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9 mentions found


☆ No signs of slowing down for sports betting, industry leaders say
  + stars: | 2024-09-10 | by ( Jake Piazza | In | ) www.cnbc.com   time to read: +3 min
Sports betting is continuing its integration into modern sports culture, and industry leaders do not expect the growth to slow down any time soon. As much tailwind as sports betting companies have received from growing legalization and popularity across the country, taxes and ethical concerns have presented difficulties. Several states have a 51% tax on sports betting companies, and Illinois recently approved a tax increase on sports betting revenue. Sports betting has also garnered negative headlines in recent months as professional sports leagues have struggled to effectively stop players from violating betting and gambling rules. The speakers also addressed widespread concerns about whether the nature of sports betting companies' business models discourages them from providing proper guardrails to stop gambling problems.
Persons: Wrigley, Michael Rubin, Matt King, CNBC's Contessa Brewer, Marie Donoghue, DraftKings, Jontay Porter, that's, Christian Genetski Organizations: Chicago Cubs, Philadelphia Phillies, Sports, FanDuel, CNBC, PointsBet's U.S, NBA Locations: Illinois
☆ 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 death of downtowns
  + stars: | 2023-10-31 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But the number of empty storefronts overwhelming downtowns isn't just a product of the post-pandemic world. When it comes to local downtowns, not all small businesses are created equally. A homebuilder executive breaks down the do's and don'ts that've helped her clients lower rates from 8% to 4.875%.
Persons: —, that's, Tyler, Insider's Adam Rogers, it's, Adam, Justin Sullivan, It's, Lucas Jackson, Elon Musk, Joel Saget, Sheldon Cooper, Getty Images Elon, X, Daniel Rizea, Haley Rosen, Marie Donoghue, Rosalyn Durant, don'ts that've, Heidi Klum's, Jayne Withers, Zers, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, New York Stock Exchange, Getty, Getty Images, Apple, Google, ESPN, NFL, NBA, Walmart, Workers, Fed, Pfizer, Samsung Locations: National, New York, AFP, New York City, San Diego, London
☆ Aaron Rodgers Is Sidelined but the Jets Will Still Make at Least 3 More Appearances in Prime Time
  + stars: | 2023-09-12 | by ( Associated Press | Sept. | At P.M. | ) www.usnews.com   time to read: +3 min
New York's 22-16 overtime victory over the Buffalo Bills was the most-watched Monday night game since ESPN took over the package in 2006. The Jets have five more prime-time appearances scheduled, but two can be subbed out due to the league's flexible schedule rules. Those are the Nov. 12 "Sunday Night Football” game at Las Vegas on NBC and the Dec. 28 “Thursday Night Football” game at Cleveland on Amazon Prime Video. NBC can't begin to flex Sunday night games until Week 5, meaning the Jets' Oct. 1 game against Kansas City will not be moved. The “Monday Night Football” flex option begins in Week 12, three weeks after the Jets host the Los Angeles Chargers on Nov. 6.
Persons: Aaron Rodgers, Rodgers ’, Rodgers, Brett Favre’s, Russell Wilson’s, Zach Wilson, “ We’ve, ”, Hans Schroeder, “, Brock Purdy, Tom, Brady, Drew, Bledsoe, Video's, Marie Donoghue, Weeks, ” Schroeder, ___ Organizations: New York Jets, Jets, ESPN, ABC, ESPN2, ESPN Deportes, New, Buffalo Bills, Lambeau, Minnesota, Russell Wilson’s Denver, Seattle, Las Vegas, NBC, Cleveland, Amazon Prime, NFL Media, Kansas City, Los Angeles Chargers, Miami, Dallas, CBS Locations: Green, New England, New York
☆ 11 production companies cashing in on Hollywood's sports content boom, from Religion of Sports to SpringHill
  + stars: | 2022-11-28 | by ( Claire Atkinson | Colin Salao | ) www.businessinsider.com   time to read: +5 min
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.
☆ 'Top Gun' studio Skydance just inked a TV and film partnership with the NFL. Here are 10 more top production companies capitalizing on the sports content boom.
  + stars: | 2022-11-16 | by ( Claire Atkinson | Colin Salao | ) www.businessinsider.com   time to read: +4 min
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.
☆ Streaming enters a new reality with a boom in sports and drive for profitability as fresh voices continue to break through with innovative storytelling on new platforms
  + stars: | 2022-11-15 | by ( Lucia Moses | ) www.businessinsider.com   time to read: +6 min
Big entertainment players face pressure to make streaming profitable and satisfy diverse audiences. 100 People Transforming Business is an annual list highlighting people across industries who are changing the way the world does business. As streamers feel the limits of subscription growth, free, ad-supported TV streamers like Tubi have grabbed market share. While many in Hollywood fear that marginalized voices could get sidelined in a tougher market, 2022 has seen more storytelling and content elevating previously excluded communities. As CEO Ken Kim told Insider, "It's not just professional creators — they are from all over the world."
☆ Amazon's head of sports video is riding the success of 'Thursday Night Football' and setting her sights on deals with the NBA, college sports, and more
  + stars: | 2022-10-13 | by ( Colin Salao | ) www.businessinsider.com   time to read: +3 min
Amazon's VP of global sports video spoke Wednesday on "The Marchand and Ourand Sports Media Podcast." The exec described how "Thursday Night Football" is attracting a younger demographic to the NFL. She also said Amazon is targeting deals with more "marquee sports partners," like the NBA. Amazon VP of global sports video Marie Donoghue. She mentioned interest in college sports and the NBA, whose current rights deals with Disney and TNT expire after the 2024-25 season.
☆ 6 top podcasts that sports media execs from ESPN to Amazon say help them keep up with the evolving industry
  + stars: | 2022-09-28 | by ( Colin Salao | ) www.businessinsider.com   time to read: +1 min
Insider interviewed top sports media leaders that are shaping the industry. Execs from ESPN, Amazon, CBS, and Overtime shared their favorite sports media and business podcasts. This evolution means that even the most established leaders in sports media are trying to keep up with how the industry is changing. Some of these podcasts tackle the sports media business directly, while others are more about the culture within sports. Here are six podcasts recommendations from some of the sports media industry's top executives, listed alphabetically.
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