Business Intelligence

Disney Star sports biz loss up at $342m in Oct-Mar period

SportzPower Team
May 08, 2024 18:05

Disney Star's sports-related operational loss reportedly grew by 50% to $342 million for the six months ended March 30, up from $228m in the same period in the previous fiscal.

During the time under examination, the Walt Disney-owned company's operating revenue from sports increased by 40% to $504m, while operating expenses increased by 51% to $786m, per media reports.

Aug 21, 2020 19:08
Capital Group Gig Work combo logo
Capital Group extends into gaming arena with Gig Work
MUMBAI: The Capital Group – a leading media communications company with expertise in Out-Of-Home, Events, Sports and Digital businesses in India and UAE – has recently added a new division, Gig Work Private Limited. This new entity will function in the gaming & entertainment market through soon to be launched platforms – KheloFantasy.Live and esportz.in.
Aug 21, 2020 18:08
Glukos Energy
United Sports Brands expands portfolio, acquires energy supplement brand
FOUNTAIN VALLEY, Calif.: United Sports Brands (USB) announced Friday the acquisisition of Glukos Energy, a leading energy supplement brand.  Financial terms were not disclosed. Glukos offers a range of products containing glucose, including drinkable energy gels, energy and electrolyte drink mix, and chewable tablets.
Aug 21, 2020 16:08
Williams Racing logo
Williams announce sale of F1 team to US investment company
GROVE, England: Williams Racing has been acquired by US-based private investment firm Dorilton Capital, bringing a successful conclusion to the Strategic Review which was launched in late May. 
Aug 21, 2020 16:08
Deloitte logo
Post-COVID, Deloitte relooks Football Money League report
LONDON: COVID-19 has caused a ubiquitous, seismic shock throughout the football industry. The ongoing pandemic has vastly altered the experience for players and fans and created the impetus for all stakeholders in the football ecosystem to adapt their business models to thrive in a post COVID-19 world.
Aug 19, 2020 18:08
Streamed video content dominates M&E consumption in India: Study
MUMBAI: Leading video technology platform Brightcove Inc. Wednesday published the Brightcove Q2 2020 Global Video Index Entertainment and Media Edition, which found that OTT streaming of entertainment content continued to dominate, even as governments began loosening stay-at-home restrictions. 
Aug 19, 2020 17:08
ANTA Group and WWF sign international partnership agreement
XIAMEN, China: ANTA Group and the World Wide Fund for Nature announced Wednesday that the Chinese sporting goods major has become WWF's first international partner in China's sportswear and textile industry. 
Aug 19, 2020 14:08
Deloitte acquires advertising & mkting advisory Spatial Access
NEW DELHI: Deloitte Touche Tohmatsu India LLP (Deloitte) on Tuesday announced the acquisition of Spatial Access, a leading specialised advertising and marketing advisory and analytics firm. The move will augment Deloitte's advisory capabilities and enable brands to make more efficient advertising and marketing decisions.
Aug 17, 2020 20:08
Mahendra Singh Dhoni
Alongside MSD's intl retirement, a major investment
MUMBAI: Even as India great Mahendra Singh Dhoni announced his retirement from international cricket via Instagram on Saturday, indications of how his "second innings" will pan out for the player from Ranchi are already in evidence.
Aug 17, 2020 18:08
Arsenal FC managing director named club's head of football
LONDON: Arsenal FC announced Saturday that head of football Raul Sanllehi has left the club and managing director Vinai Venkatesham will lead the English Premier League side going forward. 
Aug 17, 2020 17:08
LaLiga appoints commercial director for Southeast Asia
MADRID: Former Liverpool FC senior Global Partnership Development manager Simon Li has taken the role of Commercial director- SEA, Japan, South Korea and Australia at LaLiga. 
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