Featured Story

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...

Read More

Tags: Media, SEC, Wasserman Media Group, ING, ACC, GE, CES, GMAC, South America, Europe

More Stories

07/22/13
Coe Wants 4-Year Ban For Drug Cheats

British Olympic Association Chair Sebastian Coe "wants the ban for athletes failing drugs tests to be increased from two to four years," according to Mike Collett of REUTERS. Coe said, "We have to go back from two years to four years. The move down to two did a lot of damage to my sport. It is for t ...

Tags: Olympics, United Kingdom

07/22/13
Report: Olympics Boosted U.K. Economy

U.K. Trade & Investment officials estimate that the London Olympics provided a £9.9B ($15B) "boost to business in the year since they were held," according to Thomas Penny of BLOOMBERG. The government’s trade-promotion agency said in a report that the benefit might rise to £41B ...

Tags: Olympics, United Kingdom

07/22/13
Blanco Pitching Madrid 2020 In Barcelona

Spanish Olympic Committee (COE) President Alejandro Blanco "is fighting to speak with IOC members in Barcelona" for the Int'l Swimming Federation's (FINA) World Championships, according to Matilla & Jiménez of AS. As of Sunday, four members of the IOC had visited this year's World Champio ...

Tags: Olympics, Europe

07/19/13
Olympics Deal Worth $15B To London

Ministers kicked off a series of events to mark the anniversary of the 2012 London Olympics "by claiming the U.K. economy has benefited" from £9.9B ($15B) in deals and investment linked to hosting the Games, according to Roger Blitz of the FINANCIAL TIMES. The figure is made up of £5.9B ...

Tags: Olympics

07/19/13
Kazan Mayor To Hold Opinion Poll On Olympics Bid

Mayor Ilsur Metshin of Kazan, the Russian city hosting the World University Games, "vowed Wednesday to hold a city-wide opinion poll on whether a bid should be made for the 2024 Olympics," according to R-SPORT. The idea was put forward by Russian Olympic Committee President Alexander Zhuko ...

Tags: Olympics, Russia

07/18/13
Madrid 2020 Could Generate 300K Jobs

The Madrid 2020 Olympic bid, the city's third consecutive attempt to host an Olympic Games, "has faced opposition from those that think the country's current economic crisis is not the best scenario for hosting the Games," according to Matilla & Jiménez of AS. Because of this, candidacy m ...

Tags: Olympics, Europe

07/17/13
Russia Issues Search Warrant For Official

The Russian Interior Ministry said that it is preparing a search warrant for the former deputy head of a construction company "suspected in funds embezzlement during works on Winter Olympics venues in Sochi," according to XINHUA. The ministry's press service said, "The ministry's Investigative Depar ...

Tags: Olympics, Russia

07/17/13
Greece To Pay $53M For Olympics Security

Greece will have to pay the U.S.-based company that supplied it with a security system for the 2004 Athens Olympics €40M ($52.6M) after losing an arbitration process, according to EKATHIMERINI. The Int'l Chamber of Commerce issued a judgment "that rejected Greece’s claim it never official ...

Tags: Olympics, Europe

07/17/13
Madrid 2020 Bid Plans Representation

The Madrid 2020 Olympic bid has already made preparations for its landing in Argentina -- 24 Spanish athletes will represent the candidacy for the announcement of the winner in Buenos Aires on Sept. 7, according to Matilla & Jiménez of AS. The objective will be to "represent many discipli ...

Tags: Europe, Olympics

07/12/13
Turkish Officials: Doping Battle Beneficial

Turkey's Olympic committee insists "a spate of doping busts in the country will help rather than hinder their chances of hosting the 2020 Games," according to the AAP. Turkey Olympic Committee Head Ugur Erdener said, "The increase in the number of doping cases ... shows that Turkey is fighting dopin ...

Tags: Olympics, Middle East

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug