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TNT Sports stepping away from NBA TV
TNT Sports stepping away from NBA TV

Reuters

time8 hours ago

  • Business
  • Reuters

TNT Sports stepping away from NBA TV

June 27 - TNT Sports will relinquish oversight of NBA TV operations, it was announced today by TNT Sports Chair and CEO Luis Silberwasser. After a 17-year run with TNT Sports, day-to-day operations will revert to the league on Oct. 1. "We made several proposals to continue to provide services and operate the NBA TV network and related digital assets," Silberwasser wrote in a memo to employees of the Warner Bros. Discovery cable unit, as reported by Sportico. "However, we were unable to agree on a path forward that recognized the value of our expertise, quality content and operational excellence that our fans and partners have come to expect from TNT Sports." In July 2024, the league announced a new 11-year agreement with the Walt Disney Company, NBCUniversal and Amazon Prime Video to broadcast approximately 75 games on linear television in addition to all national games being available on streaming services. TNT's agreement called for a minimum of 15 games on broadcast television. TNT will continue to generate digital content for the league through Bleacher Report and House of Highlights and maintain editorial control of the Inside the NBA studio show. The highly popular program that features Charles Barkley, Kenny Smith, Shaquille O'Neal and Ernie Johnson will air on ESPN and ABC. --Field Level Media

Why Fast Growing Beauty Brands Are Standing By The LGBTQ+ Community
Why Fast Growing Beauty Brands Are Standing By The LGBTQ+ Community

Forbes

time2 days ago

  • Business
  • Forbes

Why Fast Growing Beauty Brands Are Standing By The LGBTQ+ Community

People from the Walt Disney Company participate in the annual LA Pride Parade in West Hollywood, ... More California, on June 9, 2019. - LA Pride began on June 28, 1970, exactly one year after the historic Stonewall Rebellion in New York City, 50 years ago. (Photo by DAVID MCNEW / AFP) (Photo credit should read DAVID MCNEW/AFP via Getty Images) Some beauty brands are growing faster than their peers. There's data to help us understand why. One analysis showed that brands that lean into inclusion grew more than twice as fast from 2023 to 2024 than less inclusive brands within the industry. It's just one additional proof source that highlights that inclusive marketing drives business results. Even with all the data highlighting how beneficial it is to build an inclusive brand, there are still plenty of brands who are retreating on the progress they've made. This year's Pride month has shown that even more clearly. Fewer brands have engaged in celebrations, campaigns, and support for the LGBTQ+ community. The current political climate and fear of public backlash has made more brands cautious about proclaiming their public support of this marginalized community. With so much news about how many brands have turned their backs on the LGBTQ+ community, it is easy to overlook there are still plenty of brands who are unwavering in their support. Within the beauty industry specifically, that support is not surprisingly coming from the brands that are growing more rapidly than their peers. The SeeMe Index is a AI-based company that measures, benchmarks, and celebrates inclusion for brands across different industries. For the second year in a row, SeeMe Index did an assessment of beauty brands, and named fourteen brands out of 100 as 'certified inclusive,' the highest ranking possible in their analysis. Brands that achieved certified inclusive status excelled in infusing inclusion throughout their ads, their brand purpose, and in their actual product. Certified inclusive brands grew 5% year on year from 2023 to 2024, while less inclusive brands analyzed grew at just 2% over the same time period. Of the fourteen certified inclusive beauty brands for 2025, several of them have programming in place designed to help them support the LGBTQ+ community all year round, rather than just showing up during Pride Month. How Growing Beauty Brands Support the LGBTQ+ Community Amika Hair invests in increasing equity in salons and salon chairs by investing in the next generation of hairstylists. The brand does this with its 'Friend to Hair' scholarship for BIPOC and LGBTQ+ hair stylists for a cosmetology school program. The brand also helped curate a list of queer safe salons for people to go to. Makeup brand MAC says that it has been a proud supporter of the LGBTQ+ community since 1984. Since 1994, with its Viva Glam Fund (which gives 100% of proceeds from Viva Glam lipstick), the brand has raised more than $535 million that has been used to partner and support many LGBTQ+ organizations 365 days a year. Rare Beauty prioritizes mental health as part of its overall mission. In doing so, the brand formed the Rare Impact Fund, which is committed to mental health equity. The Rare Impact Fund in particular prioritizes organizations serving BIPOC, LGBTQ+, and underserved youth, including The Trevor Project. In addition to the programming designed to support the LGBTQ+ community through philanthropic means, each of the brands mentioned also does a good job of infusing the community into their marketing and campaigns. Thus, because of their commitment to inclusion, and uplifting underrepresented and underserved communities all year long – in both their marketing and impact efforts, marginalized communities, including the LGBTQ+ community. How To Build An Inclusive Brand That Outperforms Your Competition Building an inclusive brand goes beyond just making your photography representative of different communities. It requires real commitment to including, representing, and supporting the communities you want to serve throughout all areas of your organization. Building an inclusive brand goes beyond campaigns, with a focus on real impact. Inclusive brands stay true to the mission as best they can, despite political and societal pressure. If you want to your brand to achieve outsized growth over and over again, focus your energy on planting roots and establishing a real commitment to the causes and the communities you want to serve. Then pull through that commitment and focus throughout your marketing mix, so the people you want to serve feel seen, supported, and like they belong with you.

