The parent company of the Boston Red Sox and Liverpool F.C. has ended talks to sell a minority ownership stake to RedBall Acquisition, a SPAC formed by longtime baseball executive Billy Beane and investor Gerry Cardinale, Axios has learned from multiple sources. An alternative investment, structured more like private equity, remains possible.
Why it matters: Red Sox fans won't be able to buy stock in the team any time soon.
Peacock and WWE announced a multi-year agreement Monday that gives Peacock exclusive streaming rights to WWE Network in the U.S.
Why it matters: The deal, reportedly worth over $1 billion, will help bolster Peacock's programming to better compete with the slew of new streaming companies that have launched in the past year.
Move over, Derek Jeter and Steven Stamkos. This is Tom Brady's town now. And all he does is win.
What happened: In his first season with the Bucs, King Brady and his team held on to beat the Green Bay Packers in a 31-26 NFC Championship nail-biter, earning the right to take on the Kansas City Chiefs in Super Bowl LV.
