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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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03/06/14
Event Notes

Hong Kong has bid to host the 2018 Rugby World Cup Sevens in a move described as an "insurance policy" by Hong Kong Rugby Football Union Chair Trevor Gregory. The Hong Kong Rugby Football Union "had previously stated it would not bid for the 2018 edition as it could not host two major sevens tournam ...

Tags: Events and Attractions

03/05/14
Ecclestone Lining Up Azerbaijan F1 Race

F1 CEO Bernie Ecclestone is lining up a Grand Prix in the capital of Azerbaijan as F1’s "move into turbulent new territory in the Black Sea region starts to look troubled," according to Kevin Eason of the LONDON TIMES. City officials in Baku have "put F1 on their list of must-have sporting eve ...

Tags: Events and Attractions, Middle East

03/05/14
F1 Driver Vettel Predicts Red Bull Debacle

Red Bull driver Sebastian Vettel, a four-time F1 world champion, "predicts a debacle for Red Bull unless they improve their car before the season opens at the Australian Grand Prix in two weeks," according to the AFP. Vettel: "First of all, just getting to the finish would be a success. If half the ...

Tags: Australia, Events and Attractions

03/05/14
NZ Considering World Cup Sevens Bid

New Zealand Rugby is "considering a bid to host the next World Cup Sevens tournament," according to Duncan Johnstone of FAIRFAX NZ NEWS. New Zealand is one of 12 countries that have "expressed an interest in hosting the 2018 tournament." NZ has to "file a formal submission by early December and the ...

Tags: Events and Attractions, Australia

03/05/14
NRL, A-League To Clash Saturday Night

The "biggest opening round of rugby league in Sydney in two decades will go head-to-head against the A-League's expected sell-out cross-town derby on Saturday night," according to Michael Chammas of the SYDNEY MORNING HERALD. For the first time in the National Rugby League's history, seven games hav ...

Tags: Australia, Events and Attractions

03/04/14
World Championships Cycling Eyes Venue

Int'l Cycling Union (UCI) President Brian Cookson has insisted that "the uncertainty surrounding the 2015 Track Cycling World Championships will be resolved soon," according to the PA. The calendar for the '14-15 Track World Cup series "is still to be revealed," and the venue for next year's world c ...

Tags: Events and Attractions, United Kingdom

03/04/14
Football, F1 Schedules Clash In Melbourne

Any chance A-League side Melbourne Heart might have of "capitalising on its barnstorming run by drawing a big crowd to its next home match has been stymied" by Football Federation Australia scheduling that "pits the club against one of the biggest sports events of the year" -- the F1 Grand Prix in M ...

Tags: Events and Attractions, Australia

03/04/14
Event Notes

Football Federation Australia was "pleased that one of Australia's traditional sporting rivals, South Africa, will be the guests at the Socceroos' World Cup farewell match" at ANZ Stadium on May 26. Despite negotiations with a number of European nations, the FFA "couldn't lure a candidate from the c ...

Tags: Events and Attractions

03/03/14
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

03/03/14
Brazil Stadium Delays Creating Problems

FIFA Secretary General Jerome Valcke said on Saturday that FIFA has been "left with a huge challenge following Brazilian delays in building stadiums for the 2014 World Cup," according to Brian Homewood of REUTERS. Valcke said, "We are working in conditions where the cement is not even dry. ... The b ...

Tags: Events and Attractions, Brazil

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