Investments

DALLAS, TX: Pickleball, billed as America’s fastest-growing sport, is going after a new frontier - India. The United Pickleball Association (UPA), which was created after a merger between Major League Pickleball and the Professional Pickleball Association in the US last February, and India-based Global Sports have inked a deal to bring the PPA Tour and Major League Pickleball to the country.

As a part of the partnership, the organizations will launch key initiatives to the country, promoting the rapidly-growing sport to a young market. 

Oct 16, 2023 17:10
By the looks of it, every possible name will have been crossed off the list if and when a buyer for Disney's India business is finally announced.  Media major Sony Pictures Entertainment (SPE) is the latest in early-stage talks with Walt Disney Co. regarding a potential acquisition of its India business.
Oct 11, 2023 19:10
Global private equity giant Blackstone is engaged in discussions with The Walt Disney Company to potentially acquire a stake in Disney's media operations in India, including its streaming and television businesses, Reuters and Economic Times have separately reported.
Oct 04, 2023 19:10
LONDON: Wasserman, a leading talent representation and marketing company, announced Tuesday the completion of its acquisition of CSM Sport & Entertainment. 
Oct 04, 2023 18:10
GURUGRAM: The Singapore subsidiary of NODWIN Gaming - South Asia’s leading gaming and esports media enterprise - a material subsidiary of Nazara Technologies Ltd, has acquired a 100% stake in game marketing agency PublishME for a sum of $2 million from its existing shareholders Nazara Technologies Limited and Ozgur Ozalp.
Oct 04, 2023 16:10
Michael Andretti's bid to join the Formula One championship has been forwarded to the commercial rights holders after being approved by the sport's global governing body on Monday. Andretti, who began a partnership with General Motors' brand Cadillac in January, is the only applicant that the International Automobile Federation (FIA) passed on to the next stage of evaluations from a total of four bidders.
Oct 04, 2023 15:10
Cricket superstar Virat Kohli is the newest celebrity team owner to join the UIM E1 World Championship, the world’s first all-electric raceboat series. Virat and sports tech entrepreneur Adi K Mishra were Tuesday announced as principals at the helm of The Blue Rising Team. The Indian batsman joins the likes of Rafael Nadal, Tom Brady, Didier Drogba and Sergio Perez as an E1 team owner.
Oct 03, 2023 20:10
NEW YORK: Front Office Sports (FOS), the leading multi-platform media and news organization covering the business of sports, Monday announced a strategic minority investment from RedBird IMI, a joint venture between RedBird Capital Partners and International Media Investments focused on building high-growth companies in media, entertainment and sports.
Sep 27, 2023 17:09
NEW DELHI: In yet another venture into the sporting world, SG Sports, led by APL Apollo, has acquired ‘Bengaluru Spartans’, one of the eight teams that will be participating in the upcoming Tennis Premier League (TPL) 2023.  With the ownership of this team with SG Sports Ventures now, it has been renamed as ‘Bengaluru SG Mavericks’ with ace tennis player Sania Mirza as its brand ambassador. 
Sep 18, 2023 19:09
Everton has been sold to 777 Partners, with the US private equity firm buying out Farhad Moshiri's 94.1% stake in the struggling Premier League club in a deal reportedly worth more than £550 million ($685m). The Miami-based investment fund declared on Friday it had signed an agreement with the British-Iranian billionaire to acquire his stake in Everton. 
Sep 18, 2023 19:09
Former Indian cricket team captain Sourav Ganguly, who announced plans to establish an integrated steel plant with his friend at Salboni in West Bengal’s Paschim Medinipur, will execute the project with the assistance of Captain Steel, a senior official confirmed to PTI.