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Merged action sports company created involving Nitro and skateboarding

A new independent action sports operator and media company has been formed through a deal between investment firms The Raine Group and Causeway Media Partners, with backing from commercial finance company MidCap Financial.

Thrill One Sports & Entertainment will combine Nitro Circus, Street League Skateboarding (SLS) and Superjacket Productions. Joe Carr, a former senior executive at the UFC mixed martial arts promotion and the World Surf League, will lead Thrill Sports as chief executive.

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