LEAD, a Berlin, Germany-based venture corporation for sports and health, announced that Harry Kane, Brooks Koepka, Brayden Schenn and other athletes are amongst the first to have joined its Locker Room fund.
The entertainment industry has been bracing for consolidation, but few deals would reshape the landscape as dramatically as Netflix acquiring Warner Bros. Discovery. While the idea might excite shareholders and Wall Street analysts, the downstream effects on creators, consumers, athletes, teams, and sports-tech operators would be massive—and not in a good way.