Chris Smith

Topgolf Callaway Brands announced today that it intends to spin off Topgolf as its own publicly traded company. The decision to split the businesses follows a strategic review that began last month in response to Topgolf Callaway’s struggling share price, which is down 22% year-to-date.

The immersive experience venue operator Cosm is now valued at more than $1 billion. The new funding round had support from Marc Lasry, Dan Gilbert and David Blitzer.

In launching NWSL expansion club Bay FC this year, Sixth Street became the first institutional investor to own a controlling team stake in a major U.S. league, a revolutionary development. Its network of business partners include: the Cowboys, Rams and Yankees.

HBO on Wednesday officially rolled out its much-anticipated four-part docu-series on Pete Rose.

The Uninterrupted film festival, run in partnership with Tribeca Enterprises, was held over two days at NeueHouse Hollywood, the location of the original CBS Studios and, now, a coworking space adjacent to Los Angeles offices for SpringHill and Paramount.

The Comcast NBCUniversal SportsTech accelerator has added Notre Dame as a program partner.

Athletes Unlimited has brought on Kim Ng as a senior advisor ahead of the launch of the Athletes Unlimited Softball League, the planned team softball league that will debut next year.

Coca-Cola has signed an eight-year extension for its sponsorship of the Special Olympics.

Once a staple of the cinematic experience, sports films have been on the decline, but some in the industry believe a comeback is in the works.

The team will join the league for Season 5, which begins this November, and be operated by IMM, a Brazilian sports and entertainment agency controlled by Mubadala.