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☆ Here's why the NFL decided to partner with Netflix for Christmas Day games
▼ + stars: | 2024-05-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why the NFL decided to partner with Netflix for Christmas Day gamesBrian Rolapp, NFL chief media and business officer, joins 'Squawk on the Street' to discuss why the NFL's partnership with Netflix makes sense, how it fits into the league's global expansion plans, and concerns around market fragmentation.

Persons: Brian Rolapp Organizations: NFL, Netflix

☆ David Tepper's Appaloosa is betting big on Chinese tech stocks
▼ + stars: | 2024-05-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Billionaire investor David Tepper's hedge fund increased its bets on Chinese tech stocks during the first three months of 2024, while dialing back exposure to some key domestic names. Appaloosa Management's quarterly report on Wednesday showed that Alibaba is now its top holding after buying several hundred million dollars worth of shares. The fund also revealed that it holds put options against Microsoft , which could indicate more selling in the second quarter. Outside of technology, Appaloosa exited a small position in hospital stock HCA Holdings and added a small position in Boeing . Chinese tech stocks have been trending higher, however, with the KWEB up 19% in the second quarter.

Persons: David Tepper's, Tepper Organizations: PDD Holdings, Baidu, Adobe, iShares FTSE, CSI China Internet, Microsoft, Holdings, Boeing, Quarterly, Carolina Panthers Locations: ., iShares FTSE China

☆ The portfolio manager whisperers
▼ + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +24 min

AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.

Persons: Taylor Swift, Travis Kelce, Goldman Sachs, —, That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, —, Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny

Kline was drafted in 2000 by the St. Louis Rams (now the Los Angeles Rams). He was an offensive lineman until 2002, when he left the NFL after sustaining several concussions. The boutique Los Angeles firm focuses almost exclusively on sports dealmaking — though it also works on capital raises and makes its own investments. The firm's website says it has also advised on deals for franchises like the Golden State Warriors, the Miami Heat, the Los Angeles Dodgers, Bologna FC, and the San Francisco Giants. Kline works alongside Sean Clemens and Edwin Draughan, who focus on sports mergers and acquisitions.

Persons: Andrew Kline, Park Lane Andrew Kline, Lane Kline, Kline, Sean Clemens, Edwin Draughan Organizations: St, Louis Rams, Los Angeles Rams, NFL, Athletes ' Agency, Cincinnati Bengals, MLB's Cincinnati Reds, Sports Business, Golden State Warriors, Miami Heat, Los Angeles Dodgers, Bologna FC, San Francisco Giants, NCAA Locations: San Diego, Los Angeles, Angel

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Since then, private-equity firms have poured $54.6 billion into sports, according to PitchBook data. And the field of potential investors is growing with Goldman Sachs helping rich clients invest in teams, which can drive up prices. AdvertisementLeagues also restrict PE investments, with some caps on the number of teams a firm can own stakes in or the ownership share a fund can hold. Scroll down to read about the private equity firms, listed alphabetically, that have been making the biggest moves in sports in recent years.

Persons: —, Josh Harris, Rob Walton, Carlyle, Ben, Blackstone, Goldman Sachs, Harris, Blackstone Group's David Blitzer, Lauren Leichtman, Arthur Levine, Sportico, RedBird, Gerry Cardinale, There's Organizations: Service, MLB, NBA, Business, Washington, Denver Broncos, Amazon, Sports, Ben Fund, Bluestone Equity Partners, GMF, Apollo Global Management, Blackstone Group's, Levine, Capital Partners, San Diego Wave, NFL Locations: downturns

☆ How much Amazon pays employees for Prime Video jobs
▼ + stars: | 2024-04-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +1 min

Amazon is spending big on content and new hires as it takes on Netflix, Disney+, and others in streaming. It recently listed 255 job openings at Prime Video, 100 of them in the US. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementWhile most of Hollywood has trimmed its entertainment budget, Amazon shelled out $18.9 billion on music and video in 2023, a 14% increase, according to its annual report. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Netflix, Disney, Service, Business Locations: Hollywood

☆ Caitlin Clark, the top rookie female basketball player in the US, is making less than the average detective or acupuncturist
▼ + stars: | 2024-04-16 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Caitlin Clark will earn less in the WNBA than some trade jobs – and the average athlete. Despite her low base salary, Clark could make over $3 million from brand sponsorships and endorsements. Clark, who wore a $17,000 Prada outfit to the draft, will make an estimated base salary of $76,535 in her first year. Lower-level draft picks make $64,154 as a base salary, but salaries are much higher for non-rookie players: The highest-paid WNBA players make over $200,000 in base salary. Despite the low base salary, Clark, who has over two million social media followers, stands to make major money from brand sponsorships and endorsements.

