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CNBC’s Jim Cramer: Disney’s Purchase of Fox ‘One of the Worst’ Ever Seen

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CNBC’s Jim Cramer fired off some early morning tweets Thursday describing Disney’s purchase and takeover of Fox, before going on Squawk Box and calling the acquisition “the worst he’s ever seen”.

Cramer tweeted analysts still viewing Disney could do well in a slowdown were “out of touch” before saying it wasn’t Disney CEO Bob Chapek’s decision to “wreck the balance sheet of the company”. He later joked “Anyone been to the Netflix theme park lately? The Squid Game ride is to die for”.

During his “Cramer’s First Take” appearance on Squawk Box, Cramer didn’t hold back his criticism of former CEO Bob Iger and current analysts.

“Are you arguing against the Fox acquisition? Is that what you’re saying? You think that was a mistake?”, Andrew Ross Sorkin asked.

“Oh, I’m saying it was one of the worst acquisitions I’ve ever seen, not a mistake,” the Mad Money host said. “They just got had. It’s ok. Sometimes you just get had.”

Shannon Bream Named ‘Fox News Sunday’ Host

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Shannon Bream will be the new host of Fox News Sunday, the network announced Thursday.

Bream will replace Chris Wallace after the longtime host left the network to join CNN in December.

“Shannon is an outstanding journalist, reporter and anchor who has cultivated a strong and enduring relationship with the Fox News Media audience,” Fox News Media CEO Suzanne Scott said in a statement.

After joining Fox News in 2007 as Chief Legal Correspondent, Bream also worked as a contributor on the network’s election coverage. She has hosted Fox News @ Night since 2017.

“It has been an honor to cover major news throughout Washington over the last 15 years at Fox News,” Bream said. “I am extremely grateful for the opportunity to host a Sunday show and look forward to this new role.”

Bream, a New York Times bestselling author, will begin hosting on Sunday, September 11th.

Angelo Cataldi: Pete Rose, Keith Hernandez ‘Made Complete Asses Of Themselves’

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A pair of recent media missteps by Pete Rose and Keith Hernandez caught the attention of WIP’s Angelo Cataldi.

“We always love to tell people that ‘Man, back in the day those guys were so much smarter and classier’ and all this stuff. And now we’ve got two guys from the era of the 1970s and 80s who made complete asses out of themselves.

“Every once in awhile they bring somebody into the booth. They know before they put him in the booth with the regular announcer whether the guy’s a smacked ass, don’t they? Do you have any idea what NBC Sports was thinking? Because we all give way more credit to previous generations for being way better representatives of humanity.”

Cataldi then played a clip of Rose at a press conference being asked about his past sexual encounters with a woman who claims she was 14 during the acts with Rose, who contends she was 16. Rose told the reporter “it was 55 years ago, babe”.

“Hold on, we have to stop there. Sorry to cut this short, we’re putting him in the booth in front of a live mic for an inning,” Cataldi joked. “He was so bad in the inning, when NBC Sports Philadelphia did the replay, there was no sixth inning. They just removed the entire inning. These old time guys, they’re way overrated.”

Cataldi, who recently joined the Phillies radio booth for an inning, then turned his attention to SNY’s Keith Hernandez, who recently said he didn’t want to do games in Philadelphia any longer due to the Phillies lack of fundamentals and defense.

“This jackass comes out and talks about how he doesn’t wanna do the Phillies games because they don’t play the game the right way?”

Jon Jastremski, who was a guest on the show and also works at SNY, told Cataldi “that was just Keith being Keith”.

“Keith being Keith is fine, but it’s not like he had a pure record of his own as a player,” Cataldi argued as his volume began to rise. “Don’t be doing that stuff about players doing things the right way with your past. He’s got his own problems. He’s going to St. Louis to be honored and he was suspended for a year for copious use of cocaine. Jon Jastremski! Don’t be putting the higher ground when you’re Keith Hernandez when you’ve got your own problems!”

Seattle Sports 710 Back On Air After Lightning Strike Takes Out Tower

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Sports fans in Seattle can once again find sports talk on 710 AM. The over-the-air signal of Bonneville’s Seattle Sports 710 was silent for a while after lightning hit the station’s broadcast tower.

Storms rolled through the Puget Sound on Wednesday. Between Tuesday night and Wednesday afternoon, the National Forest Service reported 250 lightning strikes in the area.

The social media accounts for Seattle Sports 710 began making listeners aware of the issues with the 710 AM signal on Wednesday morning. Talent continued their shows streamed on SeattleSports.com and on the station’s app.

Residents of the area are certainly happy to see the weather pass. Tacoma and West Seattle were hit the hardest. Tacoma Public Utilities reported more than 9500 residents were without power at one point.

Fox Charging $250,000 For Field of Dreams Game Ads

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For the second consecutive year, Major League Baseball is playing a regular season game at the Field of Dreams movie site in Dyersville, Iowa. And the 2022 edition has proved to be a lucrative one for Fox.

John Ourand of Sports Business Journal reports Fox has secured more revenue for this year’s game between the Chicago Cubs and Cincinnati Reds than any other regular season game on the network. Ourand also revealed commercials sold for $250,000 each.

