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Gulf powers back Paramount's $108B Hollywood grab
Youtube· 2025-12-12 06:00
Core Insights - Saudi Arabia, Abu Dhabi, and Qatar have pledged $24 billion to support Paramount's $18 billion hostile bid for Warner Brothers Discovery, covering nearly 60% of the $41 billion equity in the deal [1][2] - This collaboration among Gulf rivals could reshape the global media landscape and establish the Gulf as a significant player in Hollywood [2] - Gulf sovereign funds are actively acquiring major entertainment and media assets, with Saudi Arabia already investing billions in sports teams and other high-profile investments [2] Group 1 - The Gulf states are aiming to build a media empire to compete with Qatar, which owns Al Jazeera, the most-watched news channel in the Arab world [3] - Qatar also has ownership of the French football team Paris Saint-Germain, indicating its investment in both media and sports [3] - Abu Dhabi is looking to expand its media assets following a failed bid for Britain's Telegraph newspaper, which led to changes in UK media ownership laws [4] Group 2 - The UAE is home to several Arabic language outlets and Euro News, showcasing its media presence [4] - Abu Dhabi has significant influence in football as the owner of Manchester City and has attracted major film productions, including the F1 movie "Dune" [4]
X @Forbes
Forbes· 2025-12-11 16:00
With a two-year, $41.2 million extension, @saquon set an NFL contract record for average annual value by a running back. Off the field, in addition to his traditional sponsorships, Barkley is a prolific investor. Read more: https://t.co/DeSLmwrbot #ForbesUnder30 📸: Emilee Chinn via Getty Images ...
SEGG Media Closes $2.5 Million Funding Agreement
Globenewswire· 2025-12-11 15:30
Core Viewpoint - SEGG Media Corporation is undergoing a strategic shift towards disciplined management and operational efficiency, focusing on sustainable growth and clear execution of initiatives to enhance shareholder value [2][3][7]. Group 1: Financial Developments - The company has closed a $2.5 million Securities Purchase Agreement to fund key initiatives, including acquiring a controlling interest in Veloce Media Group [1][5]. - The acquisition of Veloce is valued at $53 million pre-money and is expected to contribute nearly $20 million in annual revenue starting in Q1 2026 [5][6][7]. Group 2: Strategic Initiatives - The company has outlined a $5 million 90-day plan focusing on five key initiatives aimed at maximizing asset value and improving operational processes [3][4]. - Key initiatives include finalizing the acquisition of Veloce Media Group, securing intellectual property from DotCom Ventures, investing in international gaming operations in Mexico, developing the Sports.com All-Sports Arena, and strengthening internal processes [6][7]. Group 3: Leadership and Management Changes - The Board of Directors has made changes to the executive leadership team to emphasize a disciplined approach to planning and execution [2][3]. - The interim CEO and CFO has highlighted the importance of responsible growth and operational discipline to strengthen the company's foundations [5].
NFL quarterback Philip Rivers comes out of retirement at 44
NBC News· 2025-12-11 03:30
[cheering] Tonight, what's old is new again. Legendary NFL quarterback Philip Rivers coming out of retirement, joining the Indianapolis Colts practice squad at age 44. >> I'll try not to get emotional, actually.>> Rivers, an eight-time Pro Bowler, last played for the Colts in January 2021. Since then, the father of 10 and grandfather has started coaching high school football. >> I wasn't really hanging on any hope of playing again.I kind of I kind of thought that ship had sailed. >> But this week, after Col ...
NWSL's Washington Spirit owner on player pay
CNBC Television· 2025-12-10 20:00
You have talked many times about investing in women's sports as a business, not a charity. Well, one of the reasons that Trinity Rodman may leave is she can get paid more money overseas than she can in the NWSL. When you see that, do you think to yourself, we need to come up with a different system here. We need to come up with either a higher cap or different ways to pay these athletes.>> Yeah. So, the financial is only one of many uh uh criteria that players um think about when they make their decisions. ...
X @THE HUNTER ✴️
GEM HUNTER 💎· 2025-12-09 21:02
RT THE HUNTER ✴️ (@TrueGemHunter)💎 @SCORProtocol keeps getting more interesting.🔸It is not only about fan engagement. They are building liquidity pools IP tools and smooth cross chain movement while bringing Sports into every chain.🔸With utility like Gems and SCOR ID they aim to create a full Sports focused multichain money system not just another small game.🔸 Your IP will not just sit there but actually move and work across chains.🔸Feels like one of the first real attempts to bring Sports liquidity into th ...
X @THE HUNTER ✴️
GEM HUNTER 💎· 2025-12-09 20:17
💎 @SCORProtocol keeps getting more interesting.🔸It is not only about fan engagement. They are building liquidity pools IP tools and smooth cross chain movement while bringing Sports into every chain.🔸With utility like Gems and SCOR ID they aim to create a full Sports focused multichain money system not just another small game.🔸 Your IP will not just sit there but actually move and work across chains.🔸Feels like one of the first real attempts to bring Sports liquidity into the wider onchain world. ...
X @THE HUNTER ✴️
GEM HUNTER 💎· 2025-12-08 22:47
RT SCOR (@SCORProtocol)SCOR is working to build the largest programmable sports IP network ever assembled.A lineup of teams, leagues, and athletes is already onboarding into the ecosystem.@Tmizzone breaks it down in the clip below ⬇️ https://t.co/hoTXOnVhXv ...