Bloomberg.com reports that DAZN lost $2.3 billion in 2021 as costs soared and it has lost more than $6 billion since 2016. The article indicates that much of the costs are attributed to rising media rights for soccer. DAZN spent a healthy share of capital into acquiring Italian and German soccer rights which are streamed […]
Stephanie McMahon resigns as co-CEO of WWE
Stephanie McMahon announced her resignation from WWE as co-CEO of the company. The move comes a couple days after Vince McMahon was re-instated as Chairman of the Board of WWE. McMahon announced her resignation in a social media post Tuesday afternoon. This past Spring, McMahon announced a sabbatical from the company to focus on family. […]
Advocacy group calls for White to step down
A group of lawmakers from California have called for Endeavor to oust Dana White from the UFC as a result of a New Year’s Eve video which shows him slapping his wife. The group which states is comprised of state senators and assembly members requests that Ari Emmanuel to remove White as UFC President. Excerpts […]
Davis fight breaks all-time gate at Capital One Arena
PBC’s PPV event featuring Gervonta Davis and Hector Luis Garcia set a record for the DC-area arena with $5.185 million in ticket revenue per a Sports Business Journal report. The event was a sell out with 19,731 in attendance. Davis defeated Garcia after he was unable to answer the bell in the 8th round. The […]
AEW Rampage draws 551K, Battle of Belts 409K Friday
AEW Rampage on TNT Friday night drew 551,000 viewers per Nielsen via ShowBuzz Daily. The Battle of the Belts special immediately after drew 409,000 viewers. The Rampage telecast airing in its normal spot on Fridays finished 30th overall. It drew 0.15 in the A18-49, 0.12 F18-49, 0.18 M18-49, 0.11 A18-34, 0.06 F12-34, 0.10 M12-34, 0.24 […]