Olympics Could Still Be a Win for NBCUniversal

The Olympics have endured all sorts of challenges related to the pandemic, but it’s still be a strong property for NBCUniversal.

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Premier League Inks Streaming Rights Deal in China

The Premier League signed a streaming rights deal in China with iQiyi, providing clarity to a situation thrown into flux.

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Mercedes-Benz Announces $47B Electric Push

Mercedes-Benz plans to spend more than $47 billion to go all-electric by the end of the decade.

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AT&T Gets Q2 Lift From NBA

AT&T bounced back from a pandemic dip with a strong second quarter, buoyed by the return of the NBA on WarnerMedia’s TNT and TBS.

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MLB Looks to Streaming Platforms for Midweek Games

ESPN renewed its contract with Major League Baseball in May for $3.85 billion, ditching rights to the league’s midweek package.

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Off-White Brings More Sports Links to LVMH

Off-White was acquired by LVMH, which took a 60% in the street and sportswear fashion brand created by Virgil Abloh.

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Brisbane Awarded 2032 Olympics, But At What Cost?

Following an official vote from the IOC on Wednesday, Australian city Brisbane was awarded the 2032 Summer Olympic Games.

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FTX Scores Largest Private Crypto Funding Round Ever

FTX raised $900 million from a group of over 60 investors in the largest private raise for a crypto company in history.

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Zed Run Parent Raises $20M in Funding Round

Virtually Human Studio, the parent company of NFT racing game “Zed Run,” raised $20 million in a Series A funding round on Wednesday.

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Featured

Netflix Won't Stream Live Sports Any Time Soon

Netflix showed no interest in hastily acquiring streaming rights for live sports during the company’s second-quarter earnings call.

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DraftKings Launches NFT Platform with Tom Brady’s Autograph

DraftKings is launching its own NFT platform in partnership with Autograph, an NFT company founded by Tom Brady.

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Netflix Lags in Subscriber Growth, Looks to Gaming

Netflix’s Q2 earnings showed slower than usual subscriber growth. The company plans to produce video games next year.

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Olympics Face Cancellation As COVID Cases Rise

The opening ceremony for the Tokyo Olympics is just three days away and there is a chance that the Games could be canceled altogether.

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NFL’s National Revenues Jump to Nearly $10 Billion

Despite an ongoing global pandemic, the National Football League managed to raise revenue in 2020 by $422.4 million.

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Peloton Spinning Up a Video Game

Peloton is diversifying its workout-related content with a video game in which its connected bike is the controller.

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