Sempra Energy
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Utilities : Multi-Utilities | Large Cap Value
Company profile

Sempra Energy is an energy infrastructure company. The Company invests in, develops and operates energy infrastructure, and provides electric and gas services to customers through regulated public utilities. The Company’s segments are San Diego Gas & Electric Company (SDG&E), Southern California Gas Company (SoCalGas), Sempra Texas Utilities, Sempra Mexico, and Sempra Liquefied Natural Gas (LNG). SDG&E provides electric services and natural gas services. SoCalGas owns and operates a natural gas distribution, transmission and storage system that supplies natural gas. Sempra Mexico segment includes energy infrastructure business. Sempra LNG develops, builds, operates and invests in natural gas liquefaction export facilities, including natural gas pipelines and infrastructure, and buys, sells and transports natural gas through its marketing operations, all within North America. Sempra Texas Utilities includes its investment in Oncor Holdings.

Closing Price
$131.17
Day's Change
0.91 (0.70%)
Bid
--
Ask
--
B/A Size
--
Day's High
131.39
Day's Low
130.31
Volume
(Light)
Volume:
556,213

10-day average volume:
1,278,128
556,213

WWE, Spotify to launch exclusive audio network

11:44 am ET August 18, 2021 (MarketWatch)
Print

By Weston Blasi

Spotify company The Ringer will produce podcasts and live content with the WWE as part of the new agreement

Spotify (SPOT) and World Wrestling Entertainment (WWE) are launching an exclusive audio network as part of a multi-year content partnership, WWE announced (https://www.wwe.com/article/wwe-podcasts-the-ringer-spotify-bill-simmons) in a statement.

In conjunction with the Spotify-owned media company The Ringer, the deal will include multiple podcast series, live content after major wrestling events and live shows. Using Spotify Greenroom, the company's live audio platform similar to Clubhouse (https://www.marketwatch.com/story/everything-you-need-to-know-about-clubhouse-the-billion-dollar-social-media-app-that-elon-musk-and-other-ceos-are-using-11613146587), The Ringer will go live after every WWE pay-per-view event.

See also: Americans are creating their own vaccine mandates by cutting ties with the unvaccinated (https://www.marketwatch.com/story/americans-are-creating-their-own-vaccine-mandates-by-cutting-ties-with-the-unvaccinated-11629138467?mod=weston-blasi)

"The Ringer is the premier destination for sports fandom, and WWE has used amazing storytelling and iconic characters to establish a global audience of loyal and passionate fans, making this partnership a perfect match," Bill Simmons, founder of The Ringer, said in the release (https://www.wwe.com/article/wwe-podcasts-the-ringer-spotify-bill-simmons). "As a lifelong WWE fan, I couldn't be more excited to work with them to take a fresh perspective on their most iconic moments and superstars, and leverage Spotify's global scale to share content that we believe everyone will enjoy."

In 2020, Spotify acquired The Ringer for $196 million (https://variety.com/2020/digital/news/spotify-acquires-the-ringer-196-million-cash-bill-simmons-1203502471/), and since then has been pouring money into podcasting. Spotify gave Alex Cooper and her widely popular "Call Her Daddy" podcast $60 million (https://www.marketwatch.com/story/spotify-strikes-60-million-podcast-deal-with-barstools-call-her-daddy-11623875822) for joining the platform, and gave Joe Rogan (https://www.marketwatch.com/story/joe-rogan-who-makes-100-million-to-talk-on-a-podcast-says-straight-white-men-are-being-silenced-by-woke-culture-11621360021) $100 million to bring his podcast exclusively to Spotify.

WWE's stock is down 0.06% on Wednesday and down 9.12% over the past three months. Spotify's stock is down 0.56% on Wednesday and down 9.15% over the past three months.

-Weston Blasi

	

(END) Dow Jones Newswires

August 18, 2021 11:44 ET (15:44 GMT)

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