UK-based Eleven Sports plans to acquire Team Whistle in a combination of sports-focused content players with a roster of pedigreed investors.
A price tag was not put on the deal, but a press release said pro forma revenue from the two companies are projected to total $300 million for the fiscal year ending June 30.
Together, the companies have attracted investors like NBC/Sky Sports, Discovery, ITV, Liberty Global, Snap, Tegna and Jeffrey Katzenberg’s WndrCo. Former athletes like Derek Jeter and Peyton Manning are also in the fold, as are noted entertainment figures Ron Howard, Brian Grazer and Elizabeth Murdoch.
Eleven Sports was founded in 2015 by Italian sports and media entrepreneur Andrea Radrizzani, who is chairman and majority owner of Premier League club Leeds United. He also controls investment firm Aser Ventures, which is Eleven’s parent company. Eleven has formed partnerships with more than 150 commercial entities and attracted more than...
A price tag was not put on the deal, but a press release said pro forma revenue from the two companies are projected to total $300 million for the fiscal year ending June 30.
Together, the companies have attracted investors like NBC/Sky Sports, Discovery, ITV, Liberty Global, Snap, Tegna and Jeffrey Katzenberg’s WndrCo. Former athletes like Derek Jeter and Peyton Manning are also in the fold, as are noted entertainment figures Ron Howard, Brian Grazer and Elizabeth Murdoch.
Eleven Sports was founded in 2015 by Italian sports and media entrepreneur Andrea Radrizzani, who is chairman and majority owner of Premier League club Leeds United. He also controls investment firm Aser Ventures, which is Eleven’s parent company. Eleven has formed partnerships with more than 150 commercial entities and attracted more than...
- 3/29/2021
- by Dade Hayes
- Deadline Film + TV
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