We got what could be a major shakeup in the world of sports media. CNBC can confirm now that the NFL is in advance talks to buy a minority stake in ESPN and in return ESPN could take control of the NFL network in Red Zone. It would be a very big and bold move that could reshape how fans watch football.CBC's Alex Sherman is here to break down what is at stake. Alex. Yeah, Andrew.So, I'm reporting this morning that the NFL has had discussions and is currently in talks to buy a 10% stake in ESPN. Now, that is ...

Core Insights - SEGG Media Corporation has entered a five-year commercial agreement with Super League Kerala (SLK), valued at over $11.6 million, marking its first official football league partnership in the Indian subcontinent [2][3] - The partnership positions SEGG Media and its Sports.com super app as the exclusive global commercial and broadcast partner for SLK, aiming to enhance audience reach and monetization strategies [3][6] Company Overview - SEGG Media is a technology company focused on transforming the intersection of sports, entertainment, and gaming, operating under NASDAQ: SEGG and LTRYW [2][11] - The company aims to redefine audience interaction with content through immersive fan engagement and AI-driven experiences [11] Partnership Details - The agreement includes exclusive international streaming rights, integrated gaming and fan engagement products, and global sponsorship rights, targeting the Keralite diaspora in various regions [7][6] - Season 1 of SLK attracted nearly 13 million viewers, with Season 2 targeting a 25% increase in audience reach through Sports.com's streaming platform [3][10] Strategic Importance - The partnership is seen as a validation of the Sports.com strategy, providing a high-growth product in a region with a strong football culture [4][5] - The deal allows for a tiered subscription model, enabling fans to engage with SLK matches in multiple languages and access real-time stats and on-demand replays [6][10]

Core Viewpoint - SEGG Media Corporation has entered a five-year commercial agreement with Super League Kerala, valued at over $11.6 million, marking its first official football league partnership in the Indian subcontinent [3][4]. Group 1: Partnership Details - The agreement establishes SEGG Media and its Sports.com super app as the exclusive global commercial and broadcast partner for SLK [4]. - Season 1 of SLK attracted nearly 13 million viewers, with Season 2 targeting a 25% increase in audience reach through Sports.com's streaming platform [4][9]. - The partnership will enable a tiered subscription model through Sports.com, allowing fans to engage with SLK matches in multiple languages and access real-time stats, fantasy integration, and on-demand replays [7]. Group 2: Strategic Importance - The partnership is seen as a validation of the Sports.com strategy, providing a high-growth product to launch the app in a market with a strong football culture [5]. - SEGG Media aims to leverage this partnership to expand its presence across India, Asia, and MENA, targeting the Keralite diaspora globally [12]. - The deal includes commercial inventory for local and global sponsors, creating a scalable advertising engine tied to viewership growth [7]. Group 3: Company Background - SEGG Media Corporation operates a portfolio of digital assets, including Sports.com and Lottery.com, focusing on immersive fan engagement and ethical gaming [10]. - The Super League Kerala is designed to elevate the football culture of Kerala, aiming to create a professional football ecosystem and inspire the next generation of footballers [8][9].

Core Viewpoint - Lottery.com Inc. has rebranded as SEGG Media Corporation, marking a significant corporate transformation and signaling a new era of growth in sports, media, and ethical gaming [3][4] Group 1: Corporate Transformation - The rebranding represents a definitive closure of legacy issues and positions SEGG Media for future growth [4] - SEGG Media is now structured to operate as a global sports and entertainment conglomerate [4] Group 2: Strategic Architecture - SEGG Media operates through three synergistic verticals: Sports, Entertainment, and Lottery, designed for global expansion and long-term shareholder value [5][10] - The company aims to create a fan-first business model that integrates immersive media and technology-driven experiences [6] Group 3: Content and Engagement - SEGG Media plans to redefine audience connections through original content, influencer campaigns, and innovative storytelling [7] - The company will focus on acquiring and revitalizing trophy assets, such as sports clubs and race teams, to unlock their value [7] Group 4: Financial Strategy - The company has stabilized its operations and balance sheet, appointed world-class leadership, and secured a $300 million equity line of credit [11] - Future plans include revenue-focused execution, responsible credit use, and strategic acquisitions to enhance market capitalization [15] Group 5: Future Outlook - SEGG Media is poised for major updates and aims to compete with larger entities by leveraging technology and ethical values [12]

