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 but remained as chairman of the renamed Comcast Spectacor. 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 Josh Harris in 2011. In April 2016, Snider died at his home in California. On September 22, 2016, Comcast announced that it would buy out the remaining 24% that it did not already own.[2]
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:[3]
Wells Fargo Center is in Spectra's corporate hometown of Philadelphia. The Wells Fargo Center's predecessor, The Spectrum, is the namesake of the company.
Spectra is composed of three divisions: Venue Management (formerly Global Spectrum), Food Services & Hospitality (formerly Ovations Food Services), and Ticketing & Fan Engagement (formerly Paciolan).
On June 12, 2017, Learfield, acquired Spectra's Ticketing & Fan Engagement division - formerly known as Paciolan - from Comcast Spectacor.[4]
In August 2021, it was announced that Spectra would be merging with Oak View Group to form a full-service live events company.[5]
On November 19, 2021, Oak View Group completed the acquisition of Spectra to form a full-service live events company. [6]
Other businessesEdit
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.[citation needed]
Comcast Spectacor also oversees G4, a former video game-centric cable and satellite network that was operated by G4 Media from April 24, 2002 to December 31, 2014. The network was relaunched in November 2021 and shuttered in November of the following year.[9][10]
ReferencesEdit
^"Presenting the Philadelphia Fusion". Overwatch League. November 1, 2017.
^"Comcast Corporation To Acquire Ed Snider's Stake In Comcast Spectacor". corporate.comcast.com (Press release).
^. Global Spectrum. Archived from the original on April 3, 2015. Retrieved October 5, 2017.
^"Learfield to Acquire Spectra's Ticketing & Fan Engagement Division from Comcast Spectacor". finance.yahoo.com.
^"Oak View Group and Spectra to Merge, Creating a Leading Full-Service Live Events Company". prnewswire.com. Retrieved September 1, 2021.
^Group, Oak View. "Oak View Group Completes Major Acquisition of Spectra". www.prnewswire.com. Retrieved February 1, 2022.
^"SK Telecom, Comcast form e-sports venture". October 11, 2019.
^"SK Telecom and Comcast Spectacor Announce Global Esports Joint Venture". corporate.comcast.com. February 25, 2019.
^Spangler, Todd (July 24, 2020). "Long-Dormant Gaming Network G4 TV Teases 2021 Relaunch by Comcast Spectacor". Variety. Retrieved November 28, 2020.
^Hayes, Dade (October 16, 2022). "Comcast Pulls Plug On G4 TV, Ending Comeback Try For Gamer-Focused Network". Deadline. Retrieved October 17, 2022.
External linksEdit
Comcast-Spectacor
Spectra
October 25, 2023
comcast, spectacor, american, sports, entertainment, company, based, philadelphia, pennsylvania, owns, philadelphia, flyers, national, hockey, league, maine, mariners, echl, philadelphia, wings, national, lacrosse, league, seoul, infernal, overwatch, league, f. Comcast Spectacor is an American sports and entertainment company based in Philadelphia Pennsylvania It owns the Philadelphia Flyers of the National Hockey League the Maine Mariners of the ECHL the Philadelphia Wings of the National Lacrosse League the Seoul Infernal 1 of the Overwatch 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 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 Comcast SpectacorFormerlySpectacor 1974 1996 TypeSubsidiaryIndustryProfessional sportsFounded1974 49 years ago 1974 FounderEd SniderHeadquartersPhiladelphia Pennsylvania U S Key peopleDaniel Hilferty Chairman and CEO Todd Glickman Executive Vice President ParentComcast 1996 present SubsidiariesWells Fargo CenterPhiladelphia FlyersSeoul InfernalMaine MarinersPhiladelphia WingsFlyers Skate ZoneG4 MediaT1WebsiteComcast SpectacorThe 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 but remained as chairman of the renamed Comcast Spectacor 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 Josh Harris in 2011 In April 2016 Snider died at his home in California On September 22 2016 Comcast announced that it would buy out the remaining 24 that it did not already own 2 Contents 1 Spectra Experiences 2 Other businesses 3 References 4 External linksSpectra Experiences EditComcast 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 3 Addition Financial Arena at the University of Central Florida in Orlando Florida Angel of the Winds Arena in Everett Washington Atlantic City Convention Center and Boardwalk Hall in Atlantic City New Jersey Augusta Entertainment Complex in Augusta Georgia Budweiser Gardens in London Ontario Canada Chaifetz Arena at