Perform puts face on Facebook
Perform, the multimedia sports content company, has put its livesport.tv platform on to Facebook.
Perform, the multimedia sports content company, has put its livesport.tv platform on to Facebook.
Livesport.tv is a group of around 50 video channels showing different sports, ranging from football to boxing.
Not all the matches will be of immediate interest to big UK audiences. Today the "soccer" channel is showing Beijing Guoan v Shanghai Shenxin.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
But the idea of creating a separate "ecology" within Facebook offering video on demand (VOD) sport may be the shape of things to come. Why use the wild and difficult-to-navigate internet when you can get it all within the familiar context of Facebook?
Oliver Slipper, Joint-Chief Executive Officer at Perform said: "Our focus with Facebook will be to use targeted advertising to communicate with niche fans around the world looking for special interest live sports content and use the in-built virality of the platform to target the hundreds of millions of sports fans on Facebook to share our VOD sports content and drive video views globally."
Perfrom's shares rose 1.5% in very early trading, since the beginning of the year the stock has gained 47.5%.
BS
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Steve Webb: The triple lock is there to do a job. I’m not embarrassed or ashamed of itThe triple lock means 13 million pensioners will now get an above-inflation state pension boost in April. While the rising cost of the policy has stirred controversy, Steve Webb, who served as pensions minister when it was introduced, argues the triple lock is vital and should stay. Webb speaks to Kalpana Fitzpatrick on the new episode of MoneyWeek Talks – out now.
-
How retirement pots risk running out 11 years early if inflation remains highPension savers could find their retirement income may not last as long as they anticipated over fears that inflation may not slow down
