
2026-01-30
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Finance & Investments
Total deal value spiked to nearly $200B, more than doubling 2024 figures, fueled by massive corporate mergers.
Streaming giant Netflix led this trend with a massive $82.7B bid for entertainment powerhouse Warner Bros.
Private equity investors launched $12B in new funds to capitalize on the sector’s resilience to economic stress.
Net income dropped to $2.17B largely due to expensive new NBA broadcast rights and streaming costs.
The Peacock streaming service reached 44M subscribers but reported a $552M loss for the quarter.
Leadership identifies live sports coverage as a core strength, relying on the Super Bowl to drive growth.
Venture firm Game Changers Ventures led the round to fund product development and expand the four-person team.
The AI software connects fragmented systems to replace outdated spreadsheets used by sports teams.
Partner teams like the Seattle Sounders expect the tool to improve matchday planning efficiency by over 50%.
The Canadian telecom giant earned $4.55B this quarter, beating analyst predictions due to strong sports media performance.
Media revenue jumped 126% to $886M as the firm plans to fully acquire MLSE, the owner of the Toronto Raptors.
Rogers is using live sports and streaming bundles to keep customers amid slow growth in the phone market.
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Media, Broadcasting & Sponsorships
The league plans to pay €20M to stream all 104 tournament matches on its app, Ligue 1+.
This strategy aims to keep subscribers paying during the summer off-season when local games stop.
The UK public broadcaster pays £70M annually for exclusive rights to Premier League soccer highlights.
Fans flock to the show because live matches are locked behind expensive private paywalls.
Viewership remains strong across digital platforms despite a recent change in the program's celebrity host.
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Teams & Leagues
The Saudi-backed organizer allocates $20M in prizes for players representing their home countries.
Pro gaming clubs will split $5M for allowing their athletes to compete on national teams.
A separate $20M fund covers travel costs to ensure teams from all regions can participate.
Consortia led by tech executive Satyan Gajwani and entrepreneur Kal Somani advanced to the next bidding round.
Initial offers for the Indian cricket franchise reportedly value the team as high as $1.3B.
Current owners include venture capitalist Manoj Badale and US investment firm RedBird Capital Partners.
The players' union is preparing for a work stoppage after the league ignored a proposal to share 30% of revenue.
League officials rejected the offer, claiming the deal would cost owners $700M over six years.
A failure to reach a new labor agreement puts the 2026 season start in May at risk.
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Miscellaneous
Users in all 50 states can now wager on outcome-based contracts for sports and politics.
The feature utilizes Kalshi, a federally regulated exchange, to legally bypass state gambling restrictions.
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