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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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KOC Opposes Unified Korean Team

The South Korean Olympic Committee (KOC) "has scuttled the idea of a joint athletic delegation of South and North Korea for the upcoming Incheon Asian Games, even though neither side has proposed it," according to Nam Hyun-woo of the KOREA TIMES. KOC President Kim Jung-haeng said, "It is ill-timed t ...

Tags: Olympics, Asia

IGF Nervous About Rio 2016 Course

The prospect of golf’s return to the Olympic Games being overshadowed -- or ruined -- by an unprepared venue "refuses to disappear," according to Ewan Murray of the London GUARDIAN. The Int'l Golf Federation "fired a warning at those in charge of the 2016 Games in Rio." Albeit well on the way ...

Tags: Olympics, Brazil

Olympic Notes

South Korea’s national ice hockey team "has been without a coach for nine months, even though it is desperately seeking a ticket to participate in the 2018 Winter Olympics in PyeongChang." The Korea Ice Hockey Association announced that "it will appoint a foreign coach in May." However, "it ha ...

Tags: Olympics

Glasgow Considers Bid For Euro Games

Glasgow "is considering a bid to host Europe's new continent-wide Olympics as it looks beyond this month's Commonwealth Games," according to David Leask of the HERALD SCOTLAND. The city, which has put events at the heart of its tourism strategy, "hopes to follow this summer's showcase with a series ...

Tags: Olympics, United Kingdom

SZS Suspends Officials For Manipulation

Slovenia's ski association "has suspended four officials for manipulating race results to allow famed violinist Vanessa Mae to compete" at the 2014 Sochi Games in February, according to the AFP. The 35-year-old Mae, racing under the name Vanessa Vanakorn, "came last in the Olympic giant slalom." The ...

Tags: Olympics, Europe

Bach: IOC Must Explain Merits Of Games

IOC President Thomas Bach said that the governing body "must do a better job of explaining the merits" of hosting the Olympics to cities considering an application, according to Stephanie Nebehay of REUTERS. Bach, asked about cities losing referendums and others choosing not to bid to host the Games ...

Tags: Olympics

IOC Exec Says World Cup A Good Omen

IOC Exec Dir Gilbert Felli said that the smooth running of the World Cup "has lifted the mood of Brazilians and given them the confidence to overcome delays and deliver the 2016 Olympics in Rio de Janeiro on time," according to the AP. Felli said that the situation "has improved since he was dispatc ...

Tags: Olympics, Europe

Beijing Vows To Host 'Frugal' 2022 Games

Beijing promised a "frugal" Winter Olympics and to "harness the event to clean up the capital's notorious air pollution" if selected as host of the 2022 Games, but the pledges were "greeted with skepticism on Chinese social media," according to Ian Ransom of REUTERS. Beijing Vice Mayor Yang Xiaochao ...

Tags: Asia, Olympics

Olympic Notes

The Indian Olympic Association has "called off its pursuit to bid for the 2019 Asian Games." The IOA officials were "waiting for an appointment with PM Narendra Modi in a last-ditch attempt to get the government's nod to place a serious bid." However, the association "failed to get an audience with ...

Tags: Olympics

Three Cities In Running For '22 Olympics

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Tags: Olympics, Europe

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