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Bally Sports Kansas City parent Diamond Sports Group inches closer to bankruptcy

February 24, 2023 by Kansas City Business News - Local Kansas City News | Kansas City Business Journal

Diamond Sports Group, parent company of Bally Sports Kansas City, appears closer to bankruptcy just as the Kansas City Royals are limbering up in spring training. The company, a subsidiary of Sinclair Broadcasting Group Inc. (Nasdaq: SBGI), skipped its $140 million debt payment Feb. 15, the Baltimore Business Journal reports. Diamond owns 19 regional sports networks that broadcast professional games, including the Royals. As Diamond enters its 30-day grace period, it said it plans to continue to…

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Super Bowl tale of the tape: Chiefs vs. Eagles, Kansas City vs. Philadelphia [GRAPHIC]

February 10, 2023 by Kansas City Business News - Local Kansas City News | Kansas City Business Journal

With the Kansas City Chiefs and Philadelphia Eagles squaring off Sunday evening in Super Bowl LVII, we thought it would be worth exploring a tale of the tape of the two cities and their teams. The graphic below looks as team-specific data as well as broader economic comparisons. Obviously, the Kelce brothers have a link beyond this game, but the team's coaches also share a connection — to each other and to their opponent's city.

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AMC Entertainment exits theater business in Saudi Arabia

February 3, 2023 by Kansas City Business News - Local Kansas City News | Kansas City Business Journal

AMC Entertainment Holdings Inc., the first operator to enter Saudi Arabia after it lifted a ban on movie theaters, has sold its stake in the venture for $30 million but will continue to license its AMC Cinemas name in the kingdom for current and future locations. The Leawood-based company (NYSE: AMC), the world’s largest theater operator, entered Saudi Arabia in 2018, ending the nation’s 35-year ban on cinemas with a showing of “Black Panther.” At the time, AMC planned to operate as many…

Filed Under: Uncategorized

McCownGordon Construction promotes Johnson to be its first chief marketing officer

February 3, 2023 by Kansas City Business News - Local Kansas City News | Kansas City Business Journal

McCownGordon tasks Sheri Johnson with continuing to help shape the builder's strategic initiatives in the newly created position.

Filed Under: Uncategorized

KC’s Housing Trust Fund issues $11.2M in funding for affordable units

February 3, 2023 by Kansas City Business News - Local Kansas City News | Kansas City Business Journal

After a $7.95 million first round, Kansas City's Housing Trust Fund makes a second set of allocations that will support creating or preserving 542 affordable housing units.

Filed Under: Uncategorized

The Builders names McCombs as chair for 2023

January 27, 2023 by Kansas City Business News - Local Kansas City News | Kansas City Business Journal

Brandy McCombs, founder and president of IBC, now will lead The Builders, a chapter of AGC. The group formed by merging the memberships of the Kansas City chapter of Associated General Contractors and The Builders' Association.

Filed Under: Uncategorized

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