SoftBank’s Vision Fund 2 is investing heavily in sports, backing some of the industry’s most influential companies.
Blackstone, which recently purchased a majority stake in Spanx, reported third-quarter earnings of $1.4 billion.
Candy Digital, an NFT platform owned by Fanatics, completed a $100 million funding round on Thursday valuing the company at $1.5 billion.
AT&T is spinning off its media assets, namely WarnerMedia and DirecTV. In the meantime its revenue dropped 5.7% to $39.9 billion.
The Walt Disney Co. is projecting it will top $100 million in NHL advertising sales as hockey returns to ESPN for the first time in 17 years.
Endeavor and private equity firm Silver Lake are teaming up to bid on minor league baseball teams. They could eventually buy over 40.
Sportsmap Tech Acquisition announced that it’s priced its initial public offering at $100 million on Tuesday, offering 10 million units at $10 each.
Legalized online sports betting is coming to New York, but operating in the state may come with a hefty price tag.
Investment giant Blackstone made its latest move, buying a majority stake in apparel maker Spanx at a $1.2 billion valuation.
