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AP Exclusive: Trump’s border chief defends wall plans in Texas’ Big Bend despite a court setback

The Trump administration's top border official is defending plans to build a wall in Texas' Big Bend region. Customs and Border Protection Commissioner Rodney Scott argues the entire $46 billion

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Oct 25 • 7:00 AM EDT • Politics • wqow.com
Los Angeles Rams vs. Las Vegas Raiders: How to watch the NFL Week 7 game, channel, streaming info and more
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Oct 25 • 6:59 AM EDT • Sports • sports.yahoo.com
Fantasy Football injury update: Justin Jefferson cleared for Week 7

Justin Jefferson's ankle was still on the injury report ahead of Week 7.

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Oct 25 • 6:55 AM EDT • Sports • sports.yahoo.com
Cincinnati Bengals vs. Baltimore Ravens: How to watch today, start time, where to stream and more
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Oct 25 • 6:45 AM EDT • Sports • sports.yahoo.com
Best AI Tools for Small Business Marketing (2026): CapCut Featured for Creating Professional Video and Visual Content by Expert Consumers

Expert Consumers has recognized CapCut in its 2026 coverage of the best AI tools for small business marketing, highlighting the platform's collection of AI-powered features for creating and editing video, images, audio, and other visual content. The recognition reflects growing interest in tools that support practical marketing activities, including campaign development, promotional content production, and adapting creative assets for different digital channels.

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Oct 25 • 6:30 AM EDT • Business • finance.yahoo.com
Today on Pinstripe Alley

Heading into the final week with baseball in 2026.

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Oct 25 • 6:30 AM EDT • Sports • sports.yahoo.com
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BREAKING: Courtois out against Barcelona

Real Madrid have announced that goalkeeper Thibaut Courtois will not play against FC Barcelona tonight. Per Realmadrid.comCourtois is a last-minute drop due to a flu process for tonight’s match between Real Madrid and Barcelona, corresponding to the tenth round of the League. Illia Voloshyn enters the squad list in his place. This is devastating news […]

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Oct 25 • 6:21 AM EDT • Sports • sports.yahoo.com
Why Mikel Arteta is right about Max Dowman

Mikel Arteta has faced some pushback on his recent comments about Max Dowman, but the Arsenal manager was right to suggest that what the 16-year-old is doing is unique.Photo by Julian Finney/Getty Ima...

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Oct 25 • 6:20 AM EDT • Sports • sports.yahoo.com
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YouTube Gold: Highlights From Louisville’s Trip To Kansas

Kansas lost Wednesday, but the Jayhawks are not exactly pushovers

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Oct 25 • 6:08 AM EDT • Sports • sports.yahoo.com
☹️ Negative (-40%)
Better rural health takes more than medical care

Ballad Health connects rural patients to social services, reducing emergency visits and lowering health care costs.

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Oct 25 • 6:07 AM EDT • Health • tennessean.com
Are the Chiefs playing today? NFL Week 7 schedule, next game, AFC West standings
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Oct 25 • 6:00 AM EDT • Sports • sports.yahoo.com
How China’s regional leadership changes offer clues to the party’s future

The coming months will see a series of provincial congresses as part of a process that will determine the membership of key party bodies.

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Oct 25 • 6:00 AM EDT • Politics • scmp.com
That Ramaswamy ad is repugnant. And it will eventually be seen as a gift to Trump

If Ramaswamy goes down, Trump will spin it that Democrats and the corrupt media misrepresented the ad and lied about Ramaswamy.

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Oct 25 • 6:00 AM EDT • Politics • latimes.com
Islanders Gameday News: Starting in Dallas; Hellebuyck moves next door

The Islanders have touched down in Dallas for a Sunday night encounter, where Pete DeBoer will be the story as he faces his most recent former team. The Stars are in their 1980s Capitals era (or more generously, 1980s Flyers), perennially fielding really good teams but finding different reasons and divine interventions to prevent their […]

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Oct 25 • 6:00 AM EDT • Sports • sports.yahoo.com
As vote nears, Trump’s AI gamble fuels economic uncertainty

Some of the world’s leading financiers are sounding increasingly alarmed about an AI bubble.

