Fast Company explores why sports streaming remains unsolved and increasingly fragmented. While traditional pay TV retains most sports content, frustrating fans with high costs and complex bundling, tech giants like Amazon, Apple, and Netflix are moving into exclusive sports deals…
TVREV digs into Warner Bros. Discovery’s legal fallout with the NBA, uncovering specifics of the league’s new deals with NBC and Amazon. NBC’s contract includes an early-week schedule with national game slots, limited betting features, and required NBA promotions across…
The St. Louis Cardinals have secured a multi-year broadcast deal with Diamond Sports, now FanDuel Sports Network Midwest, covering linear and digital rights. This deal, with a 20% rights fee reduction, may include a $15/month direct-to-consumer option.
Penn Entertainment’s Q3 revenue met expectations at $1.64 billion, with strong growth in its ESPN Bet segment, which saw a 24.6% revenue increase to $244.6 million. However, losses in the segment nearly doubled to $90.9 million, emphasizing the importance of…
Victory+ has partnered with Amagi to deliver over 60 new FAST channels on its sports streaming platform, monetized via Amagi ADS PLUS. This collaboration expands Victory+’s content offerings ahead of its free regional NHL broadcasts, enhancing viewer engagement and ad…
Sinclair’s Tennis Channel is relaunching Tennis Channel Plus on November 12, offering 10,000+ hours of live and on-demand content for $10/month. Existing Tennis Channel subscribers can access the expanded streaming service, which includes multi-court coverage and exclusive programming, at no…
TKO, parent of UFC and WWE, posted $681.2 million in Q3 revenue, boosted by content licensing and event income. While UFC saw a revenue dip from fewer events, WWE’s media rights gains offset this, supporting TKO’s reaffirmed high-end 2024 revenue…
Fox Corp reported an 11% revenue increase to $3.56 billion in its fiscal Q1, driven by strong performance in sports coverage, notably from UEFA Euros and Copa América tournaments under its “Summer of Soccer” initiative. Net income more than doubled…
The X Games is launching a FAST channel with Frequency to stream its action sports content 24/7, including live events and historical highlights. This move aligns with MSP Sports Capital’s strategy to broaden digital access and reach new audiences through…
Front Office Sports discusses how sports media is grappling with attracting younger fans, even as TV ratings and media rights soar. ESPN chairman Jimmy Pitaro highlights the challenge, pointing out distractions like Netflix and TikTok. Amazon’s Thursday Night Football has…
