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Business

With media offers full, NFL eyes over $100 million per yr for its knowledge rights

NFL asking for 100% increase on TV rights, Disney pushing back

New York Giants wide receiver Sterling Shepard (87) caught a pass in the first half at MetLife Stadium in front of Pittsburgh Steelers strong security Terrell Edmunds (34) and linebacker Devin Bush (55).

Vincent Carchietta | USA TODAY Sports

About 30 minutes after the National Football League announced their new 11-year media rights deal this week, New England Patriots owner Robert Kraft praised commissioner Roger Goodell.

Kraft, the chairman of the league’s media committee, had many reasons to congratulate Goodell. He has just given more than $ 100 billion in media rights fees to NFL team owners. Kraft was so excited that he said working with Goodell on these negotiations was “one of the most enjoyable experiences of my professional career.”

Kraft added, “He regards his position as the steward of the league’s long-term best interest. Coupled with his unique strategic business acumen, we can achieve results like this. We are very happy to have him as ours.” Commissioner. “

Goodell has completed a decade of NFL labor peace and TV deals. Now he will oversee the league’s data rights that fuel sports betting. The NFL could seek over $ 100 million a year for its new data rights agreement, according to people familiar with the situation.

People said the NFL was trying to reconcile its new data rights deal with media contracts. The individuals spoke to CNBC on condition of anonymity for privacy reasons. One respondent said the NFL could charge as much as $ 250 million as its data rights continue to lead U.S. sports betting transports.

The NFL currently has a data agreement with Sports Radar and has a stake in the company since 2015. The terms of this agreement are unknown, but the parties are currently in talks to extend the agreement.

Sportradar is a data and integrity company that collects sports data such as live play-by-play and manages the NFL’s next generation stats using Amazon technology. The company has entered into contracts with sports game companies to provide data that will be used to set betting odds. Sportradar uses the SPAC (Special Purpose Acquisition Company) route to enter the public market.

The company also renewed its contract with the National Basketball Association last October. As part of his previous contract, she paid the NBA about $ 41 million a year. Chicago-based Stats Perform is also one of the best-known data companies.

The NFL did not provide an officer to discuss the matter and Sportradar declined to comment.

With regard to the broader agreement on media rights concluded on Thursday:

In this photo illustration, an Amazon Prime Video logo is displayed on a smartphone.

Mateusz Slodkowski | SOPA pictures | LightRocket via Getty Images

Amazon video ads could increase with NFL

Networks that had the NFL’s Thursday package aren’t going to lose the game entirely, as the two teams playing in the game have the competition on the air and Amazon has to pay the cost of production.

This can get expensive, but Amazon’s video ads will benefit from it. In a statement to customers, Morgan Stanley analysts wrote that Amazon’s video ads are the fastest growing part of the company’s advertising revenue of around $ 20 billion. And now that it’s all football, rates could go up. The tech company only tracks Google and Facebook to get market share for digital advertising.

“The Amazon deal is particularly interesting because it shows the importance of live sports content in the streaming wars,” Bill Wise, CEO of advertising software company Mediaocean, told CNBC via email. “It also shows Amazon’s continued foray into advertising and, with it, its unique ability to close the loop between screens and purchase.”

“For advertisers, the imperative is clear,” added Wise. “You need to think about omnichannel and consistently market your brands across screens to connect with fragmented audiences.”

Disney gains access to Super Bowl money

With Disney back on the rotation to broadcast Super Bowls, it will now be able to take advantage of the most watched U.S. sporting event and money that comes with it.

The 2021 Super Bowl commercials were around $ 5.5 million per ad. For the 2020 game, Fox raised more than $ 400 million from Super Bowl spots. Once it’s time for Disney in 2026, that rate could top $ 7 million per slot. Disney will also have a Super Bowl worth $ 2.7 billion a year in 2030 under its agreement.

The NFL’s Covid-19 Super Bowl in February drew 96.4 million viewers who saw the Tampa Bay Buccaneers defeat the Kansas City Chiefs 31-9. Although NFL attendance has declined, the game remains a draw for marketers.

“Linear television continues to be a major pillar of the branding budget and the Super Bowl offerings are reaching a reach like no other event in the world,” said Wise.

