2025-10-30
We have just updated our job board with 2,500 new opportunities in the sports industry. Scroll to the end of this email for instructions on how to access them.
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Finance & Investments
Global sports media rights costs surpassed $60B in 2024, driven by streaming platform competition.
Legalized betting in 38 U.S. states could generate $1.7B annually for the NBA and MLB.
The Indian Premier League's (Cricket) valuation hit $16.4B in 2024, reaching 620M unique viewers.
The partnership will co-develop original series, films, and digital sports content.
Its first project is a docuseries on the University of Michigan football program.
The companies will also collaborate on a flag football event in Saudi Arabia.
Operating profit grew 23% to $856.9M, while net profit increased 4.1% to $536.7M.
The company targets a full-year operating profit of about $2.3B on ~9% sales growth.
Adidas also flagged a volatile environment caused by tariffs in the U.S. market.
Revenue rose by A$49.2M to A$453.7M, but expenses increased by A$24.1M.
Cricket Australia is also exploring private investment.
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Media, Broadcasting & Sponsorships
NBC's "Sunday Night Football" averages a record 24.7M viewers, its best start since 2006.
FOX is averaging 19.59M viewers for its best NFL season start since 2015.
Amazon Prime Video’s Thursday games are up 16% to an average 15.29M viewers.
The deal creates the 6th largest US pay-TV provider with nearly 6M subscribers.
Disney will pay Fubo $220M and provide a $145M loan next year.
The transaction resolves Fubo's antitrust lawsuit over the Venu Sports streaming venture.
The total represents a 9% year-over-year increase, trailing only the NFL among US leagues.
The Los Angeles Dodgers are projected to become the first US pro sports team to pass $200M.
Retail spending grew the most at +32% YoY, while the gaming/betting category fell 14%.
The collection is the highest-selling women’s apparel launch in Fanatics history.
Women’s products drove 60% of total sales within the first 24 hours.
The Eagles, 49ers, Lions, Bills, and Chiefs were the top-selling teams.
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Teams & Leagues
A Madrid court dismissed appeals by UEFA, Spanish Football Federation, and La Liga.
The ruling confirms a 2023 EU court decision that UEFA's rules infringed competition law.
The dispute stems from the 2021 attempt by 12 clubs to launch a rival competition to the UEFA Champions League.
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Miscellaneous
The job cuts follow the company's recent $8B merger with Skydance.
Paramount Global had approximately 18,600 employees worldwide as of 2024.
More layoffs are reportedly expected to happen at a later date.
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