EXTRA INNINGS – Beyond the Scoreboard: Investing in the Sports Economy

Mobile World Congress (MWC) Barcelona 2025

About this Podcast

▷ Beyond the Scoreboard: Investing in the Sports Economy – Webinar: https://youtu.be/MCgjEG1UE8c ▷ Learn about the GOLS ETF: https://youtu.be/RU27jDocPH4 ▷ Ways to Play – Sports Investing: https://youtu.be/Gim5Zq3Dwbs In this bonus segment, “Extra Innings,” Chris Marangi answers additional questions from Gabelli’s live webinar on investing in the sports economy. Sports is more than just a game: it’s a global business ecosystem built upon media rights, live experiences, and fan engagement. In this webinar, Gabelli Opportunities in Live and Sports (GOLS) Portfolio Manager Chris Marangi will discuss the key trends driving the sports and live entertainment economy and review the key revenue drivers of the industry. Chris will share his outlook for 2026 and beyond and explain how they evaluate opportunities across the ecosystem. Moderated by Katie Durkin, Senior Vice President. 2026 Playbook: The key trends that will drive the sports and live entertainment economy this year – The business of sports: Understanding key revenues drivers – media rights, ticketing, sponsorships, experiences, gaming, data, and infrastructure – Introducing GOLS: The Gabelli Opportunities in Live and Sports ETF (GOLS) – invest like a billionaire. – Investable ecosystem: Discussing the investable opportunity set including franchises, leagues, venues, and platforms – Investment process: How we apply Gabelli’s Private Market Value with a Catalyst™ investment approach to uncover mispriced opportunities – Portfolio positioning: How GOLS may fit alongside core equity, thematic, and alternatives allocations – Stock spotlights: Examples of GOLS holdings – Q&A: Live questions from attendees 0:00 Gabelli Opportunities in Live & Sports – Extra Innings 0:27 GOLS Fees 0:48 Women’s Sports 1:31 ETF Transparency 2:16 Diversification 3:08 Media plays 4:44 Betting 6:02 Europe – US: Football/soccer, NBA, F1/NASCAR, NFL? 8:05 Valuation gap between private vs. public sports franchises 9:25 Catalysts for sports teams 10:54 Atlanta Braves – broadcast/profit dynamics 12:44 Private equity and firms developing sports ETFs 14:13 What’s next for GOLS? Raising capital? 14:57 Contact us 15:12 Important Disclaimers To learn more about Gabelli Funds’ fundamental, research-driven approach to investing, visit https://m.gabelli.com/gtv_cu or email invest@gabelli.com. Connect with Gabelli Funds: • LinkedIn – https://www.linkedin.com/company/investgabelli/ • X – https://x.com/InvestGabelli • Instagram – https://www.instagram.com/investgabelli/ • Facebook – https://www.facebook.com/InvestGabelli http://www.Gabelli.com Invest with Us 1-800-GABELLI (800-422-3554)

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