Sports

Flutter Reports

Flutter Entertainment, the parent company of FanDuel and FoxBet, grew revenue 27% year-over-year during its third quarter. The company expects a loss of $212-$239 million for the year due to […]

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Spotify’s Megaphone

Spotify has agreed to acquire podcast advertising and publishing firm Megaphone in a deal valuing the company at $235 million. Megaphone’s customers include ESPN and the Wall Street Journal. Advertisers […]

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NFL Playoff Expansion?

NFL owners have agreed to expand the postseason if the season is cut short because of COVID-19 cancellations. If the NFL can’t complete its 16-game schedule even with a possible […]

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Cohen’s Commitment

Steve Cohen put a five-year timeline on winning the World Series during his introductory press conference Tuesday as the New York Mets’ new owner. He also made the commitment to […]

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FuboTV’s Strong Quarter

FuboTV delivered its strongest quarter in the company’s history, growing paid subscribers 58% year-over-year. Revenues climbed 47% year-over-year to $61.2 million. The 455,000 paid subscribers generated an average of $67.70 […]

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Olympic Bubbles

Olympic sports are now turning to bubbles in an effort to ensure the Tokyo Games go off without a hitch in July. A test was held this past weekend in […]

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Reebok Suitors

Several private equity firms are reportedly looking to buy Reebok. London-based Permira and Triton have been linked to the Adidas subsidiary less than a month after rumors surfaced it was […]

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Callaway Sets Record

Callaway Golf had $476 million in net sales during its third quarter, a 12% year-over-year increase and a new company record. Net income reached $52 million during the quarter, up […]

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Take-Two’s Next Move

Take-Two Interactive made a $974 million offer for British game developer Codemasters Group. Executives at Take-Two believe Codemasters’ official Formula 1 racing games would complement its current titles like Grand […]

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Switch Soars

Nintendo sold 12.5 million Switch consoles from April to September, an 81% year-over-year increase. During the same six month period, Animal Crossing: New Horizons sold more than 14 million copies. Thanks […]

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