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Rolling Stones' Summer Tour Includes Shows At Football, MLB Venues

Published in SportsBusiness Daily on 03 / 31 / 15

The Rolling Stones this morning announced their summer tour dates. The 15 shows include stops at five NFL stadiums, five college football venues, two MLB ballparks and Indianapolis Motor Speedway. The “Zip Code Tour” begins May 24 at Petco Park. DATE ...

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01/21/15
WME-IMG Acquires eSports Agency

WME-IMG has acquired Global eSports Management, an int'l full-service eSports talent agency that manages clients across the pro gaming industry. WME-IMG will now represent eSports players who compete at the highest levels globally. GEM was founded in '13 and reps some of the biggest personalities i ...

Tags: Finance, William Morris Endeavor, IMG

01/14/15
FanDuel Quadruples Revenue Generated

FanDuel said it generated $57.3M in revenue during ’14, more than quadruple the comparable figure for the previous year. The revenue arrived on the backs of $621.7M in player entry fees, similarly about four times the prior year’s take from player entry fees. The aggressive growth, while ...

Tags: Finance

01/13/15
Whistle Sports Closes Latest Round Of Financing

Youth sports programmer Whistle Sports has closed on a $28M Series B round of venture capital financing, representing another major milestone for the fast-growing operation. Connecticut-based Emil Capital Partners led the round, with participation from U.K. outfit Sky Sports and Liberty Global Ventu ...

Tags: Finance

01/07/15
Acushnet Could Go Public By '16

Acushnet Chair & CEO Wally Uihlein "confirmed the hiring of Solebury Capital Group as an adviser for the company’s potential return to public trading," according to Adam Schupak of GOLFWEEK. Massachusetts-based Acushnet, the "parent for Titleist and FootJoy brands," was sold in '11 fr ...

Tags: Finance, FootJoy, Titleist

01/06/15
WPP Invests $250M Into Bruin Sports Capital

Learn more about Bruin Capital Group George Pyne proclaimed that Bruin Sports Capital “is open for business” this morning with an initial investment of $250M, mostly from WPP. The equity secured, plus Bruin’s ability to borrow at least $250M more, gives Pyne’s ...

Tags: Finance

01/05/15
NeuLion Agrees To Buy Streaming Outfit DivX

Digital video outfit NeuLion said today it has signed a definitive agreement to acquire streaming technology outfit DivX in a stock-and-debt deal valued at $62.5M. The purchase combines capabilities in over-the-top and 4K resolution video, and is aimed at further positioning NeuLion toward emerging ...

Tags: Finance, Neulion

12/22/14
Profits To Drop Sharply For MSG Media

The Knicks' losses this season are "piling up off the court," according to Claire Atkinson of the N.Y. POST. Albert Fried & Co. Dir of Research Rich Tullo, in a note to clients, wrote that MSG Media, which owns the team, is "expected to see operating profit decline" by $7.2M this season "due to ...

Tags: New York Knicks, MSG Network, Finance

12/22/14
Chinese Firm Could Buy Infront Media

China-based property firm Dalian Wanda has "emerged as the frontrunner in the auction for Infront Media, the Swiss sports marketing company" run by the nephew of FIFA President Sepp Blatter, according to sources cited by Massoudi, Chassany & Wildau of the FINANCIAL TIMES. Infront "specialises in ...

Tags: Finance

12/19/14
Nike Reports Relatively Strong Q2

Nike on Thursday for Q2 "reported strong sales growth, but a dip in future orders coupled with underwhelming margin expansion tempered the outlook for the world’s biggest sportswear maker," according to Germano & Stynes of the WALL STREET JOURNAL. Orders of Nike apparel and footwear for de ...

Tags: Finance, Nike

11/12/14
TaylorMade CEO Sharpe Talks About His Plan

TaylorMade-adidas Golf CEO Ben Sharpe   spent his first 100 days in office reevaluating the entire business. He is now about to find out if he used his time wisely. The company has begun releasing its first round of new products under Sharpe’s watch, but he has his work cut out for h ...

Tags: Finance, TaylorMade Golf

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