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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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Munich Mash To Replace X Games

Munich "will host the action-sports event 'Munich Mash' in July to replace X Games Munich, which ESPN unexpectedly canceled in November," according to Ralf Tögel of the SÜDDEUTSCHE ZEITUNG. Olympic Park Munich spokesperson Arno Hartung said that the city "will invest around" €1M ...

Tags: Events and Attractions, Europe

Wige Agrees To Cooperation With IEC

German TV production company Wige Media AG "has signed a cooperation with Swedish sports marketing agency IEC in Sports for the worldwide marketing of its complete motorsports portfolio," according to NEW BUSINESS. As part of the long-term agreement, ICE in Sports, which is a subsidiary of French gr ...

Tags: Media, Europe

Champions League Draws On ZDF

German public broadcaster ZDF "attracted more than 6 million viewers to its broadcast of the Champions League game between FC Schalke and Real Madrid," according to Sidney Schering of QUOTENMETER. The game, which started at 8:45pm, was watched by 6.73 million viewers on Wednesday evening. The number ...

Tags: Media, Europe

Foundation Pays $753K In Bonuses

The members of Germany's Sochi Winter Olympics team have received a total of €548,500 ($753,000) in bonuses from the Deutsche Sporthilfe foundation, according to the SID. The German team won a total of 19 medals including eight Gold, six Silver and five Bronze at the Sochi Games. In comparison ...

Tags: Olympics, Europe

DFL Extends Bundesliga Deal In U.K.

DFL Sports Enterprises and British Telecoms have reached an agreement for live coverage of the Bundesliga to remain on BT Sport in the U.K. and Ireland until the end of the '16-17 season. BT Sport will broadcast at least 115 live Bundesliga matches each campaign, which is approximately 15 more than ...

Tags: Media, Europe, United Kingdom

Hamburg Towers To Start Operations

Newly established basketball club Hamburg Towers "will start its operations with the upcoming season," according to the SID. The club said in a statement, "We'll definitely get started in 2014." If the Basketball Bundesliga (BBL) issues a wild card for this year, the Towers "will apply for it." Othe ...

Tags: Franchises, Europe

Gibraltar Confirm New Stadium Plans

Gibraltar has "unveiled plans" for its new national stadium, which it hopes could open in '16, according to SKY SPORTS. Gibraltar currently plays in the Victoria Stadium -- "which does not meet criteria to host full internationals, although some friendlies can and will be played there." Looking to t ...

Tags: Facilities, Europe

Referees In Italy Cost $6.8M A Season

Corriere dello Sport reported that "the cost of paying top-flight referees in Italy" can be around €5M ($6.8M) a season, according to FOOTBALL ITALIA. It is said that the referees earn a combined €4.5M ($6.2M) during the domestic season, though that number surpasses €5M "when compensa ...

Tags: International Football, Europe

UEFA Mulls Making Ref Exchanges Public

Conversations between match officials "could be made public under new proposals being discussed" by UEFA, according to Ben Rumsby of the London TELEGRAPH. UEFA "is exploring whether to allow its broadcast partners access to recordings or transcripts of on-field exchanges between referees and their ...

Tags: Media, Europe

DFL Increases Pressure On VfR Aalen

The German Football League (DFL) "has increased the pressure on 2nd Bundesliga club VfR Aalen to increase the capacity of its stadium," according to the DPA. The club "is allowed to play in the Scholz Arena, which is actually too small, with a special permit this season." However, the DFL "now wants ...

Tags: Facilities, Europe

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