The World Round-up: What have we learnt over the past three weeks
June 26, 2024
Over the last three weeks, we have been jetting around the world and had fantastic insights from Africa, US and Asia.
View From The US: DOJ’s Ticketmaster-Live Nation Case Has Seats For Sports Fans
In this View From The US piece, Michael McCann , Legal Analyst and Senior Sports Legal Reporter of Sportico explains more about the US Department of Justice’s latest decision to breakdown on Live Nation and Ticketmaster.
Read the full piece here.
View From Asia: “The 2024 TATA IPL Report Card”
In his latest View From Asia column, Unmish Parthasarathi, the Singapore-based Founder of Picture Board Partners, Monetisation & Communications practice, shares insights from the recently concluded Indian Premier League.
The 17th edition of the Indian Premier League (officially called TATA IPL 2024) ended recently with the Kolkata Knight Riders (KKR) winning their third title.
Read the full piece here.
View From Africa – Apt time to invest in the growth story of African Sports
In this week’s View From Africa piece Cynthia Mumbo, CEO of SportsConnect Africa highlights the growing sports economy of Africa.
When it comes to sports, Africa is becoming a hotspot. With an average growth rate of 5% over the past 20 years, the sports economy is accelerating at a positive rate. On a global scale, sports account for about 1.2 trillion euros, or 2% of GDP, but only 0.5% of Africa’s GDP, although growth forecasts predict an 8% increase. Total revenue in the Sports market is projected to reach US$5.57m in 2022 and the total revenue is expected to show an annual growth rate (CAGR 2022-2027) of 9.75%, resulting in a projected market volume of US$8.87m by 2027.
Read the full piece here.