sports
New and emerging leagues are attracting the most VC funding in sports, data shows.VC deals tracked by PitchBook show a rebound in funding to US sports startups in 2024.Some categories, like media and gambling, raised less money last year than in recent years.New leagues, women’s teams, and youth and amateur…
Netflix’s Jake Paul vs. Mike Tyson fight and NFL games drove surges in daily signups, data shows.These 2024 events were among Netflix’s early entries into live sports.The new subscription data shows the live sports strategy is paying off for the streaming giant.Live sports are paying off for Netflix, new subscription…
Major League Soccer starts its 30th season this Saturday, looking to capitalize further on “the Messi effect.”Inter Miami and MLS use ScorePlay to manage and distribute content efficiently amid rapid expansion.ScorePlay secured $13 million in Series A funding to enhance features and support for sports content needs.Major League Soccer kicks…
This NFL season has been bad for sportsbooks, mostly because gamblers kept winning.Betting favorites largely came out on top during the season.In Super Bowl 2025, an Eagles win against the Chiefs in a high-scoring game could hit sportsbooks’ revenue.Americans are expected to legally bet $1.4 billion on the Super Bowl…
Alex Morgan is a former professional soccer player and was captain of the U.S. National Team.The two-time World Cup champion now runs Trybe Ventures, which invests in the sports space.Morgan is looking to bet on women’s teams as well as AI, wellness, and sports media startups.When professional soccer player Alex…
Netflix had a blowout quarter, helped by live sports events.But Netflix insists it won’t break the bank with sports.Netflix sees sports as part of live programming, which benefits its ad growth.Netflix just delivered another blockbuster quarter, helped by record-breaking sporting events. But the streamer was quick to tamp down speculation…
Investing.com — Shares of JD Sports (LON:) dropped 10% on Tuesday after the UK-based retailer lowered its full-year profit forecast, citing a “challenging and volatile” trading environment. Despite a 3.4% growth in organic revenue over the nine weeks to January 4, the company said market headwinds had weighed on its…
Disney, Fox, and Warner Bros. Discovery have canceled Venu, a would-be sports streaming service.The decision was announced days after announcing plans to launch the service.What happened in between?On Monday, the people behind Venu — the sports streaming service co-owned by Disney, Fox, and Warner Bros. Discovery — were gearing up…
Disney and partners have settled with Fubo to relaunch the Venu sports streaming service.Venu’s launch was delayed due to an antitrust suit filed by Fubo.Disney will merge Hulu + Live with Fubo, creating a major digital TV service.Remember Venu, the sports streaming service co-owned by Disney, Fox, and Warner Bros.…
By Dawn Chmielewski (Reuters) – Three major media companies will ask the U.S. Court of Appeals on Monday to reverse a ruling that blocked the launch of their Venu Sports streaming service, arguing that a district court judge was wrong to halt its planned debut on antitrust grounds. Walt Disney…
