“Peter Kenyon Joins CAA Sports to Lead the Agency’s International ... - Financial Post” plus 4 more |
- Peter Kenyon Joins CAA Sports to Lead the Agency’s International ... - Financial Post
- Northrop Grumman to sell advisory business for $1.65B - Chicago Tribune
- F5 ARX Select' Program Helps Channel Partners Drive Data Solutions ... - TMCnet
- THE INFLUENCE GAME: Business aided by jobless bill - Investors Business Daily
- Research and Markets: Mobile Applications Stores: Europe - Market ... - PR Inside
| Peter Kenyon Joins CAA Sports to Lead the Agency’s International ... - Financial Post Posted: 09 Nov 2009 05:39 AM PST Peter Kenyon, former Chief Executive of Chelsea FC and Manchester United, has joined CAA Sports to lead its international efforts. Considered one of the most influential executives in global sports, Kenyon joins CAA Sports' leadership team and will be responsible for guiding the agency's growth overseas in such areas as athlete representation, endorsements, sports properties for sales and sponsorship, media rights, and corporate consulting, among others. Additionally, Kenyon will develop CAA Sports' London operations, helping to build a dedicated international sales and management team. In just three years since its inception, CAA Sports, a division of leading entertainment and sports agency Creative Artists Agency (CAA), has become the United States' foremost player representation firm, representing more than 500 of the world's best athletes, coaches, broadcasters, and sports personalities. CAA Sports also works in the areas of corporate marketing, broadcast rights, and sports properties sponsorships. "I have worked with CAA Sports over the past two years with Chelsea and have learned a lot from their approach and their team culture, which enables them to work effectively across a wide and exciting range of clients, both individuals and companies," said Kenyon. "In a short period of time and in an increasingly competitive environment, CAA Sports has established itself as a leader in U.S. sports, and I look forward to helping grow its international presence and creating new opportunities for the agency and its clients overseas." Kenyon, who remains a non-executive director of Chelsea, had been Chief Executive at Stamford Bridge under owner Roman Abramovich since 2004. He built Chelsea FC into a global brand and most recently spearheaded the multi-million-dollar renegotiation of its jersey sponsorship deal with Samsung. During his tenure, Chelsea FC won the FA Cup in 2007 and 2009, and the prestigious Premiership in 2005 and 2006 and reached the Champions League Final in 2008. "Peter's outstanding record of success at the highest levels of international sports, plus his deep industry relationships and vast knowledge of the marketplace, will help us accelerate the momentum of our existing businesses and provide clients with unparalleled insight," said CAA Managing Partner David O'Connor. Added CAA Sports Co-Head Howard Nuchow, "Through our representation of Chelsea FC, we have had the opportunity to work closely with Peter and experience first-hand his collaborative, strategic approach to brand and business development. We are thrilled to work with him in his new role at CAA." Prior to joining Chelsea FC, Kenyon was Chief Executive of Manchester United, where he secured Nike as team sponsor, bringing in £303 million over 13 years; brokered a £30 million sponsorship deal with Vodafone; and orchestrated a ground-breaking merchandising partnership with the New York Yankees. Previously, he was the Production Director and Chief Executive of Sportswear at Umbro. Kenyon joined Umbro as Operations Director in 1986, when the company's annual revenues were £16 million. He became Managing Director in 1993, redirected the company's focus to football (soccer), and relocated the manufacturing to China. When he left the company in 1997 to join Manchester United, Umbro had become highly profitable, generating more than £600 million annually. CAA Sports has agents based in numerous international territories including the United Kingdom, Portugal, Sweden, Russia, Japan, and Israel. The agency has a global partnership with Gestifute, a leading sports management company, to represent the world's premier soccer players and coaches, including 2008 FIFA World Player of the Year Cristiano Ronaldo, the celebrated manager of InterMilan José Mourinho, Anderson (Manchester United), Nani (Manchester United), and Deco (Chelsea FC), among many others. Additionally, CAA Sports represents the 2009 UEFA Champion FC Barcelona and Chelsea FC. Its Tennis division represents the world's #3-ranked men's tennis player Novak Djokovic, #4-ranked Andy Murray, #2-ranked woman on the Women's Tennis Association (WTA) Tour Dinara Safina, the 2009 French Open Champion and #3-ranked Svetlana Kuznetsova, and Andre Agassi and Stefanie Graf, among others. CAA most recently launched its Golf division with the signing of international legend Greg Norman and his company, Great White Shark Enterprises. The agency has negotiated some of the industry's most ground-breaking deals and won a multitude of sports' most widely sought-after partnerships, while continuing to foster the growth of its player representation business. Clients, among others, include NFL players Peyton Manning and Tony Romo; the NBA's LeBron James, Carmelo Anthony, and Dwyane Wade; MLB's Derek Jeter and Ryan Howard; the NHL's Sidney Crosby and Evgeni Malkin; soccer stars Ronaldo and David Beckham; and NASCAR champion Jimmie Johnson; in addition to several of the world's iconic venues including Yankee Stadium, Madison Square Garden, and Stamford Bridge. It has represented five of the last six #1 overall choices in the NFL Draft, as well as the first overall selection in the NHL Draft four of the past five years, including John Tavares in 2009, and won the highest amount ever awarded a player in MLB salary arbitration history. Additionally, CAA Sports represents more than three dozen NBA All-Star and emerging players including James, Anthony, Wade, Chris Bosh, Tony Parker, and Allen Iverson. Kenyon will be based in CAA's London office. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6094453&lang=en
