Dow Jones and WSJ launch new sports vertical with live event

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The Wall Street Journal and its parent Dow Jones are launching a new sports vertical that will debut alongside an exclusive, invitation-only sports economy event in New York City this summer.

Why it matters: “Having spent the last couple of years in sports, and seeing how big the opportunities are becoming for investors and owners — It's clear that sports has turned into this incredible asset class,” said Dow Jones Chief Growth Officer M. Scott Havens.

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