About Idea Sports Entertainment Group Inc.
Idea Sports & Entertainment Group, Inc., is a concept development company that internally creates projects in the fields of professional sports, motor sports, motion pictures, animated films, publishing, television, radio, licensed merchandise, direct-to-retail videos and international entertainment for distribution into the global marketplace.
Through various exclusive partnerships and wholly-owned subsidiaries, Idea Sports & Entertainment Group, Inc., develops unique content through its internal creative team and then partners with individuals and corporations already established in the respective field or industry for which the project was created which increases the viability that the project will be successful and profitable.
The Idea Sports & Entertainment Group business model involves negotiating a revenue share agreement with its individual and corporate partners to minimize the up front development costs associated with each project that has been created which minimizes the risk associated with developing a profitable business unit for the company.
Idea Sports & Entertainment Group, Inc., is headquartered in Lake City, South Carolina with regional offices located in Charlotte, North Carolina and Atlanta, Georgia. The company plans to open a regional office in Los Angeles, California sometime in 2005 to more efficiently manage its entertainment projects that are currently in development.
Idea Sports Entertainment is a multidimensional sports and entertainment marketing and management company. With the strong partnerships of CNN co-founder and former CBS President Robert Wussler, NASCAR Legend and three-time champion Cale Yarborough, NASCAR merchandising pioneer Hank Jones, Chinese Beijing Lin Liu International, New York based The Adler Group, and many others, Idea has put together a project base that includes motion pictures, television series, radio, publishing, sports properties, licensed merchandise, direct- to-retail videos, international entertainment, and hospitality/travel properties.
Team Sports Entertainment completes acquisition of Idea Management Group
9/13/2004 8:30:00 AM
DALLAS, TX September 13, 2004 /Businesswire/ -- Team Sports Entertainment, Inc. (TSPT.OB), a fully-reporting company, announced today that it has completed the acquisition of Idea Management Group, Inc. ("Idea"). Pursuant to the terms of the stock purchase agreement, Team Sports issued warrants to the Idea shareholders entitling them to purchase a total of 15,000,000 shares at purchase price of $.10 per share, with additional warrant purchases subject to revenue performance.
"Completion of this acquisition is a big step for us." added Idea Chairman and CEO, William C. Morris. "It now allows us to focus entirely on our entertainment projects, and move forward with potential partnership discussions that have been ongoing with several established motion picture, television, entertainment, and sports firms. We expect to announce some of our key relationships in the very near future."
Team Sports Entertainment/Idea Management Group Obtains Funding Commitment
10/13/2004 11:00:00 AM
DALLAS, TX October 13, 2004 /Business Wire/ -- In connection with its recent acquisition of Idea Management Group, Inc. ("Idea"), Team Sports Entertainment, Inc. (TSPT.OB), a fully-reporting company, announced today that it has secured funding to cover the internal business operations of Idea for its initial commitment, which Idea's management believes will fund 12 months of operations. Idea has already received $100,000.00 of the initial $360,000.00 non-guaranteed commitment.
Idea Chairman and CEO, William C. Morris added, "This commitment indicates that there is a strong interest for our sports and entertainment based project platform and our strategy for bringing this to the market. We are currently discussing additional funding on a per project basis with seasoned sports and entertainment financial groups."
Team Sports Entertainment Appoints New Chairman & Chief Executive Officer
Idea Management Head Also Joins TSPT Board of Directors
10/20/2004 11:00:00 AM
DALLAS, TX October 20, 2004 /Business Wire/ -- Team Sports Entertainment, Inc. (TSPT.OB), a fully reporting company announced today that its Board of Directors has named William C. "Billy" Morris to the position of Chairman & Chief Executive Officer effective immediately. Mr. Morris will also join the Team Sports Board of Directors.
Team Sports Entertainment Inc. Changes Name To Idea Sports Entertainment Group, Inc.; NASDAQ Ticker Symbol to "ISPO"
Team Sports Entertainment Inc. Changes Name To Idea Sports Entertainment Group, Inc.; NASDAQ Ticker Symbol to "ISPO"
11/08/2004 2:30 P.M.
LAKE CITY, SC November 5, 2004 /Business Wire/ -- Team Sports Entertainment, Inc. (TSPT.BB), a fully reporting company, announced today that it has filed the proper documents to legally change its name to Idea Sports Entertainment Group, Inc., a name that it will begin doing business under immediately.
Along with this change, the company's NASDAQ stock ticker symbol will be changed from OTCBB:TSPT to OTCBB:ISPO.
11/29/2004 Idea Sports Entertainment Group Acquires ``America's Top Driver Racing Series' from New York-based The Adler Group
http://biz.yahoo.com/bw/041129/295204_1.html
11/30/2004 CNN Co-Founder and Former CBS Head Robert J. Wussler to Oversee Idea's Sports and Entertainment Projects
http://biz.yahoo.com/bw/041130/305103_1.html
12/02/2004 3-Time NASCAR Champion Cale Yarborough Joins ``America's Top Driver' Team as Director of Idea Motorsports
http://biz.yahoo.com/bw/041202/25474_1.html
12/14/2004 Idea Sports Entertainment Enters Agreement with NASCAR Merchandising Pioneer Hank Jones
http://biz.yahoo.com/bw/041214/145573_1.html
12/16/2004 Idea Sports Entertainment Group Acquires Las Vegas-Based Strategic Gaming Consultants, LLC
http://biz.yahoo.com/bw/041216/165456_1.html
12/21/2004 America's Top Driver Receives Over One Thousand Driver Applications in the First Two Weeks After Announcing $1,000,000 Racing Series
http://biz.yahoo.com/bw/041221/215407_1.html
12/27/2004 Idea Sports Entertainment Group Partners with Chinese Beijing Lin Liu International to Develop Sports, Entertainment, and Travel Projects in Beijing, China
http://biz.yahoo.com/bw/041227/275037_1.html
01/10/2005 Idea Sports Entertainment Group Partners with Israeli-Based SporTVu, Ltd., to Launch Patented Revolutionary Sports Production Technology
http://biz.yahoo.com/bw/050110/105651_1.html
America's Top Driver Website
Http://www.americastopdriver.com
Company Website
http://www.ideaseg.com/
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