MSG Network

QUICKPLAY PARTNERS WITH SAUDI TELECOM COMPANY TO LAUNCH "BITS"

Retrieved on: 
Tuesday, March 12, 2024

A new era of short-form, AI-powered video content designed to redefine the Saudi market

Key Points: 
  • A new era of short-form, AI-powered video content designed to redefine the Saudi market
    TORONTO, March 12, 2024 /PRNewswire/ - Quickplay, a global leading OTT video platform for true personalization and user engagement, announced today its partnership with Saudi Telecom Company (STC) to launch "Bits," a short-form video content platform tailored to the rapidly-developing Saudi market.
  • Designed to address Saudi Arabia's widespread use of short-form video apps like TikTok, the Bits platform will cater to a tech-savvy audience eager for fresh and engaging content.
  • "The launch of Bits is a transformative moment for digital content delivery in the Middle East," said Wim Ponnet , President, EMEA of Quickplay.
  • "The collaboration between Quickplay and Saudi Telecom Company represents a new chapter in digital content delivery in the Middle East," said Bader Almadi, General Manager, Saudi Arabia, Google Cloud.

QUICKPLAY PARTNERS WITH SAUDI TELECOM COMPANY TO LAUNCH "BITS"

Retrieved on: 
Tuesday, March 12, 2024

TORONTO, March 12, 2024 /PRNewswire/ -- Quickplay, a global leading OTT video platform for true personalization and user engagement, announced today its partnership with Saudi Telecom Company (STC) to launch "Bits," a short-form video content platform tailored to the rapidly-developing Saudi market. The agreement marks Quickplay's expansion into EMEA, continuing the company's growth across the global digital streaming landscape and building on Quickplay's existing collaboration with Google Cloud.

Key Points: 
  • A new era of short-form, AI-powered video content designed to redefine the Saudi market
    TORONTO, March 12, 2024 /PRNewswire/ -- Quickplay, a global leading OTT video platform for true personalization and user engagement, announced today its partnership with Saudi Telecom Company (STC) to launch "Bits," a short-form video content platform tailored to the rapidly-developing Saudi market.
  • Designed to address Saudi Arabia's widespread use of short-form video apps like TikTok, the Bits platform will cater to a tech-savvy audience eager for fresh and engaging content.
  • "The launch of Bits is a transformative moment for digital content delivery in the Middle East," said Wim Ponnet , President, EMEA of Quickplay.
  • "The collaboration between Quickplay and Saudi Telecom Company represents a new chapter in digital content delivery in the Middle East," said Bader Almadi, General Manager, Saudi Arabia, Google Cloud.

SharpLink Gaming Announces Board and Audit Committee Changes

Retrieved on: 
Wednesday, February 21, 2024

MINNEAPOLIS, Feb. 21, 2024 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”) today announced recent changes to its Board of Directors (the “Board”) and Audit Committee.

Key Points: 
  • MINNEAPOLIS, Feb. 21, 2024 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”) today announced recent changes to its Board of Directors (the “Board”) and Audit Committee.
  • On February 16, 2024, the Board accepted the resignation of Adrienne Anderson as a director, Chair of the Audit Committee and member of the Compensation Committee, effective February 16, 2024.
  • The resignation of Anderson was not the result of any disagreement with the Company, its management, the Board or any committee of the Board.
  • The Board subsequently elected Leslie Bernhard, a current member of the Board, to serve as the new Chairperson of the Audit Committee, effective February 16, 2024.

EARTH BRANDS NAMED AN OFFICIAL PARTNER OF MADISON SQUARE GARDEN

Retrieved on: 
Wednesday, February 28, 2024

NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (MSG Entertainment) announced today that Earth Brands, the eco-conscious startup dedicated to combating single-use plastic products, has been named an Official Partner of Madison Square Garden.

