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TKO Announces $1 Billion in Share Repurchases
Businesswire· 2025-09-15 11:15
NEW YORK--(BUSINESS WIRE)--TKO Group Holdings, Inc. (NYSE: TKO) ("TKO†or the "Company†), a premium sports and entertainment company, today announced that it has entered into an accelerated share repurchase agreement (the "ASR Agreement†) to repurchase $800 million of its outstanding Class A common stock. The Company also announced that it has entered into a 10b5-1 trading plan for the repurchase of up to $174 million of its outstanding Class A common stock (the "10b5-1 Plan†). In addition, on. ...
Trailblazer Acquisition Corp. Completes Upsized $275,000,000 Initial Public Offering
Globenewswire· 2025-09-11 20:05
New York, NY, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Trailblazer Acquisition Corp. (the “Company”) announced today the closing of its upsized initial public offering of 27,500,000 units, which includes 3,500,000 units issued pursuant to the partial exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $275,000,000. The Company’s units began trading on September 10, 2025 on the Nasdaq Global Stock Market LLC (“Nasdaq”) under the ti ...
Delårsrapport 1. Januar – 30. Juni 2025
Globenewswire· 2025-08-25 11:19
Koncernomsætningen udgjorde 645,5 mio. kr. i 1. halvår 2025 mod 633,1 mio. kr. i samme periode sidste år. Koncernens eksterne omkostninger, personaleomkostninger samt af- og nedskrivninger udgjorde samlet 672,9 mio. kr. i 1. halvår 2025, hvilket er en stigning på 69,4 mio. kr. sammenholdt med samme periode sidste år. Udviklingen i omsætningen, omkostningerne og af- og nedskrivningerne i forhold til samme periode sidste år kan primært henføres til et let fald i tilkøbsomsætning i Lalandia som følge af lidt æ ...
Fox Corporation Executives to Discuss Fourth Quarter and Full Year Fiscal 2025 Financial Results Via Webcast
Prnewswire· 2025-07-17 16:00
Group 1 - Fox Corporation will discuss its fourth quarter and full year financial results for the 2025 fiscal year on August 5, 2025, at 8:30 a.m. ET [1] - The financial results will be released at approximately 8:00 a.m. ET on the same day [1] - A live audio webcast of the presentation will be available for investors [1] Group 2 - Fox Corporation produces and distributes news, sports, and entertainment content through brands like FOX News Media, FOX Sports, and FOX Entertainment [2] - The company holds cultural significance and commercial importance, allowing it to engage audiences and develop consumer relationships [2] - Fox Corporation has a strong track record in the news, sports, and entertainment industry, shaping its strategy for future investments [2]
Grit, Gains, and Setbacks for Lottery.com and Sports.com Drivers in Fourth of July Weekend Battle at Mid-Ohio
Globenewswire· 2025-07-07 14:00
Core Insights - Lottery.com Inc. is actively involved in the NTT INDYCAR SERIES and INDY NXT, showcasing its brand through sponsorship of drivers and teams during high-profile racing events [2][8]. Performance Summary - Callum Ilott, driving for PREMA Racing, achieved his best result of the season by finishing P13 after starting from P24, demonstrating a strong recovery and effective race strategy [3][4]. - Louis Foster, a rookie with Rahal Letterman Lanigan Racing, qualified P6 and finished P14, maintaining his lead in the Rookie of the Year standings despite challenges during the race [5][6]. - Sebastian Murray, racing for Andretti Global, faced an early exit due to a collision on Lap 4, which ended his race prematurely after a promising start [7][8]. Company Statements - Matthew McGahan, CEO of Lottery.com and Sports.com, expressed pride in the drivers' performances, highlighting their achievements and the visibility of the brands during the Fourth of July weekend [8][9]. - Marc Bircham, Main Board Director, praised the drivers for their professionalism and competitive spirit, indicating confidence in their future performances as the season progresses [9]. Company Overview - Lottery.com Inc. operates a unified ecosystem that integrates gaming, entertainment, and sports, with brands including Sports.com, Tinbu, and WinTogether [10].
Fourth of July Weekend: Lottery.com and Sports.com Drivers Revved Up for Mid-Ohio Challenge
Globenewswire· 2025-07-04 11:00
Core Viewpoint - Lottery.com Inc. is actively involved in the NTT INDYCAR SERIES and INDY NXT by sponsoring drivers, aiming to enhance brand visibility and engagement in the sports and entertainment sectors [2][10]. Company Involvement - Lottery.com and Sports.com are sponsoring a driver trio participating in the 2025 NTT INDYCAR SERIES at the Mid-Ohio Sports Car Course, a significant event in the racing calendar [2][10]. - The company is focused on building momentum and consistency through its sponsorship, as the racing season intensifies with multiple events in July [5][9]. Driver Performance - Louis Foster, a rookie driver sponsored by Sports.com, has shown promising results, including a pole position at Road America and is currently just two points off the lead in the Rookie of the Year standings [4][5]. - Callum Ilott, driving for PREMA Racing, aims to improve his performance at Mid-Ohio after achieving his best result of the season at Road America [6][7]. - Sebastian Murray, making his debut at Mid-Ohio with Andretti Global, is noted for his recent strong performance and is considered a driver to watch as the competition tightens [8][9]. Event Details - The Mid-Ohio Sports Car Course is a 2.258-mile track known for its technical challenges, featuring 90 laps this year, which is an increase of 10 laps from 2024 [3][6]. - The event schedule includes practice sessions, qualifying, and the race, with broadcasts available in the USA and UK [9]. Leadership Commentary - Matthew McGahan, Chairman & CEO of Lottery.com and Sports.com, expressed pride in the drivers' performances and emphasized the importance of maintaining momentum during the racing season [10]. - Marc Bircham, Director of Lottery.com and Sports.com, highlighted the impressive performances of the drivers and the significance of the Mid-Ohio event as a driver's track [10].
