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MLS signs a deal with EA to stream four soccer matches on mobile gaming platform
CNBC· 2025-05-05 12:00
Group 1 - Major League Soccer (MLS) is partnering with Electronic Arts (EA) to stream four MLS matches this season on EA Sports FC Mobile [1][3] - The first match will be available for free streaming on May 10, featuring a rematch between the Los Angeles Galaxy and New York Red Bulls, following the Galaxy's victory in the 2024 final [2] - All matches will be simulcast with Apple TV's MLS Season Pass, which holds exclusive media rights, and EA FC Mobile players will receive a free one-month trial of the Season Pass along with in-game currency [3] Group 2 - This partnership marks EA's first venture into live streaming sports, capitalizing on the growing audience for live sports across media platforms [4] - The collaboration comes after a challenging quarter for EA, attributed to the underperformance of its games, particularly the EA Sports FC franchise [4] - EA is set to report its next quarterly earnings on Tuesday, which may provide further insights into the impact of this partnership on its financial performance [4]
Report: Executives Scrutinize Apple TV+ Costs Amid $1 Billion Annual Losses
PYMNTS.com· 2025-03-20 19:35
Core Insights - Apple executives are closely examining the costs associated with Apple TV+, which is currently the only unprofitable segment of Apple's services business, losing over $1 billion annually despite having around 45 million subscribers [1][2] Group 1: Financial Performance - Apple TV+ was projected to incur losses between $15 billion to $20 billion in its first decade, which is typical for new streaming services [2] - The services sector has generated nearly $100 billion in revenue over the past year, with a 14% year-over-year increase in the fourth quarter [3][4] - Apple trimmed approximately $500 million from the $5 billion annual budget for Apple TV+ content last year as part of cost scrutiny [2] Group 2: Subscriber Growth and Engagement - The company reported over 1 billion subscriptions across its services, including Apple TV+ and iCloud, with paid subscriptions growing at a double-digit rate [3][4] - Apple TV+ has been recognized for its rapid release of original content and award nominations since its launch on November 1, 2019 [5] Group 3: Market Expansion - In February, Apple made the Apple TV app available on Android devices, expanding its reach beyond Apple’s ecosystem to include Android users [4][6]