Conor McGregor Docuseries Is Headed to Netflix
Conor McGregor is the latest athlete to share his personal life with the world. On Tuesday, it was announced that the decorated fighter reached an agreement with Netflix for a four-part docuseries produced by Religion of Sports. Titled McGregor Forever, viewers can expect each hour-long episode to drop on May 17. The program chronicles McGregor’s perspective through two monumental events, a 2021 fight against Dustin Poirier which resulted in a broken tibia and the behind the scenes of his anticipated return to competition.
CNBC and Boardroom Partner for Inaugural Summit, ‘Game Plan,’ July 25 in Los Angeles
That’s right: Boardroom IRL! We’re excited to announce that we’re partnering with CNBC to produce an invite-only event that will feature influential leaders from the sports business landscape, including: top-tier athletes, league owners, multi-media moguls, cultural innovators, and cutting-edge investors. Programming for the event will be jam-packed with panel discussions on the future of live sports, emerging sports leagues and teams, shifting dynamics in sports business leadership, the state of fandom, and more. Panelists and speakers will be announced at a later date.
Want to join us? Request an invitation here.
NWSL Gets FAST with New Media Partner
The NWSL has a new alliance with the Women’s Sports Network. According to a release, the top-flight women’s soccer league is an official FAST (free ad-supported TV) media partner, and WSN will soon air non-live match content. Not only will this move increase viewership, but it will also boost access and representation for women’s sports in general. In addition to showing highlights, audiences can also look forward to a weekly half-hour program dedicated to NWSL storytelling.
IMG Academy Nets $1.25B Price Tag in Sale
Endeavor Group said Tuesday it will offload sports-training school IMG Academy to private equity firm EQT’s Asian unit in an all-cash deal valued at $1.25 billion. The sale will see the organization responsible for training stars like Venus and Serena Williams and Andre Agassi partner with EQT’s portfolio company Nord Anglia Education, which operates premium international schools across 33 countries. The negotiation will be finalized by this year’s third quarter.
Spotify Hits Record Subscription Numbers, Still Misses Revenue Projections
Spotify closed March with impressive subscription numbers, but unfortunately the audio streaming company did not meet expectations for its first-quarter profits. The Stockholm-based corporation reached 210 million paid users in March, up five million from the end of 2022 and two million more than its projection. As for non-paying customers, Spotify reached 515 million subscribers, up from 489 million from December 2022. Though earnings reached $3.3B through the end of March, it didn’t meet the expected $3.4B. Because of this, Macquarie analyst Tim Nollen teased a price increase is “likely” in order to make up for lost profits and match their competitor’s revenue.
Nike Honors Houston Comets Icons with Epic Re-release
The Houston Comets created the first-ever WNBA dynasty with this “Big 3” in Sheryl Swoopes, Tina Thompson and Cynthia Cooper between 1997-2000, winning four consecutive world championships. It has been two decades since that feat, and Nike is planning on honoring the team with a special Air Force 1 Low “Houston Comets Four-Peat” colorway. The sneakers feature a four-fingered hand icon next to an “x” sign that is embroidered into the lateral heel. The classic Nike emblems in the rear are swapped out for “‘97 ‘98” on the left shoe and “‘99 ‘00” on the right side to commemorate the seasons Houston was the best in women’s pro basketball. No timetable on a release date has been revealed.
Sports Tech Start-Up Buzzer Nets $20M Fundraise
In an effort to begin licensing its technology to outside partners, sports tech start-up Buzzer confirmed it raised an additional $20 million on Tuesday. The new roster of pro athletes joining the likes of Patrick Mahomes, Sabrina Ionescu and Naomi Osaka as backers include tennis star Nick Kyrgios, Cleveland Browns DE Myles Garrett and Kevin Durant’s 35V. Currently, Buzzer boasts partnerships with the NBA, WNBA and tennis’ ATP Tour. It also has ties with sports subscription service DAZN and betting corporation FanDuel.