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Who's running to be Oklahoma's next Commissioner of Labor?
Republican Kevin West, Libertarian Mike Hall and Democrat Kevin Dawson will face off in November to be the next Commissioner of Labor.
UCLA Health expansion raises costs and concerns
UCLA Health has fast expanded its number of hospitals and number of clinics in recent years. Critics say the expansion is raising healthcare costs and question why it hasn’t included lower-income neighborhoods.
In Arkansas, Democrats see an opening at the edge of the competitive midterms map
In a sign of the potentially dire midterm political environment, Republicans have spent millions of dollars playing defense in Arkansas, one of the most conservative states in the country.
Champaign County Chamber of Commerce names Michelle's Bridal as Small Business of the Year
Chamber President and CEO Laura Weis: "They've managed to remain relevant and successful for more than 40 years while never losing sight of the personal service and community connections that
WATCH: Trump at GOP rally in Florida revives idea of military intervention in Cuba after Iran
Stock Market Action Plan: A Preelection Week Primer
The stock market faces a heavy week of earnings from the likes of Alphabet and Amazon, along with a Fed meeting and preelection positioning.
ESMO: Roche touts ‘convincing’ phase 3 KRAS data after win over rivals
Roche has shed more light on its investigational KRAS G12C inhibitor's phase 3 victory over Amgen’s Lumakras and Bristol Myers Squibb’s Krazati. The open-label Krascendo 1 trial enrolled 338 people with previously treated KRAS G12C-mutated non-small cell lung cancer (NSCLC). Patients who had already received a KRAS G12C inhibitor or pan-KRAS/RAS inhibitor were excluded from the trial. Participants received either divarasib once daily, Lumakras once daily or Krazati twice daily. Roche announced back in July that divarasib had demonstrated statistically significant improvements in progression-free survival (PFS) and overall survival (OS), meeting the trial’s primary and key secondary endpoints. But the Swiss pharma had been holding back the detailed data until now. At the European Society for Medical Oncology (ESMO) Congress in Madrid, Roche revealed that median OS for the 167 patients who received divarasib was 17.7 months, compared to 12 months for the 171 patients who received Lumakras or Krazati. The benefit was similarly clear when it came to median PFS, which stood at 9.8 months versus 5.7 months, respectively. A total of 44% of patients receiving divarasib were alive without disease progression at one year, compared to 24% of the control group, according to Roche’s presentation. It was a similar story for the objective response rate, which came in at 58% for divarasib versus 32% for the control group, while median duration of response was 11.9 months versus 6.9 months. Stefan Frings, M.D., Ph.D., deputy chief medical officer at Roche Pharma, told Fierce that the data made for a “very comprehensive, strong package, which should be convincing to health authorities.” “It’s an important advance for patients with lung cancer,” Frings said in an interview at a Madrid hotel during the conference. “It's a second-line setting, and patients who receive divarasib benefit compared to the current first-generation KRAS G12C inhibitors by having far longer overall survival,” he continued. “They live longer. They have better progression-free survival, better response rates, and with a safety profile which is—if [anything]—even better,” he said. According to Roche, 4.8% of patients receiving divarasib discontinued treatment due to treatment-related adverse events, compared to 11.7% in the control group. Serious treatment-related adverse events were also less common with divarasib, at 7.8% versus 15.2%. Roche’s confidence in divarasib had been building even before this phase 3 success. The candidate had already shown better potency and selectivity than the incumbent KRAS G12C inhibitors Krazati and Lumakras in preclinical tests. After cross-trial comparisons suggested that the edge translated into better clinical outcomes, Roche axed a study comparing divarasib to the chemotherapy docetaxel and went toe-to-toe with Lumakras and Krazati. “We designed the drug on purpose with higher potency and better selectivity,” Frings explained. “So, based on preclinical models, we clearly knew it would be superior to the first generation.” “It’s honestly not so frequent that pharma companies go head-to-head,” he added. “But if you want to make a point, if you want to convince payers, prescribers and patients … then a head-to-head win is rather rewarding.” While Amgen and BMS reached the regulatory finish line first for KRAS G12C-mutated, locally advanced or metastatic NSCLC in 2021 and 2022, respectively, they have struggled to capitalize on their head start. Krazati brought in $55 million for BMS in the second quarter, while Lumakras delivered $111 million to Amgen. For its part, Roche is aiming for peak divarasib sales of 1 billion to 2 billion Swiss francs ($1.2 billion to $2.5 billion), according to Frings. The Big Pharma is currently recruiting patients into a phase 3 trial comparing divarasib plus Keytruda against Keytruda plus chemotherapy in previously untreated advanced or metastatic nonsquamous KRAS G12C-mutated NSCLC. Roche has previously suggested that sales in metastatic disease would account for most of the forecast. Frings was tight-lipped on the exact timeline for a regulatory filing but said the Swiss pharma is “certainly keen to get this to as many patients as possible around the world.” Roche has more RAS drugs coming up behind divarasib. The pharma has already launched phase 1 trials of a pan-RAS inhibitor called RG6505 and a KRAS G12D inhibitor dubbed RG6620 in solid tumors. Roche’s partner Chugai Pharmaceutical is also testing a pan-KRAS inhibitor called AUBE00. Roche has made a “deliberate effort” to test a range of RAS drugs, Frings said. “If you have many rare mutations and you are scrambling to find sufficient patients, a pan-RAS inhibitor makes a lot of sense,” he explained.
