Tuesday, October 24, 2023

Blog: News Media

Blog


Combat Sports, Sports Business and Pop Culture








Google Search


How we're improving search results when you use quotes - August 2022


Sometimes people know they absolutely, positively only want webpages that mention a particular word or phrase. For example, maybe you want to find out about phone chargers but only those that support wireless charging. Fortunately, Google Search has a special operator for that: quotation marks. Put quotes around any word or phrase, such as [“wireless phone chargers”], and we’ll only show pages that contain those exact words or phrases.


Now we’re making quoted searches better. The snippets we display for search results (meaning the text you see describing web content) will be formed around where a quoted word or phrase occurs in a web document. That means you can more easily identify where to find them after you click the link and visit the content. On desktop, we’ll also bold the quoted material.


For example, if you did a search such as [“google search”], the snippet will show where that exact phrase appears:


In the past, we didn’t always do this because sometimes the quoted material appears in areas of a document that don’t lend themselves to creating helpful snippets. For example, a word or phrase might appear in the menu item of a page, where you’d navigate to different sections of the site. Creating a snippet around sections like that might not produce an easily readable description.


We’ve heard feedback that people doing quoted searches value seeing where the quoted material occurs on a page, rather than an overall description of the page. Our improvement is designed to help address this.


Things to keep in mind about quoted searches

For those doing quoted searches, here are some more tips, along with caveats on how quoted searching works.


Quoted searches may match content not readily visible on a page. As referenced above, sometimes quoted searches match content contained within a web page that isn’t readily visible, making it seem like the content isn’t on the page when it actually is present.


For example, content in a meta description tag is looked at for matches, even though that content isn’t visible on the web page itself. ALT text that describes images is considered, as is the text within a page’s URL. Material brought in through inline frames (iframes) is also matched. Google may also see content that doesn’t initially load on a page when you go to it, such content rendered through JavaScript that only appears if you click to make it display.


Pro tip: Sometimes people use the standard Find command in a browser to jump to the phrase they want, after arriving on a page. If that doesn’t work, though, you can try using a developer tools option. For instance, in Chrome, you can search from within Developer Tools to match against all rendered text, which would include the text in drop-down menus and other areas of the site.


Pages may have changed since Google last visited them. While Google revisits pages across the web regularly, they can change in between visits. This means quoted material might appear on a page when we saw it, but it no longer exists on the current page. If available, viewing the Google cached copy may show where the quoted content appeared on the version of the page we visited.


Quoted terms may only appear in title links and URLs. Quoted terms won’t appear in web page snippets if they only appear within title links or URLs of a web page. We also do not bold matches that happen in title links and URLs.


Punctuation is sometimes seen as spaces. Our systems see some punctuation as spaces, which impacts quoted searches. For example, a search for [“don’t doesn’t”] tells our systems to find content that contains all these letters in this order:


don t doesn t


As a result, we’ll match content like the ones below, where punctuation like commas or hyphens break up words — because when you remove the punctuation, the letter patterns are the same:


don’t, doesn’t

don’t / doesn’t

don’t - doesn’t

Snippets might not show multiple quoted terms. If a search involves multiple quoted terms, the snippet may not show all of them if they are far apart from each other. Similarly, if quoted material appears several times on a page, a snippet will show what seems to be the most relevant occurrence.


We mainly bold quoted content for web page snippets on desktop.


Our new bolding of quoted content generally only works for web page snippets on desktop. Bolding won’t appear in snippets for recipe or video boxes, and it also won’t appear when using some special modes such as image or news search. However, anything listed in these boxes or special modes will contain the quoted terms. Bolding also doesn’t work for mobile results.


Quoted searches don’t work for local results. Quote restriction does not work for results in our local box where listings usually appear with a map; we’ll be looking more at this area in the future.


To quote or not to quote?

Using quotes can definitely be a great tool for power users. We generally recommend first doing any search in natural language without resorting to operators like quotation marks. Years ago, many people used operators because search engines sometimes needed additional guidance. Things have advanced since then, so operators are often no longer necessary.


By default, our systems are designed to look for both the exact words and phrases entered and related terms and concepts, which is often useful. If you use a quoted search, you might miss helpful content that uses closely related words.


Of course, there are those times when the exact word being on a page makes all the difference. For those situations, quoted searches remain available and are now even better.

(Google)



Quotes

“I had been hobbled, perhaps even crippled by a pervasive internet society I had come to depend on and take for granted... hit enter and let Google, that twenty-first century Big Brother, take care of the rest.


In the Derry of 1958, the most up-to-date computers were the size of small housing developments, and the local paper was no help. What did that leave? I remembered a sociology prof I’d had in college - a sarcastic old bastard - who used to say, When all else fails, give up and go to the library.”

― Stephen King,



Quotes


“There is discrimination, and the opportunities are not equal to everyone. Most countries are blocked from using several crucial features on Google, Amazon, Shopify, AliExpress, and many more platforms that the "internet millionaires" use to get all of their wealth. They are not smarter than you! They simply have access to markets that are blocked to you! When you try to compete inside their markets, the domain owners alter the algorithms to favor people in that geolocation and put them and their products in front of your. I have been stopped from uploading books for no other reason than being in east Europe. People don't believe these stories are true because they don't want to believe they are living in such a world. It's like the story of the Native Americans, who were offered blankets contaminated with diseases to kill them. Now you are being offered a blanket of illusions that gives you lies. And when you say the truth, they call it a conspiracy and hate speech.”

― Dan Desmarques





Pro Wrestling NXT Halloween Havoc 2023 Week One results

Lyra Valkyria stuns Becky Lynch to become the new NXT Women's Champion







Tyson Fury wrestling again?


Tyson Fury made his WWE in-ring debut at Crown Jewel in 2019 following an angle with Braun Strowman on SmackDown. Yet, despite the match being poorly received by fans, there have been occasional teases of Fury returning to the wrestling ring again, particularly relating to Drew McIntyre. However, during an interview with ESPN, the boxer has now revealed he has no intention of wrestling again, noting wrestling was too hard for him and that he’d rather dodge punches in the ring.



WWE’s too hard for me, boxing is much easier than WWE. It’s very physical and taxing on the body. WWE, getting slammed on the floor and all that sort of stuff. I’d rather move around the ring and dodge punches.” - Tyson Fury



It’s claimed that Fury was paid a staggering $15 million for his match at Crown Jewel, which, while hard to believe, could be possible due to the involvement of Saudi Arabia’s General Authority for Entertainment. Still, considering it’s speculated that Fury could earn $200 million for a fight with Ukrainian Oleksandr Usyk, it’s easy to understand why he has no interest in wrestling again.


(Web Is Jericho)






TWO WRESTLING STARS TO BE FEATURED ON UPCOMING SEASON OF HIT MTV SHOW



MTV rebooted Cribs in 2021, and it has now been announced that the upcoming season will feature CJ Perry and Nikki Garcia, both of whom have reality TV experience via The Surreal Life and Total Divas, respectively. It has yet to be confirmed when their episodes will air, although it is known the new series commences on November 15th. Other celebrates set to be featured include Dita Von Teese, Rumer Willis, Vanessa Williams, and Jesse Metcalfe.


For those unaware, Cribs is a show that takes fans inside the homes of celebrities homes via a Steadicam and, since debuting in 2000, has featured 113 episodes. However, there has been controversy over the show’s history, with some celebrities using rented properties and not displaying their true home. Nevertheless, the show has remained incredibly popular over its run, and it will be a big deal for the wrestlers to appear.

(Web Is Jericho)














WWE Crown Jewel 2023


United States Champion Rey Mysterio vs. Logan Paul


At WWE Crown Jewel,The Social Media Megastar has an eye for gold, specifically the United States Title being held by Rey Mysterio.


Paul has yet to win a WWE championship, despite coming close against Roman Reigns at WWE Crown Jewel last year. 


Paul called his shot soon after defeating Dillon Danis in a boxing match, declaring that he was coming for Rey Mysterio’s United States Title.


When Paul confronted Mysterio on the Oct. 20 episode of SmackDown, The Social Media Megastar explained his reasons for targeting the United States Champion, shaking Mysterio’s hand and vowing to let the best man win.


Paul defeated Mysterio on The Grandest Stage of Them All, albeit in tag team match with The Miz against Rey and Dominik Mysterio at WrestleMania 38 in Paul’s first-ever match. Much has changed since then, setting the stage for a monumental conflict.


Can Paul capture his first title in WWE, or will the WWE Hall of Famer hold on to the U.S. Title? 


Don’t miss all the incredible action of WWE Crown Jewel, streaming LIVE from Riyadh, Saudi Arabia, on Saturday, Nov. 4, at 1 p.m. ET/10 a.m. PT, exclusively on Peacock in the United States and on WWE Network everywhere else.


(WWE)







WWE Crown Jewel 2023


Undisputed WWE Universal Champion Roman Reigns vs. LA Knight



At WWE Crown Jewel, Roman Reigns will go one-on-one with LA Knight for the Undisputed WWE Universal Championship. The news was first reported by the LA Times.


On the Season Premiere of Friday Night SmackDown, The Greatest of All Time himself, John Cena, brought Knight face-to-face with Reigns, and the would-be challenger didn't flitch for a second before knocking a disruptive Jimmy Uso clean out of the ring. Later that evening, Knight defeated Solo Sikoa one-on-one, only to suffer an earth-shattering Spear by The Head of The Table.


One of the most dominant World Champions of all time, Reigns is enjoying a legendary title reign that stands at well over 1,000 days, winning epic battles against Brock Lesnar, John Cena, Cody Rhodes, Kevin Owens, Drew McIntyre and many more. As he presides over The Bloodline with an iron fist on The Island of Relevancy, The Head of the Table stands armed with a brutal arsenal and seems unstoppable. 


But "let me talk to ya!" LA Knight's charisma has helped make him the fastest-rising star in SmackDown history. While his ever-growing popularity may seem unimportant once the bell rings, Knight has fed off the power of the WWE Universe before, and he seems capable of turning that mighty force against The Head of the Table. He also carries an unwavering confidence, an extremely hard-hitting style and an unpredictable attack. Together, these factors arguably make him one of the most unique threats that the elite titleholder has faced in some time. "Yeah!"


Don’t miss all the incredible action at WWE Crown Jewel, streaming LIVE from Riyadh, Saudi Arabia, on Saturday, Nov. 4, at 1 p.m. ET/10 a.m. PT, exclusively on Peacock in the United States and on WWE Network everywhere else.



WWE)






Ribera Steakhouse, Japan



Ribera Steakhouse is a Japanese professional wrestling, boxing and mixed martial arts-themed steak house restaurant with two locations. The original location is in Gotanda, and there is a second, larger location in Meguro. Professional wrestlers frequent the restaurant when touring in Tokyo, a rite of passage in the wrestling community. In addition, some wrestlers receive a satin Ribera Steakhouse Jacket from the owners.HistoryChris Jericho credits wrestler Stan Hansen with "discovering" the restaurant in the 1970s. Hansen, however, credits Bruiser Brody with being the first American wrestler to discover the restaurant. In the late 1970s and early 1980s, American professional wrestlers began to frequent the restaurant when they were wrestling in Tokyo. Over time, the owner began to cover the walls with hundreds of pictures of the wrestlers who ate at his restaurant. The owner rotates the pictures to correlate with the wrestlers currently touring the country. The restaurant is also decorated with other sorts of memorabilia such as title belts and trophies.The owners of Ribera Steakhouse give out the Ribera Steakhouse Jacket to selected patrons. The jacket is satin and has a bull logo on the breast. Road Warrior Animal popularized wearing the jacket with Zubaz pants. Later, it became a rite of passage for American wrestlers to go to the steakhouse and receive their own jacket. Ricky Fuji has said that in English Ribera means, "I'm a wrestler, and I've been to Japan.






Wrestling News


WWE @WWE SmackDown. October 20, 2023


Confrontation: Rey Mysterio @reymysterio and Logan Paul @LoganPaul , fresh off his boxing victory and challenge


Iyo Sky @Iyo_SkyWWE  vs Charlotte Flair @MsCharlotteWWE - WWE Women's Title


Santos Escobar @EscobarWWE (Latino World Order) vs Montez Ford (The Street Profits)


And no doubt one of two massive surprises. What's lurking behind the curtain, backstage and in the locker room! Don't forget Nick Aldis is the new sheriff in town in the GM position.


Combat sports meets high drama, technical wrestling, brawling, wrestling faction situations, femme fatales, art imitating life, world's greatest communicators and antagonists and more. William Shakespeare would be proud. If you can't make it to the arena book an appointment with your TV! The lock is counting..


Image credit: WWE


#SmackDown #WWESmackDown #WWEUS #USTitle #wrestling #prowrestling #LoganPaul #ReyMysterio #Maverick #Prime #CharlotteFlair #TheQueen #wwewomen #entertainment #entertainmentnews #popculture #showbiz #FOX #broadcast #broadcasting #TV #trends #trending #buzz #X #media 





"But you Logan. Do. I'm not going to hesitate, to whoop your ass. You say you need this. You want this. You want this title"  - Rey Mysterio


"See. So badly". - Logan Paul


"Well, you know what. I'll give you the opportunity. Logan Paul vs Rey Mysterio for the United States championship at Crown Jewel" Rey Mysterio

#SmackDown #WWECrownJewel 




"Listen. It's not my responsibility what happens on Raw, It's my responsibility of what happened on SmackDown. And with that being said. you just earned yourself a $10,000 fine" Nick Aldis


"Well if your fining him fine his brother too. Fair's fair right? Adam Pearce


"I'll tell you what I'll do. Gentlemen, please escort him from the building" - NA


"Man, don't touch me" - Jey Uso


"Easy. Do you think its necessary. I'll escort him out" - AP


"You know, your right.  Please escort them both from the building" NA


"Sir"? Security


"You kicking me out of this building" AP


"Yes I am. Now please" NA


"Let the games begin. Let's go" AP 

#SmackDown






MMA/UFC /Combat Sports/Entertainment News

UFC 

294 Press Conference

Question


"Do you think that this fight, UFC 294, is going to make better numbers and is going to be louder and better than than that Francis Ngannou vs Tyson Fury fight"?


"HaHaHa. Um, I would certainly hope so. I would certaily hope so. Yeah, listen. Let's be honest, without smashing anybody here. These are the best fighters in the world here, in each weight class. That's what you want to see. I mean, you want to see the best fight the best. These two right here are the best. I would say yes sir.  But I'm pretty biased". - Dana White 

@DanaWhite



The Competition:


Francis "The Predator" Ngannou vs reigning WBC boxing champion Tyson Fury on Oct. 28 in Riyadh.


Riyadh Season is a state-sponsored annual entertainment and sports festival, part of the larger Saudi Seasons initiative held since 2019 from October to March during winter in Riyadh, Saudi Arabia.


Riyadh Season 2023


The fourth edition of Riyadh Season will be launching on 28 October 2023 with a brand new identity, new tagline ("big time") and title sponsorship from SNB. The opener event, Battle of Baddest, featuring Tyson Fury and Francis Ngannou, will be held on the same day.


This year's Riyadh Season will be marked with the addition of Boulevard Hall, a 40000 capacity indoor arena with FIFA standard football pitch capable of hosting various types of events. It will be renamed to Kingdom Arena in January 2024 and serve as the new home ground of Al Hilal.


