Tag: media rights

Real Madrid’s comeback win against Manchester City in the Champions League set a new streaming record for a live sporting event on Amazon Prime Video in the UK, drawing over four million viewers. This marks Prime Video’s first season broadcasting…

ESPN is reportedly dropping out of the bidding for Formula 1’s U.S. media rights after its deal expires in 2025, according to Puck News. NBC Sports and Netflix are now in talks with F1, with Netflix’s Drive to Survive playing…

Major League Baseball (MLB) is warning that it may walk away from ESPN if the network opts out of their national TV deal next month. ESPN, which pays MLB $550 million per season, is expected to exercise the opt-out clause,…

Netflix is reportedly considering a bid for Formula 1's U.S. media rights, potentially taking over from ESPN, whose exclusive negotiating window has expired. The streamer, credited with F1's growing popularity in the U.S. due to Drive to Survive, has been…

MSG Sports posted $357.8 million in Q2 FY2025 revenue, up 9% year-over-year, but faces media rights uncertainty due to an Optimum-MSG Networks carriage dispute. Despite strong ticket sales and sponsorships, adjusted operating income fell 45% to $20 million due to…

MLS plans to make Season Pass on Apple TV+ more accessible in 2025 after poor 2024 viewership, including a 47% drop for the MLS Cup. Changes include integrating matches into pay TV guides, exploring wireless carrier partnerships, and introducing featured…

Andrew Wamugi analyzes Apple's cautious approach to acquiring sports media rights, contrasting it with competitors like YouTube, Amazon, and Netflix, and questioning its commitment to live sports. Despite notable investments in Major League Soccer and Major League Baseball, Apple has…

MLB is targeting 2028 to nationalize local media rights, aiming to end blackouts and unify broadcasting under a single strategy. With at least 15 teams expected to have available rights, the league sees opportunities to partner with major tech or…

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…

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…