17 Burst results for "Moffitt Nathanson"
"moffett nathanson" Discussed on Behind the Numbers: eMarketer Podcast
"Folks we are back today in other news nielsen. No longer be fed policy accredited by the mossy on national. Tv advertising minutes per hour up or down and how his apple tv plus guessing on story one kelsey sutton of ad week rights. it's finally official nielsen's national tv service which has long served as a crucial measurement backbone for the tv media. Industry will no longer be third party. Accredited by the independent media rating council effective. Later this month she writes inside. intelligence analyst. daniel concerned. Novic explains that this comes after nielsen was being accused of under counting viewership in the all important. Eighteen to forty nine demographic since least may of this year poll. What does this all mean. Well this was not unexpected because the porsche to have this. Accreditation reviewed started some months ago. And we've been talking about it in in documenting it in various ways so it definitely didn't surprise me and probably anyone that the decision was actually made to suspend accreditation and in recent days. Nielsen had asked for this process to be put on hold and that didn't happen so it's really not a surprise but it is a big deal because not only. Does it remove this third party sort of approval that that nielsen has had a you know around its service. But i think more importantly it's just an escalation in the very fraught relationship between nielsen and its core customer base. Who are the tv networks. There have been some shots across the bow over the past several months in really years but lately i think things have been ratcheted up in this is just a combination of that relationship danielson nursing last week then. Nbc universal said it was partnering with quote unquote a broad network of trusted partners to create question quite a full suite of interoperable measurement solutions because measurement companies want able to measure changing viewing habits. Are daniel concessional which also noting the despite tv being in declining medium accounting for twenty three percents of and spending today but ticking down to seventeen percent in four years he says quote a new metric for tv. Engagement also has the potential to change. The course of tv's perceived downward trend and bring back lost advertisers close quote story to national tv. Advertising minutes per hour grew sharply by six percent year on year in cute to be maybe wondering why said shop the six percent. The shop is because it's the sharpest quarterly spiking years royce west coast editor of media post wayne freedman and analysis from moffett nathanson survey eight major tv network groups and independence if found tv commercials. Minutes per hour across total. Dave ewing was at thirteen point three minutes per hour versus twelve. Point six minutes per hour last q to so from twelve point six thirteen point. Three poll say big medium or little deal. I think it's par for the course. It you know you cited earlier some of the stats on tv advertising tv viewership there obviously both Down or i mean you know. Tv advertising has flatlined and basically what's going on is the networks feel like the only way to make up for this loss his to as our one time colleague and renowned tv industry consultant gerard. Broussard says stuff the bird. So i think that's a appropriate analogy to what's going on. They're really just trying to cram more admits into each hour. There's obviously a ceiling to how much people will tolerate. But i think in the absence of another you know of any viable unitive. This is what the tv networks or at least some of them feel like they have to do. Discovery showed the biggest growth up sixteen percent year on year to an average of thirteen point. Seven minutes the to tv networks with the most average commercial minutes were any networks. Fourteen point seven and viacom. Cbs fourteen point three minutes. Walt disney networks had the lowest commercial minutes per hour. Eleven point seven up just three percent. Year-on-year story three. How has apple. Tv guessing on well number one team mobile is giving customers a free year apple tv. Plus knows heim gothenburg of the verge both new and existing subscribers to its magenta and magenta max plans get a year of apples. Newish streaming service. If you buy an apple device you also get the additional three months that comes with that. Say fifteen months in total number two twenty time emmy nominated tv show ted lasso for potentially best comedy and best actor for mr lasso played by jason sedate. This has become a hit for apple. Twenty nominations a record for the most emmy nominations for a freshman comedy and the second season premiere was the most stream show on apple. Tv plus but paul. Is this enough to help apple. Tv plus actually get itself into the streaming wars conversation. Well just to start with t. Mobile offering this is what we were talking about earlier in relation to mostly to disney but also in general to bundle deals. And when you have something like this it definitely boosts viewership and subscriber numbers but it could be sort of a false front and you. You just have to wait until those things. Play out to see what happens. I think to the larger point of the content on apple. tv plus. I think we can all agree even without the kinds of metrics that we would like to see and and you know the kind that in a previous lifetime nielsen would provide. We don't really have hard numbers as to exactly what is meant by hit. But ted lasso i think by any stretch is ahead. It's really kind of hit the zeitgeist and as you mentioned those twenty emmy nominations. That's a staggering number. And i think it's just part of so many conversations and and has really really struck a chord and come out of nowhere to do it because when it launched last year it wasn't really a on a lot of people's radars and then it just kind of like worked its way into public consciousness so the key here is can apple. Do this again and again and again. I've said before that. With tech companies like netflix and amazon getting into entertainment. They basically go from being silicon valley companies to being hollywood studios and that means they're relying on hits and hits her very mercurial. You can definitely use your data to try to target and do some content planning but at the end of the day. Nobody ever knows what's going to resonate in what's not so if apple can make lightening strike you know two three or four times and yet i think it will be a big part of the conversation If it can't then you know may have more of a niche in the market lightening striking to three or four times. I think is for me. The hitting the nail on the head that. Because i think yeah. If you've got one hit show you get people interested if you have two three or four decent shows than you can get someone to subscribe because there's more there other than just that one hit show and if you can produce five to ten maybe fifteen other pieces of interesting content you can keep people around but we'll see and just a little coda there when you have or if you have a whole sort of sweet of hit shows. Then you can also stagger them in the calendars so that you reduce churn. And that's what netflix has gotten very good at doing. so that's another benefit of course of having more than one hit yet absolutely info for today's episode. Thank you so much to pull right to be here as always thank you of course. Thank you to victoria. She edits the show next. everyone listening. See you guys tomorrow. Hopefully for the behind them as daily. And you mocked poke made possible by tech's..
"moffett nathanson" Discussed on Wall Street Breakfast
"Was dance favorite in two thousand nineteen but has drawn heavy criticism for those saying it's sexualize young girls. The company had apologized over a cuties poster back in August but says, the show is a social commentary against the sexualization of young children. While Netflix, shares fell nearly four percent on Thursday. The trajectory generally mirrored the broader Nasdaq market and the stock is up one point four percent in pre-market trade. In other news. Dogged by political controversies and negative reviews. Disney's two hundred, million dollar live action. Remake of lawn is headed for a week premiere in China Today. pre-sales for tickets stood at about eight point, two, million yuan or one point two billion dollars according to my own entertainment, which is less than one six of the opening day local box office collections for tenant by Warner Brothers. Disney partly created Moulana to woo audiences in China, but the film has now become a magnet for political attacks. The studio film some of the will be in Jinjiang where China is accused of committing rights abuses against billions of we are. Muslims while lead actress. Louis fee has publicly supported the police crackdown in Hong Kong. The NFL regular season kicked off last night with the defending super bowl champions, Kansas City chiefs beating the Houston Texas thirty. Four, twenty. National Audience Impressions might be even higher this year according to Moffett Nathanson which cited the relative lack of competing programming and changes in viewing habits not to mention a public starved of live sports and twenty twenty. A look at the networks broadcast schedule suggests Fox may benefit from the best matchups followed by NBC and CBS while Espn trails badly on that count. Futures are trading higher once again with the Dow up two hundred, sixteen points and s and p five hundred and Nasdaq ahead by one percent and one point four percent respectively following abolish. On Thursday that saw the recent tech selloff resume. Market liquidity remains thin and this can leave stocks vulnerable to exaggerated moves around big options trades according to j. p. Morgan Chase, and company investors also remained worried that valuations may have been stretched too far. On the economic calendar today, the US labor. Department. is expected to report that consumer prices increase point three percent in August following point six percent rise in July. It'll either be closed up or sell it. President Trump told reporters there will be no extension of the tick tock deadline. There isn't much time before the September fifteenth cutoff date meaning deal would have to be announced in the next few days to prevent shutdown. Suitors including Oracle and a team of Microsoft and Walmart have reportedly been discussing four ways to structure an acquisition from parent.
"moffett nathanson" Discussed on WCBM 680 AM
"Six feet apart while getting their fresh air governor Hogan wants top officials in Washington to get people the help they need and stop talking about outside issues on CNN's state of the union the Republican governor took his party and Democrats to task for saying they'll do another aid bill only if they get certain things in exchange Hogan implored both parties to act saying it's time to get something done sixty nine degrees in Baltimore reporting a four thirty two I'm Michael Philip Elliott six eighty WCBS news I'm Tom exchange this is the fox business report stocks reversing course and shaking off earlier losses in the final hour of trading and closing in the green as a rebound in oil prices fueled gains in energy stocks airline stocks getting hammered today after Warren buffet set his Berkshire Hathaway has sold all of its holdings in the U. S. airline industry tech companies gaining today of boosting the nasdaq the Dow winners apple Exxon Mobil and Microsoft outlook liners caterpillar Raytheon technology and Dow chemical all Wall Street by the numbers the Dow clawing back after being down over three hundred points closing up for the day twenty six the nasdaq up one oh six the S. and P. is up twelve shares of the mouse house falling over two percent today after Disney receives a downgrade from a Wall Street firm Moffett Nathanson the firm says the economic hit to the entertainment company would last longer than many expect that your fox business reports time Tom Graham invested in you do you just imagine which you can make for you dimensional change the single one of us could make the stars align when we come together sure sure wishes and stars make a wish we start do you.
"moffett nathanson" Discussed on WBZ NewsRadio 1030
"Cast ballots in the primary Sherri small WBZ Boston news radio Massachusetts senator Elizabeth Warren says she is staying in the presidential race that's despite a low finish from the South Carolina primary senator Warren spoke in Houston Texas where after congratulating Joe Biden on his victory said she was the only candidate that would be able to deal with a potential corona virus issue prices demands more than a former vice president who is so eager to cut deals with Mitch McConnell in the Republicans that hill trade good ideas for bad ones and this crisis demands more than a senator who has good ideas but his thirty year track record shows he consistently calls for things that failed to get done and consistently opposing things that never the last details she says she's looking forward to future contests it's election day in Israel tomorrow but it's not just Israeli prime minister Benjamin Netanyahu when general Benny Gantz or on the ballot so is president trump's Mideast peace plan A. B. C.'s Jordana Miller is in Jerusalem both candidates vying to be Israel's leader have expressed support for president trump's Mideast peace plan but it's clear that prime minister Benjamin Netanyahu and his challenger general Benny guns would take very different approaches to the deal the time now is vowing to immediately annex parts of the disputed west bank and is mapping out those areas with U. S. officials Khan says he will only move forward with the deal in coordination with the international community and the Palestinians both of whom oppose annexation and other parts of trump's peace deal Giordana Miller ABC news Jerusalem it's three oh wait in time to check business Americans are cutting the cord with cable TV at a faster rate than ever before new research shows just sixty five percent of U. S. households now have traditional cable or satellite pay TV down from eighty seven percent a decade ago so where did all those viewers go to streaming services and Craig Moffett founder and senior analyst at Moffett Nathanson says they're split into two very different viewing groups you're actually seeing sports and entertainment the couple and the customers who are not really interested in.
"moffett nathanson" Discussed on Bloomberg Radio New York
"Dollar British pound one point three zero one zero and again what nine point one zero Las Vegas sands MGM resorts international and win resorts are all falling in the pre market after Mattel is government shut casinos temporarily in the world's biggest gambling hub Las Vegas sands and G. and and winter down more than six tenths of a percent this morning we're also watching shares of Tesla they continue to rise this morning up more than thirteen percent at eight hundred eighty three dollars a share that's adding to Monday's twenty percent gain and Google faces one more probing the European Union over concerns the company's processing of user location data could violate the blocks tough privacy rules that's a Bloomberg business slash Tom Donnelly said Karen thank you so much John for Lisa brown what's in time he throws your where this for an incredibly important discussion now on the state of what we do all day which is the media were plugged into a Michael Nathanson is with Moffett Nathanson Michael I've got to go first your colleague Craig Moffett on Comcast hugely interesting this morning you go to a buy and Comcast am I right to say that the part of Comcast it's Nathanson like which is the valuation of their news in entertainment assets that's is worth zero is NBC universal barely valued within the valuation of Comcast right good morning time at that that's our call your creditors been rightly negative on the media side of NBC are alive Comcast but at some point you just got ridiculous and and this level we think given the value of cable cable assets the entertainment assets are literally treading for free so we switched we switch courses and are graded to a buy after a couple years of really being negative on them hostess you know it was a bunch of deals we have like thirty two dollars a share forty three dollars a share and Comcast I'm sure you'll have to start what's the value of N. B. C. universal in the all in price target Moffett Nathanson as well being if you look at where you know it's not Disney because Disney Disney will talk about it has really changed their narrative but he said you're seventy nine times needs you probably have another you know ten twelve Bucks a value at Comcast is beginning and we see you at a fair value so it's a little weird charter strategy which is pretty a proxy for cable do you have a free pass for NBC it's a very I think it's very straightforward mexicana sense and people looking for things to buy as you all know and this is a pretty good name Michael gets we talk about price just quickly I had an email from Yahoo live a couple months back hi can the price of my monthly healing power here Rico quite aggressively always gonna buy a kit that make it today the point you will provide what points we meet and make an inflection point where I just sit there and think you know what just come back to cable what's this about yeah John you know what that this past year better question point has come I would say do the engine and Thomas this for years what's the what's your shoe from cord cutting we'd say the drip drip drip negative one negative two percent cord cutting rates this year it's going to negative four negative five because people are now seeing their bills rise and on the margin there either kind of chord or their or they're going back to their your traditional ways watch TV but the mistake industries made is that they've just taken pricing up on bundles to a level that is just too high so you know we're seeing that your we'll worry play out more ball across ecosystem with cord cutting really accelerating its twenty nineteen and twenty twenty Michael there's an a question sort of implicit in that is the model going to continue to be purely on subscription fees or will there be a chef to an advertising supported model and I'm thinking on the heels of the Superbowl with a record five point six million dollars committed for a thirty second spot at what point will streaming commands similar types of of prices to sort of support these okay so so there's a ton and in in an answer so what say you to John's first question we're gonna have a lot what your people subscribing to pay TV the KGB core users going to be a sports and news bad who as you know will be a bit indifferent to pricing that is going to be a layer of people who buy things on the man that your question about advertisements for video that's a growing field called Avon NC more companies pushing advertising video on demand sports business model.
