2025-12-03
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Finance & Investments
Paramount makes an all-cash offer for the entire company, targeting a $30/share price.
Comcast and Netflix are bidding only for WBD's streaming and studio divisions.
WBD aims to announce its future plans by Christmas, with bids considered non-final.
Total revenue exceeded €2B, driven by €1.872B in broadcast rights fees.
The profit reverses a loss of more than €5M from the 2023-24 season.
A new domestic TV deal secures €6.135B from 2027-32, a 9% total uplift.
The Eastern College Athletic Conference (ECAC) league will launch its inaugural season in 2026 with 15 schools.
The 7-on-7 sport is set to make its Olympic debut at the 2028 Los Angeles Games.
Its regular season will run from February to April, with championships held at MetLife Stadium.
The record figure was driven by 140 events drawing 1.17 million total attendees.
Minnesota Sports Facilities Authority's (MSFA) overall revenue rose to $66.18M, but its net position fell $24.2M.
Stadium operating expenses increased 18.4% to $58.6M, due to higher insurance and utilities.
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Media, Broadcasting & Sponsorships
The platform's 2025 review also shows athlete and celebrity streams grew nearly 20%.
WNBA players Courtney Williams and Natisha Hiedeman's 72-hour stream peaked at 40K viewers.
A stream by creator Kai Cenat featuring LeBron James drew more than 100K viewers.
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Teams & Leagues
The proposal for 2026 includes a $1M max base salary and a $5M salary cap.
The union doubts the projected ~$500K average salary is feasible under the proposed cap.
Players were surprised the offer removes the current option for team-provided housing or a stipend.
North Carolina State and Virginia will play in the matchup on August 29, 2026.
The game will be at the 46,900-seat Estádio Olímpico Nilton Santos and air on ESPN.
Rio will also begin hosting NFL games in 2026 for 36M+ estimated Brazilian fans.
The university has already secured nearly $250M in commitments toward its goal.
Spartan Stadium is the campaign's centerpiece, with plans to replace its east side.
Clemson Ventures was created after the school's multimedia rights deal with JMI Sports ended.
Kentucky’s Champions Blue, LLC now operates as a holding company for its athletics department.
Texas Tech's LLC houses its 10-year Learfield partnership and NIL services.
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Miscellaneous
Kalshi’s volume reached a record $5.8B, while Polymarket’s grew 23.8% to $3.7B.
Kalshi’s valuation doubled to $11B following a recent $1B funding round.
Growth is driven by integrations with partners including Yahoo, Google Finance, and PrizePicks.
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