US sports stakeholders have detailed concern regarding the drop in viewership of NFL broadcasts recorded during season 2017/18. Last week, media analyst Nielsen released viewer trend data for the NFL’s 2017/18 regular season, which specified a network-wide viewership decline of 9.7%. The lacklustre figures saw all US partner networks; NBC, ESPN and FOX Sports report audience declines for their NFL …
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Global media has been shaken up by the news that Rupert Murdoch is preparing to sell 21st Century Fox and Fox Entertainment’s 39% stake in Sky UK to rival Walt Disney Co for a reported $60 billion deal (£45 billion). All eyes will be placed on today’s New York Stock Exchange opening, when Disney leaders are expected to present the …
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Tech giant Facebook has furthered its position within live sports content by brokering a deal to stream UEFA Champions League matches in partnership with US broadcaster Fox Sports. The Champions League content will be only available to United States Facebook users. At present, Facebook has agreed to stream two live matches per group match day, four round of sixteen and …
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Florida’s Southern District Court has recorded an amended nationwide lawsuit filed against DFS operators DraftKings and FanDuel plus related industry stakeholders including investors, US pro leagues (NHL, MLB and NBA), associated media owners and payment processors. The lawsuit filed by Florida Attorney Ervin Gonzalez on behalf of DFS players’ Antonio Gomez and John Gerecs was charged against approximately 50 DFS …
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The Boston Business Journal reports that DraftKings is ‘quietly’ seeking to raise a further $200 million in investment. If the Boston based DFS operator achieves its target funding, the company will have an estimated $2 billion valuation according to VC research and intelligence firm PitchBook. In six rounds of venture funding DraftKings has raised $375 million in investment from a …
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The US tech industry has branded the birth of another ‘Unicorn’ as daily fantasy sports (DFS) operator DraftKings announces that it has raised $300 million (£195 million) in series D funding. 21 Century Fox’s Fox Sports division contributed the majority of the rounds funding capital, other investors included venture capital firms Atlas Ventures, Kraft Group and Raine Group. This latest …
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