Business

The National Football League has made substantial strides in capitalizing on the digital streaming trend, which has not only broadened its audience reach in the United States but also on a global scale. Hans Schroeder, the NFL’s executive vice president of media distribution, highlighted the league’s strategic focus on growing its fanbase through exclusive streaming
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Los Angeles Mayor Karen Bass expressed her concerns about the city’s readiness for the 2028 Olympics, citing the need for significant preparation. She emphasized the importance of enhancing public transportation to ensure smooth access to the Games venues. Bass proposed reducing the reliance on cars by investing in bus and subway infrastructure and fostering collaboration
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Nelson Peltz, after reigning for 17 years as the chair of Wendy’s, has decided to step down from his position. This change comes at a crucial time when Wendy’s sales are facing a significant decline due to low-income consumers eating out less. The burger chain has witnessed a more than 12% drop in sales this
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In a world where consumers are constantly seeking the easiest and most budget-friendly ways to access their favorite content, the ongoing battle between DirecTV and Disney highlights the challenges faced by traditional pay-TV companies in adapting to the changing landscape of media consumption. Millions of DirecTV customers were left in the dark as Disney’s TV
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Discount home goods retailer Big Lots has recently filed for bankruptcy, citing high interest rates and a sluggish housing market as key factors contributing to its financial hardship. The company’s focus on low-priced furniture and decor has faced a decline in demand, leading to a decrease in revenue. Despite bringing in about $4.7 billion in
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Boeing’s Starliner finally undocked from the International Space Station on Friday, after a lengthy delay. Originally scheduled to depart months earlier, the spacecraft left without the two astronauts it had delivered to orbit in early June. NASA test pilots Butch Wilmore and Suni Williams will remain at the ISS until February when they will return
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In recent years, automakers have been making a significant comeback in advertising during the National Football League (NFL) season. With Toyota Motor Corporation, Hyundai Motor Company, and the Detroit automakers leading the charge, there is a renewed focus on utilizing the NFL as a key advertising platform. This article delves into the reasons behind the
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Activist investor Starboard Value has made a bold move to dissolve News Corp’s dual-class share structure, presenting a significant challenge to the Murdoch family’s control over the media giant. The push for change was initiated through a non-binding shareholder resolution, signaling Starboard’s determination to shake up the status quo. As of September, Rupert Murdoch held
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The Green Bay Packers, worth $6.3 billion, stand out as the only publicly owned team in the entire National Football League. Unlike other franchises, which are typically owned by wealthy individuals or families, the Packers are owned entirely by stockholders. This unique ownership structure was established over a century ago and has remained unchanged throughout
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The world of professional football is not just about touchdowns and tackles, but also about big business. CNBC’s Official NFL Team Valuations provide a unique look into the financial side of the sport, ranking teams based on their overall franchise value. Factors Driving Team Values Various factors contribute to the increase in NFL team values.
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