Month: November 2021

Braves' Parent Liberty Media Scores Big

Liberty Media reported third-quarter earnings Thursday, with the Atlanta Braves brining in $234 million in revenue.

By /
Fox Sales Rise as Live Sports Return

Fox Corp. reported a 12% year-over-year sales increase to $3.05 billion, compared to Wall Street estimates of $2.94 billion.

By /
The NBA Wants Its Own ManningCast

The league is talking to ESPN and Turner Sports about creating more alternate game telecasts similar to the NFL’s ManningCast.

By /
Microsoft Plans Gaming Metaverse

Microsoft introduced virtual office software, combining Microsoft Mesh and Microsoft Teams. Gaming may be next.

By /
Caesars Looks to Sports Betting to Bolster Casino Business

Caesars Entertainment is looking at sports betting to bolster its casino business, which generated $1.5 billion in revenue in Q3 2021.

By /
Take-Two, EA Project Strong Holiday Seasons with Big Releases Coming

Take-Two Interactive raised its full-year guidance as it anticipates the release of a remastered “Grand Theft Auto” series.

By /
Facebook to Stream Live EuroLeague Games

The EuroLeague’s initial six basketball games will be available via a one-off payment to U.S. users on Facebook via a new media rights deal.

By /
Olympics Boost Discovery's $3.15B Quarter

Discovery posted third-quarter earnings on Wednesday, recording a 23% year-over-year increase in revenue to $3.15 billion.

By /
Durant’s $200M SPAC Will Focus on Sports Acquisitions

NBA star Kevin Durant has launched Infinite Acquisition Corp., a blank-check company that filed for a $200 million initial public offering.

By /
Nike Steps Up Production, Increasing Vietnam Investments

Nike saw factory production in Vietnam increase as facilities reopened and workers returned. The company is investing further in Vietnam.

By /