News: Finance
Cost for COVID-delayed Tokyo Olympics is double the original estimate
Organisers of last year’s COVID-delayed Tokyo Olympics have placed the final cost of the Games at US$13 billion (1.4 trillion Japanese yen) - twice the cost of what was forecast in…
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New report reveals global fitness industry’s profound economic impact
A new report from the International Health Racquet and Sportsclub Association (IHRSA) and the Global Health and Fitness Alliance has revealed the immense economic and socioeconomic impact…
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Asia-Pacific’s fitness industry achievements recognised at FIT Summit’s 2022 Awards of Excellence
Greg Oliver, Chief Executive and Managing Director of the Fitness and Lifestyle Group, has this week been recognised as the inaugural winner of the John Holsinger Lifetime Achievement Award…
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Indian Premier League media rights sold in record-breaking deal
The streaming and TV rights for the Indian Premier League - the world's richest cricket competition - have been sold for a record US$6 billion for the next five years. Disney-owned…
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Latest Sales Masterclass to deliver skills everyone can learn
The upcoming second industry sales and marketing training seminar being delivered by Impact Training Corporation and the National Sales Academy is to present Two Skills Everyone Can Learn…
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International Olympic Committee posts revenues of US$7.6 billion for elongated Olympic cycle
The International Olympic Committee has declared revenues of US$7.6 billion for the 2017 to 2021 Olympic cycle with the delayed Tokyo 2020 Olympics helping to increase its revenues to…
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Amnesty International urges FIFA to compensate Qatar’s World Cup 2022 migrant workers
Amnesty International has urged world football global governing body FIFA to fund a major compensation program for migrant workers who it says have suffered labour abuses in the…
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Sports rights and sports media revenues set for 5.6% growth across APAC through 2022
The market for sports rights and sports media revenues across Asia Pacific recovered in 2021 after the damaging impact of the Covid-19 pandemic in 2020 and is expected to grow at a…
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