Sports Money Recap – September 14th
Sports Industry Money – September 14th – 3 Min Read
$21 Billion Valued TKO Kick Starts After UFC & WWE Merger
The combat sports community will experience a new era as a result of the merger between WWE and UFC’s parent company Endeavor, which created a $21 Billion corporation named TKO. This news could have a significant impact on the sports industry, potentially revolutionizing the way combat sports are promoted and expanding their global reach.
Generative AI To Sports Analytics: SportsVisio Raises New Capital
SportsVisio – a new AI-powered software company bringing image-based deep learning to the sports analytics space – recently announced a $3 million seed round led by Sapphire Sport, a first-of-its-kind investment platform at the intersection of tech, media, entertainment, and sport.
Vivid Seats (SEATS) Completes Acquisition of Japan’s Wavedash
The article discusses a partnership between ticket reseller Vivid Seats and Japanese esports platform Wavedash. This collaboration could potentially influence the sports industry by further bridging the gap between traditional sports and esports, leading to increased fan engagement and business opportunities in both sectors
Unleashing Everton’s Future: 777 Partners’ Potential Takeover
US investment fund 777 Partners is close to finalizing a takeover deal with Everton Football Club. 777 Partners already own Bundesliga side Hertha Berlin, Italian club Genoa, British basketball club the London Lions and many more global clubs. The Partners’ mission is to build a self-sufficient company that is not dependent on banks and third party investors.