Core Viewpoint - Lottery.com is advancing its global expansion with the launch of the Sports.com Super App, a unique digital platform for sports fans that integrates live streaming, social engagement, e-commerce, and gamification [1][3] Group 1: Super App Features and Strategy - The Super App will launch in select global markets in Q3 2025, initially focusing on soccer and motorsport, supported by high-profile sponsorships and strategic initiatives [2] - The app will integrate six primary features: live streaming, community chat hubs, stats-based social media, e-commerce, real-money and fantasy sports gaming, and sports news, aiming to engage fans for 4-5 hours beyond match time each week [3][4] - The acquisition of GXR's sports and technology assets is a strategic move to consolidate fragmented sports experiences and enhance media expansion [3][5] Group 2: Financial Aspects and Investments - Lottery.com has signed a Letter of Intent to acquire a 51% controlling interest in GXR's assets, valuing the transaction at $10 million pre-money, with an initial investment of $5.1 million [5][6] - A $15 million financing commitment has been pledged by Lottery.com to support the expansion of the Sports.com Super App [5] Group 3: Market Impact and Future Outlook - The collaboration between Lottery.com and GXR aims to create the world's first true sports super app, allowing fans to control their entire live event experience [7] - The agreement includes a call option for Lottery.com to acquire 100% ownership of the new entity by the end of 2027, indicating long-term growth potential [6]

Core Insights - Lottery.com Inc. has appointed Tamer Hassan as President of Sports.com Studios, a new content division focused on sports-related films and programming [1][3][4] - Hassan has over 25 years of experience in international film and television, known for roles in notable productions [2] - The new division aims to develop and distribute compelling sports-focused content, marking a significant step in Sports.com's expansion into entertainment media [3][5] Company Developments - Tamer Hassan's leadership is expected to enhance the creative and strategic direction of Sports.com Studios [3][4] - The division is currently in pre-production on several projects, including a documentary series about a major British football club [4] - The initiative reflects the company's strategy to blend sports, cinema, and storytelling, aiming to inspire global audiences [5] Leadership Statements - Matthew McGahan, Chairman & CEO, praised Hassan's unique qualifications and connection to sports, emphasizing the potential for powerful content creation [4] - Hassan expressed enthusiasm for merging the worlds of sport and film to create authentic narratives for fans [5]

Lottery.com (LTRY) Conference June 05, 2025 01:30 PM ET Speaker0 Well, good afternoon, everyone. I'd like to introduce you to lottery.com. The stock symbol is l t r y. It currently has roughly a $40,000,000 market cap. I look at this year as a reset year, and the company may be viewed it as even an entirely new revamped company. And I welcome Lottery.commanagement and Matt to explain the outlook for Lottery.com. Thanks, Matt, for joining us, and, and thanks, Greg, as well. Speaker1 Thanks, Michael. Nice to ...

SHENZHEN, China, June 02, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that it has closed the acquisition of Shanghai Kuanghui Network Technology Co., Ltd. ("Kuanghui", also known as Shanghai Kuanghui Internet Technology Co., Ltd.), which operates Hupu, a leading sports media and data platform in China. Pursuant to the terms of the definitive agreement between Xunlei and Kuanghu ...

Core Viewpoint - Lottery.com Inc. and Sports.com are enhancing their brand visibility through sponsorship of three drivers in the INDYCAR SERIES and INDY NXT, aiming to build long-term equity in sports and entertainment sectors [1][10][11] Sponsorship Details - The sponsorship includes Callum Ilott, who will prominently display the Lottery.com logo on his helmet for the remainder of the 2025 season after a strong performance at the Indianapolis 500 [3][4] - Louis Foster, who earned Top Rookie Honors at the Indy 500, will showcase Sports.com branding on his car, reflecting the company's commitment to supporting elite racing talent [6][7] - Sebastian Murray, the youngest driver in the INDY NXT series, will carry Lottery.com branding on his vehicle, symbolizing the company's focus on emerging motorsport talent [8][9] Strategic Importance - The sponsorship is viewed as a movement towards building global brand recognition and enhancing fan engagement in one of the most watched racing series [10][11] - The partnerships are expected to signal to shareholders that the company is making strides to increase the value of its premium brand assets [11]

Landmark brand positioning catapults both Lottery.com and Sports.com to center stage at “The Greatest Spectacle in Racing” - the Indy500INDIANAPOLIS, May 22, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or “the Company”) and Sports.com proudly announce a historic dual sponsorship activation at this weekend’s Indianapolis 500 — the largest single-day sporting event in the world. This milestone marks the official motorsport debut in the NTT IndyCar Series for both brands and ...