Exhibit renovations kick off at the Science Museum of Virginia
Big changes are in store for one of the museum's permanent exhibits.
Memorial Health System holds ceremony for final beam at new Sistersville General Hospital
SISTERSVILLE – Hospital officials, community members, state and local leaders, and representatives of Memorial Health System and the Memorial Health Foundation gathered at the construction site of the new Sistersville General Hospital on Friday for a signing and dedication ceremony of the final steel beam prior to it being raised into place. “We are still […]
The Violent Cost of Being a Woman in Politics Spans Continents
Weekend Reading on Women’s Representation is a compilation of stories about women’s representation in politics, on boards, in sports and entertainment, in judicial offices and in the private sector in the U.S. and around the world ... with a little gardening and goodwill mixed in for refreshment. This week: —There is not (yet) the political will in the U.S. to talk about gender quotas ... but 35 nations in Europe have either been mandated or volunteered to implement them. —Weeks after the brutal rape of Arizona congressional candidate Bernadette Greene-Placentia, Australian independent member of Parliament Helen Haines is in hospital in a critical condition after she was struck by a car outside her office in what Prime Minister Anthony Albanese said appears to have been "a deliberate act." —"Politicians are no longer treated like we’re human,” says Arizona state legislator Alma Hernandez, who is facing rising harassment and threats. —Federal agents searched the Washington-area home of Rep. Ilhan Omar, a frequent critic of Republican President Donald Trump. —If elected governor of Georgia, Keisha Lance Bottoms would become the first Black woman governor in U.S. history. ... and more.
Improving breast cancer treatment; improving prostate cancer diagnosis; listen to your knee pain; plus other stories with Vanderbilt Health sources
WTVF News Channel 5’s “Morningline” program interviewed Denise Garcia, MD, Assistant Professor of Surgery, about new technology that helps surgeons identify cancer during surgery and improve breast cancer treatment. A Men’s Health story about PSA screening for prostate cancer quoted Kelvin Moses, MD, PhD, Professor of Urology. Men’s Health posted a story, “What Your Knee Pain is Trying to Tell You,” that quotes Charles Cox, MD, MPH, Associate Professor of Orthopaedic Surgery. William Schaffner, MD, Professor of Preventive Medicine, was quoted by several news outlets about public health issues, including: WSMV Channel 4 News (importance of flu shots); MedPage Today (mRNA flu shots); WTVF News Channel 5 (19 people sent to hospital after a sickness outbreak at Walmart facility in Lebanon); Prevention (West Nile virus); HuffPost (prevention pill for COVID); and Newsweek (measles cases continue to increase in the U.S.). Becker’s Hospital Review and Nashville Post covered the Vanderbilt Health News story from Rebecca Warren that Chief Communications Officer John Howser is retiring in March 2027, closing out a nearly 40-year career at Vanderbilt. A Healio story on research about OCT-A biomarkers and diabetic retinopathy quotes Vanderbilt University School of Medicine student Rachel Liu. WPLN Nashville Public Radio quoted Amanda Mixon, MD, MPH, Associate Professor of Medicine, in a story about adverse drug interactions.
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...
New Lisbon business offering pet food and supplies
LISBON—A new business promises to provide the community with the highest quality food and supplies for their pets. The newest member of Lisbon’s business community, Pet Folk has officially opened their doors, celebrating its soft opening with a ribbon cutting and champagne Thursday. Located at 7556 state Route 45, Unit A, Pet Folk is entirely […]
Why Joao Pedro Missed Chelsea vs Tottenham
As soon as the lineup dropped for Chelsea's London derby with Tottenham Hotspur, there was one very notable absence. Geovany Quenda was named to the starting eleven with it being clear that Joao Pedro was totally absent from the squad. The Brazilian has been in hot form since the start of the campaign, bagging five …
Doctors’ offices are charging patients 10 times more by claiming to be hospitals
Even when patients never step into a hospital, they may be charged hospital “facility fees,” and their care may be billed at higher rates.
Opinion | Trump Should Stay Out of Brazilian Politics
The president seems not to understand that the global standing of the United States suffers when he plays into the stereotype of the ugly American.
Here's Everything Wrong With My 'Mint' $1700 Jeep Grand Cherokee
Last weekend I purchased a new 1993 Jeep Grand Cherokee after realizing that my 5-speed “Holy Grail” project hadn’t gone anywhere in five years and wasn’t likely to go anywhere in the next five years. This nice 1993, I figured, would replace that project and give me an opportunity to drive a ZJ now instead […]
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.
Why crafting is good for your brain, according to science
Knitters and other crafters say busy hands quiet their minds. But experts say there are also benefits for cognition.
Utah Jazz Must Let Darryn Peterson Feel the Pressure
Shielding Utah’s prized rookie from high-stakes moments only stunts his growth. To secure their future, the Jazz must force Darryn Peterson to embrace the game-deciding pressure now.
UCLA’s perfect start has one glaring flaw it must fix soon
Bob Chesney has made UCLA the second-half darlings of college football, but the Bruins must address their slow starts if they hope to reach the playoff.
South Texas Health System (@stxhealthsystem)
2 likes, 1 comments - stxhealthsystem on October 25, 2026: "One Last Chance to Think Pink: Breast cancer remains the most common cancer among women after skin cancer, making routine screenings and early detection more important than ever. Mammograms can help identify breast cancer before symptoms appear, when treatment options may be most effective. Last week, South Texas Health System McAllen celebrated breast health and preventive care with a special Mammo Monday event featuring the vibrant sounds of mariachi music at the hospital’s main entrance. The celebration reflected STHS' ongoing commitment to encouraging women to prioritize their health through regular screenings. Now, there’s one final Mammo Monday remaining! Join us at STHS ER Mission on October 26 from 8 a.m. to 5 p.m. for the last breast cancer event of 2026. During the event, attendees can: 🎀 Learn about breast cancer screening options 🎀 Schedule a mammogram appointment 🎀 Receive a complimentary goodie bag while supplies last To help make preventive care more accessible, South Texas Health System is also offering reduced self-pay rates* throughout October: • 2D Mammogram: $100 • 3D Mammogram: $155 • Bone Density Screening: $160 A screening today could make all the difference tomorrow. Make your health a priority and encourage the women you love to do the same. For breast health resources and information on the Think Pink campaign, visit the link in our bio. *If not already a covered benefit of your insurance.".
‘Wicker’ stars explain why women are ‘going slightly feral’ over Alexander Skarsgård’s character
‘Wicker’ stars Olivia Colman, Elizabeth Debicki explain why women are ‘going slightly feral’ over Alexander Skarsgård’s character in their new movie.
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.
Packers activate Josh Jacobs
Packers running back Josh Jacobs is set to make his first appearance of the 2026 season.
Annual 'Night at the Museum' brings spooky science to South Dakota Mines
The South Dakota Paleontology Club was collecting donations to help the Sternberg Museum of Natural History
A new study named Colorado Springs the top city for small business out of 100 metro areas ranked
BlueVine ranked 100 U.S. cities for small business momentum — and Colorado Springs came out on top. Here's what local owners say about the No. 1 title.
Voters angry about high prices may get little relief from the next Congress
Even if Democrats win control of Congress on Nov. 3, lawmakers can do little about prices that are uncomfortably high -- and will stay that way even as the rate of inflation is expected to slow.