A FOX Sports TV cameraman during the Week 5 NFL game between the Atlanta Falcons and the Carolina Panthers at Mercedes-Benz Stadium on October 11, 2020 in Atlanta, Georgia.

David J. Griffin | Icon Sportswire | Getty Images

Fox was able to see effects after cutting TNF

Had Fox kept Thursday’s package, it could potentially have paid nearly $ 3 billion for NFL rights, counting the $ 660 million per year it currently spends on the TNF package. Advertising data company MediaRadar estimates that Fox’s 2020 NFL games generated around $ 2 billion worth of national advertising, largely from Sunday afternoon games.

“It’s the weakest of the packages,” longtime television manager Neal Pilson said of TNF. “No surprise that none of the networks wanted it, and it’s no surprise that Amazon stood up for it.”

However, unloading NFL rights comes at a cost to Fox. Deleting TNF could impact Fox stations ‘network of distributors and subsidiaries’ retransmission fees in 2024, which may have to pay less on Thursdays without the NFL.

Morgan Stanley said, “We assume that Fox’s existing retransmission agreements will not be affected by the loss of this content. Once these agreements are in place and Fox begins negotiating new distribution agreements with MVPDs and Fox station subsidiaries, the release of TNF cause costs. “

But one of the interesting parts of the new rights deal is that the network’s FoxBet gambling asset will become an official league sportsbook “when and when the NFL approves official sports betting operators for their officially licensed intellectual property,” according to one Fox Sports press release.

This puts Fox in the best position to take advantage of the popular NFL betting as the league continues to explore the sports betting arena and also help network partners. And once the NFL has organized its role in the sports game, Kraft’s praise for Goodell should only increase as more revenue is generated.

“We’re going to find ways we can appeal to fans through legalized sports betting,” said Goodell of media companies’ support for gambling. “But we have retained these rights and will see where these opportunities lie and how we work with our network partners. However, we assume that they will be involved in all of our activities in the future.” . “

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Business

The entire checklist of Academy Awards nominees

The complete list of Academy Awards nominees

History was made in the nominations for the 93rd Annual Academy Awards on Monday.

The 2021 Oscars marks the first time an all-black production team has been nominated for Best Picture. Producers Shaka King, Ryan Coogler and Charles D. King were honored for their work on “Judas and the Black Messiah”.

Monday’s announcement also marks the first time two actors of Asian origin have been nominated in the Best Actor category. Steven Yeun received a nod for his work on “Minari” and Riz Ahmed received a nod for “Sound of Metal”. Ahmed is also the first Muslim candidate in this category.

2021 is also the first year in which two women were nominated in the directing category. Chloe Zhao is nominated for her work on “Nomadland” and Emerald Fennell is nominated for “Promising Young Woman”.

Viola Davis, nominated for Best Actress for “Ma Rainey’s Black Bottom,” is the most nominated black actress of all time with four nominations and the only black woman with two nominations for best actress.

The competition for the best picture includes “The Father”, “Judas and the Black Messiah”, “Mank”, “Minari”, “Nomadland”, “Promising Young Woman”, “Sound of Metal” and “The Trial of the Chicago” 7 “. “”

Hollywood power couple Priyanka Chopra Jonas and Nick Jonas announced all the nominees in a two-part livestream that was streamed through the Academy of Motion Picture Sciences’ social media accounts and the organization’s website.

The funding period for this year’s nominations was unique. The ongoing pandemic has closed cinemas around the world for much of the past year, forcing the academy to make some changes to its rules.

For this year only, the organization has allowed films that would have gone to theaters to remain eligible if they debuted on streaming services.

Here are the nominees:

best picture
“The father”
“Judas and the Black Messiah”
“Defect”
“Ma Rainey’s black bum”
“Threatening”
“Nomadland”
“Promising young woman”
“Sound of Metal”
“The Trial of Chicago 7”

Best Actress
Viola Davis, “Ma Rainey’s Black Butt”
Andra Day, “The United States vs. Billie Holiday”
Vanessa Kirby, “Pieces of a Woman”
Frances McDormand, “Nomadland”
Carey Mulligan, “Promising Young Woman”

Best actor
Riz Ahmed, “Sound of Metal”
Chadwick Boseman, “Ma Rainey’s Black Butt”
Anthony Hopkins, “The Father”
Gary Oldman, “Mank”
Steven Yeun, “Minari”

