News

Lack of Stars at Wimbledon, Olympics Costs Networks

A number of tennis stars, including Rafael Nadal, Serena Williams, and Naomi Osaka, will be absent from Wimbledon or the Olympics.

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China Generating Millions In Euro 2020 Sponsorships

Chinese businesses are capitalizing on Euro 2020, attracting new customers and gaining exposure in existing markets.

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Shaq-Advised Beachbody Goes Public In $2.9B Deal

The Beachbody Company Group, LLC, is valued at $2.9 billion and is expected to begin trading publicly on Monday.

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Xponential Fitness Files for IPO, Seeks $1.3B Valuation

Xponential Fitness, a franchisor of boutique fitness brands, filed for an initial public offering seeking a valuation of about $1.3 billion.

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RedBird Expands Sports Portfolio with Cricket Investment

RedBird Capital has acquired a 15% stake in the Indian Premier League’s Rajasthan Royals, valuing the cricket team at $250 million.

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Fanatics Plots on Sports Betting Market

Fanatics reportedly hired former FanDuel CEO Matt King this week, further integrating with the sports betting and gaming space.

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Andy Murray’s Wimbledon Victory to Launch Beeple’s New NFT Project

Beeple is launching a new project to produce, showcase and sell NFTs, and he’s starting with Andy Murray’s 2013 Wimbledon victory.

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Sportradar to Integrate Betting Into Sports Broadcasts

Sportradar is teaming up with LiveLike to create emBET, an industry-first, real-time integrated betting technology.

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$550M Bill Introduced to Help Struggling Minor League Teams

A bill introduced in the U.S. Senate could allow minor league teams to access a pool of unused pandemic relief funds.

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MLS Launching New League, Expanding To New Cities

Major League Soccer is expanding its reach by launching a new professional league to serve as a pathway to the MLS.

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