Larry David Starred In FTX Super Bowl Commercial, Now He Wants To Take On The Bankrupt Crypto Company: 'I Lost A Lot Of Money'
Portfolio Pulse from Chris Katje
Larry David, who starred in an FTX Super Bowl commercial, expressed regret over his participation following the company's bankruptcy. He revealed losing a significant amount of money as part of his salary was in cryptocurrency. David is also involved in a class action lawsuit against FTX. The ad was part of Super Bowl LVI, which featured multiple cryptocurrency ads, earning it the nickname 'crypto bowl'. Warner Bros. Discovery (NASDAQ:WBD), which airs 'Curb Your Enthusiasm', is indirectly related through David's promotional activities.
February 01, 2024 | 6:56 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Warner Bros. Discovery, airing 'Curb Your Enthusiasm', may see indirect effects from Larry David's FTX controversy as he promotes the show's final season.
While WBD is not directly involved in the FTX controversy, the publicity surrounding Larry David, who is actively promoting 'Curb Your Enthusiasm' on WBD, could indirectly affect the company's public perception and potentially its stock price. However, the impact is likely to be minimal and indirect, hence the neutral score.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50