Business Intelligence

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.

Feb 21, 2024 20:02
MANCHESTER, England: Manchester United plc, and Trawlers Limited, an entity wholly-owned by Jim Ratcliffe, Tuesday confirmed the completion the British billionaire's acquisition of 25% of the club’s Class B shares and 25% of the club’s Class A shares, following the satisfaction of all conditions, including approvals from the Football Association and the Premier League.
Feb 21, 2024 19:02
BENGALURU: Healthcare chain Kauvery Hospitals has launched the Kauvery Center for Sports Injury - an advanced subspecialty from the stables of Kauvery Institute of Bone & Joints. 
Feb 20, 2024 20:02
CHENNAI: The Indian Institute of Technology Madras (IIT-M) has appointed Ramesh Kumar, former ESPN vice president and head of ESPN (India and South Asia) and Global head of ESPNcricinfo, as the chief executive officer (CEO) of Center of Excellence in Sports Science and Analytics (CESSA).
Feb 20, 2024 17:02
The leadership at Culver Max Entertainment (aka Sony Pictures Networks India), the Indian media arm of Japan's Sony Group, has reportedly returned to the negotiating table with Zee Entertainment Enterprises Ltd, with the aim of reviving the collapsed $10 billion merger plans, which ZEE has been strongly pushing for. 
Feb 19, 2024 20:02
A new study on sports media predicts that global spending on sports media rights will reach $61bn this year. However, a fragmented media landscape poses dilemmas for brand advertisers at a time when marketers are increasingly reliant on sport for mass reach.
Feb 16, 2024 19:02
Despite the collapse of its $10 billion merger plans with Zee Entertainment Enterprises Ltd (ZEE), Sony Corporation has asserted it is aggressively considering alternative opportunities for its India media and entertainment business.
Feb 15, 2024 17:02
NEW YORK: A 2024 Super Bowl advertising study from behavioral research company Veylinx has determined whether Super Bowl commercials boost consumer demand for the products advertised. The results show that 2024 Super Bowl advertising fueled a 16.4% increase in overall product demand among viewers, with Doritos Dinamita, Michelob Ultra and e.l.f. Halo Glow Liquid Filter outperforming the other brands tested.
Feb 14, 2024 18:02
SEATTLE: Brooks Running, a subsidiary of Berkshire Hathaway, finished 2023 with record revenue growth of $1.2 billion, up 5% year-on-year, and a record 20 million+ units sold. 
Feb 14, 2024 16:02
A total of 4,716 international transfers were completed in men’s football during the 2024 January window, an increase of 0.6% compared to the previous January window, according to FIFA’s International Transfer Snapshot. Total spending on transfer fees hit $1.46 billion in men's football, and a record expenditure of $2.1 million in women's football.
Feb 14, 2024 15:02
Is Zee Entertainment Enterprises Ltd exiting sports? It might well turn out that way? ZEE managing director Punit Goenka, speaking at an investors' call after the network announced its Q3 financial results, has outlined the future course for the Indian media major in the wake of the collapse of its planned $10 billion merger with Culver Max Entertainment (aka Sony Pictures Networks India).