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...TKO owns the Ultimate Fighting Championship and World Wrestling Entertainment....
...Liberty, which is chaired by telecoms and entertainment billionaire John Malone, is poised to agree the takeover of Dorna Sports after seeing off a rival bid from TKO, the sports and entertainment group...
...the deal to combine World Wrestling Entertainment and the Ultimate Fighting Championship....
...Richard Chamberlain, an analyst with RBC Capital Markets, said the purchase would increase JD’s presence in the US market, but “the concern now is that JD is somewhat substituting organic growth with M&A...
...Now, the Department of Justice is reportedly preparing to sue Ticketmaster’s parent company Live Nation Entertainment over anti-competitive practices....
...It has avoided live sports both because of the high cost but also the technical and cultural challenges of combining streaming and sports....
...Pro wrestling is not a proper sport, but “scripted sports entertainment,” as Netflix co-chief executive Ted Sarandos noted on a video chat with investors on Tuesday....
...Many Parisians intend to flee the city during the games, which start on July 26, as an expected 15mn people visit the capital, according to tourism officials....
...Netflix has been pushing further into sports-related content, including a $5bn deal to live stream World Wrestling Entertainment’s flagship Raw programme in the US over the next decade....
...“To capitalise on our long-term potential, to continue to invest in the teams and undertake future capital projects, the club requires a significant increase in its equity base,” said Levy....
...Netflix has agreed a $5bn deal to screen World Wrestling Entertainment’s flagship Raw programme in the US over the next decade, in the group’s biggest foray so far into streaming live events....
...“We are really good at the sporting bit, what we’ve got to do is move towards entertainment,” said Harrison, conceding that some people may find that process “uncomfortable”....
...CVC’s capital helped shore up balance sheets, but senior figures in the sport say now is the time to push forward with structural change and get the game ready for the future....
...With ecommerce expected to continue growing, developers say they are seeing demand from warehouse operators across Europe for investments in entertainment, food and other facilities more commonly offered...
...WWE’s scripted “sports entertainment” content fitted with Netflix’s business, he said, but the company was not interested in bidding for conventional sports rights....
...The investments are part of a surge of private capital into the world’s most popular sport....
...It has interesting assets, such as the Paramount film studio and sports rights on its CBS network....
...Trading on a total enterprise value 7.7 times forward ebitda on capital IQ data, the chain comes in at a sharp discount to the branded sportswear stablemates as well as US peer Planet Fitness....
...BlackRock is not the only US company to step up security spending on its chief executive.Disney chief Bob Iger’s 2023 pay package included $1.2mn in costs for “security services and equipment”, the entertainment...
...Like other legacy entertainment companies, Warner is facing a sharp decline in its traditional television business....
...The Ireland-based gambling group said a primary US listing would offer “access to much deeper capital markets” as well as new investors across the Atlantic....
...The market took fright at sports betting and gambling company Flutter Entertainment’s third-quarter trading update this month, sending the shares down 10 per cent after the operator flagged the detrimental...
...Blavatnik separately owns DAZN, the sport streaming service....
...Disney is facing proxy battles with Nelson Peltz’s Trian Partners and Blackwells Capital, which are seeking board seats and other changes aimed at boosting its share price....
...Bruin Capital, the investment group founded by former IMG executive George Pyne, agreed to sell sports marketing company Two Circles....
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