*By Brittany Terrell*
Twitter's new slate of premium video content, nearly double what it offered last year, will include shows by some of the biggest TV networks, putting traditional television content on a social media platform that's disrupting long-held viewing habits.
"Obviously the big bet is television," said Kerry Flynn, a media reporter for Digiday. "And one of the biggest announcements was NBC as well as ESPN putting some of their biggest shows and channels on Twitter."
The agreements to stream TV content on Twitter may seem like a gamble for both sides, but Flynn said Tuesday in an interview with Cheddar that it can be an interesting and useful way to develop new viewing habits and test what works and what doesn't in an increasingly digital and fragmented media landscape.
Viewership for live sports, for example, has steadily declined for traditional media outlets like ESPN. In recent years, major sports leagues have turned to nontraditional outlets such as Twitter, Facebook and Amazon to stream sporting events to a wider audience. The NFL, which streamed Thursday Night Football games on Twitter in 2016, will show weeknight games on Amazon for the second year in a row.
Flynn said the major sports leagues, and the TV networks that have traditionally paid big money for the broadcast rights, can afford to experiment on different platforms to see where they can find the most engaged audience outside the usual television paradigm.
Twitter has positioned itself to be a proving ground for live sports content, but what happens when ESPN's parent Disney launches its own streaming service in 2019?
"That's what's super interesting about putting Sports Center Live and Fantasy Football Live on Twitter because if Disney is going to offer something and ESPN already has their stand alone app, what are you doing?" said Flynn. "I agree that maybe longevity is brought into question, but Disney has the time and resources to experiment."
Playing content in various spaces might offer media companies more of an opportunity to diversify and increase ratings, said Flynn.
"I wouldn't say TV is dead at all," she said. "We obviously watch it. But its smart to try to boost the ratings by slowly diversifying it out."
For full interview, [click here](https://cheddar.com/videos/twitter-doubles-down-on-video).
One of the world's largest transport companies is kicking off Black History Month with a new initiative aimed at the next generation of business leaders. Today, FedEx announced the launch of its Student Ambassador Program. Participants selected from eight historically black colleges and universities will receive career guidance from FedEx executives. The program is part of FedEx's ongoing commitment to HBCUs and will also help the company expand its pipeline for diverse talent. Cheddar News welcomes senior vice president at FedEx, Jenny Robertson, and Jerryl Briggs, President of Mississippi Valley State University, to discuss.
Driver assistance monitoring systems are meant to keep the driver's eyes on the road, but according to a report from AAA, different ways of monitoring provide significantly different results. The study found that direct camera-based systems that scanned the driver's eye movements were faster and more reliable than those indirect systems that looked at steering-wheel input. Megan McKernan, the manager of automotive services for the Automobile Club of Southern California, joined Cheddar to discuss the findings. "Triple-A is recommending that automakers include both direct and indirect systems just to really prevent consumers from trying to misuse these systems," she said, noting that neither system on its own is not foolproof.
Pinterest recently added augmented reality to its portfolio. The image sharing and social media platform's new e-commerce tech will allow consumers to interact with retailers and visualize online products inside their homes.
Wave Neuroscience is a neurological health tech company that specializes in clinical and at-home personalized brain stimulation technology. Erik Won, president and chief medical officer and Fred Walke, CEO, joined Cheddar's Opening Bell to discuss their company's hopes for allowing patients to identify and treat unique brain disorders while empowering them to understand their unique neurological makeups — including for the high-stress positions of professional athletes. "We have a mobile device that provides a very light stimulation that gives them a therapy that gives them confidence so there's a just knowing that they're doing something for it," said Walke. "But it also helps them get back into a rhythm. It helps their brain synchronize around certain frequencies that that we target, and it helps them really understand that they've done everything they can to get to their highest level of success."
Logitech posted better-than-expected earnings in its third quarter, reporting sales of $1.63 billion dollars, down 2% from the year ago quarter, but well ahead of the Wall Street consensus of $1.48 billion dollars. The PC and gaming peripherals company also raised its annual guidance for both sales and profitability. Bracken Darrell, Logitech CEO, joined Cheddar to break down his reaction to the results, how the pandemic played a role in its growth, and where he wants to take the company next.
GM is scheduled to report its Q4 earnings after the bell on Tuesday February 1. Wall Street expects a miss as the automaker navigates the global chip shortage, which has hit car sales hard. Investors are looking for an update on production, as well as outlook for the electric vehicles that GM is investing billions to bring to market. Karl Brauer, executive analyst at iseecars.com, joined Cheddar to give a preview of the automaker's report.
Recent data reveals that streaming giants are struggling to retain subscribers in the months following a major release.
According to data from Antenna, subscriber trends show that users will subscribe to a given streaming service just to watch a particular show, and then cancel those subscriptions shortly after. This comes as the streaming space continues to heat up as new entrants crowd the space. Jon Christian, Founding Partner + Digital Supply Chain Leader at OnPrem joined Cheddar's Opening Bell to discuss.
As airlines continues to face massive pilot shortages, United Airlines is opening a training academy for future pilots. United projects that the academy will train around 5,000 new pilots by 2030. David Slotnick, Senior Aviation Business Reporter at The Points Guy joined Cheddar's Opening Bell to discuss.
Stocks opening mostly higher to close out a wild week on Wall Street. It comes as investors continue to digest comments from the Federal Reserve, as well as the latest slew of earnings. Gene Goldman, Chief Investment Officer at Cetera, joined Cheddar's Opening Bell to discuss.