Today’s Papers – Lazio fly high, Roma comeback, furious Allegri
La Gazzetta dello SportFantastic draw.Crazy 3-3 between Napoli and Roma. Allegri was sent off; it was a fury.Super hot headLazio, a night as queen: +3 Inter; catching up is on the tableMilan: Cardinal...
Opinion | Attempted Coups. Aging Left-Wing Incumbents. Which Country Are We Talking About?
The Brazilian echoes of American politics have become too eerie to deny.
Senate rivals seek support from Alaska Native voters
The major candidates in Alaska’s U.S. Senate race are both casting themselves as strong voices on Alaska Native issues as they seek support from the key constituency ahead of the Nov. 3 election
When a teen posts a selfie, how much filter is 'too much' filter?
The recent Meta settlement includes a clause banning "cosmetic procedure filters" for teens. But defining what constitutes an extreme makeover isn't easy.
Scientists Discovered an Amazing Practical Use For The World's Leftover Coffee Grounds
We shouldn't throw it out.
Volunteers help out with the Pumpkin House display; still time to get involved
The Kenova Pumpkin House, in Wayne County, West Virginia, invites volunteers to carve, sculpt and scoop any of the 3,000 pumpkins for the display, which is expected to be ready by Oct. 28, 2026.
READERS' CHOICE | Impact Realty Group makes its mark with Best Small Business win
A locally owned and operated real estate brokerage has been named Best Small Business in the 2026 Texarkana Gazette Readers' Choice Awards.
Iain Armitage says “Young Sheldon” cast drove each other ‘crazy’ while shooting season 3 opening credits
The ensemble would ‘drive each other nuts.’
Peoria businesses face dilemma at plaza owned by healthcare giant
The sale of MidTown Shopping Plaza to OSF HealthCare has left local business owners on edge. It has led to uncertainty, stalled investments and tenants bracing to start over elsewhere.
Green Bay-area high school sports results for Friday, Oct. 23
High school football, volleyball, cross-country and tennis teams were in action.
U.S. measles cases more than double what they were last year as outbreak spreads
Pennsylvania is the worst hit state, with at least 1,338 cases of measles confirmed in 44 counties so far this year, according to the Pennsylvania Department of Health.
State College Area Liquor Store Moving to New Location
A State College area liquor store will move a short distance to a new location early next year. The state-owned Fine Wine & Good Spirits store at 127
Independent candidates sense a moment in the West. Democrats are hoping they're right
As they look to win the Senate, Democrats are hoping that independent candidates in Nebraska and Montana can help them topple Republicans in a part of the country where their own brand is hurting.
Sportsbooks, Prediction Markets Set Records for Political Spending
Sportsbooks routed more than $80 million through a super PAC as the AGA and Kalshi stepped up lobbying in a fight over prediction markets.
Blanche defends DOJ lawsuit blocking Alaska Senate results if Republican loses
Attorney General Todd Blanche defended the Justice Department's suit over Alaska's Senate race in an interview on CNN.
Jay-Z burnishes his legend at SoFi Stadium
After earlier stadium shows in New York, London and Paris, the 56-year-old rap superstar touched down in Inglewood for a set overflowing with hits.
The most important things to do to stay healthy while traveling
An infectious-diseases doctor shares essential tips to prepare for any health issues while traveling in another country.
Huntington leaders hope to draw visitors in with $1M Thomas Dambo troll
Plans are in the works for the upcoming installation of a Thomas Dambo troll in Huntington, an outdoor art project bringing economic opportunities to the area.
FOR BUSINESS: Quick takes
— Thumbnail Faldowski JOINS STAFF: Sarah Faldowski has joined the staff at Cedar One Realty. She said a home is more than a place to live—it’s where everyday moments happen, and new adventures begin. She loves hiking, spending time in nature, and exploring new places, and she brings that same sense of excitement to helping […]
Jon Ossoff’s films exposed corruption. Then his colleague was murdered.
What the Georgia Democrat and potential presidential candidate learned about politics and going viral from his time making documentaries.
Friends and family of slain Fairfield business owner remember him and call for justice
Tara Sinchuri was shot and killed in his jewelry store on Tuesday during a robbery, according to police. The shooter remains on the run.
