How a Blockbuster Media Deal Could Transform Sports Streaming

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 7 February 2024

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Feb. 7. A new venture from ESPN, Fox and Warner will combine their sports content. Media reporter Isabella Simonetti explains what it will mean for consumers. And Heard on the Street columnist Jinjoo Lee explains how challenges to store credit cards could pose a threat to department store profits. Plus, the Senate prepares to vote on aid to Ukraine and other allies. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:29.7	the US Senate votes on aid to Ukraine, Israel, and other allies.
0:34.1	And how store-branded credit cards could dent store profits.
0:38.4	The credit card business has helped bolster department stores bottom lines for some time, but it also just
0:45.8	highlights how much their core business has been deteriorating.
0:49.7	Plus how sports streaming is about to change.
0:53.0	It's Wednesday, February 7th.
0:55.0	I'm Anne Marie Fertoli for the Wall Street Journal.
0:57.0	This is the PM edition of What's News, the top headlines and business stories that moved the world today.
1:03.0	Senate Republicans have blocked a $118 billion
1:11.0	legislative package linking foreign assistance with border
1:14.0	policy changes. But lawmakers from both parties are now moving forward to
1:18.2	advance a narrower bill focused on aid for Ukraine, Israel, and other allies. The broader measure negotiated over the past
1:25.0	four months collapsed yesterday when Republicans rejected immigration provisions.
	...

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