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Published in SportsBusiness Daily on 11 / 25 / 14

Mavericks Owner Mark Cuban will appear in an one-on-one interview on HBO's "Real Sports" at 9:00pm ET.

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08/08/13
Time Warner's Q2 TV Revenues Rise

Time Warner reported Q2 results yesterday, and the company's TV network revenue rose 6.8% to $3.84B, "boosted by an 11% increase in ad revenue," while operating profit rose 31% to $1.27B, according to Sharma & Chaudhuri of the WALL STREET JOURNAL. TNT "benefited from strong viewership of the NBA ...

Tags: Finance, Time Warner

08/07/13
ESPN Boosts Disney's Q3 Earnings

Disney reported its Q3 results yesterday, and while marketing costs for the film "The Long Ranger" "held back quarterly profits at the company," higher advertising fees at ESPN "helped lift earnings above analyst expectations," according to Matthew Garrahan of the FINANCIAL TIMES. Higher affiliate f ...

Tags: Finance, ESPN

07/31/13
SMI Sees Revenue Decline During Q2

Rain during NASCAR weekends in Sonoma and Charlotte combined with the weak economy triggered a decrease in ticket sales and a decline in Q2 revenue at Speedway Motorsports Inc. Revenue fell to $176.8M, a 2.3% decrease from the same period last year. Most of the decrease stemmed from diminishing tick ...

Tags: Finance, Speedway Motorsports Inc.

07/31/13
Better Stock Buy: Nike Or UA?

If you "simply evaluated" Nike and Under Armour based on the recent quarterly results and future growth opportunity, the conclusion of which is currently a better stock buy "is a very easy answer: It's Under Armour," according to CNBC's Jim Cramer. UA reported "incredible results" as gross ...

Tags: Finance, Nike, Under Armour

07/30/13
Anschutz Invests In PlayerLync

AEG Chair Phil Anschutz is "throwing his financial muscle behind technology startup PlayerLync, maker of iPad playbooks" for the Broncos and 15 other NFL teams, according to Andy Vuong of the DENVER POST. Anschutz' investment will allow Englewood, Co.-based PlayerLync to "expand its software platfor ...

Tags: AEG, Finance

07/26/13
Under Armour Sees 20% Revenue Growth

Under Armour shares "spiked 12.2 percent on Thursday after the company announced a 13th quarter in a row of more than 20 percent revenue growth," according to Chris Korman of the Baltimore SUN. UA earned $17.6M in "the April-to-June quarter, 163 percent more than" its $6.7M profit in the same quarte ...

Tags: Finance, Under Armour

06/28/13
Nike's Q4 Profits Up 22%

Nike's fiscal Q4 profit jumped 22%, "boosted by higher sales of shoes and apparel, while gross margins expanded for the second consecutive quarter," according to John Kell of the WALL STREET JOURNAL. Nike also "forecast growth" for the Q1 and full year that "met Wall Street's expectations, but warne ...

Tags: Finance, Nike

06/14/13
Shamrock Looking To Sell Stake Of Learfield

Shamrock Capital Advisors, an L.A.-based private equity firm that owns the majority of Learfield, is looking to flip the college sports media and marketing agency. Shamrock acquired close to 80% of Learfield for $80M in December '11 and has begun the process of selling it after nearly 19 months of o ...

Tags: Finance

06/12/13
Learfield Sports Reportedly Up For Sale

Learfield Sports is “putting itself up for sale,” according to Josh Kosman of the N.Y. POST. Sources said that Learfield is working with N.Y.-based investment bank Moelis & Co. and is "just kicking off its sale process.” A source said that the company is “seeking a 10 tim ...

Tags: Finance

05/17/13
Van Wagner Sports Invests In CineSport

Marketing and sales outfit Van Wagner Sports & Entertainment has made a low seven-figure, minority equity investment in CineSport, a New Jersey-based online sports video company. CineSport, founded and run by former NBA exec Gregg Winik, provides video content to many local and national news org ...

Tags: Finance

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