Wanda Sports Group is a leading global sports events, media and marketing platform. We possess significant intellectual property (IP) rights in key sports, long-term relationship with international sports organizations and global brands, and broad execution capabilities.
Our mission is to unite people in sports and enable athletes and fans to live their passions and dreams by creating access to and delivering iconic sports events and premium sports content.
Wanda Sports Group is headquartered in Beijing, China:
9/F, Tower B, Wanda Plaza
93 Jianguo Road, Chaoyang District
Beijing, People's Republic of China
Wanda Sports Group's fiscal year ends on December 31.
Wanda Sports Group went public on July 26, 2019.
Wanda Sports Group's American Depositary Shares (ADS) are traded on the NASDAQ under the ticker symbol "WSG".
As of December 31, 2018, WSG had 1,624 employees.
Every two ADSs represent three ordinary shares.
We generate revenue from the following principal sources:
- Where we own the intellectual property relating to sports events, principally in our mass participation sports business, we derive a significant proportion of our revenue from event entry fees and other event-related fees, such as host city fees, and otherwise monetize our intellectual property through sponsorship, event and product licensing, merchandising and media distribution opportunities.
- Where we do not own the intellectual property relating to sports events, generally in our spectator sports business, we enter into rights-in arrangements and, in turn, enter into rights-out arrangements to engage the rest of the sports ecosystem, deriving revenue principally from media distribution, sponsorship and marketing activities.
- We also derive revenue by providing our partners a comprehensive suite of specialized sports-related services, drawing from our in-house DPSS capabilities, including event operation and support, innovative digital media solutions, media and program production, host broadcasting, marketing services, event operations services, brand development services, advertising solutions and ancillary services (such as sponsorship and broadcaster servicing, venue advertising solutions, hospitality and ticketing).
Paul, Weiss, Rifkind, Wharton & Garrison LLP.
Ernst & Young Hua Ming LLP