Sport & Story Daily August 13, 2024

Streaming Wars

August 13, 2024

Good morning! From Athlete to Entrepreneur

News Corp eyes sale of Foxtel and Fox Sports Australia
Foxtel is two-thirds owned by News Corp and one-third owned by Telstra. Foxtel operates cable and streaming platforms in Australia and is a major player in sports broadcasting through Fox Sports Australia. The firm has Kayo Sports streaming service and has 4.8 million subscribers. Rupert Murdoch’s News Corporation has put its Foxtel pay-TV business in Australia up for sale as it seeks to compete more effectively with global streaming services such as Netflix.
^{SportsPro Media}

Atletico Madrid complete signing of Julian Alvarez from Man City
Julian Alvarez is leaving Manchester United after signing a six-year contract with Atletico Madrid. Alvarez’s contract could reach €93 million. He made 103 appearances for Man City across two seasons. The club won six trophies in the two years he played with them.
^{Yahoo Sports}

$2M Cash Injection Sends WNBA’s Worst Team To League-Leading Valuation
The Dallas Wings tied for last in the league at 6-19. Now, they are valued at $208 million after two investors bought a 1% stake in the team at $2.08 million. The team’s CEO and part-owner, Greg Bibb, sold the stake to Jed Kaplan and Randy Eisenmman.
^{Front Office Sports}

Chloe Pavlech On How Incorporating VR Can Help Athletes NIL Journey, and More
NCAA athletes now have name, image and likeness rights. The student-athletes are able to build a brand around their followers by creating content and advertising. Technology such as VR experiences can expand the content produced.
^{Sports Video Group}

Steve Hatchell Talks Numbers in Football Hall of Fame
Host Gene DeFilippo is joined again this week by Steve Hatchell, the President and CEO of the National Football Foundation and College Hall of Fame. The conversation delves into the comprehensive statistics around football, such as the growing number of colleges and high schools sponsoring the sport and why it's important for post-graduate opportunities. The two discuss key NFF initiatives and events like the prestigious William V. Campbell Trophy, the Campbell Trophy Summit, their Annual Awards Dinner, the criteria for Hall of Fame induction, and more in this continuation of our insightful discussion about the Good in the Game.

Suns' Kevin Durant admits he's thought about retirement from NBA: 'It creeps in my mind for sure'
Kevin Durant is turning his attention towards his 17th NBA season. He is 35 years old and has started to think about retirement in recent years. He is currently on the Phoenix Suns and won his fourth USA Olympic gold medal.
"[Retirement] creeps in my mind for sure," Durant said. "I honestly don't know what I'll do [when I stop playing]. I have a lot of different interests. I definitely want to stay around the game... That's gonna be a huge, huge transition. I've been at this since I was 8. It's gonna be hopefully 30 years of me doing this where every day was centered around the game of basketball. It hasn't been no other lifestyle but this."
^{CBS Sports}

Accor tracking future hotel bookings to measure success of Paris 2024 sponsorship
Accor is a hospitality company that was the domestic sponsor of the Paris 2024 Olympics. The company’s Paris hotels were at 85% occupancy during the Olympics, and think that this will drive more bookings in the future for its hotels. Accor generated about $1.34 billion in domestic sponsorship revenue.
^{SportsPro Media}

Inside Alabama's recruiting surge: Kalen DeBoer on why their plan worked, in-state approach and more
Kalen DeBoer had a ground-up process of assembling his roster. He also tried to develop relationships he had made while at Washington. Alabama now has the nation’s No. 2 ranked recruiting class.
"There was great urgency with all of that, just trying to really get locked in on who we wanted to have in our program," he said. "That starts with the evaluation, great communication amongst our staff, our plan with hopes of getting guys to campus a certain number of times and us being able to grow our relationship with these prospects and their parents."
^247Sports

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