As Netflix, Disney, and Apple duke it out for streaming supremacy, another platform is quietly amassing its own powerful stable of original content. Sony Pictures Television Network Chief Digital Officer and Crackle GM Eric Berger joins Cheddar to discuss standing out in the very crowded content landscape. Unlike many of its competitors, Crackle uses a free ad-supported model instead of a subscription plan.
Berger explains what Crackle calls its "connectors" demographic. The company's target audience consists of the intersection between gamers and streaming audiences. He says he greenlights content based on what will resonate most with those viewers.
The streaming world might be in store for quite the shakeup if Disney moves ahead with its planned content platform. Berger says it's too soon to tell what kind of effect the Disney/Fox deal will have on the streaming landscape. He says that any added attention and discussion surrounding digital programming is a good thing for the industry.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.