Latest news with #RyanSeacrest
Yahoo
3 days ago
- Business
- Yahoo
CBS Gains ‘Jeopardy!' & ‘Wheel Of Fortune' Distribution Rights At Least Until Legal Battle With Sony Is Over
UPDATED, 2:35 PM: Sony and CBS spun the wheel one more time this month over who controls Jeopardy! and Wheel of Fortune, and the still Shari Redstone-owned company hit the game show jackpot. Solidifying what a three-judge panel from the Second Appellate District temporarily put in place last month, that same panel has now ruled that CBS will remain the sole distributor of the lucrative Jeopardy! and now Ryan Seacrest hosted Wheel. More from Deadline 'Jeopardy!' & 'Wheel of Fortune' Legal Shocker: CBS Loses Out To Sony In Court Battle Over Rights To Distribute Game Shows Wink Martindale Dies: Game Show Host Of 'Tic-Tac-Dough', 'Gambit' And 'High Rollers' Was 91 Paramount Offers Millions To Trump To End $20B '60 Minutes' Suit & Let Skydance Merger Go Through 'Pending disposition of this appeal, the trial court's order of April 10, 2025 finding that 'Sony can begin distributing the Shows and need not deliver episodes to CBS' is hereby stayed, including all matters embraced therein or affected thereby by the trial court's order,' ordered Appeal Court Judges Gonzalo Martinez, John Segal and Natalie Stone on Wednesday in a short ruling after reviewing arguments from both sides. You can read the ruling here. The decision puts the shows in CBS' hands for the entire duration of the court battle between the network and Sony. CBS had 'no comment' on yesterday's ruling. Sony did not reply to request from Deadline for comment on the order. The once partnered companies have been in a breach-of-contract dispute since October 31 over CBS' more than 40-year-old distribution contract and claims by Sony Pictures TV of CBS licensing the blockbuster shows at below-market rates and engaging in 'self-dealing.' PREVIOUSLY, APRIL 16 PM: This is why they call it Jeopardy! Less than a week after Sony snagged back the distribution rights to the Ken Jennings-hosted game show and Wheel of Fortune, a California appeals court today handed those rights back to CBS, at least for now. 'The superior court's order of April 10, 2025 denying the preliminary injunction and allowing Respondents to begin 'distributing the shows and need not deliver episodes to CBS' is stayed pending further order of this court,' a three-judge panel from the Second Appellate District ordered Wednesday. With the petition for writ of supersedeas filed by CBS on April 11, Sony now has until April 28 to respond, with the Shari Redstone-owned CBS giving its reply by May 9. All of that means those new deals and platforms that Sony was hoping for the beloved and money-making game shows are in legal purgatory for at least a month. CBS had no further comment besides its petition and today's order. Sony did not respond to Deadline's request for comment Wednesday. The once-chummy companies have been in a breach-of-contract dispute since October 31 over CBS' more than 40-year-old distribution contract and claims by Sony Pictures TV of CBS licensing the blockbuster shows at below-market rates and engaging in 'self-dealing.' After a judicial pingpong match, things went sideways for CBS when Los Angeles Superior Court Judge Kevin Brazile last Thursday favored Sony over CBS Media Ventures' pitch to pause Sony taking over full distribution of Wheel and Jeopardy! Agreements for the Merv Griffin shows have been place since 1982 and under the respective umbrellas of CBS and Sony since the late 1990s. Which begs the question: What is hassle? Best of Deadline Everything We Know About Netflix's 'The Thursday Murder Club' So Far 2025 TV Series Renewals: Photo Gallery 2025 TV Cancellations: Photo Gallery
Yahoo
5 days ago
- Business
- Yahoo
Q1 Earnings Review: Broadcasting Stocks Led by FOX (NASDAQ:FOXA)
As the Q1 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the broadcasting industry, including FOX (NASDAQ:FOXA) and its peers. Broadcasting companies have been facing secular headwinds in the form of consumers abandoning traditional television and radio in favor of streaming services. As a result, many broadcasting companies have evolved by forming distribution agreements with major streaming platforms so they can get in on part of the action, but will these subscription revenues be as high quality and high margin as their legacy revenues? Only time will tell which of these broadcasters will survive the sea changes of technological advancement and fragmenting consumer attention. The 7 broadcasting stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 1.1% while next quarter's revenue guidance was 0.6% below. While some broadcasting stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.5% since the latest earnings results. Founded in 1915, Fox (NASDAQ:FOXA) is a diversified media company, operating prominent cable news, television broadcasting, and digital media platforms. FOX reported revenues of $4.37 billion, up 26.8% year on year. This print exceeded analysts' expectations by 4.3%. Overall, it was an exceptional quarter for the company with a solid beat of analysts' adjusted operating income estimates and an impressive beat of analysts' EPS estimates. FOX achieved the biggest analyst estimates beat and fastest revenue growth of the whole group. Unsurprisingly, the