Business Intelligence

Ronaldo highest-paid athlete, footballers dominate top 10: Forbes

SportzPower Team

May 17, 2024 15:05

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Portuguese supertar Cristiano Ronaldo has topped the Forbes list of the highest-paid athletes for a second year running.

Ronaldo also headed the list last year following his move to Saudi Arabian football club Al Nassr.

The latest list of the highest-paid athletes released by Forbes reveals that the 39-year-old Portuguese forward earned $260 million over the past 12 months, up from $136m in the business magazine's 2023 listing.

Dec 13, 2023 18:12

Pitchbook Competition: Sports-ed startup CoLLearn bags top prize

AHMEDABAD: Gujarat Sports Startup Conclave has concluded here with sports-ed platform CoLLearn walking away with top honours and ₹10 lacs in prize money as ₹26lac in all was given out to the award winners on Monday.

Dec 12, 2023 18:12

Reliance, Disney media merger talks enter end game stage: Report

Reliance Industries Ltd (RIL) and Walt Disney Co. are in the final stages of negotiations for merging media and entertainment operations in India, The Economic Times reports. The business daily, quoting reliable sources close to the developments, states that the companies are working on a non-binding term sheet that would pave the way for the consolidation of their operations.

Dec 11, 2023 18:12

Rahul Dravid leads overall & sports celeb rankings in CWC’23

MUMBAI: TAM Sports has released the celebrity endorsement report for ICC Cricket World Cup 2023. The volume of ads featuring celebrity endorsements increased by 55% in ICC CWC’23 compared to ICC CWC’19 In the ICC World Cup’23, the Sports Persons secured the most significant brand endorsements, closely followed by the Film Actors

Dec 07, 2023 16:12

IMG names Luke Organ as global partnerships SVP for media biz

LONDON: IMG has appointed Luke Organ as senior vice president of Global Partnerships for its media business.

Dec 06, 2023 20:12

Pitchbook Competition: 7 sports startups shortlisted

AHMEDABAD: Seven sports startup companies have been shortlisted for the Pitchbook Competition during the country’s first ever Gujarat Sports Startup Conclave, slated to be held on December 11 at the TransStadia University in Ahmedabad. Over 60 sports startup companies had registered for the Conclave as the window for applying came to an end on December 02.

Dec 06, 2023 18:12

India has highest percentage of sports superfans: Insta survey

Gen Z in India has shifted gears, from prioritizing careers to being super on point with meme preferences, and exploring a variety of food flavors. They’re totally leading the trend game, as per our 2024 Instagram Trend Talk insights.

Dec 04, 2023 19:12

Digital Trends Report '24: Web3 shakedown, monetizing women's sport

LONDON: IMG Monday launched its Digital Trends Report 2024, exploring the technologies and developments that will shape the sport media landscape for rightsholders over the next 12 months. Now in its sixth iteration, this year’s predictions include the growth of smarter stadiums, tactical adoption of generative AI, and monetizing women’s sport through digital – to name a few.

Dec 01, 2023 18:12

IPL media rights value can touch $50bn in next 20 yrs: league chief

BENGALURU: IPL chairman Arun Dhumal believes that the media rights value of the world cricket's most valuable annual property has the potential to touch a staggering $50 billion over the next two decades, provided it keeps innovating and improvising with fans' interests in mind.

Nov 29, 2023 19:11

Women’s sports to break $1bn revenue barrier in 2024: Deloitte

Annual global revenues for women’s elite sports will generate $1.28 billion in 2024 (£1.02bn), Deloitte said on Wednesday. This is the first time that the billion-dollar threshold willl be breached. This total is at least 300 per cent higher than Deloitte’s previous valuation three years ago.

Nov 29, 2023 16:11

SA20 inaugural season added $221m to SA’s GDP: Study

JOHANNESBURG: The inaugural season of Betway SA20 contributed towards a significant financial impact on South Africa’s economy. An Economic Impact Assessment (EIA), commissioned by the League, highlighted the positive effect the 33-match competition had on Gross Domestic Product (GDP), household income, employment and direct expenditure.

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