Tag: sports
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FIFA World Cup ‘will never be as profitable’ if Infantino is ousted, Trump warns amid global soccer revolt
President Gianni Infantino pushed FIFA’s commercialization drive, which culminated in the largest, most profitable World Cup on record
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Genius Sports’ media surge shows shift beyond sportsbook data
Genius Sports, which provides real-time sports data, reported revenue rose 65% in the second quarter.
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Fox advertising, streaming service Tubi get boost from World Cup
Fox advertising revenue increased 78% during the quarter primarily due to the FIFA Men’s World Cup and growth at ad-supported streaming service Tubi.
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Fox won’t renegotiate NFL media rights before current deal expires, CEO Lachlan Murdoch says
Fox has decided not to renegotiate its current TV deal with the NFL until the expiration of the league’s opt-out clause in 2030, said CEO Lachlan Murdoch.
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Shaquille O’Neal says WNBA players’ treatment of Caitlin Clark is a rite of passage
Harsh fouls against Clark and WNBA officiating have fueled a national debate, with some lawmakers demanding accountability from the league.
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Tanger CEO says World Cup drove up traffic, sales this summer
Tanger CEO Stephen Yalof told CNBC that the company saw increased store traffic and sales this summer because of the World Cup.
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Former chip executives launch athlete discovery platform
SAN FRANCISCO, Aug 4 : Two former Intel executives have teamed with sports industry veterans to launch an online platform designed to help amateur athletes catch the attention of college recruiters and professional scouts.Renée James, the former Intel president who co-founded and sold Ampere Computing for $6
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Larry Berg named next Major League Soccer commissioner
Larry Berg will take over as MLS commissioner from Don Garber next year. He will sell his stake in Los Angeles FC.
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FIFA tests the limits of private equity in sports with World Cup subsidiary sale
UEFA and Concacaf’s rejection of FIFA’s plan to sell a 20% stake in the World Cup’s commercial operations highlights uneasiness with private equity in sports.
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UEFA threatens World Cup boycott over FIFA private equity investment plan
FIFA has faced backlash from global soccer governing bodies over the proposal to allow private investment.
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