Saint Louis University in St Louis Missouri Children s Mercy Park in Kansas City Kansas Cleveland State University Wolstein Center in Cleveland Ohio Cross Insurance Arena in Portland Maine Cross Insurance Center in Bangor Maine Crown Coliseum in Fayetteville North Carolina CURE Insurance Arena in Trenton New Jersey Denny Sanford Premier Center in Sioux Falls South Dakota Duke Energy Convention Center in Cincinnati Ohio Fargodome in Fargo North Dakota Federal Way Performing Arts and Event Center Federal Way Washington Ford Entertainment Complex in Beaumont Texas Glens Falls Civic Center in Glens Falls New York Liacouras Center at Temple University in Philadelphia Pennsylvania Lowell Memorial Auditorium located in Lowell Massachusetts Overland Park Convention Center in Overland Park Kansas PPL Center in Allentown Pennsylvania RingCentral Coliseum in Oakland California Sears Centre Arena in Hoffman Estates Illinois a Chicago suburb SeatGeek Stadium in Bridgeview Illinois a Chicago suburb Sioux Falls Convention Center in Sioux Falls South Dakota South Okanagan Events Centre in Penticton British Columbia St Charles Convention Center in Saint Charles Missouri State Farm Stadium in Glendale Arizona Subaru Park in Chester Pennsylvania a Philadelphia suburb Tribute Communities Centre in Oshawa Ontario Canada Tyson Events Center in Sioux City Iowa University of Massachusetts Amherst William D Mullins Memorial Center located in Amherst Massachusetts University of Massachusetts Lowell Tsongas Center located in Lowell Massachusetts Value City Arena at The Ohio State University in Columbus Ohio Watsco Center at the University of Miami in Coral Gables Florida Wells Fargo Arena part of the Iowa Events Center in Des Moines Iowa Wells Fargo Center is in Spectra s corporate hometown of Philadelphia The Wells Fargo Center s predecessor The Spectrum is the namesake of the company WFCU Centre in Windsor Ontario XL Center in Hartford Connecticut Colisee Videotron in Trois Rivieres Quebec CanadaSpectra is composed of three divisions Venue Management formerly Global Spectrum Food Services amp Hospitality formerly Ovations Food Services and Ticketing amp Fan Engagement formerly Paciolan On June 12 2017 Learfield acquired Spectra s Ticketing amp Fan Engagement division formerly known as Paciolan from Comcast Spectacor 4 In August 2021 it was announced that Spectra would be merging with Oak View Group to form a full service live events company 5 On November 19 2021 Oak View Group completed the acquisition of Spectra to form a full service live events company 6 Other businesses EditComcast 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 citation needed 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 CURE Insurance Arena in Trenton New Jersey and the Borgata Hotel Casino and Spa in Atlantic City New Jersey Comcast Spectacor owns the Seoul Infernal an Overwatch League team The organization partnered with SK Telecom to establish a joint venture with T1 Entertainment amp Sports to develop esports teams around the world 7 8 Comcast Spectacor also oversees G4 a former video game centric cable and satellite network that was operated by G4 Media from April 24 2002 to December 31 2014 The network was relaunched in November 2021 and shuttered in November of the following year 9 10 References Edit Presenting the Philadelphia Fusion Overwatch League November 1 2017 Comcast Corporation To Acquire Ed Snider s Stake In Comcast Spectacor corporate comcast com Press release CRDA Awards Convention Center and Boardwalk Hall Facilities Management to Global Spectrum Global Spectrum Archived from the original on April 3 2015 Retrieved October 5 2017 Learfield to Acquire Spectra s Ticketing amp Fan Engagement Division from Comcast Spectacor finance yahoo com Oak View Group and Spectra to Merge Creating a Leading Full Service Live Events Company prnewswire com Retrieved September 1 2021 Group Oak View Oak View Group Completes Major Acquisition of Spectra www prnewswire com Retrieved February 1 2022 SK Telecom Comcast form e sports venture October 11 2019 SK Telecom and Comcast Spectacor Announce Global Esports Joint Venture corporate comcast com February 25 2019 Spangler Todd July 24 2020 Long Dormant Gaming Network G4 TV Teases 2021 Relaunch by Comcast Spectacor Variety Retrieved November 28 2020 Hayes Dade October 16 2022 Comcast Pulls Plug On G4 TV Ending Comeback Try For Gamer Focused Network Deadline Retrieved October 17 2022 External links EditComcast Spectacor Spectra Retrieved from https en wikipedia org w index php title Comcast Spectacor amp oldid 1178868685, wikipedia, wiki, book, books, library,
