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IMG
Headquarters New York, United States

IMG, originally known as the International Management Group is an international talent agency and production company. Its headquarters is in New York City.[1].

Contents

History

IMG was founded by Mark McCormack. McCormack was an American lawyer who spotted the potential for athletes to make large incomes from endorsement in the television age, and signed golfer Arnold Palmer as his first client. McCormack died in 2003. In 2004 Forstmann Little led by Theodore J. Forstmann acquired the company and Mr. Forstmann has been chairman and CEO.

In 2006, IMG Media acquired nunet AG, a provider of Mobile TV services to Mobile Network Operators globally. Clients of nunet's Mobile TV CMS currently include: Vodafone Global, Proximus, Vodacom, Mobilkom A1. Content distributed currently includes MTV, Fashion TV, Eurosport and Discovery Networks.

In November 2007, IMG acquired Kentucky-based Host Communications, which had multiple business units with services ranging from sports marketing and broadcasting to the management of associations and non-profit organizations. The sports-related businesses were combined with the Collegiate Licensing Company (CLC) to form IMG College, while the association management division was renamed IMG Associations.

IMG was founded and headquartered in Downtown Cleveland in a 1965-built complex diagonally across the street from Erieview Tower. When the IMG Center was built, it originally housed the now defunct Cuyahoga Saving Bank. In 1997, IMG renovated the Cuyahoga Savings Bank Building and renamed it IMG Center. At street level they have a projection screen showing their businesses, events and clients, with images ranging from F1 racing to Tiger Woods. Following the acquisition of IMG by Forstmann Little, the headquarters remained in Cleveland for several years until officially relocating to its new parent company's existing offices in New York, in 2010. The firm continues to operate its major U.S. office at the former Cleveland headquarters.[2].

IMG is a privately owned company.

Today

TWI, IMG's television division, is the largest independent distributor and producer of televised sports, managing a library of more than 150,000 hours. TWI annually produces and distributes 6,500 hours of original programming to more than 200 countries covering 200+ sports, and also has involvement in digital sports and entertainment.

IMG is also commercially involved in an average of 11 major sports and cultural events around the world every day; represents the interests of major corporations; is the world's largest non-character licensing firm, and is a literary agency and book packager.

In addition, IMG Artists is a performing arts management firm; IMG owns and operates Florida-based sports and fitness academies under the name IMG Academies; and IMG Models is a model management firm. IMG Consulting works with many corporations on marketing and sponsorship programs, and IMG's stadium and arena group works with leagues and franchises world wide. The association management division, IMG Associations, provides management and administrative services to trade associations, professional societies and foundations.

Trans World International

Trans World International (TWI) is the event arm of IMG. It is the largest independent producer, packager and distributor of sports programs in the world. TWI produces over 5,000 hours of original programming each year for distribution to more than 200 territories.

Programs

IMG College

In late 2007, IMG acquired Host Communications and the Collegiate Licensing Company to form IMG College. All together, IMG College holds the licensing rights to over 150 colleges and universities, 9 collegiate conferences, 15 bowl games and 7 other athletic institutions in the United States. Additionally, they hold the multimedia marketing rights to the following US schools and institutions:

IMG College also publishes Dave Campbell's Texas Football, a magazine dedicated to covering all levels of football in Texas and runs its related event, the Toyota Tundra Texas Football Classic.

See also

References

External links








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