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Comcast Spectacor
Comcast Spectacor is an American sports and entertainment company and division of Comcast based in Philadelphia, Pennsylvania. It owns the Philadelphia Flyers of the National Hockey League, the Philadelphia Wings of the National Lacrosse League, the Seoul Infernal of the Overwatch League, and formerly owned the Philadelphia 76ers of the National Basketball Association and the Maine Mariners of the ECHL. The company owns and manages the Wells Fargo Center and formerly managed the Spectrum in South Philadelphia, plus several community skating rinks in the Philadelphia region. The Comcast SportsNet (CSN) regional sports networks were also owned by Comcast Spectacor prior to parent company Comcast's acquisition of NBCUniversal in January 2011; CSN is now operated through NBC Sports. The company was formed in 1974 by Flyers founder and chairman Ed Snider as Spectacor, the parent company of both the Flyers and the Spectrum. Snider had been instrumental in getting the Spectrum b ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct Commercial law, legal entities for the purposes of taxation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it. The ''Houston Chronicle'' highlighted that the creation of a division "is substantially easier than developing subsidiaries. Because a division is an internal segment of a company, not an entirely separate enti ...
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National Lacrosse League
The National Lacrosse League (NLL) is a professional box lacrosse league in North America. The league comprises 14 teams8 in the United States and 6 in Canada. The NLL is headquartered in Philadelphia, Pennsylvania, Philadelphia, Pennsylvania. The NLL ranks third in average attendance for pro indoor sports worldwide, behind only the National Hockey League (NHL) and National Basketball Association (NBA). Unlike other box lacrosse leagues, which play in the summer, the NLL plays its games in the winter and spring, from December to June. Each year, the playoff teams battle for the National Lacrosse League Cup. The NLL has averaged between 8,900 and 10,700 spectators per game each year since 2004. Box lacrosse rules The NLL plays four 15-minute quarters with 2-minute breaks between quarters and a 15-minute half-time. At the start of the each quarter and after every goal, players "face-off" at the center of the field to determine who will get possession. This is done by the two pl ...
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Canada
Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of countries and dependencies by area, second-largest country by total area, with the List of countries by length of coastline, world's longest coastline. Its Canada–United States border, border with the United States is the world's longest international land border. The country is characterized by a wide range of both Temperature in Canada, meteorologic and Geography of Canada, geological regions. With Population of Canada, a population of over 41million people, it has widely varying population densities, with the majority residing in List of the largest population centres in Canada, urban areas and large areas of the country being sparsely populated. Canada's capital is Ottawa and List of census metropolitan areas and agglomerations in Canada, ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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Josh Harris (businessman)
Joshua Jordan Harris (born December 29, 1964) is an American investor and sports team owner. Harris is a co-founder of the private equity firm Apollo Global Management and managing partner of the NBA team Philadelphia 76ers, the NHL team New Jersey Devils, and the NFL team Washington Commanders. He is additionally a general partner of the English football club Crystal Palace F.C., Crystal Palace and holds a minority stake in Joe Gibbs Racing. Harris left Apollo in 2022 to focus on Harris Blitzer Sports & Entertainment, which he formed with David Blitzer in 2017 as a holding company for their shared sports properties. Harris earned a degree in economics from the Wharton School at the University of Pennsylvania in 1986 and an MBA from Harvard Business School (HBS) in 1990, forming Apollo with Leon Black and Marc Rowan following graduation. He headed independent groups that acquired the 76ers in 2011, the Devils in 2013, and the Commanders in 2023. Other companies founded include H ...
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NBC Sports
NBC Sports is an American programming division for NBCUniversal, a division of Comcast, that is responsible for sports broadcasts on their broadcast network NBC, the Cable television, cable channels NBC owns, and on Peacock (streaming service), Peacock. The division is officially owned and operated by NBCUniversal's subsidary NBC Sports Group. Formerly operating as "a service of NBC News", it broadcasts a diverse array of sports events, including Big East Conference, Big East basketball, Big Ten Conference, Big Ten football and basketball, NASCAR, the National Football League (NFL), Notre Dame Fighting Irish football, Notre Dame football, the Olympic Games, PGA Tour golf, the Premier League, the Tour de France, and Thoroughbred racing among others. With Comcast's Acquisition of NBC Universal by Comcast, acquisition of NBCUniversal in 2011, its own cable sports networks were aligned with NBC Sports into a part of the division known as the NBC Sports Group. History Early years ...
