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Massive AT&T-Time Warner Deal Expected To Vastly Reshape Media Landscape

Published in SportsBusiness Daily on 10 / 24 / 16

Time Warner Chair & CEO Jeff Bewkes over the weekend agreed to sell the company to AT&T for $85B in a deal that, if approved by regulators, will "vastly reshape the media and telecommunications world -- and ultimately the way Americans will consume and pay" for TV, according to Andrew Ross S...

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Tags: ATT, Finance

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Tags: Finance, ESPN

Warriors Ownership Invests In Apparel Brand

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Tags: Finance

Wilpon Invests In E-Sports Company Skillz

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Tags: Finance

Disney's Iger Bullish On ESPN

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Tags: Finance, ESPN

Adidas Q3 Profits Up 10%

adidas today "raised its full-year guidance" after Q3 net profit "rose 10% on strong demand" for its Reebok and namesake brands, according to Ellen Emmerentze Jervell of the WALL STREET JOURNAL. The company "reported net profit" of $339M in Q3, up from $307M in the same period last year. Strong sale ...

Tags: Finance, Adidas

Leonsis, Cuban, Jordan Reach Deal With Sportradar

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Tags: Finance

Jury Rules Against GSP In KPMG Lawsuit

A New York jury last week ruled against sports investment bank Galatioto Sports Partners (GSP) in its $37M lawsuit against KPMG. A source said GSP plans to appeal. The New York State Supreme Court case stemmed from an audit KPMG did for the defunct Hicks Sports Group, which GSP relied on to len ...

Tags: Finance

Callaway Raises Full-Year Earnings Forecast

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Tags: Finance, Callaway Golf

Nike Projects $50B In Revenue By '20

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Tags: Finance, Nike

Daytona Rising Dents ISC Q3 Revenue

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Tags: Finance, International Speedway Corp.

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