Fanatics expects more than 200,000 attendees at Fanatics Fest in New York

According to CNBC, Fanatics founder and CEO Michael Rubin said the company expects more than 200,000 people to attend Fanatics Fest over its four-day run in New York City. Rubin said Fanatics now has more than 150 million customers across its sports-focused businesses and that the company is on track to approach $14 billion in revenue this year. He also said Fanatics raised $700 million in its last public funding round in December 2022 at a valuation of $31 billion, and said the company is not pursuing ticketing or live sports broadcasting.