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Finance

FINANCE NOTES

          News Corp., "showing improved performance across all of
     its businesses except newspapers," reported fiscal fourth-
     quarter net income of $233M, or $.23 per share, compared
     with write-down related losses of $270M posted in the same
     period last year.  Full-year net income more than doubled to
     $1.14B, or $1.17 per share, compared with $561M a year
     earlier, "driven mostly by gains from News Corp.'s 22 TV
     stations and movie performance" (WALL STREET JOURNAL, 8/13).
     ...Zapata Corp. CEO Avram Glazer, whose company has begun
     aggressively purchasing Web sites and hopes to establish its
     ZAP.com as one of the Web's leading portal sites,
     participated in an online chat on the Wall Street Journal
     site on Tuesday.  Glazer, on the types of sites Zapata is
     looking to acquire: "We look for sites that are unique, not
     easily duplicated (anyone can provide news, weather, and
     sports) -- sites with a loyal audience -- and sites that
     would fit well within the ZAP framework" (THE DAILY). 
  

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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