Final week, a merger between Skydance and Paramount was finalized. The leisure large now has an $8 billion portfolio, which, curiously, included a share within the Nationwide Soccer League, which comes via a Skydance funding.
Additionally final week, it was introduced that twentieth Century Fox can be shopping for an funding stake within the IndyCar racing promotion, together with a stake within the world-famous Indianapolis Motor Speedway.
And yesterday, it was introduced that ESPN can be shopping for NFL Community, an information and leisure group which was initially began by the Nationwide Soccer League.
Rely your Founder very, very skeptical a couple of sports activities community having an possession within the league or entity it covers. There’s a lot that may go mistaken when the fits that run the sports activities community attempt to run herd on the editorial content material of the media firm.
Underneath these preparations, I can not see, for instance, ESPN or 60 Minutes ever operating tales about NFL retirees and their bodily struggles towards the lingering results of repeated head accidents, or the unwillingness of the league to offer long-term well being care.
I don’t see the place Fox may have any type of freedom to cowl the sorts of tales which have come up in IndyCar the final couple of years with the dishonest that has occurred within the groups run by the Penske Group — the house owners of the complete IndyCar sequence.
The conflicts of curiosity listed here are astonishing.
And guide it right here: inside 5 years, one thing goes to occur which calls into query the integrity of a whole competitors, and the media corporations partnering with that competitors will likely be compelled to be silent.
It’s rotten.