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Oct 25 • 6:00 AM EDT • Politics • latimes.com
When is El Clásico? How to watch rivalry match between Real Madrid and FC Barcelona
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Oct 25 • 5:58 AM EDT • Sports • sports.yahoo.com
“We Have No Business up There” – Gattuso Insists Lazio Are Targeting 40 Points

Gennaro Gattuso urges Lazio to keep their feet on the ground and focus on modest objectives despite leading the Serie A table.Lazio Overcome Parma TestThe Biancocelesti raised their tally to 22 from a...

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Oct 25 • 5:49 AM EDT • Business • sports.yahoo.com
Norman Powell: "I feel like this is another …

Norman Powell: "I feel like this is another …

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Oct 25 • 5:27 AM EDT • Sports • sports.yahoo.com
Warriors are calling it left knee soreness for Gui …

Warriors are calling it left knee soreness for Gui …

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Oct 25 • 5:27 AM EDT • Sports • sports.yahoo.com
Pittsburgh Steelers vs. New Orleans Saints: How to watch the NFL international game today, start time, where to stream and more
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Oct 25 • 5:24 AM EDT • Sports • sports.yahoo.com
Country music star retiring at 51: ‘Now that I’m leaving it’s gonna completely suck’

The singer is calling it quits when his tour is finished.

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Oct 25 • 5:10 AM EDT • Entertainment • pennlive.com
Country music star retiring at 51: ‘Now that I’m leaving it’s gonna completely suck’

The singer is calling it quits when his tour is finished.

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Oct 25 • 5:10 AM EDT • Entertainment • nj.com
Detroit Lions vs. Packers: Where to watch, TV channel, time

The Detroit Lions welcome in the Green Bay Packers for a pivotal Week 7 game. Here's where to watch, including TV channel and kickoff time.

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Oct 25 • 5:07 AM EDT • Sports • sports.yahoo.com
😐 Neutral (0%)
Steelers vs Saints live updates, TV info, start time, stream NFL Paris game

The Steelers are in the middle of a AFC North divisional dog fight as they look to win the first NFL regular season game on French soil.

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Oct 25 • 5:00 AM EDT • Sports • sports.yahoo.com
Why scientists no longer think plastic is the safest material around

For decades, scientists believed that plastics were some of the safest materials around. Now it's clear how flawed that view was.

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Oct 25 • 5:00 AM EDT • Science • washingtonpost.com
EXHIBITION GAME THREAD: RV Marquette vs #6 Michigan State

It’s mostly real basketball at Fiserv Forum, what’s not to like?

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Oct 25 • 5:00 AM EDT • Sports • sports.yahoo.com
GMA News

DOOMSDAY IS COMING! 🎬 LOOK: Marvel Entertainment drops a new trailer for the upcoming "Avengers: Doomsday" movie, featuring Chris Evans as Captain America, Chris Hemsworth as Thor, and a look at...

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Oct 25 • 4:57 AM EDT • Entertainment • facebook.com
Dana White Praises Merab Dvalishvili After UFC 333

UFC president Dana White praised bantamweight fighter Merab Dvalishvili following his fight against Petr Yan at UFC 333.In the trilogy championship bout between Yan and Dvalishvili, the two long-time rivals went the full 25 minutes and put on an absolute show as they went back and forth for five rounds before Yan ultimately edged out […] The post Dana White Praises Merab Dvalishvili After UFC 333 appeared first on HEAVY.

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Oct 25 • 4:53 AM EDT • Sports • sports.yahoo.com
Liverpool committing to Barcelona model, massive change for club

Liverpool are committing to the Barcelona model. It's a massive change for the club - but will it pay off?Liverpool have a transfer strategy under Jurgen Klopp and it was a wildly successful one. They...

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Oct 25 • 4:40 AM EDT • Sports • sports.yahoo.com
😐 Neutral (0%)
UFC 333 Highlights: Petr Yan vs. Merab Dvalishvili

Check out the highlights from the UFC 333 co-main event trilogy bout.

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Oct 25 • 3:45 AM EDT • Sports • sports.yahoo.com
These Milwaukee Brewers are two games from immortality in World Series
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Oct 25 • 2:52 AM EDT • Sports • sports.yahoo.com
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Why are Liverpool struggling for Premier League goals?

Liverpool have scored 15 goals in four cup games this season, but have managed only nine goals in seven Premier League matches.

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Oct 25 • 2:26 AM EDT • Sports • sports.yahoo.com
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Brewers-Rays Game 2 takeaways with JR Radcliffe analysis

Key takeaways from Game 2 of the Brewers-Rays World Series with analysis from JR Radcliffe

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Oct 25 • 2:03 AM EDT • Sports • sports.yahoo.com
High school girls' volleyball: Southern Section playoff results and pairings

CIF Southern Section high school girls' volleyball playoff results and updated pairings.

