Month: July 2021

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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Dish Network and AT&T Team Up with $5 Billion Pact

Dish Network and AT&T have agreed to a deal that will have AT&T replace T-Mobile as Dish Network’s primary connectivity provider.

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Tencent Continues Spending Spree with Sumo Group Acquisition

Tencent bought British gaming company Sumo Group for $1.27 billion as it continues its aggressive investment strategy.

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McLaren Looks to Raise $620 Million via Bond Issue

Just days after confirmation of a $760 million funding round, McLaren announced plans to raise another $620 million in a bond issue.

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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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Toyota Pulls Olympic TV Ads in Japan

Toyota, Japan’s top automaker, is pulling Tokyo Olympics-related advertisements from its home country.

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‘Space Jam’ Tops Box Office With $31.7 Million Opening

The long-awaited “Space Jam: A New Legacy” was released on Friday and had a big weekend at the box office.

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LVMH-Backed L Catterton in Talks to Go Public

L Catterton, a private equity firm backed by LVMH and its CEO Bernard Arnault, is in talks with investment banks to go public.

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WNBA Mulls Expansion As League Audience Grows

League commissioner Cathy Engelbert voiced her continued interest in expanding the WNBA on Wednesday, calling it a priority.

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Formula 1 Breaks Out New ‘Sprint’ Race Format

Formula One debuted a new concept car and racing format, both designed to produce an accessible, exciting product.

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