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| Northrop Grumman to sell advisory business for $1.65B - Chicago Tribune Posted: 09 Nov 2009 05:17 AM PST Defense contractor Northrop Grumman Corp. on Sunday agreed to sell its government advisory business for $1.65 billion to a group of private equity investors led by General Atlantic and Kohlberg Kravis Roberts & Co. The decision to sell TASC Inc. is part of Century City-based Northrop's efforts to comply with a new federal conflict-of-interest law, which regulates companies that advise the government on weapons systems while also building them. The deal also shows that private equity investors are back in the game after many slow months during the recession and credit crunch. "TASC is a remarkable organization with a proud 43-year heritage of supporting critical national security missions," Northrop Chief Executive Ronald D. Sugar said in a statement. The transaction, he said, "reflects Northrop Grumman's desire to align quickly with the government's new organizational conflict-of-interest standards." Loren Thompson, a defense policy analyst for the Lexington Institute in Virginia, said the sale showed that Northrop was focusing on its future under the Obama administration. "The company made the decision to be building weapons systems rather than evaluating them," he said. The choice to sell was a relatively easy one to make, Thompson said, because building military hardware is Northrop's foundation. The company develops and makes a variety of military weapons including unmanned aircraft, satellites and nuclear submarines. It is one of the largest private employers in Southern California, with 27,000 workers. "Northrop knows that it can't expand in its core business and also go forward with TASC," Thompson said. "So the sale was the only logical outcome." Based in Chantilly, Va., TASC has 5,000 employees and expects revenue of about $1.6 billion in fiscal year 2009, Northrop said. TASC consults with government agencies on weapons systems, creating a potential conflict of interest with Northrop's role as a defense contractor under the new law signed by President Obama in June. The Pentagon is still developing specific guidelines for compliance with the law. But analysts said that holding on to the consulting business could limit Northrop's ability to win defense contracts. The cash deal to sell TASC will probably generate about $1.1 billion after taxes, Northrop said. That money will be used to repurchase shares, the company said. Northrop stock closed up 62 cents at $52.37 on Friday, two days before the deal was announced. Northrop expects the deal, which must gain regulatory approval, to close by the end of the year. Jon B. Kutler, president of Admiralty Partners, a private aerospace investment firm in Century City, said the sale came at a time when many private equity firms have been under pressure to get a deal done. "Many firms haven't made a deal in the last 18 months, and there's anxiety out there to get something completed," he said. "This is a natural sale to extend on, even with such a large price attached." The TASC deal is the latest sign that financing markets may be starting to thaw after the economic meltdown. Last week, the biggest leveraged buyout of the year took place when private equity firm TPG and Canada Pension Plan bought IMS Health Inc. for $4 billion in cash. TASC was attractive to private equity investors because many perceive the defense industry -- which is expected to account for $680 billion in government spending next year -- as less risky than other sectors, Kutler said. TASC was founded in 1966 by engineers from the Massachusetts Institute of Technology. It became part of Northrop when the company acquired Litton Industries in 2001. Sugar joined Northrop in that acquisition and became chief executive in 2003. In September, Sugar announced that he would step down at the end of the year. Wes Bush, Northrop president and chief operating officer, has been named as his successor. Sugar sold many businesses during his tenure at Northrop, but this is one of his biggest deals, Kutler said. "Sugar was good at pruning off the businesses that didn't fit into Northrop," he said. "I don't think that's the case here. The company probably would have liked to keep TASC. They just couldn't jeopardize the biggest part of their business to do it." This content has passed through fivefilters.org. | |
| F5 ARX Select' Program Helps Channel Partners Drive Data Solutions ... - TMCnet Posted: 09 Nov 2009 06:36 AM PST
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F5 �ARX Select' Program Helps Channel Partners Drive Data Solutions BusinessSEATTLE --(Business Wire)-- F5 Networks (News - Alert), Inc. (NASDAQ: FFIV), the global leader in Application Delivery Networking (ADN), today announced that its �ARX® Select' program for North American channel partners has strengthened F5's Data Solutions business. The goal of the ARX Select program, announced in July 2009, is to reward F5's best ARX partners for driving incremental business. The program defines a new level of relationship designed to build business with channel partners who have the required skills, storage expertise, and desire to lead with ARX for file virtualization opportunities.
"F5's ARX Select program has enhanced our partnership with F5 in several ways, allowing us to paint a more diverse and complete virtualization and consolidation picture for our customers, and go deeper into our existing and net new accounts," said Paul Kerr, President, Scalar Decisions, Inc. "In addition, the program has helped to open new storage opportunities by providing an outside, agnostic solution that will simplify file storage environments regardless of past or future vendor choices. With enterprises challenged by rapidly growing storage expenditures along with labor-intensive tasks and increasing data management costs we continue to be bullish about the file virtualization market. Our expertise in unstructured and semi-structured data, combined with F5® ARX solutions, truly hit the sweet spot of the escalating storage problems that enterprises face today." "The ARX Select program underscores F5's commitment to the file virtualization market and our channel partners who can add real value and help drive our Data Solutions line of business," said Dean Darwin, VP of Worldwide Channel Sales at F5. "The program encourages deeper engagement surrounding ARX deployments and motivates partners to differentiate their services from other F5 partners selling ARX. Scalar is an excellent example of a partner who has met the ARX Select criteria and has clearly differentiated themselves as a key strategic storage partner for F5." To become an ARX Select partner in North America, a reseller must meet certain requirements as published by F5. Once these requirements are met, the partner automatically earns �ARX Select Tier' status, which entitles the partner to increased profits when closing ARX business, and access to leads from F5 sales teams. The market conditions are ripe for the value proposition that file virtualization offers, according to TheInfoPro. "The top key areas cited by Fortune 1000 organizations for triggering dynamic growth of networked storage include database servers and data warehouse, application data, new applications, file and multimedia, and email," said Robert Stevenson, Managing Director of Storage Research for TheInfoPro. "This escalating growth of file-based data intensifies the need for organizations to manage it better. Storage professionals must think strategically, focusing on the areas of virtualization and automatic tiering, and look to technologies such as F5's ARX as a solution to support these new trends." During F5's FY 2009, the company's ARX revenue grew each of the past three quarters, with recent FYQ4 results reflecting 13 percent year-over-year growth compared to FYQ4 2008. The ARX customer base has diversified significantly with growing customer deployments across the healthcare, construction/architecture, media, government, energy, manufacturing, retail, and pharmaceutical verticals. To learn more about F5's partner programs or to contact an F5 reseller or distributor, please visit www.f5.com/partners. About F5 Networks F5 Networks is the global leader in Application Delivery Networking (ADN), focused on ensuring the secure, reliable, and fast delivery of applications. F5's flexible architectural framework enables community-driven innovation that helps organizations enhance IT agility and dynamically deliver services that generate true business value. F5's vision of unified application and data delivery offers customers an unprecedented level of choice in how they deploy ADN solutions. It redefines the management of application, server, storage, and network resources, streamlining application delivery and reducing costs. Global enterprise organizations, service and cloud providers, and Web 2.0 content providers trust F5 to keep their business moving forward. For more information, go to www.f5.com. F5 and ARX are trademarks or service marks of F5 Networks, Inc., in the U.S. and other countries. All other product and company names herein may be trademarks of their respective owners.
This press release may contain forward-looking statements relating to future events or future financial performance that involve risks and uncertainties. Such statements can be identified by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of such terms or comparable terms. These statements are only predictions and actual results could differ materially from those anticipated in these statements based upon a number of factors including those identified in the company's filings with the SEC (News - Alert).
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| THE INFLUENCE GAME: Business aided by jobless bill - Investors Business Daily Posted: 06 Nov 2009 09:03 AM PST
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| Research and Markets: Mobile Applications Stores: Europe - Market ... - PR Inside Posted: 09 Nov 2009 04:20 AM PST 2009-11-09 13:21:03 -
Research and Markets ( www.researchandmarkets.com/research/5d989a/mobile_application : All smart phones come loaded with standard applications defined by the manufacturer. However, the network operators, looking for revenue opportunities, have encouraged the development of other applications that can be used on the cell phones they support. Using these applications will use the network services more and generate more revenue. The network operators established business relationships and development platforms to encourage the growth of these applications.The release of smart phones like Apple's iPhone, with its 65,000 supported applications required the need for a single point of access to these via an "application store". Various network operators, handset manufacturers and software developers are announcing plans for their "Mobile Application Store" ("MAS"). The MAS is a central location for purchasing supplemental mobile applications, possibly available for a fee. This report evaluates the state of the mobile application stores and its expected evolution. For example, Sun Microsystems is analyzed as they also announced plans their own MAS. The report also evaluates MAS consortiums such as Symbian and Android. Report evaluation will examine the MAS provided by the following handset manufacturers. - Research in Motion ("RIM") - Vodafone - The Mobile application market forecast is a $9.0 billion revenue opportunity over the next few years. "The closest thing I've seen to a 'business model' for marketing apps is to advertise like crazy until you get into the top 50 and once you're there, the top 50 list will start generating its own buzz ... But that's not a business model, that's like rolling the dice at a casino."
- What is the revenue opportunity for this market? - Handset Manufacturers: a comprehensive review of the Mobile Application Stores, development tools and support programs Companies Mentioned. - Apple
Research and MarketsLaura Wood, Senior Manager, press@researchandmarkets.com : mailto:press@researchandmarkets.com U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716 This content has passed through fivefilters.org. |
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