controlling stakeholder

NEW YORK: Discovery, Inc., the global leader in real life entertainment, Tuesday announced the purchase of a 71% controlling stake in Play Sports Group – the digital sports media company behind market-leading cycling brands Global Cycling Network, Global Mountain Bike Network and Global Triathlon Network. 

Terms of the deal were not disclosed, but the move follows Discovery's recently unveiling a multiyear global content pact with its Golf TV streaming service, which will launch in 2019 under a deal with the PGA Tour and Tiger Woods. 

Jul 06, 2018 09:07
KOLKATA: City football giants East Bengal on Thursday roped in Quess Corp, one of India's leading business services providers, as its title sponsor and controlling stakeholder. The two sides have inked an agreement under which the I-League outfit will now be known as Quess East Bengal FC Pvt Ltd (QEBFC).