Business Intelligence

Sony, Natekar Sports to invest $10m+ in World Pickleball League

SportzPower Team

May 09, 2024 21:05

Read more about Sony, Natekar Sports to invest $10m+ in World Pickleball League
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MUMBAI: India’s growing reputation as a potential racquet sports hub is all set to get a massive boost with the launch of the World Pickleball League (WPBL), the first-ever professional pickleball league, envisaged by Natekar Sports and Gaming (NSG) and Sony Entertainment Talent Ventures India (SETVI).

NSG, is a company promoted by ‘former Davis Cup star and Arjuna Awardee Gaurav Natekar and his wife, ‘Arati Ponnappa Natekar, also a former India #1 in Tennis. SETVI is a joint venture between Sony Music Entertainment and Sony Pictures Entertainment.

Jan 18, 2024 18:01

Nazara Tech raises Rs250cr; picks up stake in Kofluence

Gaming and sports media platform Nazara Technologies on Wednesday announced its board has approved a preferential share issue worth Rs 250 crore, while also picking up minority interest in social media influencer platform Kofluence Tech through a share swap deal that values the transaction at Rs 32.41 crore.

Jan 18, 2024 18:01

Supponor ups Simon Green to CEO in place of James Gambrell

Virtual advertising services and technology provider Supponor has appointed Simon Green as its new CEO, replacing James B. Gambrell, who steps down from the role to serve as a non-executive director.

Jan 17, 2024 16:01

adidas exec Sunil Gupta joins Delhi Capitals as CEO

Delhi Capitals has appointed Sunil Gupta as its CEO to fill the vacancy left by Dhiraj Malhotra, who "moved on" from the Indian Premier League franchise four months ago.

Jan 11, 2024 12:01

GMR Group in advanced talks to buy into Hampshire: Report

The GMR Group, co-owners of Indian Premier League franchise Delhi Capitals is reportedly in "advanced talks" to buy a controlling stake in British county side Hampshire. A report in the UK's 'Daily Telegraph' said former Hampshire chairman Rod Bransgrove, who still holds a majority stake in the club, is close to agreeing a deal to sell the county side to the GMR Group.

Jan 10, 2024 19:01

Merger talks with ZEE will continue till Jan 20: Sony Group

Sony Group on Wednesday stated that talks between its Indian media and entertainment unit with Zee Entertainment Enterprises Ltd (ZEE) with regards to the proposed $10 billion merger are ongoing and that they will continue till January 20, according to Nikkei.

Jan 10, 2024 17:01

DAZN names senior Amazon exec to lead global ad biz

LONDON: DAZN Group, a top sports streaming provider, has appointed Walker Jacobs as global chief revenue officer and president of DAZN US.

Jan 10, 2024 17:01

Sportz Interactive announces org rejig; eyes global growth

Sportz Interactive (SI), along with its Singapore-based parent company Sportz Solutions Global, is gearing up for international expansion in 2024 with an enhanced solution suite focused on maximising fan affinity and commercialisation for sports organisations.

Jan 09, 2024 19:01

Sports chnl genre ad volumes up 53% in Jul-Sept ’23: TAM

MUMBAI: TAM Sports has released its 'TAM AdEx - Quarterly Advertising Report on Sports Channel Genre for Jul-Sept ’23'.

Jan 09, 2024 17:01

Fila Holdings elevates Todd Klein to global brand president

South Korea-based sportswear major Fila Holdings Corporation has promoted Todd Klein to the newly created position of global brand president of the Fila brand. In addition to his current responsibilities, Klein, who has headed Fila’s US division for a year, will assume accountability for all label business operations, encompassing worldwide product and marketing initiatives, the company declared.

Jan 08, 2024 20:01

Vi, Team Vitality forge strategic esports partnership in India

Telecom operator Vodafone Idea (Vi) and Paris-based Team Vitality, an internationally acclaimed esports organisation, have announced a long-term union to boost the esports ecosystem in India.

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