Briefings, Updates, & Analysis

This quarter's news from an NBC exec taking on a new leadership role, to a legendary athlete joining LA

A French Victory at the 2018 FIFA World Cup

The French team celebrating their 2018 FIFA World Cup Victory

In an edge-of-your-seat victory, France overcame Croatia to win this year’s World Cup, 4–2, on Sunday, July 15, at a sold-out Luzhniki Stadium in Moscow, Russia. A penalty-kick goal was scored following the first-ever video review in the final game, and more tense moments, including an own goal, kept worldwide game-watchers riveted to their screens. When it was over, France had won the highest-scoring final since 1966 and picked up its second World Cup in 20 years. Best to stay tuned to France for more World Cup wins: Kylian Mbappe, named the tournament’s best young player, is only 19, and six of 11 of France’s starting players in the winning game are younger than 26 years old.


Marvel Cracks the Top 10 Highest Grossing Movies List Once Again, Twice

Claiming four of the 10 spots, cinematic behemoth Marvel Studios has blasted its way once again onto the highest-grossing movies list, nabbing the ninth spot with critically acclaimed Black Panther and landing the fifth spot with the decade-in-the-making Avengers: Infinity Wars. They both trail Jurassic World and Star Wars: The Force Awakens, which are also relative newcomers. However, these box office boomers still cannot penetrate the second or first slots. These two belong to Titanic (1997) and Avatar (2009), respectively. Black Panther, featuring a minority cast, brought in $1.34B, while Avengers: Infinity Wars intertwined the entire Marvel (Disney Studios) cinematic universe to the fine tune of $1.5B.


Comedian Byron Allen Acquires the Weather Channel Network

Nadine Watt with Byron Allen at the 2017 CSQ Summit

The head of Entertainment Studios has added another network to his growing TV and film portfolio, this time with cable’s Weather Channel. The acquisition comes with a $300M price tag, a considerably smaller amount than the $3.5B paid by Comcast and private equity giants Blackstone and Bain in 2008. The Weather Channel is a household name that has been a well-known brand since its inception in 1982. Allen announced his excitement over the acquisition in March as part of a plan for further strategic investing.


NBC Executive Named Head of Amazon Studios

Jennifer Salke, formerly entertainment president at NBC, has stepped in as head of streaming services studio leader Amazon. With her vast experience, impressive track record, and passion for the industry, Salke’s additon is warmly welcome, as CEO Jeff Bezos hopes to make the shift to mainstream content. As a previous network executive, Salke has much experience in the mainstream realm, a suitable skill for Amazon’s new direction. She will be leading and overseeing the scripted series and future film projects for the studio.


LeBron James Will Now Be Dunking for LA

The famed basketball star alongside previous Lakers legends

On Sunday, July 1, Los Angeles was overjoyed by the news that another NBA legend will be joining the purple and gold as LeBron James, formerly of the Cleveland Cavaliers and the Miami Heat, starts a new chapter of his basketball career on the sunny West Coast. The three-time NBA champion signed a four-year deal with the Los Angeles Lakers for a very pretty penny—$153.3M to be exact. James leaves the Cavaliers dominating in almost every major statistical category: games played, points, rebounds, assists, and more. Former leader of the Lakers, Kobe Bryant, warmly welcomed James, while the rest of Twitter rightly went insane. James arrives at a highly pivotal time for the storied franchise, as it seeks to cinch another national championship after a dismal last season. With James, that dream may well come true.

LeBron’s Salary Breakdown

4 Seasons
$154,000,000

1 Season
$38,500,000

1 Game
$469,512

1 Quarter
$117,378

1 Minute
$9,781

1 Second
$163