A Comcast service van in Miami. Getty Images Comcast reports second-quarter earnings before the bell on Tuesday, and Wall Street will be paying close attention to subscriber growth — for both the broadband and streaming businesses. Here is how Comcast is expected to perform, according to estimates from analysts surveyed by LSEG: Earnings per share: $1.12 […]
Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights for a package of games earmarked for another company. Warner Bros. Discovery is targeting the deal between the NBC and Amazon Prime Video, according to a person familiar with the matter. “In an effort to
Warner Bros. Discovery tells NBA it intends to match Amazon’s media rights package Read More »
Jaylen Brown, #7 of the Boston Celtics, shoots a three-point basket against the Dallas Mavericks during Game 5 of the 2024 NBA Finals at TD Garden in Boston on June 17, 2024. Nathaniel S. Butler | National Basketball Association | Getty Images With National Basketball Association media rights approaching final form, Warner Bros. Discovery is
Bob Iger, chief executive officer of The Walt Disney Co., and his wife attend Willow Bay the Allen & Company Sun Valley Conference on July 11, 2024 in Sun Valley, Idaho. Kevork Djansezian | Getty Images Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable
The Olympic Rings being placed in front of the Eiffel Tower in celebration of the French capital won the hosting right for the 2024 Summer Olympics. Sopa Images | Lightrocket | Getty Images Sportsbooks and daily fantasy operators are preparing for a Summer Olympics bump. The games in Paris, set to start July 26, will
More people than ever expected to bet on Summer Olympics after U.S. legal gambling boom Read More »
Volkswagen-owned Audi has struck a multiyear partnership with Inter Miami CF as the team’s official automotive partner. Courtesy: Audi Audi is driving up its sports investments and becoming the official premium automotive partner of Inter Miami CF. The Volkswagen-owned company announced Thursday it has struck a multiyear partnership with the South Florida soccer club as
Audi strikes multiyear partnership with MLS’ Inter Miami CF Read More »
Drew Angerer | Getty Images Media and technology titans will convene in Sun Valley this week to lay the groundwork for the future of streaming — and for potential alliances. Allen & Co.’s annual conference, often referred to as “summer camp for billionaires,” kicks off at a ski lodge in Idaho Tuesday. The conference, which
Media, tech titans head for Sun Valley with streaming alliances top of mind Read More »
Patrick Bertoletti, Geoffrey Esper and other contestants compete in the 2024 Nathan’s Famous Fourth of July International Hot Dog Eating Contest at Coney Island in New York City, U.S., July 4, 2024. Jeenah Moon | Reuters There’s a new top dog in the frankfurter eating world. Patrick Bertoletti won Nathan’s Hot Dog Eating Contest, the
Nathan’s hot dog contest crowns Bertoletti, Sudo after Joey Chestnut debacle Read More »
Women’s soccer is bringing private equity off the sidelines. While other major U.S. sports leagues – Major League Soccer, the National Basketball Association, Major League Baseball and the National Hockey League – have allowed private equity investors to take passive, minority stakes, only the National Women’s Soccer League has allowed these firms to take majority
Women’s soccer draws private-equity interest as team valuations soar Read More »
Sinenkiy | Istock | Getty Images In the wake of 9/11 on an American military base in South Korea, then-Army Staff Sergeant Dave Yeager sat down at a slot machine operated by the Defense Department and made what he now calls the biggest mistake a budding problem gambler can make: He won. “All that stress,
Concerns grow over gambling addiction in the military Read More »
