Belgium brewer InBev has agreed to buy Anheuser-Busch for $52 billion. And the biggest question we have here at Sports Biz is, how much will this impact the business of sports? Or to some, how will this impact Super Bowl commercial watching?
Microsoft and billionaire investor Carl Icahn's joint proposal for Yahoo , which was rejected on Saturday, included improved revenue guarantees from search advertising, people familiar with the matter said on Sunday.
I’m focused on the College Bass National Championships that are taking place in Little Rock, Ark., as we speak. It’s not sanctioned by the NCAA, which is just fine for the competitors on the 53 teams. That’s because these guys are making some good money pulling in sponsorships.
Germany's GfK Holdings is considering a cash offer for Britain's Taylor Nelson Sofres after Martin Sorrell's advertising group WPP muscled in on their original merger plan.
So word is that NASCAR driver Tony Stewart is leaving Gibbs Racing and moving to Haas Racing, where he will be part owner. The NASCAR community is buzzing that Stewart would go from a "have" team to a relative "have not." You know what I'm buzzing about?
Advertising revenue from YouTube is likely to total about $200 million this year and thus fall short of parent company Google's expectations, The Wall Street Journal said on Tuesday, citing two sources familiar with the matter.
Federer’s swooshes accounted for 13 minutes and 3 seconds worth of time and Nadal’s swooshes were seen for 22 minutes and 20 seconds, Wright said. That’s not to mention the ridiculous exposure that Nike got on the cover of all the major papers and on broadcasts other than the NBC broadcast of the match.
The red apple supposedly from the fourth round sold for $36,000, but the buyer told us he typed in that number as a joke. Then there was a second apple (green)--this one perhaps the more important core, as this could have been the apple core that Tiger said helped him through his playoff victory over Rocco Mediate.
A potential deal between Yahoo and Time Warner's AOL division is unlikely before Yahoo's annual meeting on Aug. 1, a person familiar with the negotiations said Monday.
Google is under fire from a handful of parents who work at the company's Silicon Valley offices for price hikes in the cost of on-site day-care services, the New York Times reported Saturday.
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The “Back to the Future” movie franchise, which produced three movies from 1985 to 1990, generated an impressive $935 million in gross box office receipts. Nike will be releasing their new Hyperdunk in a teal version to make it look like the “Air McFlys.” Shoe collector shop Undefeated in Santa Monica will get first dibs as they’ll sell less than 100 pairs today.
But it's an interesting dilemma. Given the cost of things, at what point should sponsors, or ticket holders for that matter, be able to get some compensation for a lesser expectation? At what point does is the subject to change line after the asterisk just not acceptable?
Because of television commitments, the playoff game has to played on Saturday, July 5th. Realizing they were in a tough spot, the team management brainstormed and came up with the idea to give away tickets to the exact area where their star player comes from.
Advertisers are trying to capture the spirit of outrage in campaigns that reflect and capitalize on the angry mood of the American consumer, the New York Times reports.
O.J. Mayo’s marketing agent Maverick Carter, CEO of LRMR Marketing, confirmed this morning that Mayo has signed a four-year deal with Nike.
After his second round loss to Marat Safin, Novak Djokovic was asked--in his post-match press conference--about his change in brand of shoes, which we've been monitoring very closely.
On Monday, I wrote about how the shoe money has dried up for this year's crop of NBA Draft picks. So much so, I'm hearing, that we might not see a single player ink a deal worth more than $2 million annually.
Just a day after I revealed that Novak Djokovic was wearing Nike shoes despite having a contract with Adidas, the third-ranked player in the world (still wearing Nikes) lost in three straight sets in the second round today to Marat Safin, now the 75th ranked player in the world.
Shares of Yahoo jumped on a report that Microsoft is back in talks to buy the company, though sources have told CNBC that no deal is in the offing.