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Formula 1 could be coming to Apple as it mulls offering up to $2 billion a year to show races, report says

October 02, 2023

Revenue from sports streaming and cable subscriptions in the US is expected to increase from $13.1 billion last year to $22.6 billion by 2027, according to intelligence firm Parks Associates.

From the article, "Formula 1 could be coming to Apple as it mulls offering up to $2 billion a year to show races, report says" by Polly Thompson

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Pay-TV operators are seeing a "slow erosion of the core business," analyst Brett Sappington at Parks Associates said. "After years of attempts to be more than just a 'dumb pipe,' pay-TV operators h...

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Beyond that, AT&T also gets revenue by licensing those movies and TV series to other pay-TV providers and subscription Net TV services such as Netflix. "Video and entertainment will remain the key dri...

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Formula 1 could be coming to Apple as it mulls offering up to $2 billion a year to show races, report says

Previously In The News

New Gadgets For Smart Homes

AT&T-Time Warner Deal: A Good Merger In The New Media Era Or A Bad Remake?

Prediction: Wi-Fi-Cell Hybrid Service Is Coming

AT&T-Time Warner Deal Could Spur More Mergers, Scrutiny

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