Sportradar Wins Major Bid for ATP Rights
LONDON and ST. GALLEN, Switzerland, March 13, 2023 (GLOBE NEWSWIRE) -- Sportradar, a subsidiary of Sportradar Group AG (Nasdaq: SRAD), has been selected as the successful bidder for the global ATP data and betting streaming rights starting 2024. It follows an extensive RFP process led by Tennis Data Innovations (TDI).
Sportradar is a world leading sports technology company, providing immersive experiences for sports fans and bettors worldwide. The company has been a supplier of official ATP Tour and Challenger Tour secondary data feeds since the start of 2022 and boasts a roster of partnerships spanning professional sports.
The RFP process was initiated by TDI in January 2023 and saw five bidders submit detailed proposals across multiple rounds, for a six-year rights cycle beginning in 2024. The process took to market rights that have grown significantly in value over more than a decade. The process followed the setup in 2020 of TDI as a specialist joint venture vehicle of ATP and ATP Media to oversee innovation, development, and commercial management of all data and betting streaming products for the ATP Tour and ATP Challenger Tour.
Sportradar’s commitment to product innovation for the downstream market and unrivalled development in advanced technologies such as computer vision and AI, in addition to its industry leading integrity services, were key considerations in the selection process.
David Lampitt, TDI CEO, said: "We are grateful to all the bidders who showed such commitment to our content throughout the selection process. Sportradar has been chosen as the best partner to deliver against our growth ambitions due to their combination of product capabilities, global reach and an innovative commercial model that preserved our ability to share in the continued growth of this market.
“Since the establishment of TDI, our mission has been clear – to create the most engaging data & streaming products and services for existing tennis fans and bring new fans to the game. If we get this right, we will deliver great returns for the sport. The competitive nature of this process, as well as the compelling successful bid from Sportradar, reflects the incredible value of ATP content. We look forward to forging a successful partnership together.”
Carsten Koerl, Sportradar CEO, said: “We are delighted that TDI has selected Sportradar as the successful bidder to support the enormous growth of the sport of tennis. The capabilities and global scale of our offerings will provide betting operators innovative, best-in-class products and tech savvy tennis fans a richer, more immersive experience that only Sportradar can deliver. Our expertise in developing advanced technologies, including computer vision and AI which create advanced analytics and data visualization, will drive new, compelling ways for fans to engage with tennis, while also safeguarding and upholding its integrity.”
TDI and Sportradar will now work to agree and finalize contractual terms in preparation for the new rights cycle, starting from January 1, 2024.
Contacts:
TDI: contact@tennisdata.com
Sportradar Media: Sandra Lee, Sandra.lee@sportradar.com
Sportradar Investor Relations: Rima Hyder, r.hyder@sportradar.com
About Tennis Data Innovations
TDI is an independent and fully integrated data-focused entity that controls the innovation, development, marketing and pricing of all future data products in tennis. Established in 2020 as a joint venture by ATP and ATP Media, TDI serves as a vehicle for the central management and exploitation of tennis data and in a variety of markets, both betting and non-betting.
About Sportradar
Sportradar Group AG (NASDAQ: SRAD), founded in 2001, is a leading global sports technology company creating immersive experiences for sports fans and bettors. Positioned at the intersection of the sports, media and betting industries, the company provides sports federations, news media, consumer platforms and sports betting operators with a best-in-class range of solutions to help grow their business. As the trusted partner of organizations like the NBA, NHL, MLB, NASCAR, UEFA, FIFA, Bundesliga, ICC and ITF, Sportradar covers close to a million events annually across all major sports. With deep industry relationships and expertise, Sportradar is not just redefining the sports fan experience, it also safeguards sports through its Integrity Services division and advocacy for an integrity-driven environment for all involved.