The following events will take place as part of 2023 Riyadh Season:


WWE Crown Jewel 2023 will be held in Mohammed Abdu Arena on 4 November 2023.


Riyadh Season Tennis Cup, featuring Novak Djokovic, Carlos Alcaraz, Ons Jabeur and Aryna Sabalenka, will be held between 26-27 December 2023.


Riyadh Season Cup featuring Riyadh XI (combined Al Hilal and Al Nassr all-star team), Manchester City, Al Shabab and AS Roma, with dates to be confirmed.


2023 Supercoppa Italiana featuring Napoli, Inter Milan, Lazio and Fiorentina, with dates to be confirmed.


2023–24 Supercopa de España featuring Real Madrid, Barcelona, Atlético Madrid and Osasuna, with dates to be confirmed.


Riyadh Season has also secured front-of-shirt sponsorship with Serie A club AS Roma, worth 8 million euros per year.


Video

UFC Official YouTube

UFC 294 Embedded: Vlog Series - Episode 4

https://youtube.com/watch?v=eXz83shcZQk&ab_channel=UFC


Video

UFC Official YouTube

UFC 294: Pre-Fight Press Conference Highlights

https://youtube.com/watch?v=coDJXlH_hUY&ab_channel=UFC


UFC Official YouTube

Makhachev vs Volkanovski 2 - All Questions Will Be Answered | UFC 294

https://youtube.com/watch?v=StwKf9GcCf0&ab_channel=UFC


UFC Official YouTube

Alexander Volkanovski: 'Fighting in Someone's Territory Doesn't Mean Nothing' | UFC 294

https://youtube.com/watch?v=Bw2RJWOWiU4&t=10s&ab_channel=UFC


UFC 294: Live Weigh-In Show

https://youtube.com/watch?v=SUwKoYPdzBU&ab_channel=UFC


Video

Alexander Volkanovski YouTube

FIGHT WEEK FACE OFF UFC 294 | Alexander Volkanovski vs Islam Makhachev II Episode2

https://youtube.com/watch?v=bY2ABZ_5TqQ&ab_channel=AlexanderVolkanovski


Video

Riyadh Season YouTube

FURY Vs NGANNOU

https://youtube.com/watch?v=zTISRmnKDz4&ab_channel=%D9%85%D9%88%D8%B3%D9%85%D8%A7%D9%84%D8%B1%D9%8A%D8%A7%D8%B6%7CRiyadhSeason


Top Rank Boxing Official YouTube

Tyson Fury Arrives in Riyadh Ahead of the Battle of The Baddest | Fight October 28 ESPN+ PPV

https://youtube.com/watch?v=dFn8VmpZkdw&ab_channel=TopRankBoxing


Top Rank Boxing YouTube 

Tyson Fury vs Francis Ngannou | OFFICIAL PROMO | BATTLE OF THE BADDEST | OCT. 28 ESPN+ PPV

https://youtube.com/watch?v=T8n4PxcxwxQ&ab_channel=PremierBoxingChampions


WWE YouTube

WWE Crown Jewel goes big time when it returns to Riyadh on Nov. 4

https://youtube.com/watch?v=woHik9VX1f4&ab_channel=WWE



Pro Wrestling







Video

WWE WWE YouTube


SmackDown’s most dramatic moments: SmackDown highlights, Oct. 20, 2023

https://www.youtube.com/watch?v=RX1TPEOdbUk&t=1s&ab_channel=WWE


Image credit: WWE



"That will do it. And still and with style points, Islam Makhachev is the man" #UFC294 



Combat Sports/UFC News


UFC 294: Makhachev vs Volkanovski 2


Islam Makhachev defeats Alexander Volkanovski by KO (strikes) at 3:06 of Round 1


Khamzat Chimaev defeats Kamaru Usman by majority decision (29-27, 29-27, 28-28)


Magomed Ankalaev and Johnny Walker declared a no contest (accidental foul) at 3:13 of Round 1


Ikram Aliskerov defeats Warlley Alves by TKO (strikes) at 2:07 of Round 1


Said Nurmagomedov defeats Muin Gafurov by submission (guillotine choke) at 1:13 of Round 1


Muhammad Mokaev defeats Tim Elliott by submission (arm-triangle choke) at 3:03 of Round 3


Trevor Peek defeats Mohammad Yahya by unanimous decision (29-28, 30-27, 30-27)


Javid Basharat and Victor Henry declared a no contest (accidental low blow) at 0:15 of Round 2


Sedriques Dumas defeats Abu Azaitar by unanimous decision (29-28, 29-28, 29-28)


Mike Breeden defeats Anshul Jubli by KO (strikes) at 3:00 of Round 3


Muhammad Naimov defeats Nathaniel Wood by unanimous decision (29-28, 29-28, 29-28)


Viktoriia Dudakova defeats Jinh Yu Frey by unanimous decision (29-28, 29-28, 29-28)


Shara Magomedov defeats Bruno Silva by unanimous decision (30-27, 30-27, 30-27)


Video

UFC 294: MAKHACHEV vs VOLKANOVSKI 2 | COLD OPEN

https://www.youtube.com/watch?v=mbGyIXGYskM&ab_channel=UFC


UFC 294: Fight Day Focus - Makhachev vs Volkanovski & Usman vs Chimaev

https://www.youtube.com/watch?v=2OtMfZLsY_s&t=217s&ab_channel=UFC


UFC 294 Embedded: Vlog Series - Episode 5

https://www.youtube.com/watch?v=nQLqx3XEtuo&t=19s&ab_channel=UFC


Islam Makhachev Octagon Interview | UFC 294

https://www.youtube.com/watch?v=eYLJkUPNQuQ&ab_channel=UFC


Alexander Volkanovski Octagon Interview | UFC 294

https://www.youtube.com/watch?v=Y8dbUmQz4F8&ab_channel=UFC


Dana White Post-Fight Press Conference | UFC 294

https://www.youtube.com/watch?v=uysztdn_PoA&t=6s&ab_channel=UFC


Alexander Volkanovski Post-Fight Press Conference | UFC 294

https://www.youtube.com/watch?v=QQ5FZ0YCPZ0&t=29s&ab_channel=UFC


Islam Makhachev Post-Fight Press Conference | UFC 294

https://www.youtube.com/watch?v=5ch_EZ5DWpw&ab_channel=UFC


Image credit: UFC





Combat Sports/UFC News 


UFC @UFC 294: Makhachev vs Volkanovski 2


Prelim Results


Shara Magomedov def Bruno Silva by unanimous decision (30-27, 30-27, 30-27)


Viktoriia Dudakova def Jinh Yu Frey by unanimous decision (29-28, 29-28, 29-28)


Muhammad Naimov def Nathaniel Wood by unanimous decision (29-28, 29-28, 29-28)


Mike Breeden def Anshul Jubli by KO (strikes) at 3:00 of Round 3


Sedriques Dumas def Abu Azaitar by unanimous decision (29-28, 29-28, 29-28)


Javid Basharat and Victor Henry declared a no contest (accidental low blow) at 0:15 of Round 2


Trevor Peek def Mohammad Yahya by unanimous decision (29-28, 30-27, 30-27)


Muhammad Mokaev def Tim Elliott by submission (arm-triangle choke) at 3:03 of Round 3


Video

UFC Official YouTube

Dana White Post-Fight Press Conference | UFC 294

https://www.youtube.com/watch?v=uysztdn_PoA&t=6s&ab_channel=UFC


UFC 294: MAKHACHEV vs VOLKANOVSKI 2 | COLD OPEN 

https://www.youtube.com/watch?v=mbGyIXGYskM&t=1s&ab_channel=UFC


Islam Makhachev: 'I Already Beat Him, He Has Nothing to Lose' | UFC 294

https://www.youtube.com/watch?v=OrvjNqO1CXA&ab_channel=UFC


Top Finishes | UFC 294

https://www.youtube.com/watch?v=-4gsFcRnP1A&ab_channel=UFC


 Image credit: UFC 


Combat Sports/UFC News


Alexander Volkanovski quotes following UFC @UFC 294 defeat to Islam Makhachev


"Decisions. I could have made better decisions. You know. He's not somebody you should be taking short notice with but I needed it. Obviously a lot of people will say its for the money and all that. But, it was much more than that. You know what I mean. It is hard for athletes. Sorry. I never thought I would stuggle with it but for some reason when I wasn't fighting or in camp, *uck sorry, I'm just doing my head in. I mean, I need a fight and then this opportunity come up. I'll be honest. I wasn't training as much as I should of. But I thought I had to do it. I had to take or. Or I'm telling myself its mean't to be. Obviously, I was I stuggling a little bit not fighting. I just ask the UFC to keep me busy. ;Cause I need to be keeping busy. I need to be in camp otherwise I'm gunna do my head in".


Media


"I want to be sensative to what your saying. And I you don't have to reveal anything you don't want to. But you saying something like Tyson Fury spoken about in that past and that if I'm not fighting I get dark places and I start getting down. Or are you saying I get bored. What exactly do you mean you need to be busy before or it does your head in?


"Yeah. I dunno. It's weird. I've never believed..not believed in that stuff. Ah, I never got it. It was something.. I dunno know. Maybe the more and more I learn about myself. The more I understand. Yeah, I was different. I was a decision that I chose. I talked about us having a smile on my face. Me and my wife. Obviously my wife could see, you know, that it does get hard. I don't know. I think there was just so much going on. Obviously the surgery, then the baby. And yeah, I needed to get in camp. And then this fight like came up and I'm like, yeah, it's meant to be".. - Alexander Volkanovski


UFC Official YouTube

Alexander Volkanovski Post-Fight Press Conference | UFC 294

https://www.youtube.com/watch?v=QQ5FZ0YCPZ0&t=30s&ab_channel=UFC


MMAFightingonSBN Official YouTube

https://www.youtube.com/watch?


ESPN MMA Official YouTube Channel

We found out just how GREAT Makhachev is in his rematch vs. Volkanovski - Chael Sonnen | ESPN MMA

https://www.youtube.com/watch?v=nqT72pnktvs&ab_channel=ESPNMMA


The Mac Life Official YouTube

Alexander Volkanovski reveals mental struggles with inactivity: ‘I needed this for more than money’

https://www.youtube.com/watch?v=0eubVv4utEQ&ab_channel=TheMacLife



TNT Sports Official YouTube

UFC 294: Alexander Volkanovski sends stern warning to Islam Makhachev as he eyes REVENGE!

https://www.youtube.com/watch?v=ZLJCpHnwZ0g&ab_channel=TNTSports


Image credit: UFC 






Pro Wrestling


Impact Wrestling (aka TNA Wrestling)

Bound for Glory


Impact World Championship: Alex Shelley vs Josh Alexander


Impact Knockouts World Championship: Trinity vs Mickie James


Impact X-Division Championship: Chris Sabin vs KENTA


Impact World Tag Team Championship: The Rascalz (Trey Miguel & Zachary Wentz) vs ABC (Ace Austin & Chris Bey)


Impact Knockouts World Tag Team Championship: MK Ultra (Killer Kelly & Masha Slamovich) vs Tasha Steelz & Deonna Purrazzo


Monster's Ball Match: PCO vs. Rhino vs. Moose vs Steve Maclin


Will Ospreay vs. "Speedball" Mike Bailey


20-Person Call Your Shot Gauntlet 


Video

Impact Wrestling Official YouTube

IMPACT Hall of Fame | Countdown to Bound For Glory

https://www.youtube.com/watch?v=lEeGAlj3NmY&ab_channel=IMPACTWrestling


Mike Tenay and Don West Inducted Into the IMPACT Hall of Fame | Bound For Glory 2023 Highlights

https://www.youtube.com/watch?v=bQOrBP1HpdE&t=3s&ab_channel=IMPACTWrestling


FULL Bound For Glory 2023 Highlights - Order the PPV Replay NOW!

https://www.youtube.com/watch?v=do-RMzQGf1U&ab_channel=IMPACTWrestling


MATCH OF THE YEAR! Will Ospreay vs. Mike Bailey DREAM MATCH! | Bound For Glory 2023 Highlights

https://www.youtube.com/watch?v=zJakLOQuyuI&ab_channel=IMPACTWrestling


"TNA Wrestling - We're F*****g BACK!" | TNA Returns January 13 at Hard To Kill

https://www.youtube.com/watch?v=WmqGNJ2sV_4&t=2s&ab_channel=IMPACTWrestling







Pro Wrestling


AEW Collision


Ricky Starks and Big Bill vs Blackpool Combat Club (Claudio Castagnoli and Wheeler Yuta)


Bryan Danielson vs Andrade El Idolo


Eddie Kingston vs Jeff Jarrett -Memphis street fight


and much more


Video

AEW Official YouTube

Dream Match: Danielson v Andrade + Five Huge Title Matches | AEW Control Center: Memphis, 10/21/23

https://www.youtube.com/watch?v=SfEVsM9X5_M&t=3s&ab_channel=AllEliteWrestling


Only in dreams! Bryan Danielson takes on Andrade El Idolo one-on-one! | 10/21/23, AEW Collision

https://www.youtube.com/watch?v=Slo4bNzz6_I&t=12s&ab_channel=AllEliteWrestling


New AEW Tag Champs, Starks & Big Bill, take on BCC in their first defense! | 10/21/23 AEW Collision

https://www.youtube.com/watch?v=VFoeiLUKzFY&t=4s&ab_channel=AllEliteWrestling


FTR return to the ring on Collision... and so do HOUSE OF BLACK! | 10/21/23 AEW Collision

https://www.youtube.com/watch?v=DHpW49P0N5A&ab_channel=AllEliteWrestling


ROH Champ, Eddie Kingston, takes on Jeff Jarrett in a Memphis Street Fight! | 10/21/23 AEW Collision

https://www.youtube.com/watch?v=2Ix_euH1Zfw&ab_channel=AllEliteWrestling


Bullet Club Gold’s Top Shelf Gunns return to tag-team action! | 10/21/23, AEW Collision

https://www.youtube.com/watch?v=ssSxQHQwNJc&ab_channel=AllEliteWrestling


Could Action Andretti survive his encounter with "The Redeemer" Miro? | 10/21/23 AEW Collision

https://www.youtube.com/watch?v=RWErWMJhOqs&ab_channel=AllEliteWrestling


Media Man: Strong thumbs up


Quotes

"Intimidation is an unusual animal: it's a lot about body language and understanding the human psyche. Knowing that usually a direct stare will crush most human souls, and that's just the basic gist of it... The soul-crushing stare, the fatherly disappointment, mixed with a little bit of hate and rage - you're on your way" - Samoa Joe #SamoaJoe #quote #wrestling #prowrestling #wrestler #intimidation #bodylanguage #psyche #combatsports #sports #popculture #legend #media 



"In our personal and professional lives, we are constantly hit with one adversity after the other, most of which we have no control over. But the four things we have total control over is how we react, how we adapt, how we breathe, and how we take action" - Diamond Dallas Page #DallasPage #quote #life #lives #living #adversity #control #mindset #motivation #mbs #world #media 



"You can't dictate to a country or a religion about how they handle things, but having said that, WWE is at the forefront of a women's evolution in the world, and what you can't do is effect change anywhere by staying away from it" Triple H, WWE @WWE executive








SEJ Keyword Cannibilization


SEJ's Corey on an insightful and helpful feature article on keyword cannibalization re SEO and paid search campaigns. It's quite the balancing act. Clear lines of communication between management, staff and departments is critical. Make sure the technical is speaking the same language as marketing and are in harmony and working towards the same end goal - success as a team..Keep tap.of results, performance, cross-over, stats, sales, investment, true efficiency vs false efficiency, economy.of scale, and how could we forget the often changing Google algorithm. Keep your finger on the pulse and adjust the sails for changing conditions. 



