The story
Infront Sports & Media was founded in October 2002 with FIFA as its core business as the company who sold the television and radio broadcasts for the 2002 FIFA World Cup. The company originated from a merger of two existing Swiss-based marketing companies, CWL and Prisma Sports & Media. CWL was founded by Cesar Lüthi, who sold the business to the Kirch Group. On 17 February 2003, the transaction for the management-supported buyout by a group of shareholders led by Robert Louis-Dreyfus, former head of Adidas and majority shareholder of Olympique de Marseille, was announced as complete and the new ownership group now in place.
In 2005 the company lost the right to resell the TV and radio rights in Europe, though it retained the ability to sell Asian rights, as part of a division of the rights by FIFA. Infront subsidy HBS won the contract to manage the TV and radio broadcast production. Two months later, the company hired President and CEO Phillippe Blatter, to replace departing chief Oscar Frei. The appointment of Blatter, who is the nephew of Sepp Blatter, the then President of FIFA, was criticized by author Andrew Jennings and Transparency International. During this time as chief executive, Phillippe Blatter was able to grow the company's revenues.
2005 also saw the start of Infront’s partnership with the International Ski and Snowboard Federation, acquiring the FIS World Cup and World Championships rights through the majority shareholding of APF Marketing Services. It further diversified in 2006 through the acquisition of Media Partners whilst also launching Football Media Services alongside Dentsu to sell the FIFA Asian media rights.
In 2007 it acquired DSM Sportwerbung, rebranding it to Infront Germany before expanding to Austria after acquiring APF Marketing Services GmbH.
Until 2011 it was owned by a consortium of shareholders. In September 2011 – European private equity firm Bridgepoint reached an agreement to acquire the company. In February 2015, Chinese conglomerate Dalian Wanda won an auction to purchase Infront from Bridgepoint for more than €1 billion. In November of that same year, it was announced that Infront would merge with the World Triathlon Corporation (including the latter's Ironman brand) to form the Wanda Sports division.
From Wikipedia’s article on Infront Sports & Media, shared under CC BY-SA 4.0.4