Best animated feature
“Continue”
“Over the moon”
“A Shaun the Sheep Movie: Farmageddon”
“Soul”
“Wolfwalker”

Best director
Lee Isaac Chung, “Minari”
Emerald Fennell, “Promising Young Woman”
David Fincher, “Mank”
Chloe Zhao, “Nomad Land”
Thomas Vinterberg, “Another Round”

Best camera
“Judas and the Black Messiah”
“Defect”
“News from all over the world”
“Nomadland”
“The Trial of Chicago 7”

Best production design
“The father”
“Ma Rainey’s black bum”
“Defect”
“News from all over the world”
“Principle”

Best sound
“Greyhound”
“Defect”
“News from all over the world”
“Soul”
“Sound of Metal”

Best visual effects
“Love and monsters”
“The midnight sky”
“Mulan”
“The only Ivan”
“Principle”

Best film editing
“The father”
“Nomadland”
“Promising young woman”
“Sound of Metal”
“The Trial of Chicago 7”

Best international feature
“Another round”
“Better Days”
“Collective”
“The man who sold his skin”
“Quo Vadis, Aida?”

Best Documentary Short Topic
“Colette”
“A concert is a conversation”
“Do not share”
“Hunger Ward”
“A love song for Latasha”

Best documentary feature
“Collective”
“Crip Camp”
“The Mole Agent”
“My octopus teacher”
“Time”

Best original script
“Judas and the Black Messiah”
“Threatening”
“Promising young woman”
“Sound of Metal”
“The Trial of Chicago 7”

Best supporting actor
Sacha Baron Cohen, “The Trial of the Chicago 7”
Daniel Kaluuya, “Judas and the Black Messiah”
Leslie Odom Jr., “One Night in Miami”
Paul Raci, “Sound of Metal”
LaKeith Stanfield, “Judas and the Black Messiah”

Best animated short film
“Construction”
“Genius Loci”
“When something happens I love you”
“Opera”
“Yes people”

Best Live Action Short Film
“Feel through”
“The letter room”
“The gift”
“Two Distant Strangers”
“White eye”

Best costume design
“Emma”
“Ma Rainey’s black bum”
“Defect”
“Mulan”
“Pinocchio”

Best hair and makeup
“Emma”
“Hillbilly Elegy”
“Ma Rainey’s black bum”
“Defect”
“Pinocchio”

Best original score
“Da 5 Bloods”
“Defect”
“Threatening”
“News from all over the world”
“Soul”

Best original song
“Husavik (my hometown)”, “Eurovision Song Contest: The Story of Fire Saga”
“Fight for you”, “Judas and the black messiah”
“Io Se (seen)”, “Life Ahead”
“Speak Now”, “One Night in Miami”
“Hear my voice”, “The Chicago 7 Trial”

Best adapted script
“Borat Subsequent Movie”
“The father”
“Nomadland”
“One night in Miami”
“The White tiger”

Actress in a supporting role:
Maria Bakalova, “Borat Subsequent Film”
Glenn Close, “Hillbilly Elegy”
Olivia Colman, “The Father”
Amanda Seyfried, “Mank”
Yuh-Jung Youn, “Minari”

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World News

Airbus-Boeing truce not an entire reset in US EU relations, specialists

Airbus-Boeing truce not a complete reset in US EU relations, experts

US President Joe Biden has reportedly agreed to lower the income level caps for the third round of stimulus payments.

BRENDAN SMIALOWSKI | AFP | Getty Images

LONDON – The US and the European Union may have a truce, but some analysts have doubts whether the two sides can agree on other contentious issues like digital taxation and relations with China.

US President Joe Biden and European Commission President Ursula von der Leyen announced on Friday a suspension of tariffs imposed during the Trump presidency for subsidizing aircraft. The dispute first emerged in 2004, and the World Trade Organization ruled in 2019 and 2020 that the US and EU had provided Boeing and Airbus with illegal assistance, respectively.

Tariffs of $ 7.5 billion on EU products and $ 4 billion on US goods are now on hold for four months as both sides attempt to work out a deal that will provide a permanent solution to support the Aircraft sector.

European officials said the announcement was a “reset” in transatlantic relations after four fragile years under the Trump presidency, but some analysts are not convinced.