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Oct 25 • 1:22 AM EDT • Sports • sports.yahoo.com
‘Monster Mash’ still makes a bunch of $ each year

“I have been paying the rent for 36 years with this one song,” co-writer and performer Bobby “Boris” Pickett—aka the Mariah Carey of Halloween—told the Memphis Commercial Appeal in 1998.

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Oct 25 • 1:01 AM EDT • Entertainment • morningbrew.com
Takeaways from BYU’s Exhibition Win Over UNLV

BYU finished off its preseason slate with an 89-77 exhibition road win over UNLV Saturday afternoon in Las Vegas. BYU won a closed scrimmage 102-53 versus Long Beach State, beat Nebraska 72-61 last week, and closed things out with a double-digit win over the Rebels. BYU trailed 42-30 late in the first half, but ended […]

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Oct 25 • 12:59 AM EDT • Sports • sports.yahoo.com
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Jaylen Brown responds to Jayson Tatum's 'no beef' comments as dispute continues: 'He's got a great PR team'
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Oct 25 • 12:22 AM EDT • Sports • sports.yahoo.com
1 player Eagles must target at 2026 NFL trade deadline

If the Philadelphia Eagles make any more trades before the 2026 trade deadline , it should almost certainly be as sellers, not buyers. Now sure, could Roseman find a bargain on the margins and make a move, like if a team is willing to take a conditional seventh-round pick for a player at a position of need – safety, anyone? -instead of releasing […] The post 1 player Eagles must target at 2026 NFL trade deadline appeared first on ClutchPoints.

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Oct 24 • 11:53 PM EDT • Sports • sports.yahoo.com
Inter Milan vs Fiorentina – Predicted lineup and team news

Inter Milan welcome Fiorentina to the San Siro on Sunday for their next Serie A game, aiming to climb to the summit of the table.The Nerazzurri arrive in outstanding domestic form, having avoided defe...

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Oct 24 • 11:45 PM EDT • Sports • sports.yahoo.com
Science Hill lost in the TSSAA state volleyball finals on Friday

Franklin's win capped a banner day for Nashville-area Division I programs as they teams swept the Class A (Eagleville), AA (Valor Prep) and AAA championships.

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Oct 24 • 11:41 PM EDT • Science • heraldcourier.com
Five takeaways from USC’s embarrassing 24-7 loss to Wisconsin

What did we learn from the Trojans’ pathetic performance in Madison Saturday evening?

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Oct 24 • 11:36 PM EDT • Sports • sports.yahoo.com
Kansas City leaders, non-profits and businesses turn unity into investments

Neighborhood leaders, nonprofits and businesses packed into Kansas City, Kansas, on Saturday, focused on turning unity into real investments.

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Oct 24 • 11:14 PM EDT • Business • kctv5.com
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Bruins vs. Sharks Takeaways: Boston Rallies for 6-4 Win

Boston erupted for four goals in the third period to secure a comeback win over San Jose. David Pastrnak reached a major franchise milestone as the Bruins extended their point streak to eight games.

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Oct 24 • 11:04 PM EDT • Sports • sports.yahoo.com
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Barcelona vs Real Madrid, La Liga: Preview

The biggest game in the game, with a whole lot at stake

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Oct 24 • 11:00 PM EDT • Sports • sports.yahoo.com
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When is next World Series game? Brewers vs. Rays schedule
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Oct 24 • 10:44 PM EDT • Sports • sports.yahoo.com
Michigan’s Kyle Whittingham Pinpoints 3 Costly Failures Behind Indiana Loss

The Michigan Wolverines had enough defensive resistance to push Indiana into overtime, but their offense never supplied the breakthrough needed to finish the job. Following the 13-6 defeat, coach Kyle Whittingham offered a straightforward explanation of where the game slipped away. His assessment centered on three problems that Michigan could not overcome.Whittingham pointed to the […] The post Michigan’s Kyle Whittingham Pinpoints 3 Costly Failures Behind Indiana Loss appeared first on HEAVY.

