Featured Story

Source: Saudi Arabian Prince Expected To Make "Significant Investment" In Endeavor

Published in SportsBusiness Daily on 01 / 16 / 18

Endeavor, the holding company for WME, PBR, UFC and IMG, is "poised to get a significant investment from Saudi Arabian Crown Prince Muhammed bin Salman," according to a source cited by Donnelly & Waxman of THE WRAP. Bin Salman has been "seeking to open up Saudi Arabia to new forms of indust...

Read More

Tags: Finance, William Morris Endeavor, IMG

More Stories

01/19/00
START-UP LUCY.COM LANDS $28M IN CAPITAL FUNDING

OR-based Lucy.com "will get" $28M from four firms in "one of the biggest rounds of venture capital funding" in OR history, according to Andy Dworkin of the Portland OREGONIAN. Lucy.com CEO & co-Founde

Tags: Finance

01/14/00
STRUGGLING CONVERSE CUTS 10% OF STAFF AT MA OFFICES

In its "latest round of job cuts," MA-based Converse "handed pink slips" to 30 local workers, according to Greg Gatlin of the BOSTON HERALD. Converse spokesperson Mike Bennett, on the cuts: "At this p

Tags: Converse, Finance

01/14/00
NASCAR RELEASES DETAILS ON SIX-YEAR TV DEAL TO BOOST STOCK

Int''l Speedway Corp. (ISC) released figures yesterday showing that NASCAR will receive $244M from TV partners News Corp., NBC and Turner Sports in 2001, "the first year of a six-year," $2.4B contract

Tags: Anheuser Busch, Finance, NASCAR, NBC

01/13/00
ALL-STAR LINEUP FOR SPORTS.COM: MJ, TIGER AND SHAQ PONY UP

Sports.com Ltd., the European subsidiary of SportsLine.com, announced the completion of a second round of funding that raised $52.5M. Michael Jordan, Shaquille O''Neal and Tiger Woods have all investe

Tags: Finance, IMG

01/13/00
MOST INVESTORS FEEL SPORTS WEB SITES STILL A STRONG BUY

With Internet firms "routinely jumping 200% to 300% the day of their IPOs," and with Total Sports and Broadband Sports scheduled to go public "in the next few weeks," the WALL STREET JOURNAL''s David

Tags: Finance

01/12/00
LUCY IN THE SHOP WITH AOL: WOMEN'S SITE INKS PLACEMENT DEAL

Women''s sports apparel site Lucy.com signed a deal with AOL to be "promoted throughout" its Shop@AOL Marketplace, according to a report in AD AGE. The deal also places Lucy.com in AOL''s sports and f

Tags: Finance

01/11/00
AOL ONE TO WATCH IN THE SPORTS BUSINESS AFTER MEGA DEAL

One day after AOL''s stock acquisition of Time Warner, USA TODAY''s David Lieberman writes that the new company, AOL Time Warner, expects to "find limitless ways to develop new Web content and to cros

Tags: Atlanta Braves, Atlanta Hawks, CBS, Finance, Sports Illustrated, Viacom, Walt Disney

01/10/00
HISTORIC MERGER HAS AOL AND TIME WARNER JOINING FORCES

Time Warner and AOL announced a stock-for-stock merger this morning. As part of the deal, AOL Chair Steve Case was named Chair of the merged company called AOL Time Warner Inc., while Time Warner CEO

Tags: Finance

01/05/00
FOGDOG SHARES HOT AFTER STRONG HOLIDAY TRAFFIC

Shares in Fogdog Sports "surged" 57% Monday after investment firm JP Morgan "initiated coverage" of the online sporting goods retailer, according to Debra McGarry of CBS MarketWatch. JP Morgan analyst

Tags: CBS, Finance, Viacom

01/04/00
FRUIT OF THE LOOM LISTENING TO OFFERS FOR PRO PLAYER

As it filed for protection under Chapter 11 of the U.S. Bankruptcy Code last week, Fruit of the Loom acknowledged that its NH-based Pro Player sports licensing subsidiary is for sale, according to a r

Tags: Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug