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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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Li-Ning To Sponsor King Of The Rock

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Tags: Marketing and Sponsorship, North America

Anschutz Buys Arena In Germany

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Tags: Facilities, Europe, North America

Athletes Get Four-Hour Ride On Lost Bus

Scores of Olympic athletes and officials, who began arriving in London Monday, found themselves enduring four-hour bus rides as "untrained bus drivers" transporting them from Heathrow Airport to the Olympic Park in Stratford got lost, according to Jacquelin Magnay of the London TELEGRAPH. Two buses ...

Tags: Olympics, United Kingdom, North America, Australia

N. American Clubs Could Enter Libertadores

The possibility of North American football clubs entering future Copa Libertadores competitions was one of the main topics when tournament organizer South American Football Confederation (CONMEBOL) hosted the president of the Confederation of North, Central American and Caribbean Association Footbal ...

Tags: Leagues and Governing Bodies, North America, South America

Nike Looks To Overturn Tweet Ban

Nike is seeking "an independent review" of the Advertising Standards Authority's decision to ban tweets by its brand ambassadors -- footballers Wayne Rooney and Jack Wilshere -- for "breaching advertising rules," according to Daniel Farey-Jones of MARKETING MAGAZINE. Nike became "the first U.K. comp ...

Tags: Marketing and Sponsorship, United Kingdom, North America, Nike

Montreal's TSN Radio To Become French

Montreal's TSN Radio 990 was "venting its frustration" Tuesday after parent company Bell announced plans "to transform it to a French-language sports station," according to Jason Magder of the Montreal GAZETTE. Bell Media said that "it intends to change" TSN 990 to RDS 990, the radio equivalent of t ...

Tags: Media, North America, Europe

USOC Launches Green Program

The USOC announced Monday that it will launch a sustainability program called the "The Green Ring" that will see it work with its corporate partners to adopt environmentally-friendly practices. The most significant initiative of the new program is the result of a partnership with BP that will see th ...

Tags: Olympics, USOC, North America

Coca-Cola Could Sponsor F1 Team

Coca-Cola could "become the new title sponsor" of the McLaren F1 team if current title sponsor Vodafone backs out of its sponsorship deal, according to Sylt & Reid of MOTORSPORT-TOTAL.com. The telecommunications company Vodafone "reportedly invests" £48M ($75M) annually to be the team's ti ...

Tags: Marketing and Sponsorship, Europe, North America, United Kingdom, Coca-Cola

Beckham Suspended For Match Behavior

Major League Soccer L.A. Galaxy forward David Beckham has been suspended one game and fined an undisclosed amount by the MLS Disciplinary Committee for his “confrontational and provocative behavior” during and after the team’s 4-3 loss at San Jose, Calif. on Saturday, according to ...

Tags: International Football, North America

ManU's IPO Could Ease Club's Debt

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Tags: Finance, Europe, North America

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