Month: December 2021

Corporate Well-Being Platform Gympass Acquires Trainiac

Trainiac is now Trainiac by Gympass. The latter announced its acquisition of the one-on-one fitness platform on Wednesday.

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Nike, Adidas Box Out Virtual Territory

Nike and Adidas are both linking up with metaverse companies and carving out spaces in virtual worlds. Nike acquired RTFKT on Monday.

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Rising Viewership Collateral for New MLS Broadcasting Deal

Major League Soccer’s broadcasting rights deal with Disney’s ESPN, Fox, and Univision Communications expires at the end of the 2022 season.

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Google, Disney Continue Negotiations for YouTube TV Deal

YouTube notified users that it could lose ESPN, ABC, FX, and other Disney channels as Google continues negotiations with Disney.

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Chicago Close to In-Person Betting at Pro Stadiums

Chicago is close to allowing in-person sports betting at professional sports stadiums — with help from some of the city’s most notable sports figures.

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Nike Evaluating $1B in Media Spending

Nike is assessing its media spending in a review expected to run through the spring. Around $1 billion is at stake for ad agencies.

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DAZN, Movistar Split La Liga’s Rights In $5.58B Deal

La Liga has inked its longest broadcasting rights deal ever in a five-year agreement split by DAZN and Telefónica’s Movistar.

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Silver Lake Buys $100M Stake In Australian Professional Leagues

Silver Lake Partners has acquired a 33% stake in the Australian Professional Leagues for $100 million, valuing the business at $303 million.

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U.N.: Illegal Sports Betting Reaches $1.7T Annually

While the legal sports betting market is growing, it still has a ways to go to catch the black market, according to a new U.N. report.

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Details of NFL International Market Assignments Emerge

Unofficial until the NFL’s league meeting on Wednesday, details of team international market assignments have emerged.

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