3. State of the Union time
When he delivers the State of the Union address Tuesday night, President Joe Biden will have a big stage to defend the economy under his watch. He'll have plenty to brag about. Unemployment is historically low, wages have grown, and fears of a recession are in check, for now. But, as CNBC's Emma Kinery points out, it's much more complicated than that. Inflation is still high, the Fed is raising interest rates, and while a recession may not hit soon, there's still a chance for a rough landing. There's also the pressing matter of the debt limit. The United States breached it recently, but has enacted extraordinary measures to hold off a default for months. Biden will need to explain how the government will avoid this economic catastrophe while contending with a GOP-run House.
4. What does the future hold for TV?
It's clear what's going on with television. Cord-cutting is accelerating and streaming services are trying to figure out how to turn a profit. What's less clear, however, is how these dynamics will shape the TV landscape in the longer term. CNBC's Alex Sherman and Lillian Rizzo talked to over a dozen media industry insiders about what the future holds for the medium, and there's anything but a consensus about what TV will look like in even three years' time. Find out what Barry Diller, Bela Bajaria, Jeff Zucker, Bill Simmons, Byron Allen and more have to say about the future of TV, which streaming services will dominate and what else we can expect.
5. Putting a premium on experience
America's biggest movie theater chain is rolling out a new tiered-pricing plan for seats. AMC said Monday it would start charging more for seats with so-called "preferred" sightlines, meaning the middle of theaters. It will also have "value"-priced seats in less-desired parts of the auditorium. The move comes as the theater industry girds for a bigger release schedule this year as Hollywood makes up for the time it lost in the earlier days of the pandemic. Studios and theater chains alike are eager to upsell viewers to a variety of experiences, whether it's luxury seating or higher-quality sound and visuals. The success of "Avatar: The Way of Water," is a model. The movie is among the top five highest-grossing movies of all time, due in large part to more expensive 3D and premium tickets.
— CNBC's Mike Calia wrote this newsletter. Samantha Subin, Jennifer Elias, Ashley Capoot, Emma Kinery, Sarah Whitten, Nicolas Vega, Alex Sherman and Lillian Rizzo contributed.
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