Hey Sports Tech Fans,
Apple acquiring the NFL Sunday ticket rumours seem to be picking up pace as it has trundled on for months now.
The report below suggests that the price could be as high as $2.5 billion per year.
DirecTV have the rights until the end of the 2022 season so no need to report the new deal any time soon but this would be a major move in the streaming wars of live sports.
There is also a story below about Netflix entering live sports as they search for new revenue channels as the number of subscribers decreases for the first time ever.
Infinite Reality are set to acquire ReKTGlobal for $470 million!
ReKT Global have a number of parts to its business including; esports team franchises, marketing and partnership services, talent management, and technology products.
We are likely to see a lot of M&A activity in the esports and metaverse industries as the industries mature and companies look for synergies in the space to build a bigger and better offer to fans.
Have a great sporting weekend,