Persons: Caitlin Clark, Clark, —, she'll, I've Organizations: WNBA, NBA, Service, Basketball Association, Indiana Fever, NCAA, of Labor Statistics, Bureau of Labor Statistics, Revenue, Bloomberg, Nike, Gatorade, State Farm Insurance

☆ The NFL is starting a new Christmas tradition and it will change how millions of Americans spend the holiday
▼ + stars: | 2024-04-12 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

If that trajectory continues, NFL games on Christmas could be an annual tradition moving forward, and the move could have a huge impact on how millions of Americans spend the holiday. Previously, the NFL only played on Christmas when it fell on one of the traditional days for NFL games — Sunday, Monday, Thursday, and Saturday. The 2023 Christmas games were three of the 19 most-watched programs on TV last year, according to Nielsen. In March 2023, NFL Commissioner Roger Goodell told the media that short-week games do not lead to more injuries. On the other hand, CBS aired 107 games in 2023, but only six were national TV games.

Persons: —, Taylor Swift, Jon Lewis, Lewis, Aaron Ontiveroz, Roger Goodell, Mike Florio, NBC's, Ethan Miller Organizations: Service, NFL, Business, CBS, San Francisco 49ers, New York Giants, Philadelphia Eagles, Las Vegas Raiders, eventual Super Bowl, Kansas City Chiefs, Nielsen, Turkey, Sports Media, NBA, Hollywood, NBC's NFL, ESPN, TV, NBC, Fox Locations: Denver

☆ Insiders break down Amazon's sports strategy and the low-key but powerful exec behind it, as the tech giant eyes NBA rights
▼ + stars: | 2024-03-29 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

One of them is Jay Marine, who oversees Amazon's sports business as VP of Prime Video and global head of sports. Chris Graythen/Getty ImagesMarine's next move could be for the NBA, which Amazon craves for its young, global fan base. Advertisement"For us, everything starts with Prime," Marine told CNBC in a rare interview last fall. AdvertisementApart from its big bet on "TNF," Amazon's sports moves have been largely incremental. The deal lets Diamond continue airing local NBA broadcasts, which makes it more likely Amazon will bid for national NBA rights, analyst Ben Thompson of Stratechery wrote.

Persons: —, Jeff Bezos, Jay Marine, Bezos, Andy Jassy, Chris Webber, Tyrone Wheatley, scrappy, Chris Graythen, Ben Thompson, Stratechery, Marine, Patrick Crakes, it's, Marie Donoghue, Mike Hopkins, Amazon's, John Kosner, Donoghue, Kantar, signups, He's Organizations: Service, Marine, Business, US, Premier League soccer, Industry, The, Sports, WBD, NASCAR, NBC, NBA, Amazon, Disney, Warner Bros, Discovery, Apple, Netflix, CNBC, Amazon MGM Studios, Premier Boxing Champions, Diamond Sports, Diamond, Premier League, WNBA, National Women's Soccer League . Media, ESPN, DraftKings, Warner Bros . Locations: London, The New Jersey, Amazon

☆ The NFL's annual meeting is happening now. Here are 6 firms that stand to win if the league opens its doors to new investors.
▼ + stars: | 2024-03-25 | by ( Tiara White | Alex Nicoll | ) www.businessinsider.com time to read: +4 min

This year's meeting is being closely watched by Wall Street because of a planned discussion about whether to start letting team owners sell stakes to private-equity firms and other institutional investors. So who stands to benefit if the NFL owners agree to a rule change? AdvertisementThe sports investing experts who spoke to BI pointed to private-equity firms with established histories in sports investing, like Dyal HomeCourt, Arctos Partners, and RedBird Capital. Lutsky also thinks a rule change could prompt more financial industry newcomers to try to break into the world of sports investing. See BI's list of private-equity firms that could benefit from an NFL rule change, according to 6 finance experts and industry insiders, from bankers to investment advisors:

Persons: —, Arun Muralidhar, Muralidhar, Tim Schlittner, Jonathan Lutsky, Lutsky Organizations: Service, NFL, Tennessee Titans, Forbes, Business, NBA, NHL, MLB, Mcube Investment Technologies, Drake Star Partners, BI, Arctos Partners, RedBird, Partners, Sports Locations: Orlando , Florida

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow ESPN is trying to stay relevant as cable declinesESPN has been the most dominant sports channel for more than 40 years. It holds live sports rights including the NFL's Monday Night Football, the NBA and the WNBA. But as millions of Americans cancel their cable TV subscriptions and big tech companies like Amazon and YouTube bid on live sports, ESPN has had to adjust — or decline along with the pay-TV business. CNBC sat down with former and current executives to talk about the future of the sports juggernaut.

Organizations: ESPN, Football, NBA, Amazon, YouTube, CNBC

☆ Who's going to pay $50 a month for a sports streamer that doesn't have all the sports?
▼ + stars: | 2024-03-04 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

What we still don't know: Why would someone pay $50 a month for this? AdvertisementAfter all, if you like paying for streaming TV, you can pay $73 a month for YouTube TV. So, again: If you're a big enough sports fan that you want to pay for streaming TV, don't you also want all of the sports on streaming TV? And, yes: Spending $50 a month on something instead of $73 a month on something is meaningfully cheaper. Now he's asking them to pay an extra $50 a month — and not get everything they want.

Persons: Lachlan Murdoch, it's, —, Here's, Murdoch, Brendan McDermid, they're, They're, he'll Organizations: Service, Fox Corp, Disney, Warner Bros, Comcast, YouTube, REUTERS, NFL, CBS, league's AFC, NBC, Amazon, Media Locations: America

INDIANAPOLIS (AP) — The signs are all around downtown Indianapolis now: NBA All-Star weekend finally has arrived. Posters of the All-Star players cover Lucas Oil Stadium, home of the NFL's Indianapolis Colts and host to All-Star Saturday Night, and Gainbridge Fieldhouse, home of the Pacers and WNBA's Indiana Fever and site of Sunday's All-Star Game. There's even a larger-than-life graphic of Pacers star Tyrese Haliburton on the towering 33-story glass facade at the JW Marriott hotel. “When we had to shift the All-Star Game off of 2021, we were trying to figure out when it would work out and we landed on 2024,” NBA Commissioner Adam Silver said in October. “But that three years, I think, has really turned out to benefit us.”Now, the Pacers appear ready to shine under the spotlight of a second All-Star weekend.

Persons: Larry Bird, Rick Fuson, Kareem Abdul, Jabbar, Magic Johnson, Ralph Sampson, Bird, Michael Jordan, Isiah Thomas, Gainbridge, Tyrese Haliburton, Heck, Adam Silver, Herb Simon, “ We’re, ”, Steve Simon, Herb's Organizations: INDIANAPOLIS, New, Indianapolis, Indiana Pacers, Hoosier, Indy, NBA, CFP, Lucas Oil, Indianapolis Colts, Pacers, WNBA's Indiana, JW Locations: Indianapolis, Atlanta, Indiana, skywalks, Haliburton

LAS VEGAS (AP) — The great adventure Taylor Swift promised fans in Tokyo continued Sunday at Allegiant Stadium, where the pop star planned to watch boyfriend Travis Kelce and the rest of the Kansas City Chiefs play the San Francisco 49ers in the Super Bowl. Kelce then invited her to watch him perform at the home of the Chiefs, and she showed up for a Week 2 game against Chicago. Swift soon became a regular at games, both home and away, frequently sitting with Brittany Mahomes, the wife of Kansas City quarterback Patrick Mahomes. Photos You Should See View All 21 ImagesFew will be under a brighter spotlight than Swift, though. The international leg of her Eras Tour resumes Friday night with the first of three shows at the Melbourne Cricket Ground.