Rogers Becomes Majority Owner of Maple Leaf Sports & Entertainment
Globenewswire· 2025-07-02 17:00
Core Viewpoint - Rogers Communications Inc. has successfully acquired BCE's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion, increasing its ownership to 75% and reinforcing its commitment to Canadian sports [2][3]. Group 1: Acquisition Details - The acquisition closed on July 1, 2025, after receiving all necessary regulatory and league approvals [6]. - The purchase price of C$4.7 billion was primarily funded through revolving bank credit facilities and cash on hand [6]. Group 2: Strategic Importance - MLSE is recognized as one of the most prestigious sports and entertainment organizations globally, and Rogers aims to leverage this ownership to enhance its sports portfolio [3][5]. - The acquisition positions Rogers as the largest owner in MLSE, which includes iconic sports teams and strengthens its leadership in Canadian sports [2][5]. Group 3: Investment Commitment - Over the past decade, Rogers has invested more than C$15 billion in Canadian sports and plans to continue this investment to bring championships to Canada [3][4]. - The company has established long-term strategic partnerships with the NHL and various Canadian teams, including a new 12-year agreement for national media rights through 2037-2038 [5].
FRE Nicotine Pouches Partners with PBR in the Brand’s Largest-Ever Sports Sponsorship
Globenewswire· 2025-07-02 13:00
Core Insights - FRE® Nicotine Pouches has entered a multi-year partnership with Professional Bull Riders (PBR) as the official partner of the Unleash The Beast series, marking FRE's largest sports sponsorship to date [1][2] Group 1: Partnership Overview - The partnership aims to connect with a passionate audience that appreciates authenticity and high-energy moments, aligning with FRE's innovative approach to nicotine [2] - PBR's viewership is on the rise, with events selling out across iconic venues, indicating a growing and engaged fan base [2] Group 2: Event Activation - FRE made its debut at the Kid Rock's Rock N Rodeo and PBR World Finals from May 16-18 at AT&T Stadium, introducing fans to an innovative nicotine experience [3] - The introduction of the "FRE Challenge Button" at the Championship allows bull riders to request a judges' review for a second chance at an official score, integrating FRE into the competition [3] Group 3: Future Engagement - The upcoming 2025 PBR Unleash The Beast season is expected to feature larger activations and deeper brand integration, enhancing fan engagement with FRE [5] - FRE's partnership with PBR is described as a long-term commitment, with plans for innovative activations and continued engagement with the Western sports audience [6] Group 4: Company Background - FRE is designed for nicotine users, aiming to provide a superior alternative to traditional nicotine pouches, and is produced by Turning Point Brands, a publicly traded company [7]
Lottery.com Expands Committed Financing Facility with Generating Alpha to $300 Million
Globenewswire· 2025-06-23 14:50
Core Viewpoint - Lottery.com has successfully amended its Stock Purchase Agreement with Generating Alpha Ltd., increasing the financing facility from $100 million to $300 million, which will save the company nearly $12 million over the life of the funding facility [1][2]. Financing Details - The financing facility has been expanded to $300 million, allowing for more accretive, cash-generating acquisitions to support share price growth [8]. - The effective discount rate has improved from 90% to 94%, reducing the effective discount to just 6% [8]. - The removal of the trading cushion provides greater flexibility in capital deployment [8]. - The structure has been simplified to align with investor protections [8]. Strategic Implications - The amendment reflects a deepening partnership with Generating Alpha, which is seen as a vote of confidence in the company's vision [2][3]. - The company aims to use the capital for core operational expenses and to fund revenue-generating acquisitions, enhancing shareholder value [3][4]. - The facility will help accelerate the closing of multiple acquisitions, including Concerts.com, which is expected to transform the company from a micro-cap to a mid-cap platform with real revenue and global visibility [3][4]. Operational Focus - The company has already drawn down $1.87 million from the facility for operational expenses and acquisitions [3]. - There is a focus on evaluating and prioritizing a pipeline of acquisition targets that are cash-flow positive and have tangible assets [4].
Lottery.com Executives Share Growth Strategy at FIFA Club World Cup US Kickoff
Globenewswire· 2025-06-17 15:30
Core Insights - Lottery.com Inc. is actively engaging in high-profile industry events to enhance its brand presence and strategic partnerships in the sports and entertainment sectors [1][2][3] Company Activities - The leadership team, including Chairman and CEO Matthew McGahan, participated in the FIFA Club World Cup's U.S. kickoff, attending the Paris Saint-Germain vs. Atlético Madrid match, which PSG won 4-0 [2] - The company is pursuing a British football club as part of its acquisition strategy, aiming to create long-term value through global fan engagement and international broadcast rights [2] Strategic Engagements - Company leaders held strategic meetings with global football dignitaries to discuss potential collaborations and investments [2] - An exclusive dinner hosted by FIFA and VFILES celebrated the launch of FIFA 1904, bringing together notable figures from football and entertainment to honor the Club World Cup [3] Future Plans - Following the Los Angeles events, the leadership delegation is set to travel to Miami for further high-level meetings and to attend the upcoming Club World Cup fixture between Bayern Munich and Boca Juniors [4]