Featured Story

StubHub's Q3 Revenue Up 5%, Aided By International Growth, Early NHL Sales

Published in SportsBusiness Daily on 10 / 19 / 17

StubHub during its Q3 that ended Sept. 30 generated $275M in revenue, up 5% from the comparable period last year, according to earnings released late yesterday by corporate parent eBay. The company also posted $1.2B in gross sales, up 2%. The eBay earnings report credited StubHub’s internation...

Read More

Tags: Finance, StubHub

More Stories

11/15/99
INDIANS REVENUES ON THE RISE AS DOLAN STEPS TO THE PLATE

Cleveland Indians Baseball Co. "reported increased revenues" of 6%, to $65.3M, for the third quarter ended September 30, despite a "drop in operating income" of 47% to $6.2M, according to Bill Lubinge

Tags: Cleveland Indians, Finance

11/15/99
TOTAL SPORTS RAISES $37M IN NEW FUNDING; INKS DEAL W/NBC

NC-based Total Sports completed a "major funding" deal last week and followed that Friday "by filing papers" for an IPO, according to David Boraks of the CHARLOTTE OBSERVER. The company raised $37M, i

Tags: Finance, NBC

11/10/99
OCTAGON READY TO EXPAND WITH DEAL FOR UK SPORTS PROMOTER

Interpublic Group''s Octagon sports marketing division has made a $194M offer for 29.8% of UK-based motorsport events promoter and leisure events operator Brands Hatch (AD AGE, 11/9). The WALL STREET

Tags: Finance, Interpublic Group of Cos., Octagon

11/10/99
DELISTING ON NYSE LEADS TO TALK OF POSSIBLE CONVERSE SALE

Converse faces "delisting" by the NYSE since it has fallen "below the Big Board''s market value and shareholder equity minimums," according to Greg Gatlin of the BOSTON HERALD. Converse was worth "abo

Tags: Converse, Finance

11/09/99
SPORTAL SIGNS U.S. INVESTMENT FIRM FOR FUNDRAISING EFFORT

Sports Internet group Sportal, which "provides links to and owns the internet rights to a host" of int''l soccer teams, has appointed Morgan Stanley Dean Witter to raise US$48.7M, according to Harvers

Tags: Finance

11/09/99
AIM-ING HIGHER: KLOIBER STARTS SWISS-BASED TV RIGHTS FIRM

Former head of Munich-based Tele-Muenchen Group (TMG) Herbert Kloiber has formed Swiss-based AIM Int''l to sell international TV rights to sporting events. AIM Int''l "holds no sports rights yet," but

Tags: BSkyB, Finance

11/08/99
SPEEDWAY MOTORSPORTS TAKES HIT AFTER EARNINGS ADJUSTMENT

Speedway Motorsports Inc. (SMI) "shocked investors" on Friday by saying it expects to report a loss for the quarter that ended September 30, according to Clifford Glickman of the CHARLOTTE OBSERVER. S

Tags: Finance, IndyCar, NHRA, Speedway Motorsports Inc.

11/05/99
AS FOGDOG FILES FOR IPO, COULD NIKE DEAL HURT WEB RETAILER?

Fogdog filed with the SEC Thursday to sell six million shares in a projected price range of $8-10 per share in its IPO. The company said it will use the net proceeds -- an estimated $48.7M based on $9

Tags: Finance, Nike, Washington Nationals

11/05/99
MAGIC KINGDOM LOSES ITS LUSTER: DISNEY PROFITS DISAPPOINT

Walt Disney Co. posted a 37% drop in fourth-quarter profit Thursday and "cautioned that next year''s per-share profit will be similarly weak," according to Laura Randall of the HOLLYWOOD REPORTER. Dis

Tags: ABC, CBS, ESPN, Finance, Viacom, Walt Disney

11/05/99
FINANCE NOTES

Shares of Nike fell 5% Wednesday after Goldman Sachs "took the company off its U.S. recommended list and lowered it to a rating of market outperform." Goldman Sachs analyst Margaret Mager: "No doubt N

Tags: Finance, Nike, Washington Nationals

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug