Arctos News Archives

NFL Ratings Increase for Second Straight Year

January 2020/in Arctos News /by admin

Ratings for National Football League games rose 5% in 2019, making it the most-watched season since 2016, the league said.

Hedge Fund Billionaire Steve Cohen Negotiating To Buy New York Mets

December 2019/in Arctos News /by admin

Hedge fund billionaire Steve Cohen is negotiating a deal to buy as much as 80% of Major League Baseball’s New York Mets, in a deal that values the team at $2.6 billion.

MLB Clubs Are Now Able to Sell Local Streaming Rights: Why That Is a Huge Deal

December 2019/in Arctos News /by admin

Going forward, all 30 clubs are free to negotiate their own deals around streaming in their local and regional television markets.

Manchester City Owner Sells $500 Million Stake to U.S. Investor

November 2019/in Arctos News /by admin

Silver Lake Partners bought about 10 percent of the parent company of the Premier League champion, making it one of the most valuable franchises in sports.

Madison Square Garden Approves Spinoff for Knicks, Rangers

November 2019/in Arctos News /by admin

Madison Square Garden Co., owner of the eponymous arena and other venues, approved a plan to spin off all of its sports business, including the New York Knicks and Rangers.

Rooney Family Sells Minority Stake in Steelers

October 2019/in Arctos News /by admin

A pair of unknown investors purchased a 10% stake in the franchise and “received a ‘standard’ twenty-percent non-control discount on a valuation ‘within the ballpark’ of Forbes’ $2.8 billion’.