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Forbes jumps into hot media liquidity summer with a SPAC combo

TechCrunch

What a busy week in the world of media liquidity. Hot media liquidity summer? In corporate-speak, Forbes Global Media Holdings is merging with blank-check company Magnum Opus Acquisition Limited. The company will sport an equity valuation of $830 million after the deal closes, per its own calculations.

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OpenSponsorship lands new capital to bring brands, athletes together

TechCrunch

Ishveen Anand grew up in England playing sports all of her life, including during her time at Oxford. However, what she found was that the process was inefficient — the sports world was slow-moving in terms of brands getting contracts with athletes. OpenSponsorship deals page.

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NEX raises $25M, launches Active Arcade to get people moving

TechCrunch

It also previously raised a $4 million seed round from Charmides Capital, Harris Blitzer Sports & Entertainment Ventures and Mandra Capital, Steve Nash, Jeremy Lin and Mark Cuban in 2018. Many other leaders in sports, media and technology have also baked NEX. This latest round comes after NEX raised an $8.5

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6 Tech Trends that will reshape Media & Entertainment in 2021

Trigent

By 2024, Over-the-top (OTT) media revenue is predicted to touch $158.84B that’s more than double the $67.8B Here’s our take on 6 technology trends that will influence the media and entertainment world this year. in 2023 with eSports being touted as the future of sports. revenue that was generated in 2018.

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Draftea kicks off LatAm fantasy football with NFL partnership, fresh funding

TechCrunch

Draftea , which calls itself the first daily fantasy sports company in Spanish-speaking Latin America , is taking fantasy football (not fútbol) to the region in a new partnership with the National Football League (NFL) and the NFL Player’s Association, a labor union representing the league’s athletes.

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Enhancing customer care through deep machine learning at Travelers

CIO

s a pressing issue not unique to Travelers, but Mannoochahr sees that in order to deliver on those disciplines advancing analytics to foster a healthier business, he and his team recognize the need to cast a wider net. This is kind of a team sport for us, so itâ??s And I would say this is kind of a team sport for us, so itâ??s

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Helbiz reports revenue increase but dwindling cash reserves

TechCrunch

Helbiz started out as a shared micromobility company but has since expanded to include ghost kitchens, media streaming and, most recently, a taxi service. million in revenue came from “the incremental contribution from Media and Kitchen,” said Helbiz chief financial officer Giulio Profumo in a statement. The remaining $1.7

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