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Oct 24 • 10:44 PM EDT • Sports • sports.yahoo.com
FAU star receiver achieves historic feat with 5-TD performance

The FAU Owls set themselves apart in college football history following a spectacular performance from Easton Messer in their 51-49 win over the Rice Owls on Saturday afternoon. Messer is going through the final season of his collegiate career, his second with the Owls. He shines as one of the best receivers in the nation, ranking high with a lot […] The post FAU star receiver achieves historic feat with 5-TD performance appeared first on ClutchPoints.

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Oct 24 • 10:33 PM EDT • Sports • sports.yahoo.com
Lions vs. Packers: 3 Best Player Prop Bets for Sunday's Showdown

The Lions and Packers bring explosive offenses into Sunday's divisional showdown. I'm 10–8 on the season and targeting three player props to cash at Ford Field.

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Oct 24 • 10:13 PM EDT • Sports • sports.yahoo.com
Jacksonville Jaguars’ Major Offensive Issue After 4-2 Start Revealed

The Jacksonville Jaguars’ 4-2 start has been overshadowed by a recurring offensive problem, as penalties continue to erase scoring opportunities and disrupt drives. Costly infractions have prevented the team from maximizing its production, raising concerns about discipline as Jacksonville looks to remain competitive in the AFC. The Jaguars have already had three touchdowns wiped off […] The post Jacksonville Jaguars’ Major Offensive Issue After 4-2 Start Revealed appeared first on Gridiron Heroi

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Oct 24 • 10:12 PM EDT • Sports • sports.yahoo.com
Houston Rockets jersey history No. 35 - Larry Spriggs (1981-82)

During his time suiting up for the Rockets, Spriggs wore only jersey No. 35 and put up 3.5 points, 1.5 rebounds, 1.0 assists per game.

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Oct 24 • 10:00 PM EDT • Sports • sports.yahoo.com
😐 Neutral (0%)
NA boys sweep Erie Challenge

North Allegheny traveled to Erie, PA to take part in the Erie Challenge over the weekend. The NA boys swept their schedule going 2-0 on the weekend while the girls went 0-3. Girls The NA girls dropped a 15-5 match against Germantown to get the tournament going. Margarita Tokareva had three goals while Sania Bedi and Vania Rathee each scored. Rathee… More »

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Oct 24 • 9:41 PM EDT • Sports • athletics.northallegheny.org
Browns Star Denzel Ward Drops 2-Word Message on Injury

Denzel Ward offered a two-word update after a late-week hand injury, as the Browns received encouraging news on several other key defenders. The post Browns Star Denzel Ward Drops 2-Word Message on Injury appeared first on HEAVY.

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Oct 24 • 9:32 PM EDT • Sports • sports.yahoo.com
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Cincinnati Reds Made Massive Mistake With Ke’Bryan Hayes

The Cincinnati Reds made a massive mistake acquiring infielder Ke'Bryan Hayes.

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Oct 24 • 8:47 PM EDT • Sports • sports.yahoo.com
14-year-old entrepreneur’s slim business reaches millions online

A 14-year-old entrepreneur’s slime business has reached millions online and gained 21,000 followers in 23 days.

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Oct 24 • 8:35 PM EDT • Business • wndu.com
🥈 Bullet header places Antoine Griezmann in MLS goalscoring pantheon

Antoine Griezmann's arrival in MLS has come up with the goods in expected fashion across much of the 2026 season, with the World Cup winner and France icon becoming one of the faces of the league and ...

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Oct 24 • 8:28 PM EDT • Sports • sports.yahoo.com
What Bears Saw Before Hims & Hers Health Slid

If you only glanced at the headlines on Hims & Hers Health, the story looked exciting. AI-native care, GLP-1 partnerships and global expansion sounded like the textbook setup for a win. For Hims & Hers Health shareholders, the loss over the past year was 43.2%, including dividends. If you had been deciding whether to buy on 23 October 2025, what clues were already on the table about rising costs, legal risk and dilution pressure? Hims & Hers Health is not the only name tied to this theme...

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Oct 24 • 8:17 PM EDT • Health • finance.yahoo.com
Fall Family Health Fair brings resources to South Bend community

A South Bend health fair connects families with free resources, including a bloodmobile and mobile health unit, at Innovation Park.

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Oct 24 • 8:15 PM EDT • Health • wndu.com
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How Much Would It Cost To Build A PC That Can Compete With The PS5 Pro?

The price of the PS5 Pro continues climbing. If you're going to shell out that much, maybe you should consider building a similar PC. How much would that be?

