Artificial intelligence (AI) applications are delivering measurable results across sports. Rights owners using them have improved fan retention rates, incrementally grown revenues, and altered training methods and workloads to optimize for individual player health. But sports’ AI revolution comes with a catch–organizations without strict policies and procedures surrounding its use are exposed to significant legal, financial, and ethical liabilities. And yet, few teams have policies and procedures in place. Sports organizations that proactively develop and implement comprehensive AI policies will be the ones best positioned to capitalize on the tech’s capabilities and mitigate the serious liabilities. cc: JohnWallStreet Shripal Shah Ryan Dastrup, PhD Jacie Brandes Randall Friedman https://lnkd.in/g5xQSh59 #AI hashtag #Policy hashtag #Procedures hashtag #Sports hashtag #sportsbiz hashtag #artificialintelligence
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johnwallstreet.com
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Ryan Dastrup, PhD
Sports Executive. Strategic Thinker. Relationship Builder. Disruptor.
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Jacie Brandes
Transformative Sales & Marketing Leader, Driving Brand Strategy, Partnership Value, Client Relationships, Team Builder, Revenue Growth, Digital, AI…
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John WallStreet
The most influential people in sports, media and finance start their day with JohnWallStreet. I am its founder. Sign-up for the free e-newsletter at…
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The most influential people in sports, media and finance start their day with JohnWallStreet. I am its founder. Sign-up for the free e-newsletter at johnwallstreet.com/subscribe
JohnWallStreet's Fall Sports & Media Huddle is quickly approaching! 100 of #sports and #media's most influential decision-makers will be gathering in NYC for smart, closed-door conversation and high-level networking. Want to be in the room? Select partnership opportunities remain. Reach out to Jacie Brandes if interested. #sponsorship #events #partnership #sportsbiz
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The most influential people in sports, media and finance start their day with JohnWallStreet. I am its founder. Sign-up for the free e-newsletter at johnwallstreet.com/subscribe
Pro League Network (PLN) has closed a $4.2mm seed round led by Keith Bank’s KB Partners. The company owns and operates a collective of sports leagues, and produces and distributes their content. PLN touts 10mm impressions/week across O&O channels and its network of streaming partners reaches millions more. But PLN is not rolling up conventional sports leagues. The vertically integrated network has constructed a portfolio of nearly a dozen emerging properties that stand left of center, including the Putt Tour, Carjitsu, SlapFight Championship, and Ultimate Tire Wrestling. “We’re taking these fun and unique sports, these accessible, casual, and approachable sports, and deconstructing them in a way that speaks to the inner sports fan,” Bill Yucatonis (co-founder, PLN) said. And to the sports bettor who wants to wager on action outside of traditional live event windows. #investment #sports #sportsbiz #media #streaming #startup cc: JohnWallStreet Jacie Brandes Randall Friedman Ryan Dastrup, PhD Mike Salvaris Roger Ehrenberg Ethan Ehrenberg https://lnkd.in/dG7WDvzJ
ESPN8 The Ocho Like Network Raises $4.2mm to Expand Production, Power Monetization
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