Media Int Man X (formally Twitter)




Top Rank Boxing

X


"I can't believe it. Looking from there. The boy has made it" - Francis Ngannou #FuryNgannou 




Mojahed Fudailat wins Media Man 'Animation Artist Of The Month' and 'Sports Artist Of The Month' award. Based on merit alone. Bragging rights. Sports and art fans for the win! #MojahedFudailat #mmaart #ufcart #sportsart #combatsports #sportsartist #mmaartist



Search Engine Journal Show


Good stuff. At least ebooks can be updated quicker and cheaper than traditional books. That Google update algorithm! 




Lexis King to run roughshot at NXT @WWENXT Halloween Havoc. Ain't in anyone's shadow! Conquer self and family legacy for the win. King to cause havoc for fellow pro wrestlers. Release those demons! #HalloweenHavoc #LexisKing 






Pro Wrestling


NXT @WWE Halloween Havoc 2023. Week One 


Becky Lynch vs Lyra Valkyria - NXT Women’s Title


The Family (Tony D’Angelo & Stacks) vs Chase U - NXT Tag Team Championship


Gigi Dolin vs Blair Davenport. Lights Out Match


Roxanne Perez vs Kiana James. Devil’s Playground Match


Lexis King (not Brian Pillman Jr)! to make debut. Havoc expected and forecast!


Video

WWE Official YouTube


Lyra Valkyria to challenge Becky Lynch as Halloween Havoc begins: NXT sneak peek

https://www.youtube.com/watch?v=lQbRXXucFCU&ab_channel=WWE







Crypto News





Blog

Cryptocurrency News

Exploring the Latest Statistics for Cryptocurrency Investors



Some of the most recent statistics that provide valuable insights for cryptocurrency investors

Cryptocurrency markets have seen remarkable growth and transformation in the past decade, with millions of investors worldwide participating in this dynamic and often volatile space. As the cryptocurrency ecosystem continues to evolve, it’s essential for investors to stay informed about the latest statistics, trends, and developments in the market. In this article, we will explore some of the most recent statistics that provide valuable insights for cryptocurrency investors.


Market Capitalization

Market capitalization is a fundamental metric in the cryptocurrency space. It represents the total value of all cryptocurrencies combined. As of the most recent data, the cryptocurrency market cap exceeds $2 trillion. This number gives investors a sense of the overall size and significance of the market.


Bitcoin Dominance

Bitcoin, often referred to as digital gold, is the most dominant cryptocurrency in terms of market capitalization. It has consistently maintained a dominance percentage of around 40-50% in recent years. This metric helps investors understand Bitcoin’s relative importance within the broader cryptocurrency market.


Altcoin Popularity

While Bitcoin remains the largest cryptocurrency, altcoins (alternative cryptocurrencies) have gained popularity. Ethereum, Binance Coin, and Cardano are some of the leading altcoins. Ethereum, in particular, is known for its smart contract capabilities, and the total value locked in decentralized applications (DeFi) has surged.


Exchange Statistics

The number of cryptocurrency exchanges has grown significantly. At present, there are over 300 exchanges globally. The competition between exchanges has led to improved services, lower fees, and increased trading volumes.


Trading Volume

Daily trading volume is a critical statistic for investors. It provides insights into the liquidity and activity in the market. Recent data shows that the daily trading volume for all cryptocurrencies is well over $100 billion, indicating substantial market participation.


Wallet Growth

The number of cryptocurrency wallets continues to grow steadily. This reflects the increasing interest and adoption of digital assets by individual investors. As of the latest figures, there are over 80 million blockchain wallet users.


Institutional Involvement

Institutional participation in the cryptocurrency market has surged in recent years. Major financial institutions, hedge funds, and publicly traded companies have started investing in cryptocurrencies. This trend has contributed to the market’s overall legitimacy and growth.


Regulatory Developments

Cryptocurrency regulations are evolving worldwide. Governments and regulatory bodies are increasingly addressing the need for regulatory frameworks to govern digital assets. Investors are closely watching how these regulations may impact the market.


NFT Explosion

Non-fungible tokens (NFTs) have become a significant trend in the cryptocurrency space. NFTs represent unique digital assets and are often used for digital art, collectibles, and in-game items. The NFT market has experienced substantial growth, with high-profile sales of digital artwork making headlines.


DeFi and Yield Farming

Decentralized finance (DeFi) platforms and yield farming have gained traction among investors. These platforms offer various financial services, including lending, borrowing, and liquidity provision. Total value locked in DeFi protocols has surpassed $100 billion.





Sports Business News


TECH TRENDS CONTINUE TO SHAKE SPORTS FANDOM. MAY THE BEST IDEAS WIN


In 2022, a number of new technologies offered glimpses of their promise for sports—and their drawbacks. 


An explosion of streaming services has brought more action to our fingertips, while simultaneously making it harder (and possibly more expensive) to find any one game. Meta showed off its vision of online worlds bringing us closer together, but performance issues led the company to put part of its Horizon Worlds team in a “quality lockdown” this fall.


FTX imploded, if you hadn’t heard, largely extinguishing excitement about blockchain’s potential. And that was only days after Twitter began writhing through an Elon Musk-led overhaul. 


Over the last year, the Internet writ large seemed poised to offer fans things like better access to their favorite teams, fun new ways to connect with peers, and even literal riches. But the deliverables rarely matched the hype. Instead came another reminder that “new” doesn’t necessarily mean “better” and that, with a few poor decisions, the sports fan experience has the potential to actually get worse.


During 2023, we’ll see how the following tech developments impact sports, for good or for bad.


Streaming

This year, Amazon, Apple, and Google-owned YouTube have set themselves up to apply their unique philosophies to live sports. (Netflix remains on the sidelines. For now.)


Amazon went first, with its operational focus helping it successfully set a new standard for streaming sports with Thursday Night Football. Apple, meanwhile, has always put an emphasis on top-to-bottom design, which often requires a high degree of creative input if not outright control. In a league-level partnership with Major League Soccer, they’ll get the chance to show how they think modern sports fandom should operate. 


Then there’s Google, which will lean on its decades-long history of organizing information and making it accessible as it builds a product to help fans watch the right out-of-market NFL games at the right time. YouTube made one of the biggest sports media splashes of 2022 by securing seven years worth of NFL Sunday Ticket. Now it will need to meet fans’ expectation of an improved experience—and sell a lot of subscriptions. 


So far, tech companies have mainly only changed where sports are broadcast, not what it is like to watch them. After shaking up music and TV, streamers need to give fans a reason to be excited about games making the jump to digital. AltCasts might be that reason, though right now the best one—the ManningCast—resides on ESPN2.


Social

It’s not just Twitter that’s in flux; some pundits are declaring Instagram to be “Over.” TikTok continues to face regulatory scrutiny. Numerous other platforms have recently suffered layoffs in the face of discouraging advertising projections.


Athletes and properties have turned into 365-day brands thanks to social media, and that won’t stop even if the platforms change. Instead, look for teams and leagues to build even more direct relationships with their fans—the NBA and NFL are already taking cues from social companies with new features in their own apps.


Sports is primarily a community product. Teams sell an identity and an invitation to a group. As more of life takes place on the Internet, it’s crucial fans have a digital place they’re proud to call home.  


Augmented Reality

While the Metaverse hogged more of the hype spotlight last year, AR has quickly found a home in sports. Broadcasters ranging from ESPN to Nickelodeon are incorporating virtual elements into their shows. Numerous properties are also experimenting with how phone-based tools could improve or enliven the in-person experience. 


More radical change will come when (and if) a critical mass of people decide it’s time to buy (and wear) advanced headsets. Live sports content could drive adoption, but rights holders might also be wary of being burned on the idea for a second time in 10 years.


In the meantime, VR games like NFL Pro Era and Golf+ are already demonstrating interesting use cases. We’ll see if any leagues are able to leverage advanced simulators to develop a new generation of fans. 


Artificial Intelligence

AI (called as much because we’re evidently on a nickname basis with our computers after all these years) will only intensify the speed of all those above changes. Automated cameras will soon be paired with AI-commentating to elevate the production values of more sporting events, including youth-level games. Online, AI promises even more personalized feeds and viewing recommendations, like a customized RedZone channel. Computational wizardry might also hold the keys to creating more advanced AR graphics and life-like digital spaces. 


But then come the buts, such as the potential for brand-damaging fake videos and the possibility of minimizing the human element that has made sports sports. 


There’s a lot of change on the horizon, and by now we’ve learned it won’t all be positive. It can’t be. In each of these categories, some tech will prove itself; other stuff will prove itself … to be a headache. Here’s hoping 2023 is not another rebuilding year.


May the best ideas win.


(John WallStreet)






HOW PROFITABLE IS ESPN? DISNEY BREAKS OUT FIGURES FOR FIRST TIME



Just how profitable is ESPN to The Walt Disney Co.? For the first time, per The Hollywood Reporter, there’s a clear answer, and it shows just how lucrative the sports business is for the company.


Beginning next quarter, Disney will change how it reports its quarterly financials. The move comes after CEO Bob Iger’s reorganization earlier this year to “to restore creativity to the center of our business.”


The new structure will consist of parks and experiences, entertainment and sports (which is almost entirely ESPN, with Star-branded sports channels in India comprising a small portion). Whereas before ESPN was lumped in with all of Disney’s linear TV and streaming assets in the Disney Media and Entertainment Distribution division, and before that was folded into its other TV assets, including ABC and the Disney cable channels, it will now occupy its own division, led by Jimmy Pitaro.


According to an SEC filing Wednesday that outlines the new financial reporting structure, ESPN delivered $16 billion in revenue in fiscal 2022 (the company’s fiscal year ended October of 2022), and had profits of $2.9 billion.


For comparison, the new “entertainment” division, which includes Disney’s other TV networks and streaming services, as well as its film and TV studios, had revenues of $39.6 billion in fiscal 2022 … but profits of only $2.1 billion, thanks to Disney’s yet-to-be-profitable streaming business.


That lucrative profit margin for ESPN underscores why the company seems intent to keep it for the time being, and why it was so eager to cut a deal with Charter Communications and end its blackout last month.


Indeed, a deeper read of the finances show that most of ESPN’s revenues came from pay TV carriage fees ($10.1 billion), compared with advertising revenue of $4.4 billion. As cord-cutting has worsened, ESPN has bore the brunt of it for Disney, thanks to its lucrative carriage deals.


It’s worth noting that before Disney began spending billions on streaming, the filing shows that its traditional entertainment business was very profitable, and the “peak losses” at Disney+ pushed them down last year.


Now Disney is looking for partners to become minority shareholders in ESPN, with sports chief Jimmy Pitaro saying earlier this year the company wants “partners that we think can make the flagship product more compelling” as it plans a streaming offering. Hearst, an early investor in ESPN, continues to own a 20 percent stake in the channel.






Sports News Media


YouTube’s NFL Bet May Be About Becoming Sports Content Filter



YouTube’s successful technical launch of NFL Sunday Ticket has turned industry observers’ attention to the business rationale behind the company’s $14 billion bet on American football.


DirecTV held the exclusive broadcast rights to the league’s out-of-market package from 1994 through the 2022 season. While the service helped to drive subscriptions, and credibility to the satellite-delivered “cable TV” service in its early years, the company is widely believed to have lost tens of millions of dollars on the quarter century plus long relationship.


DirecTV was paying $1.5 billion annually to the league over the last eight years of the relationship. Reports have stated that just 10% of company subscribers bought the football specific service.


It is challenging to make a direct business case for YouTube paying $2 billion a year to acquire the product given this context. And that is before one realizes YouTube is not requiring NFL fans to be YouTube TV subscribers to purchase their Sunday Ticket offering (as was the case with DirecTV). The streaming service can be bought on an a la carte basis.


However, Google may not be looking at it that way. The company may see investing in the tier-one produced content as a means of “driving more eyeballs and driving up CPMs to its traditional YouTube platform,” Matt Rosenberg (managing director & head of media finance, Monroe Capital) said. “Google can afford the large price tag it takes to do this.”


It is also suspected that the Google subsidiary is using the NFL package to anchor the sports content discovery platform it is building. Stratechery’s Ben Thompson theorized the company may be planning to monetize the rights by turning YouTube into a ‘filter’ for sports content, similar to what its search engine does for internet content.


Of course, Google acquired YouTube in 2006. Both companies are now part of the holding company Alphabet.


YouTube and the Google Press Team did not respond to a request for comment on the speculation.


The internet made it easy for people to create content. But the rapid proliferation of it quickly made discovery a challenge.


Google became the internet’s dominant search engine by making it easy for people to find the content they were after. Millions of people now use it daily to navigate the internet.


The company monetizes the traffic it generates by serving as a referral engine to product, service, and content providers, primarily through search engine ads. And it generates a fortune (see: $42.6 billion in Q2 ‘23).


Sports fans are now facing their own content discovery challenges.


The emergence of countless new properties, the rise of streaming services (think: YouTube TV, ESPN+, AppleTV, and Amazon Prime) and the fracturing of rights packages have made it increasingly challenging to find the game one wants to watch.


At the same time, sports content costs are rising (annual rights fees cost billions of dollars) and unlike entertainment programming, the content is usually only shown once.


Google found being the filter for content, rather than the primary creator of it, to be a lucrative strategy for its internet search business. Logic suggests YouTube may be trying to replicate the model around digital sports programming.


The main difference this time around is that YouTube made a substantial investment in content to bring users to its platform. Presumably, the hope is NFL Sunday Ticket draws fans into the centralized content marketplace and that they’ll continue using the platform to find the games they’re looking for.


The company will then likely pursue a commission each time it refers a fan to a third-party platform (e.g., ESPN+).


Amazon, Apple, and Roku charge similar fees for referrals to other platforms. Affiliate has become a profitable revenue stream for those companies, generating billions of dollars in combined revenues.


“YouTube isn't taking this exclusively to YouTube TV because it wants to build YouTube Primetime Channels–[this is] its answer to Apple and Amazon's channel stores,” John Kosner (president, Kosner Media) said.


Google’s ‘late’ entrance into the marketplace should not be an issue given that it has overcome similar competitive dynamics before. It was not the first search engine when it launched, but was able to make up the time lost by delivering a better experience.


Combining NFL content with YouTube/Google search capabilities would seemingly have the company in position to become sports’ preferred discovery solution. If it can achieve those ambitions, generating a return on the Sunday Ticket investment shouldn’t be an issue.


“YouTube TV is far more than just one of the Virtual Multichannel Video Programming Distribution (vMVPD). It is becoming one of the largest TV distributors period,” Kosner said.


(JohnWallStreet)







‘Couldn’t organise a conference for 500’: event expert on Games chaos


The Victorian government’s team in charge of delivering the 2026 Commonwealth Games was so inexperienced it would have struggled to host a 500-person conference, an inquiry has been told.


Event Pty Ltd director Simon Thewlis said one of the primary causes of the Games’ failure was that it was being organised by “generalist public servants” rather than specialists. He also panned the reliance of state government “super departments” on outsourcing work to consultancy firms.


