tracknet media

CDI AND MAGNA TO DISSOLVE TRACKNET MEDIA

PRESS RELEASE Churchill Downs Incorporated (NASDAQ: CHDN) (“CDI”) and MI Developments Inc. (TSX: MIM.A, MIM.B; NYSE: MIM) (“MID”) today announced that the joint venture TrackNet Media Group (“TrackNet Media”), originally formed between CDI and Magna Entertainment Corp. (“MEC”), will be dissolved.  CDI and MID’s wholly owned subsidiary MI Developments Investments Inc. will remain partners […]

Continue reading
TRACKNET MEDIA AND MIDATLANTIC COOPERATIVE REACH AGREEMENT

Press Release TrackNet Media Group, LLC (“TrackNet”) and the MidAtlantic Cooperative, L.L.C. (“MidAtlantic”) today announced that they have reached an agreement regarding the purchase by MidAtlantic members of the simulcast signals of racetracks affiliated with TrackNet.  TrackNet affiliated racetracks currently running live race meets include Fairground Racecourse, Santa Anita Park, Gulfstream Park, Oaklawn Park, […]

Continue reading
GULFSTREAM PARK: HALF-BAKED IN THE FLORIDA SUN

By Ray Paulick How cold was it at Gulfstream Park in South Florida last weekend? So cold that local legend Hash Weinstein thought of wearing socks for the first time in his life. So cold the volleyballs at Frank’s beach all were sadly deflated. It was so cold racing fans couldn’t have cared less whether […]

Continue reading
MIDLANTIC COOPERATIVE TAKES ON TRACKNET STATEMENT

Press Release     MidAtlantic Cooperative, L.L.C., a purchasing cooperative representing 17 racetracks, has engaged in good faith negotiations with TrackNet Media, LLC commencing in August 2009.   At that time, TrackNet presented its proposal which included an unprecedented increase in host fee rates – rates higher than paid by other racetracks and other simulcast outlets […]

Continue reading
CHURCHILL AND THE ADW WARS

By Ray PaulickIs anyone really surprised to see Churchill Downs Inc. involved in yet another dispute with horsemen’s organizations over contractual terms for account wagering or advance deposit wagering? The incident in California involving TrackNet Media, the company CDI owns in partnership with Magna Entertainment, is the latest in a series of contractual and legal […]

Continue reading
MONDAY MORNING QUARTERBACK: CHURCHILL VS. HORSEMEN

Ray Paulick What in the world is going on inside the Churchill Downs Inc. executive offices? It’s slashed purses at Calder Race Course in South Florida by 17% and whacked almost $1 million from the fall stakes program at its home track in Louisville, Ky. Key management changes have been made at Calder and Fair […]

Continue reading
HRTVG?

By Ray Paulick TVG, the horse racing channel sold earlier this year when parent Gemstar-TV Guide was purchased by the digital technology company Macrovision (MVSN) , is now being shopped around to potential buyers by Swiss-based financial services company UBS, the Paulick Report has learned. The auction of TVG gives the horse racing […]

Continue reading
Twitter Twitter
Paulick Report on Instagram