As the NFL season heads toward Week 7, it’s still unclear which company will become the new owner of Sunday Ticket rights - the only remaining exclusive broadcast package that hasn’t been renewed until 2030. Apple is among the favorites to land the package, in part because the league already has broadcast deals in place with rival bidders Amazon and Disney. A partnership with Apple would allow the NFL to build a relationship with the deepest-pocketed company in the world, but existing restrictions around Sunday Ticket have apparently slowed negotiations.
After two years of port congestions and container shortages, disruptions are finally easing. Container freight rates, which soared to record prices at the height of the pandemic, have been falling rapidly and container shipments on routes between Asia and the U.S. have also plunged. Container prices have tumbled 64% since last September and have fallen 32 weeks in a row. Freight rates on major routes have also fallen.
Futures are higher after stocks sank on Friday. The Dow Industrials fell 403, the Nasdaq dropped 327 and the S&P 500 was down 86.
