Canela Media, a digital media technology company, has announced the completion of an oversubscribed $32 million (€28.6m) Series A funding round. The investment was co-led by Acrew Capital and Angeles Investors with participation from Link Ventures, TEGNA Ventures and Samsung NEXT. BMO Harris Bank provided an additional $10 million of capital. In addition, existing investors […]
DAZN, the sports streaming service, has agreed new financing arrangements with Access Industries, the holding company owned by billionaire investor Sir Len Blavatnik. As part of a recapitalisation, Access Industries subscribed for $4.3 billion (€3.79bn) of new shares in the Group’s topco, DAZN Group Limited, converting existing preference shares and retiring shareholder loans. This left […]
Federazione Italiana Giuoco Calcio (FIGC), the Italian Football Federation, has announced a 3-year collaboration with WSC Sports, the global leader in artificial intelligence (AI)-driven sports video technology, to create AI-powered highlights of the Serie A TimVision, the highest league of women’s football in Italy. FIGC will be using WSC Sports’ full suite of automation tools […]
Global content protection specialist Friend MTS has confirmed a three-season extension with Lega Serie A, marking a decade-long partnership as provider of anti-piracy services for Italian football’s top tier. As part of the Italian league’s wider ‘Piracy Kills Football’ initiative to combat content theft and video piracy, Friend MTS’s global monitoring services provide real-time identification […]
Digital content agency and media network Little Dot Studios has announced the creation of the Little Dot Sport label following accelerated client, staff and financial growth throughout 2021 and a Sport Industry Agency of the Year nomination. Little Dot Sport already boasts a client roster of 28 retained clients including Formula E, the England & […]
DAZN will cease offering the dual user option that allows simultaneous viewing of content by two users on different devices with the same account. Speaking to Milano Finanza, Veronica Diquattro, the Chief Revenue Officer Europe and CEO for Italy and Spain, said that monitoring had showed that the feature is being misused by users who […]
Viaplay will launch in The Netherlands on March 1st 2022 offering Dutch viewers a combination of premium live sports, Viaplay Originals, Hollywood films and series, and kids content. The service will be a single package priced at €13.99 per month, and will be available through distribution partners such as VodafoneZiggo and KPN and as a […]
Setanta Sports, a sports broadcasting company in the Eurasia region, has partnered with WSC Sports, the global leader in AI sports video technology, to bring automated highlights to its new OTT platform serving sports fans in 13 countries across Eurasia. For the first time ever, fans from Armenia, Azerbaijan, Belarus, Estonia, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, […]
Sports streaming service DAZN will make further investments in Italy to improve video quality, reduce buffering problems and boost its customer services. These commitments were made during a meeting in Rome with Italy’s Minister for Economic Development Giancarlo Giorgetti and Undersecretary Anna Ascani. In a statement issued after the meeting, DAZN stressed that it has […]
Although a number of sports have benefited from the arrival of OTT players and the introduction of direct-to-consumer services, the prospect of some of the leading properties, such as the Premier League, La Liga, Serie A and the Bundesliga, adopting pure D2C strategies remains unlikely, according to Jacopo Genovese, Senior Analyst at Ampere Analysis. Addressing […]