ESPN Sells Controlling Stake in X Games to MSP Sports Capital, Which Wants to Expand Digital Livestreaming of Events
October 26, 2022 | Variety
Amidst the recruit of CEO of X Games, Steven Flisler, the company aims to reimagine the X Games with unique fan experiences, an expanded calendar, and increased access to the world’s premier athletes. ESPN has sold majority stake of X Games to MSP Sports Capital, a private equity firm allowing MSP to assume operational control and ESPN to serve as a U.S. broadcast partner.