Sports Owners Investing In Tech Startups Players' Tribune Gets $40M In Series C Funding Montana Invests In Group Messaging Platform Nike Beats Analysts' Q2 Expectations Nike's Stock Posts Underwhelming Yearly Results Strivr Labs Announces $5M Round Of Funding Sportradar Rolling Out New Accelerator Program VF Corp. Mum On Majestic Sale To UA Could Disney Really Let Go Of ESPN? Nike Files Flurry Of Tech Patent
Team Owners Continue To Invest In Tech Startups With Potential Sports ApplicationsPublished in SportsBusiness Daily on 01 / 20 / 17
Venture capitalist is the "newest job in professional sports," as the ownership groups behind the Mets, Cavaliers and Capitals have "all announced the founding of new venture firms," according to Reed Albergotti of THEINFORMATION.com. Others, such as the Dodgers, " launched incubators for startups ....
Churchill Downs Inc. agreed to purchase Hollywood Park racetrack and casino in CA yesterday for $140M, making the 61-year-old track the "western outpost in the Kentucky Derby host''s growing empire,"
Fila Holdings SpA reported a net loss of $8.7M, or $.32 per share, in the first quarter ending March 31, compared with a net loss of $8.7M, or $.33 per share, in the same quarter a year ago, according
News Corp. reported that fiscal third quarter net income fell 64%, but "managed to slightly exceed" expectations, according to John Lippman of the WALL STREET JOURNAL. An area that "hurt" News Corp. e
Oakley Chair Jim Jannard received no compensation in ''98 -- "no salary, no bonus, not even a single stock option" -- which marks the "second consecutive year he has forgone any pay," according to doc
FL-based JumboSports Inc. informed suppliers yesterday that it will change its name "back to its late founder''s original moniker," Sports and Recreation, according to Aissatou Sidime of the TAMPA TRI
Callaway Golf announced "better-than-expected" first quarter earnings, causing some analysts to believe that the company and entire golf industry are "moving out of the rough," according to Erik Bratt
ALL EARS: The WALL STREET JOURNAL''s Bruce Orwall reports that Walt Disney Co. reported a 41% drop in second- quarter fiscal earnings from a year earlier, citing "slowdowns" in its consumer-products a
Quokka Sports announced plans to go public in an offering "expected to raise" $57.5M, according to the WALL STREET JOURNAL. The company "didn''t specify the number of shares to be offered or a propose
In N.Y., Mike Freeman wrote there "could be a major shake-up in the next few months" at NFLP relating to the "deals it made with Starter," which filed for bankruptcy. The league "could lose millions o
Reebok announced that sales would slip further in ''99, as global and U.S. markets "remain soft," though domestic growth may return by early next year. Reebok CFO Ken Watchmaker: "I expect to see cont