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In the paid streaming wars, where only a few players will be favored, Disney has established itself as a formidable No. Disney has been pushing a lower-priced ad tier and cracking down on password sharing to drive subscriber growth at Disney+. To see what Disney and Hulu pay for certain jobs, Business Insider analyzed recent work-visa disclosures. Most of the roles were tech jobs, including data scientist and software engineer roles. Disney Streaming — $120,000 to $385,057 a yearDisney streaming roles, not including Hulu, Disney has offered between $120,000 and $385,057 a year to some candidates on US work visas.
Persons: Bob Iger, It's, Hulu, Elaine Low, Colin Salao Organizations: Disney, Netflix, ESPN, Star, Business, Netflix's, Hulu, Disney's, Fox Corp, Warner Bros, US, of Foreign Labor, Labor, Consumer, Software Engineering, Data Engineering, Business Intelligence, Software, Account, Growth, Hulu —, Management, Security, Network, Disney Entertainment, Disney Financial Services, Human Resources Services, Workforce Technology, Engineering, Disney Parks Technology, Technology, Digital, Retail Commerce, Disney Worldwide, Walt Disney Attractions Technology, Walt Disney Parks and Resorts, Walt Disney Pictures, & $ Locations: Hulu, Disney
College athletes make money by posting branded content on social media and attending events with fans. Read more about the flow of NIL money in college sportsThe remaining 20% comes from brand deals, per Opendorse. Men's basketball players make the most from brand deals, the company has found. Read more about how the company boosted social-media engagement by hiring college athletes from niche sports like golf and cheerleadingSome college athletes have become social media stars, especially female students. Reese is one of the most followed college athletes and has signed NIL deals with companies like Amazon, Airbnb, and Playstation.
Persons: influencers, Read, Phoenix Sproles, It's, Kristi Dosh, they're, USC's Bronny James, LSU's Olivia Dunne, Angel Reese, Paige Bueckers, Caitlin Clark, Flau'jae Johnson, Chase Griffin, outperforming, Bryce Adams, Opendorse, Braly Keller, Doug Edert, LSU's Reese, Reese, Matthew Hinton, Blake Lawrence, Colin Salao Organizations: Phoenix, BusinessofCollegeSports.com, University of Minnesota, Dinkytown, Power Five, UCLA, JPMorgan Chase, Chase Griffin Student, Buffalo Wild Wings, St, Peter's University, Amazon, PlayStation, AP, Nike, Adidas, Companies Locations: Ohio
Here are pitch decks 10 sports startups used to raise millions in Series A and Seed rounds. This has opened the opportunity for startups to build marketplaces or creator tools to help student-athlete creators. Insider talked with a handful of sports startup founders who've pitched their startups to investors about their process. They broke down the pitch decks they used to secure millions of dollars in funding. Read the pitch decks that helped 10 sports-focused startups raise millions of dollars:This post has been updated with new information.
Persons: It's, Kevin Kim, Kim, who've Organizations: Sports, Venture, Technology, Labs, NBA Locations: California
But despite the MetLife lounge remaining open throughout the 2021-22 NFL season, the Fubo Sportsbook wouldn't launch in New Jersey until the following one, in September 2022. "It was doomed from the start," one former Fubo Gaming staffer told Insider. Meanwhile, Rattner — whom the first former Fubo gaming staffer described as a "good talker" — sustained the startup's more youthful culture. The Fubo Sportsbook launched in New Jersey on September 7, days before the first Jets home game. A promotional image from when the Fubo Sportsbook went live in New Jersey in September 2022.
Recent work-visa data shows how much the company offers to pay certain staffers. Salaries in the data ranged from $57,100 to $233,200 for mainly tech jobs in its retail division. It included base salaries for mainly tech jobs in the retail division, ranging from a data engineer position that would make $110,000 per year to a director of product management that would earn between $201,968 and $231,750 per year. For example, the data included a pay rate of $125,486 to $130,000 for an experimentation strategist position. Here were the salaries for jobs at Fanatics SPV:Director, Influencer Relations : $195,042 to $200,000: $195,042 to $200,000 Senior Platform Engineer: $144,726 to $165,000This story has been updated to reflect the latest available data.
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Stars like LeBron James and Kevin Durant have shown that athletes can build lucrative media businesses. Meet the people helping athletes tell their stories and build their brands off the field or court. Many of these athletes are driven by the behind-the-scenes work of their talent managers and agents. Insider is highlighting for the first time those talent managers and agents who are guiding athletes as they build successful careers in entertainment and content creation. These people are helping athletes elevate their social content, strike brand deals, launch podcasts, or break into TV and film.
Netflix's Formula 1 series, "Drive to Survive" is the model other streamers and leagues hope to emulate. Insider identified 11 top companies making scripted and documentary sports content to feed the boom. Investment firms Shamrock, RedBird Capital, and Providence Equity have all made sports content plays, with Shamrock spearheading an investment in Religion of Sports in June. Speaking to buyers, sellers, and other industry stakeholders, Insider identified 11 production companies making the most sought-after sports content. These shingles are poised to capitalize — with many attracting investment and acquisition interest — as Amazon and other streamers keep buying.
Jon Seaton is a junior defensive lineman for Elon University in the Division I Football Championship Subdivision. Since NIL rules were implemented, he's earned over $250,000 through deals with Meta and Dr. Pepper. "I actually had no clue at that point where I was going to feed myself from," Seaton said. Tim Curran told Insider he has avoided small deals for Seaton worth $25 to $50, which has pushed up the value of each sponsored post the athlete makes. Seaton believes that NIL could help student-athletes like him, who aren't pursuing careers as professional athletes, become business leaders.
He's bullish heading into 2023 on physical collectibles because supply is limited but constantly created. He thinks digital collectibles will have a place in the industry when the market is less volatile. A July report by Market Decipher estimated the size of the sports-memorabilia market at $26.1 billion as of 2022 and predicted it to rise to $227 billion by 2032. Vasu KulkarniCourtside VC invests in all facets of the sports space, but Kulkarni leads the collectibles portfolio. Kulkarni thinks the NFT market will become less of a "money-making mechanism" and more tied to real-world utilities, which could make it less volatile.
Analysts expect Iger to make major changes to ESPN's broadcasting strategy for live sports. Bob Iger has been reinstated as the CEO of the Walt Disney Company, replacing Bob Chapek after less than three years at the helm. Iger's return has boosted Disney's stock price by 6% in the past day with experts predicting major strategic changes within the company. The cost of these rights deals have also continued to shoot up amid the transition from linear TV to direct-to-consumer services. It actually strengthens the brand of ESPN when you have a betting component, and it has no impact on the Disney brand."
Vasu Kulkarni is the founder and CEO of Courtside VC, a venture firm focused on sports. His company was one of the early investors of StockX and The Athletic, but "missed" on Overtime. Kulkarni built Courtside VC to help sports startup founders like himAs Krossover grew into a multimillion-dollar company, Kulkarni began to realize the opportunity to invest in other sports-related startups. But Courtside VC has hit on enough startups to raise another $55 million in 2019. Courtside VC has invested in focusing on youth sports, fitness and wellness, esports, sneaker culture, and real-money gaming.
The NFL has partnered with Skydance Sports to create a "global multi-sport production studio." Netflix's Formula 1 series, "Drive to Survive" is the model other streamers and leagues hope to emulate. Insider identified 11 top companies making scripted and documentary sports content to feed the boom. NFL is muscling into the booming sports production world, investing in a new joint venture with David Ellison's Skydance Sports. Speaking to buyers, sellers, and other industry stakeholders, Insider identified 11 production companies making the most sought-after sports content.
Here are pitch decks that nine sports startups used to raise millions in Series A and Seed rounds. This has opened the opportunity for startups to build marketplaces or creator tools to help student-athlete creators. Insider talked with a handful of sports startup founders who've pitched their startups to investors about their process. They broke down the pitch decks they used to secure millions of dollars in funding. Read the pitch decks that helped nine sports-focused startups to raise millions of dollars:
Four student-athletes told Insider how much they've made from NIL and how they've secured deals. Deals ranged in value from free stuff to a few thousand dollars per post, depending on the athlete's reach. But there are about half a million NCAA athletes with differing skill-levels, reach and influence, and this affects the size of their NIL endorsements. Betts has since secured dozens of NIL deals and shared with Insider the email template and resume he uses to pitch to brands. He's one of four student-athletes from different NCAA divisions who shared with Insider how much they've made and how they've secured their NIL deals.
Mojo is an app that lets users bet on an NFL player's performance like it's a stock. See the pitch deck that helped get the NFL Players Association to invest. It also announced in September an additional $25 million in equity and venture debt, with big-name investors including the NFL Players Association. MojoMojo isn't the first startup to bring elements of the stock market to gambling, as the US market grows. "Mojo's sports stock market is really the first of its kind, and we're incredibly excited to join as an investor," Steve Scebelo, president of NFL Players, Inc., said in a statement.
California rejected on Tuesday two ballot propositions that would have legalized sports betting. California voters rejected on Tuesday two ballot measures that would have legalized sports betting in the state in 2023. Sports betting is legal in some capacity in 33 states, but California is unlike any other state in the country. "This outcome is a sign that there's going to need to be far more consensus among gambling stakeholders to get sports betting done in California," Grove said. The company had invested $17 million to try to legalize sports betting in California.
Insider is compiling a list of the top managers and agents helping athletes build careers as creators. Nominees can include manager or agents of professional or amateur athletes. Many of these athletes are driven by the behind-the-scenes work of their talent managers and agents, similar to the role of Maverick Carter and Rich Paul in driving the off-court success of LeBron James. These agents and managers negotiate media opportunities for athletes and work on brand building through sponsorship deals and live events. We're putting together our inaugural list of the leading talent managers and agents in this space, and want to hear from you about who's wielding the most innovative deals and top clients.
The company has leaned in, setting up sponsorship deals with teams and leagues. Tune into a professional rugby match in one of Europe's Six Nations leagues and it's impossible to miss TikTok's branding plastered all over the field. Twelve of the top 25 fastest growing brands on TikTok between March 2021 and March 2022 were sports teams or leagues. The company has even tested streaming live games that are shot vertically to match TikTok's video format. Enya Breen of Ireland kicks a late try conversion during a TikTok Women's Six Nations match on April 30, 2022.
Brandon and Jayden Beloti are brothers who played basketball for Elizabeth City State University. Each had a few hundred thousand followers on TikTok when new NIL rules kicked in on July 1, 2021. The Beloti brothers played basketball during the 2021-22 season for Elizabeth City State University, a HBCU in Division II of the NCAA. The brothers' TikTok followings helped them easily secure NIL dealsBoth brothers began to balance being creators with their school and basketball lives. The Beloti brothers are now focused on building careers as creators with Zone 6(left to right) Jayden and Brandon Beloti representing Zone 6.
Data shows the top 10 women's basketball athletes include the Cavinder Twins and Paige Bueckers. The apparel giant's signings show that major companies are embracing NIL deals with women's basketball student-athletes, and data shows why. Women's basketball athletes posted the highest engagement rate with a 9.4% engagement rate on TikTok, which is nearly 10 times higher than standard influencers. The company averaged the engagement rates of individual athletes to determine the overall engagement rate for each subset of athletes. Here are the top 10 women's basketball athletes and their engagement rates during the first year of NIL:
Data shows the top 10 women's basketball athletes include the Cavinder Twins and Paige Bueckers. The apparel giant's signings show that major companies are embracing NIL deals with women's basketball student-athletes, and data shows why. Women's basketball athletes posted the highest engagement rate with a 9.4% engagement rate on TikTok, which is nearly 10 times higher than standard influencers. The company averaged the engagement rates of individual athletes to determine the overall engagement rate for each subset of athletes. Here are the top 10 women's basketball athletes and their engagement rates during the first year of NIL:
Insider asked VC investors which sports startups they find the most innovative. We asked each investor to nominate companies, including one outside their investment portfolio. The top startups are innovating on the models for leagues, betting, athlete performance, and more. Insider asked 10 top venture capitalists who focus on sports to name the most innovative startups in the industry in 2022. Athlete performance is also a hot topic for investors, who highlighted startups like Diamond Kinetics, biomarker scanner Spren, and Veo.
The Times' news division has also expanded by hundreds in recent years and now employs about 1,700 journalists. The public data show how much the media company offered to pay foreign staffers it sought to hire in the US for jobs including editorial, data, engineering, and business-side positions. Editorial and some business employees at the Times are unionized, setting salary ranges for some positions at the company. Based on the data, the Times offered from late 2019 through the middle of 2022 annual base salaries ranging from $53,392 to $306,000 for various roles. In cases where the company submitted multiple applications for a particular job, such as a software engineer, we included the range of those wage rates.
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Insider spoke with 11 "micro" influencers about how they price their rates for paid sponsorships. Some "micro" influencers — those with between 10,000 and 100,000 followers on Instagram — are making thousands of dollars from brand sponsorships. Still, micro influencers face some obstacles without huge followings and business teams behind them. One method two micro influencers said they used to combat this was setting standard rates as a starting point for brand negotiations. The micro influencers are listed below, with the most recent interview first.
Nominees may include active or recently retired professional or amateur athletes. LeBron James, Pat McAfee, and Alex Morgan are just some of the athletes that have started media companies. Recently retired athletes are those that have retired within the last five years (since 2018). Eligible retired athletes include Brandon Marshall (last played in 2018) and Redick (retired in 2021). Ineligible athletes include Lobo (2003), Rose (2007), and Pat McAfee (2017).
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