Events industry heavyweight Simon Thewlis has slammed the organisational structure of the Victoria’s ill-fated Commonwealth Games, saying it was “always going to end in tears”.  Eamon Gallagher


Mr Thewlis said he believed the Games would always “end in tears” given its business case was based on the 2018 Gold Coast Games but was intended to be held in five regional hubs across Victoria.


“At the end of the day, a bunch of people with little to no real operational major event experience tried to organise one of the largest events our country has ever seen,” he told an inquiry on Monday.


“This is a story of astonishing arrogance and hubris that has seen Victoria going from having once been a leading event state to one responsible for the biggest debacle in the history of events in Australia.


“They thought they knew better than the event industry. They failed


Mr Thewlis said he believed the Games would always “end in tears” given its business case was based on the 2018 Gold Coast Games but was intended to be held in five regional hubs across Victoria.


“At the end of the day, a bunch of people with little to no real operational major event experience tried to organise one of the largest events our country has ever seen,” he told an inquiry on Monday.


“This is a story of astonishing arrogance and hubris that has seen Victoria going from having once been a leading event state to one responsible for the biggest debacle in the history of events in Australia.


“They thought they knew better than the event industry. They failed completely. I would go as far as saying had the project been a conference for 500 people, they still would have been in trouble.”


Mr Thewlis, who has worked in the Victorian event industry for 40 years and co-founded the lockdown-era Save Victorian Events campaign, said leading public servants in the Department of Jobs, Precincts and Regions “decided they were the best people in Australia to run the Games”.


‘Unencumbered by knowledge or experience’

“To my knowledge, they all had little to no real operational major event experience and some an unwillingness to ever listen or learn. This confirmed to me that the Games would end in tears,” he said.


“Events don’t happen by magic. They involve a whole range of really quite specific skill sets. They didn’t do that, it was just generalist public servants.


“I have no doubt that they all thought they were doing a good job. They were so unencumbered by knowledge or experience that they would not have known otherwise.”


Red flags in the business case included that Melbourne spent $2.9 billion to host the Games in 2006, but the 2026 event, with a “vastly more complex regional model”, was budgeted to cost $2.6 billion.


Also, the Gold Coast in 2018 spent $40 million on ceremonies, but only $41.9 million was budgeted for 2026 ceremonies at the MCG and Geelong’s Kardinia Park.


Mr Thewlis said the axing of the Games would put NSW in a better light than Victoria, particularly after the Sydney edition of the South By Southwest festival, the first time the festival was held outside Texas in 36 years.


Volleyball Australia chief executive Andrew Dee told the inquiry earlier on Monday Victoria would be a “place to avoid for some time” for major events.


Meanwhile, Commonwealth Games Australia boss Craig Phillips said he and fellow organisers met in April with Victorian Premier Jacinta Allan, who was then the minister tasked with delivering the event, to discuss cost pressures and proposed savings.


“We got the impression that she was very confident the budget would be available,” he said.


Ms Allan has denied misleading parliament by saying “tremendous progress” was being made to host the Games months after receiving advice that the cost would blow out by billions of dollars.


Mr Phillips said the government was yet to pay the $380 million agreed compensation for cancelling the Games, because the federation was concerned it may have to pay UK tax on the payout.


(AFR)






Seven boss content with ‘last-mover advantage’ on streaming - October 24, 2023


Kerry Stokes-controlled Seven West Media is pitching its all-in approach to free-to-air television as an asset to advertisers, with CEO James Warburton saying that the network is not captive to the distractions of newer broadcast formats, like streaming.


According to Warburton, Seven’s main competitors, Ten and Nine (the owner of this masthead), are “probably a little bit distracted with the other bits they’ve got”.


“They don’t talk a lot about just television. Whereas us, it’s what we eat, sleep and breathe.”


Warburton spoke to this masthead before Seven’s annual Upfront event last week, where the network pitched its slate of programming to media executives in a bid to secure a chunk of tighter advertising dollars.


Backed by the network’s staple performers, Home and Away and The Voice, Warburton points to Seven’s claim as the “number one free-to-air network”, based on this year’s TV ratings survey period.


It’s an important metric, given Warburton’s real challenge is to remind advertisers that television remains an unmatched place to reach audiences at scale.


Ten/Paramount will pitch to advertisers this week, showcasing its free-to-air product, alongside content on affiliated streaming service, Paramount+. Meanwhile, Nine, which made its pitch in September, has assets in streaming (Stan), radio and newspapers, including this masthead.


Warburton reckons these other assets should be seen as a distraction from the main event, and that’s television.


But his upbeat tenor belies the pressure the television industry continues to face from global and digital competitors. Meanwhile, the advertising pool is continuing to shrink, with total revenue across the year ending June 30 dropping 7.9 per cent.


In a $3.6 billion market, Seven remains a powerhouse, but its long-term viability looks increasingly wobbly. While Seven does own Perth-based masthead The West Australian, it’s lack of diverse assets, particularly in the premium streaming space, means it will continue to be reliant on revenue from freely accessible news, sport and entertainment.


However, across the past 12 months, market sentiment on global streaming SVOD (streaming video on demand) services has soured, and Warburton believes Seven can focus on what it does best by not being weighed down by the “pain” involved with such products.


“I’m not a believer in last-mover advantage, I’m too aggressive for that,” he says, but in this case, “it exists”.


Seven did mull the streaming opportunity, working with NBCUniversal at one time to partner on a local launch of the latter’s streaming service, Peacock. NBCUniversal eventually decided that licensing made more sense. 


Now, global giants like Disney are rethinking their commercial models, freeing up some of their content to be licensed across other platforms and allowing the US heavyweights to turn their intellectual properties into dollars, even as their streaming platforms start to stutter.


Paramount on Tuesday announced it was adding an advertising tier to its Paramount+ service in Australia, in a bid to attract new audiences at a lower price point and diversify revenue opportunities on the platform. The tier will be introduced in Australia in 2024.


“I think everyone puts on a brave face, but ultimately, it always comes back to economics, and it’s funny to read some global people saying it was all about subs at any cost, and now it’s about profitable subs. Like, really?” Warburton said.


“You wouldn’t want to be trying to renew content pipelines in this market, you can see clear as day they’ll all be here eventually,” Warburton adds, a potential reference Foxtel’s lucrative HBO-based content deal with Warner Bros.


Discovery is another company looking to launch its own service, Max, in 2025.


Seven is hoping new content, including a new format drawing from the popular Made in Chelsea brand, Made in Bondi, co-commissioned with British network Channel 4, will help bring new audiences to its free digital service, 7Plus, alongside a number of new titles fronted by the ‘Bondi Vet’, Dr Chris Brown, recently recruited from Network 10.


Brown will do the heavy lifting for Seven in 2024, hosting a new The Block-like format, Dream Home, and a new dating show, Stranded on Honeymoon Island, while also joining Sonia Kruger as co-host of Dancing with the Stars.


Also coming to Seven’s digital channels at the end of 2024 are new broadcast deals with the AFL and Cricket Australia. Currently, the network’s respective deals with the sporting bodies only allow it to broadcast matches on linear channels.


Next on the horizon for Warburton is doubling up on winter codes with an attempt to snatch the NRL’s State of Origin. The three annual games are a regular ratings hit across both linear and digital channels for current rights holder Nine, though negotiations are not likely to take place until 2025.


“Our commitment is with the AFL - but absolutely [Seven is interested]. We have a very good relationship with [Racing NSW CEO and chairman of the Australian Rugby League Commission] Peter V’Landys through racing, and a very good relationship with [NRL chief] Andrew Abdo as well, so that’s something we’ll target,” he said.


Nine declined to comment.





Forget football: investors line up as PFL reveals local launch - October 2023


The fast-growing Professional Fighters League wants to take on giants like UFC and sees Australia as a key part of that strategy. Local fighters – and money – will help.


(The Australian)



MMA star’s $10 million boxing payday continues shakeup - October 22, 2023


Mixed martial arts star Francis Ngannou is in the final week of training for his first professional boxing match, which will reportedly pay him $10 million — 16 times more than his most recent MMA bout.

Ngannou was a heavyweight champion in the Ultimate Fighting Championship, MMA's top circuit. When his contract expired earlier this year, he signed with the upstart Professional Fighters League, which — unlike the UFC — allowed him to compete in boxing, where purses can be much larger. If other UFC stars follow his path, it would continue shaking up the sport.


On Oct. 28, Ngannou will fight world heavyweight champion Tyson Fury in Saudi Arabia. Although payouts haven’t been officially revealed, Fury has said Ngannou is set to make at least eight figures.


The tilt is another meeting between a top boxer and MMA fighter that’s drawing lots of media attention and big paydays. Conor McGregor set the stage for these kind of matchups in 2017, when the UFC star boxed and lost to Floyd Mayweather. McGregor earned $85 million, according to Forbes.


Despite experiencing a boom in popularity, MMA’s top fighters still can’t match the payouts of boxers. One big reason is that boxing is a much older sport with a lucrative business model in place. And while MMA fighters are under contract with a promotion or league, boxers act as their own business entities. That gives them more power when negotiating fights and advertising deals.


"Most fighters are barely able to make a living,” Ngannou said. They’re "living paycheck to paycheck.”


Ngannou, who oddsmakers see as a big underdog against Fury, was able to take part in a boxing match because of a unique contract with the PFL, which was founded by venture capitalist Donn Davis.


"I didn’t know a contract could be this great,” Ngannou said. "It’s been a while since I have had a promotion that fully supports your goals and dreams.”


The deal also gave Ngannou a minority stake in the league. That adds to a growing portfolio that includes ownership of a professional soccer team in his native Cameroon. He’s also interested in purchasing a piece of a Major League Soccer team.


UFC fighters have applauded the deal, with UFC hall-of-famer Daniel Cormier saying it "set a new standard.”


Ngannou’s contract with the PFL could be replicated again, according to Davis.


"If people can deliver what Francis can deliver then we will give them a Francis contract,” Davis said during an August interview.


Ngannou has pushed for better pay for his peers. As part of his deal with the PFL, his opponents will receive a guaranteed payout of $2 million.


MMA athletes have already pushed back against their employers. The UFC is currently in the midst of an antitrust lawsuit filed in 2020 by former fighters that alleges unfair business practices and seeks up to $1.6 billion in damages. Ultimately, Ngannou would like to see fighters unionize, but doubts it will happen.


"Until there is a law or government officials (get involved), there is not a way that a union can happen,” Ngannou said. "Fighters have minimal power.”









MVP confirms stipulation for Jake Paul vs. Nate Diaz rematch - October 24, 2023



Jake Paul returns to the ring on December 15.


Two months after his brother fought Dillon Danis in Manchester, Jake Paul is set to make his return to the ring. 


This will take place on December 15, a location and opponent are yet to be announced, but fans should not expect to see former UFC star Nate Diaz in the opposite corner. 


Paul and Diaz first fought in August in what was a memorable event with the "The Problem Child" being declared the winner via unanimous decision. 


In the aftermath it was revealed that there was a rematch clause in the contract with both men wanting to run it back inside an MMA cage. 


Now Paul's promotional company, Most Valuable Promotions (MVP), have confirmed on social media that Paul will face Diaz for a second time and it will take place inside a cage under the Professional Fighters League (PFL) banner. 


"For the record: Jake Paul will not be boxing Nate Diaz again. Nate Diaz and Jake Paul have received an offer from @PFLMMA to rematch in MMA in the SmartCage. Jake Paul has accepted the offer," MVP posted on X. 


Paul signed a deal with the PFL in January which will see him compete in the organisation's pay-per-view "Super Fight" division which contains a number of stars including former UFC heavyweight champion Francis Ngannou and undisputed women's featherweight champion Amanda Serrano. 


(DAZN)





‘Go big or give up’: The hunt for TV’s next big hit


As more than 11,000 television program buyers and sellers head home from Mipcom — the annual market where TV content is bought and sold — striking American actors will mark the 100th day of industrial action which has essentially put a plug in Hollywood’s content pipe.


The strikes — in addition to the actors, Hollywood’s writers ratified a new, three-year contract earlier this month after their own 148-day stoppage — shifted the focus at Mipcom, held annually in Cannes, France, to international content, including Australian content, as program buyers searched for the “next big thing”.


In conversations up and down the Boulevard de la Croisette, café chatter ranged from the commercial impact of artificial intelligence (AI) — both positive and negative — to the muted presence of US majors like Disney and Warner Bros. Discovery, the rapid rise of FAST (free, ad-supported TV) channels and the shifting significance of glass-jawed streaming platforms.


As for the strike itself? All eyes were on Paramount Global president Bob Bakish for clues during his packed keynote. “I’ve said publicly that the strike is accretive to our cash in 2023; that is true, and it’s true for the industry writ large,” Bakish said. “We’re playing the hand we were dealt. We didn’t want to be in a strike. We would very much like this strike to be over, so everyone can get back to work.”


Of Mipcom’s more than 11,000 delegates, some 3500 were program buyers. That detail is significant, as it marks a roughly 10 per cent increase year-on-year, the clearest indicator of both the buoyancy of the market and the broadcast industry’s shift away from the make-the-show-and-own-the-pipeline streaming business model that has seen streamers shell out billions in content investment only to wake up with the same old problems as the networks they aspired to replace: how to hang onto revenue and eyeballs?


“Given the buzz from the stands, what [has been] said on stage and the sheer volume of content deals done, it is clear that third-party sales and distribution are back,” Mipcom director Lucy Smith said.


In plain terms, Mipcom shrinks the global television business to the size of the Royal Easter Show. More than 320 production companies and television studios — the majors, the minors and the fringe players — cram into the world’s biggest show bag pavilion, Cannes’ Palais des Festivals, and the world’s TV channels (and streaming platforms) come to shop.


But the four-day market also sees producers and broadcasters grapple with existential questions, such as how to bridge the gap between widening demographics: the older linear TV audience and the younger-skewing digital TV audience.


The answer? Shows like The Masked Singer and Ninja Warrior, which are popular “co-viewing” titles, where grandparents, parents and children will watch together, the summit heard. It’s go big or give up, ITV commissioning editor Satmohan Panesar said. “We can’t go for the middling,” he said. “It’s got to be big, or it can’t go forward.”


Besides the tens of thousands of meetings — inside the Palais, at full pelt, it’s like speed-dating on steroids — there are more conventional activities, such as screenings, conferences and keynote talks. There are even several awards nights. (Australia picked up two: Blackfella Films’ The Australian Wars won the Content Innovation Award, and Southern Pictures’ The Swap won the Diversify TV Award.)


For traditional broadcasters, the market is a balance between content acquisition and keeping a seat at the table when local content strikes a chord with the market. The Australian formats Married at First Sight (distributed by Red Arrow) and The Summit (Banijay Rights), for example, both had creative talent at the market, meeting with international broadcasters. (Both are Endemol Shine Australia productions for Nine, owner of this masthead.) Other popular formats are The Traitors (All3media) and Love Island (ITV Studios).


But the bulk of Mipcom’s transactional business is driven by new content. Three of the buzziest this year: Beta Film and ZDF Studios’ co-production Concordia, about a crimeless near-future AI-controlled town which must deal with its first murder, a Zorro reboot from Secuoya Studios for Amazon, about the 19th century Californian vigilante, and a reboot of Enid Blyton’s iconic children’s series The Famous Five, from BBC Studios.


