Comcast Spectacor

Comcast Spectacor
Comcast Spectacor
Private
Industry Sports management
Founded 1974 (1974)
Founder Edward M. Snider
Headquarters Philadelphia, Pennsylvania, U.S.
Key people
Ed Snider (Chairman)
Fred Shabel (Vice Chairman)
Dave Scott,(President) [1]
Gary Rostick, (CFO)[1][2]
Owner Ed Snider (37%)
Comcast Corporation (63%)
Subsidiaries Philadelphia Flyers
Spectra
Wells Fargo Center
Flyers Skate Zone
Website Comcast Spectacor

Comcast Sports Ventures d.b.a. Comcast Spectacor is a Philadelphia-based American sports and entertainment company. It owns the Philadelphia Flyers of the National Hockey League and formerly owned the Philadelphia 76ers of the National Basketball Association. The company owns and manages the Wells Fargo Center and formerly managed the Spectrum in South Philadelphia before that arena was demolished, plus several community skating rinks in the Philadelphia region known as Flyers Skate Zone. The Comcast SportsNet regional sports networks were also owned by Comcast Spectacor prior to parent company Comcast's acquisition of a majority stake in 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 built in 1967, and assumed control of the arena in 1971. He sold a 63% stake in Spectacor to Comcast in 1996, remaining the renamed Comcast Spectacor's chairman. Shortly afterward, Comcast Spectacor bought the 76ers; as the Spectrum's owner, Snider had been the Sixers' landlord since 1971. Comcast Spectacor sold the 76ers to Joshua Harris in 2011.

Spectra

Comcast Spectacor is the principal owner of Spectra (formerly Global Spectrum, Ovations and Paciolan). Globally, Spectra serves 300-plus clients at more than 400 properties including public assembly facilities throughout the United States and Canada, such as arenas, civic and convention centers, stadiums, university convocation center, trade and exposition centers, community ice rinks and theaters. Some of the arenas and stadiums currently managed by Spectra are:

Spectra is composed of three divisions: Venue Management (formerly Global Spectrum), Food Services & Hospitality (formerly Ovations Food Services), and Ticketing & Fan Engagement (formerly Paciolan).

Other businesses

Comcast Spectacor owns Ovations Food Services, which provides food and beverage services to arenas, stadiums, amphitheaters, fairgrounds and convention centers throughout the United States. The roots of the name Ovations go back to a restaurant in the Spectrum, which was located below the concourse.
New Era Tickets is the full-service ticketing subsidiary of Comcast Spectacor, and provides in-house ticketing in the US and Canada. In Philadelphia, the company operates under the name ComcastTIX and provides tickets to events at Wells Fargo Center, Liacouras Center at Temple University, Sun National Bank Center in Trenton, New Jersey, and the Borgata Hotel Casino and Spa in Atlantic City, New Jersey.

References

External links

This article is issued from Wikipedia - version of the Saturday, April 16, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.