Absolute Sports Acquires Majority Stake in Pro Football Network, Expands Reach in the U.S. Sports Media Market
DELAWARE CITY, Del., March 22, 2023 (Newswire.com) - Absolute Sports, the parent company of Sportskeeda and one of the world's leading providers of sports news and analysis with over 76 million monthly active users, announced today that it has signed definitive agreements, subject to closing conditions, to acquire a 73.27% stake in Pro Football Network LLC, a premier source of coverage and analysis of the NFL and college football. This marks the first acquisition for Absolute Sports in the U.S. sports media market as it looks to bolster its existing user base and offerings in the U.S. The all-cash transaction includes a primary infusion of capital and secondary stock purchases.
With more than an average of 5 million unique monthly active users, Pro Football Network is widely recognized as one of the best NFL-focused sports sites in the country. Its in-depth coverage of the NFL, including unique content and tools aimed at fantasy football users, will add value to Absolute Sports' existing portfolio of sports media brands. The acquisition will help both companies derive synergistic value, enabling extended coverage from the U.S.
"We are thrilled to welcome Matt and the entire team at Pro Football Network to the Absolute Sports family. This is our first step in building a portfolio of sports media brands, deeply focused on the largest sports markets in the U.S.," said Anirudh Kumar, Chief Strategy Officer of Absolute Sports. "PFN's highly engaged and passionate user base of football fans will be a great complement to our other brands, including Sportskeeda, which already have a large user base in the U.S."
"We are confident that by replicating our hyper-growth playbook across our family of brands, we will continue to deliver outstanding experiences to sports audiences and build a dominant position in the U.S. sports media landscape," Kumar said, highlighting Absolute Sports' commitment to expanding its portfolio via more aggressive M&A and replicating its success across all brands.
PFN was founded in 2019 by its current Chief Executive Officer, Matthew Cannata, and Chief Administrative Officer, Aaron Sutton. The company's relentless focus on quality content across different mediums, along with the release of its Mock Draft Simulator in 2020, has fueled its growth and has helped make it one of the top three sites for NFL news and analysis in the U.S. according to SimilarWeb rankings of January 2023.
"This is a huge day for Pro Football Network. For quite some time, we were looking for the perfect partner and Absolute Sports is just that," said Cannata. "Their strategic investment and the resources they will provide us will change the football media landscape and allow us to compete on a global level with the biggest brands across the world."
Contact Information:Shiv Kalappa
PR & Communication- Manager, Sportskeeda
[email protected]
+91-7411266021
Original Source: Absolute Sports Acquires Majority Stake in Pro Football Network, Expands Reach in the U.S. Sports Media Market
Crypto.ro Announces Crypto Event ‘The Alliance’
TIMIŞOARA, Romania, March 22, 2023 (Newswire.com) - Crypto.ro, a leading online platform for cryptocurrency and blockchain news, is proud to announce its first-ever crypto event, "The Alliance." This annual gathering will take place on Sept. 21, 2023, in the vibrant city of Timisoara, Romania, which has also been designated the European Capital of Culture for 2023.
The Alliance aims to foster crypto adoption and strengthen the European crypto community by bringing together industry leaders, innovators, and enthusiasts from across the continent to share the latest crypto news.
With the inaugural event in Romania, The Alliance will become an annual fixture in the European crypto calendar, moving to a different country each year. This innovative and exciting approach ensures that the event will continue to engage and connect with the ever-evolving and diverse European crypto community.
The Alliance will feature an array of expert speakers, panel discussions, and networking opportunities, all designed to educate, inspire, and encourage collaboration among participants. Attendees can expect insightful presentations on topics such as decentralized finance (DeFi), non-fungible tokens (NFTs), and the future of digital currencies, as well as information on the best crypto to invest in.
Crypto.ro's founder, Alex Numeris, expressed his excitement about the upcoming event: "We are thrilled to host the first edition of The Alliance here in Romania, especially during the year when Timisoara is the European Capital of Culture. Our goal is to create a space where crypto enthusiasts, industry leaders, and newcomers alike can come together to learn, share, and collaborate. The Alliance will help drive crypto adoption and foster a thriving community across Europe."
For more information about the event, including the full schedule and list of speakers, visit events.crypto.ro
About Crypto.ro
Crypto.ro is a premier online platform dedicated to providing the latest bitcoin news, analysis, and insights about the cryptocurrency and blockchain industry. Founded in 2020, Crypto.ro has rapidly become a trusted source of information for crypto enthusiasts, investors, and professionals across Europe.
