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Oscars ratings: They went up, but only a bit

Oscars ratings: They went up, but only a bit

It's hard to remember a clip going as viral as Will Smith's outburst at this year's Academy Awards.

No such thing as bad press?

Despite the widespread condemnation of Smith's slap, the age old saying feels appropriate here, as the waning interest in the Oscars ceremony was put briefly on hold, with social media interactions about the altercation far outstripping any other news story in the 24 hours after the broadcast.

As a formal investigation gets underway, producers of the show will have to make peace with the fact that one crazy moment is unlikely to undo the sliding interest in the event. 40 million Americans used to routinely tune in to watch the event, Sunday's show got less than 17 million, and a majority of Americans had only heard of 2 of the 10 Best Picture Nominees.

The Times They Are a-Changin'

In fairness to The Academy Awards, measuring the impact of a show by its traditional broadcast numbers is increasingly archaic, given how much content is watched on streaming or social media platforms. Unfortunately, compiling data from linear TV, streaming platforms and social media interactions isn't easy... just ask Nielsen.

Measurement company Nielsen, which provided the numbers in the chart above, has been under pressure to make the transition to digital measurement, and itself has been in the headlines this week as it's set to be acquired for $16 billion.

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JetBlue is raising its bag fees as fuel costs squeeze airlines

JetBlue will reportedly hike its bag fees, as the cost of jet fuel continues to climb amid the war in Iran. It’s the latest example of carriers finding ways to push rising costs onto travelers.

Last week, United Airlines CEO Scott Kirby said that if fuel prices remain elevated, fares would need to rise another 20% for his airline to break even this year.

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

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