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...Nearly 15mn US pay-TV customers have been unable to view Disney networks, including ESPN, since Thursday amid a battle with Charter over fees to carry the programming....
...“This is what the US government wanted to see from the beginning and is the result of its recent industrial policy of giving subsidies for localised production.”...
...But ESPN’s annual cash flow is too valuable to give up in a sale or spin-off....
...ESPN Bet branding will be rolled out across ESPN’s TV shows in the coming months. On the app, ESPN’s hosts, such as Van Pelt, will recommend bets for users....
...The potential tie-up between ESPN and TGL comes at a pivotal time for both the network and the business of golf....
...The organisers of the tournament are in negotiations for a new media rights contract, as its current exclusive agreement with Disney’s ESPN ends in two years....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a sports streaming service later this year that will aggregate the games offered by the media groups’ traditional television networks....
...Among big US carriers, it appears to be the least affected by Boeing’s production and delivery issues. The Atlanta-based airline does not operate any Boeing 737 Max jets....
...Disney’s ESPN was just one potentially formidable competitor that entered the market last year to challenge leaders Flutter — owner of FanDuel — and DraftKings....
...Perrette did not rule out involvement in future consolidation in the US media sector, pointing to the decision to bring together its sports content with rivals ESPN and Fox into a single bundle as a step...
...The deal between Penn and ESPN is a watershed moment for Disney’s sports cable network as it continues to build out its streaming platform ESPN+ and it has tapped advisers to examine its options....
...Cook also visited Vietnam and Indonesia over the past week for talks on possible expansion of production....
...Chief executive Elon Musk said in January that Tesla was preparing to start production of a new lower-cost car next year, priced at $25,000 and dubbed Model 2....
...It said the deal could boost its production to 150,000 barrels of oil equivalent per day by the early 2030s — more than double its output in 2023....
...But programming and production costs fell in part due to the Hollywood strikes....
...The highs of late 2021, when Tesla was a trillion-dollar stock rushing to scale up production, feel far away. Free cash flow has turned negative for the first time in four years....
...The lay-offs and lower-than-expected production projection come as EV sales are growing at a slower rate in the US....
...Warner recently announced that it would launch a sport streaming service alongside Disney’s ESPN and Fox, a plan that the companies hope will help capture fans who are no longer subscribing to linear TV...
...But make no mistake, it will not stop the trend of companies trying to reduce their reliance on UK production....
...“Much depends on how [Musk] frames timing of the $25K” car, he said, adding that he still expected production to start in 2026 “despite robotaxi prioritisation”....
...But in the agreement announced on Monday, the companies said this streaming version of ESPN will be available to Spectrum customers when it is launched....
...Their Asian rivals, meanwhile, opt for expansion through mergers and provide a wide range of equipment for battery production....
...“He’s using the same production line for a human-driven vehicle and a robotaxi, with the ability to pivot between the two depending upon the market demand at the time.”...
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...Part of the shake-up has to do with the Hollywood strikes, which paused production for five months, but the company is also being more selective about what it greenlights and when movies should be released...
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