“The suspension of tariffs is a first step towards thawing trade relations between Europe and the United States and hopefully a sign that these tariffs will soon be abolished altogether,” Fredrik Erixon, trade expert at the ECIPE think tank, told CNBC on Monday .

“I’m less convinced that the suspension signals an entirely new direction in transatlantic trade, with new agreements in support of greater economic integration.”

Technology giants

A particularly controversial issue is the taxation of some of the world’s largest technology companies.

Last week’s news is good news, and it takes away a short-term risk to the economy that we have always faced over the past four years.

Carsten Brzeski

Economist at ING in Germany

The EU and US have been at odds over this matter for years, as well as security concerns related to 5G. But since Biden arrived at the White House, the EU has been confident that some of these disagreements can be overcome.

In fact, the US opened the door to a digital tax deal that the Organization for Economic Co-operation and Development plans to close this summer.

But Biden hasn’t completely deviated from all of his predecessor’s guidelines. He implemented the Buy American First initiative to incentivize production in the country and boost the economy as a whole as the coronavirus pandemic affects the world’s largest economic power.

In the meantime, the EU has also stepped up discussions on strategic autonomy in order to reduce dependence on certain parts of the world.

“Both sides are increasing their economic protection against the global economy. In the US, for example, through new Buy America guidelines and in Europe through a general campaign to free themselves from technological dependence on the US. Both sides say they want to do this. ” Transatlantic into a new age, but to do that they would first have to solve controversial issues such as digital taxes and friction with new technologies, “said Erixon of ECIPE.

China and Russia

In addition, there are also some sensitivities in dealing with China and Russia.

The EU signed an investment deal with Beijing a few weeks before Biden’s inauguration, amid fears the 27-strong bloc could jeopardize its relationship with the new president. At the same time, some American lawmakers believe that the EU is not assertive enough on human rights issues in China.

The US is also opposed to building a gas pipeline from Russia to Europe and has sanctioned some of the companies involved in the project.

In a press release on Friday, however, von der Leyen said after a phone call with Biden: “We share a strategic outlook on Russia.”

Holger Schmieding, Europe’s chief economist in Berenberg, told CNBC on Monday that the next item on the transatlantic to-do list could be “attempts to defuse the conflict over the Nordstream 2 pipeline”.

Carsten Brzeski, economist at ING in Germany, also said that the tariff suspension “does not mean that everything will be okay, there are still many stumbling blocks ahead of us like Nordstream and how to deal with China.”

In the meantime, European exporters can take a cautious breath at a time when the region is facing a severe economic crisis.

“Last week’s news is good news and takes away a short-term risk to the economy that we have always faced for the past four years,” added Brzeski.

Categories
Health

The second dose of Covid vaccine is required for full immunity, infectious illness specialist says

The second dose of Covid vaccine is needed for complete immunity, infectious disease specialist says

According to Dr. Paul Offit, director of the Vaccine Education Center at Philadelphia Children’s Hospital, the second dose of the Covid-19 vaccine is critical to creating longer and complete immunity as well as preventing variants of the virus.

“We need to know that this is a two-dose vaccine,” Offit told CNBC’s The News with Shepard Smith. “The second dose of the Pfizer or Modern vaccine increases it dramatically, inducing the type of cells that suggest you have longer long-term memory, which means the vaccine would last a few years. I think when we have humans Getting only one dose of the vaccine that gives you shorter and less complete immunity will only lead to variants. “

His comments came after a recent study suggested that the second shot of the Pfizer vaccine could be delayed as the first offered high protection, according to a letter published in the New England Journal of Medicine.

To date, more than 15 million people in the US have received both shots of a two-dose Covid vaccine, according to the Centers for Disease Control and Prevention. Almost 25 million additional people in the country have received their first vaccination shot.

Moderna said last month that it plans to test a booster shot of its Covid vaccine a year after the first two-dose immunization.

“If you get a booster shot of this virus, which is the most common virus in circulation and produces more cross-reactive antibodies … you don’t necessarily have to load up with another vaccine when a variant reaches the point of being completely resistant to immunity, then we have to develop the second generation vaccine, “said Offit. “Right now it could mean a booster shot of the vaccines we’ve already made.”

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