Here comes another one.
NBC will be starting its own streaming service, set to launch in the first quarter of 2020, the company announced Monday. It's just the latest network/theme park conglomerate/online bookseller to jump into the ever-growing field of streaming services out there.
Since the Netflix boom first took hold, Amazon, Disney, CBS, and dozens of smaller names have tried to break into the world of streaming. They've pumped out original content to attract new subscribers, added live TV to present an alternative to cable, and paid exorbitant amounts of money to keep one fan-favorite show.
NBC's service presents a twist to that option, offering ad-supported streaming to paying cable customers for free. That's because the company wants to attract a sizable base of subscribers right as it launches, sources tell CNBC. Non-cable subscribers can pay around $12 per month for access to 1,500 hours of NBC TV shows. But first, the company will have to ensure existing cable companies — including competitors to its parent company Comcast — are on board.
Adding to NBC's original TV programs, the streaming service also intends to produce content tied to the 2020 Summer Olympics that debuts as the service launches. NBC has already stripped some of its top shows from Netflix, but "does not plan on aggressively pulling back shows and movies it has licensed to other streaming services," CNBC reports. Kathryn Krawczyk
Tucker Carlson was right: House Minority Leader Kevin McCarthy (R-Calif.) is living in the Washington, D.C., penthouse of Republican pollster and messaging maven Frank Luntz, and it does sound like a pretty sweet deal. Carlson was tipped off to the roommate arrangement, and McCarthy confirmed it Tuesday, telling Fox & Friends he has "rented a room from Frank for a couple of months, but don't worry, I'm back to — going back to where I normally am, on my couch in my office. But, yes, we pay fair market rate"
Washington Post fact-checker Glenn Kessler looked into Luntz's apartment, and it's actually a 7,000-square-foot, 12-bedroom, 16-bathroom amalgamation of 4 three-story penthouses Luntz purchased for nearly $4.3 million in August and September 2018 and merged in November 2019. The homeowner's association fees on the four units is $4,976 a month, Kessler calculates, citing Redfin.
Neither McCarthy nor Luntz responded to the Post's request for comment, but a McCarthy spokesman told the Daily Wire the minority leader "calculated the fair market value amount at $1,500/month" to rent an "approximately" 400-square-foot room in Luntz's penthouse. Kessler's Apartments.com search found that a comparable studio or one-bedroom would run about $5,000 a month. Regardless, he writes, "besides the 'room' he rented, McCarthy would have had access to a 24/7 concierge, a rooftop pool, a fitness center, a media room, a business center, and a party room with a bar and pool table."
"This is quite a deal, especially considering that Luntz has talked about how he's on the road all the time," Politico muses. "Imagine paying $1,500 a month for what is essentially a mansion carved into a high-rise? It's good to be the minority leader!"
Carlson was less amused by the "sleazy and corrupt" arrangement. "Kevin McCarthy promises Republicans he shares their values" and "will fight for them against permanent Washington, the forces that would like to destroy their lives," he said. "And at the end of the day, Kevin McCarthy goes home to Frank Luntz's apartment in Penn Quarter and laughs about it." Peter Weber
Early data indicates Moderna's COVID-19 vaccine is highly effective in adolescents between the ages of 12 and 17, the company says.
Moderna released this data on Thursday along with its first-quarter earnings, CNBC reported. An initial analysis of a study of its COVID-19 vaccine in adolescents between 12 and 17 years old "showed a vaccine efficacy rate of 96 percent," the company said. The vaccine was also "generally well tolerated," and the "majority of adverse events were mild or moderate in severity." Like Pfizer, Moderna also said Thursday it plans to apply for full FDA approval of the vaccine this month.
