Disney plans to buy 21st Century Fox for $52 billion. The deal would give Disney access to a giant pool of content, just in time for the "Magic Kingdom" to take on Netflix and Amazon in the streaming industry.
Rob Marvin, Associate Features Editor at PCMag, explains what the Disney-21st Century Fox deal could mean for the digital media landscape. He says Netflix is too big to fail, but this deal would give Disney a major advantage in the streaming space.
ESPN also stands to benefit from the deal. If the deal goes through, Disney would then own Fox Sports and its various subsidiaries. Disney is planning on launching a new streaming service specifically focused on sports. ESPN Plus is supposed to launch in 2018.
Tech titan Microsoft reported its second fiscal quarter of 2022 earnings on Tuesday, its first earnings report since announcing its plans to acquire gaming company Activision Blizzard in a multibillion dollar deal. Steve Larsen, co-founder of PlannerDAO, explains the role that cloud services played for Microsoft in the quarter and what the future may hold for Microsoft in the midst of the new acquisition.
Microsoft is expected to report financial results for its second fiscal quarter of 2022. It comes after the company beat on its top and bottom line in its previous four quarters. John Freeman of CFRA Research explains what investors will be keeping an eye out for as Microsoft continues to expand its domain.
Sam Stovall, Chief Investment Strategist at CFRA, tells us what to expect as the month of January comes to a close, and whether or not recent market volatility is at all indicative of how the year will likely forecast.
Plant-based meat giant Beyond Meat's reign over the fast food world continues, as McDonald's announced that it is expanding its test of Beyond's McPlant burger, to nearly 600 restaurants, an increase from the eight that it's been testing in since November. This comes less than two weeks after Beyond Fried Chicken made its nationwide debut at KFC restaurants, the first time that plant based chicken has been widely distributed in a fast food capacity. Arun Sundaram, Senior Equity Analyst at CFRA Research explains why these latest collaborations may be proof that Beyond Meat products could slowly be becoming an unlikely staple in the fast food and chain restaurant world as consumers opt for more healthy food options.
It's a big weekend for sports betting, with the NFL conference championships and Australian Open finals expected to bring the industry even more traffic. And if record viewership of the divisional playoff game between the Chiefs and Bills was any indication, sports betting will only continue to grow as football season comes to an end. Joe Raineri, sports betting analyst at SportsGrid, joined Cheddar to discuss how these sporting events could impact the industry, which is expected to get even bigger in 2022.
