Are you a fantasy sports fan? Play fantasy football? Fantasy baseball? Yesterday the Supreme Court rejected an appeal from Major League Baseball and its players association to overturn a ruling that gives for-profit fantasy leagues on the Web a free-speech right to use the names of real players without paying a licensing fee. It's a big deal for everyone involved and puts to rest a three year fight.
Who wins? Who loses? Why should you care? Take a look below. This morning I interviewed Doug Perlman, president of Accrue Advisors and former president of IMG where he oversaw all aspects of digital media and Charlie Wiegert, the CDM Fantasy Sports EVP & co-founder, the company in the MLB lawsuit.
Here's a clue.....18-20 million people play fantasy sports in the U.S. and Canada. This is a $1.5 billion industry that is expected to grow to $2 billion especially given this news which will increase competition and participation.
aboutthis blog
Alexis Glick is an anchor for FOX Business Network. Prior to joining FOX, Glick served as a correspondent for the Today Show and co-anchored the third hour of that program. Before her stint at NBC News, she was the senior trading correspondent for CNBC and reported from the floor of the New York Stock Exchange.
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