Advertisement

Perform expands rights portfolio with European sporting events

Perform, the FTSE 250-listed digital sports media firm, now has over 16,500 live events now under contract for 2013 after expanding its rights portfolio.

Perform, the FTSE 250-listed digital sports media firm, now has over 16,500 live events now under contract for 2013 after expanding its rights portfolio.

The company announced on Monday morning that it come to an agreement to license the rights to over 2,000 annual events from media rights agency MP & Silvia.

Advertisement - Article continues below

The rights package includes a variety of worldwide sporting events, including football leagues in Italy, France, Brazil, Turkey and the UK, as well as other European basketball and handball leagues.

The agreement clears the content for Perform's Watch&Bet live streaming service and runs from July 1st 2013 until June 30th 2015, covering the 2013/2014 and 2014/2015 seasons.

"We are pleased to have this content back for Watch&Bet. Our focus is to provide the best live content to our customers 24 hours a day, 365 days a year and, with these rights becoming available again, we will flex our future year rights acquisition plans accordingly," said Chief Executive Officer Simon Denyer.

Perform said that the content will be offered to existing customers for 2013 and included in new content packages for the betting service from 2014 onwards.

The company will release its first-quarter trading update on April 30th.

BC

Advertisement
Advertisement

Recommended

Broker safety – your questions answered
Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
How demographics affects stock valuations
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Do you own shares in Sirius Minerals? Here’s what you need to do now
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020
Why investors should be “cautiously bullish” for 2020
Stockmarkets

Why investors should be “cautiously bullish” for 2020

Analysts have been out in force making rosy predictions for stockmarkets in 2020, but while there is certainly a case for optimism, investors should r…
17 Jan 2020

Most Popular

OBR: UK house prices could fall by 12% next year
House prices

OBR: UK house prices could fall by 12% next year

The Office for Budget Responsibility says UK house prices could fall by as much as 12% next year. John Stepek looks at how likely that is.
14 Jul 2020
Three ideas for Lloyds Bank's new boss
UK stockmarkets

Three ideas for Lloyds Bank's new boss

The Black Horse needs whipping into shape. A change at the top provides a great opportunity, says Matthew Lynn.
12 Jul 2020
We’re spending more than at any time since World War II – how will we pay it back?
UK Economy

We’re spending more than at any time since World War II – how will we pay it back?

With the UK spending vast sums on stimulus measures, this year’s budget deficit will be greater than at any time since World War II. The big question,…
14 Jul 2020