Multiple Sports
Abrams, Rees form Velocity Capital Management
Veteran sports industry executives David Abrams and Arne Rees have formed the investment firm Velocity Capital Management, which plans to invest up to $50m (€50m) in early-stage sports, media, and entertainment c…
Former U.S. Soccer executive Remedi to lead Jung von Matt Sports’ US office
The Germany-based Jung von Matt Sports creative agency has appointed Brian Remedi, formerly chief administrative officer at U.S. Soccer, to lead its new office in the United States
TF1-M6 merger called off after regulator demands
French free-to-air commercial broadcasters TF1 and M6, along with their respective parent companies, conglomerate Bouygues and media group RTL Group, have ended a proposed merger operation after declaring…
Hong Kong marathon and dragon boat championships join list of cancelled events
Hong Kong's tough pandemic policies claimed two more high-profile sporting victims late last week as the city's marathon and the World Dragon Boat Racing Championships were moved from their original dates
FanDuel renews partnership with The Gist
FanDuel and The Gist have completed a renewal agreement that keeps the fast-growing, female-led sports media group as the official sportsbook partner of the gaming giants.
Jim O’Connell on leveraging opportunity with Athletes First Partners
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Jim O’Connell, president of Athletes First Partners. Fisher and Russo also discuss RedBird Capital Partners’ sale of its stake in OneTeam Partners, the National Football League’s new collaboration agreement with the German Football League, Ares Management raising $3.7bn (€3.7bn) to invest in the sports industry, the pending sale of Major League Baseball’s Los Angeles Angels, and ownership turbulence with the National Basketball Association’s Phoenix Suns.
Cricket audiences encourage Daraz to target bigger sports and entertainment platform
Shopping app Daraz has been taking a unique approach to combining sport and ecommerce in Pakistan and other South Asian markets.
Filipino platform Tap DMV launches expanded service following Endeavor Streaming tie-up
Philippines-based broadcaster Tap Digital Media Ventures (Tap DMV) has launched a new subscription streaming platform after entering into an agreement with streaming services provider Endeavor Streaming
RedBird Capital sells OneTeam Partners stake
United States-based investment firm RedBird Capital Partners has sold its equity stake in OneTeam Partners, the company designed to help athletes maximize the value of their name, image, and likeness r…
Long-serving IMG executive Henchman promoted to president, global partnerships
Sports and entertainment group Endeavor has announced the promotion of Robbie Henchman to the role of president of global partnerships at IMG Events, IMG Media and On Location
Ares Management raises $3.7bn to invest in sports industry
Los Angeles, California-based hedge fund Ares Management has announced it has raised $3.7bn (€3.7
EXCLUSIVE: Bruin-owned TGI Sport buys specialist virtual advertising agency ISG
TGI Sport, the virtual advertising technology, media and marketing company part owned by Bruin Capital, has agreed a deal to acquire specialist virtual advertising solutions agency the Interregional Sports…
Pagliuca to chair Deltatre as Bain-Nextalia SGR acquisition closes
Celtics, Bain Capital, Atalanta leader to assume key corporate role
Turnstile agrees ‘strategic alliance’ with SponsorPulse
Sponsorship insights agency Turnstile and measurement company SponsorPulse have signed a strategic global alliance to grow their respective sponsorship service businesses
Canal Plus increases MultiChoice stake to 26 per cent
Canal Plus, the France-based pay-television broadcaster, has further raised its stake in pan-African broadcaster MultiChoice, owner of pay-television broadcasters SuperSport and DStv
ProSiebenSat.1 acquires Warner Bros. Discovery’s shares in OTT service Joyn
German commercial broadcaster ProSiebenSat.1 has reached an agreement to acquire the outstanding 50 per cent of the shares in streaming service Joyn from media group Warner Bros. Discovery
Fanatics appoints White as CMO of betting division
Global sports merchandise giants Fanatics has appointed veteran marketing executive Jason White as the chief marketing officer of the company's betting and gaming division
Legends names Carroll as its global merchandise president
Former Foot Locker executive to lead division for premium experiences company