Overtime Scores $23M Investment As Sports-Video Competition Grows [Forbes]
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Source: Forbes
Overtime Scores $23M Investment As Sports-Video Competition Grows Former NBA Commissioner David Stern speaks between Jason Day of the Wall Street Journal, left, and Dan Porter of Overtime at the Hashtag Sports Conference (Adam Hunger/AP Images for Hashtag Sports) ASSOCIATED PRESS Two-year-old online sports-video site MSG Networks Inc. ARTICLE CONTINUES AFTER ADVERTISEMENT Spark Capital Bijan Sabet Overtime is a major player in the growing competition for the attention of online sports fans, especially young mobile users who are dropping away from traditional TV networks and game coverage. Overtime and competitors such as Los Angeles-based Mars Reel Overtime relies on a network of 1,000 phone-toting paid stringers who submit game highlights and other programming through the company's own app. That approach helps Overtime sidestep the brutal battles now being fought among networks and digital newcomers for pricey broadcast and streaming rights to the games of major professional sports.
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