Featured Story

Millenial Esports Invests €2.5M Into French Esports Media Company O'Gaming

Published in SportsBusiness Daily Global on 07 / 27 / 17

French esports media service O'Gaming announced an injection of €2.5M ($2.9M) from Toronto-based Millenial Esports Corp. to expand its offering, according to Paul Arrivé of L'ÉQUIPE. O'Gaming, owned by Alt Tab Productions, announced the agreement on Tuesday in a statement tha...

Read More

Tags: Finance, Europe

More Stories

11/23/16
Go4it Announces Pair Of Investments

Brazilian sports marketing agency Go4it, which was founded in Oct. '15 , announced that it invested in int'l sports tech companies TAPPP and Greenfly. "We identified these two companies as exciting projects," Go4it co-Founder Cesar Villares said. "We feel that these two companies will help us ...

Tags: Finance, Brazil

11/23/16
Sky's Share Price Dips To Four-Year Low

Sky's share price "slid to a four-year low as concerns grew that a waning appetite for live sport" will hit subscription sales, according to Bryce Elder of the FINANCIAL TIMES. Data from Broadcasters' Audience Research Board showed audiences for EPL football "have continued to shrink, with view ...

Tags: Finance, United Kingdom

11/22/16
Chinese Corporations Target Global Football

Chinese video streaming service PPTV will pay $700M for the right to broadcast English Premier League football in China, according to Simon Chadwick of the SOUTH CHINA MORNING POST. Yet it is PPTV's part-owner, the Suning Commerce Group that is "of particular interest, both for the way in which it h ...

Tags: Asia, Finance

11/22/16
Infront Acquires SELLA Communication

Infront Sports & Media completed a 100% acquisition of the Sella Communication Group and its subsidiaries, which hold strong links to the sports of handball and rugby across France. The acquisition strengthens Infront's position in the French hospitality market and fortifies the existing handbal ...

Tags: Europe, Finance

11/21/16
Ladies Scottish Open Triples Its Prize Purse

Scottish golf has received "a second prize-money boost in four days," raising the combined purses in the men’s and women’s national Opens next year to £6.8M ($8.4M) -- an increase of just under £3M ($3.7M), according to Martin Dempster of the SCOTSMAN. Hot "on the heels of" t ...

Tags: Finance, Europe

11/21/16
McLaren Shareholders Have Rejected Bids

McLaren CEO Mike Flewitt said that shareholders in the company's Formula One team and luxury sports car sister organization are "committed to both businesses and have turned down bids from prospective buyers," according to Costas Pitas of REUTERS. Ron Dennis, who headed the McLaren Technology Group ...

Tags: Europe, Finance

11/21/16
EPL Clubs Face Reckoning, Study Finds

The Premier League’s biggest clubs face a reckoning as the "illusion" of wealth created by "steep rises" in TV rights fees meets "economic reality," an analysis of football’s thirst for cash indicated, according to Christopher Williams of the London TELEGRAPH. Seven of England&rsquo ...

Tags: Finance, United Kingdom

11/21/16
HMRC Seeking Unpaid Taxes

The "hardline decision" by U.K. tax authority HMRC to "issue huge tax demands" to hundreds of wealthy investors, including former ManU Manager Alex Ferguson, in the Eclipse film partnerships "marks the culmination of a four-year campaign against such avoidance schemes," according to Alexi Mostrous o ...

Tags: Finance, United Kingdom

11/18/16
Heart Of Midlothian Is Now Debt Free

Scottish Premiership Side Heart of Midlothian is "now debt free" and made a profit of £623,000 ($773,700) for the year ending June '16 after releasing its annual accounts, according to the Scotland DAILY RECORD. The results follow a third-place finish in its "maiden campaign" back in the Premi ...

Tags: Europe, Finance

11/18/16
BLK's Parent Goes Into Administration

Australian sports apparel company BLK, which supplies kits to National Rugby League side Gold Coast Titans, Australian Football League sides Brisbane Lions and Gold Coast Suns and a "host of other sporting clubs, has gone into administration," according to Hamilton, Badel & Walsh of the Bri ...

Tags: Australia, Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug