Inflation is rising, but fans are paying for NBA, NFL, other sports tickets

People are changing their spending habits as prices surge at rates not seen in four decades, making choices that favor experiences. That means big demand for live sports. Demand for sports attendance is usually “unresponsive to price changes,” said Dennis Coates, a sports economics professor at the University of Maryland, Baltimore County. “Good times, bad … Read more

Netflix, Tesla, Visa, Warby Parker, Penn, Disney

Here are Wednesday’s biggest calls on Wall Street: Goldman Sachs upgrades Endeavor Group to buy from neutral Goldman said it sees an attractive entry point into the media and talent company. “Shares of Endeavor have traded down 30% since its IPO and 45% YTD driven by i) fundamental concerns that a weakening economy will impact … Read more

Ford, UPS, Tesla and more

Here are Friday’s biggest calls on Wall Street: JPMorgan downgrades UPS to neutral from overweight JPMorgan said UPS shares could be on hold without a major catalyst to drive growth. “Pressure continues mounting on the US consumer and e-comm growth decelerates. … UPS is operating very well in a dynamic environment but we expect further … Read more

WWE looks to boost sponsorship revenue as live events return, media deal expires

Chief Brand Officer and TV Personality of WWE, Stephanie McMahon delivers her keynote address at the opening of Sports Matters in conjunction with All That Matters 2016 in Singapore on September 14, 2016. Roslan Rahman | AFP | Getty Images WWE and industry analysts agree: The pro wrestling and media company can squeeze more revenue … Read more

Formula 1, WWE and UFC are potential acquisition targets for streaming services

(LR) Conor McGregor of Ireland punches Dustin Poirier in a lightweight fight during the UFC 257 event inside Etihad Arena on UFC Fight Island on January 23, 2021 in Abu Dhabi, United Arab Emirates. Chris Unger | UFC | Getty Images In 2016, before Ultimate Fighting Championship sold for $ 4 billion to the company … Read more