Sportradar’s record Q2 revenue prompts firm to raise 2024 expectations
Swiss sportstech Sportradar has upped its financial expectations for 2024, predicting revenue of over €1bn, marking a small improvement on its previous projections.
Publishing its...
Kevin Durant acquires minority share in PSG
NBA superstar Kevin Durant has acquired a minority share in Ligue 1 club Paris Saint-Germain via his investment company Boardroom Sports.
The figure invested by...
Congressional trio voice antitrust concerns about Disney, WBD and FOX’s Venu...
Three members of US Congress have written to the government expressing concerns regarding Venu Sports, a major new sports venture launching later this year.
Senators...
Genius Sports remains confident in 2024 positive cash flow
Genius Sports continues to make revenue gains year-over-year, with the London headquartered sportstech and data group still confident of generating positive cash flow this...
NBA Commissioner looking at new European league or tournament
There is no denying that basketball is quickly, if not already, becoming an international sport, and NBA Commissioner Adam Silver is looking to build...
NBA confirms $76bn broadcast deal as WBD considers suing
After several months, the NBA has finally confirmed an 11-year media rights deal with ESPN/ABC, NBC and Amazon, ending its long-term relationship with TNT...
Amazon’s $1.8bn NBA rights bid matches by Warners Bros Discovery
After seemingly losing broadcast rights for the NBA for the first time in up to 40 years, Warner Bros Discovery (WBD) has confirmed a...
DraftKings and WNBA deal shows marketing value of women’s basketball
Women’s sport presents a growing opportunity for both revenue and brand exposure, a trend which is being increasingly recognised by various firms. The latest...
Stevin Smith joins EPIC’s lived experience mission
As the US betting industry continues to expand, concerns around the impact of problem gambling have grown with it. Responsibility has become a core...
WNBA set for huge broadcast deal worth $2.2bn
The Women’s National Basketball Association’s (WNBA) yearly media revenue is set to quadruple in its next broadcast rights deal.
The Athletic reports that the WNBA...