Disney’s new NBA deal includes the New York market rather than Cleveland, with expectations that an Eastern Conference Finals sweep could negatively affect ESPN’s quarterly results. NBA Finals ticket prices at MSG are described as egregious, and Knicks players’ combined salary is noted as exceeding $110M for the year. California Attorney General Rob Bonta says his office has not decided what to do regarding the WARNAMOUNT deal, while acknowledging that timing is becoming critical. Universal Music’s largest shareholder is said to have reacted to Bill Ackman’s Pershing Square offer to buy a controlling interest. Additional figures cover Peacock subscriber growth tied to Love Island, a YouTube talk show budget, and cigarette revenue contributions from China’s government sales.
"2M - The number of new PEACOCK subs attributed to Love Island last season, according to "people familiar with the matter" cited by the WSJ, a show which costs about $40M a season to make. $1.5M - Total budget for 42 episodes of the new Good Night with Ben Gleib YOUTUBE talk show (that YT is not paying for). 7% - The amount of revenue that China's government's cigarette sales contribute to the government's total annual revenue, according to the NYT."
#nba-media-rights #espn #warnamount-legal-decision #universal-music-acquisition #entertainment-business-metrics
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