Search: "privately owned entertainment company"

Plug Pulled on Dirk Ziff’s Palm Beach Pond

by The Editors on June 4, 2019

You might expect someone who inherited a massive fortune to be more frivolous with their money, you know, like blowing it on fringe sporting leagues, or building surf ponds on hot, dusty Central Californian farm land, but not the backer of a certain privately owned entertainment company specializing in event and online streamed content production (mostly surfing sport). No, Dirk Ziff is a savvy businessman who knows when to call it quits, and that’s exactly what his organization did with their plans for a wave pond in West Palm Beach, Florida recently.

More importantly Ziff is wise enough not to harm the rest of his surf interests by admitting in the press that his wave pond business model is terminally flawed. No, when Mr. Ziff pulls the plug on a project, he does what many businessmen have done before him, he blames the location. Here are the details in a story posted on Florida Today.

“The WSL is disappointed to confirm our decision to cancel the development of the wave basin planned for West Palm Beach, Florida. . . .The nature of this site, including the extremely high water table, exposed unforeseen challenges that made the decision around this unique project clear. These projects are complex and, in many ways, without precedent, and we have learned important lessons in this process.”

Seems the local “water table”  would have been the first thing wave pool planners would have investigated, however, often times the majority of the benefit of a project like a wave pool is the press announcement that it will be built, not on building it, or losing money running it. We’re bearish on the Dirk Ziff wave pond model in general. Let us know if they build another one anywhere in the world.

[Link: Florida Today]

{ 0 comments }

Fox Sports To Broadcast Surfing Sport

by The Editors on February 12, 2019

Fox Sports today announced that they have signed a deal making them the exclusive U.S. television broadcaster for shows produced by a certain privately owned entertainment company specializing in event and online streamed content production (mostly surfing sport).

FOX Sports will telecast more than 500 hours of [surf event] programming, including live contests and highlight shows, across FOX, FS1, FS2 and the FOX Sports app in 2019.

This just might mean we’ll end up watching some of the surfing sport shows this season. Haven’t for quite some time. . . we’ll see. We were surprised to see no mention of the Oprah Winfrey Network? Maybe that deal isn’t done yet. For the official word from Fox (including all the details we’ve purposely ignored in light of our own sad, tired, anti-establishment proclivities), please click the link.

[Link: Fox Sports]

{ 0 comments }

Entertainment Company Hires Executive

by The Editors on October 8, 2018

A certain privately owned entertainment company specializing in event and online streamed content production (mostly surfing sport) announced today the hiring of former Oprah Winfrey Network President Erik Logan as their new president of content, media and studios. The Hollywood Reporter has gone so far as calling it a “shakeup at OWN.”

There’s no doubt this guy’s CV is stacked. Take a look:

[Logan] led OWN’s turnaround from 2011 and has positioned the company today as the #1 cable network in its target demographic with 5 of the top 20 shows in scripted cable programs for women ages 25-54, more than any other cable network. Before OWN, Logan was Executive Vice President, programming and broadcast operations for XM Satellite Radio, where he helped build the subscriber base to over nine million subscribers, negotiated partnerships, and managed day-to-day relationships with major content providers including Major League Baseball, PGA Tour, CNN, Clear Channel Communications and Fox News. Prior to joining XM, Logan also served as President of Programming for Citadel Broadcasting, and served for over a decade at CBS/Infinity Broadcasting in a variety of roles, including Vice President of programming.

We’re worn-out just reading his bio. Think of how good Erik is at going to meetings? Can’t say this company isn’t hiring the best people they can find.

In addition to his deep biz cred, Logan is also described as an “avid waterman,” co-founder of Shred & Speed, LLC Infinity SUP, and co-owner in Nikau Kai Surf Shop in Manhattan Beach, California. Guess that means he knows which way his fins go.

We’ll just have to wait and see if Logan can find an audience or if he’ll have to branch out into something other than surfing if they really want to maximize their ROI. Maybe live SUP events or even scripted cable programs for women ages 25-54? Logan starts his new job in January 2019. 

{ 0 comments }

Gender Equal Prize Money For Pro Surfers

by The Editors on September 5, 2018

A privately owned entertainment company specializing in event and online streamed content production (mostly surfing sport) announced today that they will be equalizing prize money for men and women who perform in their content productions during the 2019 season.

The CEO of said company (who identifies as female) thinks this is a pretty big deal:

“This is a huge step forward in our long-planned strategy to elevate women’s surfing and we are thrilled to make this commitment as we reveal our new 2019 schedule,” she says. “This is the latest in a series of actions the League has undertaken to showcase our female athletes, from competing on the same quality waves as the men, to better locations, and increased investment and support.”  

Good on ya girls. Just what those prize purses will be has apparently not been announced. Either way, it’s time to get out there and snag some of this money while the content production company still has some.

{ 0 comments }

Margaret River Cancelled By Sharks

by The Editors on April 18, 2018

A certain privately owned entertainment company specializing in event and online streamed content production (mostly surfing sport) has reportedly shut down their production at Western Australia’s Margaret River due to sharks.

Following two separate incidents that occurred at nearby Gracetown on Monday, April 16, approximately 6 kms away from primary competition site at Main Break, the [company] actioned safety protocols and met with a variety of stakeholders for feedback over the past 48 hours before making the decision to cancel the event.

So, guess that’s one’s over. Seems this whole surfing content production business would be much more profitable if they’d simply shoot it TV style on a sound stage somewhere. They could shot a whole season in three weeks and then distribute it online over the year.

