Recent articles and press releases highlighting Evolution Media Capital's successfully closed transactions and team accomplishments.

Jul 28, 2014

Sacramento Kings Sign Lucrative TV Extension

Sports Business Journal: The Sacramento Kings have signed a 20-year media rights extension with NBC Sports Group worth between $690 million and $700 million, another sign of the team’s resurgence under owner Vivek Ranadivé.  The new deal replaces an agreement that expired this summer. It was negotiated by Kings President Chris Granger and NBC Sports Group President Jon Litner. Evolution Media Capital’s Alan Gold consulted with the Kings in negotiating the new agreement.

Jun 26, 2014

Joe Roth Sells Revolution Studios For $250 Million

Variety: Joe Roth’s 14-year-old Revolution Studios has been acquired for $250 million by Fortress Investment Group, according to several sources close to the sale. Revolution was carrying roughly $175 million in debt, which was absorbed by Fortress, which borrowed approximately $150 million to make the sale, say several sources familiar with the transaction.  Evolution Media Capital acted as the sell-side adviser in the transaction. 

Oct 7, 2013

MLS Opens Talks With ESPN, NBC

Sports Business Journal: MLS has started negotiations to extend its media deals with ESPN and NBC Sports Group.  The league is in an exclusive negotiating window with ESPN that expires at the end of this month. It also is in an exclusive negotiating period with NBC Sports Group, and while it’s unclear when that window closes, it’s expected to be before ESPN’s window.