Among the new Australian content generating noise: Paper Dolls, a fictional spin of the story of the real reality TV pop group Bardot from Helium and Entertainment One, and the crime drama Scrublands, starring Jay Ryan and Luke Arnold, from Easy Tiger and Abacus Media. (Scrublands will air in Australia on Stan.)


The reboot of Neighbours, was also in the spotlight, with the show’s producer Jason Herbison and two of its stars, actors Annie Jones and Tim Kano, in attendance to promote the series to potential new investors. And Leonine Studios was selling the Australian “tropical noir crime drama” Troppo, which has just finished filming its second series in Queensland.


Other stars in attendance included Andrea Riseborough, promoting the Channel 4 romantic drama Alice & Jack, and Desperate Housewives star Eva Longoria, delivering a producer keynote. (Longoria’s producing credits include the drama Mystery Hotel and the upcoming Spanish-language remake of Call My Agent.)


And American actor/producer Josh Duhamel came to promote one of the market’s more unusual packages: a reality TV reboot of the 2019 scripted comedy film Buddy Games, from Bunim/Murray Productions and CBS Studios, in which groups of friends compete in physical and mental challenges. (Duhamel directed and starred in the original film, and will executive produce the reboot.)


(SMH)

Thursday, October 12, 2023

Blog: News Media

Blog








Australian and Global Broadcasting News


Warner Bros streaming set down under via Max


WB top brass Jean-Briac Perrette lets cat out of the bag


Warner Bros Discovery’s president of global streaming and games


“We’ll do Europe before the Olympics, which we have to get done because we have the Olympics coming in Paris next summer. And then we will get to Asia,” Mr Perrette told media executives in Bali at a summit a few weeks back.


“Asia continues to be critically important, but we have to do it in that sequence. And we will get to Asia before the end of next year with our existing markets and then roll out to new markets again, starting in 2025.”


Mr Perrette told the Media Partners Asia APOS event that Warner Bros Discovery would “probably look to launch in a market like Australia after that”. “Australia’s a critically important market for us, where again we think our content is very strong for that market.” he added.


“Our measures of success are different than some others in the industry. We have three metrics: we have profitability, we have share, and we have scale. And we always said, you know, we’d rather be profitable and in fewer households than have more households and be losing billions of dollars,” he said.


“The company lost over $2 billion last year, we’re now profitable in the first half of the year. We feel great about that ... It’s not just about scale for scale’s sake.”


“Over the next five to 10 years, you’re going to end up with three to five big global players, in addition to maybe some local champions,” he said, flagging Warner Bros Discovery would look to partner with local studios to make shows.


Streaming in Australia


Netflix, Amazon Prime Video, Disney+, Stan, Binge, Paramount+, Kayo Sports and Apple TV


Others: Britbox, CrunchyRoll, Hayu and Optus Sport (and a few unofficial ones!). Readers, you will have to find them yourselves, and we are not talking about just YouTube!





TV Guide: 2023 Bathurst 1000 on Seven, Foxtel, and SEN - 6 October 2023


2023 is the 60th anniversary of the Great Race


The 2023 Repco Bathurst 1000 kicks into gear for 2023, with three full days of action from Mount Panorama available to watch on Seven, 7Plus, and Foxtel / Kayo Sports. SEN will have an audio broadcast.


On the 60th anniversary of the Great Race, practice laps will lead up to the major race and celebrations on Sunday.


Channel Seven and 7Plus

Seven’s broadcast of the final day at Mount Panorama starts from 7.30am AEDT Sunday.


On Seven, also celebrating a milestone this year is Sunrise’s Mark Beretta, who will suit up for his 25th Bathurst 1000 coverage alongside 7SPORT’s Mel McLaughlin, to bring Aussies every moment from the mountain over the three days.


Joining them will be Erebus Motorsport driver Jack Perkins, who will provide commentary in between competing in the Bathurst 1000 alongside co-driver Will Brown, while Emma Freedman will bring viewers all the excitement from the mountain and the campgrounds, and Mark Larkham reports live from pit lane along Chris Stubbs, Chad Neylon and Riana Crehan.


Supercars icons Mark Skaife and Neil Crompton will lead the commentary of the Supercars Championship’s premier event, while Bathurst 1000 winner Greg Murphy will also join Seven for special insights.


Seven has also partnered with Komo Technologies and Repco to deliver a cross-platform digital experience hub to connect broadcast audiences across the Repco Bathurst 1000 weekend, and celebrate the 60th anniversary of the Great Race, with customised and personalised mobile engagement.


Foxtel

Kayo Sports has introduced five live streams for the qualifying rounds, shootout, and the main race.


• Heli-Cam: a live helicopter camera brings a birds-eye view across the entire weekend

• Live Timing: Keeping track of the fastest laps, sectors and timing from all teams

• Gazoo Dipper: A live feed from the third corner of the Esses

• Camaro Channel (Race Day): A channel that will rotate across Camaro drivers throughout race day, including in key place battles

• Mustang Channel (Race Day): A channel will rotate across Mustang drivers throughout race day, including in key place battles


Fox Motorsport commentary will be led by six-time Bathurst victor, Mark Skaife, flanked by Fox Motorsport host, Jessica Yates.


SEN


The coverage begins on SEN 1170am (Sydney) with The Jimmy Smith Show broadcasting live trackside from BBQ Galore’s Steakhouse on both Thursday and Friday from 12pm to 3pm. Located at the fastest corner of the track, The steakhouse will feature some of the country’s best pitmasters cooking with Smokers, Pizza Ovens and the everyday gas grill. 

The action heats up on Saturday with a live broadcast from 4pm to 6pm, setting the stage for the big race on Sunday. SEN will provide coverage from 10am to 6pm, with the trio of Jimmy Smith, Aaron Noonan, and Paul Dumbrell at the helm.





Foxtel Media teams up with Mater Prize Home for the fifth season of Love It or List It - October 12, 2023


Foxtel Media has announced that it has teamed up with Mater Prize Home for the fifth season of Love It or List It to give clued-in real estate fans a chance to win a piece of prime Gold Coast property and a host of other prizes, including a Tesla Model Y and SeaFox 268 Commander boat.


Foxtel Lifestyle talent and residential property expert Andrew Winter, has signed on as an official brand ambassador for Mater Prize Home. The partnership featuring bespoke integration across Foxtel linear channels, BINGE, and IQ VOD streaming spans multiple campaigns, including sponsorships of Love It or List It Australia and Selling Houses Australia. It will also be amplified via Mater Prize Home assets, including social media.


A custom digital billboard featuring Winter will capture on-site content of the Helensvale, QLD home and will, for the first time, run across Foxtel’s linear and digital assets, including BINGE and Foxtel GO.


Love It or List It, produced by Beyond Productions exclusively for Foxtel, follows Winter and design guru Neale Whitaker as they are tasked with helping Australian homeowners decide whether to renovate or relocate from their property.


Laura Elliman, head of entertainment partnerships at Foxtel Media, said: “Foxtel Media is delighted to support Mater Prize Home by leveraging the popularity of Love It or List It. Real estate is a true passion point of our engaged audiences, and this partnership taps into this interest perfectly whilst also helping to drive funding to Mater, through Mater Foundation who runs Mater Prize Home. Fans will undoubtedly appreciate the opportunity to win a piece of coveted real estate, as they follow Andrew and Neale across the season.”


Fans of the popular lifestyle series can place themselves in the running to win Mater Prize Home’s biggest prize package ever through the purchase of a ticket. Each ticket sold is helping to support vital medical research, equipment and patient care, bringing hope and healing to so many in the community. 


Andrew Winter, co-host of Love It or List It, said: “With such a tight property market, I’m excited to see the Love It or List It audience be inspired by the new ideas we explore on the latest session of the show and try their luck in winning the great prize package on offer from Mater Prize Home. I’m excited to work with them on this campaign and contribute to the great healthcare initiatives that are supported through the Mater Foundation.”


Simon Jarvis, director Lotteries at Mater Foundation, said: “The choice to go with Foxtel Media, Andrew, and Love It or List It was an easy one. The Foxtel Group is known for its quality programming and premium advertising experience, so we knew that we would be able to reach exactly the right target audience through our collaboration. We can’t wait to see how Australia’s favourite property duo will transform the lives of real Australians on the newest season of the show.”




BINGE announces global news channels and 4K availability on the platform - October 5, 2023



BINGE customers will have access to global news channels, CNN International, MSNBC and Bloomberg TV


BINGE has announced that customers on standard and premium tiers will be able to stream the best of BINGE in 4K.


In addition, all BINGE customers will have access to live and breaking news with global news channels, CNN International, MSNBC and Bloomberg TV.


The streaming platform offers customers the biggest shows from around the globe, including hits like The White Lotus, Vigil and American Horror Story: Delicate plus the best Australian originals like Colin from Accounts, The Twelve and Love Me.


Alison Hurbert-Burns, executive director of BINGE, said: “We know customers love streaming entertainment in 4K, especially big production shows like House of the Dragon and The Last of Us which is why I am so pleased that we can now provide this feature.


“The addition of live news channels will help viewers stay up to date with all the latest news from around the world, offering more content and greater value to our customers.”


4K will be available on the streaming platform from late October for elected content and selected devices that are 4K TV compatible and will require a minimum broadband speed of 25Mpbs.


The announcement comes after BINGE revealed the new cast of The Real Housewives of Sydney, including Dr Kate Adams, Terry Biviano, Caroline Gaultier, Victoria Montano, Sally Obermeder, Krissy Marsh and Nicole O’Neil.


The 10-part series commissioned by BINGE, is produced by Matchbox Pictures, which is part of Universal International Studios, a division of Universal Studio Group, with production taking place across Sydney and one special overseas adventure.






News


Tony Abbott and the meeting of minds at Fox - October 13, 2023



Former prime minister Tony Abbott is on track to join Fox Corporation’s board of directors next month, in Lachlan Murdoch’s first major move as he looks to stamp his authority as the company’s sole chair.


The announcement to nominate Abbott to the Fox board came one day after Lachlan Murdoch’s confirmation as heir to the News and Fox empire, carrying on the Murdoch tradition of bringing notable figures from the world of politics into the family’s corporate inner sanctum.


If the move is confirmed at Fox Corp’s annual meeting in November, Abbott will join conservative US politician Paul Ryan on the board, while former US senator Kelly Ayotte and former Spanish president José María Aznar sit on the News Corp board.


Bush and Trump administration secretary Elaine Chao also sat on News Corp’s board between stints in government.


Lachlan Murdoch and Abbott are close friends, their relationship dating beyond Abbott’s ascent to the top of Australian politics, with Sarah Murdoch, Lachlan’s wife, launching Abbott’s book, Battlelines, in 2009.


“I don’t know that he’s got much media experience beyond a few years in journalism,” says The Australian’s longest-serving editor-in-chief, Chris Mitchell. “I’m not sure he’d bring any particular skills to do with publishing, TV or pay TV.”


Mitchell, who has known Abbott since his days at The Australian in the 1980s, and Lachlan Murdoch “since he was a boy”, sees the two as a “meeting of minds”.


Apart from his time at The Australian, Abbott also worked at The Bulletin before being appointed press secretary to former Liberal opposition leader John Hewson in 1990.


“He didn’t have media respect,” Hewson says, noting his speech writing was usually “extremely right wing”.


Despite Abbott’s limited media experience, Fox’s board says he has the necessary skills and experience required, as noted in its AGM proxy statement.


Abbott ticks seven of the 10 boxes, according to the board, and is likely to earn anywhere between $467,000 and $543,000 depending on his extra duties, a similar return to his earning power for two years as prime minister.


After losing his electoral seat of Warringah in 2019, Abbott was appointed as a trade adviser to the UK government in 2020.


The decision to install Abbott may not be based on his relevant media qualifications, says Stephen Mayne, Crikey founder and shareholder activist, adding the Murdochs have form appointing former conservative politicians.


“It’s more than an anomaly now,” Mayne says.


If Abbott is successful, he will replace Jacques Nasser, a former CEO of Ford and chair of BHP. Mayne says Abbott replacing “Rupert’s most credible director”, having served 22 years, is telling of the direction of Fox.


Aznar serves as the best comparison to Abbott, a former senior executive in Rupert Murdoch’s team says. The former Spanish president’s appointment in 2006 to the News Corporation board is  “a kind of pat on the back” for like-mindedness, Spain’s support of America in the Gulf War and “doing right by Western democracy”.


Aznar remains on the News Corp board 17 years later.


Former senior adviser to John Howard Niki Savva, who profiled Abbott’s leadership in a highly publicised 2016 book, now calls him a “warrior for conservative causes” in Australia and overseas, referencing his “pivotal role” in the 1999 republic referendum, and similarly in the likely successful campaign against the Voice, to be determined on Saturday.



The board move confirms News and Fox are “almost as much political organisations as commercial organisations”, says Mayne, this sentiment hardening since Fox’s exit from entertainment through the sale of 21st Century Fox to Disney in 2019.


An individual in Lachlan’s inner circle says political thinking can be an asset on boards, noting that Ryan, a former speaker of the House and Mitt Romney’s 2012 running mate, adds value in their directorial duties.


Long-time News Limited chair and CEO John Hartigan says, “he’s not out of place”, despite never getting the impression Abbott either had, or lacked, relevant media skills.


“Is Tony the appropriate person? Who knows,” says Hartigan, though he and Mitchell agree it is natural for a new chair to build out their own support.


Another factor behind Abbott’s nomination could be Lachlan Murdoch’s desire to shore up support in the event of the death of Rupert Murdoch, 92, who maintains considerable power through the Murdoch family trust.


Veteran ABC broadcaster Jon Faine, once referred to by Abbott as an “equal opportunity mongrel”, a badge he wears with pride, questions whether the former prime minister will look at Fox News’ role in a similar light in his new role.


“There’s great responsibility involved in these jobs, as with anyone in the media, and it will be really interesting to see which version of Tony Abbott we’re going to get on this board.”


Abbott declined to comment. Fox was approached for comment.






News


Sky Network Television taps Jarden as bid lands - October 13, 2023


Dual-listed pay-TV provider Sky Network Television has brought in its long-time adviser Jarden, after receiving a non-binding indicative offer from a mystery international bidder.


Sources said the bidder has hired Rothschild’s bankers to advise it on the tilt. Sky disclosed the approach in its exchange filings on Friday morning, citing it as the reason for the pause in its buyback.


However, Sky did not disclose the price. That’s unheard of if the company is still considering the NBIO and hasn’t rejected it yet.


It comes after Street Talk spotted at least two private equity firms kicking tyres at Sky last year.


In a research flash note mailed out to clients this morning, Forsyth Barr analysts Aaron Ibbotson and Matt Montgomerie said they expected Sky to fetch a “meaningful bid-premium”.


“SKT currently trades on a 12 month forward PE of ~6.5x, a ~-25% discount to its five year history and an EV/EBIT of ~4.5x, a ~-26% discount to its five year average; it is one of the lowest valued stocks on the NZX,” the duo wrote.


“More importantly, for a potential financial buyer we estimate that it is valued on a FY25 FCF yield of ~10% which makes it possible for a private equity buyer to offer a meaningful premium to the undisturbed price and still use leverage even in today’s high interest rate environment.”


The company has a $NZ358 million market capitalisation. Sky last traded at $2.33 a share on the ASX after gaining 10.95 per cent year to date.