Key Points: 
  • Earth Brands Products will be Available Throughout Arena, As Part of the Venue's Ongoing Commitment to Sustainability
    NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (MSG Entertainment) announced today that Earth Brands, the eco-conscious startup dedicated to combating single-use plastic products, has been named an Official Partner of Madison Square Garden.
  • Earth Brands products, including Earth Cups and Earth Lids, will be used at all concession stands and hospitality spaces during all events at The Garden – both sporting events and live entertainment.
  • "Partnering with MSG represents a key milestone in our company's brief history," said Peter Frelinghuysen, Co-Founder and Chief Operating Officer of Earth Brands.
  • Earth Brands was founded in 2021 with the mission of making sustainability cool and universal for next-generation consumers and businesses.

Playout Automation & Channel-in-a-box Market worth $6.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 7, 2024

By solutions, the playout scheduling and management segment is expected to register the largest market size during the forecast period.

Key Points: 
  • By solutions, the playout scheduling and management segment is expected to register the largest market size during the forecast period.
  • Within the playout automation and channel-in-a-box market, these scheduling and management solutions often integrate with other elements of the broadcasting workflow, such as traffic management systems and media asset management platforms.
  • The support and maintenance segment of the Playout Automation & Channel-in-a-box Market is growing rapidly.
  • Playout Automation & Channel-in-a-box Market Advantages:
    Channel-in-a-box programmes and playout automation optimise workflow efficiency, minimise manual involvement, and streamline broadcast operations by automating multimedia content scheduling, playout, and management.

Playout Automation & Channel-in-a-box Market worth $6.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 7, 2024

By solutions, the playout scheduling and management segment is expected to register the largest market size during the forecast period.

Key Points: 
  • By solutions, the playout scheduling and management segment is expected to register the largest market size during the forecast period.
  • Within the playout automation and channel-in-a-box market, these scheduling and management solutions often integrate with other elements of the broadcasting workflow, such as traffic management systems and media asset management platforms.
  • The support and maintenance segment of the Playout Automation & Channel-in-a-box Market is growing rapidly.
  • Playout Automation & Channel-in-a-box Market Advantages:
    Channel-in-a-box programmes and playout automation optimise workflow efficiency, minimise manual involvement, and streamline broadcast operations by automating multimedia content scheduling, playout, and management.

Sports Team & Clubs Market Currently Valued at Approximately $127 Billion as Further Growth Expected

Retrieved on: 
Tuesday, February 6, 2024

PALM BEACH, Fla., Feb. 6, 2024 /PRNewswire/ -- Experts say that the global Sports Team and Clubs Market will continue to grow substantially through 2029. A recent report from Mordor Intelligence said that The Sports Team and Clubs Market is valued at about USD 127.75 Billion in the current year and is expected to register a CAGR of 6.85% during the forecast period. (2024-2029).  The report said: "In 2022, North America accounted for the largest share of the sports market. The fastest-growing region is expected to be Africa. The market is poised to benefit from robust economic growth projected for a number of developed and developing economies. The major players are Marhuan, Life Time Fitness, Inc., Liberty Media Corporation, Futbol Club Barcelona, and Dallas Cowboys.  In the current year, the total revenue of the top 20 revenue-generating clubs was a 13% increase reported by Money League clubs in the previous year and only marginally lower than reported before the COVID-19 pandemic. The rise in revenue was largely due to the return of fans, with matchday revenues rising from last year to the current year after two seasons affected by the pandemic."  Active companies in the markets this week include: Brera Holdings PLC (NASDAQ: BREA), Manchester United (NYSE: MANU), Madison Square Garden Sports Corp. (NYSE: MSGS), Sphere Entertainment Co. (NYSE: SPHR), DraftKings Inc. (NASDAQ: DKNG).

Key Points: 
  • PALM BEACH, Fla., Feb. 6, 2024 /PRNewswire/ -- Experts say that the global Sports Team and Clubs Market will continue to grow substantially through 2029.
  • A recent report from Mordor Intelligence said that The Sports Team and Clubs Market is valued at about USD 127.75 Billion in the current year and is expected to register a CAGR of 6.85% during the forecast period.
  • The market is poised to benefit from robust economic growth projected for a number of developed and developing economies.
  • Teams and clubs use social media and mobile apps to expand their reach and connect with fans in a more personal way.