The Food and Drug Administration is reportedly on the verge of authorizing the Pfizer-BioNTech COVID-19 vaccine for children between 12 and 15 years old, allowing the vaccine to expand to this key age group ahead of the next school year. In March, Pfizer said a trial showed its vaccine was 100 percent effective in adolescents aged 12 to 15, demonstrating "robust antibody responses." President Biden earlier this week said his administration's COVID-19 vaccination efforts are set to enter a "new phase," which includes vaccinating kids between 12 and 15 pending FDA approval of the Pfizer vaccine.
Meanwhile, Pfizer has also said it expects to seek authorization of its vaccine for kids between 2 and 11 this September, and Moderna says a phase 2 study of its vaccine in children 6 months to 11 years old is ongoing. Brendan Morrow
The Texas Senate on Wednesday voted to allow most Texans to carry handguns without any sort of permit or training, sending the legislation to a conference committee with the House, which already passed a similar measure. Gov. Greg Abbott (R) said last week he will sign the bill. The Senate passed permitless carry on a party-line 18-13 vote, "less than a week after it sailed out of a committee created to specifically to tackle the legislation," The Texas Tribune reports. Every Republican voted for it, but several voiced concerns about the legislation during debate.
The legislation, considered too fringe during previous legislative sessions, faced opposition from law enforcement groups, firearms instructors, and Democrats. Currently, Texans must undergo four to six hours of training, pass a written exam and shooting proficiency test, and get fingerprinted to carry a handgun.
State Sen. Charles Schwertner (R), who sponsored the bill in the Senate, argued that gun safety is a personal responsibility. "The obligation on the part of the citizen who owns a potentially dangerous weapon to understand gun laws, to become proficient in their handling of their gun, is not absolved," he said. One Republican who showed up to vote for unlicensed carry despite injuries from a car accident collapsed on the Senate floor during debate.
Texans oppose unlicensed carry, 59 percent to 34 percent, according to a University of Texas/Texas Tribune poll from April. When asked, 46 percent of Texans would make gun laws stricter while 30 percent would leave them untouched and 20 percent would loosen them further, the poll found. Three-quarters favor requiring criminal and mental background checks before all gun sales.
"A lot of the [legislative] agenda right now seems at odds with public opinion," said James Henson, co-director of UT/Texas Tribune poll. "Guns is the best example" of Republican lawmakers chasing policies that "come from the most conservative wing of the majority party," he added. "But this is also notable on the abortion questions." Peter Weber
Reporters in Georgetown, Kentucky, asked Senate Minority Leader Mitch McConnell (R-Ky.) on Wednesday about House Republicans rushing to oust Rep. Liz Cheney (R-Wyo.) from her leadership position due to her clashes with former President Donald Trump about the validity of the 2020 election. McConnell sidestepped the question. "One hundred percent of my focus is on stopping this new administration," he said, referring to President Biden's policies as "socialist."
McConnell repeated the line when the same reporter asked if he is concerned that a sizable portion of the Republican Party says they believe Trump's lie that he actually won. "One hundred percent of my focus is on standing up to this administration," he said. "What we have in the United States Senate is total unity, from Susan Collins to Ted Cruz, in opposition to what the new Biden administration is trying to do to this country."
"Who knows what matters anymore, but this is a gift-wrapped quote for Democrats," Washington Post reporter David Weigel tweeted. "The thing about an ongoing controversy" like the Liz Cheney saga is that politicians "keep getting asked about it — like any interrogation, it leads to slip-ups."
White House Press Secretary Jen Psaki made some hay out of McConnell's quote, telling reporters, "The contrast for people to consider is 100 percent of our focus is on delivering relief to the American people and getting the pandemic under control and putting people back to work." But Biden and Vice President Kamala Harris mostly shrugged it off.
"He said that about the last administration — about Barack, that he was going to stop everything — and I was able to get a lot done with him," Biden said, referring to McConnell's statement to National Journal in 2010 that "the single most important thing we want to achieve is for President Obama to be a one-term president." Harris, in Rhode Island, said she and Biden "are sincere and serious about the potential to actually get something done together."
Trump said in a statement Wednesday that McConnell is "gutless and clueless." Peter Weber