More to come


(AFR)




News

The real family drama behind ‘Succession’ - October 6, 2023


From sibling squabbles to inheritance infighting, the popular television series has a rich history of familial strife on which to draw.


thought my family was f---ed up,” says a character in the forthcoming third series of Succession. “This is next level.” That’s an understatement: Succession seems to be the penthouse of dramas, far above ordinary means and mayhem.


Yet the Emmy-winning HBO show does not imagine what could go wrong in family empires; it plasters together what has gone wrong in case after case in real life, and applies a glorious gloss of wordplay and satire. In Succession, history really does repeat itself, the second time as farce and much more enjoyable.


The show centres on the Roys, a plutocratic media family grappling with two biological facts: the patriarch will die, and none of his children is his clone. (This article contains spoilers for seasons one and two.) In the very first episode, billionaire Logan Roy has a stroke – before naming a successor. He joins a very large club. Medieval kings were desperate to produce an heir; their modern equivalents are inclined to forget their mortality. Indian magnates Anil and Mukesh Ambani feuded after their father Dhirubhai died following a stroke, without leaving a will.


Logan’s problem is more complicated. As he lies in a coma, we discover his company has billions in hidden debt. Now we are in the annals of Robert Maxwell, whose media group was revealed by the Financial Times, the day after his death in 1991, to owe hundreds of millions of pounds more than stated. Maxwell’s sons Kevin and Ian found that their first inheritances from their father were a financial crisis and a fraud trial.


Unlike Maxwell, Succession’s Logan survives. He retakes the reins of his empire, despite being so unwell that he confuses his son’s office carpet for a urinal. It is enough to rival Sumner Redstone, who tried to remain chairman of his media conglomerates, CBS and Viacom, when he could no longer speak. Redstone communicated via an iPad loaded with audio clips of himself saying “yes”, “no” and “f--k you”.


“I have no intention of ever retiring, or of dying,” he had said, at the age of 85. He died last year, aged 97, two years after a court had declared him incapacitated.


More to the picture

But Succession never pulls too hard on one thread; there is always more to the picture. Shortly before his stroke, Logan tries to blindside his children into weakening their control of the family trust, telling them on his 80th birthday that it’s the one present he really wants.


Welcome to the life and times of Australian mining billionaire Gina Rinehart, who warned her children that they would go bankrupt unless they agreed, within three days, to extend her control of a family trust. A judge found her legal tactics against her children had “closely approach[ed] intimidation”.


“They don’t appreciate ... the efforts I went to,” Rinehart shot back, soon afterwards.


In Succession, Logan ends up facing a boardroom coup, led by his son Kendall. That scene will not have surprised the Shin family, head of South Korean conglomerate Lotte Group, where the younger son convened a board meeting and removed his father. Kendall fails in his coup, so teams up with a hedge fund and a rival media group to mount a hostile takeover. The set-up recalls the case of George Strawbridge, grandson of the founder of Campbell’s Soup, who allied with activist hedge fund investor Dan Loeb to oust the entire board.


However, Kendall is troubled by addiction problems, which recall the struggles of Australian scion James Packer. He drives a car off the road into a lake, and his young companion drowns, an incident that strongly resembles Senator Ted Kennedy’s crash on Chappaquiddick Island.


Succession’s characters are constantly questioning what is real — “Is this real?” ; “Are you for real?“; “No real person involved”. The joke is that none of it is real, and yet all of it is.


The family that Succession draws most from is the Murdochs. Years ago the show’s creator, Jesse Armstrong, wrote a script (never produced) about Rupert Murdoch’s 78th birthday party. These days he and the show’s stars sometimes play down the link, and not just because Murdoch knows good libel lawyers.


The endless ingredients generate the richness, like a sort of Oedipal Ottolenghi recipe.


They cite other influences for Succession: King Lear; Roman tragedies; Ivan the Terrible, who murdered his adult son; and Andre Agassi, whose father devised a machine that would force him to hit nearly 1 million tennis balls a year. The endless ingredients generate the richness, like a sort of Oedipal Ottolenghi recipe.


But the dominant flavour is still Murdoch: a right-wing media magnate who allows three of his children to compete with each other for position; who fights off a corporate debt crisis; who indulges an extremist TV host; who denies all knowledge of criminal behaviour in his empire; who tries, with mixed success, to buy trophy media assets; and who hires a therapist to try to reconcile his family in what may be a publicity stunt.


It’s all in the Murdoch family history and it’s all in Succession. “I read everything ever written on the Murdochs,” Jeremy Strong, the actor who plays Kendall, has said. “I read that James Murdoch ties his shoelaces very tightly. That was interesting.”


The Roys and the Murdochs

In broad brush, Kendall is James Murdoch, the child who feels he has earned the top job by slaving away in the empire but who is passed over. His sister Shiv Roy is Elisabeth Murdoch – the liberal who keeps her distance but would love to take over. Roman is Lachlan Murdoch – the maverick. (Lachlan now runs much of what remains of the Murdoch empire after the family sold out lucratively to Disney.) The Roy children are not only competing for their father’s job; they are competing for his affection, which he offers just often enough to keep them interested. “For a media guy, he’s not the greatest communicator,” Kendall notes drily.


The fact that Succession is recognisable from reality makes it more compelling (see also: The Crown, The West Wing). But how recognisable is it for people who don’t travel on superyachts, who don’t spend $US15,000 on a birthday present or eat endangered songbirds for dinner, and who actually need to wear overcoats because they may not be chauffeured at every turn? How universal are its depictions of sibling rivalry, the desire for parental approval and dilemmas about family obedience?


More universal than it might seem. In his book The Audacity of Hope, Barack Obama seeks to explain the “chronic restlessness” that drove him into politics. “Someone once said that every man is trying to either live up to his father’s expectations or make up for their father’s mistakes,” he writes. Obama went from hero-worshipping his father to being shocked by his failings. Unlike Succession’s Logan, Obama snr was not visible on every TV screen and every newspaper, but he still shaped his son’s outlook.


Logan doesn’t push his kids to flatter him, like Donald Trump did when he interviewed Donald jnr and Ivanka on camera. But he has fixed expectations: he wants his children to be like him. That is impossible, not least because his wealth means that they didn’t have his impoverished childhood.


Some psychotherapists use the term “reproductive narcissism” to describe parents’ tendency to favour children who resemble them. Logan forces his children to choose between two versions of themselves, one that is defined by his achievements and one that isn’t. His own narcissism comes to the fore at the end of series two, when Kendall betrays him again. Logan smiles, because finally his son is acting as ruthlessly as he would.


Sibling rivalry

A school of economics posits that sibling competition is widespread and rational, not limited to family businesses. The bestselling book SuperFreakonomics cited evidence that adult children who stood to receive a large inheritance visited an elderly parent more often if they had a sibling. Subsequent research has questioned that conclusion, suggesting siblings may not be mercenaries after all.


Psychotherapists tend to distinguish between natural sibling rivalries and desires for parental attention, and pathologies that emerge when affection is in short supply. “Some families think healthy competition is good for children. I really don’t think that is a good idea at all,” says Hannah Sherbersky, senior lecturer in psychology at Exeter university.


In Succession, the Roy children are subjected to intense, Maxwell-style bullying and belittling by their father, who refuses to appreciate whatever they give him (particularly when Roman tries to buy him his favourite Scottish football team but mistakenly buys Hearts, not Hibs). Their mother is just as bad, spending the reception before her daughter’s wedding asking guests to bet how long the marriage will last.


The show suggests that the Roys are not a family at all, just a conglomerate of unintegrated assets. “We’re eating family-style,” says Logan’s third wife, Marcia, at a get-together. “Almost like we’re a family,” quips Roman. Strong, who plays Kendall, has quoted a phrase attributed to Carl Jung: “Where love is absent, power fills the vacuum.”


But there is love in Succession. Kendall is passed over by his father to become chief executive, but still ends up singing a laudatory, cringe-inducing rap: “L to the O, G, A, N.”


Many family disputes — the Ambanis, the Murdochs — have involved siblings taking on siblings. In 1980, Charles Koch, chief executive of Koch Industries, survived a coup attempt by his younger brother Bill. He voted his brother out of the company at the next board meeting. By contrast, the Roy siblings jostle, but they haven’t actually fought directly in Succession. They recognise that they alone share the burden of being Logan’s children. And better that one of them takes control than an outsider.



Ultimately, the Roys can hire people to cook their meals, treat their psyches, and clean up their mess. But they can’t hire people to be their family (although Connor, the eldest, most delusional child, does try). When Logan’s spiteful brother, Ewan, is asked to back a no-confidence vote in him, he replies: “My brother’s an ex-Scot, an ex-Canadian, an ex-human being. But he’s still my brother.”


Family v non-family business

Family businesses have strange dynamics, particularly around the selection of an heir. At least Oedipus didn’t have to win his father’s backing as his named successor. The oldest is not always the best fit. “I’ve managed to get myself into this situation, where ‘what does my dad think?’ is my entire fucking universe,” laments Succession‘s Shiv, as she tries to overcome Logan’s resistance to favouring a woman. With your parent as your boss, you may be infantilised forever.


One tempting conclusion from the show is that you should never try to work with your family. That would be wrong. For every feuding family business, there are probably several happy ones. Eddie Hearn, the British boxing promoter who is taking over his father Barry’s business, has said of Succession: “It’s just like us!” The Hearns’ rivalries seem to be contained in a successful business that is bigger than father or son could have built alone. Succession may be a modern King Lear, but Shakespeare wrote more comedies than tragedies.


“Family businesses at their best are world-beating,” says Professor Nigel Nicholson, an evolutionary psychologist at London Business School. He recalls one British family business owner who felt confident enough to surround himself with clever people because he knew he was unsackable.


By contrast, “the level of competition and distrust in non-family businesses is seriously problematic”, says Nicholson. (Even in Succession, arguably the most duplicitous character isn’t one of the Roys but Stewy, a private equity investor and university friend of Kendall’s.)


Jonathan Knee, a former investment banker and a professor at Columbia Business School, argues that family and non-family businesses are less different than they appear. Among turbulent US banks in the early 2000s, “every single one of them had a Succession-like drama”, he says.


“There are two different lines of research that I’ve never been able to reconcile,” says Knee. “One is that family businesses do better and there are reasons that make sense for that: levels of trust, facility of communication etc. Then there’s a bunch of really interesting research that diversity really does allow you to cross-pollinate and learn things. What is the opposite of diverse? A family!”


Knee’s working hypothesis is that organisations outperform when they are “at the extremes” — with lots of family control or lots of diversity. The problems come in the middle, when organisations are too heterogeneous to have high trust and not diverse enough to cross-pollinate. “That’s most of the world!”



Perhaps the most far-fetched part of Succession is Shiv working for a Bernie Sanders-style senator intent on destroying the family empire. That has no parallel in real life. But scions are speaking out: Abigail Disney campaigned against the pay of Disney’s then chief executive, Bob Iger. Mary Trump detailed the psychological flaws of her uncle Donald (who is now suing her, accusing her of leaking his tax affairs).


James Murdoch quit News Corp’s board last year and has since taken potshots at his family’s Fox News. And the idea of Succession’s Connor Roy – a man so privileged and bored that he “hyper-decants” his wine – running for president as a libertarian has precedents: David Koch was the Libertarian party’s candidate for vice-president in 1980, and Steve Forbes, of the Forbes publishing family, ran for the Republican nomination in 1996 and 2000.


We wait to find what happens in the third season of Succession. But if the writers wanted material, they could have looked to the UK’s Sir Frederick Barclay, who was bugged by his own nephews while he smoked cigars in London’s Ritz Hotel (which the family owned at the time). And if the show wants a dark turn, there’s the fate of Robert Maxwell’s favourite daughter: Ghislaine Maxwell goes on trial next month on sex-trafficking charges, which she denies. By comparison, the Roys are not exceptional. They even start to look like us.


(Financial Times)







Rich Lister accused of encouraging ‘incredibly inappropriate’ behaviour - October 13, 2023



Ed Craven, the young Rich Lister and founder of one of the world’s biggest online casinos, Stake.com, has been accused of encouraging inappropriate behaviour towards a woman on his live-streaming platform, Kick.


Kick, which was only established in Melbourne last year, was founded by Craven and his business partner, Bijan Tehrani, and is the main competitor to Amazon’s Twitch.


Stake.com’s Ed Craven and American internet personality Paul Denino, known as “Ice Poseidon”. 


The multibillion-dollar live-streaming industry boasts of tens of millions of users worldwide who upload videos or provide commentary as they play video games and go about their daily lives. It has attracted some 20 per cent of US teens to Twitch, Kick’s rival, according to Pew Research Centre. It has also created niche celebrities with avid fan bases.


Mr Craven’s Kick has sought to boost the platform’s popularity further by sponsoring the Alfa Romeo F1 Team and Everton Football Club.


In late September, Mr Craven met streamer Paul Denino, or “Ice Poseidon”, when he visited Australia. Famous for distasteful stunts and a fan base called the “Purple Army”, Mr Denino has hundreds of thousands of subscribers on Kick and his videos clock millions of views.


The multibillion-dollar live-streaming industry boasts of tens of millions of users worldwide who upload videos or provide commentary as they play video games and go about their daily lives. It has attracted some 20 per cent of US teens to Twitch, Kick’s rival, according to Pew Research Centre. It has also created niche celebrities with avid fan bases.


Mr Craven’s Kick has sought to boost the platform’s popularity further by sponsoring the Alfa Romeo F1 Team and Everton Football Club.


In late September, Mr Craven met streamer Paul Denino, or “Ice Poseidon”, when he visited Australia. Famous for distasteful stunts and a fan base called the “Purple Army”, Mr Denino has hundreds of thousands of subscribers on Kick and his videos clock millions of views.


Mr Denino and two others live-streamed themselves on the Kick platform hiring an escort at an apartment in Brisbane in which they showed her face online. An account in Mr Craven’s name posted laughing emojis in the chat section of the stream while it took place.


Marcus Graham, a former top executive at Twitch and veteran live-streamer, described the behaviour as “incredibly inappropriate and incredibly unsafe”. “Those who can’t see what is wrong with it is the audience Kick is trying to go after,” he said.


Mr Craven was one of 26 debutants on last year’s Young Rich List, entering at age 27 with an estimated net worth of $1.1 billion. Stake.com is the shirt sponsor of English Premier League team Watford.


Silence condemned


Mr Denino was arrested in Thailand for inappropriate behaviour at a Bangkok restaurant prior to his arrival in Australia. He was later released after issuing an apology.


After a barrage of criticism of the video, Mr Craven responded by outlining new community guidelines, but streamers condemned his silence on his own participation.


“Ed did put out a tweet to discuss changes happening at Kick, however, has taken no accountability for his own actions during that stream, that he allowed this stream to carry on,” a live-streamer known as SailorPeach, 31, told The Australian Financial Review.


Mr Craven declined to comment.


The fast-growing streaming service has offered a 95-5 revenue split with the creators, who make money through subscriptions and donations on the platform, with the hopes of luring young talent away from larger streaming services such as Twitch.


Some streamers who had been sponsored by Stake.com decamped to Kick after Twitch began enforcing a ban on certain gambling live-streams.


The platform prominently features streamers playing games on his online casino, Stake.com, which critics say promotes gambling to children since under-18s are big users of live-streaming.


This is despite the fact Australians are technically banned from using Stake.com, which is run out of Australia. The site is geo-blocked from Australia.


“They are showcasing gambling in a very positive light to impressionable kids,” Mr Graham said. Kick asks users to confirm they are above the age of 18 when viewing certain content, including gambling.


