Times Group

Major League Cricket scores $120m funding commitment

Last updated : Jun 26, 2022 17:06

SportzPower Team

May 20, 2022 17:05

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NEW YORK: Major League Cricket (MLC), promoted by Times Group-led American Cricket Enterprises (ACE), USA Cricket's commercial rights partner, has announced an initial close of a $44 million Series A and A1 fundraising round.

Satya Nadella, CEO of Microsoft and a part-owner of the Seattle Sounders franchise in Major League Soccer, has been announced as a lead investor in the fundraise for MLC, the six-team franchise T20 competition that is targeting a 2023 launch.

May 02, 2022 07:05

Knight Riders Group to invest $30m in cricket stadium near LA

NEW YORK: The Knight Riders Group - principal owners of Kolkata Knight Riders and Trinbago Knight Riders, as well as a founder investor in Major League Cricket (MLC), USA Cricket's official upcoming franchise league that has Times Group as the major stakeholder, Sunday confirmed plans to construct a new cricket stadium in Southern California near Los Angeles.

May 25, 2021 18:05

Times Group-owned US T20 league defers launch to 2023

MUMBAI: Times Group-owned American Cricket Enterprises (ACE), USA Cricket's commercial rights partner, has deferred the launch of Major League Cricket (MLC), the Indian Premier League-templated T20 tournament that was targeting launch in 2022, by a year to 2023. Reason: The ongoing COVID-19 pandemic.

Dec 01, 2020 12:12

Knight Riders early stage investor in proposed US T20 league

MUMBAI: Times Group-owned American Cricket Enterprises (ACE), USA Cricket's commercial rights partner, has confirmed that the Shah Rukh Khan co-owned Knight Rider Sports Pvt Ltd (KRSPL) has been inducted as a "key investor" in Major League Cricket (MLC), the Indian Premier League-templated T20 tournament that is targeting launch in 2022.

Jan 04, 2020 13:01

Himanshu Mody joins Times Group as corporate director: Report

MUMBAI: Media conglomerate Bennett Coleman & Co. Ltd (Times Group) has appointed Himanshu Mody, former Essel Group head of Finance & Strategy, as Group corporate director, Television Post reports.

Nov 06, 2019 10:11

Times Grp investment arm infuses $5m in fantasy soccer platform

MINNEAPOLIS, MN: Starting 11 Inc., a Minneapolis-based fantasy soccer platform, has received backing in the form of a $5 million investment from Brand Capital, the strategic investment arm of Bennet, Coleman and Company Ltd (BCCL).

Jun 01, 2019 17:06

US T20 league: Rival challenges Times Group's deal in Denver court

NEW YORK: American Cricket Premier League LLC (ACPL) has filed a lawsuit against the national (USA Cricket) and international (ICC) governing bodies of cricket, challenging the bidding process used by the two organizations to select a partner to launch a professional Twenty20 cricket league in the US.

May 24, 2019 19:05

Times Group commits $1bn to grow T20 league in US

COLORADO SPRINGS, Colorado: The Times Group is committing $1 billion over the next decade to develop a professional T20 cricket league in the US. The launch of the new professional league is slated for 2021.

Mar 14, 2019 15:03

Times Group invests in sports messenger app Machaao

MUMBAI: Bennett Coleman and Company Limited (BCCL) or The Times Group, India’s largest media conglomerate, announced Thursday that its strategic investment arm, Brand Capital has invested in Machaao Inc., a global digital sports media company.

May 29, 2018 14:05

NBA tips off content partnership with Times Studio

MUMBAI: The National Basketball Association (NBA) and Times Studio, a digital video content company of Times Group, have announced a partnership to deliver game highlights and produce original programming for fans in India through Times Internet Limited (TIL) platforms.

Apr 02, 2018 14:04

Cricbuzz launches analysis show for IPL

MUMBAI: Times Group owned cricket portal Cricbuzz has announced the launch of Cricbuzz Live, an analysis show for the upcoming IPL season with popular cricket experts and anchors. Starting with a curtain raiser on Friday (April 6), Cricbuzz will stream over 150 live shows of pre-match, mid-innings and post-match analysis.

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