For more information about Sportradar, please visit www.sportradar.com
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Nexstim Abp: ordinarie bolagsstämmans beslut31.3.2023 12:00:00 CEST | Pressemelding
Företagsmeddelande, Helsingfors, 31.3.2023 kl. 13.00(EEST) Nexstim Abp: ordinarie bolagsstämmans beslut Nexstim Abp (NXTMH:HEX, NXTMS:STO) ("Nexstim" eller "Bolaget") tillkännager idag besluten från bolagsstämman som fattades den 31 mars 2023 enligt följande: 1 BEKRÄFTELSE AV BOKSLUT OCH KONCERNBOKSLUT, RÄKENSKAPSPERIODENS RESULTAT OCH BEVILJANDE AV ANSVARSFRIHET Bolagsstämman fastställde bolagets bokslut och koncernbokslut för år 2022 och beslöt att vinsten för räkenskapsperioden 1.1.-31.12.2022 bokförs på bolagets balanserad vinst- konto. Bolagsstämman beslöt att bevilja styrelsens ledamöter och verkställande direktören ansvarsfrihet för räkenskapsåret 1.1.-31.12.2022. 2 ANTAL OCH VAL AV STYRELSELEDAMÖTER, VAL AV ORDFÖRANDE Bolagsstämman beslöt i enlighet med valberedningskommitténs förslag att: • Antalet styrelseledamöter fastställs till (4); • Tero Weckroth, Timo Hildén, Martin Forss och Leena Niemistö omväljs till styrelseledamöter. • Leena Niemistö väljs till styrelsens ordförand
Nexstim Plc: Resolutions of the Annual General Meeting of Shareholders31.3.2023 12:00:00 CEST | Press release
Company Announcement, Helsinki, 31 March 2023 at 1 PM (EEST) Nexstim Plc: Resolutions of the Annual General Meeting of Shareholders Nexstim Plc (NXTMH:HEX, NXTMS:STO) (“Nexstim” or “Company”), announces as follows regarding the resolutions that were adopted at its Annual General Meeting of Shareholders held today on 31 March 2023. 1 PRESENTATION OF THE ANNUAL ACCOUNTS AND CONSOLIDATED ACCOUNTS, PROFIT FOR THE FINANCIAL YEAR AND DISCHARGE FROM LIABILITY. The annual general meeting adopted the company’s financial statements, including the consolidated financial statements, for the year 2022 and resolved that the profit of the financial year is recorded on the accumulated profits account. The annual general meeting discharged the members of the board of directors and the managing director from liability for the financial year 1 January–31 December 2022. 2 ELECTION AND NUMBER OF THE MEMBERS, AND ELECTION OF THE CHAIRMAN OF THE BOARD OF DIRECTORS In accordance with the proposal of the nomin
Tulikivi Corporation’s annual report for 2022 has been published31.3.2023 12:00:00 CEST | Press release
TULIKIVI CORPORATION STOCK EXCHANGE RELEASE 31 MARCH 2023 AT 13:00 The Tulikivi Corporation annual report for 2022 includes the company's financial statements for 2022 and the auditors' report, the Board of Directors' report, the corporate governance statement and the remuneration report. Tulikivi Corporation has published its financial statements in the XHTML format compliant with the European Single Electronic Format (ESEF) reporting requirements. In accordance with the ESEF requirements, the main statements in the consolidated financial statements and the notes have been tagged with XBRL. The auditor has submitted a certification report on the ESEF financial statements. The financial statements are appended to this bulletin in the XHTML format and the annual report as a PDF file. The files are also available on the company's website at www.tulikivi.com. TULIKIVI CORPORATION Board of Directors Further information: Heikki Vauhkonen, Managing Director, tel. +358 (0)207 636 555 Distribu
NORBIT - NOK 270 million frame agreement received for On-Board Units31.3.2023 11:45:00 CEST | Press release
Trondheim, 31 March 2023: Today, NORBIT is pleased to announce the award of a new frame agreement for delivery of On-Board Units from an undisclosed customer. The frame agreement covers deliveries for a two-year period across 2023-2025. The contract value is estimated to be in excess NOK 270 million. “Being able to conclude this significant frame agreement confirms that our strategy of migrating our On-Board Unit business into long term partnerships remains successful. This enables us to tailor our offering and bring added value to our customers”, says Per Jørgen Weisethaunet, CEO of NORBIT. For further queries, please contact: Per Jørgen Weisethaunet, CEO, +47 959 62 915 Per Kristian Reppe, CFO, +47 900 33 203 About NORBIT ASA NORBIT is a global company providing tailored technology to selected applications by solving challenges through innovative solutions, in line with its mission to Explore More. The company is structured in three business segments to address its key markets: Ocean
Ny afdeling Balance C Akkumulerende i Investeringsforeningen PFA Invest31.3.2023 11:27:08 CEST | Press release
Investeringsforeningen PFA Invests bestyrelse har den 8. marts 2023 besluttet at oprette af en ny afdeling, Balance C Akkumulerende. Afdelingen blev godkendt af Finanstilsynet den 10. januar 2023. Vedlagt offentliggøres tegningsprospektet for afdelingen under Investeringsforeningen PFA Invest • Balance C Akkumulerende Andele i afdelingen udbydes til tegning fra den 11. april 2023 til den 24. april 2023, begge dage inklusive, og andele udbydes i tegningsperioden til tegningskurs 100,20. Tegning af min. 1 mio. kr. i afdelingen er garanteret af PFA Pension, forsikringsaktieselskab. Resultat af tegningen forventes offentliggjort den 25. april 2023. NASDAQ OMX Copenhagen A/S har godkendt at andelene optages til handel med forventet 1. handelsdag den 28. april 2023. Yderligere information kan findes på www.pfainvest.dk Med venlig hilsen PFA Asset Management A/S Attachment Tegningsprospekt PFA Invest - Balance C Akkumulerende