"It is good for existing partners but also other partners who could use now the platform of Formula One to do something in India".
Scott said that the negotiation windows for existing partners began at the end of the month and that a critical portion of his legacy — whether the league creates a TV network or not — relied on these negotiations.
After struggling through the financial crisis and deep recession — and piling up tens of millions of dollars more in I.O.U.'s for existing partners — Mr. Davis was primed to execute his growth strategy.
"I think it's better for existing partners," Kalanick told me.
But, as the firm grew, Schwarzman came under pressure to delegate some management responsibilities and to carve out bigger equity stakes for both existing partners and new executives.
"It's a great opportunity for our existing partners to exit with a great return," Todd Pederson, the company's chief executive, told DealBook.
That should actually result in significant donation totals, given the existing performance of the program: Lyft shared that since launching Round Up and Donate in May, over 100,000 of its rider members have opted in to participate, and in total they've raised $315,000 for the existing partners on the program.
It's unclear what Apple's acquisition means for Locationary's existing partners — but judging from what we've seen from past Apple deals, I wouldn't expect Apple to keep that part of of the business going (especially since it may be helping out competitors like Google).
Brightcove, Clevver, CSTV, Flock, Pageflakes, PureVideo, Qwest, Search.com, Sportingo, Netvibes, Widgetbox and YourMinis all now use Truveo for video search, joining existing partners AOL Video, AOL Search, Excite, Infospace.
Existing partners for Round Up and Donate include USO, the Human Rights Campaign, and the ACLU, and riders can select which organization receives their round-up donations.
This will also include more work with existing partners, for example Nielsen, to monitor video and Facebook live content to incorporate that into their wider social media dashboard.
