SPORTRADAR WINS MAJOR BID FOR ATP RIGHTS LONDON and ST. GALLEN, Switzerland, March 13, 2023 (GLOBE NEWSWIRE) -- Sportradar, a subsidiary of Sportradar Group AG (Nasdaq: SRAD), has been selected as the successful bidder for the global ATP data and betting streaming rights starting 2024. It follows an extensive RFP process led by Tennis Data Innovations (TDI). Sportradar is a world leading sports technology company, providing immersive experiences for sports fans and bettors worldwide. The company has been a supplier of official ATP Tour and Challenger Tour secondary data feeds since the start of 2022 and boasts a roster of partnerships spanning professional sports. The RFP process was initiated by TDI in January 2023 and saw five bidders submit detailed proposals across multiple rounds, for a six-year rights cycle beginning in 2024. The process took to market rights that have grown significantly in value over more than a decade. The process followed the setup in 2020 of TDI as a specialist joint venture vehicle of ATP and ATP Media to oversee innovation, development, and commercial management of all data and betting streaming products for the ATP Tour and ATP Challenger Tour. Sportradar’s commitment to product innovation for the downstream market and unrivalled development in advanced technologies such as computer vision and AI, in addition to its industry leading integrity services, were key considerations in the selection process. David Lampitt, TDI CEO, said: "We are grateful to all the bidders who showed such commitment to our content throughout the selection process. Sportradar has been chosen as the best partner to deliver against our growth ambitions due to their combination of product capabilities, global reach and an innovative commercial model that preserved our ability to share in the continued growth of this market. “Since the establishment of TDI, our mission has been clear – to create the most engaging data & streaming products and services for existing tennis fans and bring new fans to the game. If we get this right, we will deliver great returns for the sport. The competitive nature of this process, as well as the compelling successful bid from Sportradar, reflects the incredible value of ATP content. We look forward to forging a successful partnership together.” Carsten Koerl, Sportradar CEO, said: “We are delighted that TDI has selected Sportradar as the successful bidder to support the enormous growth of the sport of tennis. The capabilities and global scale of our offerings will provide betting operators innovative, best-in-class products and tech savvy tennis fans a richer, more immersive experience that only Sportradar can deliver. Our expertise in developing advanced technologies, including computer vision and AI which create advanced analytics and data visualization, will drive new, compelling ways for fans to engage with tennis, while also safeguarding and upholding its integrity.” SRAD---> $11.74 (+2.6%)
DID YOU GUYS HEAR ABOUT THE RUSSIA JET THAT DUMPED JET FUEL ON ONE OF OUR DRONES? YEA AND THEN ANOTHER JET HIT IT AND HURT IT. VERY MEAN.
IN WHAT WILL BECOME A VERY LONG LIST. A LIST AS LONG AS TIME ITSELF. THIS DRONE IS THE 1st AI causality taken in the war of our future.
A Russian Su-27 fighter jet collided with an American military drone over the Black Sea on Tuesday, the U.S. military said. U.S. forces brought down the drone in international waters, the U.S. military's European Command said in a statement, and the White House called the Russian plane's intercept of the unmanned aircraft "reckless." "Our MQ-9 aircraft was conducting routine operations in international airspace when it was intercepted and hit by a Russian aircraft, resulting in a crash and complete loss of the MQ-9," U.S. Air Force General James Hecker, commander of U.S. Air Forces Europe and Air Forces Africa, said in a statement. "In fact, this unsafe and unprofessional act by the Russians nearly caused both aircraft to crash," Hecker said. At the Pentagon, Air Force Brig. Gen. Pat Ryder said the Russian jet was likely damaged in the incident but it did land afterward. Ryder, a Pentagon spokesman, wouldn't say where the jet landed. Ryder, who wouldn't say whether the drone was armed, referred to the unmanned aircraft as a MQ-9, but not a Reaper. The U.S. uses MQ-9 Reapers for both surveillance and strikes and has operated the drones in a variety of locations, including in the Middle East and Africa. Other countries, including Britain and France, also fly Reapers. The drone was conducting an intelligence, surveillance and reconnaissance mission, Ryder said. Russian intercepts in the Black Sea area are common, but this one "is noteworthy because of how unsafe and unprofessional it was, indeed reckless that it was," National Security Council spokesman John Kirby told journalists. Two Russian fighter jets were involved in the incident, European Command said. During what the military called "an unsafe and unprofessional intercept" Tuesday morning, one of the Russian jets struck the drone's propeller, which led to U.S. forces taking the drone down. Before the collision, the jets dumped fuel on the drone and flew in front of it "in a reckless, environmentally unsound and unprofessional manner," European Command said.
Exited at $34 of GTLB, almost made $3 points Out of AMC, was a fun option trade, made a couple of bucks. Edited: Not touching LMB, GE, GEHC because there is no reason to?
Stoney-(Thurston Howell), I thought your accounting department handled tax stuff while you’re manning the helm of the SS Stoney?
They beat, but man they burned some cash. $1.7B cash at the end of 2021, $202M at the end of 2022 FCF looks horrible.