Netflix looking at owning leagues?

[4th&long]

https://frontofficesports.com/netflix-h ... t-remains/

>> The world’s largest — and most profitable — streaming service is still on the outside looking in for live sports.

Last year, Netflix appeared set to do more than just acquire streaming rights, as they had discussions to acquire the Premier Lacrosse League, sources told Front Office Sports.

And the PLL wasn’t Netflix’s only potential target. The World Surf League also had talks with Netflix about an acquisition. The PLL declined comment.

Neither of those deals — as well as Netflix’s bid to land F1’s broadcast rights in the U.S. — came to fruition as ESPN retained the package with a three-year deal worth as much as $90 million annually.

More than halfway into 2023, it remains unclear when — or even if — Netflix will fully embrace live sports.

“Our position in live sports remains unchanged,” Netflix co-CEO Ted Sarandos said in an earnings call last month. But it could be evolving at least somewhat. Sarandos said Netflix is working on some “experimental stuff,” including live coverage of a celebrity golf tournament in November. <<

Interesting, did not know that...

[johnnyangryfuzzball]

Oh, look, another nothingburger thread you can keep flooding with stories and bumping to the top to feed your ego... unless someone else starts the thread, then you have to start a new one and furiously bump it.

All of which has nothing to do with the XFL, because they have an exclusive deal with ESPN through 2027.

Repeating again... Netflix does not have the server capacity for live sports. Their first attempt at a live event was a technical disaster.

This is all starting to make me feel like I'm living up to my screen name.

[GDAWG]

Oh, look, another nothingburger thread you can keep flooding with stories and bumping to the top to feed your ego... unless someone else starts the thread, then you have to start a new one and furiously bump it.

All of which has nothing to do with the XFL, because they have an exclusive deal with ESPN through 2027.

Repeating again... Netflix does not have the server capacity for live sports. Their first attempt at a live event was a technical disaster.

This is all starting to make me feel like I'm living up to my screen name.

I think we need a separate forum for miscellaneous so he can post non XFL stuff there.

[MGB01]

Oh, look, another nothingburger thread you can keep flooding with stories and bumping to the top to feed your ego... unless someone else starts the thread, then you have to start a new one and furiously bump it.

All of which has nothing to do with the XFL, because they have an exclusive deal with ESPN through 2027.

Repeating again... Netflix does not have the server capacity for live sports. Their first attempt at a live event was a technical disaster.

This is all starting to make me feel like I'm living up to my screen name.

I think we need a separate forum for miscellaneous so he can post non XFL stuff there.

I suggested a forum/station line thing called WGAF, haven't heard back on it yet

[4th&long]

Well we already have one media company owe a spring FB league in the USFL. With XFL looking to sell up to 45% of itself for about $125-135mm from 2022? A media partner may be the answer for either league. Clearly NF had designs on buying a league...

https://www.sportico.com/leagues/footba ... 234684970/
(yes its blocked yet its true)

https://xflnewshub.com/xfl-news/xfl-see ... he-league/

>>XFLNewsHub has learned some arrangement parameters and goals for the equity search.
The XFL Seeking Investors To Own Up To 45% Of The League

The XFL has engaged PJT Partners to raise $125 million in equity funding. A focused equity raise with PJT Partners contacting 15 affiliated offices. RedBird Capital is prepared to fund 100% of the equity if needed. <<

[GDAWG]

Well we already have one media company owe a spring FB league in the USFL. With XFL looking to sell up to 45% of itself for about $125-135mm from 2022? A media partner may be the answer for either league. Clearly NF had designs on buying a league...

https://www.sportico.com/leagues/footba ... 234684970/
(yes its blocked yet its true)

https://xflnewshub.com/xfl-news/xfl-see ... he-league/

>>XFLNewsHub has learned some arrangement parameters and goals for the equity search.
The XFL Seeking Investors To Own Up To 45% Of The League

The XFL has engaged PJT Partners to raise $125 million in equity funding. A focused equity raise with PJT Partners contacting 15 affiliated offices. RedBird Capital is prepared to fund 100% of the equity if needed. <<

the Rock said that ESPN is an investor in the XFL, so that has probably already happened.

[FootballYoda]

The chance of this affecting the XFL is less than 10%. admittedly the broadcasting landscape is changing faster than ever these days. Never say never.

[4th&long]

Well we already have one media company owe a spring FB league in the USFL. With XFL looking to sell up to 45% of itself for about $125-135mm from 2022? A media partner may be the answer for either league. Clearly NF had designs on buying a league...

https://www.sportico.com/leagues/footba ... 234684970/
(yes its blocked yet its true)

https://xflnewshub.com/xfl-news/xfl-see ... he-league/

>>XFLNewsHub has learned some arrangement parameters and goals for the equity search.
The XFL Seeking Investors To Own Up To 45% Of The League

The XFL has engaged PJT Partners to raise $125 million in equity funding. A focused equity raise with PJT Partners contacting 15 affiliated offices. RedBird Capital is prepared to fund 100% of the equity if needed. <<

the Rock said that ESPN is an investor in the XFL, so that has probably already happened.

Rock said ESPN was a STAKEholder not a STOCKholder... they are not an investor in XFL.



>> Dwayne Johnson@TheRock
Not true.
ESPN is a stakeholder in XFL.
Long term partners.
Big plans for ‘24 season.
Back to work.
4:09 PM · Jun 14, 2023 <<

https://www.investopedia.com/terms/s/stakeholder.asp

[GDAWG]

Well we already have one media company owe a spring FB league in the USFL. With XFL looking to sell up to 45% of itself for about $125-135mm from 2022? A media partner may be the answer for either league. Clearly NF had designs on buying a league...

https://www.sportico.com/leagues/footba ... 234684970/
(yes its blocked yet its true)

https://xflnewshub.com/xfl-news/xfl-see ... he-league/

>>XFLNewsHub has learned some arrangement parameters and goals for the equity search.
The XFL Seeking Investors To Own Up To 45% Of The League

The XFL has engaged PJT Partners to raise $125 million in equity funding. A focused equity raise with PJT Partners contacting 15 affiliated offices. RedBird Capital is prepared to fund 100% of the equity if needed. <<

the Rock said that ESPN is an investor in the XFL, so that has probably already happened.

Rock said ESPN was a STAKEholder not a STOCKholder... they are not an investor in XFL.



>> Dwayne Johnson@TheRock
Not true.
ESPN is a stakeholder in XFL.
Long term partners.
Big plans for ‘24 season.
Back to work.
4:09 PM · Jun 14, 2023 <<

https://www.investopedia.com/terms/s/stakeholder.asp

Still it's been a year since the XFL wanted investors. If that had been progressing, we would have known something by now. I doubt that they want to sell 45% of the league anymore.