stock is up 8.6% since reporting and currently trades at $54.60. Is now the time to buy FOX? Access our full analysis of the earnings results here, it's free. Specializing in local media coverage, Gray Television (NYSE:GTN) is a broadcast company supplying digital media to various markets in the United States. Gray Television reported revenues of $782 million, down 5% year on year, outperforming analysts' expectations by 1.1%. The business had an exceptional quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' adjusted operating income estimates. The market seems content with the results as the stock is up 2.3% since reporting. It currently trades at $3.80. Is now the time to buy Gray Television? Access our full analysis of the earnings results here, it's free. Occasionally featuring celebrity hosts like Ryan Seacrest on its shows, iHeartMedia (NASDAQ:IHRT) is a leading multimedia company renowned for its extensive network of radio stations, digital platforms, and live events across the globe. iHeartMedia reported revenues of $807.1 million, up 1% year on year, exceeding analysts' expectations by 2.6%. Still, it was a slower quarter as it posted a significant miss of analysts' adjusted operating income and EPS estimates. As expected, the stock is down 3.1% since the results and currently trades at $1.23. Read our full analysis of iHeartMedia's results here. Originally the joint-venture of four cable television companies, AMC Networks (NASDAQ:AMCX) is a broadcaster producing a diverse range of television shows and movies. AMC Networks reported revenues of $555.2 million, down 6.9% year on year. This number came in 2.6% below analysts' expectations. Overall, it was a slower quarter as it also logged a significant miss of analysts' EPS estimates and a miss of analysts' Affiliate revenue estimates. AMC Networks had the weakest performance against analyst estimates and slowest revenue growth among its peers. The stock is down 1.3% since reporting and currently trades at $6.11. Read our full, actionable report on AMC Networks here, it's free. Spun out of Gannett in 2015, TEGNA (NYSE:TGNA) is a media company operating a network of television stations and digital platforms, focusing on local news and community content. TEGNA reported revenues of $680 million, down 4.8% year on year. This result was in line with analysts' expectations. Taking a step back, it was a satisfactory quarter as it also produced a solid beat of analysts' EPS estimates but a miss of analysts' Subscription revenue estimates. The stock is flat since reporting and currently trades at $16.64. Read our full, actionable report on TEGNA here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
New York Post
23-05-2025
- Entertainment
- New York Post
‘Wheel of Fortune' host Ryan Seacrest face-plants while attempting stunt on game show
'Wheel of Fortune' host Ryan Seacrest is no stranger to onstage mishaps. During the May 19 episode of the beloved game show, the 50-year-old TV host took a tumble during the closing segment, igniting a wholesome response from co-host Vanna White. While wrapping up the 'Margaritaville'-themed episode, Seacrest tripped over his feet and managed to do a full somersault while trying to get onto his inflatable parrot-shaped pool float. 'I need a breather after that,' he told White, who was comfortably lounging on her float. 'Why do you look like you've done this before?' 'Because I have. Just relax,' she responded. 'I've never heard that term before,' he joked. 4 Ryan Seacrest took a tumble during the closing segment of 'Wheel of Fortune.' @wheeloffortune/Instagram 4 While wrapping up the 'Margaritaville'-themed episode, Seacrest tripped over his feet and managed to do a full somersault. @wheeloffortune/Instagram 'Ryan Seacrest is my spirit animal,' one fan commented. This is not the first time the TV host has wiped out on stage. In April, Seacrest took a dramatic tumble while filming the game show. During the episode, he revealed that one of his favorite new festivals is the Gloucestershire Cheese Rolling Festival, which is hosted in the United Kingdom. 4 The fall happened during the May 19 episode of the beloved game show/ @wheeloffortune/Instagram He explained that participants at the festival race down a hill to chase after a wheel of cheese. At the end of the race, participants win the massive cheese wheel. In an effort to demonstrate, Seacrest took a tumble and face-planted on the stage. 'Oh no! Are you going to be OK?' White asked Seacrest before confirming, 'He's OK!' The 'American Idol' host ran back to center stage and held up the 'Wheel of Fortune' cheese. He then hid behind White, out of breath and waved goodnight to the viewers. 4 Co-host Vanna White's reaction to Seacrest face-planting. @wheeloffortune/Instagram In one viral moment from a March episode, a former professional wrestler named Bill Page put Seacrest in a headlock. Page was seen grabbing Seacrest by the neck, with one arm underneath the host's chin and the other firmly on top of his head. At first, Seacrest did not resist and was all smiles. However, as Page continued to hold the host in a headlock and lowered his body to the ground, Seacrest began to tap out. The host continuously banged his hand on the game show table, as he indicated that he had enough of the intense wrestling move.
