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Universal Sports Signs Deal With National Cable Television Cooperative

Published in SportsBusiness Daily on 09 / 18 / 14

Universal Sports today signed a distribution deal with the National Cable Television Cooperative, a group that represents around 900 small cable operators in carriage deals. Universal Sports previously had deals with NCTC members Google Fiber, Wave Broadband, GCI and Hawaiian Telecom. As part of the...

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02/14/14
Bauer Purchases Easton-Bell Baseball/Softball

Bauer Performance Sports has purchased the baseball and softball business of Easton-Bell Sports for $330M in an all-cash deal. The transaction is slated to close in the next 30-60 days. Bauer will own the Easton brand name as well, but will continue to allow Easton-Bell to use it for its hockey and ...

Tags: Bauer Inc., Easton, Finance

02/04/14
Learfield Sports Acquires Nelligan Sports

Learfield Sports has acquired Nelligan Sports, a deal that will move all of Nelligan’s 41 college properties under the Learfield banner and further consolidate the college sports marketing space. Learfield and Nelligan finalized the deal yesterday after months of negotiations and an announceme ...

Tags: Finance

01/28/14
ISC Q4 Revenue Flat With '12

Despite rain delaying NASCAR’s race at ISC’s Chicagoland Speedway last September, the company posted quarterly revenue flat with a year earlier. ISC reported Q4 revenue of $188.7M, compared to $189.4M for the same period in '12. Ticket revenue for the quarter fell to $37.9M from $40.1M d ...

Tags: Finance, International Speedway Corp.

01/03/14
WME Faces Daunting Task In IMG Acquisition

Skeptics in Hollywood believe WME and Silver Lake "vastly overpaid" for IMG, while some "predict a massive learning curve" for WME co-CEOs Ari Emanuel and Patrick Whitesell as they "grapple with more than a dozen businesses in 30-plus countries," according to Sun & Masters of the HOLLYWOOD REPOR ...

Tags: Finance, IMG, William Morris Endeavor

12/20/13
IMG Acquisition Could Take Up To Six Months

William Morris Endeavor’s acquisition of IMG will take three to six months to complete. During that time, IMG will continue to operate as an independent company. WME co-CEOs Ari Emanuel and Patrick Whitesell are slated to run the business after the deal is completed. They plan to continue to u ...

Tags: IMG, Finance

12/20/13
Nike Q2 Profit Rises 40%

Nike's Q2 profit "jumped 40%, with a surge in Western Europe sales, as well as growth in North America and greater China, helping to drive" results, according to Michael Calia of the WALL STREET JOURNAL. The company for the quarter ended Nov. 30 "reported a profit of $537 million, or 59 cents a shar ...

Tags: Finance, Nike

12/19/13
WME Execs To Meet With IMG College

Sources said that William Morris Endeavor co-CEOs Patrick Whitesell and Ari Emanuel are expected to visit IMG College HQs in Winston-Salem, N.C., today to see the operation and meet further with IMG College President Ben Sutton. The most immediate question facing WME in the aftermath of its $2. ...

Tags: Finance, William Morris Endeavor, IMG

12/19/13
WME CEOs Diving In At IMG

William Morris Endeavor co-CEOs Ari Emanuel and Patrick Whitesell were "spotted making the rounds Wednesday at IMG Models -- as well as at IMG-owned division Art + Commerce, which reps fashion fotogs Steven Meisel and Patrick Demarchelier, among others," according to the N.Y. POST's Page Six ( ...

Tags: Finance, IMG

12/19/13
Industry Leaders Discuss IMG Sale

After the IMG sale to William Morris Endeavor was announced, a number of sports execs talked to Editor-at-Large Terry Lefton about what it means. The following are excerpts, and see our On The Ground blog for more. * Octagon President & CEO Rick Dudley : "The departure of key people is a con ...

Tags: Finance, IMG, William Morris Endeavor

12/18/13
WME, Silver Lake Announce Acquisition Of IMG

William Morris Endeavor and Silver Lake Partners today announced the acquisition of IMG Worldwide from Forstmann Little & Co. Terms of the deal were not disclosed but sources valued the purchase at $2.4B. The deal immediately turns WME into a major player in sports by adding IMG's sports consult ...

Tags: Finance, IMG

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