Spring Media acquires fast-growing digital sports channel Fanseat
Spring Media continues its growth in digital sports consumer services with the acquisition of Fanseat, a global digital sports channel created by Finnish telco Elisa.
Spring Media will continue to run the highly popular Fanseat service under its current structure and management team. The sports media agency acquires its full business including transfer of the core management team, its rights portfolio, registered customers and brand names.
“Created in 2015, Fanseat has grown quickly and lived up to all expectations and targets set by its founders Elisa. The digital sports channel has customers in more than 100 countries with France as its largest market. Under Spring Media we have an owner with the ability to further develop our service, both in terms of sports content and in terms of technical service quality to our fans and partners,” says Jean-Maël Gineste, Managing Director at Fanseat.
“The acquisition of Fanseat is a natural step in Spring Media’s growth strategy. It fits well with our recent acquisitions of Latvian media house and production company Sportacentrs and digital platform provider StayLive. We see obvious synergies merging the knowledge and infrastructure of StayLive with the Fanseat service. Spring Media is now a truly full-service agency able to offer rightsholders production, global licensing, digital platform services and now also a direct-to-consumer channel. We will invest in both content and technical expertise to further develop the Fanseat customer experience and offering,” says Tobias Osmund, CEO at Spring Media.
Tobias Osmund – CEO, Spring Media: +46 70 630 01 34 – email@example.com
Liisa Puurunen – VP, International Entertaining Businesses, Elisa Oyj: +358 505 060 285 – firstname.lastname@example.org
Fanseat is a global SVOD digital sports channel launched by Finland’s largest private telecommunications company, Elisa, in 2015. It serves a cumulative audience of over 200 000 from 100 countries, with 4000 events and 10 000 hours of content aired live on an annual basis. Twenty different sports are included in the service with Football, Ice Hockey and Basketball being the main ones; and the channel has agreements with domestic leagues and federations in France, Denmark, Lithuania and Finland.
Fanseat website and social media channels:
ABOUT SPRING MEDIA
Spring Media is an international sports media agency that provides media rights distribution as well as digital, production-, distribution- and consulting services for sporting events. The company has a global reach with its head office in Stockholm and regional offices in Hamburg, Astana and Mexico City. Spring Media owns, manages, produces and distributes over 5,000 hours of live sports annually to over 200 broadcasters worldwide. More information at www.springmedia.se
Elisa is a pioneer in telecommunications and digital services. The company serves approximately 2.8 million private, corporate and public administration organisation customers, and has over 6.2 million subscriptions in its extensive network. Cooperation with Vodafone and Telenor, among others, enables globally competitive services. Elisa’s core markets are Finland and Estonia, and it also provides digital services for international markets. Elisa’s shares are listed on the Nasdaq Helsinki. In 2018, its revenue was EUR 1.83 billion euros and employment total at 4,800 people. As a responsible Finnish market leader, Elisa’s operations are guided by continuous improvement. Further information on www.elisa.com, Facebook (@elisasuomi) and Twitter (@ElisaOyj).