Genius Sports, the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, has entered into a definitive agreement to acquire Second Spectrum, a provider of data tracking and visualisation solutions. The aggregate purchase price for the acquisition is $200 million, subject to customary adjustments. The purchase price will be […]
Stingray Group, the music, media, and technology company, has announced that Jim Riley will join its management team as President, US Operations. In his position, Riley will help shape Stingray’s US strategy and enhance sales and marketing capabilities across the United States. He will support the US sales team, drive new strategic partnerships, and expand the […]
Amazon has reported its Q1 2021 results, as its Prime Video streaming service turns 10 years old. The web giant saw operating income increase to $8.9 billion (€7.3bn) in the first quarter, compared with operating income of $4 billion in Q1 2020. Net income increased to $8.1 billion, compared with net income of $2.5 billion […]
The National Football League (NFL) has signed long-term agreements with media partners Amazon, CBS, ESPN/ABC, FOX, and NBC for the distribution of games over television and digital platforms, as well as additional media rights. With these agreements, the NFL has expanded its digital footprint to reach a broader audience while maintaining its commitment to keep […]
fuboTV, the US sports-first live TV streaming platform, has announced its financial results for the fourth quarter and full year ended December 31st 2020. The company closed its strongest fourth quarter and year in its history, topping $100 million in quarterly revenue for the first time ($105.1 million actual). fuboTV ended 2020 with 547,880 paid […]
Amazon Web Services (AWS), an Amazon company, has announced that the PGA Tour has selected AWS as the Official Cloud Provider of the Tour. AWS and the Tour are partnering to transform the way golf content is created, distributed, and experienced, bringing fans closer to the action on the course while also helping the Tour […]
Eleven Belgium has partnered with Telenet, to bring its subscribers the best of Telenet’s Play Sports offering, which includes live coverage of football from the Premier league, Eredivisie and UEFA Europa League, as well as Formula 1. Eleven’s audience already enjoys action from the Belgian Pro League (1A and 1B, Scooore Super League), La Liga, […]
ViacomCBS has updated investors on its differentiated streaming strategy, which leverages the company’s product offerings across free, premium and pay segments with Pluto TV and SHOWTIME OTT to create a linked ecosystem with the launch of Paramount+ in the US and 18 LatAm countries on March 4th. Paramount+ will feature a combination of live sports, […]
Live Sports are the last bastion of pay-TV, and are held in high regard by operators and broadcasters. They are the last service tethering customers to their cable and satellite packages, but these operators know that it is a question of when not if, for when the sports leagues pull the trigger and pursue a […]
Research from Parks Associates finds 55 per cent of pay-TV households in the US report availability of live sports is important in their decision to keep their pay-TV service. “The churn rate for pay-TV services continues to trend significantly lower than the rate for OTT services,” said Steve Nason, Research Director, Parks Associates. “This is […]