February 6, 2017
By Thanussha Priyah
Turner International’s Digital Ventures & Innovation Group announced an equity investment in digital media sports company Bigballs Media (BBM), the parent company of one of the world’s fastest-growing digital video platforms for football content, Copa90.
The funding will be used to fuel BBM’s international expansion, content production and distribution and enhance its data capabilities as it continues its growth trajectory. The investment will fuel further international growth and fully establish Copa90 as the definitive football youth media brand.
Turner’s Digital Ventures & Innovation Group was recently formed to focus on opportunities for innovation, development and acquisition. The investment comes within the group’s first month of operations and signals the company’s commitment to increasing its presence in the digital sports space. Turner is the largest provider of funding for the Series B investment round and the main strategic investor.
In parallel, Turner and BBM have signed a commercial agreement which embraces multiple opportunities for Turner and BBM to leverage their respective distribution and content production expertise. The partnership expands on an existing commercial relationship with leading digital sports brand Bleacher Report, a division of Turner.