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NEULION, INC. T.NLN

"NeuLion Inc is a technology product and service provider that offers digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices."


TSX:NLN - Post by User

Post by alo797on Aug 04, 2015 10:13am
679 Views
Post# 23986464

Big loss due to nhl dropping neulion.imo

Big loss due to nhl dropping neulion.imo

NHL signs pact for digital operations with Major League Baseball

Aug 4, 2015, 9:09am EDT

The National Hockey League has signed a six-year partnership with MLBAM in which MLBAM and Major League Baseball’s overall media division will now operate the NHL’s digital operations, streaming services and NHL Network, according to multiple sources.

The deal, valued at more than $1.2B over the course of the contract, will also give the NHL a 7-10 percent equity stake in MLB’s digital arm. MLBAM will take over operations of the websites of the league and its 30 clubs, all mobile applications, and its GameCenter Live streaming video service. The NHL had previously used NeuLion as its digital vendor for the past seven years.

MLBAM will also oversee NHL Network, moving the channel’s HQ to MLB Network’s existing location in Secaucus, N.J. With the new deal, MLBAM will work with the NHL on programming and production, and pay the league approximately $100M a year in rights fees.


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