CHTR Aug 2024 340.000 put
- Yahoo Finance Video
Ether ETF approved, Live Nation antitrust suit: Morning Brief
After an eventful week compounded by Nvidia's (NVDA) fiscal first-quarter earnings, the major market averages (^DJI, ^IXIC, ^GSPC) are hoping to end the week on a high note and claw back some gains ahead of the Memorial Day Weekend. Morning Brief Hosts Seana Smith and Brad Smith walk investors through the top stories moving stocks in Friday's trading day, kicking off the session with Truist Co-Chief Investment Officer and Chief Market Strategist Keith Lerner who compares the market sway of Nvidia's latest earnings to that of inflation data or the Federal Reserve's monetary policy. The Securities and Exchange Commission (SEC) approved ether ETF offerings on Thursday, leading Bloomberg Intelligence ETF Research Analyst James Seyffart to believe ethereum-exposed (ETH-USD) products will have similar success to the spot bitcoin ETFs (BTC-USD) rolled out at the start of 2024, just not on the same scale. Other top trending stories include the latest in the Department of Justice's (DOJ) antitrust suit against concert promoter and ticket seller Live Nation (LYV) and Charter Communications' (CHTR) content distribution deal with Paramount Global (PARA). This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Paramount, Charter ink new content distribution deal
Charter Communications (CHTR) — the parent company of cable provider Spectrum — has inked a new multi-year distribution agreement with Paramount Global (PARA) for its streaming services and broadcast channels. Yahoo Finance Entertainment Reporter Alexandra Canal details the specifics of the broadcast deal and if this could sway Paramount's chief drivers, like its subscriber count, in any way. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Reuters
Charter brings Paramount+ to Spectrum TV customers in new carriage deal
The companies did not disclose the financial terms of the deal, in which the ad-supported versions of Paramount's direct-to-consumer services, Paramount+ Essential tier and BET+ Essential, will be included at no extra cost to Charter's Spectrum TV customers. Charter will also make Paramount's direct-to-consumer products available to its Internet-only customers at the broadband and cable TV provider's retail stores.
