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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 10, 2021 12:02

Nazara raises Rs1bn funding through Hornbill Capital

BENGALURU: IPO-bound Nazara Technologies Limited Tuesday announced that the Indian gaming and sports media platform has raised Rs 1 billion from Instant Growth Limited (IGL), which is advised by Hornbill Capital Advisers LLP. IGL is an investment vehicle of the North America based limited partners (LPs) of Hornbill Orchid India Fund.

Feb 10, 2021 09:02

Cure.Fit acquires Fitternity; second acquisition in 2021

BENGALURU: Health and wellness platform Cure.fit Tuesday announced the acquisition of Fitternity, one of the largest fitness facilities aggregators in the country. This acquisition comes close on the heels of its acquisition of Onyx, a California based digital fitness company last month, that is expected to enhance its digital offerings in India and abroad.

Feb 09, 2021 18:02

EA takes big step into mobile with $2.1bn Glu acquisition

REDWOOD CITY, Calif. Electronic Arts announced Monday it has reached a definitive agreement to acquire Glu Mobile Inc., a leading global developer and publisher of mobile games including Design Home, Covet Fashion, and MLB Tap Sports Baseball.

Feb 08, 2021 19:02

Lewis Hamilton stays put at Mercedes, agrees new 1-yr contract

LONDON: Finally ending the suspense, the Mercedes-AMG Petronas F1 Team announced Monday that reigning F1 World Drivers’ champion Lewis Hamilton had signed on to a new one-year deal, following what has been a protracted negotiations process. The Mercedes works team and Lewis agreed a new contract which will see one of the sport’s most successful ever collaborations continue for a ninth consecutive season.

Feb 08, 2021 18:02

Bally’s acquires B2B F2P game provider SportCaller

PROVIDENCE, R.I.,: Bally’s Corporation, a leading US provider of land-based gaming and interactive entertainment, Monday announced that it acquired SportCaller, one of the leading B2B free-to-play (F2P) game providers for sports betting and media companies across North America, the UK, Europe, Asia, Australia, LATAM and Africa.

Feb 08, 2021 18:02

WWE reports record 2020 revenues, offers 2021 business outlook

STAMFORD, Conn.: WWE has announced financial results for its fourth quarter and year ended December 31, 2020.

Feb 08, 2021 13:02

FICCI reappoints Sanjog Gupta as sports committee chair

NEW DELHI: The Federation of Indian Chambers of Commerce & Industry (FICCI), Monday announced the re-appointment of Sanjog Gupta, head - Sports, Star India, as the chairperson to FICCI’s Sports Committee for 2021. FICCI is the first national chamber of commerce to establish a dedicated sports vertical under the aegis of the sports committee.

Feb 04, 2021 16:02

BharatPe appoints Gautam Kaushik as company's 2nd group president

NEW DELHI: BharatPe on Thursday appointed Gautam Kaushik as the financial services company's second group president.

Feb 04, 2021 14:02

Fresh capital infusion takes MPL valuation to $945m: Report

MUMBAI: Bengaluru-based fantasy sports startup Mobile Premier League (MPL) has reportedly raised $95 million (or about Rs 6.9 billion) in a fresh funding round led by Hong Kong-based Composite Capital, Moore Capital, Telstra Ventures, among other existing investors.

Feb 03, 2021 12:02

FIVB partners CVC to launch commercial entity Volleyball World

LAUSANNE: The International Volleyball Federation (FIVB) and CVC Capital Partners Fund VII have announced the launch of Volleyball World, a new partnership which will "drive innovation, growth and investment" in volleyball around the globe. While the investment commitment behind Volleyball World was not disclosed, insidethegames.biz put the figure at $300 million.

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