It looks like the Big Ten are about to finalize their new media rights deal. And according to Sports Business Journal, ESPN likely won’t be a part of it. SBJ reported Monday night that “barring a last-minute change of direction” in negotiations with ESPN, the Big Ten’s deal is expected to include three companies: Fox, …
New York (CNN Business) – Netflix has had a terrible 2022. In April, it said it lost subscribers for the first time since 2011. Its shares are down more than 60% so far this year. However, their recent struggles may not be the start of a downward spiral or the beginning of the end for …
Australian directors’ and officers’ (D&O) rates are expected to continue easing in the months ahead after contracting 5% in the second quarter of this year, the first decline since 2017, Marsh says, following the release of its latest quarterly update of commercial insurance premium pricing. Overall pricing in the Pacific market – in which Australia …
New York (CNN Business) – Netflix has had a terrible 2022. In April, it said it lost subscribers for the first time since 2011. Its shares are down more than 60% so far this year. However, their recent struggles may not be the start of a downward spiral or the beginning of the end for …
Suncorp net profit dropped 34% to $681 million last financial year as the company battled natural catastrophes and volatile investment markets, while the group reported record second-half gross written premium (GWP) growth. CEO Steve Johnston says despite the challenging environment momentum was maintained, margins improved in the face of rising inflation and the company is …
Football fans are urged not to buy tickets on social media ahead of the new season as two fans reveal how they were scammed by clever scammers. At the start of the Premier League last weekend, fans were warned of a possible rise in football ticket fraud. Data from Lloyds Bank earlier this week showed …
Genworth has upgraded its net earned premium guidance and says claims will remain below historical averages this year, though gross written premium (GWP) will sit below 2021 levels. Australia’s top provider of lenders mortgage insurance (LMI) expects full-year GWP to lessen as fewer new home loans are agreed, particularly for first home buyers and other …
The Australian Prudential Regulation Authority (APRA) released today its Corporate Plan for 2022/23, covering its focus areas in the four-year period to 2025/26 including for insurance. The Corporate Plan says the general insurance industry remains well capitalised despite the impact of significant weather events but notes there are increasing challenges with sourcing insurance for certain …
Australian directors’ and officers’ (D&O) rates are expected to continue easing in the months ahead after contracting 5% in the second quarter of this year, the first decline since 2017, Marsh says, following the release of its latest quarterly update of commercial insurance premium pricing. Overall pricing in the Pacific market – in which Australia …
However, their recent struggles may not be the start of a downward spiral or the beginning of the end for the streaming giant. Rather, it is a sign that Netflix is becoming a more traditional media company. Netflix (NFLX) was originally valued as a Big Tech company, part of the Wall Street acronym, “FAANG,” which …