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Ronaldo highest-paid athlete, footballers dominate top 10: Forbes

SportzPower Team

May 17, 2024 15:05

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Portuguese supertar Cristiano Ronaldo has topped the Forbes list of the highest-paid athletes for a second year running.

Ronaldo also headed the list last year following his move to Saudi Arabian football club Al Nassr.

The latest list of the highest-paid athletes released by Forbes reveals that the 39-year-old Portuguese forward earned $260 million over the past 12 months, up from $136m in the business magazine's 2023 listing.

Feb 18, 2021 13:02

adidas starts divestment process of underperforming Reebok

HERZOGENAURACH, Germany: After 15 years of ownership, adidas has begun the formal process aimed at divesting its Reebok brand.

Feb 16, 2021 17:02

Sportradar announces launch of Universal Fraud Detection System

LONDON: Sportradar Integrity Services – the leading global supplier of sports integrity solutions – Tuesday announced the launch of the Universal Fraud Detection System (UFDS). Evolving from its current bet monitoring service, the UFDS will be funded by Sportradar and offered free of charge to any sports federation, or league worldwide, and will be made available in October.

Feb 16, 2021 15:02

TYNY report 2021: 40% of India ad spend to come from digital

MUMBAI: The Indian advertising industry is expected to see recovery in 2021 with ad investments estimated to reach Rs 80,123 crore (Rs 801.230 billion), which is a 23.2% growth over 2020 and 3.35% growth over 2019 ad expenditure of Rs 82,9040 crore (Rs 829.040 billion). These are the findings of the 2021 edition of the GroupM futures report ‘This Year, Next Year’ (TYNY).

Feb 15, 2021 16:02

IOC proposes Olympic Agenda 2020+5 as strategic roadmap

LAUSANNE: The executive board (EB) of the International Olympic Committee (IOC) has proposed a new strategic roadmap, Olympic Agenda 2020+5, to the upcoming IOC Session.

Feb 15, 2021 14:02

Disney+ Hotstar drag on TWDC ARPU; cricket key part of strategy

MUMBAI: With almost 29 million subscribers, Disney+ Hotstar makes up 30 percent of the Disney+ subscriber base, but the inclusion of the former has brought down the average monthly revenue per paid subscriber down to $4.03 from an ARPU of $5.56 for Disney+.

Feb 15, 2021 13:02

Delhi Capitals name Colonel Vinod Bisht as interim CEO

NEW DELHI: Indian Premier League franchise Delhi Capitals on Saturday appointed Colonel Vinod Bisht as its interim chief executive officer.

Feb 12, 2021 19:02

Infront takes minority stake in PSA's media & mkting arm

LONDON: The Professional Squash Association (PSA) has signed a landmark multi-year agreement with Infront, a Wanda Sports Group company, which will see the leading sports marketing agency become a strategic commercial partner of the global governing body for professional squash.

Feb 11, 2021 18:02

IMG offloads its 50% stake in European Golf Design

LONDON: European Golf Design Limited (EGD) is poised for a new direction following a change in the ownership structure of the renowned golf course design company.

Feb 11, 2021 17:02

Deepak Jacob joins Dream11 parent as Group general counsel

MUMBAI: Deepak Jacob, till very recently chief regional counsel, Direct-to-Consumer & International - India, ME & SEA, The Walt Disney Company, has joined Dream Sports Group, the parent company of Dream11 and FanCode, as Group general counsel.

Feb 11, 2021 17:02

IPL leads 13% OTT consumption upstick in 2020: Study

MUMBAI: Indian over-the-top (OTT) platforms saw a 13% rise in video consumption in 2020, led by Indian Premier League 2020 broadcast on Disney+ Hotstar, research by RedSeer Consulting indicates.

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