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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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02/13/14
Barcelona Delegation Visits Sochi

A four-person delegation from the Barcelona-Pyrenees potential Olympic candidacy traveled to Sochi on Wednesday to "take notes and form conclusions about the Games currently being celebrated," according to J.M. Artells of MUNDO DEPORTIVO. The Spanish ambassadors have "a seven-day agenda full of cont ...

Tags: Olympics, Europe, Russia

02/13/14
Sochi Snow Melts As Temperatures Rise

Olympic organizers "shrugged off the threat of a snow shortage as the sun blazed over the alpine events at the Winter Games" on Wednesday, according to Kevin Eason of the LONDON TIMES. The Sochi 2014 authorities disclosed on Tuesday that they "had to dip into stores of 500,000 cubic metres of snow h ...

Tags: Olympics, Russia

02/12/14
Temperatures Rise In Sochi

Organizers of the Sochi Winter Olympics "have been forced to dip into reserves" of tens of thousands of tons of snow as warm temperatures creep up to the mountainside event venues, according to Kevin Eason of the LONDON TIMES. Snow -- or lack of it -- "has been issue almost since the start of these ...

Tags: Olympics, Russia

02/12/14
Slopestyle Highlights Change In IOC Attitude

The debut of slopestyle snowboarding this year “took the Olympic world by storm, leaving the International Olympic Committee wanting more such changes,” according to Karolos Grohmann of REUTERS. IOC Sports Dir Christophe Dubi said that the event “showed the need to reshuffle the sp ...

Tags: Olympics, Russia

02/12/14
Experts Say Sochi A Cyber War Zone

The U.S. government and security experts warned that foreign visitors to the Winter Olympics in Sochi "are unknowingly wading into a cyber battlefield," according to Hannah Kuchler of the FINANCIAL TIMES. Large int'l events -- packed with diplomats, business leaders and celebrities -- "have become ...

Tags: Olympics, Russia

02/11/14
Omega Takes Crack At Russia

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Tags: Olympics, Russia

02/11/14
Inflated Sochi Contracts

Russian President Vladimir Putin said that the "issue of whether the buildup of Sochi's infrastructure for the 2014 Winter Games was overpriced should and will be determined by the relevant law enforcement authorities," according to RAPSI. The president stated that "a great deal of money has in fact ...

Tags: Olympics, Russia

02/11/14
Volunteers Filling Empty Seats At Olympics

Sochi Winter Olympics organizers "are asking volunteers to fill some of the empty seats at venues during competition," according to Karolos Grohmann of REUTERS. Some 70% of tickets "were sold prior to the event in the Russian Black Sea resort and briefs have also been put on sale at ticket offices i ...

Tags: Olympics, Russia

02/10/14
Sochi Games Open With A Spectacle

The Sochi Games opened with a spectacle of ballet, fireworks and references to greats of Russian culture from Tchaikovsky to Tolstoy. But the ceremony, as visually striking and creative as it was, couldn’t escape the long shadow of politics and controversy cast over these Olympics. The Sochi G ...

Tags: Olympics, Russia

02/10/14
Atos Renews Deal With IOC Through '20

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Tags: Olympics, Russia

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