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WME Outlines Plans To Cut $151M In Costs Out Of IMG After Acquisition Deal Closes

04 / 14 / 14

INSIDE IMG: THE FINANCIALS Revenue By Division Year College Media & Entertainment Sports Total 2011 $331 ...

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Tags: William Morris Endeavor, IMG, Finance

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01/12/98
TOPPS HITS BOTTOM? CARD COMPANY REPORTS QUARTER LOSS

Topps Co. reported a net loss for the third quarter, ended November 29, of $8.5M, or $0.18 a share, compared with a net loss of $18.5M, or $0.39 per share, a year-earlier. For the nine months ended No

Tags: Finance

01/12/98
SPORTSLINE USA REPORTS RECORDS IN WEB TRAFFIC AND 4Q REVENUE

SportsLine USA announced record revenue and site traffic for the fourth quarter ended December 31, ''97. Quarterly revenue increased to $4.4M, up 250% from the $1.3M in ''96''s same quarter. Traffic o

Tags: Finance

01/09/98
SPORTSLINE A NASDAQ MOVER AS IT KEEPS ITS EYE ON THE BALL

Shares in SportsLine USA "jumped" 26% on Thursday, closing at $17.125, following a "favorable recommendation from a Wall Street analyst," according to Thomas Granahan of the DOW JONES NEWS SERVICE. Ba

Tags: CBS, Finance, NCAA, Viacom

01/07/98
RAWLINGS REPORTS CONSECUTIVE YEAR-END LOSSES

MO-based Rawlings Sporting Goods lost $663,000 in the quarter that ended November 30, compared with a loss of $58,000 in the same period a year ago, according to the ST. LOUIS POST-DISPATCH. The loss,

Tags: Finance

01/06/98
FINANCE NOTES

Russell Corp. "warned fourth-quarter earnings may fall 50 percent to 60 percent from a year ago on sluggish holiday and fall sales" (N.Y. DAILY NEWS, 12/31)....Atop Dow Jones'' list of the industry''s

Tags: Finance

01/06/98
SARA LEE SELLS OFF TEXTILE OPERATION TO FOCUS ON MARKETING

IL-based Sara Lee will "sell the bulk of its US yarn and textile operations to privately-owned National Textiles," according to Nikki Tait of the FINANCIAL TIMES. The sale would cover nine of Sara Lee

Tags: Finance, Sara Lee

01/06/98
BRANDWEEK REPORTS SUITORS LINE UP FOR HOST COMMUNICATIONS

Fox, ESPN and CBS have "all expressed interest recently in buying part or all" of Host Communications, the sports marketing agency which handles NCAA corporate sponsorships, according to "reliable sou

Tags: CBS, ESPN, Finance, NCAA, News Corp./Fox, Viacom, Walt Disney

01/05/98
DREAM OF OWNING A PART OF CART? WITH IPO, NOW YOU CAN

CART has filed a registration statement with the SEC to sell 4,573,000 shares of common stock in an IPO. The company intends to use proceeds from the offering, to be underwritten by Jefferies & Compan

Tags: Champ Car World Series, Finance

12/19/97
NIKE SEES 20% DECREASE IN EARNINGS FOR SECOND QUARTER

Nike yesterday reported a net income for the 2Q ended November 30 of $141M, or $.48/share, compared to $176.9M, or $.60/share a year ago. Revenues increased 7% to $2.26B from $2.11B last year. In the

Tags: Finance, Nike

12/18/97
BANKBOSTON PLOTS GAME PLAN TO INCREASE ITS SPORTS BUSINESS

BankBoston, in an effort to participate more actively in the business of sports finance, yesterday announced a partnership in which it will invest and hold a minority interest in Boston-based sports c

Tags: Dallas Stars, Finance, New England Patriots, Philadelphia Eagles, Pittsburgh Penguins, Southwest Sports Group

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