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...Strategic Sports Group, which is led by Henry’s Fenway Sports Group, is set to inject up to $3bn in the tour’s commercial business....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a sports streaming service later this year that will aggregate the games offered by the media groups’ traditional television networks....
...For Toyota, hybrid sales increased 47 per cent year on year in the December quarter, far outpacing total group sales growth of a tenth. In Asia, the trend is even more pronounced....
...Juliet Riddell is the FT’s head of new formats...
...“Where we can really differentiate and outcompete everybody is in the storytelling of sports, the drama of sports,” he said....
...This week, the tour approved a deal for a group of investors led by Liverpool FC and Boston Red Sox owner John Henry and his Fenway Sports Group to buy into the new entity....
...In an advert released to promote Tuesday’s launch of ESPN Bet, the Disney-owned sport network’s betting venture with casino group Penn Entertainment, Van Pelt, known affectionately by viewers as SVP, pumps...
...In the end, the Fenway-led group, dubbed Strategic Sports Group, stepped to the front of the line....
...Bruin Capital, the investment group founded by former IMG executive George Pyne, agreed to sell sports marketing company Two Circles....
...Advertising software group Klaviyo was the only large software listing on NYSE last year, as Nasdaq lured chip designer Arm and delivery group Instacart....
...Can a £1bn British upstart change sports merchandising? In the world of sports merchandising, it’s hard to look further than the behemoths of Nike and Adidas....
...Crans-Montana is known for its gourmet food, glitzy shops and golf courses as well as winter sports....
...Last month, the PGA Tour announced it would raise up to $3bn from Strategic Sports Group, a consortium led by Liverpool FC and Boston Red Sox owner John Henry....
...But the research she’s looking at suggests that “the fastest growing leisure spend is fantasy sports and online sports betting”. “The negative impact is that it’s all young men....
...Falling market share and sales figures reported this month indicate the two groups face rising competition and the whiplash of US-China geopolitical tensions....
...The Chinese ride-hailing group has posted its first profit since Beijing’s crackdowns in 2021....
...DHL, one of the world’s largest delivery groups, said some of its facilities offer “multipurpose space” for sports activities such as basketball, badminton and futsal, a variation on five-a-side football...
...It is also more heavily weighted to group project work....
...Lawrence Stroll’s Aston Martin was valued at more than £1bn in a minority-stake sale to Doc O’Connor’s sports investment group Arctos just last week....
...News round-up KKR raises record $6.4bn for Asia fund in infrastructure rush (FT) Volvo Cars to stop funding Polestar electric sports car business (FT) Vivendi’s Canal+ offers to buy biggest pay-TV group...
...Since then, 34 states and the District of Columbia have legalised the practice, according to the American Gaming Association, a trade group....
...It has interesting assets, such as the Paramount film studio and sports rights on its CBS network....
...A Senate committee is investigating how Saudi Arabia is using “soft power” such as sports investments to extend its influence in the US, and lawmakers assailed the consulting groups for their work in the...
...“TV advertising is falling far short, cord-cutting is continuing to accelerate, sports costs are going up and the movie business is not performing,” he said....
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