Endeavor's Emanuel talks earnings report, streaming rights

Endeavor “posted quarterly results that beat Wall Street’s expectations” and CEO Ari Emanuel noted there are "three sectors that we see that are on the way up." Emanuel: "Content’s on the way up, live experiences are on the way up and actually sports gambling is on the way up, all the sectors that we're in.” Emanuel said “people want high-end experiences, want to get out and they’ve been pent-up for several years now, and we’re seeing that.” The “way you grow subscribers” is having “great premium content, great sports rights, and it’s the same thing on gambling, too.” Emanuel: “There’s very high bidding for all those rights (and) we are on the other side of this transaction. We’re on the supply side to all the demand side of the business.” Emanuel said of streaming services acquiring sports rights, “Amazon’s been buying rights all across the globe for sports right now, Apple’s moving into that space you know. We have a great relationship with ESPN and we sell a lot of rights. In our IMG sports business, we have 150 sports rights globally that we sell. There are bids all over the world for those rights because it does drive subscription and consumer engagement.” Emanuel noted they have “sold-out every single pay-per-view” for UFC this quarter and “we’re having the best year we’ve ever had in sponsorship in all of our ancillary businesses” (“Squawk Box,” CNBC, 5/13).

SBJ Morning Buzzcast: August 18, 2022

The NWSL adds to its C-suite; CA regents ponder next step against UCLA; Bally Sports + sets national launch; the W's strong viewership season and podcast suggestions

SBJ Unpacks: USL Soccer

SBJ's Alex Silverman is joined by USL Chief Operating Officer Justin Papadakis to discuss the state of the organization and its ambitious growth plans.

SBJ I Factor: Jed York

SBJ I Factor: Jed York, presented by Allied Sports SBJ I Factor presented by Allied Sports features an interview with San Francisco 49ers CEO Jed York. York is in his 17th year with the organization and his 12th as CEO. He is a two-time SBJ Forty Under 40 honoree as a member of the classes of 2012 and 2013. York talks with SBJ’s Abe Madkour about what he learned from growing up in the sports business, working in multiple departments at the team, the challenges of building Levi’s Stadium, and how his leadership style has evolved through the years. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards, such as Forty Under 40, Game Changers and others.

Shareable URL copied to clipboard!

Sorry, something went wrong with the copy but here is the link for you.