Along with Imlay Investments and Buckhead Investment Partners, we closed a $3 M round of funding in 2080 Media last week. The company has completed the acquisition of PlayOn Sports, a division of Turner Broadcasting. The CEO, David Rudolph, was the architect of the business while he ran product development at Turner. The company will extend PlayOn’s current efforts in supplying local media affiliates with an end-to-end solution for producing and distributing live events, with a particular emphasis on high school sports content. 2080 will also sell directly to high schools looking to produce their own events. Unlike several other players in this space, 2080 will take advantage of the large investment Turner has made in building out the platform. Moreover, Turner will maintain an ownership stake in the company and will continue to provide guidance and support.
Congrats, 2080 Media!
Stay tuned…
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