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StubHub Sees 32% Revenue Growth For Q3, But Warns Of Lower Numbers In Q4Published in SportsBusiness Daily on 10 / 20 / 16
StubHub during its Q3 that ended Sept. 30 generated $263M in revenue, up 32% from the comparable period last year, and $1.1B in gross sales, up 23%, according to earnings released late yesterday by corporate parent eBay. Baseball was credited for the growth at the ticket resale marketplace, along wi...
After it was announced that SFX Entertainment had acquired Hendricks Management Co., Alan Hendricks told Greg Hassell of the HOUSTON CHRONICLE, "To our clients, we are going to be the same Hendricks b
PA-based Global Sports will sell a 30% interest in the company for $80M to Japanese Internet investment company Softbank Corp., according to Andrea Ahles of the PHILADELPHIA INQUIRER. Global will "als
SFX Entertainment announced today that it will acquire Hendricks Management Co., owned and operated by Randy and Alan Hendricks. Hendricks Management''s client list includes more than 50 MLB players c
CA-based online sporting goods store Fogdog Sports is profiled by the WALL STREET JOURNAL''s Andrea Petersen, who writes that the company "is gunning to be the leader" of the "hotly contested" online
Rawlings Sporting Goods hired investment banking firm BancBoston Robertson Stephens to evaluate "strategic financial alternatives," including a "possible sale of the company," according to Joseph Cahi
Orlando Predators Entertainment has entered into a letter of intent to acquire United Sports Ventures, which controls the UHL Quad City Mallards, and the expansion MO River Otters and Rockford (IL) Ic
Global Sports Inc. execs are finding themselves "defending their plan" and strategy to go online with merchandise sales through Global Sports Interactive, according to Bob Fernandez of the PHILADELPHI
The Molson Companies sports and entertainment division, which owns the Canadiens and the Molson Centre, reported yesterday that it had an operating loss of C$3.8M last year, compared with a profit of
Global Sports CEO Michael Rubin appeared on CNBC yesterday to discuss details of the newly formed Global Sports Interactive (GSI), which will handle the e-commerce outsourcing deals with The Athlete''
Shares in Int''l Speedway Corp. were up 2 7/8 yesterday, to close at 52 3/4, after news of its agreement to acquire Penske Motorsports (See THE DAILY, 5/11). Shares in Penske rose 5 3/4, to close at 4