• Loading stock data...
Thursday, November 21, 2024

FIFA Seeking Up to $2 Billion Investment to Expand Streaming

  • FIFA has hired UBS to help find investors. 
  • FIFA is still looking for a broadcast partner for the 2025 Club World Cup.
Orlando Ramirez-USA TODAY Sports

FIFA is seeking to upgrade its streaming situation. 

The governing body of international soccer is trying to raise as much as $2 billion to grow FIFA+, according to Bloomberg

When the free streaming service was launched two years ago, FIFA said it would stream 40,000 games per year, with at least one-quarter of those being women’s matches.

Bloomberg reported FIFA is working with the bank UBS to raise the money for a minority stake.

FIFA+ is currently streaming the Oceania Football Confederation Tournament, which will feature a New Zealand–Vanuatu final Saturday. The TV rights for the Euros and the Copa América have largely been sold around the world.

The streaming expansion is the latest broadcast deal FIFA is seeking after it halted talks with Apple to broadcast its Club World Cup, which is scheduled to debut its 32-team version in 2025. The previous Club World Cup, which featured just seven teams, was streamed on FIFA+. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Sep 25, 2024; Uncasville, Connecticut, USA; Indiana Fever guard Caitlin Clark (22) reacts during the first half against the Connecticut Sun during game two of the first round of the 2024 WNBA Playoffs at Mohegan Sun Arena.

Caitlin Clark Has Told Unrivaled She Won’t Play in Inaugural Season

Clark has definitively told Unrivaled that she won’t be playing this year.
A photo of Around the Horn's set

‘Around the Horn’ to End 23-Year ESPN Run in 2025

ESPN had reportedly been thinking of canceling the show since the summer.

NBA Legend Hubie Brown Stepping Away From ESPN at 91

Brown has been associated with the league for over 50 years.
Sep 29, 2024; Paradise, Nevada, USA; Las Vegas Raiders owner Mark Davis acknowledges a fan before the start of a game between the Raiders and the Cleveland Browns at Allegiant Stadium.

Mark Davis to Unload More of the Raiders

He’s agreed to give 15% to new owners, shortly after the Brady sale.
podcast thumbnail mobile
Front Office Sports Today

Who Can Actually Afford Juan Soto?

0:00

Featured Today

Nov 18, 2023; Las Vegas, Nevada, USA; Williams Racing driver Logan Sargeant of the United States (2) during the Las Vegas Grand Prix at Las Vegas Strip Circuit.

F1 Grand Prix Upended Vegas Last Year. Stakes Are High for Its..

Stakes are high as F1 gears up for a successful second act.
Classic Football Shirts New York Pop-Up
November 18, 2024

Vintage Soccer Jerseys Have Found a Sweet Spot in the Lucrative U.S...

The money-making shirts are at the prime intersection of memorabilia and fashion.
Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion
November 16, 2024

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?
November 15, 2024

Executive Decision: When Richard Nixon Named a College Football Champion

In 1969, the 37th president unilaterally named the winner of the season.
Nov 19, 2024; Boston, Massachusetts, USA; The Boston Celtics and Cleveland Cavaliers play during the second half at TD Garden.

Cavs vs. Celtics Draws Big TV Numbers in NBA Cup Showdown

The game averaged 1.94 million viewers and peaked at 2.7 million.
November 20, 2024

Comcast’s SpinCo: New Home for USA Network, Golf Channel, Sports Rights

The move by NBC Sports’ parent company reflects how dramatically the linear television business has changed.
November 20, 2024

NFL Ratings Hold Strong Through Election Season, Chiefs Lead TV Pack

In 2016, NFL ratings fell 8% from the prior year.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Nov 18, 2024; Miami, Florida, USA; Philadelphia 76ers center Joel Embiid (21) looks on against the Miami Heat during the third quarter at Kaseya Center.
November 19, 2024

Will NBA Flex Last-Place Sixers From National TV Games?

Philadelphia is 2–11, tied for last in the NBA.
November 19, 2024

Bills’ Dethroning of Chiefs Draws Highest TV Ratings of NFL Season

The massive rating continues Kansas City’s dominance as the NFL’s No. 1 TV team.
November 19, 2024

Netflix Stock Rises Again As Tyson-Paul Fight Sets Streaming Record

The streamer says it generated 108 million global viewers for the bout.
November 18, 2024

NFL Backs Netflix for Christmas Day Doubleheader Despite Recent Issues

The league checks in on the company’s ability to deliver its doubleheader.