YouTube reported a 12% year-over-year increase in Q3 ad revenue, reaching $8.92 billion, driven by increased TV screen viewing and a 20% rise in upfront ad commitments. The platform's growing dominance in living-room viewing has positioned it as a leader…
Endeavor is selling On Location, Professional Bull Riders, and IMG to TKO Group Holdings for $3.25 billion, consolidating its sports assets into one public entity as Endeavor moves toward going private. The deal boosts TKO’s portfolio in media rights and…
The DOJ is preparing to support an injunction blocking the launch of Venu Sports, the streaming JV by Disney, Fox, and Warner Bros. Discovery, over concerns that its "skinny bundle" plan is anti-competitive. The case, initiated by Fubo, has attracted…
The new Chicago Sports Network (CHSN), airing Bulls, White Sox, and Blackhawks games, is in a standoff with Comcast over carriage fees, leaving around a million Comcast households unable to watch unless they use antennas. CHSN offers free over-the-air broadcasts…
MLB Commissioner Rob Manfred is pushing to eliminate local blackouts and make games available nationally as RSNs collapse. With MLB reclaiming rights for teams like the Guardians, Brewers, and Twins, Manfred envisions a future where fans can stream any game…
RSN valuations have dropped 97% in six years, from $20 billion in 2018 to $600 million, according to CNBC’s Mike Ozanian. This sharp decline, fueled by cord-cutting and the decreasing value of live local sports on cable TV, explains why…
Comcast plans to offer live sports from NBC regional sports networks on Peacock, giving fans in four markets access to NBA, NHL, and MLB games without cable. Details are still being negotiated, and the launch could be delayed beyond early…
By creating sports IP that resonates culturally, Overtime has positioned itself as a key player in the sports media landscape. The company builds its own leagues, like Overtime Elite, and secures partnerships with brands such as the NFL and NBCUniversal…
Diamond Sports has confirmed FanDuel as the new naming rights partner for its regional sports networks, replacing Bally Sports. FanDuel will integrate sports betting promotions and may purchase up to 10% equity in Diamond Sports. Pending court approval, FanDuel will…
The NBA is upgrading its app for the 2024-25 season with new features for League Pass subscribers, including AI-powered insights, multiviewer for watching four games at once, and customizable game recaps. Other enhancements include immersive 8K game experiences, original content,…
