A representative for Endeavor, which releases second quarter earnings on Thursday, deferred financial questions to Learfield. “The allegations in Playfly’s original complaint are misleading and do not provide a complete picture of Learfield’s results,” according to a statement provided by Learfield spokeswoman Jennifer Duncan. Learfield says it isn’t in breach of its Playfly partnership. The lawsuit, filed in Delaware, directly mentions quarterly and yearly losses laid out in various Endeavor filings under a section of the lawsuit that claims the company has been “hemorrhaging money.” Playfly claims that Learfield failed to fulfill the full extent of their partnership and that the company’s wider financial struggles are part of the reason. These financial disclosures are a central part of a lawsuit filed last month against Learfield by its competitor Playfly, which has a convoluted financial relationship with Learfield at the University of Florida. In 2020 the business posted a net loss of $996.2 million on sales of $760.5 million, while in 2019 Learfield lost $689.1 million on revenue of $1.3 billion. Learfield had a net loss of $164.3 million last year on revenue of $1.09 billion, according to the Endeavor document. The business currently works with more than 1,000 schools in some capacity, handling multimedia rights for nearly 200 of them, including roughly 75% of the Power Five. TuneIn is available on more than 200 platforms, including smartphones, tablets, vehicles and gaming consoles.Learfield is the primary middleman in connecting brands and media companies with athletic departments across the country. For a complete list of teams, fans can search “college football” on the free TuneIn Radio app or visit /collegefootball. To find a specific team, fans can simply search for their team name. Listeners can now follow each of the 85 schools’ 24/7 channels on TuneIn. TuneIn has the most comprehensive free college football and basketball coverage in the industry with thousands of live games from every major conference, including the ACC, Big Ten, Big 12, Pac-12, SEC, AAC, MAC and WAC. “This is a historic season for college football as it enters the playoff era, and we are excited to make it easy for fans worldwide to hear hundreds of games from nearly 100 schools.” “We are thrilled to further extend our relationship with Learfield Sports and add 16 new teams to the growing TuneIn college sports offering,” said Kevin Straley, VP of Programming at TuneIn. “We’re constantly looking at ways to reach fans regardless of location or device, and the TuneIn platform gives us another powerful application to deliver our highly sought after home town live sports programming.” “TuneIn has already proven to be an impactful addition for the university partners we represent in the Pac 12, so we’re excited to extend this offering to even more schools this year,” said Learfield Sports’ Senior Vice President and Chief Content Officer Joe Ferreira. In addition to football content, TuneIn will carry live basketball coverage for each of the participating Learfield Sports’ school partners when the season begins in November. This partnership with Learfield Sports adds to TuneIn’s comprehensive college football list of over 85 schools, including its 53 schools from the power five conferences including Florida State, Arkansas, Auburn, Florida, Georgia, Michigan, Ohio State and USC.Įvery college team will have its own branded 24/7 channel on TuneIn, giving fans everywhere access to team–specific, live play-by-play, pre-game and post-game shows, live weekly coaches shows, and new and archived game replays. This new addition of teams will improve Learfield’s worldwide distribution of digital programming, and add to TuneIn’s extensive list of over 85 college teams.īuilding off the existing relationship TuneIn has with Learfield Sports’ partners in the Pac 12 - Stanford, Oregon State and Colorado - Learfield will add 16 new schools from the ACC, Big Ten, Big 12 and SEC, including Alabama, Missouri, Texas A&M, Louisville, NC State, Wisconsin, Penn State, Indiana, Iowa, Northwestern, Purdue, Minnesota, Illinois, Kansas State, Oklahoma State and Texas Tech. TuneIn and Learfield Sports today announced an extended partnership in which TuneIn will carry every play-by-play broadcast and additional college football content from 19 Learfield Sports’ university partners including Alabama, Wisconsin, Louisville, Texas A&M, and Penn State.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |