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ATLANTA, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) today announced that Deborah Farrington, Co-Founder and Managing Partner of StarVest Partners, LP, has been appointed to the Cumulus Media Board of Directors. "Deborah is a highly respected and accomplished venture capital pioneer and experienced board member of Fortune 500 and leading public technology companies," said Mary G. Berner, President and Chief Executive Officer of Cumulus Media. "As such, Deborah brings valuable strategic insights that will support the execution of our audio-first strategy and nicely complement our existing Board expertise. We are confident that Deborah's proven business acumen will be

NEW YORK, July 29, 2022 (GLOBE NEWSWIRE) -- RedBall Acquisition Corp. (the "Company") (NYSE:RBACU, RBAC, RBACW))) today announced that it will redeem all of its outstanding ordinary shares that were included in the units issued in its initial public offering (the "public shares"), effective as of the close of business on August 17, 2022, as the Company will not consummate an initial business combination on or prior to August 17, 2022. Pursuant to the Amended and Restated Memorandum and Articles of Association (the "Articles"), if the Company does not complete its initial business combination by August 17, 2022, then the Company will: (i) cease all operations except for the purpose of wind

NEW YORK, June 01, 2022 (GLOBE NEWSWIRE) -- RedBall Acquisition Corp. ("RedBall") (NYSE:RBAC), a publicly traded special purpose acquisition company, and SeatGeek, the technology platform that is transforming the live event experience for fans, teams, and venues, announced today that on May 31, 2022 the companies have mutually agreed to terminate their previously announced business combination agreement and plan of reorganization (the "Business Combination Agreement") with immediate effect. The parties decided to terminate the Business Combination Agreement as a result of current unfavorable market conditions, particularly impacting growth technology companies. Andy Gordon, Partner at Re

NEW YORK, May 10, 2022 (GLOBE NEWSWIRE) -- RedBall Acquisition Corp. ("RedBall") (NYSE:RBAC), a publicly traded special purpose acquisition company with a focus on sports, media and data analytics, today announced that it has scheduled an extraordinary general meeting in lieu of annual general meeting of its shareholders (the "Special Meeting") to approve the proposed business combination (the "Business Combination") with SeatGeek, Inc. ("SeatGeek"). The Special Meeting will be held virtually via live webcast on June 1, 2022 at 9:30 a.m. ET, and RedBall shareholders can attend the Special Meeting using the virtual meeting instructions set forth on their proxy cards. The Company also annou

Recent additions Anna Baird and Melissa Selcher bolster the company's Board, bringing in world-class experience across finance, operations, and marketing to support SeatGeek's long-term growth objectives SeatGeek, the technology platform that is transforming the live event experience for fans, teams, and venues, today announced its Board of Directors that will lead the combined company subsequent to the closing of the previously announced business combination between SeatGeek and RedBall Acquisition Corp. ("RedBall") (NYSE:RBAC), a publicly traded special purpose acquisition company ("SPAC"). Subject to the approval of RedBall's shareholders and other customary closing conditions, the Boar

SeatGeek, the tecology platform that is transforming the live-event experience for fans, teams, and venues, today announced record financial results for the fourth quarter and fiscal year ended December 31, 2021. As previously announced, SeatGeek entered into a Business Combination Agreement with RedBall Acquisition Corp. ("RedBall"), a publicly traded special purpose acquisition company (NYSE:RBAC). Key Financial Results   $ Million For the Three Months Ended   December 31, 2021 September 30, 20211,2 December 31, 2020 Net revenue $82.5 $56.8 $4.8 Gross profit 47.6 35.4 (3.6) Contribution Margin3 6.8 4.9 (8.6) Los

NEW YORK, March 01, 2022 (GLOBE NEWSWIRE) -- SeatGeek, Inc. ("SeatGeek"), the high-growth live event technology platform, today announced that management will attend the following investor conferences: JMP Securities Technology ConferenceMonday, March 7, 2022San Francisco, California Morgan Stanley Technology, Media & Telecom ConferenceTuesday, March 8, 2022San Francisco, California Deutsche Bank 30th Annual Media, Internet & Telecom ConferenceMonday, March 14, 2022Palm Beach, Florida Management will host one-on-one investor meetings at all three conferences. To schedule a one-on-one meeting with SeatGeek, please contact your representative at each respective firm. As previously annou

SeatGeek, the high-growth, mobile-centric technology platform that is transforming the live-event experience for fans, teams, and venues, today announced its Q3 2021 financial results, including record net revenue and gross profits for a single quarter. As previously announced, SeatGeek recently entered into a Business Combination Agreement with RedBall Acquisition Corp. ("RedBall"), a publicly traded special purpose acquisition company (NYSE:RBAC). Key Financial Results $ Million   Three months ended     September 30, 2021   June 30, 20211   September 30, 20202 Net revenue   $59.7   $40.9   $2.8 Gross profit   36.7   25.5   (4.2)

