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Wasserman Media Secures $100M Investment From Madrone Capital Partners

Published in SportsBusiness Daily Global on 09 / 16 / 14

Wasserman Media Group has received a $100M "investment from Silicon Valley-based Madrone Capital Partners," an investment group funded by the Wal-Mart-founding Walton family, according to Tripp Mickle of SPORTSBUSINESS JOURNAL. The investment is "the second that Wasserman Media Group has taken since...

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Tags: Media, SEC, Wasserman Media Group, ING, ACC, GE, CES, GMAC, South America, Europe

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07/11/14
Jagger And The World Cup Curse

MICK JAGGER "has become something of a footballing curse," according to Ben Beaumont-Thomas of the London GUARDIAN. After witnessing Germany's 7-1 "thrashing" of Brazil earlier this week, the Rolling Stones' singer "has now been forced to defend himself against angry tirades on social media." Afte ...

Tags: People and Pop Culture, Brazil

07/11/14
Adidas Tops Nike In World Cup Final

With adidas sponsoring both teams in Sunday's World Cup final, it "has declared victory over U.S. rival Nike," according to Emma Thomasson of REUTERS. The two companies "dominate" a football kit industry worth more than $5B a year, sharing more than 80% of the market for many products. Adidas will b ...

Tags: Marketing and Sponsorship, Brazil

07/11/14
Disney, Among Others, Score Big

As the World Cup "hurtles toward its conclusion, the cash registers are starting to ring louder," according to Eric Volkman of DAILY FINANCE. And its economy "is massive." The World Cup's business ecosystem "also includes a host of prominent companies." Among them is Disney. Football "isn't a sport ...

Tags: International Football, Brazil

07/10/14
German, Brazil Media Reactions Vary

German media "savored" the national team's 7-1 semifinal victory over World Cup hosts Brazil on Wednesday, describing the rout "as a sensation and a miracle and -- even though the final is yet to come -- its players as immortal," according to Madeline Chambers of REUTERS. Top-selling Bild "devoted s ...

Tags: International Football, Europe, Brazil

07/10/14
Germany's Win Sets Twitter Record

Germany's 7-1 win over Brazil in the World Cup on Tuesday "was also a big deal on Twitter," according to Stuart Dredge of the London GUARDIAN. The social network said that the match "became its most discussed sports game ever," with 35.6 million tweets. It "easily beat the previous record" of 24.9 m ...

Tags: Media, Europe, Brazil

07/10/14
Buses Burned Following Brazil's Defeat

Brazilian police "were on high alert" following Brazil's exit from the World Cup, according to Paul Collins of the London DAILY MAIL. While the "wide spread rioting that was feared did not happen, there were some reports of trouble in and around the stadium after the game and in other cities across ...

Tags: International Football, Brazil

07/10/14
Internet Buzzing After Semifinal Game

The Internet and social media sites were buzzing after Germany's "shocking" 7-1 semifinal victory over World Cup host Brazil on Tuesday. Users from across the globe took to the Internet to share their opinions and thoughts on the match. BUZZFEED created the following compilation of tweets posted in ...

Tags: International Football, Brazil

07/09/14
Match Hospitality Defends CEO Whelan

FIFA partner firm Match Hospitality "has defended" CEO Ray Whelan "after his arrest by Brazilian police investigating the illegal sale of World Cup tickets," according to the BBC. Match said in a statement it expected Whelan to be "exonerated." Whelan "was arrested in Rio de Janeiro on Monday." He " ...

Tags: International Football, Brazil, United Kingdom

07/08/14
Match Exec Arrest In Brazil Ticket Bust

Police in Rio de Janeiro on Monday arrested Swiss hospitality and ticketing company Match Services CEO Ray Whelan "in connection with an ongoing investigation over VIP ticket scalping at the World Cup," according to Brian Homewood of REUTERS. Whelan "was arrested at the city's beachfront Copacabana ...

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07/08/14
Not Much Football Left In Brasilia

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