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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSports as an asset class is exploding, says Bruin Capital CEO George PyneGeorge Pyne, Bruin Capital founder and CEO, joins 'Squawk Box' to discuss the rise of women's sports, valuation of sports teams, future of sports media, and more.
Persons: George Pyne George Pyne Organizations: Sports, Bruin Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailESPN will have to pivot amid cord-cutting headwinds, says Bruin Capital's George PyneGeorge Pyne, Bruin Capital founder and CEO, joins 'Squawk Box' to discuss the future of Disney's ESPN, why a tech partnership could be the network's only hope of survival, and more.
Persons: George Pyne George Pyne Organizations: ESPN, Bruin, Bruin Capital
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe will start to see more old and new media combos in sports broadcasting: Bruin Capital's PyneGeorge Pyne, Bruin Capital founder and CEO, joins 'Last Call' to talk the future of sports media companies and legacy broadcasters.
Persons: Bruin Capital's Pyne George Pyne Organizations: Bruin, Bruin Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBruin Capital CEO on PGA Tour-LIV Golf merger: Outside capital is a factor like never beforeGeorge Pyne, Bruin Capital founder and CEO, and former SEC chairman Jay Clayton, join 'Squawk Box' to discuss the fallout of the PGA Tour-LIV Golf merger, the winners and losers of the deal, and more.
Persons: George Pyne, Jay Clayton Organizations: Bruin, Bruin Capital, SEC, PGA
DirecTV has struck a multiyear deal to continue broadcasting the National Football League's "Sunday Ticket" package to commercial establishments, including bars and restaurants. The NFL sold the "Sunday Ticket" commercial rights to EverPass Media, a joint venture owned by private equity firm RedBird Capital Partners and the NFL, earlier this year. The companies confirmed the "Sunday Ticket" deal on Thursday afternoon. Bars and restaurants, such as Buffalo Wild Wings and Hooters, rely on "Sunday Ticket" to bring in big crowds on Sundays during the NFL season. The NFL signed a seven-year deal with Google 's YouTube TV for the residential "Sunday Ticket" broadcast rights in December.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGenerative A.I. can disrupt the news media landscape, says Penske Media's Jay PenskeCNBC's Andrew Ross Sorkin joins 'The Exchange' from Kiawah Island with George Pyne of Bruin Capital, and Jay Penske of Penske Media, to discuss sports team valuations, ChatGPT's influence on the media industry, and commoditizing intellectual property.
Investment bank Drake Star broke down dealmaking in 2022 and what it means for the year ahead. Sports tech M&A activity in 2022, from Drake Star's Global Sports Tech Report 2022. Drake Star Global Sports Tech Report 2022The fourth quarter saw a surge in M&A volume with 67 deals, the most in the sector's recent history. More sports tech companies could explore public listings in the second half of the year. "Some of the IPO ready sports tech companies are expected to explore IPO/SPAC listings."
Sports-betting insiders say there's pent-up demand for M&A in the industry after dealmaking slowed to crawl last year. That may mean fewer media and other deals that don't offer a clear return on investment or cost efficiencies.. That may mean fewer media and other deals that don't offer a clear return on investment or cost efficiencies. One thing we may see less of this year is operators looking to bring their entire tech stacks in-house, like when Bally's acquired Bet.Works and PointsBet bought Banach Technologies. Here are nine potential deals industry insiders are watching in 2023, and how they could shake up the industry:
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNFL's main thing is the product and it was outstanding: Bruin Capital CEOGeorge Pyne, Bruin Capital founder and CEO, joins 'Squawk Box' to discuss Pyne's takeaway from the big game, how much the game has changed, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe NFL's Denver Broncos selling for $4.65 billion probably a steal, says Bruin Capital's PyneGeorge Pyne, Bruin Capital founder and CEO, joins 'Power Lunch' to discuss if the sports industry can hold up in 2023, if legacy cable companies' demise spells trouble for franchise valuations and more.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNFL's ‘Sunday Ticket’ agreement with YouTube is 'a good deal,' says Bruin Capital's George PyneGoogle-owned YouTube has secured a multi-year deal for the NFL 'Sunday Ticket' package. George Pyne, founder and CEO of Bruin Capital, joins CNBC's 'Squawk Box' to discuss.
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