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Oct 24 • 8:15 PM EDT • Technology • slashgear.com
SnakePit Post-season GDT, #19

The Brewers successfully held serve in the World Series opener, though it certainly got a bit tense there in the ninth inning, as Tampa had the tying run in scoring position with one out. It ended up as the 11th one-run game this post-season. That’s still a long way off the MLB postseason record for […]

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Oct 24 • 8:00 PM EDT • Sports • sports.yahoo.com
Chase Briscoe on Pole for NASCAR Cup Race at Talladega

Chase Briscoe is in the best position to go back-to-back in the fall NASCAR Cup Series race at Talladega Superspeedway, winning the pole for Sunday's Yellawood 500 and gaining points on the championship from the get-go.

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Oct 24 • 7:30 PM EDT • Sports • sports.yahoo.com
😐 Neutral (0%)
Fred VanVleet (knee injury management) and Steven …

Fred VanVleet (knee injury management) and Steven …

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Oct 24 • 7:21 PM EDT • Sports • sports.yahoo.com
Tyler Herro Explains Bucks' Crucial Mistake in Loss vs Bulls

Herro put the winless Bucks' defeat to the Bulls down to inexperience.

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Oct 24 • 7:10 PM EDT • Sports • sports.yahoo.com
Giants should send Malik Nabers at Houston’s weakened middle

Houston will be without safeties Reed Blankenship and Jalen Pitre on Sunday. I’d make those absences part of the Giants‘ […]

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Oct 24 • 7:05 PM EDT • Sports • sports.yahoo.com
Nebraska volleyball vs. USC live updates, stats and highlights

Nebraska hosts USC in a Big Ten volleyball match on Saturday night. The Huskers are undefeated through 20 games for the 10th time in program history.

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Oct 24 • 7:00 PM EDT • Sports • sports.yahoo.com
😐 Neutral (14%)
Sabonis Records Efficient Triple-Double in Kings Loss

The Lithuanian big man mirrored Wilt Chamberlain’s historic efficiency, yet his monster performance couldn't mask Sacramento's closing struggles.

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Oct 24 • 6:42 PM EDT • Sports • sports.yahoo.com
Obama blames Trump for voter frustrations in first of two midterm rallies
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Oct 24 • 6:23 PM EDT • Politics • cnn.com
Atomic Wings CEO Zak Omar on leadership, family and building the business

Atomic Wings CEO Zak Omar shares how family, personal challenges and lessons in leadership helped shape his career and grow the chain to 35 locations.

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Oct 24 • 6:20 PM EDT • Business • foxbusiness.com
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Bell County Indigent Health director answers questions about hospital district on ballot

As early voting continues in Bell County, a lot of voters headed to the polls are wondering about a proposition on the ballot calling for a new hospital district in

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Oct 24 • 6:13 PM EDT • Health • kdhnews.com
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Adams County Health Department participates in Drug Take Back Day 2026

Residents were encouraged to drop off expired or unwanted medicine and prescription at Adams County Health Department for Drug Take Back Day.

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Oct 24 • 6:02 PM EDT • Health • wgem.com
When does ‘Mayor of Kingstown’ season 5 premiere? Inside the crime drama’s final chapter

‘Mayor of Kingstown’ is gearing up for one last showdown. Here’s what to expect from the fifth and final season, including its premiere date and the new threat coming to Kingstown.

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Oct 24 • 6:00 PM EDT • Entertainment • ew.com
Austin Hedges’ Future With the Guardians Appears Uncertain

Austin Hedges has been an important piece of the Cleveland Guardians roster for the last half-decade, but there's no guarantee he's back in 2027.

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Oct 24 • 5:45 PM EDT • Sports • sports.yahoo.com
Vikings planning big Jordan Mason decision ahead of Week 7

The Minnesota Vikings plan to activate running back Jordan Mason from injured reserve ahead of Sunday’s Week 7 matchup against the Indianapolis Colts , provided everything goes well Saturday. ESPN’s Jeremy Fowler reported Saturday via X, formerly known as Twitter, that Minnesota expects to bring Mason back after a four-game absence. “Vikings plan […] The post Vikings planning big Jordan Mason decision ahead of Week 7 appeared first on ClutchPoints.

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Oct 24 • 5:31 PM EDT • Sports • sports.yahoo.com
Vinny Guadagnino Says ‘Jersey Shore' 'Triggered' His Mental Health Issues

The reality television star recounted the repetitive drinking and partying on 'Jersey Shore' as being "grueling."

