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Take It To The Rack...

Published in SportsBusiness Daily on 08 / 19 / 14

Fox Sports has reached a deal with the Continental Tire Las Vegas Invitational and Continental Tire Las Vegas Classic to sell all of the events’ multimedia assets. The deal makes FS1 the home of the two men’s regular-season college basketball tournaments ( Fox Sports ). The Magic anno...

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04/24/98
SPORTSLINE PRICES SECONDARY OFFERING OF 4 MILLION SHARES

SportsLine USA announced that its secondary public offering of four million shares of common stock was priced at $37.625 per share. Of the shares being offered, 2,288,430 shares are being offered by S

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04/24/98
DESPITE INCREASE IN SALES, CALLAWAY'S 1Q EARNINGS DROP

Callaway Golf reported net sales of $176.9M for the first quarter ended March 31, 1998, an increase of 5% over 1Q ''97. However, net income decreased 54% to $11.2M, and diluted earnings per share decr

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04/23/98
DISNEY EARNINGS UP; COMPANY ANNOUNCES 3-FOR-1 STOCK SPLIT

The Walt Disney Co. reported Wednesday that earnings rose 22% in its fiscal 2Q ended March 31 "as theme-park and ESPN operations more than offset lower creative content segment results and film write-

Tags: ESPN, Finance, Walt Disney

04/23/98
REEBOK'S FIRST QUARTER PROFITS FALL 49 PERCENT

Reebok Int''l said Wednesday that its first-quarter profit fell 49% and company officials "predicted another tough quarter ahead with no improvement expected until autumn at the earliest," according t

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04/17/98
SPORTSLINE USA REPORTS RECORD FIRST QUARTER PERFORMANCE

SportsLine USA announced a record revenue and site traffic for the first quarter ended March 31. Revenue increased 359% to $6.79M in the first quarter ''98 from $1.48M during the same period of ''97.

Tags: Finance, General Motors, SportsLine.com

04/09/98
ADVANTAGE BROADENS REACH WITH SAILING GROUP ACQUISITION

Advantage Int''l acquired Sail Sports Int''l (SSI), a sailing event and consulting company. SSI''s portfolio of events and clients includes marketing rights to the 17-event World Match Racing Associat

Tags: Finance

04/07/98
THE EAGLE HAS LANDED AT FAMILY GOLF CENTERS

N.Y.-based Family Golf Centers has agreed to acquire Eagle Qwest Golf Center Inc, the nation''s second-largest owner, operator and manager of driving ranges for shares worth "about" $46.1M, according

Tags: Finance, US West/Qwest

04/07/98
FINANCE NOTES

Paul Allen, who bought 95% of Marcus Cable for $2.78B, said he paid $2,800 per subscriber. Allen: "It''s a great time to come in and find a partner and add some of my ideas to what is in the marketpla

Tags: Finance, R J Reynolds, Sara Lee

04/07/98
OAKLEY GETTING KICKS BY FLEXING ITS MARKETING MUSCLES

Oakley Inc.''s "undiminished aggressiveness has already made it one of the budding turnaround stories of 1998," according to James Sterngold of the N.Y. TIMES. The company''s sunglasses, which receive

Tags: Finance, Nike, Oakley

04/02/98
THE MARQUEE GROUP ACQUIRES U.K. FIRM, STARTS WEB SITE

The Marquee Group announced an agreement to acquire Park Associates, a talent sports management firm in the U.K. Included on Park''s client roster are BBC broadcaster Gary Linekar, former English Rugb

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