The revelation from Ourand comes a day after Fox CEO Lachlan Murdoch said the network was planning “record pricing” for its upcoming Super Bowl in February of 2023. NBC sold commercials for $7 million during Super Bowl LVI.

Also, per a report from the Des Moines Register, the game will not be held in 2023, as the site develops a complex for youth baseball and softball fields. Baseball Hall of Famer Frank Thomas is part of the ownership group of the site and said “It’s a lot going on. They don’t want to come back if the stadium’s not prepared.”

Air Force, Learfield Extend Deal With KVOR/XTRA Sports 1300

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Air Force Academy Football, Men’s and Women’s Basketball, and Hockey games will continue to be heard on Cumulus stations KVOR and XTRA Sports 1300 in Colorado Springs for years to come.

A new agreement between Air Force, Learfield, and Cumulus extends an already 40 year partnership between the Academy and stations.

Air Force football and men’s basketball games will continue to be heard on KVOR-AM, while hockey and women’s basketball games will air on XTRA Sports 1300.

“It’s an honor, once again, to extend our partnership with Air Force Athletics and Learfield,” Cumulus Colorado Springs Vice President and Market Manager Scott Jones said. “These broadcasts of Falcons’ sports are extremely important to us at Cumulus, to our listeners and to the entire community. We’re committed to putting a first-class broadcast on the air to match the product the Falcons put on the field, court and ice.”

Jim Arthur will continue as the play-by-play voice of Air Force football and men’s basketball on KVOR, while Ryan Kaufman will announce women’s basketball.

The two stations will also broadcast coaches shows for football, men’s basketball, and hockey.

Disney CEO Bob Chapek: ESPN Viewers Under 30 ‘Absolutely Require’ Betting Content

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Disney CEO Bob Chapek alluded to an upcoming partnership with a sportsbook during a second-quarter earnings call.

“Our sports fans that are under 30 absolutely require this type of (sports betting) utility,” Chapek said. 

Disney reported a revenue increase of 26% year-over-year, bringing in $21.5 billion in the quarter. ESPN+ now features 22.8 million subscribers, while Disney+ is at 152.1 million. Hulu, which Disney owns 67% of, now has 46.2 million subscribers.

Also during the call, Chapek discussed what a direct-to-consumer future looks like for ESPN, saying “we’ve negotiated flexibility into our new rights agreements”.

ESPN has continued to invest in the sports betting space, offering shows like Daily Wager, while also announcing the addition of sports betting expert Liz Loza earlier this week.

WIBC’s Eric Berman Departs

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According to the Indianapolis Business Journal, eight Emmis Corp. employees in the Indianapolis cluster were terminated yesterday in advance of the company’s sale to Urban One.

WIBC reporter Eric Berman confirmed he was one of the eight employees dismissed, tweeting “Some personal news: this morning my tenure at WIBC came to an end. For 28 years, it has been my privilege to bring you fair and detailed coverage of news affecting Hoosiers’ lives, and I hope you’ll stick around for whatever comes next.”

Berman was the only on-air employee affected by the cutbacks.

Emmis said in a statement “Today, Emmis notified eight individuals that their positions have been eliminated. Impacted individuals are being provided severance and offered insurance coverage. These are difficult days, and we wish them nothing but success.”

Urban One is expected to complete their purchase of the Emmis Indianapolis stations by the end of the month.

Katie Pavlich Hosting New Series on Fox Nation

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Fox News contributor Katie Pavlich will host a new series on the network’s streaming platform, “Luxury Hunting Lodges of America.”

Recently featured in a Barrett News Media column, Pavlich tours a 20,000-acre property in Louisiana wetlands at the Honey Brake Lodge. According to a news release, Pavlich took the opportunity to hunt for gators.

“There are more gators swimming around here than I have ever seen in my life, but we’re looking for one sunning itself on the bank,” Pavlich said. “This way, we can confirm its size and ensure a lethal shot, and finally, after a long day of searching, we found the one.”

CEO of Honey Brake Lodge Drew Keeth appears in the series with Pavlich. The lodge features 13,000 square feet, which is spread over three levels. The lodge typically hosts up to 1,500 hunters per year.

 “We’re trying to let as many people as possible see it and experience it,” said Keeth.

 “Luxury Hunting Lodges of America” is streaming now on Fox Nation.

Erick Erickson: Media to Blame for America’s Division

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Atlanta-based talk show host Erick Erickson said America is divided, and the media is to blame. 

Erickson told his national audience Wednesday that the endless charade of mistakes in reporting about former President Donald Trump has spelled disaster for the mainstream media. 

“Nobody believes the press; they’ve discredited themselves,” Erickson said. “We are beyond the beginning of the end for people taking the press seriously. The elite in this country who occupy powers and positions of influence and seats in the media are to blame.” 

Erickson’s rant inspired this week’s FBI raid on Trump’s Mar-a-Lago mansion. Trump, who was not home then, has insisted that he be caught in the crosshairs of a political witch-hunt from President Joe Biden’s Department of Justice (DOJ). 

“Maybe they (FBI) are just going to keep going after him until they find a way to get him (Trump). There were 76-78 million people who supported Donald Trump in his last election, and yet the media treats them like pariahs,” he said. 

Erick Erickson hosts the “Erick Erickson Show” live every weekday from 12 p.m. to 3 p.m. ET. You can learn more about him by clicking this link.