Tag Archives: Deal

Verizon is selling its Verizon Media unit for $5 billion to Apollo Global Management, Inc, and while Yahoo Small Business will not be included in the sale, it could mean a rebranding is in its future. That’s because after the sale, Verizon Media will be known as Yahoo (Verizon will retain a 10% stake in the company), which will continue to be led by CEO Guru Gowrappan. “Verizon Media is comprised of iconic brands such as Yahoo and AOL, as well as leading ad tech and media… Source link

The WNBA signed a multi-year deal with Google on Monday to be the presenting partner for the league’s playoffs, part of the technology giant’s efforts to help champion women’s sports. Twenty-five WNBA games will be televised on ABC and ESPN in celebration of the league’s 25th season, with Google as the presenting sponsor. The league will also have 40 games on CBS and CBS Sports Network. The WNBA will also have 12 games streamed on Twitter and 20 on Facebook. Google is the… Source link

NEW YORK (AP) — The WNBA signed a multiyear deal with Google on Monday to be the presenting partner for the league’s playoffs, part of the technology giant’s efforts to help champion women’s sports. Twenty-five WNBA games will be televised on ABC and ESPN in celebration of the league’s 25th season, with Google as the presenting sponsor. Google is the latest business to join the league as a “WNBA Changemaker,” a program that Commissioner Cathy Engelbert started last year.

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The private equity firm has been on a buying spree in the past few months, announcing deals to acquire the crafts retailer Michaels and the Venetian resort in Las Vegas. It has also had a shake-up in its senior ranks, with its co-founder, Leon Black, announcing in late March that he was stepping down as chairman after the revelation he had paid more than $150 million to the disgraced financier Jeffrey Epstein. Apollo declined to comment. Verizon didn’t respond to requests for comment…. Source link

Roku’s streaming devices are among the most popular in the US.  Sarah Tew/CNET Roku said Friday that Google‘s… Source link

The NFL draft doesn’t start until Thursday, but Trevor Lawrence is already making deals like a pro football player.  Lawrence, the overwhelming favorite to be the No. 1 overall pick in the draft, has signed a multi-year endorsement deal with the cryptocurrency investment app Blockfolio. The terms of the first-of-its-kind deal haven’t been disclosed, but he did receive a signing bonus that was paid out entirely in crypto and deposited into his Blockfolio account. A spokesperson for the… Source link

Nike’s longstanding partnership with Kobe Bryant, it seems, has ended. The deal between the company and Bryant’s estate expired this month, according to The Athletic’s Shams Charania, meaning his estate can now pursue new deals with other brands. “Kobe Bryant was an important part of Nike’s deep connection to consumers,” Nike said in a statement, via Charania. “He pushed us and made everyone around him better. Though our contractual relationship has ended, he remains a deeply loved… Source link

Jabari Parker is headed to Boston. Parker and the Celtics agreed to a two-year deal on Friday, according to The Athletic’s Shams Charania. To make room for Parker on their roster, the Celtics waived center Mo Wagner. Parker was waived by the Sacramento Kings last month, though he played in just three games with them this season. The Kings marked the fifth team he’s played for in the league, and fourth in the past three seasons. The former No. 2 overall draft pick underwent a second ACL… Source link

Over the past year, Google Cloud has focused its strategy in great part on pursuing media customers undergoing a digital transformation. On Wednesday, Alphabet’s GOOGL, +0.88% GOOG, +0.70% Google Cloud division said it landed its biggest deal yet in Latin America, a seven-year strategic partnership with Brazil’s largest media company, Grupo Globo, a privately-held, multibillion-dollar giant that is in the midst of a… Source link