Menu
Facilities

Acquisitions and startups that took Comcast-Spectacor beyond Philadelphia

COMCAST-SPECTACOR expanded from its Philadelphia base through a string of acquisitions and startups

2000

Spectrum logo
■ Forms Global Spectrum after acquiring Globe Facility Services, a facility management firm with five accounts. Globe’s co-founder, Mich Sauers, knew Ed Snider and Peter Luukko from his days working at the Spectrum and at SMG.

Ovations
■ Forms its food and retail division by buying a share of Leisure and Recreation Consultants, a minor league baseball concessionaire, and three Maryland minor league baseball clubs and their concessionaire, Excel Food Services (it sold the ballclubs in 2006). The new venture is renamed Ovations Food Services and led by LRC’s Ken Young. Excel’s business alone adds $5 million in annual sales to Ovations’ balance sheet, doubling its revenue.

2001

logo
■ Adds Front Row Marketing Services, which sells sponsorships and premium seats for sports facilities. Front Row and Global Spectrum predecessor Globe Facility Services had some of the same investors and worked in the same buildings, says Front Row founder and President Dick Sherwood.

logo
2003
Breaks into ticketing, forming New Era Tickets, a firm headed by Fred Maglione, the Sixers’ former director of sales and marketing. Also buys a piece of Paciolan, of which it gained full ownership in 2010.

2006

FanOne
■ Forms FanOne Marketing, a CRM database manager and part of New Era Tickets, in 2006. FanOne has deals with six Ticketmaster clients, including the New Jersey Nets (right) and Los Angeles Kings, the NHL team owned by AEG’s Phil Anschutz.

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Journal/Issues/2011/03/07/Facilities/Comcast-timeline.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Journal/Issues/2011/03/07/Facilities/Comcast-timeline.aspx

CLOSE