Persons: Taylor Swift, Travis Kelce, Swift, songstress, Kelce, Brittany Mahomes, Patrick Mahomes, Ryan Reynolds, Blake Lively, Usher, Post Malone, Reba McEntire, ”, “, ___ Organizations: LAS VEGAS, Kansas City Chiefs, San Francisco 49ers, Super, Airport, Arrowhead, Chiefs, Chicago, Kansas City, Post, Melbourne Cricket Locations: Tokyo, Japan, Los Angeles, Las Vegas, Instagram

Super Bowl 58 in Las Vegas on Sunday is shaping up to be quite a doozy. The 49ers haven't won a Super Bowl since 1995 but have been among the NFL's best teams the past several years, losing to the Chiefs in Super Bowl 54. Here's a guide for watching Sunday's game:What time does the Super Bowl start? Who is performing at the Super Bowl halftime show? In previous years, most Super Bowl performers have included guest stars — except for Rihanna, who was a solo act last year.

Persons: Patrick Mahomes, Travis Kelce, Andy Reid, Brock Purdy, Christian McCaffrey, Nick Bosa, there's Taylor Swift, 49ers haven't, Usher, won’t, Rihanna, Reba McEntire, Jonathan Landrum Jr, ___ Organizations: Kansas City Chiefs, San Francisco 49ers, Mr, Chiefs, Super Bowl, 49ers, Super, CBS, Nickelodeon, Paramount, YouTube, Hulu, AP Locations: Las Vegas

☆ NFL-Chiefs Beat 49ers to Repeat as Super Bowl Champions
▼ + stars: | 2024-02-11 | by ( Feb. | At P.M. | ) www.usnews.com time to read: 1 min

LAS VEGAS (Reuters) - The Kansas City Chiefs beat the San Francisco 49ers 25-22 in overtime on Sunday to secure their second consecutive Super Bowl title and cement their status as the National Football League's latest dynasty. The Chiefs have now won three Super Bowls in five years and are the NFL's first repeat champions since the New England Patriots in February 2005. (Reporting by Steve Keating in Las Vegas. Editing by Peter Rutherford)

Persons: Steve Keating, Peter Rutherford Organizations: LAS VEGAS, Kansas City Chiefs, San Francisco 49ers, National Football League's, Chiefs, New England Patriots Locations: Las Vegas

Now, if a league or network isn't doing something to appeal to younger fans, they are behind the times. Nickelodeon will air its fifth NFL game on Sunday when the Kansas City Chiefs face the San Francisco 49ers for the Vince Lombardi Trophy. Networks and leagues also continue to experiment with social media and creating more viral highlights to keep younger fans interested. “There’s just so many more tools now at our disposal to address the complex consumption habits of young fans. The pie has many more pieces to it for young fans,” Lehanski said.

Persons: Vince Lombardi, Sean McManus, “, ” McManus, they've, SpongeBob SquarePants, Patrick Star, Travis Kelce, it's, ”, Hans Schroeder, “ I’ve, Nate Burleson, Marvel, Dave Lehanski, Goofy, SpongeBob, Bruce Beck, Julie Sobieski, ESPN's, “ There’s, ” Lehanski, ___ Organizations: CBS, NFL, Nickelodeon, Kansas City Chiefs, San Francisco 49ers, CBS Sports, Media, Disney, ESPN, Atlanta Falcons, Jacksonville Jaguars, Nielsen, NHL, Big City Greens, NBA, Business Development, Innovation, Walt Disney Company, MLB Little, Williamsport, . Networks Locations: London, Williamsport , Pennsylvania

HENDERSON, Nev. (AP) — The Super Bowl represents a natural ending point to the season, one for which every team in the NFL strives. “Listen,” Reid acknowledged this week, “every team is going to be a little bit different. The two biggest decisions staring at the Chiefs involve what to do with Chris Jones and L'Jarius Sneed. Jones, the All-Pro defensive tackle, has been a part of each of their Super Bowl runs, and the Chiefs would love to keep him around the next few years. The Chiefs probably would have the cash available for Jones if they didn't also want to sign Sneed to a long-term deal.

