Alex Sherman
Media Reporter for CNBC.com Alex Sherman covers media, technology and telecommunications for CNBC. He joined CNBC in Jan. 2018 after almost 10 years at Bloomberg, where he worked as an M&A reporter and a media reporter. Alex frequently appears on TV and was the host of Bloomberg's Deal of the Week podcast. He graduated from Harvard in 2004 and has two master's degrees, an MS in journalism from Northwestern University's Medill in 2007 and an MBA from NYU Stern in 2014. Alex Sherman's reporting focuses on media, technology, and telecommunications. He has a strong background in journalism and business education. His experience at Bloomberg and CNBC allows him to provide insightful analysis on the topics he covers.
83%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
88%
Examples:
- Alex Sherman frequently appears on TV and has a background in journalism from Northwestern University's Medill and an MBA from NYU Stern.
Conflicts of Interest
92%
Examples:
- Ari Emanuel's Endeavor exploring strategic alternatives.
- Articles discussing Disney's potential sale of ESPN and Nelson Peltz's stake in Disney through a proxy fight.
Contradictions
92%
Examples:
- Contradictory information found in articles regarding Warner Bros. Discovery expressing a desire to reach a deal and Paramount Global's plans for streaming.
- Inconsistencies found in the reporting of ESPN's streaming service and its potential impact on traditional cable subscriptions.
Deceptions
69%
Examples:
- Misleading statements regarding Paramount Global's Super Bowl viewership and record ratings on the same day they laid off employees.
- Unsupported claims about Disney's streaming profit margins and ESPN's impact on the company.
Recent Articles
Paramount Global and Warner Bros. Discovery in Talks for Potential Streaming Merger: A Look at the Possible Partnership
Broke On: Monday, 01 July 2024Paramount Global and Warner Bros. Discovery reportedly in talks to merge streaming platforms, creating a powerful combination offering extensive hit content across TV, film, and sports genres. Netflix Surpasses Expectations with Record-Breaking 9.3 Million Subscribers and 28.1% Operating Margins
Broke On: Thursday, 18 April 2024Netflix surpassed expectations with a record-breaking 9.3 million subscriber gain and a 28.1% operating margin in Q1, driven by password sharing crackdowns, an ad-supported tier, and price hikes. Despite revenue guidance missing estimates and stock price concerns, Netflix reported EPS of $5.28 and expanded offerings with deals like the SAG Awards and WWE Raw. ESPN Faces Enormous Challenges with Declining Subscriptions and Limited Content Offerings
Broke On: Thursday, 21 March 2024ESPN faces challenges with declining subscriptions due to high prices, limited content and the rise of OTT video services. The number of pay TV households in the US is expected to drop below 50 million by 2027. Paramount Global Layoffs 800 Employees Worldwide Amid Merger and Acquisition Considerations
Broke On: Tuesday, 13 February 2024Paramount Global, a media company owned by Shari Redstone's National Amusements, is laying off about 800 employees worldwide. The layoffs are estimated to be around 3% of the company's global headcount and come as Paramount considers merger and acquisition options. ESPN, Fox and Warner Bros. Discovery Launch New Streaming Service for Content Distribution Rather Than Ad Inventory Sales
Broke On: Wednesday, 07 February 2024ESPN, Fox and Warner Bros. Discovery are set to launch a new streaming service in the fall that will act purely as a method of content distribution rather than selling its own ad inventory. Advertising on the streamer will be a pure reflection of ads airing in linear networks including ESPN, ABC and Fox. Billionaire Investor Launches Proxy Fight Against Disney to Improve Stock Performance
Broke On: Thursday, 18 January 2024Billionaire investor Nelson Peltz and former Disney executive Jay Rasulo, backed by Trian Fund Management's $3 billion stake in the company, are launching a proxy fight against Disney to improve its stock performance. They seek board representation. Endeavor Group Holdings Explores Strategic Alternatives, Stock Rises 11%
Broke On: Wednesday, 25 October 2023Endeavor Group Holdings is exploring strategic alternatives to enhance shareholder value. The company's announcement resulted in an 11% increase in its stock price.