Sep 20, 2017

Sports are becoming expensive for TV networks

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Women take the lead on donating to support female college sports

The Indiana Hoosiers celebrate after the NCAA Women's College Basketball game. Photo: Bobby Goddin/SOPA Images/LightRocket via Getty Images

Former female athletes are donating millions of dollars to build facilities, endow scholarships and support coaching positions at their alma maters, the New York Times reports.

Why it matters: Participation in women’s college sports teams is at an all time high, outnumbering men's sports for more than 20 years. And yet, the marketing and sponsorships from benefactors for college female teams has caught on slower than men's sports.

Go deeperArrowDec 25, 2019

Stadiums are the new department stores

Illustration: Aïda Amer/Axios

Professional sports stadiums and arenas used to be built as standalone venues (think: in the middle of a parking lot). But in a push to expand beyond game day, teams are increasingly building them as anchors for larger real estate projects.

Why it matters: As the areas surrounding modern stadiums evolve from a handful of restaurants, bars and shops into entire "districts" with things like condos, hotels, offices, event spaces and fitness centers, sports teams have unlocked a new revenue stream: land.

Go deeperArrowJan 7, 2020

Fox News hits record 2.5 million nightly viewers in 2019

Fox News' Sean Hannity. Photo: Jason Kempin/Getty Images for Politicon

Fox News averaged 2.5 million viewers per night in 2019, a 23-year high that made it the most viewed channel on basic cable, The Hill reports.

Our thought bubble, via Axios’ Sara Fischer: The network's record viewership comes as Americans' news consumption has become increasingly polarized — and as the left-leaning cable news audience likely split its time between rivals CNN and MSNBC.

Go deeperArrowDec 30, 2019