Football fans will now be able to stream their favorite games on their phones, after Verizon signed a multi-year deal with the NFL. Paul Kelly, Chief Revenue Officer of Whistle Sports joins Cheddar to discuss the ever-changing landscape for sports media.
He says the changing landscape of sports media is a plus for the leagues, because they can make revenue on traditional TV and mobile at the same time. He believes this is a long-term strategy for Verizon to deliver an OTT platform in the future.
In addition, Kelly also talks about the price of viewing your favorite sports team. He explains how inflating the value of live sports impacts ESPN. Plus, how millennial viewing habits have changed over the past few years.
In stories sure to move markets next week, investors will be served another full plate of earnings, the July jobs report comes out, and the Summer Olympics continue in Tokyo.
Cleveland’s Major League Baseball team finally has a new moniker, the Guardians. Formerly known as the Indians, the organization made a change to the team name after years of public scrutiny and claims of appropriation of Native American culture. Cheddar’s Hena Doba and Baker Machado provide some additional details into the name change.
Here are your Need2Know stories for Tuesday June 7, 2022:
Today, voters head to the polls for primary elections in California, Iowa, Mississippi, Montana, New Jersey, New Mexico, and South Dakota.
Senator Joe Manchin said he would support raising age requirements for gun purchases to 21. Manchin told CNN he also "wouldn't have a problem looking at" a ban on AR-15 assault rifles.
Meanwhile, five players on the Tampa Bay Rays roster opted not to wear a patch added to its uniforms intended to celebrate pride month.
Shaheen Holloway, fresh off leading Saint Peter's on an improbable Elite Eight run, says on Closing Bell that he is looking to take his alma mater Seton Hall to new heights this coming season as head coach. Holloway also provides his insight on the NIL era in college athletics - while he's happy for the players, he also considers the current system 'scary' because more rules and regulations need to be in place.
