The No. 1 Crypto of 2024 (Trading for Less Than 10 Cents)

25X Predicted For THIS Crypto -- Starting on June 24th, this tiny 3-cent crypto just partnered with one of the biggest companies in the world... Amazon. And one team of crypto experts has identified it as the most promising crypto of 2024. You can see all of the details surrounding the No. 1 Crypto of 2024 here.

Judge overseeing NFL 'Sunday Ticket' trial voices frustrations over the case

JOE REEDY
June 18, 2024

LOS ANGELES (AP) -- The federal judge presiding over the class-action lawsuit filed by "Sunday Ticket" subscribers against the NFL voiced frustrations Tuesday with the way the plaintiffs' attorneys have handled their side of the case.

Before Dallas Cowboys owner Jerry Jones took the stand Tuesday for a second day of testimony, U.S. District Judge Philip Gutierrez said the premise of the case was simple -- who wouldn't see the frustration of a Seattle Seahawks fan living in Los Angeles not being able to see their favorite team without buying a subscription for all the Sunday afternoon out-of-market games.

"The way you have tried this case is far from simple," Gutierrez told attorneys representing the subscribers. "This case has turned into 25 hours of depositions and gobbledygook. ... This case has gone in a direction it shouldn't have gone."

The class-action, which covers 2.4 million residential subscribers and 48,000 businesses who paid for the package of out-of-market games from the 2011 through 2022 seasons, claims the league broke antitrust laws by selling its package of Sunday games aired on CBS and Fox at an inflated price. The subscribers also say the league restricted competition by offering "Sunday Ticket" only on a satellite provider.

The NFL maintains it has the right to sell "Sunday Ticket" under its antitrust exemption for broadcasting. The plaintiffs say that only covers over-the-air broadcasts and not pay TV.

If the NFL is found liable, a jury could award $7 billion in damages, but that number could balloon to $21 billion because antitrust cases can triple damages.

Tuesday was not the first time Gutierrez has expressed frustration with the plaintiffs' side. On Monday, he admonished their attorneys for repeatedly describing past testimony, which he considered a waste of time.

Before Jones resumed his testimony, Gutierrez expressed doubts about plaintiffs' attorneys citing Jerry Jones' lawsuit against the NFL in 1995, which challenged the league's licensing and sponsorship procedures.

"I don't know what you are doing, but marketing is not media," Gutierrez said.

Later in his testimony, Jones said he sued the NFL because the league sued him. Both sides eventually settled out of court.

Jones' filing against the NFL in 1994 said he supported the league's model for negotiating television contracts and the revenue-sharing agreements in place.

When asked Tuesday if teams should be able to sell their out-of-market television rights, Jones said no because "it would undermine the free TV model we have now."

Retired CBS Sports chairman Sean McManus also testified, reiterating during his testimony that he was a not fan of "Sunday Ticket" or the NFL's Red Zone channel because he believes it infringes on the exclusivity CBS has in local markets.

CBS and Fox both requested in negotiations that "Sunday Ticket" be sold as a premium package. DirecTV, and not the NFL, set the prices during the class-action period.

The league has language in television contracts with CBS and Fox that the "resale packages (Sunday Ticket) are to be marketed as premium products for avid league fans that satisfy complementary demand to the offering of in-market games."

There is additional language that prohibits the selling of individual games on a pay-per-view basis.

The NFL received a rights fee from DirecTV for the package from 1994 through 2022. Google's YouTube TV acquired "Sunday Ticket" rights for seven seasons, beginning last year.

Jamie Dyckes, a DirecTV marketing official, said during a deposition that MLB, the NBA and the NHL had a suggested retail price for their out-of-market packages and that there was revenue sharing between the leagues and the carriers, since their packages were distributed on multiple platforms.

Testimony will continue Thursday, with closing statements scheduled early next week. Gutierrez said he would consider invoking a rule where the court can find that a jury does not have sufficient evidence to rule for a party in a case.

"I'm struggling with the plaintiffs' case," he said.

___

AP NFL: https://apnews.com/hub/nfl

Continue Reading...

Popular

8 Large Cap Stocks That Outperformed Nvidia Over The Past Year

Nvidia surged 217.58% over the past year, 173.78% year-to-date. Here are eight large-cap stocks that outperformed it this past year.

Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound -- Swoops Into Buy Stock Of This Netflix Rival

On Tuesday, June 25, 2024, Cathie Wood-led Ark Invest made significant trades in NVIDIA Corp (NASDAQ:NVDA) and Roku Inc (NASDAQ:ROKU), amidst considerable market volatility.

Something BIG's About to Happen in America - Ad

The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.

XPeng's Flying Car Takes Off In China, Aims For Commercialization By End Of The Year

China's XPeng Inc. successfully showed off its flying car, the X2, at a trade fair, signaling a push towards commercialization in the low-altitude economy.

Top 3 Materials Stocks That May Explode In Q2

Here's the latest list of major oversold players in this sector, having an RSI near or below 30.

The Presidential Candidate You Should Really Be Worried About - Ad

Most Americans are overlooking the seemingly impossible candidate that should worry you. It's not Biden... Trump... Newsom... or even Michelle. It's someone even worse. New evidence of a secret plan indicates he could soon return, and finish what he started.

Congressional Budget Office raises this year’s federal budget deficit projection by $400 billion

WASHINGTON (AP) — The Congressional Budget Office said Tuesday that it projects this year’s federal budget deficit to be $400 billion higher, a 27% increase compared to its .

Blundering Biden OUT As Dem Nominee? - Ad

Biden's days are numbered! According to a former CIA and Pentagon insider... Biden's about to drop out of the presidential race by August 19! He also reveals Biden's replacement candidate... A guy the Democrats think could actually beat Trump in November.

The 'AI Big 10': 10 AI Stocks Now Comprise 28% Of S&P 500, Up From 14% In 2023

SPDR S&P 500 ETF has risen 30% in 8 months, thanks to AI stocks taking up large part of index. NVIDIA's success accounts for half of S&P 500's growth.

Verizon, AT&T, And T-Mobile Set For Gains, Goldman Sachs Cites AI and Data Center Demand

Goldman Sachs analyst James Schneider initiates coverage on US Telecom Services and infrastructure sector, constructive on wireless carriers and data centers.

The World's First Trillion Dollar Drug - Ad

By 2030, Wall Street experts predict it could generate more revenue than the top 10 best-selling drugs... combined. Early investors stand to reap tremendous rewards as its growth surges 75,000% by 2030. Former hedge fund manager Ian King predicts this could become the world's first trillion-dollar drug. And he's recommending 3 little-known stocks to play this fast-moving trend.

Elon Musk Responds To Vivek Ramaswamy As To Who's Running The Country After Trump-Biden Debate: 'Maybe Nobody'

Tesla Inc. CEO Elon Musk gave a cryptic response to a comment from former GOP candidate Vivek Ramaswamy about who's actually running the country.

Ralph Lauren goes with basic blue jeans for Team USA's opening Olympic ceremony uniforms

NEW YORK (AP) — When walks with the world’s athletes at the they’ll be doing so in snappy tailored navy blazers from Ralph Lauren — and blue jeans.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

UBS Sells Stake In China Joint Venture To Comply with Local Regulations: Report

UBS selling partial stake in securities joint venture to BSAM in China, consolidating operations, CEO says it's optimal move for compliance.

Stocks Show Modest Gains Ahead Of Fed's Inflation Report; Chipmakers Struggle, While Gold And Bitcoin Rebound: What's Driving Markets Thursday?

Wall Street experienced a subdued trading day on Thursday, as traders likely chose to remain on the sidelines in anticipation of Friday’s release of the Federal Reserve’s preferred inflation gauge.

Nagging Feeling That Something Is Off in America? - Ad

The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.

Australian PM Slams Meta As Arrogant And Irresponsible, Urges Payment To News Outlets: 'They Should Fulfill The Commitments That They Had Previously Given'

Australian Prime Minister Anthony Albanese criticized Meta Platforms Inc. for its arrogant behavior and urged the company to continue paying local media organizations for their content, emphasizing its social responsibility.

Thailand has tried for years to solve its pollution problem. But 'haze season' always comes back

SAMOENG, Thailand (AP) — When the haze season comes, village chief Nanthawat Tiengtrongsakun and his tribesmen start preparing the land for fire.

Discover "U.S.'s New Money" Before Biden Wins - Ad

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

$65.6M Equity Offering Led By Good Day Farm Signals M&A Activity - What's The Big Picture?

Executives and investors linked to Good Day Farm, a prominent marijuana multistate operator (MSO), are engaging in a significant financial maneuver with plans to raise $65.6 million.

Trump Is Raising Enough Money To Wipe Out Biden's Once Significant Cash Advantage

The campaign of former President Donald Trump has seen a significant increase in donations, surpassing that of President Joe Biden, following Trump's felony conviction.

Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad

Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.

Akio Toyoda, grandson of Toyota founder, wins shareholders' approval to stay in leadership

TOKYO (AP) — Toyota shareholders voted Tuesday , grandson of the Japanese automaker’s founder, as chairman on the board.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Solana's 9% Gain Means It Will Be 'The Fastest Horse If Risk-On Sentiment Returns,' Says Trader

The Solana (CRYPTO: SOL) ETF application by VanEck has sparked a 9% rally on Thursday, with traders debating whether more upside is to come.

What Is Nvidia's New $1 Trillion Superproject? - Ad

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

'Hamster' crypto craze has taken Iran. It highlights economic malaise ahead of presidential election

DUBAI, United Arab Emirates (AP) — Cab drivers and bikers tap away furiously on their mobile phones as they wait at red lights in the Iranian capital during an early June heatwave. Some pedestrians in Tehran are doing the same. They all believe they could get rich.

ChatGPT-Maker OpenAI To Restrict Access To AI Tools In China Amid Rising Tensions: Report

While the exact reason behind OpenAI's decision is not known, it coincides with mounting pressure from the U.S. government to curb China's access to advanced AI technology.

Get This Bitcoin ETF Before July 29 (18%+ Dividend Yield Up for Grabs) - Ad

A massive Bitcoin dividend was just announced... And if you act today, you'll receive $2.05 per SHARE. That's 161% BIGGER than the highest-yielding dividend aristocrats... But you have to get in before the July 29 cutoff date.

Jim Cramer Has A Market Strategy: Interest Rates Up, Buy Mag 7; Rates Down, Buy Everything

Jim Cramer, the host of CNBC's "Mad Money," has advised investors to consider buying the 'MAG 7' stocks when interest rates rise and to buy everything when rates fall.

Boeing's CEO is scheduled to field questions about plane safety from U.S. senators

U.S. lawmakers are expected to press Tuesday about the company's latest plan to fix its manufacturing problems, and relatives of people who died in two crashes of Boeing 737 Max jetliners plan to be in the room, watching him.

Big Tech Is Spending Billions Each Month on This AI Superproject - Ad

Big Tech is committing billions each month to the construction of these AI mega data centers. This is where Nvidia, comes in. It's quietly leaning on a set of what we call Silent Partners to get the job done. These companies could benefit greatly from this next wave of the AI boom.

Snapchat Inc. to pay $15 million to settle discrimination and harassment lawsuit in California

SAN FRANCISCO (AP) — Snapchat Inc. will pay $15 million to settle a lawsuit brought by California’s civil rights agency that claimed the company discriminated against female employees, failed to prevent workplace sexual harassment and retaliated against women who complained.

What's Going On With Ocean Power Technologies Stock After Hours?

Ocean Power Technologies said it signed an Original Equipment Manufacturer agreement with Teledyne Marine, a division of Teledyne Technologies in an effort to  to enhance Ocean Power's product offerings and drive innovation within the industry.

The Election Shock Nobody Expected... (But You'll See it Coming) - Ad

It comes down to just 9 words... Nine simple words which when spoken, will determine the outcome of the 2024 election... These words have nothing to do with Trump, the economy, or what's happening in Ukraine, China or Israel. This is the scandal that isn't being reported (yet.) But my political operatives tracked down this story.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service