WNBA renews media rights deal with Scripps

WNBA renews media rights deal with Scripps


Caitlin Clark #22 of the Indiana Fever brings the ball up court during the first half of a WNBA game against the Chicago Sky on August 30, 2024 at Wintrust Arena in Chicago, Illinois. 

Melissa Tamez | Icon Sportswire | Getty Images

The WNBA and E.W. Scripps announced on Friday a new, multi-year media rights agreement to carry Friday night WNBA matchups on Ion.

The new agreement also includes the “WNBA on Ion” studio show, the first weekly broadcast show dedicated exclusively to WNBA coverage.

The value of the deal was not disclosed, but media reports peg the original deal that expires at the end of the 2025 season at an average of $13 million annually.

The WNBA has been airing games on Ion since 2023. This season, the network will broadcast 50 regular season games. Ion is available on pay TV and streaming platforms in more than 128 million homes, according to a news release.

The new agreement comes after Ion has seen huge growth with the WNBA and as the league gains in popularity thanks to stars like Caitlin Clark and Angel Reese.

The network said WNBA Friday Night Spotlight viewership grew 133% year over year and more than 23 million unique viewers tuned into the coverage.

“Our robust partnership with the league has flourished, and we are thrilled to solidify ION’s status as the premier Friday night destination for WNBA action for years to come,” said Scripps CEO Adam Symson in the release.

WNBA Commissioner Cathy Engelbert said the partnership with Scripps has helped the league expand its reach and visibility.

“This new multi-year agreement reflects the growing excitement surrounding the league and the rising demand for WNBA games,” she added.

The league signed an 11-year media rights deal with Disney, Amazon and Comcast-owned NBCUniversal last July as part of the NBA’s media rights negotiation. The WNBA’s portion of the deal is valued at about $200 million per year, CNBC previously reported.

— CNBC’s Lillian Rizzo contributed to this report.

Disclosure: Comcast owns NBCUniversal, the parent company of CNBC.



Source

Meet the YouTube whisperers, a booming class of advisors behind MrBeast and other million-dollar channels
Business

Meet the YouTube whisperers, a booming class of advisors behind MrBeast and other million-dollar channels

When wildlife TV personality Forrest Galante sat down for his monthly call with YouTube consultant Paddy Galloway, he received some bad news. No more turtles. Galante has 2.5 million YouTube subscribers. He’s been producing wildlife programming for more than a decade, including a docuseries on Animal Planet and a show on the History Channel. He […]

Read More
Target is trying to win back busy families from Walmart, starting with the baby aisle
Business

Target is trying to win back busy families from Walmart, starting with the baby aisle

CLIFTON, New Jersey — Along with aisles of diapers and colorful onesies, Target shoppers in some of the retailer’s big-box stores can now find baby brands typically carried by specialty boutiques. Shoppers can see, feel and test strollers, car seats and high chairs outside of cardboard boxes at about 200 stores, or roughly 10% of […]

Read More
Why one of the nation’s largest auto lenders isn’t worried about high vehicle prices or ‘forever loans’
Business

Why one of the nation’s largest auto lenders isn’t worried about high vehicle prices or ‘forever loans’

Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois. Scott Olson | Getty Images The head of one of the nation’s largest auto finance lenders isn’t overly concerned about rising consumer automotive debt and inflated used car prices leading to longer loans on vehicle purchases. His main reasoning? […]

Read More