🚨 Maroan, Iván Azón: confirmed line-ups for Athletic-Getafe
Athletic Club, unbeaten at San Mamés in the league this season, host a Getafe side in turmoil following Bordalás's inflammatory comments and a clear crisis on the pitch. Here are the lineups for to...
The Ripple Effect: How Abortion Bans Threaten the Entire Healthcare Ecosystem
Abortion bans are disrupting access to medications, miscarriage care, fertility treatments and medical research.
“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...
Five new businesses coming to Hunt Valley Exchange, including Dunkin’ and indoor golf simulator
Five businesses are coming to Hunt Valley Exchange in northern Baltimore County, including a Dunkin’, indoor golf simulator studio, Indian restaurant and wine and spirits store.
Google gives Fitbit a major health upgrade with one catch
Some of its most advanced insights require a $9.99 subscription.
Obama, in Ohio, assails 'cruelty' from Trump in campaign
Former President Barack Obama has stepped into one of America's ugliest midterm fights as he works to rally Democratic voters in battleground Ohio.
He left the CDC to fight RFK Jr. But was it better to fight from within?
Demetre Daskalakis, CDC’s top immunization official, resigned in 2025 to protest Health Secretary Robert F. Kennedy Jr., then became one of his loudest critics.
UCLA Health expansion raises costs and concerns
UCLA Health has fast expanded its number of hospitals and number of clinics in recent years. Critics say the expansion is raising healthcare costs and question why it hasn’t included lower-income neighborhoods.
Trail Blazers Start Season 2-0 After Win Over Kings
A lethal 44-point third quarter propelled Portland past Sacramento, proving this deep roster can overcome defensive lapses and halftime deficits to remain perfect in the Western Conference.
Lakers’ Injury Report Rules Out Two Players for Jazz Game
Is Walker Kessler available in his return to Utah?
Review: 'Whalefall' a big fish tale thriller within a fraught father/son relationship
Movie reviewer Joshua Hill says 'Whalefall' combines a fraught father/son relationship with a suspenseful narrative featuring excellent sound design and imagery.
Iain Armitage says “Young Sheldon” cast drove each other ‘crazy’ while shooting season 3 opening credits
The ensemble would ‘drive each other nuts.’
Explosion, fire blast through Iowa Quaker Oats plant
An apparent explosion at the Quaker Oats plant in Cedar Rapids sent thick black smoke over downtown Iowa as firefighters battled the massive blaze.
Jay Glazer Shares Jalen Hurts Health Update, NFL And NFLPA Joint Investigation
On "FOX NFL Sunday," Jay Glazer shared the latest on Jalen Hurts' health and said that the NFL and NFLPA are doing a joint investigation.
Evander hits Messi-esque levels of production for FC Cincinnati
By Jaime UribarriIs Evander the best player in Major League Soccer not named Lionel Messi?FC Cincinnati’s All-Star Brazilian playmaker has looked the part throughout his MLS career and further stren...
How Argentina’s Folk Sounds Are Shaping a Generation’s Politics and National Pride
Milo J, Cazzu, and more stars are embracing music and traditions of the Argentine countryside, staving off pop homogenization and sharing their history with the world
Building bridges that lift us above hate
When Mohammed Al Samawi was growing up in Yemen, the son of a pair of middle-class doctors, teachers taught him that Jews and Christians were enemies destined for hell. “We were trained as children to hate,” he told an audience of some 450 at an antisemitism conference in Denver last week. Like many of his […]
Denver Film declares John Cho an outlaw
Dispatch from the Denver Film Festival: Evolving comic actor John Cho accepts award and talks about his sinister turn as a cult leader ... Local filmmakers make the case for stronger Colorado film incentives. That and more.
Politics Unplugged Podcast: Election countdown with Laura Gersony
With Election Day nearing, Arizona’s congressional races are drawing national attention. Arizona Republic reporter Laura Gersony joins Politics Unplugged to break down the high-stakes fights in AZ-01 and AZ-06, where the House majority could be on the line. The conversation examines whether Republican candidates can separate themselves from President Donald Trump as affordability concerns and negative ads dominate the closing days. The episode also looks at outside spending, Elon Musk-backed turnout efforts and the unexpectedly competitive race involving Rep. Eli Crane in northern Arizona. Plus, Dennis Welch and Colin Stanton discuss Arizona’s statewide races, polling, campaign cash and the Valley’s rough sports week.
