Relativity Sports’ business operations are unaffected by layoffs at film and television studio Relativity Media, which owns a minority equity stake in the sports agency, a Relativity Sports source said today. Variety earlier today reported that Relativity Media issued layoff notices to 75 of its 350 employees. Relativity Sports was launched in July ’12 and was styled as a division of Relativity Media, but it is actually a separate company, said this source.
Wasserman Media Group, a sports and entertainment marketing and management company and Nervve, a video and image recognition technology company, announced a partnership between each other. Wasserman has agreed to work exclusively with Nervve to bring to market their visual search technology, which allows brands to track and analyze brand exposure impact across several sports and entertainment programming more efficiently.
Agents have at times sidestepped Cho to chat directly with Jordan, according to league sources. The team has turned over almost its entire scouting and analytics departments in the past year. (Though the Hornets recently hired Mike Born, a well-regarded Cho ally from Portland, to a key scouting position.) The relationship between Cho and Clifford has been cool since the team dismissed Rod Higgins, a Jordan ally with whom Clifford felt he could talk hoops, per sources familiar with the matter. Cho, Clifford, and Polk all downplayed the idea of a rift, and the two wings of the organization worked well together this summer to upgrade the team’s shooting across all positions — a goal they shared.