Keeping Score - California Business Journal
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Technology and Innovation Keeping Score Fz Sports creates the first vertically-integrated company focused on the full value chain of sport across streaming, distribution and rights. M atías Rivera knows the score -- streaming platform into expanding to become a and his team at Fz Sports is fully, virtually-integrated sports company. “Our bringing a global jersey to the group of businesses not only brings value to expanding world of streaming sports fans, but also to rights holders, sports or- sports. ganizations, leagues and clubs,” Rivera says. “This separates us from other players in the Debuted in 2021, Miami-based Fz Sports, of space, in that we offer a full suite of solutions." which Rivera is CEO and co-founder, represents a coalescence of three unique sports tech entities. With clients in over 100 countries and a diverse Previously best known for launching Fanatiz, the team of 90 professionals working globally, the leading soccer streaming app that forms one of recent formation of Fz Sports marks a lineup of the subsidiaries, the new venture operates a sin- innovative endeavors: Fanatiz, Nunchee and gle umbrella with the collective aim is to opti- 1190 Sports. mize the connection between fans, brands and "It's a reflection of our landscape that there are rights holders, with both ends of the field enjoy- many points across the sports-value chain, not ing enhanced engagement. only with the fans – which is where we started – The company evolved from being a sports- but also with the rights holders," Rivera says. California Business Journal / May 2021 / www.calbizjournal.com By Rick Wein-
Technology and Innovation "By providing this fully-integrated proposition to white-label manner to empower and enable con- the sports-value chain, we're using our technolo- tent creators and rights holders around the world gy to connect the dots and we've created more who want to launch their own streaming ser- value than the sum of their parts. And the fan is vices, with an emphasis on sports," Rivera says. still at the heart of everything we do." 1190 Sports, which debuted in 2015, focuses on Known as "The World's Largest Stadium," managing, commercializing and development Fanatiz launched in 2016. The popular sports revenue streams -- sponsorship, broadcasting and streaming platform is available on all devices image rights. worldwide, with a particular "pitch" to soccer 1190 develops the long-term, “win-win partner- fans. Evidencing Fz Sports' commitment to af- ships” with rights holders and sports organiza- fordable content, Fanatiz is available via a paid tions. For example, the Brazilian Soccer League subscription model ($7.99/month), along with a and the Argentine Soccer League use 1190 Sports as their partner for the global distribution premium version. and monetization of their rights. "Our technology helps aggregate numerous The palpable trio of endeavors represents, in channel sports properties on a single platform, Rivera's view, more than just a scorecard of crea- making it easy for the fans to find everything in tor/content/user connections; additionally, the the same place," Rivera says. CEO sees enhanced sports' streaming content as Used by content creators from entire sporting a natural progression of fandom. leagues to independent contracts, Nunchee has Tracking viewer consumption changes and habits been in business since 2011. from music to movies to media, the digital en- The direct-to-consumer streaming service sports gagement of sports brings with it a unique cross- a client lineup ranging from the self-employed to over from screen to community. individual sports clubs to entire leagues, includ- "The way we've consumed sports, traditionally, ing the British Basketball League and ATA Foot- it's very similar to the way we've watched TV ball. content. However, sports is so different in the "Nunchee makes our technology available in a sense of the emotions, the passion, the triggers of California Business Journal / May 2021 / www.calbizjournal.com
Technology and Innovation engagement," he says. "And, along with every- accelerated new payment methods as well as thing around the live event -- from the statistics consumer habits of online content. to the highlights to the commentary – we can “The bottlenecks previously in place have now really drive that user consumption experience. become opened floodgates," Rivera says. Sports, compared to watching other program- ming, has a relationship with much more live The floodgates aren't limited to viewer and fan engagement and interaction." habits, as Fz Sports is continually endeavoring to keep the digital turnstiles churning and turning. Operating along the pandemic timeline through- out 2020 and into '21 has found Fz Sports well- Expanding its own roster, the company's recent positioned for the world's growing appetite for launch of a new partnership with FOX Sports digital content, especially at a time when fandom Mexico, furthering a Latin American expansion is often experienced from a remote vantage. and increasing access to rights such as the NFL, Major League Baseball and Formula 1. "The pandemic has certainly accelerated many trends that were already in motion, and has fur- A self-described "problem-solver," Rivera's pen- thered adopting of digital media solutions, in- chant for solutions seeks to lead Fz Sports from cluding sports streaming," Rivera says. the content of today, to the fields of tomorrow. “We believe,” he concludes, “that in the five As one example, in international markets, out- years' ahead, there is much more excitement and side of the U.S., there had been a reluctance to innovation to come." spend money on consuming digital services and even the payment methods for these services had Copyright © 2021 California Business Journal. been a big challenge. However, the pandemic has All Rights Reserved. California Business Journal / May 2021 / www.calbizjournal.com
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