MLP will have 16 teams instead of 12 in 2023, and players will compete in six events spread over six cities for more than US$2 million.
The long-term nature of Arsenl's extension means there’s a real commitment to collaborate with Adidas.
The renewed partnership between the NBA team includes a variety of marketing and community initiatives.
Walt Disney promoted Alisa Bowen to become Disney+ president as it prepares to launch the new ad tier subscription.
The deal allows the Boston-based Rapid7 to feature its logo on the team playing jerseys and practice tops from the start of the 2022/23 season
LootMogul believes its ability to draw Online 2.0 gamers and sports fans to Web 3.0 environments will be a huge competitive advantage.
Coca-Cola and Molson Coors have expanded their collaboration to release a new canned cocktail drink.
The NPS has been focusing on anthocyanins, the antioxidant-rich pigments that give blackberries and blueberries their signature shades.
Sky's revenue drops 13.8% as it loses 255,000 subscribers
Comcast's European pay-TV business Sky decreased its subscriber base by 255,000 for Q2 to 22.7 million, with its ‘total customer relations’ decreasing during the first six months of the year by 361,000.
As a result, Sky’s second quarter revenue dropped 13.8 percent on year to $4.5 billion. Adjusted interest, taxes, depreciation, and amortization EBITDA came to US$863 million, an increase of 54.1 percent.
Due to the decline in subscribers and average income per customer in Italy and Germany, direct-to-consumer (DTC) revenue for Sky fell 2.4 percent to $3.7 billion. The "effect of resets" on its sports rights was noted by Sky.
Sky's content revenue fell by 16.4 percent on year to $265 million, mostly as a result of changes to licensing arrangements for sports programming in Italy and Germany. Additionally, advertising revenue decreased 3.1 percent to $556 million.
The Serie A of Italian top-flight soccer will have DAZN as its primary domestic broadcast partner starting in the 2021–2022 season. In Germany, the streaming service has cut into Sky's portion of the Bundesliga rights market.
Sky's revenue for the first half of 2022 decreased 9.2 percent year over year to US$9.3 billion.
Meanwhile, US-based conglomerate Comcast enjoyed a 5.1 percent on-year revenue boost to US$30 billion for the second quarter of 2022.
Its revenue for the six months ended 30th June 2022 has now jumped 9.5 percent on year to US$61 billion.
Net income for the company, which also owns US media giant NBCUniversal on top of Sky, decreased 9.2 percent on-year to US$3.4 billion. Adjusted earnings before EBITDA) increased 10.1 per ent to US$9.8 billion.
What is a semiconductor? An electrical engineer explains how these critical electronic components work and how they are made