Morning Brew Daily
Netflix Draws 60M Households in Live Sports Gamble & Are Spam Calls Over?
18 Nov 2024
Episode 455: Toby and Kyle recap the big fight over the weekend – not the one with Jake Paul & Mike Tyson – but with viewers and Netflix as people took to social media to express their frustration of the glitchy broadcast. Then, some dissension between Trump and Musk over who should be the next US Treasury Secretary. Next, a settlement between Warner Bros. Discovery and the NBA is reached to keep content on its platform, including the hit show “Inside the NBA”. Meanwhile, AI transparency and spam call declines are the weekend’s biggest winners. Lastly, important news to know in the upcoming week ahead. Download the Yahoo! Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Get your Morning Brew Book of Crosswords HERE: shop.morningbrew.com Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Spirit Airlines Files for Bankruptcy 03:00 - Netflix Tyson-Paul Fight 07:30 - Treasury Secretary Pick 12:10 - Warner Bros. Discovery NBA Rights 17:30 - Winners of the Weekend 24:15 - Week Ahead
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Good morning, Brew Daily Show. I'm Toby Howell. And I'm Kyle Heggie. Today, Netflix's foray into live sports broadcasting went about as shaky as Mike Tyson's jab.
And the reason you haven't been getting as many robocalls.
It's Monday, November 18th. Let's ride. Happy Monday, everyone. Hope you are having a great start to your week. I'll tell you someone who isn't having a great Monday though. Spirit Airlines. The budget airline officially filed for bankruptcy this morning after years of losses, a failed merger with JetBlue and shifting consumer preferences.
Yeah, Spirit has not been having a good time lately. Not only was it dealing with like failing demand, a failed merger, but it also had an engine recall, which had to ground a bunch of its planes earlier this year. And I think the final nail in the coffin was just post-pandemic travel inflation. It couldn't find a way to get back to where it used to be.
I'm actually quite sad about this because Spirit, like it needs to exist just spiritually for America. Yeah.
Yeah, the last few years have just been a rough time for them. Spirit hasn't had a profit since 2019. It lost more than $335 million in the first half of this year. So the writing was on the wall. That said, if you are eyeing cheap flights home for Thanksgiving, Spirit says it does expect to continue operating normally and letting customers book flights. I'm getting on my
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