Jim Cramer on The Walt Disney Company: 'I'd Like You to Buy More'
Jim Cramer on The Walt Disney Company: 'I'd Like You to Buy More'

Yahoo

time13-06-2025

  • Business
  • Yahoo

Jim Cramer on The Walt Disney Company: 'I'd Like You to Buy More'

The Walt Disney Company (NYSE:DIS) is one of the 15 stocks that Jim Cramer recently talked about. Acknowledging that their investment in the stock did not make them money, a caller inquired if they should sell The Walt Disney Company (NYSE:DIS). In response, Cramer said: 'No, no. I think Disney's finally getting its feet right. I think that it had some management turnover. They're getting things, I like a lot of the things that Iger's doing now… I want you to stay. If anything, I'd like you to buy more…. Remember, we don't care where a stock came from, we care where it's going to. I think it's going higher.' A packed theater of moviegoers watching a blockbuster film produced by the entertainment company. Walt Disney (NYSE:DIS) creates and distributes a wide range of entertainment content as it operates streaming platforms, manages themed resorts, and sells consumer products. The company is also using its intellectual property across media, merchandise, and experiences. Additionally, Cramer favored the company stock even a few months ago, as he said in a February episode of Mad Money: 'You need someplace to go, don't you? I keep hounding you to buy the stock of Disney because it's doing so well. Yet all people seem to care about is that some weak link in the cable business that I think is gonna pick up this quarter anyway. Theme parks, yes, they are expensive, but it doesn't seem to stop people from going to them. While we acknowledge the potential of DIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio

Best Stock to Buy Right Now: Carnival vs. Disney
Best Stock to Buy Right Now: Carnival vs. Disney

