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Roger Penske reacts after selling $135M IndyCar stake to FOX
Roger Penske bought the American open-wheel racing series and the Indianapolis Motor Speedway in 2019 and set his targets on taking the series back to its glory days. As a part of this vision, Penske Entertainment signed a contract with FOX for the media rights of the racing series.
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FOX CEO's IndyCar Move Threatens Penske's $130M EmpireFor decades, FOX has been synonymous with NASCAR. The post FOX CEO Confirms IndyCar Ambitions Go Beyond Broadcast as Roger Penske’s $130M Deal Turns Heads appeared first on EssentiallySports.
Penske Entertainment, the Roger Penske-owned entity that holds Indianapolis Motor Speedway and IndyCar among its assets, said ...
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IndyCar teams praise Penske-Fox Corp. dealIndyCar team owners say Fox Corporations' purchase of a stake in IndyCar's parent company could mean more venues and fan ...
Fox Corporation recently announced the acquisition of an interest in Penske Entertainment, which previously solely owned the NTT series.
Within a few short years, Fox, the fourth broadcast network, was a bona fide platform to reckon with (for the young demographics, in particular). And its next long-term success was drama The X ...
FOX is now leaner and stronger, with a focus on news, sports and broadcasting, he told the crowd. “We have created a company extremely well-positioned for growth,” Lachlan Murdoch said.
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The California governor's lawsuit against Fox News cites its settlement with Dominion, as well as Donald Trump's case against CBS.
Fox Broadcasting Company and Sinclair Broadcast Group have struck a multi-year deal to renew Fox network affiliations for stations across 25 U.S. markets, Variety has learned exclusively.
Fox Corp. ‘s broadcast subsidiary and No. 2 station group Sinclair have reached a multi-year renewal covering Fox affiliates in 25 markets. The stations reach about 11% of U.S. TV households.
Gray anticipates transactions closing in the fourth quarter of this year following receipt of regulatory approval and other customary conditions.
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