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Perform Group, ACBJ Launch Joint Venture Around Sporting News

Perform Group Plc and American City Business Journals this morning announced a major joint venture to combine Perform's U.S. sports assets, including its popular ePlayer sports video service, with ACBJ's Sporting News brand. The new company, Perform Sporting News Limited, will operate under the brand name of Sporting News Media and likely become one of the top five digital sports media properties in the U.S., blending the ePlayer video syndication that provides highlights to more than 250 news outlets, and soccer portal Goal.com with Sporting News’ portfolio of assets, including SportingNews.com. The U.K.-based Perform will own 65% of the new entity and serve as majority owner, with ACBJ holding a 35% share.

The deal will further solidify Perform in the U.S. Its ePlayer, in less than four years of domestic operation after an initial run in England, has assembled online highlight rights to nearly every major U.S. pro sports property including the NFL, MLB, NBA and NHL, and distributes the content to major news outlets including Gannett, the N.Y. Daily News and L.A. Times, among others. The addition of Sporting News brings a large array of news and sports data, as well as a mainstream consumer brand. For ACBJ, the deal represents another significant step in the ongoing transformation of Sporting News, which it purchased in '06.

ACBJ is the parent company of The Daily, SportsBusiness Journal and SportsBusiness Daily Global.

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

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