News Article

Global Sports Tech Industry Update | November 2021

Written by DrakeStar | Dec 20, 2021 7:18:37 AM

LONDON | NEW YORK | December 20th, 2021 – Drake Star is pleased to release the November 2021 edition of its Global Sports Tech Industry Update. This monthly update gives a summary of the key industry news and insights that prevailed in November:

Key industry news:

 

  • YouTube’s partnership with OTT broadcaster DAZN has been successful in reaching new audiences for women’s soccer
  • Premiership Rugby brings in Ticketmaster for digital ticketing solutions to create one-stop-shop
  • NBA and Sportradar sign $1bn betting data and streaming deal
  • November showed outstanding M&A activity with 25 deals announced and a record $4.0bn in disclosed deal activity now totaling 133 deals and $20.1bn in disclosed deal activity for 2021
  • Fundraising activity gained momentum in November with a total of 37 deals and $1.1bn in disclosed funding, now totaling 316 rounds and $8.5bn in disclosed funding for 2021
  • Twitch viewership hours watched fell this month, down 11.4% vs. October

 

Drake Star Sports Tech Team:

Gregory Bedrosian, Eric Ward, Michael Metzger, Mathilde Deschamps, Edward Page, Michael Heilweil

 

Inquiries

For further inquiries, please contact:

Gregory Bedrosian
CEO & Managing Partner
gregory.bedrosian@drakestar.com | +1 2035245652

Eric Ward
Partner
eric.ward@drakestar.com | +44 (0)77400 52486

Michael Metzger
Partner | Drake Star Partners
michael.metzger@drakestar.com | +1 310 696 4011