"moffett nathanson" Discussed on Bloomberg Radio New York
"Believe that the entertainment like services because all these are entertainment not sports but for the entertainment like services that the price that they should pay is something like zero that's right obviously troubling what about the difference between an ad supported model or more subscription based model what works well it will we haven't seen the ad supported service is yet to be able to judge very well but the remember in what Comcast unveiled a week ago caps the advertising loaded about five minutes per hour so far less advertising than what you're used to seeing even in subscriptions sponsored cable so if you're going to be able to generate enough revenue to make that a really compelling business you're going to have to get a big up left in CPM Sir the price per thousand viewers that advertisers pay for and that will depend on on ultimately how good that advertising is a driving sales and and we just don't know yet but but it's it's they they face an uphill challenge while the story continues with Craig Moffett of Moffett Nathanson thank you for joining us and coming up a vehicle with no steering wheel or paddles we'll take a look inside the crews of origin details of our interview with long time auto executive Dan and I'm in Max this is Bloomberg Jumpin on the self driving car bandwagon alongside names like way now and Tesla is General Motors cruise but there's a catch the new vehicle unveiled Tuesday has no steering wheel or pedals with the all electric crews origin CEO Dan am and wants to completely replace the conventional car he spoke to Bloomberg at Ludlow this is to make transportation safer for everybody and then the best way to do that is to remove the seven out of the loose ends to get the self driving performance to superhuman level capability eTools.
"moffett nathanson" Discussed on WBZ NewsRadio 1030
"Boston the sunshine popping through and we're at thirty one degrees at seven thirty five firefighters in Dudley called to a blaze on Thursday and how did it start WBZ TV is Katie brace tells of vape pen may have sparked a fire that destroyed a car damage to nearby house pictures on the day of the fire department show that car fully engulfed by flames and he began to melt the siding on nearby homes fire officials say the car was too badly damaged to the exact cause of the fire but a vape pen in that car is the only ignition source like a fine and the car was a total loss a small plane crashing into a lake yesterday in Halifax the pilot pulled from the water by residents not injured the crash was the second of a small plane this weekend another small plane crashing in a wooded area in the Berkshires on Friday night that pilot attempting to make an emergency landing at North Adams airport to adults sandy teen it taken to the hospital with minor injuries several cars on a freight train derailed in crossing the Potomac River near Harpers ferry West Virginia sending two cars into the water yesterday the derailment also damaging a footbridge that is part of the Appalachian Trail C. S. X.'s said in a statement there were no injuries it says all the cars were empty no hazardous materials were involved because of that derailment under investigation Rhode Island man who killed a woman and injured two others before killing himself on Thursday had threatened gun violence years ago W. P. R. I. television reporting that divorce filing show that Joseph G. a cello had threatened to kill his wife and himself seventeen years ago and was admitted to a mental health hospital at the time a judge also issuing a three year restraining order after his ex wife detailed the violent and abusive relationship jet cello opened fire Thursday morning at Babcock village a housing complex in westerly where he lived authorities have not disclosed a motive new developments in the stabbing death of a barnyard college student in New York ABC Zachary Kish reporting police are now asking for the public's help locating a teenager in connection with last week's murder police have released new pictures of a fourteen year old boy one two in connection to the killing of eighteen rolled Tessa majors investigators say up to three young teenagers were involved in that deadly robbery police say majors fought back even biting when the attackers before she staggered up with steep staircase and later died a thirteen year old boy has been arrested and charged with felony murder in police say he implicated himself into friends in the crime more than one thousand people attending a private ceremony honoring Tessa majors yesterday at her high school finance bill field school in Charlottesville Virginia sports coming up in just a few minutes the patriots wrap up another A. F. C. east crown yesterday beating the bills in Foxboro final score of twenty four seventeen about the patriots now have one seventeen division titles in the past nineteen years so now patriot fans root against Kansas city today the chief lose the patriots can lock up at least a number two seed they can do it also with a win next week final week of the regular season over the dolphins it is seven thirty eight time now for check on Wall Street with Bloomberg here's Charlie tell cord cutters love to watch TV streaming services and tell the free trials expire and that's a problem for the industry they're able to sign up quite a lot of people Disney and just really one day was able to get ten million people for free offers and a massive promotional push they're making for the services the question is how long they're going to have people gonna hang on Chris Paul merry wrote the story for Bloomberg news it's a big problem for the streaming services on average they lose about ten percent of their customers per month and even though the churn rate is high a free trial is still the easiest way to get customers to try your product now even though as many as two thirds will drop out is this is still sort of a relatively cheap way to get a new customer but some analysts are questioning the strategy research firm Moffett Nathanson says the offers may be eroding customer's willingness to pay for content in the long term on Charlie Pellett Bloomberg business on WBZ Boston's news radio coming up we'll head out on to the campaign trail Bernie Sanders drawing some big crowds out west you know the mortgage rates have plummeted to a three year low enter nearing his store close at the same time home days gone abruptly fifty percent in the last several years however they seem to be peaking now maybe it's time to put that equity to work by paying off high rate credit cards personal loans or remodel your house hi Leslie Hoagland with Westland financial let us put you in a position to do any of these things with no closing costs that's right nothing's rolled in your loan whether it's conventional FHA or VA will pay your title settlement lender and recording fees maybe you just want to lock in a lower rate or refinance at a paying mortgage insurance all takes a five minute phone call sailing save thousands of dollars.
