Keeping Score - California Business Journal

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Keeping Score - California Business Journal
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-
Keeping Score - California Business Journal
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
Keeping Score - California Business Journal
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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