June 4, 2023, 7:46 p.m.

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Picture of Alex Sherman

Say what you want about the Chris Licht profile, but I’ve coopted “Zucker couldn’t do this shit” as a useful all purpose phrase in my life. Me: How’s the spaghetti? Kids: Fine Me: Zucker couldn’t do this shit

June 4, 2023, 7:42 p.m.

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Replying to @Lucas Shaw

@Lucas_Shaw Volunteering my services now to help cast Mike Tyson’s Punchout: The Movie

Lucas Shaw
And now movie studios will remake every video game ever.

June 4, 2023, 7:12 p.m.

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There are many parallels between what’s happening at CNN and what happened at Disney w/ Bob Chapek and Bob Iger. It’s hard to be a leader at a place when many remaining employees are loyal to the guy leaving if there’s disagreement between old and new.

June 4, 2023, 1:28 p.m.

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Retweeted post by @Ben Mullin
Ben Mullin
New: I profiled Jeff Zucker, who hasn’t let CNN go

June 4, 2023, 1:19 p.m.

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Retweeted post by @MediaREDEF
MediaREDEF
CNN's new COO hire underscores bond between CEO Chris Licht and WBD boss David Zaslav (@sherman4949 - @cnbc)

June 2, 2023, 7:47 p.m.

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I mean “Zucker couldn’t do this shit” is funny, give the man some credit.

Will Sommer
There are some lol moments in the new @TimAlberta profile of CNN boss Chris Licht, including Licht reading about himself in Puck, Licht getting ripped at his personal trainer, and Licht unhappy with Don Lemon's menswear decisions.
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June 2, 2023, 1:40 p.m.

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15000 words!?! That’s almost a word per every CNN viewer!

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Brian Stelter
Playbook: "The Atlantic’s Tim Alberta has a 15,000-word profile of CNN CEO CHRIS LICHT posting at 9 a.m. this morning. Alberta has been working on the article since last year and Licht granted him an extraordinary level of access..."

June 2, 2023, 1:09 p.m.

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I didn't know his name before this video, but Jacques Bailly is a low key national treasure.

The New York Times
“P-S-A-M-M-O-P-H-I-L-E” Watch the moment Dev Shah, an eighth grader from Florida, won the Scripps National Spelling Bee — and $50,000 — by correctly spelling “psammophile.”
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June 2, 2023, 12:59 p.m.

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I got a few texts after CNN hired its new chief operating officer from people who said they thought it was a bad omen for Chris Licht. But that's what not what the facts suggest. If anything, it highlights a bond between Licht and his boss, David Zaslav.

June 1, 2023, 8:11 p.m.

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He's .... movin' out

Billy Joel
10 years of Billy Joel! The greatest arena run of all time is coming to an end. The historic sold-out monthly residency at The World’s Most Famous Arena will conclude in July 2024 with his 150th lifetime performance.
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June 1, 2023, 6:20 p.m.

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If Jesse Armstrong wanted to make a true tragic ending for Kendall, the last scene would have been a flash forward to him running a 3-man media/tech VC firm, obsessing over a $3 million Series A round in a live sports events-based e-commerce company with streaming aspirations.

May 30, 2023, 11:35 p.m.

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Succession finale draws series high 2.9 million viewers ... several of which were not media reporters

May 30, 2023, 5:43 p.m.

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Retweeted post by @Sujeet Indap
Sujeet Indap
Centerview has been acclaimed for for both its ubiquitous presence on big M&A and happy bankers. Now a former partner has sued claiming its founders have wrongly taken equity from him he says worth hundreds of millions of dollars. Today’s FT Big Read:
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May 30, 2023, 5:17 p.m.

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Seriously though it’s a media fail we don’t know these actors yet and what they were told when they did this. Were they given full character backstories?

Dave Itzkoff
At the risk of spoiling things, I think the Succession finale will revolve around these enigmatic children shown in the opening credits. What is their mysterious connection to the Roy family
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May 28, 2023, 2:17 p.m.

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This Celtics/Heat game is the ChatGPT answer for “what’s the opposite of Golden State Warriors style basketball”

May 28, 2023, 2:47 a.m.

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I wish someone would have the guts to comment that no one at that table got Jeff Bridges’ Tron joke.

May 27, 2023, 9:52 p.m.

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This is one of the most incredible things I’ve ever seen

Rex Chapman🏇🏼
Yesterday in Malaysia. This. Rally. 3-minutes. 211 shots.
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May 26, 2023, 7:39 p.m.

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Retweeted post by @Jon Passantino
Jon Passantino
Notably, Fox says it will pre-tape its Trump town hall and will not air it live

May 25, 2023, 11:37 p.m.

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....and this is now official. DirecTV and EverPass Media send out a press release.

Alex Sherman
Scoop: DirecTV has reached a deal to continue carrying NFL Sunday Ticket for commercial establishments. The announcement could come as soon as today.

May 25, 2023, 7:06 p.m.

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Interestingly, I'm told the deal isn't exclusive ... meaning, other cable/streaming companies could also pay for commercial rights for Sunday Ticket. And EverPass Media could someday just build a commercial connection itself if it chooses.

Alex Sherman
Scoop: DirecTV has reached a deal to continue carrying NFL Sunday Ticket for commercial establishments. The announcement could come as soon as today.

May 25, 2023, 6:34 p.m.

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Scoop: DirecTV has reached a deal to continue carrying NFL Sunday Ticket for commercial establishments. The announcement could come as soon as today.

May 25, 2023, 6:31 p.m.

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Give it 295 more years

Eliot Brown
WeWork CFO out yesterday too, following CEO. Now worth $143 M, down from $47 B peak (per yahoo)
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May 25, 2023, 4:40 p.m.

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This thread: Citizen journalism at its finest!

Alex Heath
"probably the biggest room that has ever been assembled online," says David Sacks of this new Twitter Space with Ron DeStantis and Elon Musk (first one didn't work and was canceled) i have been in bigger Clubhouse rooms

May 25, 2023, 1:14 a.m.

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As Ron DeSantis gets set to make his presidential announcement today on Twitter, check out CNBC's latest digital video on DeSantis vs. Disney. I'm in it! So are @schwartzbCNBC and @MattBelloni!

May 24, 2023, 6:17 p.m.

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Elon’s role here:

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Amanda Terkel
EXCLUSIVE from @DashaBurns @Mdixon55 -- Ron DeSantis is launching his presidential campaign tomorrow at 7pm on Twitter in an announcement with Elon Musk

May 23, 2023, 6:08 p.m.

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As HBO Max transitions to Max today, I’d like to salute HBO’s suffixes over the years. HBO Go (takes shot) HBO Now (takes shot) HBO Max (takes shot) I can’t wait for what’s next.

May 23, 2023, 2:58 p.m.

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Great season Lakers. Turned chicken shit into chicken salad. Which still isn’t as good as tuna. Fine. But people still eat it.

May 23, 2023, 3:16 a.m.

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Every year I say it: LeBron James is a gift.

May 23, 2023, 1:44 a.m.

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Oh, and also Connor.

May 23, 2023, 12:26 a.m.

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The Roy siblings will settle their differences and run Waystar harmoniously as three co-CEOs. The show ends with the three siblings arm in arm walking on the beach, culminating in a still frame of them jumping, arms raised in victory.

Film Updates
What are your predictions for the finale of SUCCESSION?
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May 23, 2023, 12:23 a.m.

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