If only there were a TV production facility that had perfect waves and no sharks. . . wait, doesn’t Kelly Slater have a ranch somewhere that could accommodate this kind of production schedule? Think of it — surfers would no longer have to travel the world all year. They could stay in one place, get their work done in one month, and then spend the rest of the year free surfing at home. People who wanted to watch them surf could travel to the ranch, buy tickets and watch. Kelly’s ranch could become the Branson, Missouri of surfing. If only. . . 

{ 0 comments }

Kelly Slater Likes Beer Money

by The Editors on February 1, 2018

Health-minded, recently vegan, seemingly ageless, best-surfer-of-all-time Kelly Slater is reportedly appearing in an advertisement for a major label beer brand that will run during the 2018 Super Bowl (a previously popular televised event where beer ads are separated by footage of large men repeatedly crashing into each other while trying to move a ball across a lawn).

We’re speculating that he’s appearing in the ad (which also includes sporting stars that we didn’t recognize) as part of a sales play to get said beer company to sponsor events produced by a privately owned entertainment company specializing in event and online streamed content production (mostly surfing sport) that Mr. Slater is involved with.  But we have no knowledge of any such deals. What we did find entertaining was Mr. Slater rationalizing his appearance in the ad when questioned about it on Surfer.com.

I think everyone knows I don’t drink a lot, but I don’t mind a beer here and there, especially after a long day of surfing.. . . When somebody stands for something, people expect everything to perfectly align in that direction at all times. But I once drank a beer in a barrel in Tahiti in a heat. So I think people do understand that I have a beer from time to time. It’s just something culturally that goes along with the celebration of a win or competition or a long day doing something. Obviously anything done in excess is not a good thing, but I think a beer goes along with celebration.

And there it is. Kelly likes beer just enough to be in a commercial.

[Link: Surfer.com]

{ 0 comments }

Facebook Likes WCT Exclusive for 2018

by The Editors on January 25, 2018

Wanna watch Gabriel Medina (above) go after current world champion 2 John Florence next year on that surf series operated by a privately owned entertainment company specializing in event and online streamed content production (mostly surfing sport)? According to a story on Forbes.com you’ll have to do it on Facebook, because the days of watching the feed on the company’s website (and then airplaying it your TV) are over thanks to a payment of an estimated $30 million from Facebook for exclusive rights.

Facebook had non-exclusive rights to live WSL events last year with the competitions also broadcast on the WSL’s website and mobile app. Nearly 14 million people watched a World Surf League event on Facebook in 2017. “The exclusivity of this deal will elevate the profile surfing and the WSL have within the Facebook platform,” says Sophie Goldschmidt, WSL CEO.

Thrity-million dollars is a nice chunk for a business that has most likely been losing large sums of money each year since buying the tour. But we can say this, we watched a couple events last season, now if they’re only available on Facebook.com we won’t watch any and we don’t think we’re alone. So long pro surf tour. . . 

[Link: Forbes]

{ 0 comments }

ISA and That Surf Tour Unified On Olympics

by The Editors on December 20, 2017

The International Surfing Association (ISA) today announced an agreement with a certain privately owned entertainment company specializing in event and online streamed content production (mostly surfing sport) on the qualification principles for surfing in the Olympics Games Tokyo 2020.

In principle, the agreement will see up to 18 of the 40 places at the Games reserved for WSL Championship Tour (CT) surfers (10 men and eight women), with the remaining 22 places determined at the 2019 and 2020 ISA World Surfing Games, the 2019 Pan American Games in Lima, and a single slot (each for men and women) for the host nation (Japan).. . With the support of the WSL, the ISA eligibility rules for Olympic participation will require surfers to make themselves available for their national teams to compete in the ISA World Surfing Games in 2019 and 2020 and, if selected by their National Federation, to participate.

A little less that half the surfers will come from theSounds like a nice compromise. For the official word, from the two organizations, please follow the jump.

[click to continue…]

{ 0 comments }

Ziff’s Next Surf Pond: Palm Beach

by The Editors on October 30, 2017

Billionaire Dirk Ziff, who left his position on the board of The Weinstein Company earlier this month, appears to be planning a second of his wave ponds in Florida, according to a story in the Palm Beach Post

Palm Beach County commissioners on Thursday unanimously approved zoning for a wave park planned by . . .  billionaire Dirk Ziff.

Ziff, the co-owner of a certain privately owned entertainment company specializing in event and online streamed content production (mostly surfing sport), already owns one surf pond in Lemoore, California. Ziff was at the commissioners meeting, however he reportedly didn’t comment on the pond, the construction plans, or anything else.

[Link: Palm Beach Post]

{ 0 comments }

Jose Cuervo: Corpo Surfing’s New Best Friend

by The Editors on October 25, 2017

Nothing puts the stamp of quality on a sporting entertainment property like a good old hard alcohol sponsorship. And that’s what a certain privately owned entertainment company specializing in event and online streamed content production (mostly surfing sport) is doing with Jose Cuervo, according to a story on SportsProMedia.

Under the deal, which covers the remainder of this year, Jose Cuervo’s Tradicional brand will be aligned with two upcoming contests: next month’s season-ending Maui Women’s Pro, and the Billabong Pipe Masters, the final stop on the men’s Championship Tour, in December. . . “The partnership between the WSL and Jose Cuervo Tradicional is a great fit culturally,” said Beth Greve, the WSL’s chief commercial officer. “The WSL is thrilled to work with such a prestigious and famous brand, and one that has been endemic to beach culture for almost 40 years.”

Epidemic to beach culture indeed. 

[Link: SportsProMedia]

{ 0 comments }