Australian regulators say they cannot intervene. The communications watchdog can apply to the Federal Court to fine a business up to $281,700 for each advertisement that promotes prohibited interactive gambling services, such as casino-style slots.


However, the Australian Communications and Media Authority acknowledged it had limited power to rein in global platforms.


“Prohibition includes the publication of these advertisements on a website accessible by Australians, but if and only if the ACMA is satisfied that the majority of persons who access the content are physically present in Australia,” a spokesman for ACMA said.


“This potentially limits the reach of the advertising prohibition for websites that have a global audience such as Kick, Facebook, YouTube and Twitch.”





Promoter


Especially: one who assumes the financial responsibilities of a sporting event (such as a boxing match) including contracting with the principals, renting the site, and collecting gate receipts.


He was a promoter of boxing, pro wrestling, martial arts and the health and well-being sector. He combined both news, journalism, advertising and various promotions in the course of business. Promotions were both traditional and online based.


More examples: 


As a promoter, the model significantly reduces costs, especially for the middle shows on a three, four or five night run.—Dave Brooks, Billboard, 26 Sep. 2023


Mike O’Malley, who was also the series showrunner, starred in the role of Charlie Gully, a rival promoter.—Joe Otterson, Variety, 25 Sep. 2023


Lam was a promoter of the crypto exchange JPEX, which was publicly admonished last week by the Hong Kong’s version of the SEC, the Securities and Futures Commission, or SFC. - Marco Quiroz-Gutierrez, Fortune Crypto, 19 Sep. 2023


Bruce Lee


“Empty your mind. Be formless. Shapeless. Like water. You put water into a cup, it becomes the cup. You put water into a bottle, it becomes the bottle. You put it in a teapot, it becomes the teapot. Water can flow, or it can crash. Be water, my friend.” - Bruce Lee






SEJ Paid Organic LinkedIn


SEJ's Brooke with another insightful and educational feature on organic vs paid social media. Numerous valid points. In theory it would make strategic sense to balance the risk and adopt and execute both paid and organic. On my own experience as an agent and longtime online publisher I discovered with a number of our clients that one they stopped paying for paid social media results their online visibility and exposure via social media greatly diminished. Sometimes it can be better to build and ramp up at your own pace, in your own natural and organic way - and not be so reliant upon others, be it big tech platforms or other. Platforms have been known to pull the rug out from people, so a Plan A,.B.and C, as well as other safeguards and fool-proof formula is recommended. Own website/s are greatly recommended and the sites can then link to the channels. Don't put the cart before the horse as the old saying goes..I'm most greatly that I focussed on organic growth and development many moons ago. So all SEO,.SEM, social media with the.main business model, aims and objectives in mind. Build, test and improve. Success! 






WWE FASTLANE ® DELIVERS RECORDS FOR VIEWERSHIP, GATE & SPONSORSHIP   


STAMFORD, Conn., October 9, 2023 – WWE®, part of TKO Group Holdings (NYSE: TKO), today announced that Fastlane, which emanated from Gainbridge Fieldhouse in Indianapolis, became the most-watched and highest-grossing Fastlane in company history. The premium live event set new Fastlane records for viewership, gate and sponsorship.


Viewership for Fastlane was up 71 percent versus the previous record set in 2021. The sold-out show marked the largest gate ever for any Fastlane, up more than 31 percent versus the previous record set in Cleveland in 2016, and became the highest-grossing WWE event ever held in Indianapolis.


In addition, Fastlane sponsorship revenue was up 60 percent versus the previous record set in 2021.


About WWE


WWE, part of TKO Group Holdings (NYSE: TKO), is an integrated media organization and the recognized global leader in sports entertainment. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media, and publishing platforms. WWE’s TV-PG programming can be seen in more than 1 billion homes worldwide in 25 languages through world-class distribution partners including NBCUniversal, FOX Sports, TNT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video-on-demand library and is currently available in approximately 165 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network. Additional information on WWE can be found at wwe.com and corporate.wwe.com.



09.21.2023


Smackdown Returns To USA Network as part of Five-Year Agreement Between WWE and NBCUniversal

WWE to Make NBC Primetime Debut with Launch of Four Network Specials


STAMFORD, Conn., Sep. 21, 2023 – WWE, part of TKO Group Holdings, Inc. (NYSE: TKO), and NBCUniversal have agreed to a five-year domestic media rights partnership that will bring Friday Night SmackDown back to USA Network beginning October 2024. Additionally, beginning in the 2024/25 season, WWE will produce four primetime specials per year that will air on NBC, marking the first time WWE will air on the network in primetime.


SmackDown will come exclusively to NBCU as one of television’s longest-running programs, regularly rating as the No. 1 show in the 18-49 advertising demographic on Friday nights and featuring many WWE Superstars including John Cena, Roman Reigns, Bianca Belair, Charlotte Flair, and Rey Mysterio.


“NBCUniversal has been a tremendous partner of WWE for decades,” said WWE President Nick Khan. “We are excited to extend this longstanding relationship by bringing SmackDown to USA Network on Friday nights and look forward to debuting multiple WWE special events annually on NBC.”


“It’s a privilege and thrill to continue NBCU’s decades-long partnership with WWE which has helped cement USA Network’s consistent position as the top-rated cable entertainment network in live viewership” said Frances Berwick, Chairman, NBCUniversal Entertainment. “With Friday nights on USA, primetime specials on NBC, and the WWE hub on Peacock, we’ll continue to use the power of our portfolio to super-serve this passionate fanbase.”


As part of WWE and NBCUniversal’s longstanding relationship, USA Network is currently home to WWE NXT and WWE Monday Night Raw, which is the #2 cable entertainment program in 2023 in the 18-49 demo. Demonstrating the deeply engaged WWE audience on USA, WWE NXT (+27%) and WWE Monday Night Raw (+15%) are up double-digits year-over-year in the target demographic. WWE Monday Night Raw and WWE NXT will continue to air on USA Network through September 2024.


In addition, since 2021, Peacock has been the exclusive home of WWE Network in the U.S. where Peacock subscribers can stream thousands of hours of on-demand programming from WWE including original series, groundbreaking documentaries, fan-favorite shows from the WWE archives, and premium live events like WrestleMania, Survivor Series, Royal Rumble, Summer Slam, and more. WWE continues to drive high engagement on the platform, with this April’s WrestleMania 39 livestream delivering a record-breaking weekend for Peacock as its highest weekend usage to-date.


# # #


About WWE


WWE, part of TKO Group Holdings (NYSE: TKO), is an integrated media organization and the recognized global leader in sports entertainment. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media, and publishing platforms. WWE’s TV-PG programming can be seen in more than 1 billion homes worldwide in 25 languages through world-class distribution partners including NBCUniversal, FOX Sports, TNT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video-on-demand library and is currently available in approximately 165 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network. Additional information on WWE can be found at wwe.com and corporate.wwe.com.


About NBCUniversal


NBCUniversal is one of the world’s leading media and entertainment companies. We create world-class content, which we distribute across our portfolio of film, television, and streaming, and bring to life through our theme parks and consumer experiences. We own and operate leading entertainment and news brands, including NBC, NBC News, MSNBC, CNBC, NBC Sports, Telemundo, NBC Local Stations, Bravo, USA Network, and Peacock, our premium ad-supported streaming service. We produce and distribute premier filmed entertainment and programming through Universal Filmed Entertainment Group and Universal Studio Group, and have world-renowned theme parks and attractions through Universal Destinations & Experiences. NBCUniversal is a subsidiary of Comcast Corporation.


About TKO


TKO Group Holdings, Inc. (NYSE: TKO) is a premium sports and entertainment company that comprises UFC, the world’s premier mixed martial arts organization, and WWE, an integrated media organization and the recognized global leader in sports entertainment. Together, our organizations reach more than 1 billion TV households in approximately 170 countries, and we organize more than 350 live events year-round, attracting over one million fans. TKO is majority owned by Endeavor Group Holdings, Inc. (NYSE: EDR), a global sports and entertainment company.





09.12.2023


Endeavor Announces Close of UFC® And WWE® Transaction to Create TKO Group Holdings, a Premier Sports and Entertainment Company


New Company to Begin Trading Today, September 12, on the New York Stock Exchange Under “TKO” Ticker Symbol



BEVERLY HILLS, Calif. & STAMFORD, Conn. (September 12, 2023) – Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor”) and World Wrestling Entertainment, Inc. (previously NYSE: WWE) (“WWE”) today announced the close of their previously announced agreement and the launch of TKO Group Holdings, Inc. (NYSE: TKO) (“TKO”).


TKO brings together UFC, the world’s premier mixed martial arts organization, and WWE, an integrated media organization and the recognized global leader in sports entertainment, to create a new premium sports and entertainment company serving more than one billion young and diverse fans1, reaching viewers in 180 countries, and producing more than 350 annual live events. Through this combination, TKO will leverage Endeavor’s expertise in areas including domestic and international media rights, ticket sales and yield optimization, event operations, global partnerships, licensing, and premium hospitality to drive revenue growth.


“The creation of TKO marks an exciting new chapter for UFC and WWE as leaders in global sports and entertainment,” said Ariel Emanuel, CEO of Endeavor and TKO. “Given their continued connectivity to the Endeavor network, we are confident in our ability to accelerate their respective growth and unlock long-term sustainable value for shareholders. With UFC and WWE under one roof, we will provide unrivaled experiences for more than a billion passionate fans worldwide.”


“This is the culmination of a decades-long partnership between Endeavor and WWE across strategic initiatives including talent representation and media rights. Given our collaborative, trusted relationship and Endeavor’s incredible track record of success growing UFC, we believe WWE is optimally positioned for future growth and success as part of TKO,” said Vince McMahon, Executive Chairman of TKO. “Our focus remains on delivering for our fans across the globe as we take the business to the next level alongside UFC and Endeavor.”


TKO will begin trading today on the New York Stock Exchange under the ticker symbol “TKO,” with Endeavor holding a 51% controlling interest in the new company and existing WWE shareholders holding a 49% interest in the new company, on a fully diluted basis.


Leadership Team


As previously announced, TKO is led by:


Ariel Emanuel, Chief Executive Officer, who continues as Chief Executive Officer of Endeavor;

Mark Shapiro, President and Chief Operating Officer, who continues as President and Chief Operating Officer of Endeavor;

Andrew Schleimer, Chief Financial Officer; and

Seth Krauss, Chief Legal Officer, who continues as Chief Legal Officer of Endeavor.

Dana White is now Chief Executive Officer of UFC and Lawrence Epstein remains Senior Executive Vice President and Chief Operating Officer of UFC. Nick Khan continues at WWE in the role of President.


The Board of Directors of TKO is led by Vince McMahon as Executive Chairman of the Board and consists of 11 members, including Mr. Emanuel, Mr. Shapiro, and Mr. Khan, in addition to the following directors:


Peter C.B. Bynoe, Senior Advisor at DLA Piper LLP;

Egon P. Durban, Co-Chief Executive Officer of Silver Lake;

Steven R. Koonin, Chief Executive Officer of the Atlanta Hawks, LLC;

Jonathan A. Kraft, President of the Kraft Group LLC;

Sonya E. Medina, President and Chief Executive Officer of Reach Resilience;

Nancy R. Tellem, Executive Chairperson and Chief Media Officer of Eko; and

Carrie Wheeler, Chief Executive Officer and a board member of Opendoor Technologies Inc.

Advisors


Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC served as financial advisors to Endeavor, Latham & Watkins LLP served as legal advisor to Endeavor, and Alvarez & Marsal served as integration advisor to Endeavor. The Raine Group served as lead financial advisor to WWE. J.P. Morgan and Moelis & Company LLC served as financial advisors to WWE. Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal advisor to WWE, and Kirkland & Ellis LLP served as legal advisor to WWE’s controlling stockholder, McMahon.


# # #


About Endeavor


Endeavor (NYSE: EDR) is a global sports and entertainment company, home to many of the world’s most dynamic and engaging storytellers, brands, live events and experiences. The company is comprised of industry leaders including entertainment agency WME; and sports, fashion, events and media company IMG. Endeavor is also the majority owner of TKO Group Holdings (NYSE: TKO), a premium sports and entertainment company comprising UFC and WWE. The Endeavor network specializes in talent representation, sports operations & advisory, event & experiences management, media production & distribution, experiential marketing and brand licensing.


About TKO


TKO Group Holdings, Inc. (NYSE: TKO) is a premium sports and entertainment company that comprises UFC, the world’s premier mixed martial arts organization, and WWE, an integrated media organization and the recognized global leader in sports entertainment. Together, our organizations reach more than 1 billion TV households in approximately 180 countries, and we organize more than 350 live events year-round, attracting over one million fans. TKO is majority owned by Endeavor Group Holdings, Inc. (NYSE: EDR), a global sports and entertainment company.


About UFC®


UFC® is the world’s premier mixed martial arts organization (MMA), with more than 700 million fans and 228 million social media followers. The organization produces more than 40 live events annually in some of the most prestigious arenas around the world, while broadcasting to over 900 million TV households across more than 170 countries. UFC’s athlete roster features the world’s best MMA athletes representing more than 80 countries. The organization’s digital offerings include UFC FIGHT PASS®, one of the world’s leading streaming services for combat sports. UFC is part of TKO Group Holdings (NYSE: TKO), and is headquartered in Las Vegas, Nevada. For more information, visit UFC.com and follow UFC at Facebook.com/UFC, Twitter, Snapchat, Instagram and TikTok: @UFC.


About WWE®


WWE, part of TKO Group Holdings (NYSE: TKO), is an integrated media organization and the recognized global leader in sports entertainment. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media, and publishing platforms. WWE’s TV-PG programming can be seen in more than 1 billion homes worldwide in 25 languages through world-class distribution partners including NBCUniversal, FOX Sports, TNT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video-on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network. Additional information on WWE can be found at wwe.com and corporate.wwe.com.





Pro Wrestling News

Karrion Kross on the GOAT


Former two-time NXT Champion Karrion Kross was asked who he thought was the GOAT during a recent interview with Chris Van Vilet. Kross explained that it was the Rattlesnake who not only took pro-wrestling to the next level, but saved WWE during its Monday Night War against WCW.


Well, I think to me, the GOAT is the guy that did the most for the business. Not necessarily, had to be the best wrestler. But the guy that did meant the most to our business, and the guy that saved [it] in my eyes, saved the WWE. Steve Austin. Yeah, I mean, what Steve did, and then to be injured and retire at 39. I mean, I keep forgetting this and until people remind me, well, I don’t see Steve as much as I used to. But he quit. He had to quit because of a broken neck at 39. Yeah, he got back in and out. But I mean, think about that. I mean. And he took a couple of swings. They put one label on him, but when he found that niche, him and Vince The Attitude Era, but it was Stone Cold, Shawn, Mike Tyson. And we were arguing about the NWO who’s gonna win a match? And can we go with three minutes instead of 10? I mean, it’s just bullsh*t. But that’s, that’s when all of a sudden where Bischoff didn’t know how to run a company. Then he put himself into it, which made it worse.





