{"id":897,"date":"2023-04-28T04:11:47","date_gmt":"2023-04-28T01:11:47","guid":{"rendered":"https:\/\/xxbet-company.com\/draftkings-readies-sports-streaming-service\/"},"modified":"2023-04-28T04:11:47","modified_gmt":"2023-04-28T01:11:47","slug":"draftkings-readies-sports-streaming-service","status":"publish","type":"post","link":"https:\/\/xxbet-company.com\/nb\/draftkings-readies-sports-streaming-service\/","title":{"rendered":"DraftKings Readies Sports Streaming Service"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_34 counter-flat ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Innholdsfortegnelse<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/xxbet-company.com\/nb\/draftkings-readies-sports-streaming-service\/#DraftKings_Has_Goods_to_Be_Streaming_Player\" title=\"DraftKings Has Goods to Be Streaming Player\">DraftKings Has Goods to Be Streaming Player<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/xxbet-company.com\/nb\/draftkings-readies-sports-streaming-service\/#Potential_Benefits_of_Streaming_for_DraftKings\" title=\"Potential Benefits of Streaming for DraftKings\">Potential Benefits of Streaming for DraftKings<\/a><\/li><\/ul><\/nav><\/div>\n<p>DraftKings (NASDAQ: DKNG) could be the next entrant into the streaming entertainment wars, as the gaming company is said to be readying a sports streaming service.<\/p>\n<figure aria-describedby=\"caption-attachment-254310\" data-style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-254310\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/01\/DKNG-1-858x483.jpg\" alt=\"DraftKings\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/01\/DKNG-1-858x483.jpg 858w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/01\/DKNG-1-430x242.jpg 430w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/01\/DKNG-1.jpg 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" title=\"\"><figcaption class=\"text-description\">DraftKings stock is highlighted at the Nasdaq market site. The company is reportedly close to launching a streaming service. (Image: Nasdaq)<\/figcaption><\/figure>\n<p>The service could launch over the next several weeks. Unidentified sources with knowledge of the matter told <em>Bloomberg <\/em>that DraftKings\u2019 streaming offering, which will feature podcasts produced by the company and other original content, will be free and generate revenue via advertising.<\/p>\n<blockquote class=\"main-blockquote\">\n<p><strong>Over the years DraftKings has expanded our media footprint by securing top talent and trusted personalities across sports media, and we\u2019ve begun the initial rollout of DK Network,\u201d<\/strong> according to a statement from the sportsbook operator provided to <em>Bloomberg<\/em>.<\/p>\n<\/blockquote>\n<p>News of DK Network arrived about two years after <a href=\"https:\/\/www.casino.org\/news\/draftkings-could-add-to-its-acquisitions-with-streaming-says-analyst\/\" rel=\"nofollow noopener\" target=\"_blank\">Wall Street analysts speculated<\/a> DraftKings made for a sensible addition to the ultra-competitive streaming entertainment arena.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"DraftKings_Has_Goods_to_Be_Streaming_Player\"><\/span>DraftKings Has Goods to Be Streaming Player<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>DraftKings\u2019 plans to roll out a streaming platform come just months after rival FanDuel introduced its own network and a streaming service of its own.<\/p>\n<div class=\"callout\">\n<p>Boston-based DraftKings already has some pieces in place to make for an economical, efficient entry into the streaming industry. In 2021, the sportsbook operator <a href=\"https:\/\/www.casino.org\/news\/draftkings-teaming-up-with-meadowlark-accesses-le-batard-podcasts\/\" rel=\"nofollow noopener\" target=\"_blank\">signed a $50 million deal <\/a>with Meadowlark Media, the owner of Dan Le Batard\u2019s network of shows. Prior to that, it acquired <em>Vegas Sports Information Network<\/em> (VSiN) and hired former Verizon executive Brian Angiolet to run its media arm. Last year, Stacie McCollum, a former <em>ESPN<\/em> executive, joined DraftKings as head of programming.<\/p>\n<\/div>\n<p>In that same year, DraftKings launched a channel <a href=\"https:\/\/www.casino.org\/news\/sling-debuts-draftkings-channel-with-real-time-sports-betting-odds\/\" rel=\"nofollow noopener\" target=\"_blank\">on the SLING TV<\/a> streaming service after notching a similar accord with DISH Network.<\/p>\n<p><strong>The virtual multichannel video programming distributors business (vMVPD) industry provides the added allure of revenue stream diversification. Currently, online sports wagering, internet casinos, and daily fantasy sports (DFS) are the primary drivers of DraftKings\u2019 top line.<\/strong><\/p>\n<p>In the sports streaming industry, the undoubted leader is <em>ESPN+<\/em>. After launching in February 2018 with one million subscribers, <em>ESPN+ <\/em>had 24.9 million subscribers as of the end of February. However, that\u2019s a fee-based service, meaning DraftKings wouldn\u2019t be in direct competition with that Disney offering.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Potential_Benefits_of_Streaming_for_DraftKings\"><\/span>Potential Benefits of Streaming for DraftKings<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>DraftKings could wring a variety of potential benefits from its streaming platform, including leveraging it as a cost-effective customer acquisition tool. Sports wagering companies are under pressure from the investment community to reduce promotional spending \u2014 the common way of wooing new clients \u2014 to focus on profitability.<\/p>\n<p><strong>An in-house streaming service could also reduce DraftKings\u2019 external marketing expenditures, including partnerships with professional leagues and teams and <a href=\"https:\/\/www.casino.org\/news\/draftkings-could-move-caesars-out-of-espn-deal-says-ekg\/\" rel=\"nofollow noopener\" target=\"_blank\">traditional media networks<\/a>.<\/strong><\/p>\n<p>A streaming platform could also open the door for DraftKings to command advertising revenue from companies targeting millennials and Gen Z that are already established in running ads on digital and streaming services.<\/p>\n<p>The post <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\/draftkings-could-soon-launch-sports-streaming-service\/\" target=\"_blank\">DraftKings Readies Sports Streaming Service<\/a> appeared first on <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\" target=\"_blank\">Casino.org<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>DraftKings (NASDAQ: DKNG) could be the next entrant into the streaming entertainment wars, as the gaming company is said to be readying a sports streaming service. DraftKings stock is highlighted at the Nasdaq market site. The company is reportedly close to launching a streaming service. (Image: Nasdaq) The service could launch over the next several <a href=\"https:\/\/xxbet-company.com\/nb\/draftkings-readies-sports-streaming-service\/\" class=\"more-link\">&#8230;<\/a><\/p>","protected":false},"author":1,"featured_media":898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/posts\/897"}],"collection":[{"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/comments?post=897"}],"version-history":[{"count":0,"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/posts\/897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/media\/898"}],"wp:attachment":[{"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/media?parent=897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/categories?post=897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/tags?post=897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}