Skydance Taps Last Dance Auteur Jon Weinbach to Lead Sports Unit
Skydance Media—the Santa Monica-based independent studio behind such projects as the Charlize Theron superhero flick, The Old Guard, and the long-gestating…
RedBird Capital
LeBron’s SpringHill Gets Investment From Nike, Epic, Fenway and RedBird
SpringHill, the entertainment venture formed by LeBron James and Maverick Carter, has taken investment from a consortium valuing the business at $725 million. Gerry…
Sporticast: Billionaire Ballmer’s $1.8 Billion Arena, LeBron Selling Media Stake
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including Steve Ballmer’s…
IPL Cricket More Valuable to Disney+ Than Star Wars Franchise
RedBird Capital recently bought into the Rajasthan Royals, taking a 15% stake in the Indian Premier League club at a $250 million enterprise valuation. On the surface…
RedBird Capital Buys Rajasthan Royals Stake as Cricket Streaming Booms
RedBird Capital is buying a 15% stake in the Rajasthan Royals, a founding club of the India Premier League of Twenty20 cricket. The deal is believed to be the first in…
Exclusive
NFL Executive Kevin LaForce Leaving to Join RedBird Capital
NFL executive Kevin LaForce, architect of the league’s media and investment strategies, is leaving to join sports-focused private equity firm RedBird Capital. Led by…
Endeavor’s On Location Wins Olympics Hospitality Contract for Paris, Milan, L.A.
On Location Experiences, the ticketing and experiences company owned by Endeavor, has won a multi-stage selection process to be the exclusive global hospitality partner…
Exclusive
Former New York Mets Owners Exploring Sale of SNY Network
The former owners of the New York Mets are exploring a sale of SNY, the team’s regional sports network, according to multiple people familiar with the plans. The Wilpon…
Fenway Sports Group Closes Deal With RedBird and LeBron James
The Fenway Sports Group announced Wednesday “a significant investment in the Group by RedBird Capital Partners,” who are joined in the venture by LeBron James and…
Fenway Makes LeBron James Partner as RedBird Deal Approved
LeBron James has become a partner in Fenway Sports Group (FSG), as it looks to grow its sports empire. The owner of the Boston Red Sox and Liverpool FC also…
Exclusive
RedBird Capital Acquiring Ten Percent of Fenway Sports Group for $750 Million
RedBird Capital is nearing a deal to acquire more than 10% of Fenway Sports Group for approximately $750 million, according to individuals familiar with the matter. The…
Exclusive
RedBird Capital Buys Into Wasserman Media
RedBird Capital has purchased a significant minority stake in Wasserman Media, the sports marketing and talent agency founded by Casey Wasserman. The stake is between…
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