News
Kalshi, IC360 Launch New Prediction Market Self-Exclusion Initiative
4+ hour, 50+ min ago (707+ words) Long before Kalshi became one of the fastest-growing non-AI companies in the U. S. with a valuation reportedly surpassing $20 billion, CEO Tarek Mansour laid out his optimistic vision for prediction markets in front of a small crowd at MIT's Samberg Conference Center....
FTC, Stub Hub Reach $10 M Settlement Over Ticket Price Transparency
4+ hour, 23+ min ago (217+ words) The Federal Trade Commission and Stub Hub this week settled a dispute over allegations that Stub Hub concealed the actual, total prices of tickets over a three-day period in May 2025. Stub Hub has agreed to pay $10 million into a consumer…...
Why the DOJ Investigation of NFL TV Deals May Just Be Bravado
1+ day, 2+ hour ago (570+ words) The U. S. Department of Justice has launched an investigation into whether the NFL has engaged in anticompetitive practices, including with respect to broadcasting arrangements, puts a new spotlight on a familiar target for the league. The investigation, first reported by'The Wall…...
Bad Blood: Taylor Swift Fan's Suit Reveals Ticket-Holder Limits
1+ day, 9+ hour ago (602+ words) Buying a ticket to a game or concert might not seem like entering a contract'but a ticket'is'a contract, and it contains many terms and conditions, often including an arbitration provision. That is key to a decision issued by a federal…...
Jeff Shell Leaves Paramount Skydance to "Focus on Lawsuit
2+ day, 5+ hour ago (209+ words) As Paramount Skydance looks to close out its $111 billion acquisition of Warner Bros. Discovery, embattled PSKY president Jeff Shell has taken his leave from the company. Shell's departure, which comes on the heels of a $150 million lawsuit levied against him…...
Fanatics Turns Rewards Program Into a Direct Revenue Stream
2+ day, 11+ hour ago (354+ words) Fanatics" loyalty program has tripled in size in its first eight months, growing from 10 million to 30 million members. Now the company is selling sponsorships against it. Fanatics announced a new five-year deal with AT&T (NYSE: T) on Wednesday that will…...
Sen. Warren Urges FCC to Shield Fans From Media Consolidation
3+ day, 2+ hour ago (562+ words) Sen. Elizabeth Warren (D-Mass.) and Rep. Pat Ryan (D-N. Y.) are the latest high-profile figures to respond to the Federal Communications Commission's solicitation for comment on sports broadcasting practices, as the two lawmakers on Tuesday urged the FCC to "protect sports…...
Wall Street Cop Drafts Trump NCAA Order Sure to Face Legal Challenges
1+ week, 17+ min ago (894+ words) According to a source, U. S. Attorney for the Southern District of New York Jay Clayton played an instrumental role in drafting the order. Through Friday's order, the president has directed federal agencies to "bolster the effectiveness" of rules related to transferring,…...
Fox, Sinclair Decry NFL Antitrust Exemption as Sop to Streamers
1+ week, 2+ hour ago (239+ words) Sportico. com For the past six weeks, sports fans have been flooding the Federal Communications Commission with testimonials about the difficulties of finding and accessing live games in the midst of the streaming boom, and while much of the commentary…...
Rutgers Alum's Athletics-Spending Suit Faces "Standing' Hurdle
1+ week, 19+ hour ago (656+ words) A New Jersey taxpayer who graduated from Rutgers has sued the public research university over alleged breach of fiduciary duty in losing hundreds of millions of dollars after joining the Big Ten. In a complaint filed in Middlesex County (N. J.) Superior…...