CBS News
With Novo Nordisk success, is there a “Nokia risk” for Denmark?
This week, 60 Minutes traveled to Denmark to report on Novo Nordisk, the pharmaceutical company that’s behind the popular drugs Wegovy and Ozempic.
Novo Nordisk’s success with these drugs has led to huge profits: its current market capitalization is larger than Denmark’s entire GDP.
Novo Nordisk’s outsize profits have also led to a surge in tax revenue. Last year, the company paid $2.3 billion in income taxes to the Danish government.
“It’s hard to exaggerate the impact of Novo Nordisk and of Ozempic and Wegovy on the Danish economy,” correspondent Jon Wertheim told 60 Minutes Overtime.
Wertheim interviewed Mads Krogsgaard, the CEO of the Novo Nordisk Foundation. The foundation, which controls 77% of the company’s voting shares, is responsible for distributing profits towards research into medicine and science.
Wertheim asked Krogsgaard how the company is dealing with its meteoric success and representing Denmark on the world stage.
“In some ways… we liaise more than we’ve done ever before with politicians [and] ministers,” he said.
“We hope there’ll [be] more companies like Novo Nordisk. But for the time being, it is the Novo Nordisk company that is driving a lot of, you can see, the wealth of the country.”
Within Denmark, Novo Nordisk has created thousands of new jobs, “which is a lot in a small country,” Krogsgaard said.
“The risk here is that this is one sector,” Wertheim told 60 Minutes Overtime. “There are dangers that come with having one sector be so dependent for so much growth.”
Nokia
In 1999, producer Michael Gavshon and correspondent Bob Simon reported from another Nordic country, Finland.
Nokia, the Finnish mobile phone company, was dominating the global market in cellphones.
At the time, 65% of Finns used cellphones, compared to just 25% of the population in the United States.
Simon asked then-CEO Jorna Ollila if he felt Nokia was the vanguard of a revolution.
“I think we have seen the first part of it. There’s more to come,” Ollila said.
At the height of its success, Nokia’s share of the Finnish GDP was 4%. It remained the undisputed mobile phone industry leader until the late 2000s.
Then, in 2007, Apple changed everything when it launched the iPhone, and the smartphone era began.
With almost instantly high demand, competitors like Google and Apple began to elbow Nokia out of the market with innovative smartphones.
In 2008, consumer demand for Apple’s iPhone was enormous. The first weekend the second iPhone was released, Apple sold 1 million units.
Nokia’s downfall, coupled with the European debt crisis, had major impacts on the Finnish economy.
Approximately 25,000 Finns left the company from 2008 to 2017. In 2012, Nokia’s contribution to Finland’s GDP was negative.
Risks for Novo Nordisk and Denmark
Today, Novo Nordisk accounts for nearly half of the country’s GDP growth, according to an analysis by Denmark’s Danske Bank.
Denmark’s economy could be facing a risk due to its dependence on one sector, and one company.
“It’s not quite as perilous as it might be elsewhere. But there are dangers that come with having one sector be so dependent for so much growth,” Wertheim said.
Wertheim spoke with Hanne Sindbaek, an independent Danish journalist who has written two books about the history of Novo Nordisk and its founders.
Wertheim asked what the impact on Novo Nordisk would be if drugs like Wegovy and Ozempic continued to get cheaper, and insurers in the United States started to subsidize the drugs for millions of Americans.
“Well, it’s going make it very, very rich,” she told Wertheim. “There might be competitors coming out of the woodwork here and there.”
“But they were the first, and they’re the biggest…they have got a very good chance of leadership in that field.”
There are, however, ethical concerns about the high price of the drugs, and some people who could benefit from them are currently unable to afford them.
“Novo Nordisk [will] have these concerns. And there’ll be discussions in Novo Nordisk about this,” she told Wertheim.
The video above was produced by Will Croxton and Brit McCandless Farmer. It was edited by Sarah Shafer Prediger.
CBS News
How to watch the Minnesota Vikings vs. Chicago Bears NFL game today: Livestream options, more
The Minnesota Vikings will take on the Chicago Bears today. The Vikings are currently 8-2, an impressive run so far this season, and will be looking to add a fourth win to their current streak after last Sunday’s 23-13 win against the Tennessee Titans. The Bears, on the other hand, are entering this game on the heels of a four-game losing streak after a tough 20-19 loss against the Green Bay Packers last Sunday.
Here’s how and when you can watch the Vikings vs. Bears game today, whether or not you have cable.
How and when to watch the Minnesota Vikings vs. Chicago Bears
The Vikings vs. Bears game will be played on Sunday, November 24, 2024 at 1:00 p.m. ET (11:00 a.m. PT). The game will air on Fox and stream on Fubo and the platforms featured below.
How and when to watch the Minnesota Vikings vs. Chicago Bears game without cable
You can watch this week’s NFL game on Fox via several streaming services. All you need is an internet connection and one of the top options outlined below.
Fubo offers you an easy, user-friendly way to watch NFL games on CBS, Fox, NBC, ABC, ESPN, and NFL Network, plus NCAA football channels. The Pro tier includes 200+ channels and unlimited DVR, while the Elite with Sports Plus tier adds NFL RedZone and 4K resolution. New subscribers get a seven-day free trial and all plans allow streaming on up to 10 screens simultaneously.
You can watch today’s game with a subscription to Sling’s Orange + Blue tier, which includes ESPN, ABC, NBC, and Fox. The plan offers 46 channels with local NFL games, nationally broadcast games and 50 hours of DVR storage. For complete NFL coverage, add Paramount+ to get CBS games, or upgrade with the Sports Extra add-on for additional sports channels like Golf Channel, NBA TV and NFL RedZone.