Yahoo

time12-06-2025

  • Business
  • Yahoo

Best Stock to Buy Right Now: Carnival vs. Disney

Carnival continues to break multiple operating and financial records amid strong demand for its cruise vacations. The Walt Disney Company is benefiting from a resilient consumer spending environment, fueling its media and entertainment empire. One of these stocks appears undervalued and could be poised to outperform in the second half of 2025. 10 stocks we like better than Carnival Corp. › Leisure and entertainment giants Carnival (NYSE: CCL) and The Walt Disney Company (NYSE: DIS) offer an abundance of options for anyone thinking about taking a vacation this summer. The two companies can also represent compelling investments, with both stocks gaining momentum in recent months. Can the rally keep going? Let's discuss whether shares of Carnival or Disney are the best buy for your portfolio right now. As the world's largest cruise line operator, Carnival is capitalizing on an industry renaissance, with data suggesting that this form of vacation travel is more popular than ever. Efforts to optimize its fleet and enhance financial efficiency are paying off, with the company posting multiple operating records. In the first quarter (for the period ended Feb. 28), Carnival management noted "incredibly strong demand," which helped results outperform prior guidance. Revenue of $5.8 billion increased 7.5% year over year, fueled by climbing capacity and higher pricing. Carnival ended the quarter with $7.3 billion in customer deposits for future voyages, surpassing last year's $7 billion record. Even more impressive has been Carnival's ability to control costs, translating into surging profitability. Adjusted earnings per share (EPS) of $0.13 reversed a loss of $0.14 in the prior-year quarter, underscoring the company's newfound financial consistency. The expectation is for these trends to continue. The launch of Celebration Key, a new private island destination opening in July, and the delivery of three new ships by 2028 should drive further growth. Carnival is guiding for full-year EPS of $1.83, representing $2.5 billion in adjusted net income and marking a 29% increase from 2024's result. The outlook is encouraging as it should allow the company to improve its balance sheet. The current total debt position of $27 billion is favorably down $4 billion over the past year. Deleveraging should support a higher valuation for Carnival stock, which trades at just 13 times its 2025 EPS forecast as a forward price-to-earnings (P/E) ratio, notably at a large discount to Disney stock's forward P/E of 20. The attraction of Carnival as an investment is its combination of compelling value and growth potential. Investors confident that Carnival is sailing in the right direction have plenty of reasons to own the stock for the long run. CCL PE Ratio (Forward) data by YCharts. The last few years have been far from a fairytale for Disney shareholders, as the media giant has navigated numerous challenges. Despite record results from its experiences segment that includes the theme park empire and the growing cruise line business, the entertainment business has been forced to contend with volatile box office trends and a reset of expectations in streaming. Disney stock is down 7% over the past five years, marking a major underperformance compared to the broader market. Yet, the latest trends point to what may finally be the start of a sustained comeback. In Disney's fiscal Q2 (for the period ended March 29), revenue increased 7% year over year while adjusted EPS surged 20%. The big story was the robust momentum from the streaming offerings where Disney+ added 1.4 million customers during the quarter, brushing aside concerns that recent price hikes would push subscribers away. Hulu and the ESPN digital properties have also been growth drivers, with Wall Street cheering Disney's efforts to bundle packages. Disney is targeting EPS of $5.75 for fiscal 2025, an increase of 16% from last year, with management projecting optimism that the company's strategic initiatives are gaining traction. Compared to Carnival, Disney stock benefits from its more diversified profile backed by a globally recognized brand. Ultimately, investors who believe the company is just getting started on its plan to dominate streaming media have a great reason to buy the stock today for a diversified portfolio. Picking between Carnival and Disney as the better stock to buy is tough, as I'm bullish on both and predict each will deliver positive returns in the second half of the year. If forced to pick just one, I predict Carnival stock will outperform on the upside. In my view, Carnival's growth story is still underappreciated by the market, which means its stock may be undervalued and could be poised to break out higher. Before you buy stock in Carnival Corp., consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Carnival Corp. wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,102!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $882,344!* Now, it's worth noting Stock Advisor's total average return is 996% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Dan Victor has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Walt Disney. The Motley Fool recommends Carnival Corp. The Motley Fool has a disclosure policy. Best Stock to Buy Right Now: Carnival vs. Disney was originally published by The Motley Fool Melden Sie sich an, um Ihr Portfolio aufzurufen.