Fox News
22-05-2025
- Entertainment
- Fox News
'Wheel of Fortune' host Ryan Seacrest face-plants while attempting stunt on game show
"Wheel of Fortune" host Ryan Seacrest is no stranger to onstage mishaps. During the May 19 episode of the beloved game show, the 50-year-old TV host took a tumble during the closing segment, igniting a wholesome response from co-host Vanna White. While wrapping up the "Margaritaville"-themed episode, Seacrest tripped over his feet and managed to do a full somersault while trying to get onto his inflatable parrot-shaped pool float. "I need a breather after that," he told White, who was comfortably lounging on her float. "Why do you look like you've done this before?" "Because I have. Just relax," she responded. "I've never heard that term before," he joked. "Ryan Seacrest is my spirit animal," one fan commented. This is not the first time the TV host has wiped out on stage. In April, Seacrest took a dramatic tumble while filming the game show. During the episode, he revealed that one of his favorite new festivals is the Gloucestershire Cheese Rolling Festival, which is hosted in the United Kingdom. He explained that participants at the festival race down a hill to chase after a wheel of cheese. At the end of the race, participants win the massive cheese wheel. In an effort to demonstrate, Seacrest took a tumble and face-planted on the stage. "Oh no! Are you going to be OK?" White asked Seacrest before confirming, "He's OK!" The "American Idol" host ran back to center stage and held up the "Wheel of Fortune" cheese. He then hid behind White, out of breath and waved goodnight to the viewers. In one viral moment from a March episode, a former professional wrestler named Bill Page put Seacrest in a headlock. Page was seen grabbing Seacrest by the neck, with one arm underneath the host's chin and the other firmly on top of his head. At first, Seacrest did not resist and was all smiles. However, as Page continued to hold the host in a headlock and lowered his body to the ground, Seacrest began to tap out. The host continuously banged his hand on the game show table, as he indicated that he had enough of the intense wrestling move.
Yahoo
22-05-2025
- Business
- Yahoo
Q1 Earnings Outperformers: TEGNA (NYSE:TGNA) And The Rest Of The Broadcasting Stocks
Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let's have a look at TEGNA (NYSE:TGNA) and its peers. Broadcasting companies have been facing secular headwinds in the form of consumers abandoning traditional television and radio in favor of streaming services. As a result, many broadcasting companies have evolved by forming distribution agreements with major streaming platforms so they can get in on part of the action, but will these subscription revenues be as high quality and high margin as their legacy revenues? Only time will tell which of these broadcasters will survive the sea changes of technological advancement and fragmenting consumer attention. The 7 broadcasting stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 1.1% while next quarter's revenue guidance was 0.6% below. In light of this news, share prices of the companies have held steady as they are up 1.3% on average since the latest earnings results. Spun out of Gannett in 2015, TEGNA (NYSE:TGNA) is a media company operating a network of television stations and digital platforms, focusing on local news and community content. TEGNA reported revenues of $680 million, down 4.8% year on year. This print was in line with analysts' expectations, and overall, it was a satisfactory quarter for the company with a solid beat of analysts' EPS estimates but a miss of analysts' Subscription revenue estimates. 'We're making important progress on the key initiatives that are shaping TEGNA's future,' said Mike Steib, CEO. The market was likely pricing in the results, and the stock is flat since reporting. It currently trades at $16.74. Is now the time to buy TEGNA? Access our full analysis of the earnings results here, it's free. Founded in 1915, Fox (NASDAQ:FOXA) is a diversified media company, operating prominent cable news, television broadcasting, and digital media platforms. FOX reported revenues of $4.37 billion, up 26.8% year on year, outperforming analysts' expectations by 4.3%. The business had an exceptional quarter with a solid beat of analysts' adjusted operating income estimates and an impressive beat of analysts' EPS estimates. FOX achieved the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 9.4% since reporting. It currently trades at $55. Is now the time to buy FOX? Access our full analysis of the earnings results here, it's free. Occasionally featuring celebrity hosts like Ryan Seacrest on its shows, iHeartMedia (NASDAQ:IHRT) is a leading multimedia company renowned for its extensive network of radio stations, digital platforms, and live events across the globe. iHeartMedia reported revenues of $807.1 million, up 1% year on year, exceeding analysts' expectations by 2.6%. Still, it was a slower quarter as it posted a significant miss of analysts' adjusted operating income estimates. Interestingly, the stock is up 2.4% since the results and currently trades at $1.30. Read our full analysis of iHeartMedia's results here. Originally the joint-venture of four cable television companies, AMC Networks (NASDAQ:AMCX) is a broadcaster producing a diverse range of television shows and movies. AMC Networks reported revenues of $555.2 million, down 6.9% year on year. This result came in 2.6% below analysts' expectations. Overall, it was a slower quarter as it also produced a significant miss of analysts' EPS estimates and a miss of analysts' Affiliate revenue estimates. AMC Networks had the weakest performance against analyst estimates and slowest revenue growth among its peers. The stock is up 1.8% since reporting and currently trades at $6.30. Read our full, actionable report on AMC Networks here, it's free. Specializing in local media coverage, Gray Television (NYSE:GTN) is a broadcast company supplying digital media to various markets in the United States. Gray Television reported revenues of $782 million, down 5% year on year. This print beat analysts' expectations by 1.1%. It was an exceptional quarter as it also logged a solid beat of analysts' EPS estimates and an impressive beat of analysts' adjusted operating income estimates. The stock is up 9.8% since reporting and currently trades at $4.08. Read our full, actionable report on Gray Television here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