Watching NFL games, including Fox broadcasts, is simple with Hulu + Live TV, which includes 90 channels, unlimited DVR storage, and access to NFL preseason games, live regular season games and studio shows. The service includes ESPN+ and Disney+ in the subscription.
Want to watch today’s game live on your smartphone? If so, NFL+ streaming service is the solution you’re looking for. It lets you watch NFL Network and out-of-market games on mobile devices, with an upgrade option to NFL+ Premium that includes NFL RedZone for watching up to eight games simultaneously. Note that NFL+ only works on phones and tablets, not TVs.
CBS News
How to watch the Detroit Lions vs. Indianapolis Colts NFL game today: Livestream options, more
The Detroit Lions will face off against the Indianapolis Colts today. The Lions enter this game as top contenders with a near-perfect record of 9-1 so far this season. The Colts, who are 5-6 this season, could have a tough game on their hands against the Lions but will be looking to rack up another win after prevailing over the New York Jets in a tight game last Sunday.
Here’s how and when you can watch the Colts vs. Lions game today, whether or not you have cable.
Here’s how and when to watch the Detroit Lions vs. Indianapolis Colts
The Lions vs. Colts game will be played on Sunday, November 24, 2024 at 1:00 p.m. ET (11:00 a.m. PT). The game will air on Fox and stream on Fubo and the platforms featured below.
How and when to watch the Detroit Lions vs. Indianapolis Colts game without cable
You can watch this week’s NFL game on Fox via several streaming services. All you need is an internet connection and one of the top options outlined below.
Experience NFL action like never before with Fubo’s comprehensive sports streaming platform. From Sunday showdowns to primetime matchups, catch every NFL game across major networks including CBS, Fox, NBC, ABC, ESPN and NFL Network. Choose the Pro package to unlock 200+ channels and limitless DVR storage, or elevate your game-day experience with the Elite with Sports Plus package, featuring NFL RedZone’s commercial-free scoring highlights and stunning 4K quality.
Test drive the service with a no-commitment seven-day free trial, and share the excitement with family and friends — Fubo supports simultaneous streaming on up to 10 devices, so everyone can watch their favorite teams.
You can watch today’s game with a subscription to Sling’s Orange + Blue tier, which includes ESPN, ABC, NBC, and Fox. The plan offers 46 channels with local NFL games, nationally broadcast games, and 50 hours of DVR storage. For complete NFL coverage, add Paramount+ to get CBS games, or upgrade with the Sports Extra add-on for additional sports channels like Golf Channel, NBA TV and NFL RedZone.
Watching NFL games, including Fox broadcasts, is simple with Hulu + Live TV, which includes 90 channels, unlimited DVR storage, and access to NFL preseason games, live regular season games and studio shows. The service includes ESPN+ and Disney+ in the subscription.
Want to watch today’s game live on your smartphone? If so, NFL+ streaming service is the solution you’re looking for. It lets you watch NFL Network and out-of-market games on mobile devices, with an upgrade option to NFL+ Premium that includes NFL RedZone for watching up to eight games simultaneously. Note that NFL+ only works on phones and tablets, not TVs.
CBS News
How to watch the New England Patriots vs. Miami Dolphins NFL game today: Livestream options, more
The New England Patriots will face off against the Miami Dolphins in a game today at the Hard Rock Stadium in Miami. The Patriots have had an uneven season so far, coming into the game with a record of 3-8, including a 28-22 loss to the Los Angeles Rams on November 17. The Dolphins, however, haven’t fared much better this season as they enter the game with a record of 4-6, although they are coming off two wins in a row, the latest against the Las Vegas Raiders last weekend.
Keep reading to find out how and when to watch the New England Patriots vs. Miami Dolphins game today, even without cable.
CBS, Paramount+ and CBS Essentials are all subsidiaries of Paramount Global.
How and when to watch the New England Patriots vs. Miami Dolphins game today
The New England Patriots vs. Miami Dolphins game will be played on Sunday, November 24, 2024 at 1:00 p.m. ET (10:00 a.m. PT). The football game will be shown on CBS and streamed on Paramount+ and the platforms noted below.
How and when to watch the New England Patriots vs. Miami Dolphins game without cable
While CBS is available with many basic cable packages, you’ll have other viewing options, too for the Patriots-Dolphins game. Just understand that the below streaming options will require the use of an internet provider:
Paramount+: Watch CBS-aired NFL games without cable
With Paramount+ you’ll have multiple viewing options to choose from. You can catch NFL games on the Paramount+ Essential tier for just $7.99 each month or you can watch college football with a Paramount+ with Showtime subscription for $12.99 monthly. In addition to live streams of NFL games airing on CBS, you’ll get to watch additional live sporting events including NCAA college football, PGA Tour golf, soccer and more.
Get started with Paramount+ here today.
Amazon Prime Video: Add Paramount+ to your existing subscription
Already have an Amazon Prime Video account? Simply add Paramount+ to your current subscription to watch all the CBS-aired NFL games in addition to Paramount+ originals. The same prices from above apply, depending on which tier you choose. Not sure which is best for you? Don’t worry. Both options come with a free seven-day trial that can help you decide.
Watch the Patriots-Dolphins game on Amazon Prime Video.
Fubo: Watch the Patriots-Dolphins game for free
Looking for an inexpensive way to watch football? Fubo could be the best way to do so. The live TV streamer is currently offering a seven-day free trial and $30 off of your first month’s subscription. Once subscribed, you’ll gain access to all of their live sporting events immediately. And there will be a lot to choose from. Not only does Fubo come with access to NFL games airing on your local CBS channel, it also includes Fox Sunday NFC games, “Sunday Night Football” on NBC, “Monday Night Football” on ABC and ESPN and all of the games that air on the NFL Network. So don’t wait.
Get started with Fubo online now.