Author: J.R. Lind

Ade Patton Named Oak View Group CFO

PATTON ON THE MOVE: Ade Patton previously was CFO of HBO Max/Global DTC at WarnerBros Discovery. (Courtesy Oak View Group) Former with WarnerBros Discovery exec will be based in Denver Oak View Group, the global venue development, advisory and investment company for the sports and live entertainment industries, announced Ade Patton as chief financial officer.Patton will direct and oversee the global financial and accounting activities of OVG, the parent company of Pollstar and VenuesNow. Based in Denver, Colorado, Patton will report to OVG chairman and CEO Tim Leiweke. He assumes his new role effective immediately.“I’m pleased that Ade will be joining OVG as our new Chief Financial Officer,” said Leiweke in a statement. “Ade is a seasoned financial executive who has helped lead world-class companies, and I look forward to having him on our team to help guide OVG’s continued strategic and sustainable growth at scale.” “I am both proud and… Continue Reading Ade Patton Named Oak View Group CFO

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OVG Acquires UK’s Rhubarb

Oak View Group has completed its purchase of Rhubarb Hospitality Collection, one of the world’s leading high-end hospitality providers, the company announced Thursday.

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SoFi Smacks Down WrestleMania Records; WWE, UFC Parent Announce Merger

The two days of WrestleMania are always the biggest weekend in pro wrestling. The 39th edition of WWE’s signature event generated plenty of noise (and plenty of revenue) but the headlines stretched out of the weekend and into Monday and out of the blogs and in to the business section. Bleary-eyed aficionados of the American art of exaggeration and savage beauty woke Monday to news WWE would merge with UFC parent company Endeavor group to form a new. as-yet-unnamed parent company valued at more than $21 billion, with more than $9 billion coming from WWE. WWE shareholders will hold 49 percent of shares in the new company. That fulfilled the promise that WWE founder Vince McMahon made when he returned to the company in January, less than six months after he was forced out in a cloud of scandal surrounding settlement payments made from company funds to women making allegations… Continue Reading SoFi Smacks Down WrestleMania Records; WWE, UFC Parent Announce Merger

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