DraftKings ramps up media spree with $50m podcast investment

Nasdaq-listed operator in talks to land exclusive distribution rights to ex-ESPN host Dan Le Batard’s podcast

DraftKings will further invest in its newly formed media business via a distribution deal with former ESPN host Dan Le Batard worth at least $50m over three years, the WSJ has reported. Le Batard’s podcast will be sub-licensed to radio stations and other streaming platforms as DraftKings also seeks to make money from selling advertising.…

David vanegmond | DraftKings | M&A | M&A | Media partnership