General Sports

Diamond Sports Group and DIRECTV Announce Multi-Year Distribution Agreement

Retrieved on: 
Wednesday, May 1, 2024

Under the agreement, DIRECTV and DIRECTV STREAM customers who select a CHOICETM, ULTIMATE or PREMIER package will maintain access to live, local MLB, NBA and NHL games and team related content featured on Diamond’s several RSN channels.

Key Points: 
  • Under the agreement, DIRECTV and DIRECTV STREAM customers who select a CHOICETM, ULTIMATE or PREMIER package will maintain access to live, local MLB, NBA and NHL games and team related content featured on Diamond’s several RSN channels.
  • Additionally, these customers will soon be able to stream Diamond’s RSN content by authenticating with their DIRECTV subscription credentials on the Bally Sports app.
  • This is a significant development for Diamond, and we highly value the relationship we have built with DIRECTV and their customers over the course of many years.
  • We want to ensure our customers receive more flexibility, choice and value, and this agreement provides them with those capabilities.

Statement From Fubo Regarding Warner Bros. Discovery

Retrieved on: 
Tuesday, April 30, 2024

FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, issued the following statement today:

Key Points: 
  • FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, issued the following statement today:
    Fubo has attempted to renew with Warner Brothers Discovery our Discovery content agreement for its networks including Discovery, HGTV, Food Network and TLC, among others, and to obtain license rights for its Turner sports networks TNT, TBS and truTV.
  • Fubo offered Warner Brothers Discovery market rates for its content and, despite Fubo’s efforts to negotiate in good faith, Warner Brothers Discovery did not provide any counteroffer, and insisted on continuing to offer us above-market rates for its content.
  • Fubo views Warner Brothers Discovery's refusal to engage in good faith negotiations as another example of its abuse of massive market power that ultimately limits consumer choice.
  • Discovery networks have left Fubo as of April 30, 2024 at 5pm ET.

EP Wealth Advisors Adds Two-Person Team with Sports Focus

Retrieved on: 
Tuesday, April 30, 2024

EP Wealth Advisors , a leading independent registered investment adviser (“RIA”) with an expanding national presence and client base, has added Joe Palumbo and Adam Fein as Senior Vice Presidents.

Key Points: 
  • EP Wealth Advisors , a leading independent registered investment adviser (“RIA”) with an expanding national presence and client base, has added Joe Palumbo and Adam Fein as Senior Vice Presidents.
  • Palumbo and Fein join EP from RBC Wealth Management, where they served as Vice President and Senior Financial Associate, respectively, in the Sports and Entertainment Practice Group.
  • EP advisors across the country serve a number of athletes, including PGA and NHL professionals.
  • “Joe and Adam share our vision of enriching lives by understanding and addressing the unique needs of athletes and other high-net-worth individuals,” said Ryan Parker, CEO of EP Wealth Advisors.

Diamond Sports Group Reaches Multi-Year Distribution Agreement With Cox

Retrieved on: 
Tuesday, April 30, 2024

Under the agreement, Cox Contour TV Preferred and Contour TV Ultimate customers will continue to have access to live, local MLB, NBA and NHL games and team related content on Diamond’s RSN channels.

Key Points: 
  • Under the agreement, Cox Contour TV Preferred and Contour TV Ultimate customers will continue to have access to live, local MLB, NBA and NHL games and team related content on Diamond’s RSN channels.
  • Additionally, Cox Contour TV Preferred and Contour TV Ultimate customers will be able to stream Diamond’s RSN content by authenticating with their Cox subscription credentials on the Bally Sports app.
  • David Preschlack, CEO of Diamond, stated: “This multi-year agreement with Cox is a significant milestone for Diamond’s go-forward business as we continue to execute the steps necessary to complete our reorganization.
  • We look forward to continuing to deliver regional sports content to our subscribers.”
    Diamond’s agreement with Cox follows Diamond’s previously announced multi-year renewal of its distribution agreement with Charter Communications, Inc.

Liberty Media Corporation to Present at MoffettNathanson Media, Internet & Communications Conference

Retrieved on: 
Tuesday, April 30, 2024

Liberty Media Corporation (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced that Greg Maffei, President and CEO of Liberty Media Corporation, will be presenting at the MoffettNathanson Media, Internet & Communications Conference on Tuesday, May 14th at 3:00 p.m. E.T.

Key Points: 
  • Liberty Media Corporation (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced that Greg Maffei, President and CEO of Liberty Media Corporation, will be presenting at the MoffettNathanson Media, Internet & Communications Conference on Tuesday, May 14th at 3:00 p.m. E.T.
  • During his presentation, Mr. Maffei may make observations regarding the company's financial performance and outlook, as well as other forward looking matters.
  • All interested persons should visit the Liberty Media Corporation website at https://www.libertymedia.com/investors/news-events/ir-calendar to register for the webcast.
  • An archive of the webcast will also be available on this website after appropriate filings have been made with the SEC.

NBC Sports Next’s SportsEngine Partners With Stronger Youth Brands, Strengthening Tech Offerings for Rapidly Growing Sports Enrichment Industry

Retrieved on: 
Tuesday, April 30, 2024

NBC Sports Next, the leader in youth sports technology, today announced an exclusive, multi-year partnership with Pennsylvania-based Stronger Youth Brands (SYB), a preeminent youth sports and enrichment brand platform.

Key Points: 
  • NBC Sports Next, the leader in youth sports technology, today announced an exclusive, multi-year partnership with Pennsylvania-based Stronger Youth Brands (SYB), a preeminent youth sports and enrichment brand platform.
  • SYB will utilize the proprietary features offered by NBC Sports Next’s SportsEngine Motion technology platform to continue to solidify its leadership position within the rapidly growing, youth-centered sports sector of the franchising industry.
  • Soccer Shots has been introducing sports to kids through an age-appropriate soccer curriculum with an emphasis on character development and skills building since 2005.
  • Its programs are operated by fully trained coaches and available through child care centers, pre-schools, primary schools, and public programming.

Vena Excelerate Finance 2024 Conference in Nashville Sold Out

Retrieved on: 
Monday, April 29, 2024

Vena , the Complete Planning platform loved by finance and trusted by business, today announced that tickets for Excelerate Finance 2024, the premier annual conference for finance, operations and business leaders, have sold out.

Key Points: 
  • Vena , the Complete Planning platform loved by finance and trusted by business, today announced that tickets for Excelerate Finance 2024, the premier annual conference for finance, operations and business leaders, have sold out.
  • The event will be held on May 15–16, 2024 in Nashville, Tennessee with a free live stream available for the global community of finance and operations professionals.
  • At the event, Vena will introduce the new Vena Certification program with on-site professional development sessions available for conference attendees.
  • For more information on Excelerate Finance 2024 or to register for the free virtual experience, please visit www.exceleratesummit.com .

The Game Within The Game: Lucra Establishes B2B Presence with Blockbuster Dave and Buster’s Deal

Retrieved on: 
Tuesday, April 30, 2024

“We’re thrilled to work with Lucra to bring this exciting new gaming platform to our customers,” said Simon Murray, SVP of Entertainment and Attractions at Dave and Buster’s.

Key Points: 
  • “We’re thrilled to work with Lucra to bring this exciting new gaming platform to our customers,” said Simon Murray, SVP of Entertainment and Attractions at Dave and Buster’s.
  • Lucra’s approach will help to destigmatize cash-based competition by evolving it into a fun, friendly, and social experience.
  • Lucra offers two products that can be natively integrated into third-party platforms in as fast as two weeks.
  • Partners are able to customize the user interface to their choosing, allowing Lucra to power the game within the game from behind the scenes.

Fanatics Collectibles Announces Results of KPMG’s Independent Examination

Retrieved on: 
Monday, April 29, 2024

Today at its Topps Industry Conference in Atlanta – attended by nearly 500 collectible-industry leaders from across the country – Fanatics Collectibles CEO Mike Mahan told the audience: “It is important to confirm for collectors that the process of packaging and distributing our cards is truly random.”

Key Points: 
  • Today at its Topps Industry Conference in Atlanta – attended by nearly 500 collectible-industry leaders from across the country – Fanatics Collectibles CEO Mike Mahan told the audience: “It is important to confirm for collectors that the process of packaging and distributing our cards is truly random.”
    To that, Mahan announced that Fanatics Collectibles engaged KPMG LLP, independent accountants, to perform an examination, which the company believes to be the first-ever of its kind in the trading card industry.
  • Mahan noted “…we believe that the results of the examination will provide collectors with confidence that the process of packaging and distributing our cards is random and management and our employees are unable to direct high-value cards to specific customers.” According to Mahan, Fanatics Collectibles plans on having an examination performed annually.
  • Fanatics Collectibles detailed the key areas of the packaging and distribution process, which include controls over governance, physical security, job configuration and review, packing line operation and quality control audits.

The Transat CIC Started Yesterday: Alberto Bona and the Class40 IBSA in Fourth Position After 24 Hours of Navigation

Retrieved on: 
Monday, April 29, 2024

A conservative start for Alberto Bona on the Class40 IBSA, at his eighth regatta with the Swiss multinational pharmaceutical company.

Key Points: 
  • A conservative start for Alberto Bona on the Class40 IBSA, at his eighth regatta with the Swiss multinational pharmaceutical company.
  • The wind was found just before dawn today, when the first disturbance brushed the Class40s: finally the boats started running.
  • The best a solitary navigator could wish for.”
    Giorgio Pisani, Vice President IBSA Group and leader of the project Sailing into the Future.
  • In 2023, Bona and the Class40 IBSA participated in six regattas, including the Rolex Fastnet Race and the Transat Jacques Vabre.