"moffett nathanson" Discussed on Newsradio 1200 WOAI
"TV please slowly across to where there's first we had forty one I like those odds does your numbers from Wells Fargo securities included the on demand offerings from traditional pay TV services twenty twenty is definitely going to be all about streaming and twenty nineteen might be remembered as the tipping point Bloomberg intelligence media analysts Gita run good nothing over the past forty five years about one in five additional pay TV subscribers have cut the cord research firm Moffett Nathanson says two in five current cable subscribers are at risk of cutting the cord in the next five years the remaining subscribers it says are staying for sports and will supports the pay TV eco system if the pro sports leagues don't cut the cord I'm Tracy junkie Bloomberg business for newsradio twelve hundred W. O. A. I. W. away I news time five oh six time to check on your money in the world of business with the Bloomberg news desk investors this week will focus on any progress toward a U. S. China trade deal a tear of deadline is approaching they also have the feds final interest rate setting meeting of the year on tap stocks surged one percent on Friday after a much better than expected November jobs report the Dow was up three hundred thirty seven points the future of the U. S. wireless industry hinges on a court battle kicking off today in federal court in Manhattan the case could end with T. mobile buying sprint but the judge will weigh arguments from some states that want the deal blocked saying it would raise consumer prices Disney's animated musical frozen to nab the first place again at the US box office for the third weekend in a row com score says it took in almost thirty five million bringing its north American hall to just over three hundred thirty seven million dollars and putting it a little closer to overtaking it's twenty thirteen predecessor.
"moffett nathanson" Discussed on The HT Guys
"Or sound is e. dot com while a link to to that at our website and he says it supports pretty much every music service out there so if anyone else has kind of got that the fear of migration and you don't want to try to move all of your content and play listen everything over sounded sound is or saudis i i would never use but <hes> it's s._o. U. n. d. is e. Dot com <hes> and like brandon said there's a link at the website for that so it's something to give a shot. If you want to try to do immigration yeah anton welcome and welcome to to the show all right. Let's move over to news and <hes> i article hulu while the publicly publicly reported pay-tv customer numbers i for the second quarter have been universally bad <hes> could the ones not being disclosed create a very different narrative according to moffett nathanson analyst analyst craig moffett burchell m._v._p. Dis <hes> hulu and live t._v. Youtube each added around three hundred thousand customers in the second quarter who lose virtual pay t._v. Service now has about two point four million customers <hes> which rank it on par with <hes> category leader sling t._v. The operator dish network reported that sling t._v. finished q. two with two point four seven million subscribers while adding adding forty eight thousand during the quarter youtube t._v. Would rank third was about one point five million users and again. Neither hulu nor google have reported any official subscriber numbers for their receptive virtual pay tv services in quite some time whose.
"moffett nathanson" Discussed on Bloomberg Radio New York
"Of promises to cut back on ads last quarter commercial time rose one percent according to Moffett Nathanson the volume of ads increased every quarter last year an expanded again in the first half of twenty nineteen Corning done hope Bloomberg radio the Federal Trade Commission is scrutinizing a deal made with apple to sell iPhones directly on a T. commerce site and apple reseller who sells refurbished apple products said in a Facebook post last month that about seven lawyers and economists from the FTC interviewed him about the deal he made the posting in a group of apple resellers that complained about being forced to stop selling their refurbished products on Amazon concerns that Amazon may be short changing smaller merchants that sell on its market place have already drawn scrutiny from European antitrust officials and the US Congress global news twenty four hours a day on air and at tick tock on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Jeanne Meserve Eddie this is Bloomberg what I'm June Grasso ahead in this hour the Supreme Court hands president trump a significant victory in his border wall fight the justice department may have said yes to the T. mobile sprint merger but fourteen states still say no a major victory for taxes as it avoids federal supervision of its changes to boating map and the FTC fines Facebook a record five billion dollars and then starts a new investigation into yes Facebook in.
"moffett nathanson" Discussed on Bloomberg Radio New York
"Killed twenty six I eleven hand and on she knows her body and the Bloomberg nine sixteen newsroom partly cloudy skies tonight in San Francisco a low of fifty five degrees Warren Buffett's conglomerate touches so many parts of U. S. business with that scores of companies that it's sometimes used as a measure of the economy Berkshire Hathaway's latest quarterly results show some evidence of the American consumer pulling back soft consumer demand hit units from Berkshires group of home furnishing businesses to its BNSF railway the company's revenue from consumer products which includes makers of under wear jewelry and motor homes fell eight point six percent in the quarter and the battery company Duracell saw customers delaying orders until the third quarter if you've noticed more television ads lately you're not imagining it Bloomberg's Courtney done a whole has more the amount of commercial time on cable TV keeps increasing as networks try to make up for shrinking audiences but it's nothing more ads into every hour of television that's despite years of promises to cut back on ads last quarter commercial time rose one percent according to Moffett Nathanson the volume of ads increased every quarter last year an expanded again in the first half of twenty nineteen Courtney done hope Bloomberg radio Federal Trade Commission is scrutinizing a deal made with apple to sell iPhones directly on a T. commerce site and apple reseller who sells refurbished apple products said in a Facebook post last month that about seven lawyers and economists from the FTC interviewed him about the deal he made the posting in a group of apple resellers that complained about being forced to stop selling their refurbished products on Amazon concerns that Amazon may be short changing smaller merchants that sell on its market place have already drawn scrutiny from European antitrust officials and the US Congress global news twenty four hours a day on air and at tick tock on Twitter powered by more than.
"moffett nathanson" Discussed on WBZ NewsRadio 1030
"Of national intelligence president trump says Texas congressman John rock cliff a Republican and seen as a trump loyalist is no longer under consideration blaming what he calls unfair media coverage CBS is a livia gases as congressional leaders want the president to find someone soon the president last week indicated that Dan coats current deputy sued Gordon the principal deputy director of national intelligence who is a career intelligence official has been his right hand throughout his tenure in office also isn't assured the acting director role and that has caused a lot of push back from the hill senators Richard Burr and mark Warner who had the intelligence committee I'm told are burning up the for the phones to make sure that there is some continuity critics have been questioning reckless qualifications sense the nomination was first announced president trump says his policies are working he points to the labor department's job reports today the economy added a hundred and sixty four thousand jobs in July the unemployment rate at three point two percent though employers did slow they're hiring for the month Bloomberg business news this evening with Tracy jockey wallstreet had a lot to wrestle with fresh terrace on made in China goods Beijing saying it would retaliate and news on jobs employers added a hundred sixty four thousand jobs in July the Dow fell ninety eight points the nasdaq down a hundred seven the SNP's down twenty one points if you're still watching TV on TV you are watching more commercials an analyst at Moffett Nathanson says cable networks have been increasing ad time every quarter since two thousand seventeen Viacom channels run the most adds more than fourteen minutes I'm Tracy junkie Bloomberg business on WBZ Boston's news radio and coming up on WBZ a mayor bill de Blasio on the death of Eric garner until today the garner family has been failed.
"moffett nathanson" Discussed on 106.1 FM WTKK
"Market minute presented by Hendrix business systems this is a Bloomberg market minute stocks careening toward the worst week of twenty nineteen that's president trump escalates a trade war with China he announced a ten percent tariff on another three hundred billion dollars of Chinese goods the new import taxes could come into force on September first the labor department released its monthly jobs report employers added one hundred sixty four thousand jobs to the payrolls last month almost right on the nose for economists expectations the jobless rate held at three point four percent this signals ongoing strength in the labor market as employers added workers at a high enough pace to sustain the expansion Exxon and chevron posted earnings it surpassed analysts' expectations boosted by searching output in the Permian basin Exxon's output almost doubled their and noticed more TV ads lately you're not imagining it last quarter commercial time rose one percent that's according to Moffett Nathanson the volume of that's increased every quarter last year an expanded again in the first half of twenty nineteen Courtney done hope Bloomberg radio here's a tender little tale fresh from the trail about a cowboy fell in love with a cow girl named Dale it was love at first sight that's what they said this week something sure went to their heads they walked and talked and shot the breeze held hands and kissed under the trees in the cow girl whispered let's get some food so they rode on to a place that looked good found a Roy Rogers restaurant just around the band cabaret said wasn't Royce some kind of legend Calabro said works for me how about you cow boy smiled I like it too folks of Roy said they're happy dues yell sit right down here Buckaroos before too long they were feeling at home cowboys said not better than where the buffalo roam three piece combo is a tasty surprised new chicken tenders soft drinks and fries each big tender was specially chosen the chicken was hand breaded fresh never frozen when they had their fill they said their goodbyes cowboys said we'll be back there's lots more to try folks at Royce said see you soon you too meanwhile happy trails to you door dash is now available at dissipating restaurants.
"moffett nathanson" Discussed on WBZ NewsRadio 1030
"Trump holding a rally last night in Cincinnati the rage filled Democrat party is strong America apart president trump came out swinging against Democrats at his campaign rally Thursday night in Cincinnati the Democrat party is that bye for left wing extremists to reject everything that we hold dear the president referred again to the so called squad of progressive Congress women of color president trump also hit Democrats over the issue of urban poverty days after he went on the offensive against Maryland representative Elijah Cummings and it's now ten thirty six meantime the president's latest social media feud has been with Maryland congressman Elijah Cummings in the city of Baltimore as a whole afterward came out the congressman's home and been burglarized overnight the president tweeted this morning called really bad news the Baltimore house of Elijah Cummings was robbed it too bad meantime former red Sox star also in the president's corner Johnny Damon telling TMZ sports although the president's previous words about Baltimore were a little harsh you're grease in hopes the president's comments will raise awareness for the city and help change things in the end meantime immigration activists taking a Fenway last night unveiling a banner along the green monster a black banner was on Ravel that said no why snow prisons no more cages it's a group called deeper than water behind the banner they said they wanted to send a message to the American correctional association saying they demand to shut down the cages stop accrediting facilities that abused people and violate human rights and also make the credentialing process public it's now ten thirty seven a Roxbury man forgot his scooter ran on batteries police in Cambridge overnight responded to an incident with a motorized scooter and Kendall square well the scooter failed to stop what officers called over to own the scooter driver was then observe the distance later driving reckless and also giving some obscene hand gestures to police as he drove off however he pulled on the mass seven memorial drive that is engine ran out the battery died cops caught up to him thirty nine year old armor can it was taken into custody arrested on failure to stop for police meanwhile a woman from Chicopee last month lost both her and gave two men and wedding rings in the water at Hampton beach she thought they were gone for good losing him in those crowded beach waters but wouldn't you know it good Samaritans coming to the rescue in the clutch as a man from Hampton found the rings about a week ago with his metal detector is she's walking the beach he pocketed them and brought them home his wife told him well you've got something special here he wound up scouring the hit the beach lost and found looking for request he found nothing but anyone on Facebook found the message in a match for the photos the rings now back with their rightful owner it's ten thirty eight now it's time for business we go live to Bloomberg where we join Tracy junkie jam president trump's economic advisers suggesting there's time to avoid fresh terror of song China made sneakers toys and smart phones on September first Larry Kudlow tells Bloomberg a lot of good things can happen in a month the announcement sparked a sell off yesterday and is not over douse dropping two hundred seventy points nasdaq sell a hundred thirty seven espys down thirty four if you're still watching TV on TV you're watching more commercials analyst at Moffett Nathanson says cable networks have.
"moffett nathanson" Discussed on C-SPAN Radio
"We're going to create eight times a network capacity that would have on her own. We'll have to beat AT and T and some prices to fill this new capacity. This makes financial sense. It is good for business. But more importantly, it is our commitment. Lastly is true. The most mergers do not create jobs this mergers. The opposite this growth story. This new company will create new jobs, blue-collar and white-collar. Jobs jobs. In urban suburban rural America will need a skill network. Engineers construction, crews enterprise sales teams call center that we're going to bring back from overseas. A new sales rep from the new store opening. I can't thank you enough. For allowing me to speak today. As I mentioned, I'm grateful to this country American entrepreneur, I hoped it'd mergers approve I look forward to answer your questions. Thank you. Thank you, Mr. Cory, Mr. Shelton is recognized for five minutes. Presumption says Seleny ranking member Sensenbrenner chairman our ranking member Collins members of the committee. I name is Chris Shelton on the president of the Communication Workers of America. We represent seven hundred thousand employees and telecommunications and other industries, including more than forty five thousand in the wild send history. Let's tell it like it is this merger would kill American jobs. The press wages and raise prices on American consumers to enrich to foreign companies Deutsche Telekom from Germany and sauce. Softbank from Japan. Members of the committee that is treason. These are two of the worst companies in the United States when it comes to the treatment of workers, they ship jobs overseas and recent years T mobile has been charged with more labor law violations per worker, then even WalMart. Let's talk. Doc numbers. This merger would kill American jobs. We estimate that thirty thousand Americans would lose their job. If this merger is approved the Wall Street from Moffett Nathanson estimates this merger would kill twenty thousand jobs..