Pro Wrestling News

Ric Flair on wrestling, Vince McMahon - Octobere 12, 2023



On Vince McMahon selling WWE:


To be honest with you, I was surprised. I never thought he would ever walk away from it but I think he probably felt the time was there and sold it for, you know, he actually put a price on it that he thought no one would ever pay and then along came somebody and paid the price. And I think he put 3 billion more than anybody ever estimated. And that’s just what I’ve been told and what I’ve read, doesn’t mean it’s true, but I think he thought nobody would ever buy it. And then they came along and bought it. The stock has held high and they continue to forge forward and they continue to be, in my opinion, the most entertaining product. Well, I think wrestling’s more entertaining period than any others for me. I think Tony’s done a great job with AEW too. The fact that Tony’s picking up more programming. The people at Turner aren’t dumb, they realized that the program is important and it’s keeping the ratings up and you know as an example last night, they loaded up the NXT show last night, did you notice? They’re really trying to beat Tony’s Wednesday night show. So that remains to be seen but I don’t think The Undertaker and everyone will be there every Tuesday night but it’s interesting to see the chess match between the two.


Clarifies that he doesn’t want to wrestle again:


No, that was completely taken out of context. No, I have no desire to wrestle again. I said I could, because I feel great. And if I did, I could be better because I would learn from the mistakes I made getting ready last time, which was not hydrating. I weighed 218 and I didn’t drink any water that day, a combination of nerves and everything else. We really had worked out what you would have thought, Mike, as a decent match, not great by any means. But when I mentioned that I didn’t feel good, everybody thought I was having a heart attack and that was a blatant error on my part but no, I feel great. I’m so damn…I’m probably the only guy in the business that doesn’t have a knee replacement or hip replacement or anything. I feel great.”





Pro Wrestling News

Eric Bischoff Points Out Jade Cargill As An 'Interesting' Exception For WWE


Jade Cargill's arrival to WWE has attracted a lot of buzz, which was heightened when the former AEW TBS Champion made a special appearance on the WWE Fastlane pre-show alongside WWE CCO Paul "Triple H" Levesque. While many were expecting the company to change her ring name, WWE's newest signee was introduced with the same moniker she had assumed in AEW — her real name, Jade Cargill. 


Speaking on the "83 Weeks" podcast, former WCW President Eric Bischoff pointed out the rarity of a WWE Superstar performing under their real name, especially one that was previously used in a promotion outside of WWE.


"There's no gimmick attorney Mike Dockins, trademark or copyright issues. But [the] point is, typically WWE wants to own that name, they want to merchandise that name," said Cargill. "So, they're basically doing a licensing deal with her as opposed to her showing up and being a talent, and they own the license or they own the trademarks. I think that's very interesting, and it does definitely break the paradigm. That is not what WWE normally does, over the decades. Fascinating to me."


Shortly after her signing was announced, Cargill told "The Ringer Wrestling Show" that keeping the Jade Cargill name was highly important to her when she considered joining WWE. "I built equity into it, and I've done outside PR. I put life into my name, so that's something that I didn't want to let go [of]," Cargill said.





Pro Wrestling News

Paul Heyman Says WWE NXT Star Could One Day Be 'Leading The Industry'


Bruno Sammartino. Hulk Hogan. Bret Hart. Steve Austin. The Rock. John Cena. Roman Reigns. Tiffany Stratton? Could a woman be the next face of WWE? According to Paul Heyman — who boasts a strong track record of forecasting the future stars of the industry — Stratton has every requisite tool to lead the sports entertainment leader into the next generation.


Speaking with Fox Sports, Heyman put Stratton in the same group as some of the other physical specimens who've dominated the WWE's women's division over the past few years, warning some of those main roster stars to brace for the inevitable storm coming their way. "Tiffany Stratton is someone that Rhea Ripley and Charlotte Flair and Bianca Belair and the main roster women better keep their eyes on because she's another one who, if she continues on this path, is going to be a significant player in the future of this industry and leading the industry into the future," Heyman said.


While Stratton has been wowing "WWE NXT" audiences for the past 18 months or so, main roster fans only recently got a glimpse of the "Blockbuster Blonde" during her feud with Becky Lynch. Heyman believes the feud with "The Man" — which included a brutal Extreme Rules Match — was a litmus test for Stratton that she passed with flying colors. "Tiffany held her own in a very tense situation with Becky Lynch and looked great doing it," Heyman said. "And it wasn't because Becky Lynch knew how to carry her through the segment. It was because Tiffany knew how to present herself, and she did it quite well – very impressive." Stratton — who began pro wrestling training in August 2021 — has been widely praised for learning the business so quickly, to the point where many believe she's ready for a main roster run. 





Pro Wrestling News

Dave Meltzer Explains Primary Difference Between WWE And AEW Press Conferences



During a recent interview with "McGuire on Wrestling," Dave Meltzer was asked to weigh in on the differences between WWE and AEW press conferences.


"It's so different at a WWE press conference compared to an AEW press conference," Meltzer said. "The talent isn't that much different, but the Paul Levesque versus the Tony Khan is so different. Tony Khan, you ask him real business questions. Paul Levesque, you don't. It's just very different. WWE, they don't like to talk about business. When people have asked business questions to Paul Levesque, he tries to joke and whatever."


Meltzer added, "Tony Khan will give you a 20-minute answer. Sometimes he won't answer and still go 20 minutes talking about other things. But you can read a lot into it. With Levesque, I watch his answers to questions and I don't really read anything into it because it's not that serious. Even when Tony's not answering a question, I can read into a lot of his thoughts because he hints around about a lot of stuff without directly answering it."


Khan has been known to give long-winded answers during AEW's post-pay-per-view media scrums over the years. Of course, fans will always remember the All Out 2022 media scrum where CM Punk's comments on Colt Cabana and The Elite preceded a backstage altercation.


As of late, WWE has routinely put on press conferences featuring WWE Chief Content Officer Triple H and several top talent. The most recent one following WWE Fastlane stood out thanks to Cody Rhodes and Jey Uso partaking in celebratory drinks on a bus prior to their scheduled appearance.




Pro Wrestling News

Nick Aldis Explains Balancing Part-Time WWE Producer Role With Indie Commitments



Earlier this year, Nick Aldis finished his latest run with Impact Wrestling and it seemed as though he was bound for WWE. However, rather than appearing as a wrestler, Aldis has started working for the company part-time as a producer. Appearing on the "McGuire On Wrestling" podcast, Aldis opened up about his WWE role and balancing it with wrestling in the independent scene.



"I think it's safe to say I'm working with WWE, yes," Aldis said. "That's the way I look at it — I'm working with them at the moment. At least from my point of view, I feel like it's been very positive, and I've enjoyed it. And it's been rewarding, and I'm very obviously flattered that they would want my input and expertise, ... especially with helping some of the younger talent that are coming up from NXT."


Aldis shared that he's learning from the job just as much as he is passing on his knowledge to others, but his status as a full WWE producer is "still pending." As for his in-ring career, the former NWA Worlds Heavyweight Champion is still active outside of WWE and has to consider the schedule of his wife, former WWE star Mickie James.


"Fortunately, WWE [has] been very understanding of [my schedule]," Aldis said. "There have been times where I've been unable to make certain shows because of my independent commitments, and also because of Mickie's commitments. ... Fitting it all in is a challenge, but certainly fun. ... Basically, I'm currently attending 'Raw' and 'SmackDown' whenever I can."


Describing the environment backstage at WWE, Aldis said that it's a complicated production with many moving parts. The former Impact star stated that he simply tries to contribute while still learning as much as he can from the experience.





UFC/MMA News

Dana’s stunning Volk reward revealed as Aussie rockets up UFC rich list - October 12, 2023


Alexander Volkanovski’s decision to fight for the UFC lightweight title on 11 days notice has seen him rewarded with a huge new contract deal which, his agent says, now makes him one the highest paid fighters not named Conor McGregor.


Already regarded by many as the No.1 fighter on the UFC roster, Volkanovski has again gone and confirmed his greatness by agreeing to rematch lightweight king Islam Makhachev at UFC 294 on Sunday week.


Should the Wollongong fighter win in his second attempt to become a two-division champion, it can be revealed he will continue to fight in the lightweight division, defending that strap ahead of his UFC featherweight crown.


Speaking with Fox Sports Australia, Volkanovski’s manager Ash Belcastro also revealed the Aussie superstar had this week become one the highest paid fighters in the UFC – having signed off on a bumper new contract after accepting the Abu Dhabi showdown.


The decision also means Australian sports fans have now been gifted one of the biggest fight weeks in the nation’s history – with Volkanovski and undefeated Australian boxer Tim Tszyu set to headline world title blockbusters within days of one another.


Tszyu defends his WBO super welterweight strap against American Brian Mendoza on the Gold Coast this Sunday.


Then just seven days later, Volk will fight for ‘champ champ’ status against Makhachev.


While initially expecting to be out of action until next January, the Aussie superstar has been parachuted in to save UFC 294 as a late replacement for Brazilian Charles Oliveira, who was ruled out after being seriously cut during a sparring session.


UFC president Dana White revealed on Wednesday that Oliveira had split his eyebrow “wide open” during a training mishap and, after being forced to withdraw from the title fight, had been replaced by Volkanovski -- who needed only one phone call to step in.


All of which means the UFC featherweight champ has now been given a second shot at becoming a two-division king, having previously faced Makhachev at UFC 284 in Perth, back in February.


On that occasion, The Great suffered a narrow, and contentious, decision loss.


Yet when called this week, the fighter agreed almost immediately to the rematch, despite having only returned home from a family holiday two days earlier.


Volkanovski is also only recently recovered from elbow surgery, but will now jet out for Abu Dhabi on Sunday.


As a result, UFC boss White has signed the superstar to an exciting new contract that, according to his management team, now puts him up among the highest paid fighters in the company.


Yet just as importantly, a win over Makhachev on such short notice now gives The Great a chance to confirm his legacy, indefinitely.


“Because if Volk gets off the couch and puts Makhachev away,” Belcastro said, “well, you have to ask ‘how good is he?’.”



And as for the new UFC deal earned by his willingness to throw down?


“Alex has been very well compensated,” Belcastro told Fox Sports Australia shortly after the deal was signed off.


“We’ve signed a great new agreement – not just for this fight but beyond -- and Volk is now at the top echelon of UFC athletes (in terms of pay).


“It’s not just money, either. There is a whole lot more around it and he has been given some really good guarantees.


“Typically in fight sports, the heavier you are the more you get paid.


“But with Alex, as a featherweight … he’s doing really well.


“As far as featherweights are concerned, he was already the highest paid fighter ever outside Conor McGregor.


“But this new deal, it puts him in a great position to look after his family and even beyond that.”


Asked what happens if Volkanovski owns both the UFC featherweight and lightweight titles after Sunday week, Belcastro said: “If we fight and win we stay at lightweight”.


When announcing the fight on Wednesday, White heaped praised on not only the fight readiness of Volkanovski but his entire team – which includes the likes of Israel Adesanya, Dan Hooker and Kai Kara-France.


“And (staying ready) has been a recipe for success for us as a team,” Belcastro agreed.


“We tell our athletes to stay consistent, always fight.


“With the beast of the UFC and their PR, the momentum they get … athletes have the opportunity to grow with that and build a brand.


“Which is what we’ve done.


“There is no better way to be relevant than stay in the gym and keep fighting.


“Everything else seems to follow consistency.”



Asked about Volkanovski’s decision to fight, his manager continued: “He’s a gamer.


“Straight away, Volk was excited.


“He just loves it.


“And the older he gets, the wiser he is getting about how to train and how to understand the sport.


“I think that’s his point of difference.


“He has a great team around him too but he’s just so grounded and focused on what he wants to achieve.


“He’s the ultimate competitor and that really shines through.


“Obviously though, we still had to sort through some facts around what was being presented to us.


“But as soon as he looked at the opportunity everything instantly clicked into gear.”


Within the hour, the fighter had taken advice from a range of members inside Team Volkanovski, including his manager, coach, dietitian, physiotherapist, and head trainer.


He will now fly out for Abu Dhabi this Sunday.


“Volk will still have to cut weight, but fighting at lightweight definitely makes things easier,” Belcastro said.


“Already, he’s in a good spot physically.


“Of course, he isn’t coming into this after a camp of 12 weeks.


“So we are behind the eight ball there.


“But he’s such an ultimate professional, he really is always fit and ready to go.


“So while he has been away enjoying the school holidays with his family, his idea of being on the couch isn’t like me and you.”


Belcastro also confirmed that, only recently, Volkanovski had verbally agreed to defend his UFC featherweight strap against Ilia Topuira next January.


“Initially, we were wanting to fight again this year, fight November or December,” he said.


“But the earliest date the UFC had was January so we said ‘OK, we’ll take it’.


“So that fight was verbally agreed.


“Volk was going to kick camp off at the end of this month.”




Logan Paul Claims Dillon Danis Fight Still On Despite Bloody Microphone Attack - 13th October 2023

Paul says the Danis fight will go on.


WWE superstar Logan Paul says the boxing match against Dillon Danis will take place as advertised.


Things took quite a turn during the pre-fight press conference for Paul vs. Danis. While the two will co-headline a card that will see KSI and Tommy Fury serve as the main event, there's no doubt that the lion's share of attention is on Paul and Danis. At the end of their time during the press conference, Logan Paul threw an object at the legs of Danis. "El Jefe" responded by hitting his opponent over the head with a microphone, bloodying him in the process.



After the physical encounter, many wondered if Paul would be medically cleared to fight Danis this Saturday (October 14). The question became even more pronounced after Danis and backup fighter Mike Perry went face-to-face for a staredown.


It appears the social media star has answered the question of whether or not the fight against Danis will happen, taking to his X account to claim the following:


Dillon can’t escape me. The fight is very much happening, the stakes just got higher," Paul wrote.


It'll be interesting to see if Logan Paul's words hold true. One of the fears was that if the cut was deep enough to where it required stitches, the fight could be ruled out.


KSI told media members backstage that Paul is still ready to go and he's "very angry." He claimed the injury was just a "little bump." KSI insists it won't be enough to cancel the fight and that Logan Paul will be fine.






MMA News


UFC Announces Partnership With New Drug Testing Provider, Legal Action Against USADA Possible


UFC is moving on from USADA with this new provider.


There's a new anti-doping partner for the UFC.

The relationship between the UFC and USADA has gone sour. On October 11, USADA CEO Travis Tygart issued a statement announcing that effective January 2024, the drug testing agency would no longer be in business with the UFC.


The statement didn't go over too smoothly with the UFC brass, as Tygart said the partnership had become "untenable." Tygart mentioned issues with Conor McGregor re-entering the testing pool and Joe Rogan bashing USADA on his podcast.


During a media scrum, it was announced by the UFC that replacing USADA will be Drug Free Sport International. Hunter Campbell, UFC's Executive Vice President and Chief Business Officer, told reporters that a legal letter has been sent to USADA, demanding an apology and retraction of its initial statement. Campbell also remarked that what USADA has done to Conor McGregor is "disgusting," and the agency could be legally liable (via Aaron Bronsteter).


UFC Senior Vice President of Athlete Health & Performance, Jeff Novitzky, also chimed in, calling USADA's statement "garbage." He also claimed that fighters were frustrated with the USADA system due to the way its whereabouts policy was handled.


Novitzky promised that the UFC and Drug Free Sport would have "smarter, more efficient, more effective technology" with the new system being implemented. He also said it will be far more convenient for the fighters.


Time will tell how Drug Free Sport International meshes with the UFC and its athletes. As far as USADA is concerned, things have gotten ugly quickly, and it could lead to a battle in court with the UFC's legal team.