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CBS Could See Strong Audience For Arkansas-Kentucky Hoops

Published in SportsBusiness Daily on 02 / 27 / 15

The undefeated Kentucky men’s basketball team tomorrow plays its final regular-season game against a ranked opponent – No. 18 Arkansas – on CBS at 4:00pm ET. UK’s three CBS games to date this season have averaged 2.6 million viewers, with its top CBS audience on Dec. 13 again...

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02/26/15
CDI's '14 Net Income Down 16% From '13

Churchill Downs Inc. "reported lower net income" for '14, but its revenue for the year "was a record," according to Marty Finley of LOUISVILLE BUSINESS FIRST. Net income for the year fell 16% from '13 to $46.4M. Revenue for the year rose 4%, to $812.9M. The racing and gaming company for Q4 "rep ...

Tags: Finance, Churchill Downs Inc., Horse Racing

02/23/15
Carlyle Group Buying PrimeSport From Clearlake

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02/17/15
Puma Misses Q4 Earnings Estimates

Puma's Q4 earnings "missed estimates, adding to investor misery after a slump in the share price last year," according to Aaron Ricadela of BLOOMBERG NEWS. A recovery program being introduced by Puma CEO Bjorn Gulden "has yet to be reflected in the share price," which declined 27% in '14. Gulde ...

Tags: Puma, Finance

02/13/15
WWE Posts Big Revenue Gains In Q4

WWE on Thursday beat "analyst expectations," posting a Q4 revenue gain of 19%, according to Richard Morgan of the N.Y. POST. WWE posted sales of $140.5M, with a "net loss of 2 cents per share, improving on the net loss of 10 cents" in '13 Q4. While the over-the-top WWE Network "did send PPV revenue ...

Tags: Finance, WWE

02/12/15
Stats LLC Acquires Automated Insights

Stats LLC has acquired Automated Insights, a North Carolina-based provider of natural language generation technology. The deal is the second announced acquisition for Stats this week and third overall since being bought itself last year by Vista Equity Partners. Financial terms were not disclosed, b ...

Tags: Finance, Stats LLC

02/05/15
Under Armour Tops $3B In Revenue For First Time

Under Armour topped $3B in annual sales for the "first time" in '14, with its $3.08B in revenue up 32% from '13, according to Sarah Meehan of the BALTIMORE BUSINESS JOURNAL. UA saw a "strong" Q4 in which it posted a profit of $88M, up 37% from $64M in the same period the year before. ...

Tags: Under Armour, Finance

02/04/15
Disney's Cable Division Income Hurt By ESPN

Disney's Q1 revenue rose 9% to $13.391B, while operating income for its cable group was down 2% to $1.255B and the company "partly attributed the decline to higher programming and production costs at ESPN," according to Daniel Miller of the L.A. TIMES. Disney's consumer-products division " ...

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01/28/15
WWE's Stock Shoots Up After OTT Announcement

WWE's stock at presstime today is down 5.6% after it yesterday "shot up" 19.3% following the company's announcement that its OTT network "had enlisted 1 million subscribers," according to Richard Morgan of the N.Y. POST. The milestone was "reached within a year" of WWE Network's launch last Feb ...

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01/21/15
WME-IMG Acquires eSports Agency

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01/14/15
FanDuel Quadruples Revenue Generated

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