Multiple Sports
Fanatics signs first European retail deal with Next
Global sports merchandising company Fanatics has agreed a connected inventory deal with UK-based online retailer Next
Adidas launches €1bn bond sale
German sportswear manufacturer Adidas has announced that it has successfully placed two bonds in an amount worth €1bn ($1.04bn) in total.
Former USSF CEO Wilson joins Galway Holdings executive team
Will Wilson, the former United States Soccer Federation chief executive and secretary general, has joined financial services company Galway Holdings as its first chief corporate development officer of…
Ramsamy: South Africa focused on single sport events, not multi-sport Games
South Africa’s major events bidding strategy is now focused on competitions featuring just one sport due to the wider infrastructure requirements for larger events, according to Sam Ramsamy, the honorary p…
Byrd departs Sportradar after more than seven years
Veteran industry executive moving on to more entrepreneurial pursuits
UK government launches ‘Digital Rights Review’ for sports events
The UK government has today (Tuesday) launched a review into whether its free-to-air ‘listed events’ rules should be reformed to accommodate changes in the broadcast and consumption of major sporting eve…
Exodus at Meta’s global sports team amid wider layoffs
Internet giant Meta is losing a swathe of sports staff, including its most senior figures, SportBusiness understands, as part of the wider layoffs of 11,000 employees globally that were announced last…
David Levy named co-CEO of Horizon Sports & Experiences
David Levy, the experienced American sports and media executive, has been appointed by media agency Horizon Media as the co-chief executive of its new Horizon Sports & Experiences (HS&E) vertical, alongside …
Jesse Cole on reinventing the notion of fan engagement
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Jesse Cole, owner of the Savannah Bananas. Fisher and Russo also discuss the still-turbulent world of sports streaming amid a new batch of third-quarter earnings reports, the strategic merger between Major League Pickleball and the Vibe Pickleball League, the collapse of cryptocurrency exchange FTX that has led to a bankruptcy filing and dissolution of some sports sponsorships, the National Basketball Association’s move to heighten its strategic investment activity, and deepened chaos for prominent social media platform Twitter under new owner Elon Musk.
FTX files for bankruptcy, leaving sports sponsorships on brink
Beleaguered cryptocurrency exchange FTX has filed for Chapter 11 bankruptcy in the United States, putting all the company's multiple global sports sponsorship deals in danger of collapse
Endeavor swings back to a loss amid macroeconomic issues
WME, IMG, and UFC parent points to inherent strength in company
Viaplay shelves launch in DACH region, plans Baltic cost savings
Viaplay Group, the international subscription streaming broadcaster, will not launch in German-speaking markets as planned next year amid wider cost-cutting initiatives
ESPN, CBS Sports, Conference USA strike rights deal
Conference USA, a mid-tier player in the landscape of United States college sports, has completed a five-year multimedia rights deal with ESPN and CBS Sports that will increase accessibility to the conference…
Miami-Dade exploring FTX legal remedies, Mercedes F1 team suspends deal
Miami-Dade County is exploring "all legal remedies" if cryptocurrency exchange FTX cannot meet its financial obligations in a 19-year stadium naming rights agreement at the publicly owned facility that…
Genius Sports net losses continue despite revenue growth
Company says it remains on pace to hit 2022 targets for revenue, adjusted EBITDA
Binance pulls out of FTX bailout leaving sponsorship deals in jeopardy
The future of cryptocurrency exchange FTX and its raft of high-profile sports sponsorship and athlete endorsement deals has become increasingly uncertain after rival operator Binance backed out of a rescue…
Right Formula acquires PR agency Patterrn
Sports marketing agency Right Formula has made sports PR and content agency Patterrn its latest business acquisition
Monumental links with TicketManager for three of its teams
Monumental Sports & Entertainment has completed a deal in which California-based event and guest management platform developer TicketManager will be the exclusive corporate ticket management and resale…