July 12, 2014 12:40 PM ET

Hotels, Restaurants and Leisure

Company Overview of PGA TOUR, Inc.

Company Overview

PGA TOUR, Inc. operates as a tax-exempt membership organization of professional golfers. It plays official-money tournaments on three Tours: the PGA TOUR, Champions Tour, and Nationwide Tour. The company was founded in 1968 and is based in Ponte Vedra Beach, Florida.

112 PGA TOUR Boulevard

Ponte Vedra Beach, FL 32082

United States

Founded in 1968

Phone:

904-285-3700

Fax:

904-285-7913

Key Executives for PGA TOUR, Inc.

Co-Chief Operating Officer and Executive Vice President
Co-Chief Operating Officer and Executive Vice President
Senior Vice President of New Media
Commisioner
Age: 66
Director of National Media Sales
Compensation as of Fiscal Year 2014.

PGA TOUR, Inc. Key Developments

The PGA TOUR and InterContinental Hotels Group Announce Three-Year Marketing Relationship

The PGA TOUR and InterContinental Hotels Group (IHG) announced a three-year marketing relationship that, beginning immediately, makes IHG the Official Hotel Partner of NEC Series-PGA TOUR Latinoamérica. The new designation expands upon IHG's existing agreement with the TOUR that includes the categories of Official Hotel and Official Resort of the PGA TOUR, Champions Tour and Web.com Tour. The latest series begins in Bogota, Colombia. There are 14 PGA TOUR Latinoamérica events in nine countries (Argentina, Brazil, Chile, Colombia, Dominican Republic, Mexico, Peru, Puerto Rico and Uruguay) and with the new agreement IHG will have on-site branding at these events. IHG will work with tournaments and players in the NEC Series to provide rooms at exclusive rates at any participating IHG branded hotels for its out-of town hotel needs during events.

PGA TOUR Signs Footage Licensing Deal with T3Media, Inc

T3Media, Inc. has signed a footage licensing agreement with the PGA TOUR. T3Media will market, administer, and license the PGA TOUR Archive, which includes historic and current footage from the PGA TOUR, some of which was shot in 4K. The PGA TOUR Archive features clips as well as long form programming from the PGA TOUR, Champions Tour, Web.com Tour, NEC Series-PGA TOUR Latinoamérica, and PGA TOUR Canada. The world's large golf archive includes shots of every PGA TOUR player, including the stars of both the past and present as well as crowd shots and scenic nature and wildlife footage from the course. The PGA TOUR Archive has footage dating back to the 1960s and newly shot 4K content will be added as it becomes available.

PGA Tour Denies Talk Of European Tour Buy-Out

PGA TOUR, Inc. is planning to acquire PGA European Tour. European Tour could be facing the biggest challenge in its history, with rumors swirling on the circuit about a possible US PGA Tour buy-out of the Wentworth-based body. Recently the PGA Tour appointed an experienced executive to a newly created role to help the Tour "increase its efforts in China." "We need to do this as the European Tour has the opportunity to be an even better product," he added. PGA Tour commissioner Tim Finchem denied the US circuit had made a bid to acquire golf's European Tour, but said US tour officials continue to pursue collaborative efforts with other tours. Two British newspapers, The Daily Mail and the Daily Telegraph, reported the PGA Tour was in preliminary discussions to take over the Wentworth-based European Tour and that Finchem had already had discussions with his European Tour counterpart George O'Grady. Finchem said talks among the various tours within the federation would continue "as we explore additional collaborative efforts for the presentation of our game".

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