The platform offers a variety of resources, including a free cryptocurrency course, articles on the best crypto exchanges and more.
Stay up-to-date with the most recent crypto news and bitcoin news by visiting https://crypto.ro
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Contact Information:Maya Parker
Public Relations Officer
[email protected]
Original Source: Crypto.ro Announces Crypto Event 'The Alliance'
Rock Legend Gene Simmons Steals the Show at Mending Kids’ Imagine Gala, Donates $250K, and Offers Up Signed Axe Guitar
LOS ANGELES, March 21, 2023 (Newswire.com) - Mending Kids' annual Imagine Gala: The Gift of the Future was a night to remember as 250 guests came together to celebrate the organization's upcoming milestone of mending its 5,000th child. The fundraiser took place on Saturday, March 18, 2023, at the Malibu Jewish Center and Synagogue, with the who's who of Malibu in attendance, including Jonathan Banks from Breaking Bad and Better Call Saul, Lizze Broadway, Brandon Jenner, Linda Thompson, Cindy Ambuehl, Don Diamont, and titan realtor Chris Cortazzo, who received the Love Award in recognition of his dedication to Mending Kids' mission.
The highlight of the night was rock legend Gene Simmons' impromptu speech and generous donation of a quarter of a million dollars to Mending Kids. He also offered up a signed version of his signature Axe Guitar at the live auction, selling for $75,000, and added on front-row seats with VIP backstage passes to a KISS concert and a personal dog walk to the winning bidder.
"Mending Kids is doing incredible work, and I'm proud to support them … I encourage everyone to get involved," said Simmons.
Making a special appearance at the Imagine Gala was Elise, a 5-year-old scoliosis patient from Cameroon. Mending Kids is happy to report that, earlier today, she received successful surgery, performed by Dr. Robert Cho, Chief of Staff of Shriners Children's Southern California, and Dr. Robert Bernstein, Chief of Staff of Shriners Portland. Dr. Cho and Shriners Children's Southern California were honored at the Gala with the Mend Award, for their long standing partnership with Mending Kids.
Mending Kids has been providing life-changing surgical care to children in need for 18 years. The organization's dedication to helping children from all over the world is unparalleled, and Mending Kids thanks everyone who made this year's Imagine Gala a huge success.
For more information about Mending Kids and how to get involved, please visit www.mendingkids.org.
Contact Information:Arielle Leviste
Program & Outreach Specialist
[email protected]
3239949285
Original Source: Rock Legend Gene Simmons Steals the Show at Mending Kids' Imagine Gala, Donates $250K, and Offers Up Signed Axe Guitar
Pinheads Entertainment Acquires Brownsburg Bowl and Plans Multi-Million Dollar Investment
FISHERS, Ind., March 21, 2023 (Newswire.com) - Pinheads Entertainment, based in Fishers, Indiana, announces the acquisition of Brownsburg Bowl, with plans to transform the facility into the premier entertainment destination for Brownsburg and the surrounding communities. The multimillion-dollar investment will include a complete renovation of the space, bringing updated amenities and exciting new experiences for visitors of all ages.
Pinheads Entertainment has established itself as a leader in the entertainment industry, with a proven track record of delivering unforgettable experiences to guests. With the acquisition of Brownsburg Bowl, Pinheads is excited to bring its signature blend of fun, food, and entertainment to this vibrant community.
Upon completion of the renovation, the space will feature state-of-the-art bowling lanes, a full-service casual restaurant and bar, a luxury arcade, a social area with duckpin bowling and modern darts, and a private events suite. These new amenities will provide guests with an unmatched entertainment experience, making Pinheads the perfect destination for family outings, date nights, corporate events, and more.
Brownsburg Bowl will remain open to the public and operating during the renovation, which is set to begin in the coming weeks, and be completed in 2024. Stay tuned for more updates on this exciting project. For more information about Pinheads, visit www.bowlatpinheads.com.
About Pinheads
Headquartered in Fishers, Indiana, Pinheads is a leader in the family entertainment industry providing state-of-the-art experiences, which include bowling, a luxury arcade, a casual restaurant and bar, private events, and more.
Contact Information:Ryne Barr
Chief Operating Officer
[email protected]
3177739988
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Original Source: Pinheads Entertainment Acquires Brownsburg Bowl and Plans Multi-Million Dollar Investment
