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.

73%

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

84%

Examples:

  • The author criticizes Disney CEO Bob Iger for delaying his retirement date and returning after firing former CEO Bob Chapek.
  • The author states that the current board oversight is 'awful'.

Conflicts of Interest

69%

Examples:

  • Trian Fund Management aims to achieve Netflix-like margins by 2027.

Contradictions

91%

Examples:

  • Netflix will have exclusive rights to Raw in the US, Canada, UK and Latin America for a period of time
  • The strategies are being mapped out with an eye toward lowering Paramount's debt and getting the company back to an investment-grade rating.
  • TKO shares spiked more than 20% following the news and Dwayne Johnson joined its board of directors

Deceptions

62%

Examples:

  • The author mentions that Netflix has made few attempts at live programming in its history. This statement implies that Netflix does not have experience with live events and therefore may struggle to produce quality content for WWE Raw.
  • The title of the article suggests generative AI dominates Davos discussions when there is no mention of this topic at all.

Recent Articles

Paramount Global's Shareholder Meeting: Emphasizing Cost Reduction and Streaming Partnerships Amid Merger Uncertainty

Paramount Global's Shareholder Meeting: Emphasizing Cost Reduction and Streaming Partnerships Amid Merger Uncertainty

Broke On: Tuesday, 04 June 2024 Paramount Global's annual shareholder meeting in June 2024 saw executives Shari Redstone, George Cheeks, Brian Robbins, and Chris McCarthy present a vision for cost reduction and efficiency gains. The company aims to save $500M through layoffs and partnerships while exploring strategic streaming collaborations.
WWE and Netflix Announce $5 Billion Partnership for Streaming Raw and Other Events

WWE and Netflix Announce $5 Billion Partnership for Streaming Raw and Other Events

Broke On: Wednesday, 31 January 2024 WWE and Netflix have partnered to stream Raw, valued at over $5 billion. The deal includes WrestleMania, SummerSlam, Royal Rumble and other events.
Billionaire Investor Launches Proxy Fight Against Disney to Improve Stock Performance

Billionaire Investor Launches Proxy Fight Against Disney to Improve Stock Performance

Broke On: Thursday, 18 January 2024 Billionaire 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.
Generative AI Takes Center Stage at Davos: Balancing Excitement and Risk

Generative AI Takes Center Stage at Davos: Balancing Excitement and Risk

Broke On: Thursday, 18 January 2024 The World Economic Forum in Davos, Switzerland is focusing on generative AI as a game-changer. Intel CEO Pat Gelsinger believes that building formal correctness into the underlying models will be key for this next phase of development. Salesforce, Microsoft, and Google are showcasing their technology at local storefronts to convince conference attendees of its potential while concerns about risks it poses have also been raised.