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...The deal reflects how private equity has sought to gain broad exposure to the sports world, taking ownership stakes in clubs and leagues and financing media platforms, new stadium projects and broad ecommerce...
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...The ecommerce group’s deal comes as part of a restructuring for Diamond Sports Group, which is aiming to leave bankruptcy protection; its collapse sparked a media rights crisis that spooked US sport....
...As part of the transaction, Endeavor became a separate talent agency with other businesses spanning sports media rights and data analytics, but kept a controlling stock interest in the merged combat sports...
...holders of a friendly match between a Hong Kong team and Inter Miami, after Lionel Messi’s failure to play over an injury prompted a furious backlash from fans, the Hong Kong government and Chinese state media...
...The Guggenheim executives — Mark Walter, Todd Boehly and Scott Minerd — had devised a clever arrangement to justify the hefty valuation: the group, appreciating that the demand for media rights for sports...
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...Peter Schloss, managing director of CastleHill Partners, an Asia-based merchant bank focusing on media and sports, said “everybody” botched the tour and questioned how someone with Beckham’s experience of...
...Roger Hartelius, Fortnox’s chief financial officer, told the FT that it also counted other organisations, including condominium associations and sports associations....
...Iger said Disney will launch a new version of its ESPN streaming service in 2025, which he described as a “very immersive” app that will feature integrated betting, enhanced statistics, fantasy sport leagues...
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...The belated IPO pitch highlighted Endeavor’s growing dominance in multiple areas of media and entertainment: global sports, live events and talent representation....
...ESPN, the Disney-owned sports network that has struggled to keep up in the streaming age, is placing an aggressive wager on sports betting, an area Iger had long been wary of....
...The agency has ridden the boom in sports and media activity in recent years....
...Pichai and the other executives on the earnings call referenced AI repeatedly — at least 80 times — saying they had “integrated AI throughout our portfolio” to enhance Google Search, protect clients with...
...“As one of the largest integrated sports and entertainment companies in the country, MSE’s platform provides unique opportunities and scalability for growth and partnerships,” the QIA said on Monday....
...It comes as pressure mounts from within the ruling Conservative party to block the takeover of the Telegraph Media Group by Abu Dhabi-backed RedBird IMI....
...Sales generated by its sports business, which involves representing athletes such as Manchester City’s Jack Grealish and Real Madrid’s Eduardo Camavinga, grew 28 per cent to $492mn....
...The talent agency has an enterprise value of $7bn including debt, the people said, and had sales, largely through commissions earned by agents on its artists and sports stars, of about $1.7bn in 2022....
...Striking out Nicole Musicco’s abrupt exit from the California Public Employees’ Retirement System followed a big push by the former investment chief into sports deals, Bloomberg reports....
...Soon sales of Victoria’s Secret’s most important category, bras, had started to decline as women shifted to bralettes and sports bras....
..., sports and telecoms would set them apart....
...Despite toying in recent weeks with the idea of returning to the Spanish club, he told Spanish media outlet Mundo Deportivo on Tuesday: “I made the decision I am going to Miami....
...As well as upcoming media rights renewals, Endeavor has highlighted the opportunities to create more content, live events, sponsorship and licensing....
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