Apollo Global explores merging Yahoo Sports with a sports betting company
Apollo has reportedly been in talks with betting companies, including Australia's PointsBet.
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Former Bleacher Report CEO Howard Mittman has reportedly had talks with Apollo about a “head of sports” role at Yahoo
"Apollo has been working with Egon Zehnder, an executive search firm, to seek out new leaders. That search includes former Bleacher Report CEO Howard Mittman for a 'head of sports' role, two of the people said."
Verizon is out of the media business, selling Yahoo and AOL to Apollo Global Management
How Yahoo's sale will affect its sports properties is yet to be determined.
Verizon is exploring a sale of Verizon Media, including Yahoo and AOL, for around half of what it paid for those two companies
It looks like Verizon may sell Yahoo and AOL for far less than it paid for them.
Liberty Media is now apparently bidding for the former Fox RSNs, and Sinclair and Apollo Global now apparently aren’t
As one bidder enters, two others apparently leave.
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."
