Tag: Crunch Fitness

AURORA, IL — A 20-year-old Aurora man is facing two counts of first-degree murder after police alleged he was involved in a fatal shooting Friday evening. Ivan Valles, of the 500 block of Seventh Avenue, was arrested early Saturday morning after a nearly three-hour standoff, police said. Kane County prosecutors allege Valles drove his car Friday evening to the 300 block of South Spencer Street before someone got out and shot 32-year-old Fernando Carapia near his home. Subscribe The…

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Watch now: How these Bloomington-Normal gyms adapt during COVID Carla Staver of Bloomington, left, and Erin Weber of Lexington, work out at Four Seasons in Bloomington on Wednesday. COVID has forced gym operators to get creative with various offerings. Watch a video with this story at pantagraph.com.  CEO Tony Maier insists that everyone who uses the gym have their own sanitizing…

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The pandemic might have wiped out whole swaths of the economy, but one area that is pulsating with activity is home sales. Driven by remote work and changing commute patterns, home sales skyrocketed last year, with the National Association of Realtors predicting that the total volume when fully calculated will be the highest in 14 years. That’s been great news for Better Mortgage (which generally brands itself as Better.com for presumably that SEO love). According to the company, it…

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According to a recent letter sent to its investors, Tiger Global Management, the New York-based investing powerhouse, is raising a new $3.75 billion venture fund called Tiger Private Investment Partners XIV that it expects to close in March. The fund is Tiger Global’s 13th venture fund, despite its title — the partners might be superstitious — and it comes hot on the heels of the firm’s 12th venture fund, closed exactly a year ago, also with $3.75 billion in…

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Former Disney and Discovery execs are teaming up to launch a new streaming service called Struum, arriving in the spring, that aims to take the Classpass model and apply it to the streaming landscape. That is, Struum’s plan is to aggregate content from smaller video on demand services, then provide that under its own subscription. The idea for Struum comes from founders Lauren DeVillier, the former Head of Product for Discovery Ventures; Eugene Liew, former Vice President of Product…

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Town Sports International LLC sought Chapter 11 bankruptcy protection in September, unable to keep up with debt payments after it was forced to shut its gyms to help stem the spread of Covid-19. The court process allowed the company to reject certain leases and renegotiate others to save on rent. The chains were sold in bankruptcy to investors including Peak Credit, an affiliate of New York-based investment bank Lepercq, de Neuflize & Co. Peak and the lenders won court approval for…

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(Editors’ Note: The COVID-19 pandemic made it difficult to collect data for this year’s list, which means the 2020 Top 100 list not only is being published later than normal but also includes just 71 clubs. The companies on the Top 100 Clubs list are ranked by 2019 gross revenue, not by any other standard. Club Industry allows franchisors to report revenue from corporate-owned facilities and franchisee fees but not revenue from individual franchisees, as each franchisee can report its revenue separately to…

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A new agreement between Hulu and ViacomCBS will bring 14 new channels to Hulu’s live TV streaming service, while also renewing the deal that allows Hulu to carry various CBS broadcast stations and Showtime. According to ViacomCBS, the new multiyear distribution deal will for the first time allow Hulu + Live TV subscribers to stream cable networks like BET, Comedy Central, MTV, Nickelodeon, Paramount Network, VH1, CMT, Nick Jr., TV Land, BET Her, MTV2, NickToons, TeenNick and MTV Classic….

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ODESSA, Texas (KOSA) -Getting in shape is always a popular New Year’s resolution. That’s just one reason many people rushed over to the brand new Crunch Fitness in Odessa, Saturday. Hundreds of people came out to attend the pre-sale launch party on 42nd street. The 5,000 square foot gym offered people deals too good to pass up – rock-bottom membership pricing and the first month free. “The first 500 members get a one-dollar down one month for free. You…

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