
NBA extends Emtek OTT media service rights deal in Indonesia
Nov 10, 2022 23:27 pm UTC| Sports Economy Business
The NBA renewed its broadcast partnership with Indonesia Entertainment Group (Emtek) originally signed in 2017, as its exclusive over-the-top (OTT) media service provider in the country. Coverage will be available in...

Arne Freundt starts work immediately as Puma CEO
Nov 08, 2022 23:20 pm UTC| Sports Economy Business
Arne Freundt took over as Puma CEO effective immediately to replace Bjorn Gulden who relinquished the post to head rival Adidas. Pumas appointment of Freundt as chief executive with immediate effect on Tuesday came...

NBA creates private equity division to increase investments in sports startups
Nov 08, 2022 23:16 pm UTC| Sports Economy Business
The NBA has created a new private equity division primarily focused on early-stage funding rounds in equipment, media, fan engagement, betting, and fantasy sports. The division could also look to invest in later-stage...

Seiko celebrates Shohei Ohtani's milestone with Astron Nexter series watch
Nov 07, 2022 23:54 pm UTC| Sports Life Economy Business
Seiko is releasing a new model for its Astron Nexter series to celebrate Los Angeles Angels star Shohei Ohtanis milestone of achieving double-digit wins and double-digit home runs in a single season in 104 years. The...

Young S. Koreans switching from golf to hiking amid high Inflation
Nov 03, 2022 23:33 pm UTC| Sports Economy Business
South Koreans in their 20s and 30s are ditching golf in favor of hiking amid high inflation, allowing the growth of outdoor gear revenue to outpace that of golf since September. Hyundai Department Stores outdoor gear...

Web3 provider Chain inks partnership deal with Miami Heat
Nov 01, 2022 23:20 pm UTC| Sports Economy Business Technology
Chain has inked an advertising and promotional partnership official Web3/Blockchain infrastructure of the NBAs Miami Heat. In the new partnership, Chain will have its logo on the Heats shooting shirt. Chain will also...

New Balance to celebrate Coco Gauff deal extension with signature colorway
Oct 31, 2022 23:51 pm UTC| Sports Economy Business
Tennis Star Coco Gauff has inked a long-term extension for her first contract with New Balance, which she signed at age 14. To celebrate the extension, New Balance is launching a new colorway of 18-year-old Gauffs...