IMG (company)

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IMG
Type Subsidiary
Founded 1960
Headquarters 200 5th Ave, New York, NY 10010, United States
Number of locations 130+ offices
Area served 30+ countries
Key people Ari Emanuel and Patrick Whitesell, co-Chief Executive Officers, Peter Klein, CFO
Owners William Morris Endeavor
Silver Lake Partners
Employees 3000+
Divisions IMG Academy
IMG Art+Commerce
IMG CCTV
IMG College
IMG Consulting
IMG Doğuş
IMG Events and Federations
IMG Fashion
IMG Licensing
IMG Media
IMG Models
IMG Performance
IMG Reliance
IMX
Website www.imgworld.com/home.aspx

IMG, originally known as the International Management Group, is a global sports and media business headquartered in New York City.[1]

History[edit]

IMG was founded by Mark McCormack, an American lawyer who spotted the potential for athletes to make large incomes from endorsement in the television age; he signed professional golfers Arnold Palmer, Gary Player and Jack Nicklaus as his first clients. McCormack died in 2003. In 2004 Forstmann Little led by Theodore J. Forstmann acquired the company; Forstmann served as chairman and CEO until his death in late 2011.

In 2006, IMG Media acquired nunet AG,[2] a provider of mobile TV services to mobile network operators around the world. Clients of nunet's mobile TV CMS currently include: Vodafone, Proximus, Vodacom, Mobilkom A1. Content distributed currently includes MTV, Fashion TV, Eurosport, and Discovery Networks.

In November 2007, IMG acquired Kentucky-based Host Communications, which had multiple business units with services ranging from sports marketing and broadcasting to the management of associations and non-profit organizations. The sports-related businesses were combined with the Collegiate Licensing Company (CLC) to form IMG College, while the association management division was renamed IMG Associations.

IMG was founded and headquartered in Downtown Cleveland in a complex built in 1965 diagonally across the street from Erieview Tower. When the IMG Center was built, it originally housed the Cuyahoga Saving Bank, which was acquired by Charter One Bank in 1998. In 1997, IMG renovated the Cuyahoga Savings Bank Building and renamed it IMG Center. At street level they have a projection screen showing their businesses, events and clients, with images ranging from Formula One racing to professional golfers. Following the acquisition of IMG by Forstmann Little, the headquarters remained in Cleveland, Ohio for several years until officially relocating to its new parent company's existing offices in New York, in 2010. The firm continues to operate its major U.S. office at the former Cleveland headquarters.[3]

On October 15, 2010, IMG acquired ISP, the multimedia rights holder for more than 50 universities based in Winston-Salem, North Carolina. As a result of the acquisition, IMG College retained ISP's former headquarters in Winston-Salem.[4]

On December 3, 2012, The Premier League announced that IMG Media had agreed a new three-year deal with the Premier League for aeroplanes and ships rights.[5]

On December 18, 2013, IMG was acquired by WME and Silver Lake Partners in a $2.2 billion deal.[6] WME’s Ari Emanuel and Patrick Whitesell will serve as co-CEOs. IMG and its more than 3,000 employees worldwide will continue as an independent entity.

Today[edit]

TWI, IMG's television division, is the largest independent distributor and producer of televised sports, managing a library of more than 150,000 hours. TWI annually produces and distributes 6,500 hours of original programming in more than 200 countries covering over 200 sports, and also has involvement in digital sports and entertainment.

IMG is also commercially involved in an average of 11 major sports and cultural events around the world every day; represents the interests of major corporations; is the world's largest non-character licensing firm, and is a literary agency and book packager.

In addition, IMG Artists is a performing arts management firm; IMG owns and operates Florida-based sports and fitness academies under the name IMG Academy; and IMG Models is a model management firm. IMG Consulting works with many corporations on marketing and sponsorship programs, and IMG's stadium and arena group works with leagues and franchises world wide. The association management division, IMG Associations, provides management and administrative services to trade associations, professional societies and foundations. IMG Speakers books talent for Fortune 500 companies, associations, healthcare organizations, lecture series and colleges and universities throughout the world.[7]

Trans World International[edit]

Trans World International (TWI) is the event arm of IMG. It is the largest independent producer, packager, and distributor of sports programs in the world. TWI produces over 5,000 hours of original programming each year for distribution to more than 200 territories.

Programs[edit]

IMG Events[edit]

Figure skating[edit]

Football[edit]

Golf[edit]

Motorsports[edit]

Running[edit]

Surfing[edit]

Tennis[edit]

Triathlon[edit]

IMG College[edit]

Main article: IMG College

In late 2007 IMG acquired Host Communications and the Collegiate Licensing Company to form IMG College. In 2010 IMG acquired ISP Sports, which was based in Winston-Salem, North Carolina.[10] All together, IMG College holds the licensing rights to over 150 colleges and universities, 9 collegiate conferences, 15 bowl games and 7 other athletic institutions in the United States. Additionally, they hold the multimedia marketing rights to the following U.S. schools and institutions:

IMG College also publishes Dave Campbell's Texas Football, a magazine dedicated to covering all levels of football in Texas and runs its related event, the Toyota Tundra Texas Football Classic.

IMG Fashion[edit]

IMG Tennis[edit]

See also[edit]

References[edit]

External links[edit]