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Oct 24 • 5:14 PM EDT • Health • yahoo.com
OPED-YOUTH-MENTAL-HEALTH-COMMENTARY-FILEPIC-DMT

In their daily lives, young people are navigating ever-evolving digital spaces that have not been designed with their needs at the forefront.

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Oct 24 • 4:59 PM EDT • Health • yakimaherald.com
Multiple Browns injury updates surface ahead of Week 7 matchup

The Cleveland Browns made several roster moves Saturday ahead of their Week 7 matchup against the Tennessee Titans , activating running back Dylan Sampson from injured reserve while placing offensive guard Teven Jenkins on injured reserve. ESPN’s Adam Schefter reported Saturday via X, formerly known as Twitter, that Cleveland also elevated […] The post Multiple Browns injury updates surface ahead of Week 7 matchup appeared first on ClutchPoints.

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Oct 24 • 4:39 PM EDT • Sports • sports.yahoo.com
Jon Gosselin’s ex shares emotional reaction to Collin’s book: ‘I will always be your mom’

Colleen Conrad dated the “Jon and Kate Plus 8” star from 2014 to 2021.

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Oct 24 • 4:33 PM EDT • Entertainment • yahoo.com
Why Trump Will Pay the Price for MAGA’s Vilest Ad: Author
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Oct 24 • 4:30 PM EDT • Politics • yahoo.com
DeVonta Smith out for Week 7

Eagles WR DeVonta Smith won't play in Week 7 after not practicing all week

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Oct 24 • 4:16 PM EDT • Sports • sports.yahoo.com
Harbaugh Slams Brady’s Return: The Reality Check Giants Need

John Harbaugh doubts Tom Brady can play again, calling the idea a fantasy. Giants fans know the physical toll of the NFL trenches is no joke.

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Oct 24 • 4:16 PM EDT • Sports • sports.yahoo.com
Bears Lose Heartbeat Cole Kmet, Depth Test Begins Now

Cole Kmet's season ends with a serious knee injury. The Bears must rely on rookie Sam Roush and Colston Loveland to fill the void.

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Oct 24 • 4:08 PM EDT • Sports • sports.yahoo.com
Packers activate Josh Jacobs
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Oct 24 • 4:07 PM EDT • Sports • sports.yahoo.com
She’s Eyeing a $4,500 Mental Health Rage Retreat. Calling It Therapy Doesn’t Make It Medicare-Covered

A $4,500 rage retreat lists licensed therapists on staff and promises room to process grief and anger, but the word "therapy" on a brochure and Medicare coverage are two very different things.

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Oct 24 • 4:00 PM EDT • Health • health.yahoo.com
LIVE! Watch UFC 333 Post-Fight Presser

With UFC 333 officially a wrap after an entertaining card earlier today (Sat., Oct. 24, 2026) LIVE on Paramount+ from inside Etihad Arena in Abu Dhabi, United Arab Emirates, fight fans can now check out the post-fight press conference video above for all the best reaction and official bonus winners. On a day that featured […]

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Oct 24 • 4:00 PM EDT • Sports • sports.yahoo.com
Demichelis' Gamble Pays Off As Leipzig Crush Elversberg 4-0

After a tactical reshuffle, the Red Bulls maintained their flawless home record as Rômulo’s clinical double and Christoph Baumgartner’s emotional return ignited a dominant four-goal second-half blitz.

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Oct 24 • 3:59 PM EDT • Sports • sports.yahoo.com
The Rockets have downgraded Marcus Smart (left forearm …

The Rockets have downgraded Marcus Smart (left forearm …

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Oct 24 • 3:54 PM EDT • Sports • sports.yahoo.com
Boston Celtics Daily Links 10/24/26

All the Celtics news you need in one convenient place.

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Oct 24 • 3:52 PM EDT • Sports • sports.yahoo.com
AOC can draw a crowd, but the midterms will test whether her politics can win before 2028

WASHINGTON — Alexandria Ocasio-Cortez has had little trouble drawing a crowd. In a final campaign swing with progressive candidates across the country,...

