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January 15, 2014

The First Ever Fantasy Sports Television Network Is Coming Soon

by Jared

This week, Anthem Media announced the coming launch of the first ever Fantasy Sports TV Network.

The group said that fantasy sports has become a $5 billion-a-year industry. For comparison, the NFL brings in about $9 billion in revenue each year.

Anthem Media added that the network will be the first of its kind, and it hopes to reach as many of the estimated 40 million people in North America who play fantasy sports as it can.

“With the fantasy sports industry growing more rapidly and arguably larger than the business of underlying sports themselves, the time to create a multi-faceted media property for this industry is now,” Louis Maione, Chief Strategy Officer of the network, said in a statement.

The average player (75 percent male, 25 percent female) spends close to $500 per year on fantasy-related items and services, the group said.

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