Tag

Broadcast Deal

All articles tagged with #broadcast deal

business3 months ago

ESPN Raises UFC Subscription Prices Again Before 2025 Deal End

ESPN Plus, now rebranded as ESPN Select, is increasing its subscription prices in October 2023, coinciding with its upcoming split from UFC, which has moved to Paramount in a $7.7 billion deal. The price hikes affect individual subscriptions and bundle packages, and come amid broader increases in Disney's streaming services. The UFC's move to Paramount also involves changes to its pay-per-view pricing, which has contributed to piracy issues, as the promotion prepares for its new broadcasting arrangement in 2026.

sports1 year ago

"NFL Sets Record with $255.4 Million Salary Cap for 2024 Season"

The NFL has set the salary cap for the 2024 season at a record $255.4 million, up $30.6 million from 2023, due to the league's growing revenues, including a new broadcast deal worth over $110 billion. The increase is attributed to the full repayment of amounts advanced by clubs and deferred by players during the COVID pandemic, as well as an extraordinary rise in media revenue. This significant spike in the cap could lead to more liberal use of the franchise tag and higher salaries for pending free agents, but future cap increases may not be as substantial.

sports1 year ago

"NFL 2024 Salary Cap Hits Record $255.4 Million, Surging $30.6M from Previous Year"

The NFL has set the salary cap for the 2024 season at a record $255.4 million, up $30.6 million from 2023, due to the league's growing revenues, including a new broadcast deal worth over $110 billion. The increase represents the largest year-to-year jump in free agency history, potentially impacting franchise tag usage and pending free agent salaries. The league attributes the spike to the full repayment of amounts advanced during the COVID-19 pandemic and an extraordinary increase in media revenue. However, concerns exist about the sustainability of such rapid cap growth in the coming years.

sports2 years ago

"FOX Secures Exclusive NASCAR Broadcasting Rights for Next 7 Years"

NASCAR has finalized a seven-year broadcast deal starting in 2025 with FOX, NBC, Warner Brothers Discovery, and Amazon, which includes five races exclusively available for streaming on Amazon. The deal aims to cater to both existing and new fans by adding a direct-to-consumer streaming element. NASCAR will now focus on extending its charter agreement with teams, determining how revenue from the broadcast package will be distributed. The new agreement will see FOX Sports telecasting the first 14 events of the Cup season, while Amazon Prime will stream the next five Cup events, marking their first foray into NASCAR. TNT will telecast the following five Cup events, and NBC Sports will telecast the final 14 events of the season. The Daytona 500 will remain as the first points race, and the all-star race may be scheduled a week earlier to fit into the FOX portion.

sports2 years ago

Jim Nantz's Subtle Jabs and Dustin Johnson's Back Injury at PGA Championship

Golf announcer Jim Nantz took another subtle jab at the controversial Saudi Arabian-backed golf league, LIV Golf, during the PGA Championship. Nantz referenced Dustin Johnson's recent win at a LIV Golf tournament, which was poorly broadcasted and cut away from by most affiliates of The CW. Johnson is one of 16 LIV Golf members in the field this week. Nantz has previously made similar comments about LIV Golf during the Masters.