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Oct 24 • 3:45 PM EDT • Politics • post-gazette.com
Netflix’s Leadership Shake Up…Explained

(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) Well, I had a simple article planned for this week. Called “Whoa, I Missed It!”, I’d take a gander at a few important-but-under-the-radar stories I didn’t cover while I wrote about all things “Skydance. (Formerly known as “the saga of Netflix trying to buy Warner Bros., but not Discovery, then Paramount-Skydance bought all of Warner Bros. Discovery”.) Alas, that article will have to wait. Netflix made news. Ironically, my “Whoa, I Missed It!” article would have mostly been about “content” strategy decisions, which is also what today’s article is about. But instead of the entire industry, this article will only cover Netflix’s decision to upend their film and TV content teams. Just that! So that’s the full topic of the day. I’m going to tackle the issue in the opposite direction of the way “stuff” flows: uphill. We’ll start at film, then move onto TV, and then onto the CEOs themselves, and the strategy questions that still remain. But we start with the numbers driving this. Let’s dive in. Subscribe Most Important Story of the Week - Netflix Upends Their Corporate Hierarchy I’ve got a lot of thoughts, but we’ll start with the most common response to yesterday’s article. Let’s Talk Stock Price More than one person, responding to what I published two days ago, pointed out that, well, actually, the thing driving Netflix’s actions is this: In short, stock price! Even if Netflix isn’t obsessed with their own share price—they probably are, but, for the record, my strategic advice to every CEO is to absolutely ignore stock prices, which will, ironically, probably help the stock price long-term—most everyone thinks they are. By the way, I prefer market capitalization to stock prices, because it’s a more apples-to-apples way to compare companies: But there’s an even better way to look at it, and it kinda casts some doubt on the entire push here: price-to-earnings. I have a long list of articles that I wish I had written, and chief among them is an article titled, “Am I Still a Netflix ‘Bear’?” meaning someone who thinks Netflix’s stock is overvalued. As of last summer, Netflix had solved their biggest problem—which for me (circa 2019) was the lack of free cash flow—but their stock was CRAZY overvalued. That’s this chart here: Why did Netflix’s stock price increase to a price-to-earnings ratio of 50 last summer? What financial metric changed so quickly? Nothing. Given that, historically, mature entertainment companies average 10 to 20, with 16 being the average, that increase made little sense. Netflix’s stock swoon these last eight or so months wasn’t irrational; the stock price rise last year was. So if you want a really hot Netflix take, here it is: Netflix’s stock price has been going down because the financial industry recovered its senses, not because of any strategic mistake. Yes, that would imply that cleaning house may have been a mistake. That’s why the charts yesterday are so important, because they show that Netflix did have a strategic problem (a lack of hits) and that’s what they moved to address. (One could also argue the industry drastically overrated Netflix’s growth prospects, but that’s a financial industry problem, not a Netflix strategy problem per se. Some growth estimates are just crazy. *cough* AI *cough*) Now, the last time Netflix’s stock price crashed—circa 2022—it gave them an opening. I’d argue Netflix insiders knew they needed to expand post-COVID-19 crisis, adding advertising, cracking down on password sharing, and dabbling in sports. But if they had done that when their stock price was high, it would give folks a reason to second guess their strategy. (Arguably, last year, when Netflix pursued the Warner Bros. merger, it gave the industry a chance to review their business.) Instead, after the 2022 fall, they had the opening to make strategic changes. We may see Netflix pivot again following this latest slide. For example, the “binge versus weekly” conversation is alive and well again. Same for expanding into theaters even more. And adding both linear channels and streaming bundles. And maybe more either social, user-generated, vertical, or creator content. But the first shift came with who is making the content calls. A Message from Our Sponsor Last winter Pulp Fiction was on Netflix. For those same 90 days, it was also free, with ads, on Pluto TV and the Roku Channel. That is not a glitch, and it is not rare. The title has run on 20 different US streaming services since 2019, across 80 separate windows, and for more than 600 of those days it sat on a paid subscription service and a free ad-supported one at the same time. Almost nobody can see this, because when a title leaves a service, the record that it was ever there tends to leave with it. Reelgood keeps that record, dated to the day rather than the month: 4MM+ movie, show and episode titles across 300+ services globally, with timestamped arrivals, departures and moves across SVOD, AVOD, TVOD and vMVPD. Licensing teams price against every prior window. Rights teams check what a licensee actually delivered, and when. Pick a title you think you know: data.reelgood.com/title-availability