"moffett nathanson" Discussed on CNBC's Fast Money
"To be overturned do think that how do you where do you stand on how this might impact comcast bid for fox i think the way you guys had it was exactly right that this gives air cover to the fox board to choose the disney bid instead that's what they wanna do anyway this just strengthens their hand in doing that and so it is another nail in the coffin of any real chance for comcast to get that asset i think the market was already trading based on today's or last night's comcast bid for for sky i think the market was already trading the expectation that comcast was all but out of it for fox and i think now this is sort of the last nail in that coffin so it they're probably you're probably not gonna see comcast be able to do much more on fox is my guess and now you have to just figure out how hard are they going to go oh to try to get sky as a standalone and then what happens in the fact that in the circumstance that in that case disney would own part of sky and comcast would own the majority how quickly clinton's appeal take place craig in your view and we'll this stall any other potential media mergers that could be in the works many allen company conferences going on right now in sun valley i'm sure everybody's talking about who's going to buy who are who i can sell this company to and maybe that will get stopped yeah i remember everything was frozen while the deal was pending and for all intents and purposes to deal with pending again so i it's not crazy to think that a lot of this stuff is going to be frozen again with with the exception of fox because they already have the green light at fox to go forward with disney that is i i don't know how quickly this could happen i think you probably have the doj asking for at least a very expedited decision about whether the court will take the appeal that you might be able to get done in a matter of weeks but then if they take the appeal how long it would take for the appeal to happen i don't know all right crank thank you so much great to have your analysis on this breaking news craig moffett of moffett nathanson i just think of sun valley is like a huge dance party and i now the music lights on hold it every night oh okay what's the most interesting there one right now this probably i mean viacom was bid up on any of the takeover speculation i think that hurts viacom image way but i think cbs out of all the ones you look at can stand on its own in this environment at and t on valuation i it's a wireless company better than brian that's my view i'll go a little while to say lionsgate for the content this story.
"moffett nathanson" Discussed on CNBC's Fast Money
"Think about this again now maybe this doesn't go through probably doesn't but at least you have to think about it so takes some of the premium off some of these stocks again i still keep going back look look at how the stocks are trading i would have rather seen all of these people by some sort of east ea games take two something like that that to me is where the growth is i don't understand this whole thing the whole deal is crazy to me but then you look for companies that are selling what companies can stand on her own without emanate and i think cbs on valuation still make sense it's headed huge run from fifty to basically sixty in a month and a half and it's probably selling off in the aftermarket but i'm valuation and a company that can stand on its own regardless without all the noise i think if there's a self and cbs you buy that's all right well let's plan craig moffett from moffett nathanson who joins us now on the phone craig thanks so much for phoning in on this breaking news what's your take of what's going on here well i i'm surprised as everybody else the the decision was a resounding decision and the judge went out of his way to say don't bother to appeal this and from what i from what we understand this list your general was pushing back to the doj and was himself resistant to the idea of appealing the transaction so so but look there is there is a window here where you can argue a weakness in judge leon's ruling and that is that generally on affectively rejected the premise on its face that at and t would take into consideration that it's an integrated company when it's negotiating turner programming agreement and his logic was well the people at comcast said that nbc doesn't take into account that they're owned by comcast they don't negotiate any differently so why would it matter and it's just not a terribly credible argument to say that an integrated company doesn't take into account that it's an integrated company and if you reject that premise i suppose there's at least a little sliver of a window to say that the there's a basis for an appeal here that has to be at least my my early guests is that has to be what they appeal i don't know what their odds are but that has to be the argument that they make becomes the wedge with which the feds are able to overturn the ruling how does at and t undo undo what's been done has there been a lot of integration and ultimately do you think at better off without the deal roic twenty so i on the integration remember when they closed this deal they agreed with the doj that in return for for not seeking a stay they would keep the two assets separate until the doj formerly decided whether they would appeal so now the doj will have to make sure they don't start with the integration but up to now they haven't really started the integration of the two companies or at least supposedly they haven't started the integration so that in itself shouldn't be too big a hurdle again the the real the real issue here is just the the the decision from judge leon was so definitive that it it it's i i made one argument that they would make but there aren't a lot of arguments you can make for appealing this case and and so it's it has to be a surprise the second part of your question which is are they better off or worse off i've always thought that they were better off for the income statement but worse off for the balance sheet if they have time warner and so whether you think the balance sheet is more important of the income statement is more important determines whether it's good news or bad news the balance sheet has been dominating the conversation and so like guy i was surprised that it didn't actually trade up a little bit after after this announcement because up to now people have been treating it as bad news sal if you think that this decision is unlikely.