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Archives

Online Outlets

Pro Football Network’s Matt Cannata talks Absolute Sports acquiring a majority stake in his company

"We’ve always wanted to look at an investment to throw gasoline on the fire."

By Andrew Bucholtz OnMar 23, 2023 0
Barstool Sports

Penn Entertainment acquires rest of Barstool Sports for $388 million

The deal values Barstool Sports at $606 million.

By Andrew Bucholtz OnFeb 17, 2023 1
Online Outlets

Playmaker Capital buys World Soccer Talk

“Soccer is on the rise in the U.S. and Canada, and Playmaker is focused on becoming the preeminent voice for the sport across the Americas, from the top of Canada to the bottom of Argentina.”

By Andrew Bucholtz OnJul 5, 2022 0
DAZN

DAZN reportedly “nearing” deal to buy BT Sport for around $800 million U.S., with deal potentially closing this month

The much-discussed DAZN-BT Sport deal might actually come to pass.

By Andrew Bucholtz OnJan 12, 2022 0
Online Outlets

The Athletic is again looking for a buyer, asking more than $750 million, has hired investment bank LionTree

For at least the third time this year, there are talks about The Athletic being for sale.

By Andrew Bucholtz OnSep 22, 2021 0
Newspapers

The Athletic will not be bought by The New York Times, with those companies ending acquisition talks

The companies reportedly couldn't agree on an acquisition price, or on how to handle staffers with equity in The Athletic.

By Andrew Bucholtz OnJun 17, 2021 0
Gambling

Better Collective buys Action Network for $240 million in a bid to expand its U.S. operations

Action Network brought in around $15 million in revenue last year, but is projecting $40 million in revenue this year.

By Andrew Bucholtz OnMay 3, 2021 0
Online Outlets

Minute Media raises another $40 million, looks to acquire more sites to join FanSided/The Players’ Tribune/The Big Lead

Minute Media CEO Asaf Peled said the new funding "will help us invest in our technology platform and enable us to look at new digital brands as acquisition targets."

By Andrew Bucholtz OnFeb 26, 2020 0
Streaming

Bill Simmons reportedly seeking nine-figure asking price for The Ringer

The asking price resembles what Spotify paid for Gimlet Media last year.

By Ian Casselberry OnJan 20, 2020 2
Online Outlets

Spotify is reportedly in early talks to buy The Ringer

Spotify has acquired a number of podcasting-focused companies recently, and The Ringer may be the next in their sites.

By Andrew Bucholtz OnJan 17, 2020 2
Online Outlets

After buying The Big Lead, Minute Media looks to pick up The Players’ Tribune

Minute Media, known for sites like 90min.com and 12up, and for buying The Big Lead in March, is in exclusive talks to acquire The Players' Tribune.

By Andrew Bucholtz OnNov 8, 2019 0
Local Networks

Democratic presidential candidates Cory Booker, Bernie Sanders, and Elizabeth Warren criticize Sinclair’s purchase of former Fox RSNs

"The agreement with Disney offers Sinclair an opportunity to charge consumers more by packaging their cable and broadcast programs."

By Andrew Bucholtz OnJun 25, 2019 0
Fox

One private equity firm pursuing the Fox regional sports networks is trying to land LeBron’s Uninterrupted as “a strategic partner”

"Apollo's talks with James' multimedia platform have focused on a strategic partnership deal that could see James contributing and advising on content for the networks."

By Andrew Bucholtz OnNov 9, 2018 1

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