The sports betting industry has been making significant strides in integrating itself into modern sports culture. Industry leaders are optimistic about the continuous growth of the sector and do not foresee any slowing down in the near future. During the CNBC x Boardroom’s Game Plan sports business event, executives from top companies such as FanDuel,
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The National Football League has taken significant steps to enter the streaming world in recent years in an effort to expand its audience beyond traditional television. The league’s executive vice president of media distribution, Hans Schroeder, highlighted the importance of the NFL’s exclusive streaming deals with media companies at a recent event. These deals, including
The upcoming presidential debate between Vice President Kamala Harris and former President Donald Trump has brought attention to the future of the clean energy sector. With a focus on issues such as the economy, inflation, and job growth, voters are looking for clarity on the plans of the candidates to handle these crucial matters. Clean
The successful hosting of the 2024 Olympics and Paralympics in Paris has set a high standard for the upcoming summer Games in Los Angeles in 2028. Key stakeholders in the event are optimistic about the city’s readiness to rise up to the challenge. Los Angeles Mayor Karen Bass expressed her concerns about the preparations needed
The ongoing battle between DirecTV and Disney has left millions of customers in the lurch, unable to watch premium content such as the NFL’s opening “Monday Night Football” game on ESPN. The root of the issue lies in a negotiation stalemate over fees and bundling, leading to a blackout of Disney-owned channels on DirecTV’s network.
Nelson Peltz, who had been the chair of Wendy’s for 17 years, has recently stepped down from his position, leading to immediate changes within the company. This move comes at a critical time when low-income consumers are eating out less, resulting in a significant slump in Wendy’s sales. Share prices of the fast-food chain have
Discount home goods retailer Big Lots has recently filed for bankruptcy due to a combination of high interest rates and a sluggish housing market. This has resulted in a decrease in demand for its low-priced furniture and decor. The company, known for offering bargain-basement pricing on all things home, has seen its revenue drop significantly
Boeing’s Starliner capsule recently undocked from the International Space Station after a prolonged stay, departing without the two astronauts it originally delivered to orbit. The astronauts, Butch Wilmore and Suni Williams, will now remain at the ISS until February, returning to Earth aboard SpaceX’s Dragon spacecraft. The departure occurred later than planned and without the
In recent years, automakers have experienced a resurgence in advertising efforts during the National Football League season. Brands such as Toyota Motor Corporation, Hyundai Motor Company, and the Detroit automakers are making a comeback in leveraging the NFL and its games as prime advertising platforms. Notably, Toyota has secured its position as the “Official Automotive
Starboard Value, an activist investor, has made a bold move to dissolve News Corp’s dual-class share structure, which has long been a source of control for the Murdoch family over the Wall Street Journal parent company. This challenge comes in the form of a non-binding shareholder resolution, indicating the seriousness of Starboard’s intentions. With Rupert