Persons: HENDERSON, ”, Andy Reid, Travis Kelce, Patrick Mahomes, ” Reid, “, Chris Jones, L'Jarius Sneed, Jones, Sneed, ’, Brett Veach, Chris, Donovan Smith, Willie Gay Jr, Derrick Nnadi, Tershawn Wharton, Tommy Townsend, ” Veach, Nick Bolton, Creed Humphrey, Trey Smith, Justin Reid, Charles Omenihu, ” Mahomes, Reid, Clark Hunt, hasn't, ” Hunt, haven’t, ” Kelce, Taylor Swift, I've, I'm Organizations: NFL, Kansas City Chiefs, San Francisco 49ers, Chiefs, Super Bowl, Hollywood Locations: Nev, Las Vegas

☆ Taylor Swift's world tour is a promotional windfall for the NFL as it tries to grow its international fanbase
▼ + stars: | 2024-02-10 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Taylor Swift is en route to support Travis Kelce in the Super Bowl after her Tokyo concert. Some of Swift's fans in Tokyo were wearing Kelce's Kansas City Chiefs jersey. Swift's tour is welcome marketing for the NFL as it works to scale internationally. Executives said in the announcement that the NFL intends to increase the number of international games annually to break into new international markets. Tokyo itself has been home to more international NFL games than any other city in the world.

Persons: Taylor Swift, Travis Kelce, —, Travis Kelce's, repping, Swift, it's Organizations: Super, Kansas City Chiefs, NFL, Service, Kansas City Chiefs merch, Chiefs, Tokyo, Kansas City, New York Times, Times Locations: Tokyo, Japan, Spain, Madrid, Kansas, Kansas City , Missouri

Historically, Asian Americans have been stereotyped as more brains than brawn or treated as foreigners in U.S. sports. Growing up Asian and Black American or “Blasian” in Orange County, California, Remigio didn't feel a sense of belonging. Historically, in U.S. sports, Asian American men have been treated as outsiders and their masculinity questioned. Asian Americans are always kind of troubling and in this liminal space of a black-white binary, even in sports.”Arnaldo, who co-edited the book “Asian American Sporting Cultures,” said it makes business sense for the NFL to try to appeal to Asian American spectators. There are at least two dozen NFL players of Asian or Pacific Islander descent, according to AMAZN HQ, an online hub curating news on Asians and Asian Americans in sports.

Persons: Nikko Remigio, Travis Kelce, Taylor Swift, haven't, grandpa —, ”, Remigio, HEE, Manumalo, Troy Polamalu, Tua Tagovailoa, Muasau, Jake, “, ” Muasau, “ They’re, ” Remigio, Constancio Arnaldo Jr, ” Arnaldo, Eugene Chung, Younghoe Koo, Camryn Bynum, Bynum, Instagram, they're, Tang Organizations: Nikko, Super Bowl, Kansas City Chiefs, NFL, The League, Las Vegas, Pacific, Asian American Foundation, New York Giants, Tennessee Titans, Pittsburgh Steelers, Miami Dolphins, University of Nevada, Sporting, Football, NBA, Major League Baseball, Korean, The Institute, Diversity, Pacific Islanders, Atlanta Falcons, South, Minnesota Vikings Locations: Las Vegas, Philippines, Kansas, Pacific, Hawaiian, Hawaii, Tua, he's, Orange County , California, Asia, Mexican American, South Korea, California, Berkeley, Phoenix, @ttangAP

"If you're the most valuable content on those platforms, you're going to be the bulk of their investment. And that's what we are," said Brian Rolapp, chief media and business officer for the NFL. The pinnacle of the NFL's popularity is the Super Bowl, the biggest television event of the year. Discovery are launching a streaming service tailored to sports fans, it's clear that streaming is poised to be the NFL's next frontier, despite some backlash from fans. Watch the documentary to learn more about how streaming is transforming the NFL.

Persons: it's, Brian Rolapp, Robert Kraft, NBCUniversal's Peacock, Rolapp Organizations: NFL, Bowl, Nielsen, ESPN, New England Patriots, Disney, Fox, Warner Bros, CNBC, Peacock Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInside the NFL's streaming transformationWith the highest-rated programming, the priciest ad time and rights deals worth billions, the NFL is the most valuable content in media. And now its moves onto streaming platforms like Amazon Prime Video, YouTube and Peacock are having ripple effects across the media and tech landscape. CNBC's Julia Boorstin speaks with the NFL's Chief Media and Business Officer, Brian Rolapp, the VP and Global Head of Sports for Amazon Prime Video, the President of Peacock and other experts to learn how streaming is changing the business of the NFL.

Persons: Peacock, CNBC's Julia Boorstin, Brian Rolapp Organizations: NFL, Amazon, YouTube, NFL's Chief Media, Business, VP, Sports, Amazon Prime

☆ The Super Bowl menu has changed. Here's what people are buying and how much they're spending.
▼ + stars: | 2024-02-09 | by ( Juliana Kaplan | Cork Gaines | ) www.businessinsider.com time to read: +4 min

In total, American households are expected to spend a total of around $86 on average for their Super Bowl necessities. The National Restaurant Association said that Super Bowl food habits are shifting a little this year. For example, Kennedy said that women, by a sprawling margin, view chips and salsa as Super Bowl must-haves and feel similarly about nachos. While Super Bowl ticket prices have fallen a bit heading up to the Super Bowl, they opened on the day after the AFC and NFC Championship games at some of the highest levels in history. They are predicting a record TV audience for this year's Super Bowl because of her impact.

Persons: —, “, ” Sean Kennedy, Taylor Swift, Kennedy, it’s, Swift, David Steinberg, Clark Hunt Organizations: Service, Super, National Retail Federation, Business, National Restaurant Association, Super Bowl, of Commerce, Seton Hall, Poll, AFC, NFC, Zeta Global, CNBC, Chiefs, Bowl LIV, 49ers

☆ Amazon's Prime Video lands exclusive NFL playoff game next season
▼ + stars: | 2024-02-09 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Amazon Prime Video logo displayed on a phone screen and Amazon Prime Video website displayed on a screen in the background are seen in this illustration photo taken in Krakow, Poland on July 26, 2022. Amazon 's Prime Video has won the exclusive rights to stream a National Football League playoff game next season, a source familiar with the matter told CNBC. Last month, NBCUniversal's Peacock showed an NFL Wild Card game between the Kansas City Chiefs and the Miami Dolphins, marking the first time a playoff game was broadcast exclusively on a streaming service. NBCUniversal had looked to keep the streaming-only playoff matchup next season, according to The Wall Street Journal, which first reported on Amazon's latest deal with the the NFL. Amazon has said there are 80 million active Prime Video households in the U.S.— CNBC's Stephen Desaulniers contributed reporting.

Persons: NBCUniversal's Peacock, NBCUniversal, NBCUniversal didn't, — CNBC's Stephen Desaulniers Organizations: Amazon, Amazon Prime, National Football League, CNBC, NFL, Kansas City Chiefs, Miami Dolphins, Wall Street, Peacock Locations: Krakow, Poland, U.S

☆ Las Vegas has invested billions into sports. The question is, will it pay off?
▼ + stars: | 2024-02-08 | by ( Natalie Rice | ) www.cnbc.com time to read: +2 min

Once known mainly for gambling and debauchery, Las Vegas has gained professional sports teams with the National Football League, the National Hockey League, Women's National Basketball Association and the United Soccer League in under a decade. The $2 billion venue was built for the NFL's Las Vegas Raiders and opened in 2020. "It's not just that the NFL's here, which is fantastic and a recognition of the maturity of Las Vegas," said Hill. Allegiant Stadium brought 1.52 million incremental visitors to the area, according to the 2023 impact report by the Las Vegas Raiders, with 88% of those visitors saying it was "the primary reason for their visit." In 2023, 40.8 million visitors flocked to Las Vegas, up 5.2% from the prior year, though still not as high as pre-pandemic levels.

Persons: that's, We're, Steve Hill, Beyoncé, Taylor Swift, It's, Eric Fernwood Organizations: National Football League, National Hockey League, National Basketball Association, United Soccer League, Major League Baseball, Las Vegas Convention, Visitors, Las Vegas Raiders, Allegiant, Estate Investment Locations: Vegas, Sin City, United States, Las Vegas

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