Sports
Judge temporarily blocks sports streaming service Venu, ruling in favor of Fubo TV on antitrust concerns
A detail view of a broadcast camera is seen with the NFL crest and ESPN Monday Night Football logo on it during a game between the Chicago Bears and the Minnesota Vikings at Soldier Field in Chicago on Dec. 20, 2021. Icon Sportswire | Icon Sportswire | Getty Images A U.S. judge temporarily blocked media […]
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NBCUniversal is pinning Peacock’s streaming success on its $2.45 billion per year NBA deal
The NBA logo is seen outside an NBA fan store in New York on July 8, 2024. Angela Weiss | AFP | Getty Images Executives at Comcast‘s NBC Sports targeted the NBA’s media rights renewal on their calendars for years. They wanted the NBA back after losing the games to Disney in 2002. But it […]
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DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street
Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8% Wednesday as the company’s FanDuel betting platform captures market share and grows revenue dramatically, even in well established states with sports betting and online gaming. But it was the declaration that FanDuel will not add a surcharge to offset an […]
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Reliance, Disney offer concessions to win antitrust nod for India media merger, Reuters reports
Reliance and Walt Disney have offered to sell some channels to win faster antitrust approval for their $8.5 billion India media assets merger, but are resisting changes to cricket broadcast rights they own, two sources familiar with the matter said. Antitrust experts have warned that the Reliance-Disney merger, announced in February, could face intense scrutiny […]
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With the A’s leaving Oakland, the Pioneer League B’s want fan investment in Bay Area baseball
Paul Freedman, co-founder and CEO of the Oakland Ballers Paul Freedman, a 45-year-old serial entrepreneur who has founded and sold five educational technology companies, decided last June he wanted a new type of venture: a baseball team. When MLB’s A’s announced last year they planned to leave Oakland, California, for Las Vegas, Freedman was despondent. […]
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DirecTV is pushing its pay TV bundle — without a satellite dish
The “For the Birds” ad campaign for DirecTV emphasizes customers don’t need a satellite dish anymore for service. The pigeons are voiced by former NFL star Deion Sanders, and actors Steve Buscemi and Henry Winkler. Courtesy: DirecTV Coach Prime wants consumers to know they can watch DirecTV without a satellite dish. The company best known for […]
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U.S. and China fight to 40-40 draw for most Olympic gold medals
A detailed view of the Eiffel Tower which features the Olympic Rings during the opening ceremony of the Olympic Games Paris 2024 on July 26, 2024 in Paris, France. Cameron Spencer | Getty Images The U.S. and China each won 40 gold medals in the first Summer Games draw in Olympic history, with the Americans pulling into a […]
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LVMH puts mark on Olympics as luxury brands embrace sports
The 2024 Paris Olympic Games medals are displayed inside a custom-designed trunk manufactured by Louis Vuitton, an LVMH brand partner of the Paris Olympic and Paralympic Games, during a gathering at LVMH in Paris on July 22, 2024, ahead of the start of the 2024 Paris Olympic Games. Stephane De Sakutin | AFP | Getty […]
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Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets
Key Points The Olympic Games, as well as other mega events like Taylor Swift’s Eras Tour, produce sudden demand shocks in local economies that can appear to boost inflation, UBS says. However, these mega events may not actually increase the cost of living for the local population. The Paris Olympics has boosted demand — and […]
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MLB will host its first game at a NASCAR track, aiming to break attendance record
General race action during the Irwin Tools Night Race at the Bristol Motor Speedway. David J. Griffin | Icon Sportswire | Getty Images Baseball fans, start your engines. Major League Baseball announced Friday that NASCAR’s iconic Bristol Motor Speedway will host a regular-season MLB game for the first time next year. The game is set […]
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