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BUSINESS
December 4, 2013 | By Bob Fernandez, Inquirer Staff Writer
Peter A. Luukko, an ally and partner of Flyers founder Ed Snider for more than a quarter-century, resigned as president and chief operating officer at Comcast-Spectacor, a major operator of sports stadiums and owner of the Flyers. The company has 10,100 employees nationwide and the resignation came as a surprise inside the organization and the stadium-management industry. With Luukko's departure, Comcast Corp. - the majority owner of Comcast-Spectacor since the mid-1990s - tightened its grip on the entrepreneurial subsidiary in South Philadelphia.
BUSINESS
March 10, 2010 | By Bob Fernandez INQUIRER STAFF WRITER
Comcast-Spectacor, which is jointly owned by Comcast Corp. and businessman Ed Snider, completed its purchase of ticketing-software business Paciolan, the companies said yesterday. The deal was part of an agreement with the Justice Department announced in late January that allowed Ticketmaster Entertainment Inc. to merge with concert promoter Live Nation. As part of the agreement, Live Nation had to sell Paciolan. Terms of the deal with Comcast-Spectacor were not disclosed. "From Day One we will be a big competitor" in the ticket business, Comcast-Spectacor chief executive Peter Luukko said yesterday.
SPORTS
June 15, 2000 | by Junji Noda, Daily News Sports Writer
Comcast-Spectacor has decided to stretch its boundaries. The Philadelphia-based sports and entertainment firm, which owns the Sixers, Flyers, First Union Center and First Union Spectrum, announced yesterday it has acquired three minor league baseball teams affliated with the Baltimore Orioles from Maryland Baseball, LLC. The Frederick Keys and the Delmarva Shorebirds are Class A affliates of the Orioles. The Bowie Baysox are Baltimore's Double A franchise. All three teams are based in Maryland: the Keys in Frederick, Md.; the Shorebirds in Salisbury; and Baysox in Bowie.
SPORTS
August 24, 2012
The NBA's Sacramento Kings, unhappy with their situation in California, may be headed to Virginia Beach, according to a report in the business journal, Inside Business. Officials from Comcast-Spectacor have proposed moving the team to Virginia Beach and for Comcast to help build and lease a new pro sports arena, according to the report . The Kings have tried but been unsuccessful in building a new arena in Sacramento. How the move would affect scheduling and conference alignment in the NBA is not known.
SPORTS
November 4, 1999 | by Edward Moran, Daily News Sports Writer
The Flyers never have had a problem drawing fans to games. But, just in case, it can't hurt to make sure that interest in ice hockey in the Philadelphia area continues to grow. With that in mind, Comcast-Spectacor, owners of the Flyers, Phantoms, Sixers and First Union Center and Spectrum, officially will open the first of its new Flyers Skate Zone arenas today in Atlantic City. "This is an opportunity to develop fans of the game and ice skating in general," said Pat Ferrill, vice president for rink development and management for Comcast-Spectacor.
NEWS
July 14, 2011 | By Kate Fagan, Inquirer Staff Writer
Comcast-Spectacor reached an agreement Wednesday to sell the 76ers to a group of investors led by New York billionaire Joshua Harris. The deal, first reported as being in the works just over a month ago, is pending approval by the NBA's board of governors. No difficulties are expected regarding the NBA's approval of the sale. Although terms of the agreement were not disclosed, the deal is for 100 percent of the Sixers for approximately $280 million, possibly slightly more.
NEWS
July 24, 1998 | By Tim Panaccio, INQUIRER STAFF WRITER
Nearly 20 years after casinos arrived in Atlantic City, it appears as though the resort town is about to get something nongamblers can enjoy: a hockey rink. Comcast-Spectacor, in a joint venture with Scarborough Properties, has undertaken a feasibility study to build an ice-skating facility for public use adjacent to the Sandcastle Baseball Stadium in Atlantic City. The firms will have 60 days to complete their study and form an agreement to develop and operate the facility. Scarborough is a commercial real-estate developer based in Gibbsboro.
SPORTS
August 11, 2006 | By Joe Juliano INQUIRER STAFF WRITER
If Comcast-Spectacor truly wants to sell the 76ers, it probably won't have much trouble finding serious buyers. "There are quite a few people in the Philadelphia and New Jersey areas that love basketball and would like to be part of the NBA," said Marc Ganis, president of SportsCorp Ltd., a sports-marketing firm based in Chicago. "There's so much money in that part of the country. " But how much money would a buyer be willing to shell out for the 76ers? Could Comcast-Spectacor break the record of $401 million for an NBA franchise transaction set by the Phoenix Suns and even approach the half-billion dollar figure?
SPORTS
April 26, 1998 | By Stephen A. Smith, INQUIRER STAFF WRITER
When Larry Brown became the 76ers coach last May 5, the man with 14 years of NBA experience, with numerous teams, didn't accept the job because of his infatuation with the roster or the club's history. "I took this job because of Pat Croce and Ed Snider," Brown said. "To me, the two go together. Add them up, and they are the Philadelphia 76ers. I can't even imagine life in this organization without them. " Reached last night at his home in Malibu, Calif., Brown had no choice but to wonder.
