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Revenues Newsbeat

Sunday, December 06, 2015

MLB Sees Record Revenues For 2015, Up $500 Million And Approaching $9.5 Billion

Major League Baseball continues to hit home runs on the business side of the industry. With the year nearly complete, the league can report that gross revenues increased $500 million for 2015, marking the 13th consecutive year MLB has seen record growth. While exact figures are not released, the league will enter 2016 with revenues approaching $9.5 billion.

Growth for baseball continued around media rights and other facets. While there continues to be talk of the media rights bubble bursting, dividends continue to come in. As an example, the Philadelphia Phillies saw rights fees increase from $25 million annually to $100 million as part of their new $2.4-3 billion deal….

MLB Advanced Media had more than 3.5 million subscribers to its suite of digital products last year, including MLB.TV and the MLB.com At Bat mobile application.  MLB.com At Bat, the highest-grossing iOS sports app of all-time, was downloaded 11 million times in 2014, surpassing its previous record of 10 million downloads set in 2013.

RoyalsRetro (AG#1F) Posted: December 06, 2015 at 03:34 PM | 4 comment(s)
  Beats: revenues

 

 

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