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Apple looks to bid on becoming US home for Formula 1
TechCrunch· 2025-07-09 16:19
In Brief Formula 1 could have a new U.S. streaming service home soon. Apple is in talks to purchase the rights as it looks to further invest in live sports, the Financial Times reports.Apple already has deals for Major League Baseball and Major League Soccer. ESPN’s F1 contract ends next year. But Apple will be up against ESPN, as well as likely other bidders. This latest news comes as Apple enjoys its first blockbuster in-theaters hit with its new F1 movie, produced by F1 star Lewis Hamilton. F1-related e ...
Rogers Becomes Majority Owner of Maple Leaf Sports & Entertainment
Globenewswire· 2025-07-02 17:00
Core Viewpoint - Rogers Communications Inc. has successfully acquired BCE's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion, increasing its ownership to 75% and reinforcing its commitment to Canadian sports [2][3]. Group 1: Acquisition Details - The acquisition closed on July 1, 2025, after receiving all necessary regulatory and league approvals [6]. - The purchase price of C$4.7 billion was primarily funded through revolving bank credit facilities and cash on hand [6]. Group 2: Strategic Importance - MLSE is recognized as one of the most prestigious sports and entertainment organizations globally, and Rogers aims to leverage this ownership to enhance its sports portfolio [3][5]. - The acquisition positions Rogers as the largest owner in MLSE, which includes iconic sports teams and strengthens its leadership in Canadian sports [2][5]. Group 3: Investment Commitment - Over the past decade, Rogers has invested more than C$15 billion in Canadian sports and plans to continue this investment to bring championships to Canada [3][4]. - The company has established long-term strategic partnerships with the NHL and various Canadian teams, including a new 12-year agreement for national media rights through 2037-2038 [5].
DICK'S Sporting Goods and the WNBA Renew Multiyear Partnership
Prnewswire· 2025-07-01 12:58
Company Overview - DICK'S Sporting Goods has extended its partnership with the WNBA through the 2028 season, continuing its role as the Official Sporting Goods Retailer and an Official Marketing Partner [1][3] - The company operates over 850 stores and offers a wide range of sporting goods, including WNBA apparel and equipment, available at more than 300 locations [6][5] Partnership Details - The renewed agreement includes DICK'S as a Proud Partner of the Jr. WNBA, focusing on inspiring girls to play basketball and providing local youth programming [2][3] - GameChanger, a DICK'S company, will enhance youth sports experiences through live streaming, scheduling, and scorekeeping as an Official Marketing Partner of the WNBA [2] Community Engagement - DICK'S has been involved in the "It's Her Shot" initiative, promoting youth participation in basketball for girls aged 8-18, hosting 20 events and reaching over 3,000 young athletes since 2021 [4] - The company has donated over $300,000 to youth organizations through its community initiatives [4] Market Impact - DICK'S aims to make WNBA jerseys more accessible, ensuring availability across all 13 WNBA markets and supporting jersey sales to amplify the visibility of the league's players [5] - The WNBA has been recognized as the fastest-growing brand in 2024 and ranked No. 4 on Fast Company's list of the World's 50 Most Innovative Companies of 2025, indicating a strong market presence [9]