In a significant turn of events, DirecTV and Disney have finalized a deal that sees the reinstatement of Disney’s networks, including ESPN, after a roughly two-week blackout. This resolution, which coincides with the much-anticipated college football season and major events like the Emmy Awards, underscores the increasingly complex dynamics between traditional pay-TV providers and content
Business
In a significant turn of events for labor relations in the airline industry, American Airlines flight attendants have successfully ratified a five-year labor agreement. The contract not only resolves prolonged negotiations but also grants cabin crews an impressive wage increase of up to 20.5%, effective from the beginning of October. This development comes after intense
The landscape of Major League Baseball has been undergoing significant changes in recent years as Commissioner Rob Manfred emphasized a shift towards a more national focus. While the league has historically been more regional in nature, Manfred believes that expanding the reach of MLB games to a larger audience is crucial for the growth of
The world of sports betting is rapidly becoming a staple in modern sports culture, with industry leaders foreseeing no end in sight to its growth. Executives from top companies such as FanDuel, Fanatics, DraftKings, and Sportradar recently gathered to discuss the latest trends and challenges in the sports betting industry at the CNBC x Boardroom’s
The clean energy sector is facing a period of uncertainty with the upcoming presidential debate between Vice President Kamala Harris and former President Donald Trump. This sector has been a battleground for policies and ideologies, with the Biden administration showing support for clean energy initiatives, while Trump expressed skepticism towards them. Despite this, clean energy
The National Football League (NFL) has been making significant strides in its approach to media distribution and audience engagement through the implementation of exclusive streaming deals with various media companies. The decision to incorporate streaming into the league’s media rights deal worth $111 billion signed in 2021 marked a pivotal moment in its efforts to
As the world sets its sights on the next Summer Games in Los Angeles in 2028, key stakeholders are confident that the city will rise to the occasion. Los Angeles Mayor Karen Bass acknowledges the enormity of the task at hand in preparing for the Games, highlighting the need for significant preparations across various sectors
In a recent carriage dispute between DirecTV and Disney, millions of DirecTV customers may find themselves unable to watch the NFL’s opening “Monday Night Football” game on ESPN. The two companies have failed to reach a deal as of Monday evening, leaving several Disney-owned networks, including ESPN, FX, and ABC, inaccessible to DirecTV customers. The
After a 17-year reign as the chair of Wendy’s, Nelson Peltz has decided to step down from his position, effective immediately. This departure comes at a crucial time for the fast-food chain as low-income consumers are eating out less, leading to a slump in Wendy’s sales. The company’s shares have fallen by more than 12%
Discount retailer Big Lots made headlines recently as it filed for bankruptcy due to a combination of high interest rates and a sluggish housing market that impacted the demand for its affordable furniture and home decor offerings. In a deal reported in court records, Big Lots agreed to sell its business to private equity firm