Sports Team & Clubs Market Currently Valued at Approximately $127 Billion as Further Growth Expected

Retrieved on: 
Tuesday, February 6, 2024

PALM BEACH, Fla., Feb. 6, 2024 /PRNewswire/ -- Experts say that the global Sports Team and Clubs Market will continue to grow substantially through 2029. A recent report from Mordor Intelligence said that The Sports Team and Clubs Market is valued at about USD 127.75 Billion in the current year and is expected to register a CAGR of 6.85% during the forecast period. (2024-2029).  The report said: "In 2022, North America accounted for the largest share of the sports market. The fastest-growing region is expected to be Africa. The market is poised to benefit from robust economic growth projected for a number of developed and developing economies. The major players are Marhuan, Life Time Fitness, Inc., Liberty Media Corporation, Futbol Club Barcelona, and Dallas Cowboys.  In the current year, the total revenue of the top 20 revenue-generating clubs was a 13% increase reported by Money League clubs in the previous year and only marginally lower than reported before the COVID-19 pandemic. The rise in revenue was largely due to the return of fans, with matchday revenues rising from last year to the current year after two seasons affected by the pandemic."  Active companies in the markets this week include: Brera Holdings PLC (NASDAQ: BREA), Manchester United (NYSE: MANU), Madison Square Garden Sports Corp. (NYSE: MSGS), Sphere Entertainment Co. (NYSE: SPHR), DraftKings Inc. (NASDAQ: DKNG).

Key Points: 
  • PALM BEACH, Fla., Feb. 6, 2024 /PRNewswire/ -- Experts say that the global Sports Team and Clubs Market will continue to grow substantially through 2029.
  • A recent report from Mordor Intelligence said that The Sports Team and Clubs Market is valued at about USD 127.75 Billion in the current year and is expected to register a CAGR of 6.85% during the forecast period.
  • The market is poised to benefit from robust economic growth projected for a number of developed and developing economies.
  • Teams and clubs use social media and mobile apps to expand their reach and connect with fans in a more personal way.

SPHERE ENTERTAINMENT CO. REPORTS FISCAL 2024 SECOND QUARTER RESULTS

Retrieved on: 
Monday, February 5, 2024

For the fiscal 2024 second quarter, the Sphere segment reported revenues of $167.8 million, an increase of $167.2 million, as compared to the prior year quarter.

Key Points: 
  • For the fiscal 2024 second quarter, the Sphere segment reported revenues of $167.8 million, an increase of $167.2 million, as compared to the prior year quarter.
  • For the fiscal 2024 second quarter, the Sphere segment had direct operating expenses of $67.3 million, as compared to no direct operating expenses in the prior year quarter.
  • In addition, fiscal 2024 second quarter results included an increase in impairment and other losses, net, of $118.2 million, as compared to the prior year quarter.
  • Fiscal 2024 second quarter direct operating expenses of $92.4 million increased $2.0 million, or 2%, as compared to the prior year quarter.

PEPSICO NAMED AN OFFICIAL PARTNER OF SPHERE

Retrieved on: 
Wednesday, January 31, 2024

LAS VEGAS, Jan. 31, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) announced today a new multi-faceted partnership with PepsiCo (NASDAQ: PEP) naming the global beverage and foods company an official partner of Sphere, the next-generation entertainment venue that opened in Las Vegas in September 2023. As part of this partnership, select PepsiCo products are available at all Sphere events across the venue's concession stands and grab and go stations, as well as in the venue's 23 suites. Various PepsiCo food and beverage brands will also be featured prominently on the venue's Exosphere.

Key Points: 
  • LAS VEGAS, Jan. 31, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) announced today a new multi-faceted partnership with PepsiCo (NASDAQ: PEP) naming the global beverage and foods company an official partner of Sphere, the next-generation entertainment venue that opened in Las Vegas in September 2023.
  • As part of this partnership, select PepsiCo products are available at all Sphere events across the venue's concession stands and grab and go stations, as well as in the venue's 23 suites.
  • Various PepsiCo food and beverage brands will also be featured prominently on the venue's Exosphere.
  • "We are pleased to welcome PepsiCo to Sphere, deepening a partnership that now extends across our portfolio," said David Hopkinson, President and Chief Operating Officer of MSG Sports, who oversees brand partnerships for the MSG Family of Companies, which also includes Sphere Entertainment and MSG Entertainment.