Best Stock to Buy Right Now: Carnival vs. Disney
Best Stock to Buy Right Now: Carnival vs. Disney

Globe and Mail

time11-06-2025

  • Business
  • Globe and Mail

Best Stock to Buy Right Now: Carnival vs. Disney

Leisure and entertainment giants Carnival (NYSE: CCL) and The Walt Disney Company (NYSE: DIS) offer an abundance of options for anyone thinking about taking a vacation this summer. The two companies can also represent compelling investments, with both stocks gaining momentum in recent months. Can the rally keep going? Let's discuss whether shares of Carnival or Disney are the best buy for your portfolio right now. The case for Carnival stock As the world's largest cruise line operator, Carnival is capitalizing on an industry renaissance, with data suggesting that this form of vacation travel is more popular than ever. Efforts to optimize its fleet and enhance financial efficiency are paying off, with the company posting multiple operating records. In the first quarter (for the period ended Feb. 28), Carnival management noted "incredibly strong demand," which helped results outperform prior guidance. Revenue of $5.8 billion increased 7.5% year over year, fueled by climbing capacity and higher pricing. Carnival ended the quarter with $7.3 billion in customer deposits for future voyages, surpassing last year's $7 billion record. Even more impressive has been Carnival's ability to control costs, translating into surging profitability. Adjusted earnings per share (EPS) of $0.13 reversed a loss of $0.14 in the prior-year quarter, underscoring the company's newfound financial consistency. The expectation is for these trends to continue. The launch of Celebration Key, a new private island destination opening in July, and the delivery of three new ships by 2028 should drive further growth. Carnival is guiding for full-year EPS of $1.83, representing $2.5 billion in adjusted net income and marking a 29% increase from 2024's result. The outlook is encouraging as it should allow the company to improve its balance sheet. The current total debt position of $27 billion is favorably down $4 billion over the past year. Deleveraging should support a higher valuation for Carnival stock, which trades at just 13 times its 2025 EPS forecast as a forward price-to-earnings (P/E) ratio, notably at a large discount to Disney stock's forward P/E of 20. The attraction of Carnival as an investment is its combination of compelling value and growth potential. Investors confident that Carnival is sailing in the right direction have plenty of reasons to own the stock for the long run. CCL PE Ratio (Forward) data by YCharts. The case for Disney stock The last few years have been far from a fairytale for Disney shareholders, as the media giant has navigated numerous challenges. Despite record results from its experiences segment that includes the theme park empire and the growing cruise line business, the entertainment business has been forced to contend with volatile box office trends and a reset of expectations in streaming. Disney stock is down 7% over the past five years, marking a major underperformance compared to the broader market. Yet, the latest trends point to what may finally be the start of a sustained comeback. In Disney's fiscal Q2 (for the period ended March 29), revenue increased 7% year over year while adjusted EPS surged 20%. The big story was the robust momentum from the streaming offerings where Disney+ added 1.4 million customers during the quarter, brushing aside concerns that recent price hikes would push subscribers away. Hulu and the ESPN digital properties have also been growth drivers, with Wall Street cheering Disney's efforts to bundle packages. Disney is targeting EPS of $5.75 for fiscal 2025, an increase of 16% from last year, with management projecting optimism that the company's strategic initiatives are gaining traction. Compared to Carnival, Disney stock benefits from its more diversified profile backed by a globally recognized brand. Ultimately, investors who believe the company is just getting started on its plan to dominate streaming media have a great reason to buy the stock today for a diversified portfolio. Verdict: Carnival is my pick Picking between Carnival and Disney as the better stock to buy is tough, as I'm bullish on both and predict each will deliver positive returns in the second half of the year. If forced to pick just one, I predict Carnival stock will outperform on the upside. In my view, Carnival's growth story is still underappreciated by the market, which means its stock may be undervalued and could be poised to break out higher. Should you invest $1,000 in Carnival Corp. right now? Before you buy stock in Carnival Corp., consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Carnival Corp. wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,102!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $882,344!* Now, it's worth noting Stock Advisor 's total average return is996% — a market-crushing outperformance compared to174%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025

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