Film - Dan Lin Want to know why I don’t opine on individual film or TV executives, especially new hires? Dan Lin. As I always caution, it’s really, really, really tough to predict which executives will succeed in new roles and which won’t. The successful head of co-production/finance partner, Rideback, Lin was considered for the head of DC Studios job before taking the job as the head of Netflix. By all accounts at the time, this was a smart hire. (That’s my read of the news coverage anyways.) But now that Netflix has fired Dan Lin, we got a slew of news stories about how he was doing a terrible job. In sports media, Bryan Curtis, new Substack writer/podcaster from The Ringer, calls this the “now you tell us” story, when you only hear the bad news after a star athlete leaves a sports team. In this case, now they tell us that Dan Lin was bad with talent after he got kicked out the door. So was Dan Lin a flop? It’s actually tough to say. While film moves faster than TV, even two years isn’t really enough time to evaluate a person’s output. The new head hasn’t really taken control. As Emily Horgan noted, it takes much longer than two years to produce animated films, so yeah, it’s definitely too early to judge in that domain. As for live-action films, I just published an article by Brandon Katz called “Netflix’s Summer of Bummer”, but I’d point out Netflix had a bad summer two years ago too. Arguably, their best summer came from KPop Demon Hunters last year and Happy Gilmore 2, the latter of which I saw credited to Lin. Then, the stories came out that Dan Lin clashed with talent, both Ben Affleck and Greta Gerwig, classic “now they tell us” factoids to explain his firing. This may have been true, but also should have been expected given that he was given the mandate to bring budgets back in check, especially after Rebel Moon. So if he made folks upset, well, that’s what he was hired to do! But also, he was described as “well-liked” at his hiring! In that case, I’m a bit sympathetic to Lin, since he may have been undercut by senior leadership, as often happens. Basically, a CEO hires a subordinate to be their “bad cop” and keep budgets in check, but then when talent complains, the CEO ends up undercutting them. That’s how I think you end up with a Narnia movie as expensive as any of the other flops, along with a film executive the town no longer likes. As a result, I think that Netflix is now executing a classic “hire the opposite” move by hiring Peter Rice. This phrase comes from my experience following football and basketball coaching decisions, where teams generally hire the opposite of who they just had. If you have an offense-minded head coach, hire the defensive guy. Or in college football, if you have a strong recruiter, then you pivot to an “X’s and Os” type of guy. Or in pro basketball, if you have a very analytically minded coach, you hire the player-friendly guy. I see that here. After dropping Scott Stuber—arguably a talent-friendly executive with lax budget control—Netflix hired the business guy to keep costs in check. Now Netflix is pivoting back to Peter Rice and presumably a more talent-friendly regime. (Disney, by the way, has done this twice: hiring business guys to succeed talent-friendly Bob Iger. It didn’t work out last time.) When it comes to Peter Rice…we’ll see! Maybe he works out, but maybe he doesn’t. I’d actually say the biggest problem is that Netflix still hasn’t solved its “IP Problem”, in that they don’t own much IP, so they just have a lower hit rate. The new executive won’t solve that. (Though buying Lionsgate would help.) Share “Content” - Bela Bajaria I almost published yesterday’s article after this column, but ended up flipping the order, because it told the story so well. So if you want the data for why Netflix is looking at TV to fix their problems, it’s in that article, this graph in particular: I know I just wrote that it’s often hard to judge executives, but Bajaria ran TV for six years and film for three and a half more. That’s more than enough to judge hit rates, and Netflix needs more hits. That’s the story. Since 2023, Netflix hasn’t had as many hit shows as it used to, and many of its previous power house TV shows have ended their runs (Stranger Things most of all). Also, many shows from 2020 to 2022 probably pre-dated Bajaria’s tenure. (That said, one thing may have been outside of Bajaria’s control, which I explain below.) Let’s lump some content strategy thoughts about Netflix and TV into one place: We’re just getting started with this issue, but the rest is for paid subscribers of the Entertainment Strategy Guy, so if you’d like to find out… Why I partially blame Squid Game for Netflix’s latest troubles… What is “the football trap”... Why it might not be the TV shows or films’ fault at all… What change I don’t think Netflix will make... How Bela Bajaria evolved Netflix’s TV strategy in smart ways… Whose departure likely submarined Bajaria’s final few years… One sneaky explanation for Netflix’s content struggles... And a whole lot more... ...please subscribe! We can only keep doing this great work with your support.

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Oct 24 • 3:25 PM EDT • Entertainment • entertainment.substack.com
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