Netflix is rebuilding the cable bundle, but there’s one conspicuous topic it is avoiding
CNN
Netflix has shown little-to-no interest in investing in either live-news or pre-taped programming.
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. Netflix is rebuilding the cable bundle, sans one important ingredient: news. The company, having blown up the decades-old linear television business and ushered in the costly and destabilizing era of streaming, is inching closer and closer to resembling the entertainment behemoths of yesteryear. Netflix has added advertisements to its plans, a move it initially resisted for several years, touting more than 40 million subscribers to the ad-supported tier on Wednesday. It has added live late-night comedy, most recently with the roast of Tom Brady and John Mulaney’s “Everybody’s In L.A.” And it has made great strides into the live-sports arena, despite public statements asserting it does not wish to wade far into such waters. On Wednesday, the streaming giant announced that it had struck a groundbreaking deal with the NFL to broadcast not one, but two games on Christmas Day this year. Those games add to the company’s ever-growing portfolio of live-sports offerings, including WWE “Raw,” which will air exclusively on the platform starting next year. “Last year, we decided to take a big bet on live — tapping into massive fandoms across comedy, reality TV, sports and more,” Bela Bajaria, Netflix chief content officer, said in a statement explaining the decision.
Elon Musk has called MSNBC “the utter scum of the Earth.” He has said the channel “peddles puerile propaganda.” Just a few days ago he said, “MSNBC is going down.” And now he is posting memes about buying the channel.
Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was forced to delay its quarterly earnings report, which the retailer had planned to release Tuesday.
Hedge fund executive Scott Bessent survived an internal squabble over the role of Treasury secretary, a key position that will face almost immediate deadlines and pressures.
Unless you’re lucky enough to have a defined-benefit pension on top of Social Security when you retire — which most US private-sector workers will not — figuring out how to make your money last in retirement can be nerve-wracking.
Iced coffee just isn’t the same when you make it at home. It quickly waters down, tastes bitter and simply doesn’t emulate what you pay a barista upwards of $8 for.
Experts say marketing was key to the success of the two movies in their opening weekend.
Software company providing services to US and UK grocery stores says it was hit by ransomware attack
A major software supply-chain company, which counts US and UK grocery stores and Fortune 500 firms as clients, said it was hit by a ransomware attack this weekend.
Egg prices have risen steadily over the past two years. A spike in avian flu and the approaching holiday season are combining to make the problem even worse.
Thanksgiving means football, food and, for some, crazy family reunions. It can also mean the stress of shopping for dinner.
Despite some union leaders welcoming the nomination of Republican Rep. Lori Chavez-DeRemer to lead the Labor Department, there is still trepidation as to what lies ahead for the rules, regulations and enforcement strategy for American workers.
The McRib and Nacho Fries disappear and reappear with no seeming pattern. Experts say that’s by design.