Apollo Global explores merging Yahoo Sports with a sports betting company
Apollo has reportedly been in talks with betting companies, including Australia's PointsBet.
Apollo has reportedly been in talks with betting companies, including Australia's PointsBet.
"Apollo has been working with Egon Zehnder, an executive search firm, to seek out new leaders. That search includes former Bleacher Report CEO Howard Mittman for a 'head of sports' role, two of the people said."
It looks like Verizon may sell Yahoo and AOL for far less than it paid for them.
Yahoo's next foray into subscription products comes in fantasy sports.
Paylor had worked at Yahoo since 2018 following more than a decade with The Kansas City Star.
"There's an appetite for knowledge across sports, whether it be to understand how salary caps work or what goes into draft picks. So giving fans the power to reconstruct plays, and being able to do that across a NFL Sunday, is kind of cool."
"There are only 10 reporters and a handful of other folks who are going to be able to experience this and document it first-hand."
Martin had been with Yahoo Sports since 2018.
"So much of the media has given way to those algorithms and streams. I wanted to take the power back."
"We are aligning our resources to opportunities where we feel we can differentiate ourselves and can scale faster to deliver a best in class experience to our fans."
Wallace Matthews, Matt Ehalt, Mike Mazzeo and Gerard Gilberto all announced Friday that they'd been laid off.
The Big League Stew creator had been with Yahoo since 2008, and had served as lead editor since 2013.
"The two things that we are best at, fantasy and being able to connect fans with their favorite teams, are the two drivers that drive the sports betting industry. That makes us a very important player here."