Month: May 2021

Under Armour Rallies in Q1

Under Armour posted strong Q1 results, with $1.26 billion in revenue due to a 35% increase in sales from a year ago.

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NBA Play-In Tourney Sparks Drama On, Off Court

Big NBA stars are objecting to the new play-in tournament, but the league may be swayed by the revenue it brings.

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Better Collective Acquires Action Network for $240M

Denmark-based Better Collective is acquiring the Action Network for $240 million. The deal was announced on Monday.

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How Microsoft Could Change the Gaming Industry

Microsoft lowered the cut it takes from developers on its game store to 12% and may be considering the same move for console games.

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From Zero to 100,000 — Sports Return to Full Stadiums

The Atlanta Motor Speedway announced Friday it will return to 100% capacity for NASCAR weekend. It’s one of the latest venues to do so.

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What The Verizon-Apollo Megadeal Means

Verizon is unloading its major media properties, Yahoo and AOL, to major investment firm Apollo Global Management.

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$100B App Market At Stake In Apple-Epic Battle

The trial between Epic Games and Apple began on Monday. The case concerns commission fees on in-app purchases.

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Google Partners With WNBA, ESPN In Multi-Year Deal

The WNBA and ESPN announced a three-year partnership with Google on Monday, joining only Nike, Deloitte, and AT&T as a WNBA Changemaker.

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Anger Toward Manchester United Owners Spills Onto Field

Manchester United fans stormed the stadium, shouting and setting off flares. Anger against team owners swelled after the Super League fiasco.

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Endeavor’s Stock Debuts, Then Climbs

Endeavor, owner of UFC and other major properties, went public on Tuesday via an IPO, raising over $500M in the process.

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