Month: January 2022

Peacock Rises to 24.5M Users as Super Bowl, Olympics Loom

Peacock saw its subscriber count grow to 24.5 million at the end of 2021. Comcast banked $30.3 billion in Q4 2021 revenue.

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Reported $300M Lawsuit Against iFIT Could Lead To Bankruptcy

One iFIT’s lenders, Pamplona Capital Management, filed a potentially fatal lawsuit against it, according to The New York Post.

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Samsung Posts Record Q4 Driven By Chip Demand For Gaming

Samsung posted record fourth-quarter revenue driven by a demand for its computing chips, which help power much of the video game industry.

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Ohio State Creates NIL Group To Help Athletes Earn More Money

The NIL industry is still in its infancy, but after six months, early winners are emerging — and Ohio State athletes top the list. 

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Potential New Broncos Owner Could Score Major Tax Breaks

A sale of the Denver Broncos could lead to billions in tax write-offs for the incoming owner. The price could reach $4 billion.

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Bally’s Shareholder Offers To Buy 79% Stake At $2B Valuation

Bally’s biggest shareholder Standard General LP offered to buy the company’s remaining shares a a premium of $38.

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Formula 1’s Williams Racing Sells Battery Arm For $220M

Williams Advanced Engineering, a battery technology arm of the Williams Racing Formula 1 team, has been acquired by Fortescue Metals Group in a deal valued at $220 million.

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Technology, Gambling Boost NFL's Sponsorship Revenue

The NFL’s sponsorship revenue grew 12% year-over-year from $1.62 billion to $1.8 billion in the 2021-22 season.

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Microsoft Revenue Grows to $51.7B

Microsoft posted revenue of $51.7 billion for the fiscal quarter ending December 31, 2021. Xbox product sales rose 10% year-over-year.

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Signa Sports United Reports Q4 Growth Amid Supply Shortage

Signa Sports United generated $278 million in revenue in Q4 2021, a 10% increase compared to the same period the year prior.

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