Sports Illustrated’s owner, Authentic Brands Group, announced on Monday that they would be suing Red Bull founder Dietrich Mateschitz over the chaotic events that unfolded at the magazine earlier this year.
FanDuel, a popular sports betting platform, is poised to take over as the primary sports gambling app in Washington, D.C. The decision comes as the result of a multi-year partnership between FanDuel and the D.C. Lottery, which oversees the city’s sports betting operations.
The Fox-Disney-Warner Bros. Discovery sports bundle is projected to reach 5 million subscribers within the next five years, according to Lachlan Murdoch, the CEO of Fox Corporation.
Disney announced its new sports streaming service, ESPN+, which is set to launch next week. The service will offer a curated selection of live sports events, documentaries, and original shows. However, fans of certain sports, such as baseball and basketball, may be disappointed to learn that not all games will be available on the platform.
The sports betting industry has experienced a significant spike in the total amount wagered in 2023, reaching nearly $120 billion. This unprecedented growth is a testament to the increasing popularity and acceptance of sports betting among consumers.
The highly anticipated sports event of the season has officially announced the distribution of teams set to battle it out on the field. Fans can expect fierce competition as each team prepares to showcase their skills and take home the coveted championship title.
It seems that Pay TV distributors have gone into a huddle as they plan their potential move to counter the impact of a new sports joint venture in the market. This joint venture, recently formed between two major sports networks, has sent ripples of concern throughout the industry. Pay TV distributors have had to reassess their strategies, considering the potential challenges they might face.
Sports Illustrated, the iconic sports magazine, has been a staple in American households since its inception in 1954. Over the years, it has provided sports fans with in-depth coverage, exclusive interviews, stunning photography, and insightful commentary. However, with the rise of digital media and the ever-changing landscape of journalism, some critics argue that Sports Illustrated has lost its relevance. On this Super Bowl Sunday, let’s take a moment to defend the importance of Sports Illustrated and acknowledge its enduring value.
Social media giant Meta, formerly known as Facebook, has issued a warning to its investors regarding the potential adverse impact on the company if its CEO, Mark Zuckerberg, were to become unavailable for any reason.
Investment guru Jim Cramer has recently warned investors about the highly unpredictable nature of the Initial Public Offering (IPO) market. Speaking on his CNBC show, *Mad Money*, Cramer cautioned potential investors to exercise caution and think twice before diving into IPOs, particularly the case of Amer Sports.
