Certification deals, sponsorships and investments
Deloitte and US Soccer announce multi-year sponsorship renewal as official professional service provider
April 12, 2022 via PR Newswire – News releases
Deloitte and the US Soccer Federation have announced a multi-year sponsorship renewal to continue Deloitte’s role as the official professional services provider for American football and the founding sponsor of SheBelieves.
Celebrity Wealth: Lionel Messi Signs a $20 Million Crypto Deal
Apr 12, 2022 via The National (UAE) – Business
Argentine soccer star Lionel Messi has joined fan digital token maker Socios.com as a global brand ambassador. The Paris Saint-Germain and Argentine striker will promote the digital experience community to 400 million followers over the next three years under a $20 million deal.
‘This is a serious investment’: More DTC brands bring in famous founders
April 12, 2022 via Modern Retail
Celebrities are increasingly taking a more hands-on approach to investing, positioning themselves as brand co-founders or creative directors.
UFC to Pay Fighters Bitcoin Rewards in Crypto.com Extended Deal
April 7, 2022 via Sportico – Business (subscription may be required)
The UFC is adding a new crypto reward to its pay-per-view events, with $60,000 worth of bitcoin to be distributed to fighters based on fan votes. The new bounty is part of a 10-year, $175 million partnership between MMA and Crypto.com, the largest sponsorship in UFC history.
NFL Invests $320 Million in Fanatics as Part of $1.5 Billion Round
April 6, 2022 via Sportico – Business (subscription may be required)
The National Football League has increased its investment in fanatics, joining other leagues, player unions and team owners in the company’s recently reported $1.5 billion round. Fanatics asserted that the NFL led the funding with an investment of $320 million.
The NFL is now the largest US shareholder in Genius Sports as a warranty jacket
April 6, 2022 via Sportico – Business (subscription may be required)
The National Football League is now the largest US shareholder in Genius Sports, controlling about 7.7% of the business after a new set of warrants last week.
Garnett’s Gaming Association secures $3.5 million to expand women’s sports betting
April 6, 2022 via Sportico – Business (subscription may be required)
The Gaming Society, a content and content company committed to making sports betting easy, has announced the closing of its $3.5 million seed funding round.
Sports
Ramez launches a virtual website to host season ticket holders throughout the year
April 11, 2022 via Sportico – Business (subscription may be required)
Months after winning the Super Bowl at their SoFi stadium, the Los Angeles Rams are opening up some new digs — online. The Rams has launched “Virtual Rams House,” unveiling a web platform that will host team executives and season ticket holders later this week.
Snyder’s ticket revenue claims put the NFL in new legal confrontation
April 11, 2022 via Sportico – Law (subscription may be required)
The claim that Washington leaders withheld ticket proceeds from visiting teams invites a crucial question: Could it be this claim, which follows others, that leads to Daniel Snyder’s impeachment as owner? Don’t bet on it.
Former University of Southern California water polo coach convicted in college admissions case
April 8, 2022 via Los Angeles Times
A former water polo coach at the University of Southern California was indicted Friday on charges of accepting bribes to circumvent the college admissions process by passing applicants as promising athletic recruits.
Deshaun Watson’s threat to NFL discipline increases as lawsuits expand
April 8, 2022 via Sportico – Law (subscription may be required)
Cleveland Browns quarterback Deshaun Watson recently avoided criminal charges over allegations of assaulting massage therapists, but 22 civil lawsuits against him stand, and in two of them, theories of unlawful acts have expanded.
Bullsby says Big 12 is in a strong position to move forward after the move
April 6, 2022 via Sports Business Magazine
Big 12 commissioner Bob Paulsby said he believes the conference and its schools are “in a strong position going forward” following his decision to step down later this year.
bass music
Kanye West’s poster hit in royal suit on ‘The Force’ sample
April 12, 2022 via Law 360 – Top Stories (subscription may be required)
King Crimson’s lawyers are suing Kanye West’s record company, alleging that the rapper failed to pay royalties for using a sample of a song by a progressive rock band on his track “Power.”
Universal Music Publishing Group’s exclusive original brand collection has entered into a worldwide and exclusive publishing agreement to represent the Elvis Presley catalog
April 12, 2022 via Yahoo Finance – Top stories
Universal Music Publishing Group (UMPG), a leading global music publisher, and Authentic Brands Group (ABG), global brand owner, marketing and entertainment company and owner of Elvis Presley Enterprises, have announced an exclusive global publishing deal to represent the historic song catalog “The King of Rock and… Roll” Elvis Presley.
Facts: From Dylan to Springsteen, music greats sell rights to production companies
April 12, 2022 via Reuters – Top stories
Universal Music Group said it will manage Elvis Presley’s “King of Rock ‘n’ Roll” song catalog, the latest such deal by global music companies to generate more revenue from royalties, licenses and brand deals.
Method Man partners with Intercept Music to create a global platform for independent brands and music artists
April 12, 2022 via PR Newswire
Driven by disruption, Intercept Music is accelerating the economy of independent creators through artistic empowerment through a global launch.
Artists Sell Their Catalogs: How You Can Be Strategic With Your IP
April 11, 2022 via Forbes – Top Stories (subscription may be required)
It pays to be strategic with IP. For an artist who owns an extensive music catalog, the income generated by the catalog is not only to fund a specific lifestyle but can also be used as an investment tool or estate planning strategy. You’ve heard the term “cash is king”. Well, in the entertainment industry, “intellectual property is king”.
Ed Sheeran Talks About Winning The Shape Of You Copyright Battle: “You Can’t Compromise Outside Principle”
April 8, 2022 via Billboard
Just a day after winning a copyright battle in a British court over his 2017 chart-topping film ‘Shape Of You’, Ed Sheeran sat down with BBC Two’s Newsnight to explain why he felt the need to stand trial to defend his musical honor. .
Bob Dylan defeats ‘Hurricane’ co-writer’s lawsuit worth more than 300 million dollars
April 6, 2022 via Register Citizen
A New York appeals court has dismissed a lawsuit including Bob Dylan that claimed the singer-songwriter owed the property of one-time collaborator, Jack Levy, for a portion of a Universal catalog sale.
Movies and TV
It could become Warner Bros. Discovery is a big player in sports media rights
April 12, 2022 via Sports Business Journal
How the Warner Bros. Discovery navigates
FIFA unveils its free ad-supported streaming platform FIFA +
April 12, 2022 via a terrible announcement
The global governing body of football is taking a leap into the world of digital broadcasting with FIFA+, launched today. The ad-supported free digital platform will initially display mostly archival content from FIFA’s deep library of international matches.
F1 sets $75 million per year for US media rights price tag
April 11, 2022 via Sports Business Magazine
F1 is out on the market “seeking to raise $75 million a year for its media rights in the US,” according to sources cited by Sports Business Journal’s John Orand.
IPL media rights: Decline in TV league ratings could be a concern for BCCI
April 11, 2022 via BrandEquity
BCCI has set a base price of Rs 33,000 crore for IPL 2023-27 media rights and the board and market experts are expecting a high-density bid, which is scheduled for June 12.
Sports media: F1 goes to market anticipating a big increase in rights next year as US interest continues to grow
April 11, 2022 via Sports Business Magazine
Formula 1 is out on the market and is seeking more than $75 million a year for its media rights in the United States, according to several sources. Currently, sources say that ESPN pays in the range of $5 million annually for the rights.
Netflix may buy a piece of NFL movies
April 8, 2022 via Tech Crunch
The Athletic reported that the NFL is in talks with media companies about selling stock in NFL Films, according to people familiar with the matter at last week’s annual owners meetings.
UMaine hockey streams will look even better next year thanks to ESPN’s new deal
April 7, 2022 via Bangor Daily News
Ken Ralph is excited that Hockey East has struck a six-year media rights deal with ESPN and ESPN+. Honestly, it was a necessary step for the league in terms of promotions in this area.
Live sports deals are on the rise as the MLB Opening Day and Masters Tournament kicks off
April 7, 2022 via Tech Crunch
In light of all the recent complex sports broadcast licensing deals, it is becoming more and more evident every day that broadcasting platforms are starting to realize making money running live sports events on their services.
Eugenio Derbez and 3Pas Studios sign CAA
APRIL 6, 2022 VIA DEADLINE – BREAKING HOLLYWOOD NEWS
CAA signed Eugenio Derbez and his production company 3Pas Studios across the board. Derbez is in a hotline after multiple deals were announced.
Clarifying MLB Blackout Limitations: Map Shows Why You Can’t Watch Off-Market Baseball Games in 2022
April 6, 2022 via Sporting News – MLB
With the division of regional into MLB in 2022, regional sports networks (RSN) have their own rights to broadcast matches, except in certain cases.
Non-Fungible Tokens (NFTs)
Kurt Cobain’s Guitar Used in Nirvana’s Video Smells Like Teen Spirit Appears in Auction | Baron
April 12, 2022 via Barron’s News
Regarded as the “spokesperson for Generation X,” Cobain died by suicide in 1994 at the age of 27. Cobain’s guitar has been highly sought after among music collectors.
Celebrity photographer Peter Badge launches World Heroes NFT Collection
April 12, 2022 via ZyCrypto
Famous photographer Peter Page has been collecting portraits of Nobel laureates since 2000. He has also collected portraits of great scientists, politicians, artists, actors, men on the moon, musicians, and philanthropists.
