News: Finance
Pass required to visit most Northern Territory parks and reserves
All interstate and international visitors will now need to purchase a Parks Pass to visit most Northern Territory parks and reserves. Territorians are exempt from requiring a Parks Pass.…
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Court orders Mindbody founder Rick Stollmeyer to pay US$48 million over breach of duties to shareholders
A Court in the US state of Delaware has ordered former Mindbody Chief Executive Rick Stollmeyer and Vista Capital to pay approximately US$48 million because of Stollmeyer’s breach of…
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Sudden closure of UFC Gym Penrith
The latest in a series of gym closures across the country has seen the UFC Gym Penrith cease operations as of the end of last month. In a notice to members, the operators of the franchise…
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UFC acquires WWE in US$9.3 billion takeover deal
In a move that will create a sports entertainment juggernaut UFC (Ultimate Fighting Championship) has announced a US$9.3 billion ($13.5 billion) takeover of wrestling brand WWE. WWE will…
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Greater Shepparton City Council opens funding for sporting clubs
Greater Shepparton City Council has opened its Round Three of the ‘Our Sporting Future Funding Program’ for 2022/2023. The funding program offers grants for clubs to…
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Xponential Fitness reports 58% increase in revenue for 2022
USA-based Xponential Fitness has reported US$245 million in revenue in 2022 - a 58% increase on the previous year - during which it saw 511 new studio openings across its total franchised…
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F45 announces leadership changes with Mark Wahlberg named Chief Brand Officer
F45 Training Holdings Inc. has announced changes to its leadership team with the naming of industry veteran Tom Dowd as its new Chief Executive and Hollywood star and longtime F45 backer…
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Federal Office of Music provides further backing for venue-based music
The Federal Office of Music has this week announced that $2.5 million in targeted funding is available under the latest round of the Live Music Australia Program. The funding will assist…
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