SPORTS
March 24, 1996 | By Michael Sokolove, INQUIRER STAFF WRITER
Advocates of Center City as the site for a new baseball stadium once included Mayor Rendell and Phillies president Bill Giles, but the concept has been dying for some time. The deal that makes Comcast Corp. the majority owner of the 76ers, Flyers, and new CoreStates Center on South Broad Street will act as a magnet to draw any new stadium to South Philadelphia, and is likely to be the last, fatal blow for a Center City stadium. Giles is working with Comcast-Spectacor and developer Ronald Rubin, who brokered last week's megadeal to bring the teams and arenas under one ownership, on plans for a sports-themed entertainment and retail complex that would include a baseball stadium.
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SPORTS
February 8, 2015 | By Sam Carchidi, Inquirer Staff Writer
When NHL commissioner Gary Bettman recently asked Peter Luukko to meet with Florida Panthers owner Vinnie Viola and possibly get involved with their franchise, the former Flyers president was reluctant. Luukko, who 14 months ago abruptly resigned as president of the Flyers' parent company, Comcast-Spectacor, was content with his new lifestyle. "I told him I had businesses I was involved with and was having a lot of fun," Luukko said Friday. "I was watching my boys play [hockey]
BUSINESS
January 20, 2015
Richard A. Baron has been hired as vice president and chief financial officer at Zynerba Pharmaceuticals Inc., a Radnor specialty pharmaceutical company developing transdermal synthetic cannabinoid treatments. He had been senior vice president and CFO of Globus Medical. Drugstore chain Rite Aid Corp. , Camp Hill, said Jocelyn Zazyczny Konrad , currently vice president, health-care initiatives, has been promoted to group vice president, pharmacy initiatives and clinical services. Konrad succeeds Karen Staniforth , who was recently promoted to the role of chief operating officer at Health Dialog, a subsidiary of Rite Aid. Friends Center Corp.
SPORTS
December 24, 2014 | BY FRANK SERAVALLI, Daily News Staff Writer seravaf@phillynews.com
ST. PAUL, Minn. - Fifty-five weeks ago, the Flyers arrived in the Twin Cities to prep for the Minnesota Wild and a game that ultimately took a back seat to news on the trip. On the morning of that Dec. 2 game, the Flyers issued a press release announcing the abrupt resignation of team president and Comcast-Spectacor chief operating officer Peter Luukko. Luukko's sudden cash-out sent shockwaves through the organization, a seismic event that reshaped the foundation of the front office.
SPORTS
November 4, 2014 | By Frank Seravalli, Daily News Staff Writer
STEVE MASON knew something was different at Wells Fargo Center the moment he stepped on the ice for pregame warmups in the Flyers' first exhibition game on Sept. 22. Everything was brighter - and not necessarily in a good way. If you've been to a Flyers home game this season - or even watched one on TV - you know what Mason means. The only difference is that you don't need to stop frozen black rubber discs flying at 100 mph. The Wells Fargo Center replaced the entire rink lighting system in the 18-year-old arena.
BUSINESS
August 7, 2014 | By Jeff Gelles, Inquirer Staff Writer
Peter A. Luukko, who resigned unexpectedly in December as president and chief operating officer of Comcast-Spectacor, has been named chairman of Philly Sports Holdings L.L.C., an Exton company that distributes sports memorabilia and organizes meet-and-greet events with professional athletes. Luukko, 54, worked closely for a quarter-century with Flyers founder Ed Snider, overseeing the team and serving as a member of the NHL board of governors. He also oversaw Comcast-Spectacor's facility-management business, which runs more than 125 sports arenas, stadiums, and convention centers.
SPORTS
June 3, 2014 | By Sam Carchidi, Inquirer Staff Writer
Ed Snider, chairman of the Flyers' parent company, Comcast-Spectacor, and Lewis Katz used to attend NHL meetings when the latter owned the New Jersey Devils. But Katz, 72, was more than a fellow owner to Snider. He was a confidant and best friend. Katz served as Snider's best man when he was married last year. "He was like my brother. I'm devastated and still in shock," Snider said in a statement after learning that Katz, the co-owner of The Inquirer, Daily News, and Philly.com, was among seven people aboard a private jet who died in a crash Saturday night in suburban Boston.
SPORTS
May 31, 2014 | By Sam Carchidi, Inquirer Staff Writer
Ed Snider, who brought hockey to Philadelphia in 1967 as founder of the Flyers, is battling an unspecified cancer and completed chemotherapy this week, according to several sources. "He's going to work every day and it's treatable," a source in the organization said. The condition is "non-life-threatening" and Snider is "doing well," said Ike Richman, a spokesman for Comcast-Spectacor, the Flyers' parent company. "He is happy and healthy. " Snider's involvement with the team and the company was not affected by his condition or treatment, Richman said.
NEWS
May 25, 2014 | By Bonnie L. Cook, Inquirer Staff Writer
Myrna Snider Thomas, 78, of Philadelphia and Boothbay Harbor, Maine, a charity fund-raiser and former wife of Flyers owner Edward M. Snider, died Thursday, May 22, of lung cancer at Fox Chase Cancer Center. Born in Baltimore, she graduated in 1954 from Calvin Coolidge High School in Washington and soon after married Snider, chairman of Comcast Spectacor, the sports and entertainment company that owns the Flyers professional hockey team. Her family said that in the early years, Mrs. Snider Thomas helped her husband develop the hockey team, which was similar to an extended family.
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