Featured Story

Minute Media Closes On $15M Investment Round, Latest Sign Of Company's Growth

Published in SportsBusiness Daily on 02 / 15 / 17

Minute Media, parent company of digital sports outlets 90min and 12up, has closed on a $15M investment round, led by Israeli late-stage venture fund Qumra Capital. The new round, the company’s fourth to date, brings the total investment in Minute Media to $60M. The company has been in a period...

Read More

Tags: Finance

More Stories

04/20/99
STARTER FILES FOR CHAPTER 11; NBAP OWED $15.6M

CT-based Starter Corp. has "announced major layoffs and filed for Chapter 11 bankruptcy protection," according to Wayne Travers of the NEW HAVEN REGISTER. The company''s 20 largest unsecured creditors

Tags: Cablevision, Dallas Cowboys, Finance, Madison Square Garden

04/16/99
STADIA MANIA: ALLEN'S ACTION SPORTS MEDIA ACQUIRES STADIANET

Blazers/Seahawks Owner Paul Allen''s Action Sports Media Inc. (ASM) has signed a letter of intent to acquire StadiaNet Sports, a company specializing in the installation and programming of large-scree

Tags: Finance, NCAA, Seattle Seahawks, Vulcan Ventures

04/15/99
SHOPPING CART: PENSKE TO SELL SHARES, CART TO OFFER MORE

CART co-Founder Roger Penske is selling 700,000 of the 800,000 shares he holds in CART, reducing his ownership stake from 5.3% to "less than" 1%, according to Bill Koenig of the INDIANAPOLIS STAR-NEWS

Tags: Finance

04/14/99
WORKING HARD FOR THEIR MONEY: INDIANS PROXY REVEALS SALARIES

The Indians'' recent proxy filing with the SEC shows that Owner Richard Jacobs earned $467,424 in ''98 as the team''s Chair & CEO, according to the Cleveland PLAIN DEALER. Indians Exec VP & GM John Ha

Tags: Cleveland Indians, Finance

04/13/99
TAYLOR MADE FOR LOSSES? ADIDAS-SALOMON TO REPORT 1Q SALES

adidas-Salomon "expected" a 35-40% fall in its first- quarter pre-tax profit from the same period last year "due to the weak performance of its high-end golf brand and high promotional expenses," acco

Tags: Finance, Washington Nationals

04/13/99
THE CURRENT ROLLER-COASTER RIDE THAT IS GOLF EQUIPMENT SALES

News of Taylor Made reporting a 25% drop in first quarter sales "suggests last year''s slump in the golf equipment industry may be continuing," according to Patrick Harverson of the FINANCIAL TIMES. T

Tags: Finance, Nike, Washington Nationals

04/09/99
ISC REPORTS FIRST-QUARTER REVENUE BOOST HELPED BY DAYTONA

FL-based Int''l Speedway Corp. reported a 29% increase in first-quarter profit, to $25.9M, or $.60 per share, compared with earnings of $20.1M, or $.53 a share, a year earlier, according to a report i

Tags: Finance

04/08/99
LIBERTY'S QUARTER REPORT SHOWS GAINS FOR FOX SPORTS NET

Liberty Media''s annual earnings report shows that the Fox/Liberty Networks joint venture between Liberty Media and News Corp. "turned profitable last year," according to Martin Peers of DAILY VARIETY

Tags: Cablevision, Finance, New York Liberty

04/08/99
NIKE TO RESTRUCTURE RETAIL END AND COULD CUT UP TO 200 JOBS

Nike is "expected to announce next week a reorganization of its apparel and retail operations that could lead to a net loss of as many as 250 jobs," according to Jeff Manning of the Portland OREGONIAN

Tags: Finance, Nike

04/07/99
FOLLOWING AUTHORITY: EXECS BUY UP STOCK IN HOPES OF REBOUND

Execs of The Sports Authority are buying up shares of the company in hopes that it "is poised for a rebound," according to Danielle Sessa of the WALL STREET JOURNAL. First Call/Thomson Financial, whic

Tags: Finance, The Sports Authority

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug