How Verizon's Deal With the NFL Affects the Sports Industry
Verizon’s new five-year deal with the NFL means anyone can watch NFL games on mobile, for free.
Paul Kelly, chief revenue officer at Whistle Sports joined Cheddar to explain how the deal will let the league monetize both mobile and linear television, while leveraging more than just live sports content.
“Moving forward I think it’s going to give more opportunity to create visual content around sports for the mobile screen,” he said.
Kelly noted that the deal has perks for both the NFL and Verizon overall. On the Verizon front, this can be a sign that the company will be moving into the OTT business.
“How that works with the Yahoo, Oath portfolio, and go90 is up to debate and interpretation,” he added.
Other wireless company are also pushing to move into the broadcast or steaming space. This week T-mobile announced that it was buying Layer3 TV in an effort to move into the cable and video streaming industry. AT&T has a tie-up with DirecTV, and is trying to acquire Time Warner.
For full interview [click here](https://cheddar.com/videos/tackling-the-sports-media-landscape-2).
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Despite concerns about shipping delays in the Red Sea, RSM Chief Economist Joe Brusuelas says there are still reasons to be optimistic about the state of the U.S. economy.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
The Biden administration proposed a cost drop for overdrawing bank accounts, which it says could particularly relieve Americans living paycheck to paycheck.