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NBCUniversal
NBCUniversal Media, LLC (abbreviated as NBCU and Trade name, doing business as NBCUniversal or Comcast NBCUniversal since 2013) is an American Multinational corporation, multinational mass media and Show business, entertainment conglomerate (company), conglomerate that is a subsidiary of Comcast and headquartered at 30 Rockefeller Plaza in Midtown Manhattan in New York City. It is mostly involved in the media and entertainment industry, named for its two most significant divisions: the NBC, National Broadcasting Company (NBC)—one of the United States' Big Three (television networks), Big Three television networks—and Universal Pictures, one of the Major film studios, major Hollywood film studios. It also has a significant presence in broadcasting through a portfolio of domestic and international properties, including USA Network, USA, Syfy, Bravo (American TV network), Bravo, Oxygen (TV network), Oxygen, E!, Telemundo, Golf Channel, CNBC, Universo (TV channel), Universo, the ...
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Acquisition Of NBC Universal By Comcast
On December 3, 2009, telecommunications company Comcast announced its intent to acquire mass media company NBC Universal from General Electric (GE). The acquisition was subject to scrutiny from activists and government officials; their concerns primarily surrounded the potential effects of the vertical integration that the acquisition could create, as Comcast is also heavily involved in cable television and internet services in many media markets. The deal went through on January 28, 2011, resulting in Comcast owning 51% of the company until March 19, 2013, when GE divested its stake to give Comcast sole ownership. Through this acquisition, Comcast gained ownership of the National Broadcasting Company ( NBC), the film studio Universal Pictures, cable channels such as Syfy, CNBC and MSNBC, and Universal Parks & Resorts, among other assets owned by NBC Universal. It has also integrated its own cable channels – including E! and Golf Channel – into NBC Universal. As ...
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Comcast SportsNet
NBC Sports Regional Networks is the collective name for a group of regional sports networks in the United States that are primarily owned and operated by the NBCUniversal division of the cable television company Comcast. The networks were originally established as Comcast SportsNet (CSN), a unit of Comcast's cable television business, beginning with a network in Philadelphia which launched in 1997. Their operations were aligned with the national NBC Sports division following the 2011 acquisition of NBCUniversal by Comcast. NBC Sports Regional Networks' business and master control operations are based in Englewood Cliffs, NJ. The group operates four regional networks; Comcast also has a partial ownership interest in SportsNet New York, which is co-owned with Charter Communications and the New York Mets. Each of the networks carries regional broadcasts of sporting events from various professional, collegiate and high school sports teams (with broadcasts typically exclusive to eac ...
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Spectrum (arena)
The Spectrum (later known as CoreStates Spectrum, First Union Spectrum and Wachovia Spectrum) was an indoor arena in Philadelphia, Pennsylvania. The arena opened in September 1967 as part of what is now known as the South Philadelphia Sports Complex. After several expansions of its seating capacity, it accommodated 18,168 for basketball and 17,380 for ice hockey, arena football, indoor soccer, and box lacrosse. The final event at the Spectrum was a Pearl Jam Backspacer Tour, concert on October 31, 2009. The arena was demolished between November 2010 and May 2011. History Opened as the Spectrum in September 1967, Philadelphia's first modern indoor sports arena was built to be the home of the expansion Philadelphia Flyers of the National Hockey League, NHL, and also to accommodate the existing Philadelphia 76ers of the National Basketball Association, NBA. The building was the second major sports facility built at the south end of Broad Street (Philadelphia), Broad Street in an ...
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ECHL
The ECHL (formerly the East Coast Hockey League) is a minor professional ice hockey league based in Shrewsbury, New Jersey, with teams across the United States and Canada. Competitively, it is a tier below the American Hockey League (AHL). The league serves as a farm system to the AHL and National Hockey League (NHL). The ECHL and the AHL are the only minor leagues recognized by the collective bargaining agreement between the NHL and the National Hockey League Players' Association (NHLPA), meaning any player signed to an entry-level NHL contract and designated for assignment must report to a club in either the ECHL or the AHL. Additionally, the league's players are represented by the Professional Hockey Players' Association (PHPA) in negotiations with the ECHL itself. At least 739 players have played at least one game in the NHL after appearing in the ECHL. As of the 2024–25 season, 30 of the 32 NHL teams held affiliations with an ECHL team, with only the Columbus Blue ...
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Maine Mariners (ECHL)
The Maine Mariners are a professional ice hockey team in the ECHL that began play in the 2018–19 ECHL season, 2018–19 season. Based in Portland, Maine, the team plays their home games at Cross Insurance Arena. The team participates in the North Division of the Eastern Conference. The team replaced the American Hockey League's Portland Pirates after the franchise became the Springfield Thunderbirds in 2016. History Efforts to bring hockey back to Portland On May 23, 2016, the Portland Pirates' franchise was sold and relocated to Springfield, Massachusetts, and became the Springfield Thunderbirds. A team of investors headed by former Pirates executives W. Godfrey Wood and Brad Church — the latter a former Portland player as well — announced their intentions to put an ECHL team in Portland to fill the void, joining as early as 2017. However, progress to attain a franchise by the Portland group stalled until four groups, none of which involved Wood, submitted their own pr ...
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