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Brazilian Agency Go4it Invests In Production System Keemotion

Published in SportsBusiness Daily Global on 12 / 07 / 16

Brazilian sports marketing agency Go4it invested in Keemotion, an HD video content and production system that integrates social media. It is the third investment in less than a month by Go4it, which acquired stakes in TAPPP and Greenfly in late November. Keemotion's product is the world's first fu...

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Tags: Finance, Brazil

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São Paulo Settles Part Of Delayed Payments

Brasileiro side São Paulo Finance Dir Osvaldo Vieira de Abreu said that the club "now has the funds to settle three months worth of delayed image rights payments," the first of which were paid on Friday, according to Marcelo Prado of GLOBO ESPORTE. De Abreu: "We already have the amount we nee ...

Tags: Franchises, Brazil

Development Council Holds First Meeting

Seven former coaches of the Brazilian national team along with head coach Dunga and agent Gilmar Rinaldi held the first Strategic Development Brazilian Football Council meeting on Monday to "discuss how to improve football," according to Ronald Lincoln Jr. of ESTADÃO. Participants agreed ...

Tags: International Football, Brazil

Brazil To Build $2M Sports Training Center

Brazilian Sports Minister George Hilton during an event on Saturday "signed a service order for the construction" of the Baixada Sports Initiation Center in Rio Branco, worth R$5M ($1.6M), according to Nathacha Albuquerque of GLOBO ESPORTE. In addition to the local public authorities, Acre Governor& ...

Tags: Facilities, Brazil

Rio Olympic Park Opens Electrical Substation

After 12 months of construction and an initial investment of R$152M from the Brazilian Ministry of Mines & Energy, Rio de Janeiro's Olympic Park will have its own electrical substation to "generate electricity during the event," according to GLOBO ESPORTE. The substation will "ensure the supply ...

Tags: Olympics, Brazil

Rio 2016 Olympic Torch Revealed

The Rio 2016 Olympic torch was unveiled on Friday in Brasília. Its design aims to reflect the meeting of the Olympic flame with the warmth of the Brazilian people. The torch was revealed at an event -- attended by Brazilian President Dilma Rousseff, Rio 2016 Organizing Committee Pre ...

Tags: Olympics, Brazil

Rio Subway At 'High Risk' Of Incompletion

The Rio de Janeiro State Audit Court (TCE) said that there is a "high risk" that a subway line extension for the 2016 Olympics will not be ready in time for the Games, according to Marco Grillo of O GLOBO. The TCE said that there are three "critical points: the excavation of tunnels," construction o ...

Tags: Olympics, Brazil

Palmeiras Ends Pro Basketball Team

Brasileiro club Palmeiras "announced the end of its professional basketball team" because it could not find a new sponsor for next season, according to LANCEPRESS. Meltex, which manages the network of the club's stores, paid around R$2.5M per season as a "partner of the basketball team." After ...

Tags: Marketing and Sponsorship, Brazil

CBF President's Real Estate Assets Increase

Brazilian Football Federation President Marco Polo Del Nero's involvement with the CBF, beginning in '12, coincides with his "unpublished period of economic prosperity," according to Maisonnave & Ribas of FOLHA DE SÃO PAULO. Since March '12, during former CBF President José Maria M ...

Tags: International Football, Brazil

Rio Retakes Guanabara Bay Cleanup

Rio de Janeiro government will, "finally, retake the cleanup of the Guanabara Bay," according to Vinicius Konchinski of UOL. On Wednesday -- 45 days before the last sailing test event for the Olympics -- 10 boats "adapted to collect floating trash will go back to circulating the Olympic competi ...

Tags: Olympics, Brazil

Santos Board Rejects Rodrigues' Accounts

In a unanimous decision, Brasileiro side Santos' board of directors "disapproved club accounts" during former President Odílio Rodrigues' term, according to LANCEPRESS. The members present at the meeting "did not oppose the opinion" of the board, which "recommended the rejection of ...

Tags: Franchises, Brazil

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