Peloton Eyes Investor to Acquire 15% to 20%
Peloton is pursuing potential investors that could acquire a stake of around 15% to 20% in the fitness company, according to The Wall Street Journal.
Blog: Archives
DraftKings Raises Guidance Amid $468M Quarterly Loss
DraftKings raised its revenue guidance for the financial year following its latest earnings report on Friday, but the sportsbook has taken a hit amid concerns
Chelsea Saga Nears End, Boehly Group Takeover Imminent
Todd Boehly, the lead bidder for Chelsea FC, is reportedly set to sign the first team contract on Friday. The Telegraph reported that executives are preparing
Sinclair Nears Deals to Stream NBA, Receive $600M
Sinclair Broadcast Group is close to securing deals to air NBA games on its new streaming service, along with $600 million of financing to support
UEFA Teams Threaten to Quit FIFA Over World Cup Proposal
Soccer governing bodies CONMEBOL and UEFA have already voiced their opposition to FIFA’s proposal of moving the World Cup from a quadrennial to biennial event,
Red Bull Dance Your Style Returns to Miami
Global Street Dance Competition Red Bull Dance Your Style will bring together top freestyle dancers from the region and beyond on Sunday, October 17th
Apple Making Changes to App Store in Settlement
Apple Making Changes to App Store in Settlement Apple has agreed to change some of its App Store practices following a class-action antitrust lawsuit settlement
Disney Subscriber Count Catching Up to Netflix
Disney Subscriber Count Catching Up to Netflix Disney’s revenues shot up 45% year-over-year to $17 billion in its fiscal third quarter on the strength of theme parks
CVC Makes Another Big Investment in Sports
CVC Capital finally netted its white whale. Last week, the Luxembourg-based private equity firm made inroads into European soccer with its $3.2 billion investment
Liberty Media Records $2.88B in Q2 Revenue
Liberty Media Records $2.88B in Q2 Revenue Liberty Media — home to Formula 1, the Atlanta Braves, and SiriusXM — reported Q2 earnings Friday. Revenue was