Gametime Closes On $13.3M VC Funding Tribune Media Bullish On MLB Ratings Morgan Stanley Offers Loans To NFL Draftees CBS Quarterly Profits Up, But Revenue Down Puma's Profits Fall 30% In Q1 Disney's Q2 Income Up Despite ESPN Costs Adidas' Net Profits Rise In Q1 Stats LLC Acquires U.K.-Based Prozone Aussie Social Media Company Buys Into BigTeams Callaway Profits Beat Q1 Expectations
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Mobile Ticketing Company Gametime Closes On $13.3M Venture Capital FundingPublished in SportsBusiness Daily on 05 / 14 / 15
S.F.-based mobile ticketing company Gametime has closed on a $13.3M Series A venture capital round, led by Silicon Valley private equity firm Accel Partners and including several prominent sports industry execs. The latest round is inclusive of a $4M funding round of convertible notes Gametime did l...
NJ-based Score Board Inc., "faced with weak sales in a sports-card industry that never fully recovered" from the MLB strike, has filed for Chapter 11 bankruptcy protection, according to Dean Starkman
University Netcasting said that it has closed a new round of private funding in excess of $5M, led by Brentwood Venture Capital and supported by its investor syndicate: Baccharis Capital, iXL Inc. and
adidas and company Chair Robert Louis-Dreyfus are profiled by John Tagliabue in the business section of the N.Y. TIMES, under the piece on Nike''s decreasing third quarter earnings. Tagliabue writes t
Nike yesterday reported revenues and earnings for the company''s third quarter ended February 28, 1998. Third quarter net income totaled $73.1M or $0.25 per share compared to $237.1M, or $0.80 per sha
The Marquee Group announced financial results for the year ended December 31, 1997, its first complete year as a public company. For the year, revenues were $21.3M versus $2.9M for the previous year.
FL-based Outback Sports Ltd. (OSL), a new limited partnership formed by Outback Steakhouses, announced that Scott Letellier and Ross Berlin have joined the company as President and CEO, respectively.
In its first day of trading on the New York Stock Exchange, the price of CART stock "rose more than" 24% yesterday, according to Bill Koenig of INDIANAPOLIS STAR- NEWS. CART issued 4.7 million shares
CART Inc. will begin public trading today under the symbol "OPW" when 4.7 million shares are offered in an IPO. Shares were priced at $16. CART said it plans to use the net proceeds from the IPO, expe
adidas-Salomon AG reported record sales of $3.7B for ''97, and its "first-ever" double-digit earnings per share, according to Reuters. Earnings per share rose from $3.82 to $5.65. The company said tha
IMG and Chase Capital Partners have formed a private equity venture to invest in the sports industry. The new fund, called IMG/Chase Sports Capital and headquartered in New York City, has targeted $20