St. Louis CITY SC joins a growing list of MLS clubs that have chosen SeatGeek as their box office ticketing partner SeatGeek, the high-growth, mobile-centric technology platform that is transforming the live-event experience for fans, teams, and venues, today announced a partnership with St. Louis CITY SC to become the club's primary ticketing provider as the team prepares for its inaugural Major League Soccer (MLS) season in 2023. The announcement makes St. Louis CITY SC the seventh MLS team to partner with SeatGeek as the platform continues to grow its MLS presence. Over the past five years the majority of new MLS teams entering new venues have chosen SeatGeek, including Minnesota United

NEW YORK, Dec. 02, 2021 (GLOBE NEWSWIRE) -- SeatGeek, the high-growth live event technology platform, today announced that management will host investor meetings on Monday, December 6, 2021 at the Raymond James Virtual Technology Investors Conference. To schedule a one-on-one meeting with SeatGeek, please contact your representative at Raymond James. As previously announced on October 13, 2021, SeatGeek and RedBall Acquisition Corp. ("RedBall") (NYSE:RBAC), a publicly traded special purpose acquisition company sponsored by RedBall SponsorCo LP, an affiliate of RedBird Capital Partners, entered into a definitive business combination agreement. The boards of directors of both RedBall and

RedBall Acquisition Corp. ("RedBall") (NYSE:RBAC), a publicly traded special purpose acquisition company, and SeatGeek, the technology platform that is transforming the live event experience for fans, teams, and venues, announced today that on May 31, 2022 the companies have mutually agreed to terminate their previously announced business combination agreement and plan of reorganization (the "Business Combination Agreement") with immediate effect.   The parties decided to terminate the Business Combination Agreement as a result of current unfavorable market conditions, particularly impacting growth technology companies. Andy Gordon, Partner at RedBird Capital, on behalf of RedBall, said, "

  On Thursday, 94 companies set new 52-week lows. Interesting Facts About Today's 52-Week Lows: Medtronic (NYSE:MDT) was the biggest company on a market cap basis to set a new 52-week low. Performance Shipping (NASDAQ:PSHG) was the smallest company when considering market cap to set a new 52-week low. NRX Pharmaceuticals (NASDAQ:NRXP)'s stock came under the most pressure, trading down 63.34% to reach a new 52-week low. Centogene (NASDAQ:CNTG)'s stock bounced back the most, actually rising 0.0% after reaching its new 52-week low. Stocks that set new 52-week lows on Thursday are as follows: Medtronic (NYSE:MDT) stock drifted down 4.4% on Thursday morning to hit a new 52-week low o

Following the slap heard around the world, comedian Chris Rock is headed back to the comedy stage for his first tour in five years. The interest in Rock has led to a surge in ticket prices and additional show dates added, making comedy venues and ticket resellers the big winners from the incident at the Academy Awards. What Happened: Rock was slapped by actor Will Smith at the 94th Academy Awards on Sunday, March 27, 2022. The event was watched by millions on television, airing on ABC, a unit of Walt Disney Co (NYSE:DIS). Outside of watching the event, the slap became the talk of the town and trended on social media for what already seems like weeks. Now as Rock returns to the comedy stag

After 42 seasons, Mike Krzyzewski will say goodbye to Duke University with the 2021-2022 his last season leading the Blue Devils. Saturday’s matchup against rival North Carolina will mark Coach K’s last game at Cameron Indoor Stadium, home of the Blue Devils. The Matchup: The Duke Blue Devils are 26-4 on the season and hold a 16-3 record in the ACC. North Carolina holds a 22-8 record overall and a 14-5 record in the ACC. Duke is averaging 80.3 points per game, ranked 12th in NCAA Division 1. The team ranks 11th in assists (17.3) and 55th in rebounds (38.6). North Carolina averages 78.1 points per game and ranks 35th in the country in rebounds with 39.7 per game. The team met earlier th

https://www.bbc.com/news/entertainment-arts-59665134

St. Louis CITY SC joins a growing list of MLS clubs that have chosen SeatGeek as their box office ticketing partner NEW YORK & ST. LOUIS--(BUSINESS WIRE)-- SeatGeek, the high-growth, mobile-centric technology platform that is transforming the live-event experience for fans, teams, and venues, today announced a partnership with St. Louis CITY SC to become the club’s primary ticketing provider as the team prepares for its inaugural Major League Soccer (MLS) season in 2023. The announcement makes St. Louis CITY SC the seventh MLS team to partner with SeatGeek as the platform continues to grow its MLS presence. Over the past five years the majority of new MLS teams entering new venues have chos

Ownership of sports teams has often been limited to the wealthy or family members who inherited the team. A handful of sports teams are publicly traded, offering investors the opportunity to buy shares in the company. A handful of sales have happened across the four major U.S. sports over the last year. Two more teams are potentially on the block. Could a SPAC targeting the sports industry and team ownership land a stake in a professional sports team? Sports Teams For Sale: Among the newest sports teams put up for sale are the Toronto Blue Jays of Major League Baseball and the Denver Broncos of the National Football League. A sale of the Toronto Blue Jays could be put on hold given the l