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PGA Tour Inc.
PGA Tour approves $3bn investment from consortium led by Liverpool FC owner
...The commercial entity and its billionaire backers are distinct from PGA Tour Inc, the tax exempt organisation that administers golf events....
January 31, 2024
Gympass, Inc.
Corporate wellness start-up Gympass prepares for IPO with rebrand
...The group does not own or operate gyms itself, but allows members to use in-person sports facilities as well as digital offerings like online classes and personal trainers....
April 4, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
JD Sports Fashion PLC
JD Sports to deepen US reach with $1bn bid for Hibbett
...JD Sports will pay $87.50 per Hibbett share in cash, representing a premium of about 21 per cent to the US company’s last closing price....
April 23, 2024
Paris Olympics
Parisians struggle to cash in on Olympic Games rentals
A glut of apartments available in the French capital this summer is pushing down prices
April 20, 2024
LexStreaming services
Disney, Fox and Warner sports streaming platform foreshadows consolidation Premium content
...The trio will provide their live sports content via one streaming platform. Sports-as-a-package is already widely available. It is the backbone of traditional linear pay TV....
February 7, 2024
LexNetflix Inc
Netflix jump into pro wrestling signals tipping point for sports media Premium content
...It has avoided live sports both because of the high cost but also the technical and cultural challenges of combining streaming and sports....
January 23, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...JD Sports, which issued a rare profits warning in January, flagged “challenging” trading conditions — which it hopes a packed sports summer will help it withstand — in its update this week....
March 29, 2024
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...Run by the Department for Digital, Culture, Media and Sport and with an annual capital budget of £330,000, the GAC plans to spend a low five-figure sum during the event, though this could be on a series...
April 18, 2024
Netflix Inc
Netflix profits surge after password-sharing crackdown
...“We’re not anti-sports, but pro-profitable growth,” Sarandos said....
April 18, 2024
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...Along with the U9 sports car, BYD has launched new versions of its plug-in hybrid cars and an aggressive marketing drive to expand in this market....
March 5, 2024
Streaming services
Disney, Warner and Fox join forces for sports streaming venture
...“This platform is not in the business of acquiring sports rights,” said the person involved in the new business....
February 7, 2024
Scoreboard
Is Netflix limbering up for live sport? Premium content
...Do read on — Josh Noble, sports editor WWE deal opens sports streaming door for Netflix Netflix’s success with what it calls “sports adjacent programming” — docuseries such as Beckham, Break Point or Formula...
January 27, 2024
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
...Even before Ticketmaster’s 2010 merger with concert promoter Live Nation, concert goers and sports fans complained about the platform’s high processing fees, surcharges and failure to crack down on ticket...
April 18, 2024
Scoreboard
The Pop Tarts effect and US college football Premium content
...Regardless of the outcome, it seems a good time to be a sports lawyer....
January 6, 2024
FT News Briefing podcast10 min listen
Beijing bets on manufacturing
Xi Jinping hopes manufacturing can offset the property slump
April 22, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
World Wrestling Entertainment, Inc.
Netflix strikes $5bn deal to livestream WWE’s Raw show
...“Where we can really differentiate and outcompete everybody is in the storytelling of sports, the drama of sports,” he said....
January 23, 2024
News in-depthNikkei Asia
Bicycle parts maker Shimano seeks growth with Singapore plant
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
March 12, 2024
European prime property
Will a US-style upgrade draw homebuyers to Crans-Montana?
Vail’s recent majority-stake acquisition of the Swiss ski resort will replace ageing infrastructure and improve snow-making
December 12, 2023
Scoreboard
Golf’s power balance resets Premium content
...Forging good relationships with local and state officials is essential for any modern US sports owner....
February 3, 2024
ESPN Inc
Can Disney’s ESPN become the US’s biggest sports betting company?
...In August, sports merchandise company Fanatics launched its betting app in four states, hoping an offer of a free sports jersey after placing $50 worth of bets would attract fans....
November 14, 2023
Scoreboard
Roger Federer’s lesson for Tiger Woods Premium content
...“Here is a person of colour dominating in a traditionally wealthy, white sport”, said Rick Burton, professor of sports marketing at Syracuse University....
January 13, 2024
Due Diligence
Private equity takes over golf Premium content
...In the end, the Fenway-led group, dubbed Strategic Sports Group, stepped to the front of the line....
February 1, 2024
Netflix Inc
Netflix’s subscriber sign-ups blow past Wall Street expectations
...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....
January 24, 2024
Nike Inc
Tiger Woods and Nike end partnership after 27 years
...US golf star Tiger Woods is leaving Nike after 27 years, ending one of the most transformative endorsement contracts in modern sport....
January 8, 2024
Special ReportThe Business of Formula One
After years in the pits, F1 goes up a gear in the US market
...Formula One is, in many ways, the closest thing sport has to a global conglomerate....
November 24, 2023

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