Rapper Flo Rida was awarded more than $82 million in a legal battle against the makers of Celsius energy drink after an endorsement deal went wrong. NBC News legal analyst Danny Cevallos explains what both sides were arguing in the case and why a jury found Celsius to be in the wrong.
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Streaming news has become a critical part of the digital journalism ecosystem. It allows users to choose the type of content they want to watch. This includes breaking news and live events. In addition to the reruns, these streaming networks also offer documentaries, news analysis, and more.
When it comes to news, there is a lot of competition. Historically, broadcast news has been a profitable business. However, cable TV one-upped broadcast news by offering live events.
In the digital journalism age, people demand the most up-to-date information. Streaming news makes it easier to access this information at any time.
The major news networks have invested hundreds of millions of dollars in streaming operations. Their hope is that viewers will switch from broadcast TV to streaming and cut their cable subscriptions. But there are some concerns. Streaming will reshape political news coverage, and it could even attract new overtly political news operations.
CNN, Fox, and MSNBC earned combined profits of $3 billion in 2020. They have tried to attract viewers with CNN+ and the Fox News Channel.
CBS attempted to acquire the Cable News Network, but failed. Several cable stations have already nichified their local coverage.
A recent study shows that consumers spent more time watching streaming programming than they did watching broadcast TV. Many newscasts see their audiences vanish.
There are several free news streamers available. These channels look like cable, but they try to lure viewers away from cable by promoting their cable-quality news.