Looking for wedding or other special occasion flowers? New florist in Folsom can help
The floral shop will welcome customers at the Folsom Palladio shopping plaza next month, according to its owner.
Politics Unplugged Podcast: Election countdown with Laura Gersony
With Election Day nearing, Arizona’s congressional races are drawing national attention. Arizona Republic reporter Laura Gersony joins Politics Unplugged to break down the high-stakes fights in AZ-01 and AZ-06, where the House majority could be on the line. The conversation examines whether Republican candidates can separate themselves from President Donald Trump as affordability concerns and negative ads dominate the closing days. The episode also looks at outside spending, Elon Musk-backed turnout efforts and the unexpectedly competitive race involving Rep. Eli Crane in northern Arizona. Plus, Dennis Welch and Colin Stanton discuss Arizona’s statewide races, polling, campaign cash and the Valley’s rough sports week.
Nevada's Republican governor fights to survive Trump undertow
Joe Lombardo is no MAGA warrior, but his Democratic opponent ties him to the president at every opportunity. Lombardo hopes Nevada voters judge him on his performance, not Trump's.
Kristen Bell’s daughter takes ‘sneaky photos’ of Dax Shepard when actress is out of town: ‘I have a mole on the ground’
Kristen Bell says eldest daughter takes ‘sneaky photos’ of Dax Shepard when actress is out of town: ‘I have a mole on the ground’
What will author Jeff Kinney’s Cedar Rapids show be like?
“Readers and families can expect the unexpected,” the “Diary of a Wimpy Kid” author told The Gazette. “This will be nothing like any other event they've been to before.”
After Fighting in Gaza and Battling PTSD, Shahar Varon Seeks a Voice In Israel's Mental Health Future
Soldiers and others suffering from post-traumatic stress disorder […]
On Christ the King and the idolatry of politics
Editor’s note: This homily was preached on the feast of Christ the King (Extraordinary Form), October 25, 2026, at the Church of the Holy Innocents, New York City. In the calendar of the Usus Antiquior, […]
Stevie Wonder sues to evict reported ex-fiancée from L.A. property
Stevie Wonder is taking legal action against a reported ex-fiancée, seeking to evict the woman after she has allegedly lived more than 30 years rent-free at the singer's Hollywood property.
Final Screen Tests for Next James Bond Under Way in London
Screen tests for the next James Bond have begun in London. Jack Lowden and Callum Turner lead the field, while Amazon MGM Studios says…
Suns' Collin Gillespie describes adjustment to offseason workouts
Collin Gillespie played in 21 minutes off the bench in the Phoenix Suns loss to the Portland Trail Blazers in their opening game.
Unleashed Potential: Lantana sisters build growing dog treat business - Cross Timbers Gazette | Southern Denton County | Flower Mound
Alexis and Aubrey Gray are pretty proud of themselves. Over the past five years, the entrepreneurial-minded sisters, who are 15 and 12, respectively, have built a successful business selling homemade dog treats and snuffle mats to neighbors and even a handful of retailers. They’ve been invited to markets and trade shows, caught the attention of […]
State plans Central Maine Healthcare hearing as concerns over Prime grow
A Lewiston lawmaker said changes at CMMC pose a ‘clear and present danger’ to patients and break promises made by Prime to the state.
Four injured after car crashes into Hendersonville business, officers say
Four people were taken to a hospital after a car crashed into a business Saturday morning, police said.
Open Thread World Series Game One
We get game one of the World Series tonight. I guess I’m sort of cheering for the Brewers but really it doesn’t matter. But in games three and four, Ernie Clement will be ‘providing player-first coverage’, which should be fun. Lineups: Today’s Lineups RAYS BREWERS Yandy Diaz – DH Jackson Chourio – LF Jonathan Aranda […]
CSUB business enrollment jumps nearly 25% as college builds pathways to Kern County careers
CSUB's College of Business and Public Administration says enrollment has grown nearly 25% in three years as the college expands community outreach, regional programs and connections with local employers.
Blazers' Portland Future Gets Messy as Arena Deadline Closes In
A billion-dollar maintenance dispute and conflicting lease demands jeopardize a massive Moda Center renovation, leaving the franchise’s long-term stability in doubt as a critical state funding deadline looms.
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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