REVOLT is owned by Comcast along with hedge fund investment firm Highbridge Principal Strategies and Sean Combs Enterprises...
MARIA BARTIROMO (MSNBC): Was it tough to get the financing to start Revolt TV?
SEAN COMBS: When I actually put up the starting finance myself. Then I worked with a group of private investors (Ron Burkle) and-a financial organization called Highbridge. And it-- you know-- I had to sell my vision, you know
http://www.cnbc.com/id/101130071
Highbridge Principal Strategies is now a multi-billion dollar business that manages debt and equity opportunities with longer-term holding periods, including: loan, mezzanine, private equity and other investments.
Highbridge Principal Strategies is a subsidiary of Highbridge Capital Management, which itself is a subsidiary of JPMorgan http://www.hpsgrowthequity.com/
"Godfather" Ron Burkle Invested $100 million in Sean Combs's (P. Diddy) Sean John clothing line and is godfather to Sean Comb's children
http://therealdeal.com/issues_articles/burkle-buys-low/
Burkle helped finance Al Gore's cable Current TV network.[11]
Burkle is also known for a tussle with the New York Post which tagged him the "Billionaire Party Boy".
Pittsburgh Penguins
He is part owner of the Pittsburgh Penguins[12] National Hockey League team, although his current share is unknown. He co-owns the franchise with Penguins legend Mario Lemieux. The Penguins were given the Stanley Cup in 2009.
Technology investments[edit]
He has invested in technology startup companies through A-Grade Investments, a venture capital fund founded by Ashton Kutcher, Guy Oseary and Ron Burkle.[13] A] SoundCloud[15] and Airbnb.[16]
Wild Oats[edit]
Wild Oats Markets was an operator of natural foods stores and farmers' markets in North America. Burkle started buying Wild Oats stock in February 2005. By the time Whole Foods Market, a natural-foods grocer, agreed to pay $565 million for Wild Oats, Burkle was the largest shareholder of Wild Oats.[19]
Golden State Foods[edit]
Burkle sold his majority stake in supplier Golden State Foods to St. Louis-based Wetterau Associates for about $110 million. Golden State, one of McDonald's biggest suppliers, operates 11 distribution centers in the United States and abroad and two U.S. processing plants.[20]
Follieri and the Vati-Con scandal[edit]
On April 30, 2008, a Delaware judge dismissed Burkle's lawsuit against Raffaello Follieri, ex-boyfriend of actress Anne Hathaway, after he agreed to repay $1.3 million Burkle loaned to him in the Vati-Con Scandal.[21]
Investments and transactions[edit]
Burkle's investments and transactions include
MARIA BARTIROMO (MSNBC): Was it tough to get the financing to start Revolt TV?
SEAN COMBS: When I actually put up the starting finance myself. Then I worked with a group of private investors (Ron Burkle) and-a financial organization called Highbridge. And it-- you know-- I had to sell my vision, you know
http://www.cnbc.com/id/101130071
Highbridge Principal Strategies is now a multi-billion dollar business that manages debt and equity opportunities with longer-term holding periods, including: loan, mezzanine, private equity and other investments.
Highbridge Principal Strategies is a subsidiary of Highbridge Capital Management, which itself is a subsidiary of JPMorgan http://www.hpsgrowthequity.com/
"Godfather" Ron Burkle Invested $100 million in Sean Combs's (P. Diddy) Sean John clothing line and is godfather to Sean Comb's children
http://therealdeal.com/issues_articles/burkle-buys-low/
Burkle helped finance Al Gore's cable Current TV network.[11]
Burkle is also known for a tussle with the New York Post which tagged him the "Billionaire Party Boy".
Pittsburgh Penguins
He is part owner of the Pittsburgh Penguins[12] National Hockey League team, although his current share is unknown. He co-owns the franchise with Penguins legend Mario Lemieux. The Penguins were given the Stanley Cup in 2009.
Technology investments[edit]
He has invested in technology startup companies through A-Grade Investments, a venture capital fund founded by Ashton Kutcher, Guy Oseary and Ron Burkle.[13] A] SoundCloud[15] and Airbnb.[16]
Wild Oats[edit]
Wild Oats Markets was an operator of natural foods stores and farmers' markets in North America. Burkle started buying Wild Oats stock in February 2005. By the time Whole Foods Market, a natural-foods grocer, agreed to pay $565 million for Wild Oats, Burkle was the largest shareholder of Wild Oats.[19]
Golden State Foods[edit]
Burkle sold his majority stake in supplier Golden State Foods to St. Louis-based Wetterau Associates for about $110 million. Golden State, one of McDonald's biggest suppliers, operates 11 distribution centers in the United States and abroad and two U.S. processing plants.[20]
Follieri and the Vati-Con scandal[edit]
On April 30, 2008, a Delaware judge dismissed Burkle's lawsuit against Raffaello Follieri, ex-boyfriend of actress Anne Hathaway, after he agreed to repay $1.3 million Burkle loaned to him in the Vati-Con Scandal.[21]
Investments and transactions[edit]
Burkle's investments and transactions include
- Leveraged buyouts of Jurgensen's, Fred Meyer, Food 4 Less, and Ralphs supermarket chains, and sold to Kroger for $13.5 billion;
- Signed Fleming as sole food supplier to Kmart;
- Majority stake in Pathmark grocery stores
- Invested $100 million in Sean Combs's (P. Diddy) Sean John clothing line;
...the league generates Billions in revenue and it keeps climbing because of TV Deals,merchandise and sponsors...they're trying to make the game international because of all the
better than the white man getting rich off us
