PGA Tour, DP World Tour fortify alliance to combat LIV Golf
Jun 30, 2022 15:04 pm UTC| Sports Economy Business
The PGA Tour and DP World Tour have strengthened their strategic alliance with a new 13-year operational joint venture in competing against the Saudi-backed LIV Golf. The alliance would help create new player pathways...
NBA invests in kids' TikTok-like social network Zigazoo
Jun 30, 2022 13:50 pm UTC| Sports Technology Economy Business
The National Basketball Association is investing in Zigazoo Inc., a TikTok-like app, as the kids social network gets more involved. Among Zigazoos investors are Serena Williams, Jimmy Kimmel, and the DAmelio...
Wimbledon looks to engage younger fans with WimbleWorld on Roblox
Jun 29, 2022 23:35 pm UTC| Sports Technology Economy Business
The All England Club (AELTC) has built a digital recreation of Wimbledons Centre Court dubbed WimbleWorld on the Roblox video game platform to reach a younger demographic. The project is part of its 100-year celebration...
AC Milan secures $31.5 million a year in Puma kit deal extension
Jun 29, 2022 23:35 pm UTC| Sports Economy Business
Serie A champions AC Milan have signed an extension of their kit supply deal with Puma for US$31.5 million per year, which is double the previous amount. Due to the deal, the German sportswear brand remains as Milans...
Nike posts US$46.7 billion revenue for 2022, up 5% on-year
Jun 29, 2022 09:28 am UTC| Sports Economy Business
US sportswear giant Nike posted a US$46.7 billion revenue for the 2022 financial year, up five percent on-year. It also pushed its net income up six percent on-year to $6 billion for the same period. The Nike brand...
Apple, Amazon, Disney bid for NFL Sunday Ticket
Jun 28, 2022 15:15 pm UTC| Sports Economy Business
Apple, Amazon, and Disney are bidding for the National Football Leagues (NFL) domestic out-of-market Sunday Ticket package. However, the league has not indicated a timeframe in which it expects to make a...
F1 gets up to US$90 million per year in 3-year extension of ESPN's US TV rights
Jun 27, 2022 22:28 pm UTC| Sports Economy Business
Formula One has renewed its US media rights deal with ESPN until the end of 2025, reportedly worth between US$75 million and US$90 million per year. The agreement represents a significant increase over the broadcaster...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
The Mattei Plan: why Giorgia Meloni is looking to Africa
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight